Stocks Under 20 Rupees in India
In India, the stocks under 20 Rs refer to the shares of listed companies that usually trade at a low price, generally below 20 Rs per share. Investors prefer these stocks because of their low entry cost and the potential for high returns. However, these shares carry high risk due to market volatility and liquidity issues. The shares under 20 Rs are selected by filtering out the companies based on the current share price being under rupees 20. The selection criteria include market capitalisation, average trading volume, liquidity, basic financial performance such as revenue trends and debt levels, and any recent corporate announcements or sector developments. This article explores the list of stocks under 20 rupees.
List of Stocks Under ₹20 in India
The following is the list of stocks under 20 rupees:
Stock Name | Segment | CMP ₹
| Market Cap in Cr ₹ | P/E Ratio | 52-Week High | 52-Week Low |
| Vodafone Idea Ltd | Telecom | 11.37 | 1,22,969 | - | 12.80 | 6.12 |
| Jaiprakash Power Ventures Ltd | Power Generation/Distribution | 16.1 | 11,041 | 17.8 | 27.7 | 12.4 |
| PC Jeweller Ltd | Diamond & Jewellery | 10.36 | 8,186 | 12.5 | 19.65 | 8.66 |
| Alok Industries Ltd | Textiles | 16.4 | 8,128 | - | 23.5 | 13.9 |
| Infibeam Avenues Ltd | Software & IT Services | 17.4 | 6,050 | 25.5 | 21.3 | 12.6 |
| RattanIndia Power Ltd | Power Generation/Distribution | 9.08 | 4,903 | 36.2 | 16.92 | 7.88 |
| Easy Trip Planners Ltd | Hospitality | 6.65 | 2,418 | 44.7 | 14 | 6.11 |
| Utkarsh Small Finance Bank Ltd | Banks | 13.2 | 2,354 | - | 27.9 | 13 |
| Brightcom Group Ltd | Software | 10.3 | 2,079 | 2.57 | 22.00 | 7.71 |
| Hathway Cable & Datacom Ltd | Telecom | 11.3 | 1,995 | 18.8 | 18 | 9.91 |
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
Overview of Stocks Under 20 Rs
The shares under 20 Rs belong to small or micro-cap companies that operate across different sectors like telecom, infrastructure, power, and more. Below is an overview of the selected stocks below Rs 20.
- Vodafone Idea Ltd
Vodafone Idea Ltd was founded in 1995. The company mainly operates in the telecom sector. In India, the company provides mobile voice and data services. It functions on a large-scale subscription-based telecom services model.
- Jaiprakash Power Ventures Ltd
Jaiprakash Power Ventures Ltd was founded in 1994. It is a power generation company. The company produces electricity with the help of thermal and hydro power projects. It supplies power to all the state utilities.
- PC Jeweller Ltd
PC Jeweller Ltd was incorporated in 2005. It deals with diamond and jewellery business. This company operates a business model which consists of designing, manufacturing, and selling gold and diamond jewellry.
- Alok Industries Ltd
Alok Industries Ltd was founded in 1986. It is a part of the textiles sector. The company follows an internal business model covering textile manufacturing, including weaving, knitting, processing, and garment production.
- Infibeam Avenues Ltd
Infibeam Avenues Ltd was founded in 2007. The enterprise operates within the software and IT services. This company focuses on digital payment infrastructure, payment gateways and enterprise software solutions.
- Rattan India Power Ltd
Rattan India Power Ltd was founded in 2007. It works for the power generation sector. The company works on producing electricity. This is primarily done through thermal power plants and selling power under long-term agreements.
- Easy Trip Planners Ltd
Easy Trip Planners Ltd was founded in 2008. It operates in hospitality and travel services. The company operates a business model that is online platform based and it provides flight booking, hotel booking and travel based services.
- Utkarsh Small Finance Bank Ltd
Utkarsh Small Finance Bank Ltd was founded in 2016. It mainly operates in the banking sector. It provides basic banking, loans, and deposit services, with a focus on retail and small borrowers.
- Brightcom Group Ltd
Brightcom Group Ltd was established in 1999. The firm deals with software. It is primarily involved in digital advertising, media services, and online marketing solutions based on technology.
- Hathway Cable & Datacom Ltd
Hathway Cable & Datacom Ltd was incorporated in 1995. It operates in the telecom and media distribution sectors. The company’s business model includes cable television distribution and broadband internet services across multiple regions in India.
FAQs on Stocks to Invest Under Rs 20 in 2026
Are stocks under Rs 20 safe investments?
Stocks under Rs 20 are generally considered high-risk as many belong to small-cap or penny stock categories. They may lack strong fundamentals or have volatile price movements. Safety depends on thorough research into the company’s financial health and management.
Can I expect significant returns from stocks under Rs 20?
Yes, significant returns are possible, especially if the company turns around or grows rapidly. However, the chances of loss are equally high due to poor fundamentals or market sentiment. These stocks are more speculative than stable investments.
Should I diversify my investments in stocks under Rs 20?
Diversification can help manage the high risk associated with low-priced stocks. Spreading investments across sectors and companies reduces the impact of any single stock’s poor performance. However, always balance such investments with safer assets.
How long should I hold stocks under Rs 20?
Holding period depends on the company’s growth prospects and market conditions. If the fundamentals improve, it might take 1–3 years or more to see returns. Regularly review performance and exit if the stock fails to show progress.
What are the risks associated with stocks under ₹20?
High Volatility: These stocks can change in price very quickly, often based on rumours or small bits of news, making them unpredictable.
Low Liquidity: Since not many trade these stocks, it can be difficult to find buyers or sellers. This means you might have to accept a worse price just to make a trade.
Lack of Information: Small companies usually don’t get much attention from analysts, so it’s harder to find reliable information to help you decide whether to invest.
Risk of Scams: Cheap stocks, especially penny stocks, can be targets for fraud or price manipulation. That’s why it’s important to do your homework before investing.