Best Stocks Under 50 Rs in 2024

  • 24 Mar 2024
  • Read 14 mins read

The myth that substantial capital is required to start investing in the stock market is not entirely accurate. Even with a modest sum as little as Rs 50, investors can enter the world of stock investments, opening up new possibilities for those who previously believed stock market participation was out of their financial reach. By analyzing the below factors, investors can make informed decisions and potentially capitalize on lucrative opportunities in the stock market without needing a substantial initial investment. The best share to buy for the long term under 50 after conducting thorough research would be one that offers strong growth potential and stability. This article explores some of the best stocks under 50 based on various parameters to identify the best investment options in 2024.

Top Stocks Under 50 Rs

Here's a list of some of the best stocks that are priced under 50 Rs. 

Company NameIndustryMarket CapShare price
Indian Overseas BankBanking

1.11 trillion

 

 

58.30

IDFC First BankBanking, Financial Services

550.11 billion

77.90

TV18 Broadcast LtdMedia & Entertainment

82.34 billion

48.20

Rail Vikas Nigam LtdInfrastructure

509.79 billion

244.25

IRCON InternationalInfrastructure, Engineering

203.15 billion

216.60

NHPC LtdHydroelectric Power

844.17 billion

84.00

 

UCO BankBanking

607.72 billion 

50.90

Trident LtdTextiles, Paper, Yarn

186.13 billion I

37.05

Suzlon energy Ltd

 

Renewable Energy

 

507.69 billion

37.20

NBCC (India) LtdReal Estate, Infrastructure

206.64 billion

114.80

Disclaimer:  These are listed some of the best shares under 50 rs. containing data updated as of 21,March 2024. However, it's important to conduct thorough research before making any investment decisions in these stocks.

 

Overview of Stocks Under 50 Rs

  1. Indian Overseas Bank:

    Indian Overseas Bank, renowned for its stability and comprehensive financial solutions, is a reliable option for investors seeking exposure to established banking stocks in India.
  2. IDFC First Bank:

    IDFC First Bank, known for its technology-driven solutions and customer-centric services, presents an attractive investment opportunity due to its growing customer base and focus on digital transformation.
  3. TV18 Broadcast Ltd:

    TV18 Broadcast, a prominent player in India's media and entertainment sector, offers diverse content and a vast media network, making it an attractive investment for those interested in the thriving media landscape.
  4. Rail Vikas Nigam Ltd:

    Rail Vikas Nigam is a key player and it comes under stocks under 50 rs. India's railway infrastructure projects, contributing significantly to modernizing the country's rail network and offering an attractive investment opportunity in transportation and logistics.
  5. IRCON International:

    IRCON International, a leading infrastructure and engineering firm, is a popular choice for investors interested in infrastructure-focused stocks due to its expertise in major railway projects and its ability to capitalize on India's growing infrastructure needs.
  6. NHPC Ltd:

    NHPC, a key player in India's hydroelectric power sector, is a significant investment choice due to its expertise in renewable energy, a key focus for the country's renewable energy strategy.
  7. UCO Bank:

    UCO Bank, a prominent player in India's banking sector, offers comprehensive services and a stable network, making it a reliable option for investors seeking exposure to the banking sector.
  8. Trident Ltd:

    Trident, a market leader in textiles, paper, and yarn, offers a diverse range of products and services, renowned for its innovative and adaptable approach.
  9. Suzlon Energy Ltd:

    Suzlon Energy, a prominent player in India's renewable energy sector, is renowned for its wind energy contributions. Its commitment to sustainable energy solutions aligns with global environmental goals, making it an attractive investment choice for those interested in renewable energy.
  10. IDFC First Bank:

    IDFC First Bank, known for its technology-driven solutions and customer-centric services, presents an attractive investment opportunity due to its growing customer base and focus on digital transformation.
  11. NBCC (India) Ltd:

    NBCC, a leading player in real estate and infrastructure, offers a diverse portfolio across various sectors, appealing to investors seeking stability and long-term growth. With successful projects, it provides opportunities for investors to benefit from these sectors' development.

Fundamentally Strong Stocks Below Rs 50 in India

Here is a list of fundamentally strong and best shares under 50 in India. 

NameSub-SectorMarket Cap (INR) Close Price (Rs.)PE RatioFundamental Score
Take Solutions LtdIT Services & Consulting3.26 billion24.15-3.5610.00
Sakuma Exports LtdCommodities Trading5.61 billion16.7513.817.88
Madhav Copper LtdMetals – Copper897.07 million33.40-20.567.83
Suumaya Industries LtdApparel & Accessories

538.75 million

 

8.05-0.117.36
MIRC Electronics LtdHome Electronics & Appliances4.52 billion16.35-30.317.00
Generic Engineering Construction and Projects LtdConstruction & Engineering

2.10 billion 

 

40.8514.156.92
Ruchi Infrastructure LtdAgro Products2.43 billion12.00205.246.90
Pasupati Acrylon LtdTextiles3.47 billion 35.658.856.72
Airan LtdIT Services & Consulting

2.98 billion

 

24.3529.366.65
Dhanlaxmi Bank LtdPrivate Banks11.39 billion29.6515.206.60

Disclaimer: This list of Stocks contains data updated as of  15,March 2024. However, it's important to conduct thorough research before making any investment decisions in these stocks.

Debt free Penny Stocks under Rs 50

Here are some debt free penny stocks under Rs 50:

NameSub-SectorPE Ratio
Brightcom Group LtdAdvertising2.92
Rajnish Wellness LtdFMCG – Personal Products1,928.25
Bartronics India LtdPayment Infrastructure1.26
Mangalam Industrial Finance LtdDiversified Financials-82.68
Swiss Military Consumer Goods LtdDiversified consumer products62.73
IL & FS Investment Managers LtdAsset Management32.24
VL E-Governance & IT Solutions LtdIT Services & Consulting62.42
Bhilwara Technical Textiles LtdCommodities Trading-57.32
DRC Systems India LtdAdvertising27.02
Suvidhaa Infoserve LtdOnline Services-103.72

Disclaimer: These are debt free stocks under 50 rs. containing data updated as of 15th March 2024. However, it's important to conduct thorough research before making any investment decisions in these stocks. 

Selection Criteria for the Stocks under rs 50

The value and quality of a stock are determined by market price, market capitalization, and debt-to-equity ratio, which provide insights into a company's financial health and growth potential.

  • Market price and significance: Market price refers to a stock's current value in the market, which fluctuates based on factors like supply and demand, investor sentiment, and market trends. A low price may indicate undervalued or overlooked stock, while a high price may indicate overvalued stock, potentially leading to price correction over time.
  • Understanding Market capitalization: Market capitalization or "market cap," is a measure of a company's size and reputation in the market. It is calculated by multiplying the current market price of a company's shares by the total number of outstanding shares. High market capitalization indicates a well-established company, attracting investors and enhancing liquidity.
  • The debt to equity ratio: The debt-to-equity ratio is a financial metric that compares a company's total debt to its shareholders' equity, indicating the proportion of debt and equity used to finance operations and investments. A high ratio indicates heavy debt financing, increasing risk, while a low ratio suggests a more conservative approach, indicating stronger financial stability.

The quality and value of a stock are evaluated based on various key factors, in addition to fundamental factors.

  • Competitive Advantage: Companies with a competitive advantage, such as innovative products, strong brand recognition, cost leadership, or proprietary technology, have unique strengths that contribute to long-term success and value creation for investors.
  • Dividend yield: Dividend yield is the ratio of a company's annual dividend per share to its current market price per share, indicating the return on investment, which may appeal to income-oriented investors.
  • Historical stock performance: Historical stock performance offers valuable insights into a company's past trends, price movements, and volatility, aiding investors in assessing future growth potential and identifying potential anomalies.

Investors must make informed decisions about stocks by analyzing financial metrics, industry trends, and company prospects. This comprehensive approach helps mitigate risks and identify opportunities that align with investment goals and risk tolerance.

Conclusion
The article discusses the potential of investing in the best stocks under 50 with a modest initial investment of Rs 50. It provides insights into 50 stocks under Rs. 50, highlighting their potential in sectors like banking, infrastructure, and renewable energy. To find stocks under Rs. 50 on the, consider BlinkX share market app, it can recommend companies that align with your investment goals and risk tolerance. By understanding selection criteria and implementing risk management strategies, investors can navigate the stock market confidently and achieve their long-term financial goals. The article emphasizes the importance of careful analysis and risk management in investing.

FAQs of Best Stocks under 50 rs.

The best government share in India depends on investment goals, risk tolerance, and market conditions. Investors should conduct thorough research, analyze financial performance, and consult expert recommendations.

The choice of the best stock for long-term investment depends on individual financial goals and risk tolerance, requiring thorough research, diversification, and consultation with a financial advisor.

Beginners should start with established companies with stable financial performance, diversify investments across sectors, and seek guidance from experienced investors for successful stock market investing.

Investing Rs. 50 in the stock market may be challenging due to brokerage charges, minimum investment requirements, and limited purchasing power. Alternatives include mutual funds or fractional investing platforms.

To minimize risks in the stock market, diversify investments, conduct thorough research, adopt a long-term perspective, use risk management tools, and stay informed about market news and developments.