Best Stocks Under Rs 100 to Buy Today | LenDenClub (2024)

Stocks priced under Rs 100 are an affordable entry point for many investors. With careful research and strategic selection, these stocks can become valuable components of your investment portfolio.

So, which are the best stocks under 100 that you should buy today?

10 Best Stocks Under ₹100 for Long-Term Investment

Choosing the right stock is crucial to making profits in the long term.

Here are the best stocks to buy under 100 Rs.

Note: The information is dated on 12 February 2024. We have made a list of the best stocks to buy today under 100 Rs from Nifty 500’s stock universe.

1. Brightcom Group Ltd

Brightcom Group Ltd is an attractive investment option and one of the best stocks under 100 Rsif you are looking to invest in the digital marketing and technology sector.

• Market cap: 36.45BINR
• Revenue Growth: 14.16% (YoY) (June 2023)
• Net Income Growth: 15.9meta forex trading6% (YoY) (June 2023)

Pros:

• High net profit margin
• Excellent revenue growth
• Low debt

Cons:

• Mediocre earning per share growth rate

2. Infibeam Avenues Ltd

Infibeam Avenues Ltd is a growing entity in the e-commerce and digital payments sector. This makes it an attractive avenue for long-term investment.

• Market cap: 32.5BINR
• Revenue Growth: 119.91% (YoY) (June 2023)
• Net Income Growth: 15.72% (YoY) (June 2023)

Pros:

• Shown a remarkable year-on-year revenue growth
• No debt

Cons:

• Mediocre earning per share growth rate
• Low return on equity

3. Easy Trip Planners Ltd

Easy Trip Planners Ltd is a lucrative investment optionfor those who want to invest in the travel and tourism sector.

• Market cap: 48.85BINR
• Revenue Growth: 30.59 % (YoY) (June 2023)
• Net Income Growth: 67.20 % (YoY) (June 2023)
• Dividend Yield: 0.20%

Pros:

• In the last year, financially, its revenue has seen a significant rise along with a significant reduction in operating expenses
• Excellent return on equity

Cons:

• The PE ratio is very high

4. MMTC Ltd

MMTC is the Indian public sector’s largest trading body. It is also one of the highest earners of foreign exchange. This makes it a compelling investment for the long term.

• Market cap: 81.45BINR
• Revenue Growth: -138.59% (YoY) (June 2023)
• Net Income Growth: -96.7 % (YoY) (June 2023)

Pros:

• EPS growth in the past few years has been excellent
• Excellent ROE (Return on Equity)

Cons:

• Negative revenue growth in the previous year

5. NHPC Ltd

NHPC Ltd is a pivotal player in the energy sector in India and the best stock to buy today under 100 Rs. The company’s ability to sustain profitability and improve its net profit margin reflects its financial robustness and strategic resilience.

• Market cap: 813.95BINR
• Revenue Growth: -12.92% (YoY) (June 2023)
• Net Income Growth: 0.67% (YoY) (June 2023)
• Dividend Yield: 2.27%

Pros:

• EPS growth in the past few years has been exceptional
• Excellent ROE (Return on Equity)

Cons:

• If we look at the financial data of NHPC as of June 2023, NHPC Ltd’s revenue contraction was a cause of concern

6. Ujjivan Small Finance Bank Ltd

Ujjivan Small Finance Bank Ltd is a small bank based in Bangalore. Moreover, with the government’s increasing focus on financial inclusion, it is a desirable sector to invest in.

• Market cap: 107.74BINR
• Revenue Growth: 17.71% (YoY) (June 2023)
• Net Income Growth: 11.37% (YoY) (June 2023)
• Dividend Yield: 2.28%

Pros:

• Low Net NPA ratio
• The ratio of loan to deposit is low

Cons:

• In the latest year, the bank incurred a loss

7. Yes Bank Ltd

Yes Bank has strong fundamentals in place. It has generated profit consecutively over the past two years. It is the number one bank in digital aspects like UPI and NEFT, making it the best stock to buy under 100 Rs.

• Market cap: 814.20BINR
• Revenue Growth: 12.62% (YoY) (June 2023)
• Net Income Growth: 42.53% (YoY) (June 2023)

Pros:

• Low Net NPA ratio
• The ratio of loan to deposit is low

Cons:

• In the past 5 years, EPS has decreased
• Low Return on Equity

8. Trident Ltd

Trident has a strong market presence with its diversified product ranges in textiles and paper. Financially, its performance reflects stability and the potential to earn long-term returns.

• Market cap: 215.12BINR
• Revenue Growth: 25.03% (YoY) (June 2023)
• Net Income Growth: 142.60% (YoY) (June 2023)
• Dividend Yield: 1.70%

Pros:

• FCF (Free Cash Flow) has grown significantly in the past 5 years
• In the past 5 years, EPS has shown excellent growth
• Growing dividends
• Excellent ROE

Cons:

• None

9. IRB Infrastructure Developers Ltd

IRB Infrastructure Developers Ltd is a highway construction company. With strong fundamentals and the government’s increasing push in the infrastructure sector, it is one of thebest stocks to buy today under 100 Rs.

• Market cap: 372.45BINR
• Revenue Growth: 29.94% (YoY) (June 2023)
• Net Income Growth: 12.24% (YoY) (June 2023)
• Dividend Yield: 0.39%

Pros:

• The government’s increasing push in the infrastructure sector

Cons:

• High debt-equity ratio
• Low ROE

10. Suzlon Energy Ltd

Suzlon Energy Ltd is a wind turbine manufacturer. So this stock is a good choice for those who want to invest in the renewables sector in India. Suzlon’s extensive experience in the sector and global presence make it a desirable investment option.

• Market cap: 611.80BINR
• Revenue Growth: -0.92% (YoY) (June 2023)
• Net Income Growth: 78.11% (YoY) (June 2023)

Pros:

• Excellent ROE

Cons:

• High debt-equity ratio

Summing up

While we have discussed the best stocks under 100 in India, it is always wise to conduct your own research before investing in any stock. It is important that you thoroughly look at the fundamentals of the company you invest in, along with understanding the prospects of the industry the company is in.

FAQs

1. What makes stocks under Rs 100 attractive to investors?

Stocks under Rs 100 are appealing because they offer an affordable entry point for investors. They present an opportunity for significant returns over time if chosen wisely.

2. Are low-priced stocks riskier than higher-priced stocks?

Low-priced stocks can be riskier due to:

• Potential for higher volatility
• Lower market capitalisation

However, with thorough research, investors can identify the best stocks under 100 Rs for long-term growth.

3.How often should I review my investment in stocks?

You should regularly review your portfolio. This will help you in making informed decisions regarding when to hold, buy, or sell your stock.

4. Can investing in stocks under Rs 100 provide dividends?

Yes, some stocks priced under Rs 100 may pay you dividends. However, dividend payments depend on the company’s profitability and dividend policy. So, it is not necessary that all low-priced stocks may pay dividends.