- 15 Jan 2025
- 3 mins read
- By: BlinkX Research Team
Here is a comprehensive list of NSE/BSE penny stocks priced under 20 Rs, sorted by market capitalization. These stocks are generally low-cost and often represent small or emerging companies. While they present opportunities for competitive returns, they also come with potential risks.
Stocks under 20 Rs
Stock Name | Segment | CMP ₹ (15th Jan 2025) | Market Cap in Cr ₹ (15th Jan 2025) | P/E Ratio | 52 Week High | 52 Week Low |
---|---|---|---|---|---|---|
Vodafone Idea Ltd | Telecommunication - Service Provider | 8.76 | 57,572 | -2.03 | 19.18 | 6.61 |
Yes Bank Ltd | Banks | 17.97 | 56,557 | 31.65 | 32.85 | 17.06 |
Jaiprakash Power Ventures Ltd | Power Generation/Distribution | 16.29 | 11,226 | 8.67 | 24.00 | 14.35 |
PC Jeweller Ltd | Diamond & Jewellery | 14.87 | 7,999 | 493.67 | 19.30 | 4.41 |
RattanIndia Power Ltd | Power Generation/Distribution | 11.96 | 6,444 | 0.63 | 21.10 | 7.90 |
Easy Trip Planners Ltd | Hospitality | 14.11 | 5,100 | 57.56 | 27.00 | 13.94 |
SEPC Ltd | Infrastructure | 18.45 | 2,916 | 133.21 | 33.45 | 14.94 |
Hathway Cable & Datacom Ltd | Cable & D2H | 14.99 | 2,701 | 26.77 | 27.95 | 14.10 |
GTL Infrastructure Ltd | Telecom | 1.90 | 2,510 | -3.06 | 4.33 | 1.45 |
Salasar Techno Engineering Ltd | Capital Goods | 12.96 | 2,234 | 41.74 | 33.95 | 11.65 |
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
- Stocks under 20 Rs
- An Overview of Stocks Under 20 Rs
- Factors To Consider Before Investing in Shares under ₹20
- Advantages of Investing in stocks below ₹20
- Risks of Investing in the Stocks Under ₹20
An Overview of Stocks Under 20 Rs
Vodafone Idea Ltd
Vodafone Idea Ltd is one of India’s leading telecom service providers, formed from the merger of Vodafone India and Idea Cellular. It offers mobile voice, data services, and various digital solutions to millions of subscribers across the country.
Get more details about Vodafone Idea Ltd share price today here.
Know the Vodafone Idea Ltd share price history here.
Yes Bank Ltd
Yes Bank is a private sector bank in India that offers a wide range of banking services, including retail, corporate, and investment banking. Founded in 2004, it has grown to become one of the prominent financial institutions in India. The bank focuses on delivering innovative digital banking solutions.
Get more details about Yes Bank Ltd share price today here.
Know the Yes Bank Ltd share price history here.
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.
PC Jeweller Ltd
PC Jeweller Ltd is an Indian retail jewellery brand that designs, manufactures, and sells gold, diamond, and other precious metal jewellery. Established in 2005, the company operates through a network of stores across India. It is known for offering high-quality, value-for-money jewellery products.
Get more details about PC Jeweller Ltd share price today here.
Know the PC Jeweller Ltd 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.
Easy Trip Planners Ltd
Easy Trip Planners Ltd is an Indian travel services provider, primarily offering flight booking, hotel reservations, and holiday packages. Founded in 2008, the company operates under the brand name "EasyMyTrip." It has gained popularity for its competitive pricing and customer-centric services in the travel sector.
Get more details about Easy Trip Planners Ltd share price today here.
Know the Easy Trip Planners Ltd share price history here
SEPC Ltd
SEPC Ltd is a leading provider of innovative engineering solutions in the power, infrastructure, and industrial sectors. Specializing in design, procurement, construction, and maintenance, SEPC delivers comprehensive services to meet global energy demands. The company focuses on sustainable growth and cutting-edge technologies to support its clients' evolving needs.
Get more details about SEPC Ltd share price today here.
Know the SEPC 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.
GTL Infrastructure Ltd
GTL Infrastructure Ltd is a leading telecom infrastructure company in India, specializing in providing passive infrastructure services to telecom operators. Established in 2004, it offers services like tower management and maintenance across the country
Get more details about GTL Infrastructure Ltd share price today here.
Know the GTL Infrastructure Ltd share price history here.
Salasar Techno Engineering Ltd
Salasar Techno Engineering Ltd is a prominent player in the manufacturing and engineering services sector, offering a wide range of products and solutions in structural steel fabrication, transmission line towers, and substation structures. With a strong emphasis on quality and reliability, Salasar serves industries like power, telecom, and infrastructure.
Get more details about Salasar Techno Engineering Ltd share price today here.
Know the Salasar Techno Engineering Ltd share price history here.
Factors To Consider Before Investing in Shares under ₹20
Here are some factors that you should consider before investing in shares under ₹20:
- 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.
- Market circumstances: It should be considered before investing in any stock. Research current market trends, rivals, industry trends, and economic circumstances.
- 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.
- 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.
- 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 stocks below ₹20
Investing in companies under ₹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 ₹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 fulfill 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.
FAQs on Best Stocks to Invest Under Rs.20 in 2024
Related Blogs
Recent Blogs
Press Release
- 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
- BlinkX Launches Gen AI Lab & GPT-Equivalent BlinkX Insights For Stock Broking Industry