Opened a Demat account??? But afraid to put your money into the stocks having high stock prices. Struggling to find the quality stocks in your budget?? These are the major problems we have to face as a beginner in the stock market. Most of the stocks are available at the high stock prices and of course, as a beginner, we afraid to put our money into those stocks. We have already shared the list of 15 best stocks to buy under Rs 500 for beginners, you can check out. But still, if you don't want to put even Rs 500 in a single stock, then no need to worry. I am here with the 10 best stocks to buy under Rs 100 for beginners. So, start with small as you have! Be with us till the end of the article and Please let me know if you already have any of the below stocks in your portfolio.
10 best stocks to buy under Rs 100 for beginners in India!
1. Federal Bank
pic credit; dsim.in
So the first stock in the list of 10 Best stocks to buy under Rs 100 for beginners, comes from the banking sector, Federal bank is a major Indian commercial bank headquartered in Aluva, Kochi and the market capitalization of the bank is Rs.17,547 crores indicating that it is a midcap stock.
Federal Bank's stock is currently trading at a price of Rs.87.90 and it has generated returns at a CAGR of 63.69% in the last one year. Yeah, the market share of the bank is decreased over the last five years from 2.9 to 2.5% but the stock has a good potential to compound our money.
If we talk about the financials of the bank, the bank has reported a 59% jump in net profit in the quarter of Jan-march 2021.
None of the holdings are in the promoter's pocket, 30.23% of stakes are held by the mutual funds and foreign investors have 24.51% stakes in the company.
The stock is classified as a moderate risk stock as it has volatility of 2.43x as per nifty. If you are ready to take risks to earn high returns then you can make a little investment in this stock also.
2. L & T Finance Holdings Ltd
pic credit; newexperts.in
2nd stock in the list of 10 best stocks to buy under Rs 100 for beginners comes from the finance sector, With a market capitalization of Rs.23,445 crores, L&T finance is a midcap stock. The company offers financial products like motor finance, housing finance, farm equipment finance, Real estate finance, mutual funds, infra finance, and microloans.
The company's stock is currently trading at a price of Rs.94.90 and it has generated a return of 63.25% in the last one year.
63.59% of the stakes of the company are held by the promoters of the company and 8.79% of the holdings are held by foreign investors.
The stock is classified as a moderate-risk stock due to its volatility of 2.51x as per nifty but L & T group is the fastest growing industry in India. So this stock can generate good returns for you in the long term.
If we look at the financials of the company then it has reported a 31% fall in the net profit section of the company in the Jan-March quarter of 2021 on yearly basis.
3. Equitas Small Finance Bank ltd
pic credit; jobdhunia
3rd stock in the list of 10 best stocks to buy under Rs.100 for beginners in India, comes from the banking sector. Equitas small finance bank ltd is a small-cap company with a market capitalization of Rs.7,511 crores. The company is a small-finance bank founded in 2016 as a microfinance lender. The company has partnered with the neobanking company Neo to launch a mobile banking platform called Niyox. If you're on social media platforms, then you have probably heard about the application.
The company was listed in the stock market in November 2020, since then the stock has generated a return of 100.46%. The stock is currently trading at Rs.65.75.
The promoters of the company have the largest pie of 81.98% in the company's stakes and 5.87% of the holdings are held by mutual funds.
The stock is considered a high-risk stock as it has volatility of 3.11x as per nifty. So, you have to think twice before including this stock in your portfolio.
The financials of the company shows a jump of 2.6 times in the net profit of the company in the fourth quarter of 2021 on a year-on-year basis.
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4. Kalyan Jewelers India Ltd.
pic credit; The new India Express
The fourth stock in the list of 10 stocks to buy under Rs.100 for beginners comes from the jewelry industry. The market capitalization of the Kalyan jewelers is Rs.7,725 crores indicating that it is a small-cap company. The company has a presence across the major cities in the country and in west Asia with workforce strength of over 8,000 employees.
The company was listed in the stock market in March 2021 since then it has generated a negative return of -0.27%. Currently, the stock is trading at a price of Rs.75.
The promoters of the company have 60.53% stakes in the company and 4.04% of the holdings are held by foreign investors.
The stock is classified as a moderate-risk stock as it has volatility of 2.76x as per nifty but it is a good stock to include in the portfolio and also can generate good returns if you can go for the long term.
The financials of the company shows a jump of 54% in the net profit of the company in the Jan-March quarter of 2021 on yearly basis.
5. Karur Vysya Bank Ltd
pic credit; livemint
The 5th stock in the list of 10 best stocks to buy under Rs.100 for beginners, also comes from the banking sector. Karur Vysya bank is a small-cap company with a market capitalization of Rs.4,088 crores. The bank offers products and services like personal banking, housing loan, personal loan, insurance, fixed deposits, etc.
The stock is currently trading at a price of Rs.51.15 and it has generated a return of 63.16% in the last one year.
The retail investors have the largest 56.33% stakes in the company meanwhile 21.29% of the holdings are held by foreign investors. The promoters of the company have a little pie of 2.13% in the holdings of the company.
The stock is considered a moderate-risk stock as it has volatility of 2.75x as per nifty. You should do thorough research before investing in this stock.
Financials of the company shows a rise of 23% in the net profit of the company in the Q4 of 2021 on yearly basis.
6. Ujjivan Small Finance Bank ltd
pic credit; The free press journal
Here comes the 4th stock from the banking sector at the 6th place in the list of 10 best stocks to buy under Rs.100 for beginners. Ujjivan small finance bank is a small-cap company with a market capitalization of Rs.5,254 crores and it provides banking services like saving accounts, current accounts, fixed deposits, recurring deposits, microloans, home loans, and small business loans.
The company was listed in the stock market in December 2019 and currently, it is trading at a price of Rs.30.40. In the last one year, the stock has generated negative returns of -15.91%. You can include this stock in your portfolio for learning purposes only.
The stock is considered a moderate-risk stock due to its volatility of 2.40x as per nifty.
The promoters of the company have the highest stake of 83.32% in the company and 4% of the holdings are held by foreign investors.
If we have a look at the financials of the company, then the company has reported a jump of 86% in the Jan-March quarter of 2021 on a year-on-year basis.
7. Trident Ltd
pic credit; topranked.in
The 7th stock in the list of 10 best stocks to buy under Rs.100 for beginners, comes from the textile industry. Trident Ltd. is a small-cap stock with a market capitalization of Rs.8,842 crores. The company deals in home textiles, paper manufacturing, chemicals, and power. Also, it is one of the largest yarn spinners in India.
Trident's stock is currently trading at a price of Rs.17.70 and it has generated a massive return of 187.80% in the last one year.
The promoters of the company have the largest, 73.02% stakes in the company and 25.37% are held by the retail investors.
The stock is considered a high-risk stock as it has volatility of 3.41x as per nifty. This stock is good for learning purposes only or you can invest a little bit into this.
Financials of the company shows a jump of 95% in the company's net profit section in the 4th quarter of 2021 on yearly basis.
8. IDFC First Bank Ltd.
Pic credit; business-standard
The 8th stock in the list of 10 best stocks to buy under Rs.100 for beginners also comes from the banking sector. IDFC First bank is a mid-cap company with a market capitalization of Rs.33,547 crores. In the month of March 2020, Mr. Amitabh Bachchan became the first-ever brand ambassador of the bank. The bank also provides banking services like saving accounts, current accounts, debit, and credit cards, fixed deposited, recurring deposits, etc.
The company's stock is currently at a price of Rs.54.05 and it has generated a return of 97.99% almost doubled in the last one year.
The stock is classified as a moderate-risk stock due to its volatility of 2.64x as per nifty but it has the potential to compound your money at a good CAGR in the long term.
36.60% stakes of the company are held by the promoters of the company and 10.33% of the holdings are held by foreign investors.
Financials of the company shows a jump of 78% in the company's net profit in the 4th quarter of 2021 on yearly basis.
9. Tourism Finance Corporation of India Ltd.
pic credit; tfciltd.com
The 9th stock in the list of 10 best stocks to buy under Rs.100 for beginners, also comes from the finance sector. Tourism Finance Corporation of India Ltd. is a small-cap company with a market capitalization of Rs.616 crores. The company provides financial assistance by way of rupee loans, corporate loans, and subscription to equity to hotel projects, amusement parks, ropeways, multiplexes, restaurants, etc.
The stock is currently trading at a price of Rs.76.40 and it has generated a return of 99.22% in the last one year.
Promoters of the company have 27.25% stakes in the company and 16.20 of the holdings are held by foreign investors.
The stock is classified as a moderate-risk stock due to its volatility of 2.91x as per nifty. This stock can be included in the portfolio for learning purposes or you can invest a little bit.
Financials of the company shows a rise of 49% in the company's net profit section in the 4th quarter of 2021 on yearly basis.
10. Bharat Heavy Electricals Ltd
Bharat Heavy Electricals Ltd. finds the last place in our list of best stocks to buy under Rs.100 for beginners. The current market capitalization of the company is Rs.23,068 crores indicating that it is a midcap company. It is an engineering and manufacturing company engaged in the designing and manufacturing of a variety of products and services for different sectors like transmission, industry, power, transportation, etc.
BHEL's stock is currently trading at a price of Rs.66.25 and it has compounded its shareholder's money at a CAGR of 74.34% in the last one year.
Promoters of the company have the largest 63.17% stakes in the company and 4.67% of the holdings are held by foreign investors. 19.77% of the holdings are in the account of retail investors.
The stock is considered a high-risk stock as it has volatility of 3.24x as per nifty. You can include this stock in your portfolio for learning purposes or if you want to play safely in the stock market.
Also read;
- 15 best stocks to buy under Rs.500 for beginners in India.
- 10 best stocks to buy under Rs.1000 for beginners in India.
- 6 listed companies of Adani group you can invest in.
- 8 Best banking stocks to buy in India.
- 6 Best insurance companies stocks to buy in India.
- 8 Best IT sector stocks to buy in India.
Disclaimer
Above all the data including stock prices, market capitalizations, shareholdings are as of 18th of July 2021 and can be changed in the future with the change in stock prices and these data are collected from tickertape. This article was for educational purposes only meanwhile the author was not giving you any stock suggestions. Please consult with your financial advisor or do thorough research by yourself before investing in these stocks.
If you have any of the above stocks in your portfolio, Please comment down and let me know how many shares you have of that stock and at what price, or if you have any query you can ask in the comment section.
So, Let's end this article here with these best quality stocks you can buy as a beginner in India. Goodbye and Happy Investing!!✌✌
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