Best stocks to buy today under 100 Rs : A guide for stocks under 100 rs.
Stock market investment has for a long time been a system through which people increase their wealth, however this process when it comes to choosing the right stock is sometimes confusing to beginners as well as the experienced investors. This is even more so when one is working to a low capital base and seeks to locate fantastic stocks which have a price per share below 100 rupees. But a greater number of opportunities can be currently found at the Indian stock market that is wide and quite deep at this price level.
Here, we’ll look at some of the stocks you should consider for investment, which are currently trading at less than ₹100 (as of 2024), with respect to value, growth, and specificity. Before moving on to specific stocks, we were preparing for the analysis of which it is useful to briefly describe why it is useful to invest in low-cost shares.
Let’s take a closer look at this and understand as to why one should invest in stocks of companies whose market values are under ₹100?
Overview: The Reliance Industries is one of the biggest players in the country when we talk about the chemical sector in the country. Reliance Industries is the biggest petrochemical player as a private company in India. The company’s petrochemical division that contributes a significant portion to RIL’s total revenue generates a wide product portfolio that includes polymers, polyester fibers and intermediates, elastomers, among others. Such strategic investment in new plants and accretion of technologies has put the company in a competitive advantage in the chemical industry world wide.
Affordability: There are many institutions that invest in stocks that sell at below ₹ 100. These stocks are useful to the beginners who cannot invest huge amounts of capital or those investors who wish to invest in more than one stock without having to invest a lot of money.
High Growth Potential: These are many times small-cap or mid-cap firms, that is why their shares are cheaper. While these firms are relatively more risky than the ones we discussed in the previous sections and own lower overall beta-coefficients indicating higher total return volatility, these firms are likely to experience significantly greater growth rates. These firms grow and find their roots in the market and at the same time their stock prices may rise highly.
Diversification: Buying several shares with a low price enables an investor to include many firms and, therefore, management of risks is easy. Diversification minimizes risks because not all the shares are bound to bring losses at the same time.
Long-Term Gains: Currently, people should seek to buy stocks in companies that are fundamentals sound, managed well with potential for growth. Any stocks that are inexpensive can yield good results in the long term.
Some Factors You Should Look At Before Investing In Low-Cost Stocks Now, let’s consider certain things to bear in mind when it comes to best stocks to buy today under 100 rs :
Fundamentals: Whenever focusing on day trading, remember that before investing in any business always study its revenue, its solvency, its debts and its cash position. The situation that a stock with a low price, but which has bad characteristics of its economy indicators, can be a dangerous one.
Management Quality: The role of the management in a company is central to the success or otherwise of that company. It is important to make sure that the management of the organization has credibility.
Sector Performance: There is the likelihood of some sectors to be more dominant than others, for instance, technology, pharmaceutical, renewable energies have been highlighted to have good growth prospects in India. There are some general tips to follow in the development of business strategies. Streamline your company’s services and products in the most promising sectors.
Risk Tolerance: This is because low-priced stock can fluctuate higher than its price hence are prone to high risks, therefore if you consider investing in low-priced stock, then you need to do a quick check on your risk level.
best stocks to buy under 100 rs (as of 2024)
1. Suzlon Energy Ltd.
Share price: Rs. 83/- per share
Sector: Renewable Energy
Market Cap: 1.13 Trillion (INR)
Why Buy? : Suzlon Energy is operating in the wind energy segment and is one of the key players in this segment. Given that the Indian government is trying to significantly alter the country’s dependence on conventional carbon based sources of energy, a demand for clean technology is anticipated. One of the main achievements that have been realized at Suzlon is the ability to lower its debt levels which has increased investor confidence. Today the world is moving towards reduction of carbon emission; Suzlon in particular has the likelihood of experiencing growth of its stock in the future.
2. AllCargo Logistics Ltd.
Share Price: Rs. 68.70/- per share
Sector: Logistics
Market Cap: 67.41 Billion (INR)
Why Buy? : Allcargo Logistics Limited is one of India’s leading integrated logistics companies offering a host of services and solutions that include multimodal transport operations, computerized container freight stations, project logistics and supply chain solutions. Since it comes under the class of world’s most popular trading companies in the world, the movements of its stock prices depend on operations and expansions in other countries and the global trends in the business world. Technology and acquisitions have formed the basis of Allcargo’s strategic investments that have enhanced the company’s market standing. The growth is a focus of attention in the company’s shares, especially thanks to the growing international trade and the need for effective solutions in logistics, making it an important actor in the stock exchange.
3. Shree Renuka Sugars Ltd.
Share price: Rs. 46.69/- per share
Sector: Sugar
Market Cap: 99.17 Billion (INR)
Why Buy?: A prominent Indian sugar company is Renuka Sugars which has its shares traded under the Ticker RENUKA The company’s shares can often attract user attention owing to its involvement in the production of sugar, ethanol production, and power generation from renewable resources. This performance affects stock based on some factors that include but are not limited to the international sugar prices, local demand, government measures regarding ethanol mixtures, and export limits. As cyclical, it has its share price movements relating to sugarcane production and monsoon related conditions. It is a strategic play which most investors view based on the trend of agricultural production and renewable energy sectors.
4. Tamilnadu Petroproducts Ltd.
Share Price: Rs. 97.30 per share
Sector: Petro-Chemical
Market Cap: 8.76 Billion (INR)
why buy ? Tamilnadu Petroproducts Limited abbreviated as TPL is based in Chennai situated in India and is involved in Chemical manufacturing industry and is famous for the manufacturing of petrochemical products include Linear Alkyl Benzene (LAB) the primary constituent of Detergent and Caustic Soda. TPL is one of the leading companies in the Indian petrochemical industry. It has received attention regarding its stock performance because of its sound financial growth, leading market share and systematic organic expansion. Market investors track the company’s share to determine the stock for its long-term revaluation prospects with reference to fluctuating raw material costs, demand for petroleum and petrochemical products, and universal market sentiments for chemicals.
5. Easemytrip Ltd.
Share Price: Rs. 41.89/-
Sector: Tourism
Market Cap: 74.46 Billion (INR)
Why Buy? EaseMyTrip is an India based travel management company which deals in service sectors such as product and services. Core services in this category embrace airline ticketing, car rental services, accommodation, vacation, bus and railway ticketing. Other services that are offered by the company include insurance, visa arrangements and booking of cars for hire. In the recent past, EaseMyTrip has been able to capture a larger market share by offering to work under a no commission no fee environment, affordant prices and more importantly an easy to use interface. While it has a vast market share in the domestic travel space that is expanding in an international market as well; they have established a strong position in the Indian travel market.
6. SEPC Ltd.
Share price: Rs. 31.32/- per share
Sector: Infrastructure and Engineering
Market Cap: 50.82 Billion (INR)
Why Invest? SEPC Ltd. ( formerly Shriram EPC Ltd. ) is a large integrated Engineering & Construction Company in India based out of Navi Mumbai and is in the business of executing Turnkey projects for Water, Renewable Energy and Infrastructure Sectors. Being an Indian based company, its shares are listed in Indian stock exchanges and have fluctuating performance attributed to factors such as; financial reorganization and unsteadiness within the industry. Generally, the investors evaluate SEPC Ltd. to identify whether there are signs of further expansion in the infrastructure industry and possibility to obtain new projects. Analyzing the various factors that define share prices, one realizes that they are subjected to the earnings of a certain company, the size of the order book and the general market condition. It means that the prospective investors should take into account financial factors and certain tendencies of sectors.
7. Trident Ltd.
Share Price: Rs. 35.68/-
Sector: Textile and Paper
Market Cap: 183.57 Billion (INR)
Why Invest? Trident Ltd. was established in India as a textile and paper company which specialized in the production of towels, bed linen and yarn. They are listed on of the major stock exchanges in India namely the National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE). Export market is fairly stable while Trident has exhibited constant growth particularly in the textile sector. It however boasts of profitable dividends, low leverage, and operational excellence that capture the attention of investors. However, it has some issues in common with the other textile companies which include volatility of raw materials price and changes in global demand. It is affected by the policies and economic systems of its domestic market as well as international trade hence becoming a favorite of long-term traders.
8. UCO Bank
Share Price: Rs. 48.06/-
Sector: Banking
Market Cap: 585.12 Billion (INR)
Why Invest? UCO Bank is a Public Sector India Bank which is listed in Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). Its share price has.blational movement which depends on the general market situation, quarterly performance, government intervention, and performance within the relevant sector. Interest rates, NPAs, and banking reforms affecting PSU bank, UCO Bank has changes in its stock prices. The overall financial health of the bank and the performance to the expected benchmarks in terms of profitability, soundness of the portfolio and adequacy of capital are important to the investors. It has the capability of growth if it enhances the operation efficiency and quality of the asset.
9. Motherson Sumi Wiring India Ltd.
Share Price: Rs. 68.49/- per share
Sector: Wiring and Engineering
Market Cap: 308.15 Billion (INR)
Why Invest? MSWIL is one of the largest Automotive wiring harness manufacturing companies situated in India which provides necessary and essential products to automotive giants of the world. Wiring harnesses and electricals are some of the main products this company deals in, products that are fundamental when building automobiles. In the Indian context, MSWIL Ltd holds a significant position in the auto components industry and the stocks of the company are quite liquid as these are listed with stock exchanges of India. In terms of outlook, a clear emphasis on innovation and product diversification paired with a strong global partnership make the company fit for new growth in the constantly changing automotive market.
10. GMR Airports Infra Ltd.
Share Price: Rs. 93.98/- per share
Sector: Infrastructure
Market Cap: 1.01 Trillion (INR)
Why Invest? GMR Airports Infrastructure Ltd. is one of the most significant companies that provide services of airport constructions and management, and it has airports across India and in the international territory. For the extended period of analysis, stock price has not been stable due to the sentiment relating to the aviation industry’s reopening after COVID-19. As having stakes in airports like Delhi and Hyderabad and future prospects involving international markets, the growth of GMR depends with the growth in air traffic and investments on infrastructures. In this regard, the stock may be volatile depending on the existing or emerging regulatory policies, fuel prices, and the global economic status. There seems to be speculation that long-term Investors in GMR Airport Infra shares are willing to take certain risks in the anticipation that there would be a small percentage improvement in value in the infrastructure and aviation industries.
Best Stocks To Buy Today Under 100 RS
| SI No. | Company Name | Share Price | Market Cap (in INR) | Sector |
| 1 | Suzlon Energy Ltd. | Rs. 83/- | 1.30 Trillion | Renewable Energy |
| 2 | Allcargo Logistics Ltd. | Rs. 68.70/- | 67.41 Billion | Transportation and Logistics |
| 3 | Shri Renuka Sugars Ltd. | Rs. 46.69/- | 99.17 Billion | Sugar |
| 4 | Tamilnadu Petroproducts Ltd. | Rs.97.30/- | 8.76 Billion | Petro Chemical |
| 5 | Easemytrip Ltd. | Rs. 41.89/- | 74.46 Billion | Tourism |
| 6 | SEPC Ltd. | Rs. 31.32/- | 50.82 Billion | Infra and Engineering |
| 7 | Trident Ltd. | Rs. 35.68/- | 183.57 Billion | Textile and Paper |
| 8 | UCO Bank Ltd. | Rs. 48.06/- | 585.12 Billion | Banking |
| 9 | Motherson Sumi Wiring India Ltd. | Rs. 68.69/- | 308.15 Billion | Electrical and Engineerig |
| 10 | GMR Airport Infrastructure Ltd. | Rs. 93.98/- | 1.01 Trillion | Infrastructure and Operation |
Conclusion
That stocks have been initially priced below 100 rupees can make them quite interesting investment tools particularly to the new and low risk takers. It is usually associated with any stocks belonging to low profile companies or industries which might in fact hold promising growth prospects. But, they are associated with higher risks such as high risk, they have low liquidity and there is limited information available on them as compared to the blue-chip stocks.
Equity holders should do their homework when it comes to such investments, this means we have to look at aspects such as the financial position of the firm, quality of management and the prospects of the sector in question. Investing in a number of stocks at this price level is a good idea because performance of low priced stocks tends to fluctuate.
It is however possible to find stocks trading below 100 rupees and double their value within a short span especially if the associated company records improved fortunes or if market conditions improve. But ‘gaming the system’ or ‘chasing quarterly profits’ is not the goal that should be aimed. Retail investors in particular should therefore look at these opportunities from a long term horizon, recognizing the fact that most of them will pay off based on the exercise of patience and careful analysis.
Lastly, it must be said that stocks below 100 rupees can be quite tempting for the investors in search of ‘something cheap’ for the rupee, but such stocks should always be picked carefully and with due regard to risk management.
Also Read : Best Chemical Stocks in India
FAQ'S
Which are the best stocks to buy today under 100 RS ?
There are a lot of good listed stocks under 100 rs Some are:
Suzlon Energy
Allcargo Logistics
Motherson & Many more..
Best Government Companies share under 100 rupees?
There are many government company stocks listed under 100 rs Some are:
UCO Bank
NHPC
Central Bank of India
Should we buy shares under 100 rupees?
It does not always mean that stocks under 100 rupees are low quality. Some really good shares are there under 100 rupees with good market hold. We must consider every aspect before buying these shares.
What is penny stock?
Penny stocks are stocks of small publicly traded companies listed on stock exchanges mostly under Rs. 30. Being low on liquidity, penny stocks could be quite risky to invest in.
