Looking for stocks under 500 in India? Here are some great opportunities that might fit your budget! Whether you are a beginner or a seasoned investor, these stocks could offer potential growth. Do your research and keep an eye on market trends. So, what’s your top pick from the list?
You may also want to know about Stocks Under 10 Rupees in India
List of Best Stocks Under 500 Rs
| Stock Name | Segment | CMP (6th August 2025) | Market Cap in Cr (6th August 2025) | PE Ratio | 52 Week High | 52 Week Low |
|---|---|---|---|---|---|---|
| ITC Ltd | Finance - NBFC | 411.10 | 5,18,541 | 14.86 | 499.96 | 390.15 |
| NTPC Ltd | Power Generation/Distribution | 334.20 | 3,23,384 | 13.50 | 448.45 | 292.80 |
| Oil and Natural Gas Corporation Ltd | Oil Exploration and Production | 234.40 | 2,95,008 | 8.14 | 345.00 | 205.00 |
| Eternal Ltd | E-Commerce | 297.00 | 2,91,489 | 974.35 | 314.45 | 194.80 |
| Bharat Electronics Ltd | Aerospace & Defence | 388.00 | 2,82,523 | 51.40 | 436.00 | 240.25 |
| Power Grid Corporation of India Ltd | Power Generation/Distribution | 286.10 | 2,65,951 | 17.24 | 366.25 | 247.30 |
| Wipro Ltd | Software & IT Services | 241.03 | 2,57,772 | 19.15 | 324.60 | 228.00 |
| Coal India Ltd | Coal | 377.00 | 2,33,937 | 7.06 | 543.55 | 349.25 |
| Jio Financial Services Ltd | Finance | 326.60 | 2,11,437 | 130.00 | 363.00 | 198.65 |
| Indian Oil Corporation Ltd | Oil & Gas | 141.90 | 1,99,604 | 14.68 | 184.00 | 110.72 |
* The values for share price, market cap, 52-week high, and 52-week low are in rupees.
Disclaimer: The information provided on the above stocks is for informational purposes only. It is crucial to conduct thorough research before making any investment decisions regarding these stocks. We do not recommend trading any stocks without comprehensive research and professional financial advice. Always consult with a certified financial advisor to ensure informed and appropriate investment choices.
Table of Contents
Top Stocks Under Rs 500
Below is the overview of top stocks under 500.
ITC Ltd
Founded in 1910, ITC Limited is an Indian multinational conglomerate with diverse operations in FMCG, hotels, paperboards, agri-business, and IT. Known for brands like Aashirvaad and Sunfeast, ITC focuses on sustainability and rural development.
Get more details about ITC Ltd share price today here.
Know the ITC Ltd share price history here
NTPC Ltd
NTPC Ltd, or National Thermal Power Corporation, is India's largest power generation company, established in 1975. It primarily generates electricity through thermal, hydro, and renewable energy sources, playing a crucial role in meeting the country’s energy needs. NTPC is committed to sustainable practices and reducing its carbon footprint.
Get more details about NTPC Ltd share price today here.
Know the NTPC Ltd share price history here.
Oil and Natural Gas Corporation Ltd
Oil and Natural Gas Corporation Ltd. (ONGC) is a state-owned oil and gas exploration and production company, founded in 1956. It is the largest producer of crude oil and natural gas in India and plays a vital role in the country’s energy security. ONGC is also involved in renewable energy initiatives to diversify its portfolio.
Get more details about Oil and Natural Gas Corporation Ltd share price today here.
Know the Oil and Natural Gas Corporation Ltd share price history here.
Eternal (Zomato) Limited
Zomato Ltd is a leading food delivery and restaurant discovery platform, founded in 2008 in India. It connects customers with local restaurants, offering online food ordering, reviews, and restaurant listings. Zomato aims to enhance the dining experience while expanding its services globally.
Get more details about Zomato Limited share price today here.
Know the Zomato Limited share price history here.
Bharat Electronics Ltd
Bharat Electronics Ltd. (BEL) is a state-owned aerospace and defense company established in 1954. It specializes in manufacturing advanced electronic products and systems for defense and civilian applications. BEL plays a key role in enhancing India’s defense capabilities and technological advancements.
Get more details about Bharat Electronics Ltd share price today here.
Know the Bharat Electronics Ltd share price history here.
Power Grid Corporation of India Ltd
Power Grid Corporation of India Ltd. is a government-owned corporation responsible for transmitting electricity across India. Established in 1989, it operates the country’s largest transmission network, ensuring a reliable power supply. The company also invests in technology and infrastructure to enhance grid efficiency and stability.
Get more details about Power Grid Corporation of India Ltd share price today here.
Know the Power Grid Corporation of India Ltd share price history here.
Wipro Ltd
Wipro Ltd is a global information technology, consulting, and business process services company headquartered in India. It provides a wide range of services including software development, IT consulting, cloud solutions, and cybersecurity to clients across various industries.
Get more details about Wipro Ltd share price today here.
Know the Wipro Ltd share price history here.
Coal India Ltd
Coal India Ltd is a state-owned coal mining company and the largest producer of coal in India. It operates multiple coal mines across the country, supplying fuel to power plants and various industries. The company plays a crucial role in meeting India's energy demands and supporting economic growth.
Get more details about Coal India Ltd share price today here.
Know the Coal India Ltd share price history here.
Jio Financial Services Ltd
Jio Financial Services Ltd is India's financial services sector rising star, created out of India’s Reliance Group. Digital-first financial products apart, the company aims to disrupt Indians’ experience of banking, loans, and insurance. Well-backed and visionarially led, Jio Financial Services is positioned to define India’s future of fintech.
Get more details about Jio Financial Service Ltd share price today here.
Know the Jio Financial Service Ltd share price history here.
Indian Oil Corporation Ltd
Indian Oil Corporation Ltd. (IOCL) is India's largest oil refining and marketing company, headquartered in New Delhi. It operates in the production, distribution, and retail of petroleum products, including fuels and lubricants. IOCL is a key player in the country's energy sector, with a strong presence in both domestic and international markets.
Get more details about Indian Oil Corporation Ltd share price today here.
Know the Indian Oil Corporation Ltd share price history here.
What are the Benefits of Investing in Stocks Under 500 Rs?
Investing in best stocks under 500 can offer several benefits, especially for beginners or those looking to start small. Here are five advantages:
Affordability: Stocks under 500 are budget-friendly, making it easier for new investors to start without needing a large sum of money.
Diversification: You can buy shares of multiple companies with smaller amounts, helping to spread risk across different industries or sectors.
Potential for Growth: Many lower-priced stocks have high growth potential, offering opportunities for significant returns if the company performs well.
Learning Opportunity: Investing in affordable stocks allows beginners to understand market trends and develop their skills without risking too much capital.
Compounding Returns: Small investments in stocks can grow over time due to the power of compounding, increasing the value of your portfolio in the long run.
What are the Risks Associated with Stocks Under 500 Rs?
Below are the risks associated with best stocks under 500 Rs:
Volatility: Stocks under 500 Rs tend to be more volatile, meaning their prices can fluctuate wildly in a short time, leading to potential losses.
Lower Liquidity: These stocks might not have as much trading volume, making it harder to buy or sell without impacting the price.
Speculative Nature: Many low-priced stocks are subject to speculative trading, making them more vulnerable to market manipulation or sudden price swings.
Company Stability: Stocks under 500 Rs may belong to smaller or financially weaker companies, which can have higher risks of bankruptcy or poor performance.
Limited Information: There is often less research and analyst coverage for these stocks, making it harder for investors to make informed decisions.
How to Choose Best Stocks Under 500 Rs?
Choosing best stocks under 500 Rs can be a great way to invest without breaking the bank. The information below will help you choose stocks under Rs 500.
Look for Strong Fundamentals: Focus on companies with solid financial health, including stable revenue growth, low debt, and good profit margins. You can check key financial ratios like P/E (Price-to-Earnings) and P/B (Price-to-Book).
Analyze Industry and Growth Potential: Choose companies in industries that show growth potential, like tech, renewable energy, or pharmaceuticals. Look for stocks that could benefit from long-term trends.
Check for Consistency in Earnings: Focus on stocks with consistent earnings growth over the past few years. This shows that the company has a stable and reliable business model.
Assess the Stock's Valuation: Even if the stock is under ₹500, make sure it is not overvalued. Compare its current price with its earnings, book value, and growth prospects to see if it's a good deal.
Look for Dividends or Buyback Potential: Stocks that offer dividends or have a history of share buybacks can provide additional returns apart from price appreciation. This is especially valuable for long-term investors.
Who Can Invest in Stocks Under 500 Rs?
Investing in stocks with a budget of under 500 Rs is possible, though it requires understanding certain factors.:
Retail Investors: Any individual investor can invest in stocks under 500 Rs through a stockbroker or trading platform, regardless of their income or financial background.
Small Investors: People with limited capital or savings can also invest in stocks priced under 500 Rs, as these stocks are typically affordable compared to higher-priced stocks.
New Investors: Beginners or people new to the stock market might prefer lower-priced stocks (penny stocks) to start their investment journey, as they require less capital upfront.
Institutional Investors: Though institutional investors typically buy large quantities of stocks, they can still invest in low-priced stocks if they find value or opportunities in these stocks.
People Seeking Speculative Opportunities: Individuals who are willing to take higher risks may invest in stocks under 500 Rs, hoping for significant returns if the stock price increases.
.
Conclusion
Overall, these stocks are investing heavily in capital expenditures to boost sales. All of these firms have good balance sheets and return ratios, so their stocks may do well in the long run. If you want to invest in any of them, you should conduct your research and carefully consider your risk-return profile. Finally, for all this, you need a reliable stock market app for your investment needs.
Related Blogs
Recent Blogs
Press Release
- BlinkX launches ItsATraderThing Campaign
- blinkX Introduces 'Options Watchlist' to Empower Traders with Real-Time Insights
- BlinkX Enhances Trading with 24/7 Customer Support Capabilities
- Unlocking Seamless Trading: Introducing “Order Slicing” For The FnO Market
- A Game-Changer for Traders: Introducing Horizontal Watchlists
Top Gainers
FAQs on Stocks less than ₹500
Are stocks under Rs. 500 riskier investments?
Stocks under Rs. 500 can be riskier due to market volatility and lower market capitalization, but careful selection based on strong financial metrics can mitigate some risks.
How can one identify stocks with good growth potential under Rs. 500?
Look for companies with consistent sales growth, high ROE, significant promoter's ownership, a low debt-to-equity ratio, and a high Altman Z Score.
What role does promoter's ownership play in selecting stocks?
Promoter's ownership over 50% signals strong commitment from the founders or major stakeholders, indicating confidence in the company's future prospects and stability.
How important is the debt-to-equity ratio for stocks under Rs. 500?
A favorable debt-to-equity ratio of less than 1 indicates a balanced financial structure, reducing financial risk and enhancing sustainability.
Why is the Altman Z Score important for evaluating stocks?
An Altman Z Score above 3 helps assess bankruptcy risk, providing added confidence in a company's financial stability and reducing the likelihood of future financial distress.
Can stocks under Rs. 500 provide good returns?
Yes, stocks under Rs. 500 can provide good returns if chosen carefully based on strong financial health, growth potential, and favourable ownership and debt metrics.
Are there any mid-cap or small-cap stocks under ₹500 with good growth prospects?
Yes, several companies in this price range show promising potential. A few to consider include:
- Mazagon Dock Shipbuilders – With rising defence contracts, it's gaining investor attention.
- IRFC (Indian Railway Finance Corporation) – Plays a key role in railway financing and is backed by the government.
- Triveni Turbine – Known for its work in power generation and clean energy equipment.
- Bharat Dynamics – A defence stock that could benefit from higher defence spending.
- RVNL (Rail Vikas Nigam Ltd) – Involved in infrastructure development, especially in railways.
Always do your own research or consult a financial advisor before investing.
Which stocks under ₹500 offer steady dividends?
If you’re looking for regular income, here are some companies known for paying dividends:
- Coal India – Known for generous dividends and stable profits.
- Hindustan Zinc – Pays out regularly, especially when commodity prices are strong.
- REC Ltd & PFC Ltd – Both are government-backed and consistent with their payouts.
- NMDC – A PSU in mining that shares a good portion of profits with shareholders.
- Oil India – Offers attractive yields and operates in a relatively stable sector.
Can low-priced stocks turn into multibaggers over time?
Definitely. A stock’s price doesn’t always reflect its future potential. Some of today’s under-₹500 stocks might deliver impressive returns in the coming years if they have:
- A strong business model
- Consistent growth in earnings
- Good financials
- Supportive sector trends
In the past, stocks like Tejas Networks and IRCTC were available under ₹500 before climbing sharply.
