Stocks Under 100 Rs - List of Best Stocks Below Rs 100
02 May 2026
4 mins read
Many retail investors are using stocks priced under 100 Rs as an investment strategy to invest less money and still create a diversified portfolio of investments.
Although stocks under 100 Rs could have significant upside over time, you must still perform a thorough analysis of the company's fundamentals before investing to maximise your potential profits in the long run.
You may also want to know about Stocks Under 10 Rupees in India
List of Stocks Under 100 Rs
Stock Name | Segment | CMP ₹ (2nd May 2026) | Market Cap in Cr ₹ (2nd May 2026) | P/E Ratio | 52 Week High | 52 Week Low |
|---|---|---|---|---|---|---|
Transport Infrastructure | 99.01 | 1,00,236 | -558.41 | 110.36 | 79.92 | |
Telecommunication - Service Provider | 9.44 | 1,00,236 | -4.08 | 12.80 | 6.12 | |
Banks | 74.39 | 79,428 | 8.52 | 118.38 | 61.01 | |
Power Generation/Distribution
| 80.58 | 78,000 | 21.75 | 92.34 | 71.62 | |
Metals & Mining | 87.17 | 75,434 | 10.93 | 87.97 | 62.00 | |
Finance | 89.00 | 70,833 | 28.62 | 136.96 | 72.65 | |
Bank - Public | 35.08 | 66,397 | 13.42 | 42.80 | 31.20 | |
Electric Equipment | 49.13 | 62,376 | 19.35 | 74.30 | 38.19 | |
Banks | 19.36 | 59,246 | 18.69 | 24.30 | 17.20 | |
Banks | 67.58 | 50,421 | 38.84 | 78.45 | 52.46 |
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
Overview of the Top Stocks Under 100 in India
GMR Airports Infrastructure Ltd
GMR Airports Infrastructure Limited (previously GMR Infrastructure) is one of the top developers and operators of airports on a global scale. GMR Airports Infrastructure Limited develops and operates world-class aviation infrastructure using the hub-and-spoke model.
Get more details about the GMR Airports Infrastructure Limited share price today here.
Know the GMR Airports Infrastructure Limited share price history here.
Vodafone Idea Ltd
Vodafone Idea Ltd, branded as Vi, is one of India’s largest telecom operators, formed through the merger of Vodafone India and Idea Cellular in 2018. It provides mobile services, broadband, and digital solutions across India, offering 4G, VoLTE, and IoT services.
Get more details about Vodafone Idea Ltd share price today here.
Know the Vodafone Idea Ltd share price history here.
IDBI Bank Ltd
IDBI Bank Ltd is a government-owned financial institution in India offering a wide range of banking and financial services. It caters to retail, corporate, and institutional customers through its extensive branch network and digital platforms.
Get more details about IDBI Bank Ltd share price today here.
Know the IDBI Bank Ltd share price history here.
NHPC Ltd
NHPC Ltd, or National Hydroelectric Power Corporation, is a government-owned company established in 1975, focused on developing hydroelectric projects. It aims to promote renewable energy and contribute to India's energy security while ensuring sustainable environmental practices.
Get more details about NHPC Ltd share price today here.
Know the NHPC Ltd share price history here.
NMDC Ltd
The National Mineral Development Corporation (NMDC) Ltd is a state-owned mineral producer primarily engaged in iron ore mining. Founded in 1958, the company also produces other minerals like limestone and diamonds. NMDC operates mines in various locations, contributing significantly to India's mineral industry.
Get more details about NMDC Ltd share price today here.
Know the NMDC Ltd share price history here.
Bajaj Housing Finance Ltd
Bajaj Housing Finance Ltd is one of the leading NBFCs (HFCs) in India and a 100% subsidiary of Bajaj Finance. It focuses exclusively on providing customized financing options to meet the needs of the real estate industry.
Get more details about the Bajaj Housing Finance Ltd share price today here.
Know the Bajaj Housing Finance Ltd share price history here.
Indian Overseas Bank
Indian Overseas Bank is a major public sector bank in India, established in 1937. It offers a wide range of banking and financial services, including retail and corporate banking, to customers across the country and internationally.
Get more details about Indian Overseas Bank share price today here.
Know the Indian Overseas Bank share price history here.
Suzlon Energy Ltd
Suzlon Energy Ltd is a leading renewable energy company in India, specializing in wind power solutions. Founded in 1995, it designs, manufactures, and installs wind turbines, contributing significantly to sustainable energy development. The company aims to provide innovative energy solutions globally.
Get more details about Suzlon Energy Ltd share price today here.
Know the Suzlon Energy Ltd share price history here.
Yes Bank Ltd
Yes Bank Ltd is a leading private-sector bank in India, offering a range of banking products and services, including retail, corporate, and investment banking. Established in 2004, the bank has grown to become one of the top financial institutions in the country.
Get more details about Yes Bank Ltd share price today here.
Know the Yes Bank Ltd share price history here.
IDFC First Bank Ltd
IDFC First Bank Ltd is a private sector bank in India, offering a wide range of financial services, including retail and corporate banking solutions. It was formed through the merger of IDFC Bank and Capital First in 2018, focusing on customer-centric banking and digital innovation.
Get more details about IDFC First Bank Ltd share price today here.
Know the IDFC First Bank Ltd share price history here.
How to Invest in Stocks Under 100?
To help you understand how to effectively invest in low-priced stocks and also find the best stocks under 100 Rs for long-term stock growth and stock growth for 2026, check out this informative article.
Finding the Best Companies (Avoiding Penny Traps) – Many stocks are priced under 100 Rs due to poor management and/or high debt. To find the best companies in this price range, you should be using a bottom-up approach where you evaluate the companies based on their revenue growth and cash flow history as opposed to just their current "cheap" stock price.
Evaluating Financial Ratios: Before making a purchase of any stock, evaluate the current P/E ratio to determine if it is priced too low compared to its peers within the same industry sector, has a Debt to Equity ratio of less than 1, and has a minimum return on equity of 15%.
Finding Growth Industries: Look for sectors of the economy that have a sales backstop from the government and/or have high demand (i.e., Renewable Energy, Infrastructure, and Public Sector Banks). Companies within these industry sectors should have the "moat" needed for long-term sustainability.
Reviewing the Promoter Holdings: High promoter holdings (50% or higher) and no pledge shares indicate the promoter (owner) has confidence in the company's future direction.
What are Stocks Under 100?
Most of the time, stocks that are under ₹100 will be of companies that are either small-cap or mid-cap, but it is worth noting that some large Government-owned companies (Public Sector Undertakings) also fall into this category as well.
Here are the five important things to consider about these stocks:
1. Low Entry Barrier: Since these stocks are priced lower than ₹100, they are available to the average/retail investor or a new investor who wants to start with investing a smaller amount of money.
2. A Wide Variety: There are a variety of different types of stocks available under ₹100, such as high-growth startup companies, companies that have turned around and are now in good shape, and stocks such as NHPC, SJVN, and IDFC First Bank that are fundamentally strong and have been for many years.
3. High Volume Purchases: Investors can also purchase large amounts of shares for a lower price than if the price per share were higher.
4. Potential for Growth: Many companies that have a stock price under ₹100 are in the beginning stages of their growth, and if they are successful in expanding, they could become multibagger stocks through the stock price appreciation.
5. Volatility in the Markets: While these types of stocks can provide the investor with high potential for return, they can also tend to be more volatile and less liquid than "Blue Chips" such as Reliance or TCS.
How to Identify Stocks Under ₹100?
Identifying shares under ₹100 using financial ratios and market indicators:
- Stock Price: Look for stocks trading under ₹100.
- Earnings Per Share (EPS): Evaluate the company's EPS; a higher EPS indicates more earnings per outstanding share.
- Price-to-Earnings (P/E) Ratio: This ratio compares a stock's price to its earnings; a lower P/E ratio may suggest the stock is undervalued.
- Dividend Per Share (DPS): Look for shares under 100 that pay dividends.
- Net Profit Margin: Evaluate the ratio of net profit to revenue; a higher margin indicates efficient cost management and profit generation.
- Debt-to-Equity Ratio: Lower ratios suggest lower debt relative to equity and less risk.
- Current Ratio: A ratio above 1 indicates more assets than liabilities, a positive sign of liquidity and financial health.
Advantages of Investing in Stocks Under 100 in India?
Below are the benefits of buying stocks under Rs 100:
Affordable Entry Point: Stocks under Rs 100 allow investors with a limited budget to enter the market and start building a portfolio without needing a large initial investment.
More Shares for Less Money: You can buy more shares for the same amount of money compared to higher-priced stocks, increasing your exposure to the company and potential for profit.
Diversification: Lower-priced stocks make it easier to diversify your portfolio. With smaller amounts of capital, you can invest in multiple stocks across different sectors, spreading risk.
Potential for Growth: Many stocks under Rs 100 are considered undervalued or are small-cap companies. They may offer significant growth potential if the company performs well over time.
Psychological Advantage: Seeing a stock price under Rs 100 can make it feel less risky and more approachable, which may encourage more people to invest and get involved in the stock market.
What are the Risks of Investing in Stocks Under Rs 100?
Below are the risks associated with stocks under 100 Rs:
Low Liquidity: Stocks under 100 Rs often have lower trading volumes, making it difficult to buy or sell them quickly at desired prices. This can lead to higher price volatility and slippage.
High Volatility: These stocks tend to be more volatile, meaning their prices can fluctuate widely in short periods, which increases the risk of sudden losses.
Speculative Nature: Many low-priced stocks are speculative, meaning they are often driven by rumors or short-term market trends rather than solid fundamentals, which can lead to unpredictable price movements.
Lack of Information: Stocks under 100 Rs might not have extensive research or coverage from analysts, making it harder for investors to make informed decisions, leading to poor investment choices.
Potential for Scams: Some low-priced stocks could be part of "pump and dump" schemes, where the stock's price is artificially inflated before insiders sell off their shares, leaving other investors with losses.
Factors to Consider Before Investing in Stocks Under 100
Choosing stocks under 100 Rs can be a good strategy for budget-conscious investors. Here are five simple steps to help you make informed choices:
Company Fundamentals: Focus on companies with strong financials, good earnings growth, and low debt. Check their quarterly and annual reports for insights on their profitability, cash flow, and overall stability.
Industry Trends: Look for companies in growing sectors, like technology, renewable energy, or healthcare. Industries with long-term potential can offer better returns, even with lower-priced stocks.
Stock Liquidity: Ensure the stock has good liquidity by checking the average trading volume. Stocks with higher liquidity are easier to buy or sell without significant price fluctuations.
Dividend History: Stocks that regularly pay dividends may offer an additional source of income, even if their price remains low. Look for companies with a history of consistent or growing dividend payouts.
Price-to-Earnings (P/E) Ratio: A lower P/E ratio may indicate that the stock is undervalued compared to its earnings. However, consider it with the industry average to ensure it's a fair price.
Who Can Invest in Stocks Under 100 Rs?
Investing in stocks with less than 100 Rs per share is possible for anyone who meets the following criteria:
Retail Investors: Any individual investor can invest in stocks under 100 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 100 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.
Conclusion
Choosing stocks for less than ₹100 might be a smart investment. These companies may present growth prospects when combined with a long-term outlook, diversification, risk awareness, and careful research. In the ever-changing stock market, keep yourself updated and modify your action plan as necessary. Get more insights by opening a Demat account on an online trading app in India.
FAQs on Stocks Under Rs 100
What is the process of buying stocks under Rs 100?
To buy stocks under 100 you should do some research and analysis of companies that have strong growth potential in the future.
Can I buy below Rs 100 share?
Yes, shares can be purchased for less than Rs. 100. Companies whose shares are traded for less than Rs. 100 are listed on several stock exchanges worldwide.
What makes stocks under Rs 100 rupees a good investment?
Stocks under 100 rupees are good investments because they are affordable, provide high returns, and involve low risk.
Does a low share price indicate it's cheap?
No. Several factors affect share price, but the most important one is the number of shares. The number of shares can be calculated by dividing the equity capital by the face value.
What are the risks associated with stocks under 100 rs?
Shares below 100 may carry higher volatility, lower liquidity, and potential financial uncertainty in some companies.
How to identify the stocks under rs.100?
Stocks under 100 can be identified using stock screeners by filtering companies based on share price and reviewing key financial and business metrics.
Which share is best under 100?
Currently, fundamentally strong stocks under 100 Rs like NHPC, IDFC First Bank, and Suzlon Energy are considered top contenders due to their market position. These companies are often viewed as the best stocks under 100 Rs for long-term growth in sectors like green energy and retail banking.
What are the risks associated with investing in low-priced stocks?
The primary risks include high volatility and lower liquidity, which can make it difficult to exit positions during a market downturn. Investors must also be wary of "pump and dump" schemes that frequently target potential multibagger stocks under 100 Rs in India.
Are stocks under 100 suitable for beginners?
Yes, they are highly suitable as they offer a low entry barrier, allowing beginners to learn market dynamics with minimal capital. Starting with fundamentally strong stocks under 100 Rs helps novices build a diversified portfolio while managing risk effectively.
How to choose penny stocks under 100 Rs for investing?
Focus on companies with low debt-to-equity ratios and consistent profit growth to find the best stocks under 100 Rs for long-term returns. Analyzing the business model and management quality is essential to distinguish genuine growth stories from speculative traps.
