| 5paisa (2024)

While starting your journey in the stock market you don’t need to spend a lot of money. We the 5paisa Research team have selected a list of stocks that have a price of less than Rs.100 per share, which have a very good potential to grow in the time ahead. The stocks which are mentioned in the list are chosen after analyzing price trends, news, speculation, and fundamental analysis.

Top 5 Stocks Under 100 Rs.

1. Housing and Urban Development Corporation Ltd:

About the company:Housing & Urban Development Corporation Ltd is primarily engaged in the business of financing housing and urban development activities in the country. In FY23, Loan Outstanding crossed Rs. 80,000 Crore for the first time.

Positives:
- The price of the stock is 0.79x its book value.
- The dividend yield on the stock is respectable at 6.12%.
- The company has consistently paid out a healthy dividend of 34.9%.

Negatives:
- Low-interest coverage ratio for the company.
- Low return on equity for the company over the last three years is 13.1%.

Housing And Urban Development Corporation Share Price

2. IDFC First Bank:

About the company:IDFC First Bank is engaged in the business of Banking Services. IDFC FIRST Bank is the first and only bank in India that offers Zero fees for 28 essential services on savings accounts including for ATM cash withdrawals, IMPS, RTGS, NEFT, Cash Deposits and Cash withdrawals at branches, SMS Alerts, Cheque book, Demand Drafts, Pay-order, duplicate statements, etc.

Positives:
- Over the past five years, the company has produced strong profit growth of 23.0% CAGR.
- Promoter holding is up 3.61% from the previous quarter.

Negatives:
- Low interest coverage ratio for the company.
- Low return on equity for the company for the last three years is 5.40%.

IDFCFirst Bank Share Price

3. National Fertilizers:

About the company:National Fertilizers Limited is engaged in production and marketing of Neem Coated Urea, Bio-Fertilizers (solid & liquid) and other allied Industrial products. The company currently has a total annual installed capacity of 35.68 LMT (Re-assessed capacity of 32.31 LMT) & is the 2nd largest producer of Urea in the country with a share of about 16% of total Urea production in the country. Company has a Bio-Fertilizers Plant at Vijaipur with a capacity of 600 tons of solid & liquid Bio-Fertilizers to produce four strains of Bio-Fertilizers viz. PSB, ZSB, Rhizobium and Azotobacter are produced.

Positives:
- From 120 to 64.4 days, debtor days have decreased.
- The company's need for working capital has decreased from 105 days to 61.6 days.

Negatives:
- Low return on equity for the company for the last three years is 5.43%.
- The business might capitalise the expense of interest.

National Fertilizers Share Price

4. Shree Renuka Sugars:

About the company:Shree Renuka Sugars isa global agribusiness and bio-energy corporation. The Company is one of the largest sugar producers in the world, the leading manufacturer of sugar in India, and one of the largest sugar refiners in the world. The Company operates seven sugar mills in India with a total crushing capacity of 7.1 MTPA or 35,000 TCD and two port based sugar refineries with capacity of 1.7 MTPA.

Positives:
- Company is expected to give good quarter

Negatives:
- Company has low interest coverage ratio.

Shree Renuka Sugars Share Price

5. Tarmat:

About the company:Tarmat Ltd isan infrastructure development company that specializes in the construction
of runways, highways, airfields, parking bays, aprons, taxiways, etc. Tarmat has been a part of various infrastructure developments such as for the Ports, Industrial area developments, Refineries etc.

Positives:
- It is a debt free Company
- In last 5 years, Company has delivered good profit growth of 166% CAGR

Negatives:
- Promoter holding reduced by 2.60% in last quarter
- Promoter holding is low at 33.2%

Tarmat Share Price

Disclaimer: Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites and Derivatives can be substantial.