Best stock under 100 Rs
Best stock under 100 Rs: If you are considering investing in the share market but stop yourself because you have a small amount, this post can help you. This post will teach you about stocks you can buy for below ₹ 100.
The stocks mentioned in the list were selected after analysis of price trends, news, speculations, and fundamental analysis. These stocks have great potential for the future and can provide a decent return in the long run.
Top 10 Stocks Under 100 Rs.
| S.No. | Name | P/E (x) | Market Cap | Dividend Yield (%) | ROCE (%) | ROCE 3Yr (%) | ROIC (%) |
|---|---|---|---|---|---|---|---|
| 1 | I O C L | 12.95 | ₹ 126,243.87 Crore | 9.35 | 8.15 | 12.63 | 8.21 |
| 2 | Union Bank (I) | 5.84 | ₹ 49722.79 Crore | 2.61 | 5.2 | 5.1 | 5.2 |
| 3 | IDFC First Bank | 19.42 | ₹ 48,775.56 Crore | 0 | 7.47 | 6.15 | 7.47 |
| 4 | I R F C | 6.6 | ₹ 41,557.85 Crore | 4.38 | 5.32 | 5.17 | 5.35 |
| 5 | National Aluminium Company | 9.98 | ₹ 15,390.97 Crore | 7.75 | 15.15 | 20.72 | 15.11 |
| 6 | NLC India | 9.14 | ₹ 13,498.91 Crore | 3.24 | 8.35 | 8.17 | 7.02 |
| 7 | M R P L | 4.3 | ₹ 11,409.42 Crore | 0 | 19.98 | 11.41 | 13.98 |
| 8 | Equitas Small Finance Bank | 16.89 | ₹ 9,811.78 Crore | 0 | 9.24 | 8.46 | 9.24 |
| 9 | CESC | 6.86 | ₹ 9,444.69 Crore | 6.47 | 11.3 | 12.31 | 8.67 |
| 10 | NBCC | 22.1 | ₹ 7,632.00 Crore | 1.14 | 26.2 | 20.92 | 331.07 |
Indian Oil Corporation Limited
About the company: It is a public sector undertaking to operate in the Gas & Petroleum sector. It is a large-cap company having a market cap of ₹ 126,243.87. When we analyse the 52-week performance of the stock, it touched the highest of ₹ 91.40 and the lowest of ₹ 65.20. For the quarter that ended March 31, 2023, the company reported a consolidated total income of ₹ 205,087.53 crore and a net profit after tax of ₹ 10,751.72 crore.
Positives:
- Net Profit is growing at a healthy rate in the last 3 years 12.09%
- Debt to equity has declined versus the previous 3 years’ average to 0.84
- Sales growth has been good in the last 4 quarters at 30.61%
Negatives:
- Sales growth has been subdued in the last 3 years at 4.18%
- Return on Equity has declined versus the previous 3 years’ average to 6.10%
Union Bank of India
Union Bank of India is one of the leading public-sector banks in the country. The bank is a listed entity, and the government of India holds 83.49 per cent of the bank’s total share capital. As of March 31, 2023, the bank’s whole business stood at ₹ 19,27,621 crore, comprising ₹ 11,17,716 crore of deposits and ₹ 8,09,905 crore of advances.
When we analyse the 52-week performance of the stock, it touched the highest of ₹ 96.40 and the lowest of ₹ 34.00. For the quarter that ended March 31, 2023, the company reported a consolidated total income of ₹ 27,763.51 crore and a net profit after tax of ₹ 2,811.78 crore.
IDFC First Bank
IDFC First Bank is an Indian private sector bank incorporated in 2014 by the merger of the banking arm of Infrastructure Development Finance Company and Capital First, an Indian non-bank financial institution with a market cap of ₹ 48,775.56.
When we analyse the 52-week performance of the stock, it touched the highest of ₹ 74.10 and the lowest of ₹ 28.95. For the quarter that ended March 31, 2023, the company reported a consolidated total income of ₹ 7,822.23 crore and a net profit after tax of ₹ 816.12 crore.
I R F C
The company was founded in December 1986. It is a wholly-owned subsidiary of the Indian Railways, Ministry of Railways, Government of India. The Indian Railway Finance Corporation (IRFC) was established to raise funds from domestic and international markets to meet most of the Indian Railways’ extrabudgetary resource requirements.
It is Indian Railways’ dedicated funding arm having a market cap of ₹ 41,557.85. When we analyse the 52-week performance of the stock, it touched the highest of ₹ 37.40 and the lowest of ₹ 19.30. For the quarter that ended March 31, 2023, the company reported a standalone total income of ₹ 6,272.74 crore and a net profit after tax of ₹ 1,327.70 crore.
National Aluminium Company
National Aluminium Company Limited (NALCO) is a Schedule ‘A’ Navratna CPSE established on 7th January 1981. It is one of the largest integrated Bauxite-Alumina-Aluminium- Power Complex in the Country. The Government of India currently holds 51.28% of paid-up equity capital.
It is a mid-cap company having a market cap of ₹ 15,390.97. When we analyse the 52-week performance of the stock, it touched the highest of ₹ 94.45 and the lowest of ₹ 66.95. For the quarter that ended March 31, 2023, the company reported a consolidated total income of ₹ 3,726.76 crore and a net profit after tax of ₹ 521.88 crore.
NLC India
NLC India Limited (NLC) is a central public sector undertaking engaged in the production of lignite from opencast mines at Neyveli in the state of Tamil Nadu in southern India and at Barsingsar in Bikaner district of Rajasthan state. Lately, it has diversified into renewable energy production and installed a 1404 MW solar power plant to produce electricity from photovoltaic (PV) cells and 51 MW of electricity from windmills.
It is a mid-cap company with a market cap of ₹ 13,498.91. When we analyse the 52-week performance of the stock, it touched the highest of ₹ 99.25 and the lowest of ₹ 58.30. For the quarter that ended March 31, 2023, the company reported a consolidated total income of ₹ 5,855.57 crore and a net profit after tax of ₹ 836.56 crore.
M R P L
Mangalore Refinery and Petrochemicals Limited (MRPL) is a Category 1 Schedule ‘A’ Miniratna, Central Public Sector Enterprise (CPSE). MRPL’s refinery produces a full range of petroleum products like naphtha, LPG, motor spirit, high-speed diesel, kerosene, aviation turbine fuel, sulphur, xylene, bitumen, pet coke, and polypropylene.
It is a mid-cap company with a market cap of ₹ 11,409.42. When we analyse the 52-week performance of the stock, it touched the highest of ₹ 127.65 and the lowest of ₹ 49.25. For the quarter that ended March 31, 2023, the company reported a consolidated total income of ₹ 29,487.54 crore and a net profit after tax of ₹ 1,907.98 crore.
Equitas Small Finance Bank
This banking company was incorporated in 1993. It is a mid-cap company with a market cap of ₹ 9,811.78. When we analyse the 52-week performance of the stock, it touched the highest of ₹ 90.15 and the lowest of ₹ 37.45. For the quarter that ended March 31, 2023, the company reported a standalone total income of ₹ 1,394.42 crore and a net profit after tax of ₹ 190.04 crore.
Also Read: Larsen & Toubro Stock Forecast: L&T Share Price Target
CESC Limited
The Calcutta Electric Supply Corporation (CESC) is the Kolkata-based flagship company of the RP-Sanjiv Goenka Group. It is an Indian electricity generation and the sole distribution company area administered by the Kolkata municipal corporation, in the city of Kolkata, West Bengal. It also serves power distribution in Kota, Bikaner and Bharatpur in Rajasthan under the name CESC Rajasthan. It serves 3.0 million consumers approximately, which includes domestic, industrial and commercial users.
It is a mid-cap company with a market cap of ₹ 9,444.69 crore. When we analyse the 52-week performance of the stock, it touched the highest of ₹ 86..65 and the lowest of ₹ 62.10. For the quarter ended March 31, 2023, the company reported a consolidated total income of ₹ 3,208.00 crore and net profit after tax of ₹ 445.00 crore.
NBCC
NBCC (India) Limited is a central public-sector enterprise. NBCC is engaged in executing projects under the Atal Mission for Rejuvenation and Urban Transformation (AMRUT), Pradhan Mantri Gramme Sadak Yojna (PMGSY), Solid Waste Management (SWM), and developmental work in the North Eastern Region.
It is a mid-cap company with a market cap of ₹ 7,632.00 crore. When we analyse the 52-week performance of the stock, it touched the highest of ₹ 44.70 and the lowest of ₹ 26.55. For the quarter ended March 31, 2023, the company reported a consolidated total income of ₹ 2,843.09 crore and net profit after tax of ₹ 113.74 crore.
Conclusion
Investing is always challenging, and it becomes more difficult for us when we have to decide where to invest. When we invest, we choose famous stocks with a good name, but sometimes small stocks also give good returns. That’s what this post is about.
