Best Stocks Under INR 100 denote shares with potential returns several times higher than their acquisition cost. Specifically in the Indian stock market, these equity shares offer investors returns exceeding 100%. Typically found in high-growth industries, these stocks boast strong fundamentals and substantial growth potential. While they can significantly enhance portfolio returns, it’s crucial to acknowledge the high risks associated with investing in multibagger stocks, necessitating thorough research and analysis.
Additionally, stocks below INR 100 generally indicate better-perceived value by investors, given the psychological mark of INR 100. These are considered more accessible for novice investors, providing exposure to companies with significant growth potential.
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Best Stocks Under 100 in India
Key Stats of Top Multibagger Stocks Under 100
In this article, you will find the best stocks under INR 100, categorized using fundamental analysis, a methodology employed by professional investors. These are essentially undervalued stocks under INR 100 which have the potential to give multibagger returns in the coming years.
| Name | CMP (INR) | P/E (%) | ROCE (%) | Debt/Equity | 1 Year Returns (%) | Sales growth 3 Years (%) |
|---|---|---|---|---|---|---|
| Dolat Algotech | 124.71 | 13.0 | 27.1 | 0.11 | 80.35 | -0.22 |
| Allcargo Logistics | 52.48 | 50.9 | 18.5 | 0.68 | -24.79 | 34.90 |
| Arihant Capital | 97.45 | 14.0 | 15.9 | 0.44 | 46.32 | 14.90 |
| International Conveyors | 80.25 | 9.1 | 15.6 | 0.47 | -13.01 | 29.60 |
| Geojit Fin. Ser. | 110.00 | 17.4 | 18.8 | 0.48 | 79.04 | 13.00 |
| Patel Engineerin | 52.00 | 24.9 | 13.7 | 0.68 | 0.97 | 17.10 |
| Confidence Petro | 66.23 | 22.4 | 13.1 | 0.51 | -20.59 | 27.00 |
#1 Dolat Algotech – Best Among Undervalued Stocks Under INR 100
Dolat Algotech is an India-based diversified quantitative trading company driven by technology. Primarily involved in trading securities, commodities, and derivatives, the company also invests in finance and investment fields. Positioned as a fintech firm at the intersection of financial trading, quantitative research, and technology, its goal is to maximize investor value.
Based on financial results and pricing trends, Dolat Algotech’s stock has seen a commendable 75.53% increase over the past three years. However, the average sales growth rate of the company in the last 3 years is -.022%. Historically, Dolat Algotech has been among the best Best Stocks Under 100 in India.
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#2 Allcargo Logistics
Allcargo Logistics, based in Mumbai, is a leading Indian logistics company offering integrated multi-modal transportation services. Operating container freight stations and inland container depots, it provides a wide range of warehouse and supply chain solutions. Its services include LCL consolidation, FCL forwarding, air freight, import/export handling, and specialized cargo services. With a diverse portfolio and strategic locations, including logistics parks, Allcargo Logistics has expanded globally through mergers and acquisitions, enhancing its service offerings.
The company’s stock price has surged significantly, marking a remarkable increase of 198.79% over the last three years. The stock currently trades at a PE ratio of 50.9, with an attractive price-to-sales ratio (PS ratio) of 0.54.
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#3 Arihant Capital Markets
Arihant Capital Markets is a financial services company providing capital market broking, merchant banking, and various other financial services. The company offers a diverse range of products and services, including investment solutions like equities, derivatives, and mutual funds. It also provides corporate solutions such as investment banking and depository services. For High Net Worth Individuals (HNIs), there are specialized services like Arihant Platinum and portfolio management services (PMS).
Additionally, the company caters to Non-Resident Indians (NRIs) with services covering various asset classes, depository services, PMS, and financial planning.
The company’s stock price has experienced a substantial surge, witnessing a remarkable increase of 302.57% over the past three years. The company’s impressive return ratios, including a ROCE of 15.9%, underscore its success as one of the multibagger stocks priced below INR 100, the company’s performance is anticipated to sustain its upward trajectory.
#4 International Conveyors – Placed Among Best Stocks Under INR 100
Established in 1973, International Conveyors (ICL) specializes in manufacturing and marketing solid woven PVC-covered conveyor belts. These belts, designed to be fire-retardant and antistatic, find primary use in underground mines for transporting minerals such as coal and potash. The company’s domestic clients comprise prominent names such as Coal India, Tata Steel, and Shree Cements. Internationally, it serves clients like Rosebud, BeltTech, Mosaic, Nutrien, and more.
The company’s stock price has undergone a significant surge, witnessing a remarkable increase of 116.60% over the past year. International Conveyors is a company known for its robust revenue growth and impressive return on capital employed (ROCE), all achieved while maintaining low levels of debt. These factors make it a potential winner among low-priced stocks.
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#5 Geojit Financial Services
Geojit Financial Services is a leading Indian investment company with a strong presence in the Gulf Cooperation Council (GCC) countries. Offering diverse products and services like mutual funds, insurance, equity trading, derivatives, commodity trading, PMS, and financial planning, Geojit also provides a comprehensive range of digital solutions. The company’s multi-channel distribution network, including branches, online portals, and dedicated customer care, ensures it caters to all the investment needs of its clients.
The company’s stock trades at a PE ratio of just 17.4, despite the raging bull market in wider markets. The company has provided investors with a commendable compounded return of 23.4% over the past five years.
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#6 Patel Engineering
Patel Engineering specializes in civil engineering and the construction of hydro projects, dams, tunnels, roads, and railways. With a significant presence in the infrastructure and construction services sector in India, the company boasts a broad portfolio of projects encompassing hydro projects, tunnels, and water supply initiatives. Patel Engineering’s expertise and extensive experience in the infrastructure and construction industry solidify its position as a major player in the Indian market.
The company’s stock price has experienced a substantial surge, witnessing a remarkable increase of 375.14% over the last three years. Currently trading at a PE ratio of 24.9, it boasts an attractive ROCE of 13.7%. Notably, the company has delivered a commendable high return of 148% to investors over the past year.
#7 Confidence Petroleum India
Confidence Petroleum India, established in 1993, is a fully integrated LPG & CNG company listed on the BSE & NSE. Renowned for manufacturing liquefied petroleum gas (LPG) cylinders, the company holds a robust position in the private LPG & CNG sector in India. Confidence Petroleum is distinguished for its experienced team and commitment to ethical values.
As of the latest available data, Confidence Petroleum’s consolidated net sales for December 2023 were at INR 554 crore, reflecting a decrease of -23.01% year-on-year. The company’s stock price was at INR 88.7 with a market capitalization of INR 2,476 crore, and a debt-to-equity ratio of 0.51.
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Conclusion – Best Stocks Under 100
The search results list stocks priced below INR 100 in the Indian stock market. The stocks are categorized based on their industry sectors and are considered accessible to novice investors. These stocks are chosen based on their potential for significant returns and growth, but it is essential to acknowledge the high risks associated with investing in multibagger stocks. Thorough research and analysis are necessary to make informed investment decisions.
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Best Stocks Under 100 in India – FAQs
What are the potential Best Stocks Under 100?
Best Stocks Under 100 are Indian equity shares with the potential for returns over 100%, often found in high-growth industries. They offer an opportunity for substantial returns at an affordable entry point.
Which stock is best to buy under 100?
Multibagger stocks to buy under 100 are Dolat Algotech, Allcargo Logistics, Arihant Capital Markets, International Conveyors, and more.
