- 12 Oct 2024
- 12 mins read
- By: BlinkX Research Team
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The Indian stock market provides opportunities, particularly for investors looking for budget-friendly options. Stocks priced under ₹50 can offer significant growth potential, especially in emerging sectors. Investing in stocks under 50 can be a strategic way to diversify a portfolio. However, it is essential to conduct thorough research and consider market trends before making investment decisions.
Stocks Under 50 Rs
Here's a list of some of the stocks priced under 50 Rs.
Stock Name | Segment | Share Price (Rs) (7th Oct 2024 ) | Market Capitalization in Cr Rs (7th Oct 2024 ) | PE Ratio | 52 Week High (Rs) | 52 Week Low (Rs) |
Vodafone Idea Ltd | Telecommunication - Service Provider | 9.20 | 68,306 | -2.29 | 19.18 | 9.79 |
Yes Bank Ltd | Bank - Private | 21.00 | 68,838 | 47.74 | 32.85 | 15.70 |
UCO Bank | Bank - Public | 44.46 | 55,834 | 27.96 | 70.65 | 34.75 |
Reliance Power Ltd | Power Generation/Distribution | 48.40 | 20,475 | -10.94 | 53.64 | 15.55 |
Trident Ltd | Textiles & Apparel | 34.16 | 18,137 | 54.75 | 52.90 | 32.40 |
Alok Industries Ltd | Textiles & Apparel | 24.38 | 12,761 | -15.39 | 39.05 | 16.10 |
Jaiprakash Power Ventures Ltd. | Power Generation/Distribution | 18.45 | 13,323 | 11.30 | 24.00 | 8.35 |
Shree Renuka Sugars Ltd. | Sugar | 47.27 | 10,817 | -16.55 | 56.50 | 36.55 |
Rattanindia Enterprises Ltd. | Miscellaneous | 69.50 | 10,107 | 12.04 | 21.10 | 6.50 |
Infi Beams Avenue Ltd | Online Services | 27.90 | 8,343 | 41.08 | 40.50 | 16.73 |
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 50 Rs
- Overview of Stocks Under 50 Rs
- Selection Criteria for the Stocks Under Rs 50
Overview of Stocks Under 50 Rs
Here is the overview of the stocks under 50 Rs.
Vodafone Idea Ltd
Vodafone Idea Ltd, commonly known as Vi, is a leading telecommunications company in India formed by the merger of Vodafone India and Idea Cellular. It offers a wide range of services, including mobile voice and data, broadband, and enterprise solutions.
Get more details about Vodafone Idea share price today here.
Know the Vodafone Idea share price history here.
Yes Bank Ltd
Yes Bank Ltd is a private sector bank in India, known for its comprehensive range of financial services including retail banking, corporate banking, and investment banking. Established in 2004, it aims to provide innovative banking solutions and enhance customer experiences. The bank is committed to sustainable growth and contributing to the economic development of the country.
Get more details about Yes Bank Ltd share price today here.
Know the Yes Bank Ltd share price history here.
Uco Bank
UCO Bank is a public sector bank in India, established in 1943, offering a wide range of banking and financial services. It provides retail banking, corporate banking, and international banking solutions to cater to diverse customer needs. With a strong focus on customer service and financial inclusion, UCO Bank aims to empower individuals and businesses. The bank is committed to sustainable practices and contributing to the economic growth of the communities it serves.
Get more details about Uco Bank share price today here.
Know the UCO Bank share price history here.
Reliance Power Ltd
Reliance Power Ltd is a prominent energy company in India, part of the Reliance Group, focused on developing and operating power generation projects. Established in 2007, it aims to provide reliable and sustainable energy solutions through a diverse portfolio of thermal, renewable, and hydroelectric power plants. The company is committed to contributing to India's energy security and supporting the country's economic growth.
Get more details about Reliance Power Ltd share price today here.
Know the Reliance Power Ltd share price history here.
Trident Ltd
Trident Limited is an India-based company, which is engaged in manufacturing, trading, and selling textiles and paper & chemicals. The company operates through two segments: Textiles and Paper and Chemical.
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Know the Trident Ltd share price history here.
Alok Industries Ltd
Alok Industries Ltd. is an Indian textile manufacturing company specializing in cotton and polyester-based products. It offers a wide range of textiles, including home textiles, apparel fabrics, and garments, with operations in both domestic and international markets. Alok Industries is known for its integrated production capabilities, from yarn to finished textiles.
Get more details about Alok Industries Ltd share price today here.
Know the Alok Industries Ltd share price history here.
Jaiprakash Power Ventures Ltd
Jaiprakash Power Ventures Ltd. is an Indian company engaged in power generation, transmission, and distribution. It operates thermal and hydroelectric power plants and is part of the Jaypee Group. The company focuses on sustainable energy solutions and contributes to India's growing power infrastructure.
Get more details about Jaiprakash Power Ventures Ltd share price today here.
Know the Jaiprakash Power Ventures Ltd share price history here.
Shree Renuka Sugars Ltd.
Shree Renuka Sugars Ltd is one of India’s largest sugar producers and a leading global sugar refiner. The company is involved in the production of sugar, ethanol, and power generation from renewable sources. With a strong presence in both Indian and international markets, it focuses on sustainable agricultural practices and value-added products.
Get more details about Shree Renuka Sugars Ltd share price today here.
Know the Shree Renuka Sugars Ltd share price history here.
Rattanindia Enterprises Ltd.
Rattanindia Enterprises Ltd is a diversified business group based in India, engaged in multiple sectors such as power, manufacturing, and technology. The company is known for its innovative approach and commitment to sustainable practices. Rattanindia aims to create a positive impact through its ventures, leveraging advanced technologies to drive growth and enhance operational efficiency across its various business lines.
Get more details about Rattanindia Enterprises Ltd share price today here.
Know the Rattanindia Enterprises Ltd share price history here.
Infibeam Avenues Ltd
Infibeam Avenues Ltd is a leading digital payment and e-commerce solutions provider in India, established in 2010. The company offers a comprehensive suite of services, including payment gateways, e-commerce platforms, and cloud-based solutions, catering to businesses of all sizes. With a focus on innovation and customer experience, InfiBeam plays a significant role in transforming the digital landscape, facilitating seamless transactions and enhancing online commerce.
Get more details about Infibeam Avenues Ltd share price today here.
Know the Infibeam Avenues Ltd share price history here.
Selection Criteria for the Stocks Under Rs 50
Market price, capitalization, and debt-to-equity ratio determine a stock's value and quality, providing insights into a company's financial health and growth potential.
Market price and Significance
Market price is what a stock is worth right now. It goes up and down based on how many people want to buy or sell it, what investors think about it, and market trends. A low price might mean the stock is not noticed much or worth more than people think. A high price might mean it's worth too much and could go down later.
Understanding Market Capitalization
Market cap which is also known as market capitalization means a company size and the reputation in the market of a particular company. It is calculated by multiplying the overall number of outstanding shares by the market price of a company's shares at the time of calculation. Increased market capitalization makes a company a well-established one and has the eye of investors which improves liquidity.
The Debt-to-Equity Ratio
This financial metric compares a company's total debt to its shareholders' equity, indicating the proportion of debt and equity used to finance operations and investments. A low ratio denotes a more cautious approach and higher financial stability, whereas a high ratio indicates excessive debt financing and increased risk.
A stock's quality and value are assessed using a number of important criteria in addition to basic considerations.
- Competitive advantage: Competitive advantage: Companies which have a competitive advantage have special strengths which help them do well and create a value for investors over a long time.
- Dividend yield: This measure of return on investment, which may be of interest to income-oriented investors, is calculated by dividing a company's yearly dividend per share by its current market price per share.
- Historical stock performance: By providing insightful information about a company's previous trends, price changes, and volatility, historical stock performance helps investors make informed decisions about future growth prospects and potential anomalies.
Investors should make well-informed decisions by looking into the stocks's financial metrics, industry trends, and their company prospects. This meaningful approach helps mitigate risks and identify opportunities which should be aligned with your investment goals and risk tolerance.
Conclusion
This article provides investors with the possibilities of purchasing stocks under ₹50. It shows which stocks are under ₹50 and their categories which include banking, infrastructure, and renewable energy sectors. If you wish to find the stocks under ₹50. you can consider the BlinkX share market app. It can help you find companies that match your investment goals and how much risk you can handle. By learning how to choose stocks and manage risks, investors can make smart choices in the stock market and reach their long-term financial goal