Best Stocks Under Rs 100

Many people consider investing in the stock market needs a huge monetary investment. Well, it is not true. You do not need to spend significant money when beginning your stock market journey.

Investment in stocks involves choosing stocks that will increase in value in the future to produce sizable returns. Stocks may occasionally trade below their intrinsic value on the market for various reasons, including mistakes in price discovery, news about the company or industry, or a general lack of investor confidence. These stocks come from businesses with strong fundamentals and track records of success.

In this blog, you will find a list of the top stocks under Rs 100 that are categorized based on fundamental analysis and are used by large investors. We have chosen a list of stocks with share prices under Rs. 100 that have excellent growth potential in the near future.

Top Stocks Under Rs 100 in India

Here is the list of stocks that can be bought below Rs 100-

Factors to Consider Before Investing in Stocks Priced Under Rs 100

Some of the major factors to consider while investing in stocks under 100 rupees are-

• Exploring Value Investing

You do not need a lot of money to become a value investor. You did indeed hear correctly. Your current financial situation matters if you have a long-term outlook on the stock market and a track record of patience. Patience is the main factor influencing how much you profit from value investing. The economic viability of value investing, even for those who have trouble managing their finances, is one of its most remarkable features.

The key is to invest in the best stocks under 100 rupees and wait for them to bear fruit over an extended period; this way, you can ignore short-term stock market fluctuations and focus solely on long-term, significant returns.

• Advantages of Compounding

If you did not know, value investment will make you aware of the enormous benefits that compounding can provide.

The returns and dividends you earn from value stocks are reinvested if you invest in 100 Rs. stocks for an extended period. Your profit margin will soar dramatically if you do this.

The benefit is that you won't even need to put in any extra effort because your profits will be able to support themselves financially. Compounding's greatest advantage is its ability to patiently grow even the smallest amount of money into a lump sum. Keep your investment intact by holding onto the returns from value stocks.

• Low-Risk Investment Strategy

Because value investing is neither volatile nor short-term, it has been identified as the least risky investment strategy on the stock market.

Buying stocks for under 100 rupees exemplifies the buy-and-hold principles of value investing, which investors and shareholders frequently praise because they prevent them from becoming overwhelmed by daily market fluctuations.

Instead, they can use it to create long-term capital by purchasing and holding the best stocks to buy under 100 Rs. Value investments result in an expansion of the investor's portfolio because of their low volatility. Additionally, it has shown to be a less risky, effective, and volatile strategy that prevents investors from making hasty decisions, mistakes at the wrong time, and impulsive investments.

Top Listed Stocks to Buy Under Rs 100: An Overview

Here is a brief overview of the stocks that can be bought under Rs 100-

1) Steel Authority of India (SAIL)

SAIL, or the Steel Authority of India, is one of the biggest government-owned steel-producing companies. SAIL is a government of India-owned enterprise in the public sector.

It is ranked as the world's 24th-largest producer of steel. It has the SAIL Safety Organization, the Management Training Institute (MTI), the R&D Center for Iron and Steel (RDCIS), and the Center for Engineering and Technology (CET) (SSO). These are all found in Ranchi, India. It has several joint ventures with various businesses all over the world. About 75% of SAIL's equity is owned by the Indian government, which maintains voting control over the business.

The company manufactures and sells various iron and steel products, including hot- and cold-rolled sheets and coils, electrical sheets, galvanized sheets, electrical steel, structural steel, railway products, and plates. Additionally, it produces stainless steel, other alloy steels, and bars and rods.

2) Indian Oil Corporation

Oil marketing company Indian Oil Corporation Limited is listed on the BSE and NSE. It was ranked first in the Fortune India 500 list in 2016 and 168th in the Fortune Global 500 list in 2017.

The Research and Development Branch, Pipelines Branch, Petrochemicals Branch, Explosive Branch, Refineries Branch, and Production Branch are the seven main business divisions that make up the oil company. Indian Oil owns more than 50% market share for petroleum products.

The business involves exploration, production, refining, pipeline transportation, and natural gas and petroleum products marketing. The company established subsidiaries in the United States, the Netherlands, Sweden, Mauritius, the UAE, and Sri Lanka.

3) HFCL

Incorporated in 1987, HFCL (also known as Himachal Futuristic Communications Limited) is a telecom company based in India. It operates in various manufacturing, R&D, and turnkey solutions segments.

As a global technology market leader, HFCL links billions of people, objects, and systems. They have used the power of connectivity for over 30 years to drive business transformations. They create, integrate, and deliver next-generation technology products and solutions. To provide accessible data network solutions to everyone, they believe in fostering innovation and working with international partners.

4) Indian Railway Finance Corp

The Indian Railway Finance Corp Ltd. (IRFC) is the country's Ministry of Railways' financing division.

The company's primary activity is to raise money on the financial markets to finance the creation or acquisition of assets, which are then leased to the Indian Railways. In short, the company raises money through short-term loans, institutional financing, taxable bonds, and borrowing from other businesses. Long-term loans in rupees, equity, and free reserves are additional funding sources.

The plan outlay of the railways and funding for the locomotives, coaches, and wagons are funded by money that the IRFC raises from the market. The company offers to lease those assets to finance railroad projects and rolling stock.

5) IIFL Securities

IIFL Securities Limited offers capital market services in India's primary and secondary markets. The business is divided into facilities and ancillary, insurance broking, and capital market activity.

It provides investment banking services, retail broking products and services, including equity, commodities, currency broking, financial planning, depository participant, mutual funds and bonds, portfolio management, alternate investment funds, and retirement and estate planning services.

Conclusion

You do not need to invest a huge sum of money if you are a beginner investor. Smaller sums of money can also be used to make stock investments.

Ensure to invest wisely while having patience by your side.

We sincerely hope that you find this blog to be informative and helpful. Please be aware that it is crucial to conduct your research before making any investment decisions, regardless of the items on this list.

Happy Investing!

Disclaimer: This blog is solely for educational purposes. The securities/investments quoted here are not recommendatory.

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Research Analyst – Aakash Baid