Stocks Under 500 Rupees in India

The stocks under 500 Rs refer to the shares of listed companies that usually trade at relatively low prices, typically below 500 per share. These shares usually belong to small or mid-sized firms with lower market capitalisation. Investors get attracted to share below 500 because of their affordable entry point and the potential for higher returns compared to large-cap stocks. The shares under 500 are selected by filtering listed companies based on their share price being below 500 and then analysing them further to understand their business fundamentals and market behaviour. The criteria used for selecting the best stock under 500 for long term generally include the current share price, market capitalisation, trading volume and liquidity. This article explores the stocks under 500 with the company’s overview.  

List of Stocks Under 500 Rs    

Disclaimer: It is important to conduct research before making any investment decisions in these stocks. We do not recommend buying without thorough research and professional financial advice. Always consult a certified financial advisor to ensure the stocks align with your investment goals and risk tolerance.  

Table of Contents

1. List of Stocks Under 500 Rs    
2. Overview of Stocks Under 500 Rs 

Overview of Stocks Under 500 Rs 

Stocks priced below ₹500 often include established companies. These companies operate across key sectors of the Indian economy. The sectors include power, oil and gas, financial services, defence, and information technology. Many of these companies have long operating histories. They also follow diversified business models. Below is a brief overview of selected stocks under ₹500. 

1. ITC Ltd 
   ITC Ltd was incorporated in 1910. The company operates as a diversified conglomerate and it has a strong presence in the FMCG segment. It is also present in hotels, paperboards, and packaging. The company operates in agribusiness as well. Its business model focuses on branded consumer products, and these products are supported by integrated supply chains. 
    
2. NTPC Ltd 
   NTPC Ltd was incorporated in 1975. The company operates in the power generation and distribution sector. It generates electricity at a large scale, and it also uses hydro, solar, and wind energy. The company supplies electricity to state utilities and its operations cover regions across India. 
    
3. Oil and Natural Gas Corporation Ltd 
   ONGC was incorporated in 1956. The company operates in the oil exploration and production segment. It is engaged in crude oil exploration and focuses on natural gas exploration. The company undertakes development activities. It is involved in the production of oil and gas. 
    
4. Bharat Electronics Ltd 
   Bharat Electronics Ltd was incorporated in 1954 and operates in the aerospace and defence sector. Its business model focuses on designing, manufacturing, and supplying electronic systems and equipment primarily for defense and strategic applications. 
    
5. Eternal Ltd 
   Eternal Ltd was incorporated in 2010. The company operates in the e-commerce sector. It follows a platform-based business model, and the company also helps in online commerce. It connects consumers with merchants and links all the service providers through digital platforms. Technology-driven marketplaces support these operations. 
    
6. Coal India Ltd 
   Coal India Ltd was incorporated in 1975. The company operates in the coal mining sector and is engaged in coal production activities. Coal is supplied to the power industry. The company also supplies coal to steel producers, and the cement industry is another key customer. Coal India supports a large share of India’s energy needs. 
    
7. Power Grid Corporation of India Ltd 
   Power Grid Corporation of India Ltd was incorporated in 1989 and operates in the power transmission segment. The company’s business model is centered on owning, operating, and maintaining interstate power transmission networks across the country. 
    
8. Wipro Ltd 
   Wipro Ltd was incorporated in 1945 and operates in the software and IT services sector. Its business model includes IT consulting, digital transformation, cloud services, and enterprise technology solutions for global clients. 
    
9. Indian Oil Corporation Ltd 
   Indian Oil Corporation Ltd was incorporated in 1959 and operates in the oil and gas sector. The company’s business model spans refining, pipeline transportation, and marketing of petroleum products across domestic and international markets. 
    
10. Jio Financial Services Ltd 
    Jio Financial Services Ltd was incorporated in 1999. The company operates in the financial services sector. It focuses on digital-led financial offerings, and it also provides lending solutions. It is active in payment services, and all the technology platforms support its operations. The company delivers integrated financial solutions.