Here are 10 Indian penny stocks to invest in NSE in 2023:

Vodafone Idea Ltd. (Telecom):

Vodafone Idea is one of the largest telecom operators in India. The company has been facing some challenges in recent times, but it has a strong brand and a large customer base. The stock is currently trading at around Rs. 7.00 per share.

Alok Industries Ltd. (Textile):

Alok Industries is a textile company with a strong presence in the Indian market. The company has been expanding its business in recent years and is well-positioned to benefit from the growing demand for textiles in India. The stock is currently trading at around Rs. 6.00 per share.

Jammu & Kashmir Bank Ltd. (Banking):

Jammu & Kashmir Bank is a public sector bank with a strong presence in the state of Jammu and Kashmir. The bank has a good track record of profitability and is well-capitalized. The stock is currently trading at around Rs. 13.00 per share.

Indian Overseas Bank (Banking):

Indian Overseas Bank is a public sector bank with a strong presence in southern India. The bank has been facing some challenges in recent times, but it is taking steps to improve its performance. The stock is currently trading at around Rs. 18.00 per share.

Bank of Maharashtra Ltd. (Banking):

Bank of Maharashtra is a public sector bank with a strong presence in western India. The bank has been performing well in recent years and is well-capitalized. The stock is currently trading at around Rs. 22.00 per share.

Dish Tv India Ltd. (Satellite Television):

Dish TV is a direct-to-home (DTH) television provider in India. The company has a large customer base and is well-positioned to benefit from the growing demand for DTH services in India. The stock is currently trading at around Rs. 14.00 per share.

Morepen Laboratories Ltd. (Pharmaceutical):

Morepen Laboratories is a pharmaceutical company with a diversified product portfolio. The company has a good track record of research and development and is well-positioned to benefit from the growing demand for pharmaceuticals in India. The stock is currently trading at around Rs. 20.00 per share.

Suumaya Industries Ltd. (Chemical):

Suumaya Industries is a chemical company with a strong presence in the Indian market. The company has been expanding its business in recent years and is well-positioned to benefit from the growing demand for chemicals in India. The stock is currently trading at around Rs. 4.00 per share.

Vaxtex Cotfab Ltd. (Textile):

Vaxtex Cotfab is a textile company with a strong presence in the Indian market. The company has been facing some challenges in recent times, but it is taking steps to improve its performance. The stock is currently trading at around Rs. 2.50 per share.

Goyal Aluminiums Ltd. (Metal):

Goyal Aluminiums is a metal company with a strong presence in the Indian market. The company has been expanding its business in recent years and is well-positioned to benefit from the growing demand for metals in India. The stock is currently trading at around Rs. 3.50 per share.

Please note that this is not a recommendation to invest in any of these stocks. It is important to do your own research before investing in any stock.