Investing in shares can be a smart and strategic move if done wisely. One way to invest smartly is by investing in shares below Rs 5. These shares are often referred to as penny stocks and are considered high-risk investments due to their low market capitalization. However, with careful analysis and strategic investment, it is possible to make a profit from these low-priced shares.

The first step to investing wisely in shares below Rs 5 is to do extensive research. Analyze the company's financials, its management team, and overall market trends. It is essential to invest in a company that has strong fundamentals, a promising future outlook, and a competitive edge. It is advisable to invest in companies that have a proven track record of profitability and growth.

Secondly, it is crucial to diversify your portfolio when investing inshares below Rs 5. Investing in multiple companies across different sectors will help mitigate the risk of losing your investment. A well-diversified portfolio will also help you take advantage of any market opportunities and reduce volatility.

It is also important to have a long-term investment horizon when investing in penny stocks. These stocks can be volatile and unpredictable in the short term, but over the long term, they can provide significant returns. Having patience and discipline while investing in these stocks can be rewarding.

Lastly, it is essential to have a risk management strategy in place. Set stop-loss orders to limit your losses in case the stock price begins to fall. This will help you minimize your losses and protect your investment.

In conclusion, investing wisely in shares below Rs 5 can be a smart and strategic move if done with careful analysis and strategic investment. By conducting thorough research, diversifying your portfolio, having a long-term investment horizon, and implementing a risk management strategy, you can potentially profit from penny stocks while minimizing the risks involved.