Stocks Under 100 in India 2024

The term "stocks under 100" refers to stocks priced below ₹100 per share. Investing in these stocks may help diversify your financial portfolio and reduce overall risk. Companies offering stocks under ₹100 also can potentially increase your profits if invested for the long term.

Here you will get the list of mid-sized companies stocks priced under 100 Rs based on market capitalization.

List of Stocks Under 100 Rs.
 

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.

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An Overview of Stocks Under 100 Rs 

Here is a detailed view of the above-mentioned 10 stocks under ₹100:

Punjab National Bank

Punjab National Bank is one of India's oldest and largest public sector banks, providing a wide range of banking and financial services to millions of customers. It plays a vital role in the country's economic development through retail, corporate, and international banking.

Get more details about Punjab National Bank share price today here.
Know the Punjab National Bank share price history here. 

Indian Overseas Bank  Limited

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 Limited share price today here.
Know the Indian Overseas Bank Limited 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.

Bank of India

Bank of India is a major public sector bank in India, offering a diverse portfolio of banking products and services to individual and corporate clients. With a strong international presence, it contributes significantly to the financial sector and economic growth.

Get more details about Bank of India share price today here.
Know the Bank of India share price history here.

Ola Electric Mobility Ltd.

Ola Electric is a leading electric mobility company in India, focused on developing sustainable transportation solutions, including electric scooters and charging infrastructure. The company aims to accelerate the adoption of electric vehicles and reduce carbon emissions in urban transportation.

Get more details about Ola Electric Mobility Ltd share price today here.
Know the Ola Electric Mobility Ltd share price history here.

IDFC First Bank Ltd

IDFC First Bank Ltd, formed in 2018, focuses on retail banking and financial services, emphasizing customer-centric solutions. It aims to provide accessible and affordable banking services, with a strong emphasis on digital transformation. The bank is committed to fostering financial inclusion in India.

Get more details about IDFC First Bank Ltd share price today here.
Know the IDFC First Bank Ltd share price history here. 

Central Bank of India Ltd

Central Bank of India, established in 1911, is one of the oldest public sector banks in India. It offers a wide array of banking services, including savings accounts, loans, and investment products. The bank plays a vital role in promoting financial literacy and economic development across the country. 

Get more details about Central Bank of India Ltd share price today here.
Know the Central Bank of India Ltd 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:

1. 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.
2. 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.
3. 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.
4. 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.