List of Stocks Under 100 in India to Watch in 2024| BlinkX (2024)

The term "stocks under 100" refers to stocks priced below ₹100 per share, making them accessible for beginners with limited capital. Investing in these stocks may help in diversifying your portfolio and reduce the overall risk. It allows you to invest in multiple companies across different sectors, potentially reducing risk. Some smaller or less well-known companies offering stocks under Rs. 100 may also offer exposure to companies with growth potential. This article will discuss the stocks under Rs.100 in India with a focus on their market capitalization, along with the considerations while investing, the benefits, and risks associated with them.

List of Stocks Under Rs. 100 in India

Here are the stocks below ₹100 in India.

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.

Overview of Stocks Under Rs.100

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

Suzlon Energy Ltd

• Suzlon Energy Limited was established in 1995 and manufactures wind turbine generators and associated parts.
• Suzlon's products are designed to help customers maximize their return on investment, and the company has 14 manufacturing units and eight R&D facilities around the world.
• The firm offers full turnkey solutions, including asset life-cycle management and design.
• In addition, Suzlon produces power, offers solar system sales, and supplies finished castings, forgings, etc. The firm also facilitates proactive field condition monitoring and offers improved scheduling and forecasting.

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GMR Infrastructure Ltd

• GMR Infrastructure Ltd is an infrastructure holding company that funds the capital requirements of numerous infrastructure projects.
• The company was established in 1996, as a public limited company in Andhra Pradesh under the name 'Varalakshmi Vasavi Power Projects Ltd'.
• The firm provides Engineering Procurement Construction (EPC) solutions in the infrastructure industry.
• The company has four business verticals: energy, airports, roads, and urban infrastructure.

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UCO Bank

• UCO Bank is a commercial bank owned by the Government of India.
• The Bank provides a wide range of value-added banking products to its clients, including foreign banking services, NRI services, loan schemes, deposit schemes, and value-added e-banking solutions.
• It also has several branches authorized for direct tax collection in India.
• UCO Bank's headquarters are in Kolkata with 34 regional offices and 230 branches all over India.
• The bank has four foreign branches in two significant financial centres: Singapore and Hong Kong, as well as representative offices in Kuala Lumpur, Malaysia, and Guangzhou, China.

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IDFC First Bank LTD

• In 1997, IDFC Limited was established to provide funding for Indian infrastructure projects.
• IDFC Limited received in-principle approval from the Reserve Bank of India in 2014 to establish a new bank in the private sector. After that, IDFC Limited transferred its infrastructure finance assets and debt to IDFC Bank, a newly formed company.
• In October 2015 the bank was established following its demerger from IDFC Limited.
• The key products and revenue segments of IDFC First Bank Ltd. are interest & discount on advances & bills, income from investment, interest and interest on balances with RBI and other inter-bank funds.

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Bank of Maharashtra

• Established in 1935, the Bank of Maharashtra is a financial organization with a customer base of around 30 million.
• It is a government-owned company, with its headquarters located in Pune. It provides retail loans, cash management, personal banking, and international banking. Likewise, it also facilitates lending to small and priority sectors, financing for foreign exchange and exports, corporate loans, etc.
• It has more than 2200 branches across the country. It also has the largest network of branches of any nationalized bank in the state of Maharashtra.
• The Bank of Maharashtra's principal product and revenue segments are interest & discount on advances & bills, income from investment, interest on Reserve Bank of India, and other interbank fund balances.

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Motherson Sumi Wiring India Ltd

• Motherson Sumi Wiring India Limited produces and distributes wire harnesses, wires, and components to automobile original equipment manufacturers.
• It was established in Mumbai, India on July 2, 2020.
• It is a joint venture with Sumitomo Wiring Systems, Ltd., a leading global firm in the manufacture of wiring harnesses, harness components, and other electric wires.
• The product portfolio includes electrical distribution systems, fully assembled vehicle interior and exterior modules, automotive rear vision systems, moulded plastic parts and assemblies, injection moulding tools, moulded and extruded rubber components etc.

Get more details aboutmotherson sumi wiring india share price here.

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Trident Ltd

• Established in 1990, Trident Limited produces, distributes, and shops in Terry Towels & Bed Sheets, Paper & Chemicals, and Yarn.
• The company’s headquarters is in Ludhiana, Punjab. It has manufacturing facilities in Punjab and Madhya Pradesh.
• The company's Yarn plant is located at Sanghera, Punjab which produces both cotton and acrylic yarn.
• Trident's products are sold in over 75 countries across six continents to global retail brands such as Ralph Lauren, Calvin Klein, and IKEA.
• The firm also has a marketing and exportation arrangement with Sagatex International, UK, for up to 50% of its cotton production.

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Equitas Small Finance Bank Ltd

• Established in 2016 as a microfinance lender, Equitas Small Finance Bank (formerly Equitas Microfinance Ltd) is a small finance bank.
• It is a subsidiary of Equitas Holdings Ltd, headquartered in Chennai. It is one of India's largest small finance banks in India.
• The bank provides a range of services and products to cater to the needs of its clients, who include corporates, MSMEs, and people with limited access to traditional finance sources.
• The bank focuses on lending to micro and small businesses which have lower accessibility to funds. It offers small business loans (SBLs) against property, agriculture loans to micro-entrepreneurs, and microfinance to joint liability groups including women's organizations.

Get more details equitas small finance bank share pricehere.

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How to Identify the Stocks UnderRs.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 UnderRs.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 UnderRs.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 ₹100requires 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 anonline trading app in India.