Stocks Under 100 Rs.

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.

Last Updated: Mar 04, 2024

1. Ujjivan Small Finance Bank:

About the company: Ujjivan Small Finance Bank Limited caters to financially unserved and underserved segments and committed to building financial inclusion in the country

Positives:
- The company has produced a respectable 176% CAGR in profits over the last 5 years. 
- The company's median sales rise is 24.8% during the last 10 years.

Negatives:
- The company's interest coverage ratio is inadequate.
- The company's return on equity for the previous three years was poor at 7.64%.

Ujjivan Small Finance Bank 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%.

IDFC First Bank Share Price

3. Bank of Maharashtra:

About the company: Bank of Maharashtra is engaged in providing banking services.

Positives:
- In the previous five years, the company has produced strong profit growth, with a 34.1% CAGR.

Negatives:
- Over the last five years, the company's revenue growth has been a poor at 7.46%.
- The company's three-year return on equity is poor at 10.9%.

Bank of Maharashtra Share Price

4. Shree Renuka Sugars:

About the company: Shree Renuka Sugars is a 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. IRB Infrastructure Developers Ltd:

About the company: IRB Infrastructure Developers Ltd is an infrastructure development and construction company in India.

Positives:
- Mutual funds raised their stake in the company over the previous month.
- The company is increasing both net cash flow and cash from operations.

Negatives:
- Over the last five years, the company's revenue growth has been a dismal at 2.37%. 
- The company's three-year return on equity is a pitiful at 3.99%.

IRB Infrastructure Developers Share Price