- 08 Jan 2025
- 3 mins read
- By: BlinkX Research Team
Looking to invest without breaking the bank? There are plenty of promising stocks priced under Rs 100 that offer great growth potential. Whether you are a seasoned investor or just starting, these budget-friendly stock options can help you build a diversified portfolio. Dive in to explore top stocks with big investment opportunities.
Below is the list of mid-sized companies stocks priced under ₹100 based on market capitalization.
List of Stocks Under 100 Rs
Stock Name | Segment | CMP ₹ (8th Jan 2025) | Market Cap in Cr ₹ (8th Jan 2025) | P/E Ratio | 52 Week High | 52 Week Low |
Indian Overseas Bank | Bank - Public | 50.38 | 96,572 | 32.54 | 83.75 | 42.05 |
Canara Bank | Banks | 96.26 | 88,847 | 5.55 | 128.90 | 88.30 |
Suzlon Energy Ltd | Electric Equipment | 59.34 | 82,428 | 85.76 | 86.04 | 35.50 |
IDBI Bank Ltd | Bank - Private | 73.37 | 81,374 | 12.03 | 107.90 | 66.45 |
GMR Airports Infrastructure Ltd | Transport Infrastructure | 76.32 | 80,945 | -94.64 | 103.75 | 70.65 |
NHPC Ltd | Power Generation/Distribution | 78.67 | 79,597 | 26.68 | 118.40 | 68.40 |
Yes Bank Ltd | Bank - Private | 18.70 | 59,690 | 33.40 | 32.85 | 18.80 |
NMDC Ltd | Metals & Mining | 65.36 | 58,008 | 9.55 | 95.45 | 63.45 |
Vodafone Idea Ltd | Telecommunication - Service Provider | 7.89 | 56,248 | -1.99 | 19.18 | 6.61 |
UCO Bank | Bank - Public | 42.90 | 51,973 | 23.63 | 70.65 | 39.20 |
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
- List of Stocks Under 100 Rs
- An Overview of Stocks Under 100 rs
- How to Identify the Stocks Under Rs.100?
- How to Invest in Stocks Under Rs.100?
- Considerations for Investing in Stocks Under Rs.100
- Benefits of Buying Stocks Under Rs 100
An Overview of Stocks Under 100 rs
Here is a detailed view of the above-mentioned 10 stocks under ₹100:
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. The bank focuses on promoting economic growth and financial inclusion.
Get more details about Indian Overseas Bank share price today here.
Know the Indian Overseas Bank share price history here.
Canara Bank
Canara Bank is one of India's largest public sector banks, established in 1906. It offers a range of financial products and services including savings accounts, loans, insurance, and investment options. Headquartered in Bengaluru, it has a strong presence across India and abroad.
Get more details about Canara Bank share price today here.
Know the Canara 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.
IDBI Bank Ltd
IDBI Bank Ltd is a prominent private sector bank in India, originally established in 1964 as a development bank. It provides a comprehensive range of financial products and services, catering to individuals, businesses, and government entities. The bank aims to enhance customer satisfaction through innovative solutions.
Get more details about IDBI Bank Ltd share price today here.
Know the IDBI Bank Ltd share price history here.
GMR Airports Infrastructure Ltd
GMR Airports Infrastructure Ltd is part of the GMR Group, involved in developing and operating airports in India and abroad. The company focuses on enhancing airport infrastructure and passenger experience, promoting economic growth through improved connectivity. It plays a key role in the aviation sector.
Get more details about GMR Airports Infrastructure Ltd share price today here.
Know the GMR Airports Infrastructure 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. NHPC plays a crucial role in the country’s power generation landscape.
Get more details about NHPC Ltd share price today here.
Know the NHPC Ltd share price history here.
Yes Bank Ltd
Yes Bank is a private-sector bank in India, offering a wide range of banking and financial services to individuals, businesses, and corporate clients. Established in 2004, it focuses on retail banking, corporate banking, and wealth management. The bank operates with a significant presence across India and aims to drive growth with innovative financial solutions.
Get more details about Yes Bank Ltd share price today here.
Know the Yes Bank Ltd share price history here.
NMDC Ltd
National Mineral Development Corporation (NMDC) Ltd is a state-owned mineral producer, primarily engaged in the mining of iron ore. Founded in 1958, the company also produces other minerals like limestone and diamond. NMDC operates mines in various locations, contributing significantly to India's mineral industry.
Get more details about NMDC Ltd share pice today here.
Know the NMDC Ltd share price history here.
Vodafone Idea Ltd
Vodafone Idea Ltd, also known as Vi, is one of India's leading telecommunications companies. Formed from the merger of Vodafone India and Idea Cellular, it offers mobile and internet services across the country. Vi focuses on delivering high-speed data, innovative customer solutions, and competitive pricing in a dynamic market.
Get more details about Vodafone Idea Ltd share price today here.
Know the Vodafone Idea Ltd share price history here.
UCO Bank
UCO Bank is a government-owned commercial bank in India, founded in 1943. It provides a range of banking services including savings and current accounts, loans, and investment options. With its extensive network of branches, UCO Bank plays a crucial role in supporting the country's financial ecosystem.
Get more details about UCO Bank share price today here.
Know the UCO Bank share price history here.
How to Identify the Stocks Under Rs.100?
Identifying shares under ₹100 using financial ratios and market indicators:
- Stock Price: Look for stocks under 100 with a current market price below ₹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 the stock price with earnings; a lower P/E ratio may suggest that it is undervalued.
- Dividend Per Share (DPS): Look for the share under 100 that pays 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: Above 1 indicates more assets than liabilities, a positive sign of liquidity and financial health.
How to Invest in Stocks Under Rs.100?
Purchasing stocks under ₹100 provides various options for expanding their investment portfolios. Mutual and exchange-traded funds (ETFs) offer diversified exposure to these equities as an alternative. Furthermore, taking part in DRIPs, or dividend reinvestment programs, can diversify risk and allow investors to participate in the top long-term Indian companies under 100 rupees through each of these channels.
Considerations for Investing in Stocks Under Rs.100
There are a few important things to consider while investing in companies that are less than 100 rupees. One of the most notable features of value investing is the low initial investment required. Yes, your financial status matters, but not in the way you may imagine. Your long-term perspective and a lot of patience are required. Value investing is based on patience, which even individuals who have trouble managing their finances can practice.
Finding the stocks for less than ₹100 requires patience to see your investments grow over time. The following are some important points to keep in mind:
- Risk Tolerance: Before purchasing stocks priced under ₹100, ascertain your level of risk tolerance. Compared to higher-priced equities, lower-priced stocks may be more risky and volatile.
- Financial Health: Before investing, evaluate the company's financial standing. Examine important financial indicators, including cash flow, debt levels, profitability, and revenue growth. Ensure that the company's business strategy is sustainable and its balance sheet is sound.
- Growth Potential: Examine the firm's and industry's prospects for expansion. Consider factors such as market trends, the competitive landscape, and the company's ability to capitalize on growth opportunities. Look for companies with excellent expansion prospects but a lower stock price.
- Industry Outlook: Examine the business's sector and industry. Consider the industry's growth potential and long-term outlook. Invest in industries with bright futures and room to develop.
Benefits of Buying Stocks Under Rs 100
For several possible reasons, investors frequently think about purchasing stocks for less than ₹100.
Affordability
All individuals can purchase these company stocks; it is not necessary to be financially well-off to become a value investor. Your past academic performance and financial situation are irrelevant; what matters is you have a long-term outlook on the stock market and a track record of patience.
Possibility of price gain
Lower-priced companies can offer more potential for price gain than higher-priced companies. Investors should also make sure that the equities they are purchasing are from financially stable firms and future leaders. This guarantees that the investor will be able to make money by holding them for an extended period and not losing them in the next few years.
Lowest Risk Investment
Due to its lack of instability and short-term nature, value investing has been identified as the least dangerous stock market investment technique. Buying stocks for less than 100 rupees demonstrates the buy-and-hold principles of value investing, which are highly praised by investors and shareholders who wish to avoid being taken over by the daily changes in the market.
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 Best Stock Under 100
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