Stock to Invest Under Rs.20

The stocks to purchase under ₹20 in 2024 could present significant opportunities for savvy investors. This article explores the stocks available under ₹20 in 2024, focusing on the growth potential of the Indian stock market and the chances of finding high-potential investments at low prices. It highlights why these stocks are appealing to investors, including retail investors. The article will discuss the stocks under ₹20 based on their market capitalization, provide insights into why to invest in them, offer future projections, and analyze the benefits and risks associated with investing in this price range.
 

List of Stocks Under Rs.20 in 2024

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.
 

Overview of Stocks Under Rs.20

Following is the overview of stocks under ₹20 in 2024:

Jaiprakash Power Ventures Limited

Jaiprakash Power Ventures Ltd. is a key player in the Indian energy sector, primarily engaged in the generation of hydroelectric power. With a focus on renewable energy sources, the company operates multiple power plants across the country. It aims to contribute to sustainable development through efficient energy production.

Get more details about Jaiprakash Power Ventures Limited share price today here.

Know the Jaiprakash Power Ventures Limited share price history here.

RattanIndia Power Limited

RattanIndia Power Ltd. is a prominent Indian power generation company that specializes in thermal power projects. With a commitment to innovation and sustainability, the company aims to provide reliable electricity to meet the growing energy demands. It operates power plants equipped with modern technology for enhanced efficiency.

Get more details about RattanIndia Power Ltd share price today here.
Know the RattanIndia Power Ltd share price history here.

Hathway Cable & Datacom Ltd

Hathway Cable & Datacom Ltd is a leading Indian cable television and broadband service provider, offering a wide range of digital TV and high-speed internet solutions. With a focus on enhancing customer experience, the company leverages advanced technology to deliver quality entertainment and connectivity.

Get more details about Hathway Cable & Datacom Ltd share price today here.
Know the Hathway Cable & Datacom Ltd share price history here.

Salasar Techno Engineering Limited

Salasar Techno Engineering Ltd. is an engineering and construction firm that focuses on steel structures and solutions for various sectors, including power, telecom, and infrastructure. The company prides itself on delivering high-quality engineering services and products. It aims to support India's infrastructure development through innovative and sustainable practices.

Get more details about Salasar Techno Engineering Ltd. share price today here.
Know the Salasar Techno Engineering Ltd.share price history here.

Dish TV India Ltd.

Dish TV India Ltd. is a leading direct-to-home (DTH) television service provider, offering a wide range of channels and content to subscribers across India. The company is known for its innovative technology and customer-centric services, making entertainment accessible to millions. Dish TV continuously expands its offerings to enhance viewer experience.

Get more details about Dish TV India Ltd. share price today here.
Know the Dish TV India Ltd.share price history here.

Orient Green Power Company Ltd

Orient Green Power Company Ltd is an Indian renewable energy firm specializing in the development and operation of wind and solar power projects. Established in 2006, the company focuses on sustainable energy solutions to contribute to India’s green energy goals. With a diverse portfolio, it aims to promote environmental responsibility while generating clean energy for a sustainable future.

Get more details about Orient Green Power Company Ltd share price today here.
Know the Orient Green Power Company Ltd share price history here.

Rama Steel Tubes Ltd.

Rama Steel Tubes Ltd. is a manufacturer of steel tubes and pipes, serving various industries including construction, automotive, and furniture. The company is committed to producing high-quality products with stringent quality control measures. With a focus on sustainability, Rama Steel Tubes aims to meet the evolving needs of its clients.

Get more details about Rama Steel Tubes Ltd. share price today here.
Know the Rama Steel Tubes Ltd.share price history here.

Syncom Formulations Ltd.

Syncom Formulations Ltd is a leading pharmaceutical company specializing in the development and manufacturing of high-quality generic formulations. With a commitment to innovation and excellence, it aims to enhance healthcare accessibility globally. 

Get more details about Syncom Formulations Ltd share price today here.
Know the Syncom Formulations Ltd share price history here.
 

India Power Corporation Ltd.

India Power Corporation Ltd. is an integrated power utility engaged in the generation, transmission, and distribution of electricity in India. The company focuses on providing reliable and efficient energy solutions to meet the growing demand in its operational regions.

Get more details about India Power Corporation Ltd share price today here.
Know the India Power Corporation Ltd share price history here.

Mishtann Foods Ltd.

Mishtann Foods Ltd. is a leading player in the agro-food processing sector, specializing in the production and distribution of a variety of food products, including rice and pulses. Committed to quality and sustainability, the company aims to enhance the agricultural supply chain while promoting healthy eating habits.

Get more details about Mishtann Foods Ltd share price today here.
Know the Mishtann Foods Ltd share price history here.
 

Factors To Consider Before Investing in Shares under Rs.20

Here are some factors that you should consider before investing in shares under Rs.20:

1. Company basics: The first factor to analyze is the company's financial health and fundamentals. Look for organizations with a solid financial sheet, solid revenue growth, and a bright future.
2. Market circumstances: It should be considered before investing in any stock. Research current market trends, rivals, industry trends, and economic circumstances.
3. Risk appetite: Investing in equities under ₹20 might be dangerous due to their high volatility. So, before making any investment, you should consider your risk tolerance and investing objectives.
4. Diversify portfolio: Diversification is essential in every investing portfolio. Invest in a diverse range of equities from various sectors and businesses to reduce risk and increase rewards.
5. Long-term investment: Investing in equities under ₹20 takes a long-term approach. The stock price may change in the near term, but if you have a longer time horizon, the stock has the potential to expand and provide larger profits.
    

Advantages of Investing in the Rs.20 Stocks

Investing in companies valued below ₹20 might provide various advantages, including:

• Affordability: These equities are often seen as inexpensive, allowing investors with little funds to engage in the stock market. This accessibility allows people to construct a diverse financial portfolio.
• Higher Volatility: equities priced below ₹20 are more volatile than higher-priced equities. While volatility can be risky, it also provides possibilities for possibly larger rewards. Investors who are ready to accept short-term price swings may benefit from the potential for large returns over time.
• Increased Liquidity: Stocks priced below ₹20 may also get attention from regular investors and traders seeking market opportunities. Increased trading activity can help to improve liquidity in certain equities, allowing investors to purchase and sell shares more readily.
   

Risks of Investing in the Stocks Under Rs. 20

Investing in the top gainers' shares for less than ₹20 may have substantial constraints. Let's look at some of them.

• Limited Information: Companies with stock prices less than ₹20 may not consistently publish appropriate information about their financial health and activities, potentially leading to investment decisions based on inadequate facts.
• Risk of Delisting: Companies with continuously low share prices are at a higher risk of delisting because they may fail to fulfil stock exchange minimum price standards.
• Susceptibility to Market Sentiment: Best stocks under ₹20 may be more vulnerable to market sentiment and speculative trading, resulting in unpredictable stock price changes unrelated to the company's fundamentals.
   

Conclusion 
The stock market is volatile and unpredictable, requiring careful research and understanding of market dynamics. Investing in ₹20 stocks can be risky due to their association with small or emerging companies with limited track records. Consult a financial advisor before investing, and open a free Demat account with a reliable stock market app to explore various stocks in the market.