Best Stocks Under 100: Top Long & Short Term Shares Under 100 Rupees in 2024

If you’re a beginner interested in investing, you may have heard the term “stocks under 100” but aren’t quite sure what it means. Simply put, best stocks under 100 refers to stocks that are priced below ₹100 per share. People often consider these stocks more accessible for beginner investors who may not have a large amount of capital to invest.

Portfolio investing in the best shares under 100 can be a great way to start building your portfolio. It potentially enables you to invest in multiple companies across different sectors, which can help diversify your portfolio and potentially reduce risk. Additionally, some companies that offer stocks under Rs. 100 may be smaller or less well-known, and investing in them can give you exposure to companies that may have significant growth potential.

So whether you’re a beginner investor or simply interested in learning more about the best share under 100, this blog is for you. Let’s begin.

What are Stocks Under Rs 100?

Publicly traded companies price their shares below Rs. 100 per share, which are known as stocks under 100. Retail investors who may not have large sums of capital to invest consider these stocks to be affordable. Many investors search for the best stocks to buy today India for long term under 100 Rs as they seek to build a diversified portfolio while managing their risk.The best stocks to buy today India for long term under 100 may be particularly attractive to new investors who are just starting in the stock market. You can get started with a smaller investment and potentially earn returns that outpace the market by investing in these stocks.

Best 10 Under 100 Rs Stocks

We have drawn upon a list of the 7 best shares to buy today under 100 for the long term. 

Company Name	Sub-Sector	Market Cap (in Cr)	Share Price	Net Profit Margin	5Y Net Profit Margin
Indian Overseas Bank	Public Banks	₹1,09,161	₹57.2	8.94	-
IDBI Bank Ltd	Private Bank	₹86,718	₹78.4	14.70	-15.43
NHPC Ltd	Renewable Energy	₹82,821	₹83.1	34.16	29.84
Yes Bank Ltd	Private Banks	₹66,022	₹23.05	2.74	-9.17
Vodafone Idea Ltd	Telecom Services	₹62,553	₹12.75	-68.96	-86.80
UCO Bank	Public Banks	₹59,421	₹50.35	9.25	-5.07
IDFC First Bank Ltd	Private Banks	₹54,190	₹76.35	9.14	-3.61
Suzlon Energy Ltd	Renewable Energy Equipment & Services	₹50,537	₹36.3	32.71	-17.11
Central Bank of India Ltd	Public Banks	₹49,654	₹56.75	5.63	-4.20
GMR Airports Infrastructure Ltd	Construction & Engineering	₹45,450	₹74.65	-2.35	-32.34

Disclaimer: Please note that the above list is for educational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing.

Note:  The data on the top stocks under 100 Rs in India in the list is from 20th March, 2024.  However, for real-time updates on stock prices and market trends, visit the smallcase stocks collection today!

Best Stocks Under Rs 100: An Overview

Let’s have a look at the best share under 100 on our educational list of the top shares to buy under 100:

Indian Overseas Bank

Founded in 1937 by M. Chidambaram Chettyar, Indian Overseas Bank (IOB) emerged as a key player in the banking sector. Initially focusing on foreign exchange, it began its operations in Chennai and Rangoon (now Myanmar), later expanding to Penang, Malaysia. By the time of India’s Independence, IOB boasted 38 domestic and 7 international branches, with deposits totaling ₹6.64 crore and advances amounting to ₹3.23 crore. Following the bank nationalization in 1969, IOB transitioned into a public sector bank.It is one of the 10 best shares to buy today for long term on our list of stocks under 100. 

IDBI Bank Ltd

IDBI Bank began as a government-owned development finance institution, established by the Industrial Development Bank of India Act, 1964. It commenced operations on July 1, 1964, focusing on providing financial services to the industrial sector. Initially known as the Industrial Development Bank of India Limited, it functioned as a Development Financial Institution (DFI) for four decades until September 2004. Subsequently, it transitioned to IDBI Ltd in October 2004. It is also one of the best stocks to buy today under 100 rs, on our list. 

NHPC Ltd

NHPC Ltd, a mini-ratna PSU, oversees the entire process of hydro project development nationwide. It was listed on both NSE and BSE in 2009. Established in 1975, NHPC operates in 14 states and two Union Territories, and has expanded into solar and wind energy. Additionally, NHPC engages in power trading, contracts, project management, and consultancy services. As of September 30, 2023, NHPC’s total installed capacity stands at 7097.20 MW, including 1546 MW in joint ventures. This comprises 6971.20 MW from 22 hydropower stations, 76 MW from two solar power projects, and 50 MW from a wind power project. It is also one of the best stock to buy today under 100 on our list. 

Yes Bank Ltd

YES Bank, headquartered in Mumbai, ranks as the sixth-largest private-sector bank in India, boasting a market capitalization of ₹58,238 crore as of December 11, 2023. With a network of 1,192 branches and over 1,300 ATMs spread across 300 districts in 28 states and Union Territories, the bank provides a diverse range of products and services tailored to retail, MSME, and corporate clients. Through its wholly-owned subsidiary, YES Securities, the bank also offers investment banking, merchant banking, and brokerage services. It is also one of the best stocks to buy under 100 on our list. 

Vodafone Idea Ltd

Vi, formerly known as Vodafone Idea Limited, stands as a prominent player in the mobile network industry. Operating as an integrated GSM provider, Vi offers a spectrum of services ranging from 2G to 5G, including LTE Advanced, VoLTE, and VoWiFi. With a substantial subscriber base of 21.98 crore as of September 30, 2023, Vi holds the position of the third-largest mobile telecommunications network operator in India and the eleventh-largest globally. The amalgamation of Vodafone India and Idea Cellular in 2018 birthed Vodafone Idea Limited, which underwent a rebranding to Vi in 2020. It is also one of the best stocks under 100 rs on our list of shares below 100 rupees. 

UCO Bank

UCO Bank, established by GD Birla in 1943, operates as a public sector bank with a wide presence in India and abroad. Initially known as the United Commercial Bank, it shifted its headquarters to Kolkata after nationalization in July 1969. Subsequently, an Act of Parliament in 1985 officially changed its name to UCO Bank. In 2003, the bank initiated a ₹200 crore IPO, transitioning into a listed company. Currently, it boasts a market capitalization of ₹50,215 crore as of December 18, 2023, with its share price soaring by over 223% in the past three years, solidifying its position as one of India’s most reliable PSU banks. It is also one of the top stocks to buy under 100 on our list. 

IDFC First Bank Ltd

The company was established through the merger of IDFC Bank and Capital First, a non-banking financial company (NBFC) specializing in retail and MSME financing. IDFC Limited, founded in 1997, initially focused on infrastructure financing but diversified into financial intermediation and asset management over time. Following a demerger in 2015, IDFC Limited expanded into asset management, institutional broking, and infrastructure loans, while IDFC Bank concentrated solely on banking activities. It is also one of the best share under 100 rupees on our 50 to 100 Rs share price list. 

Suzlon Energy Ltd

Suzlon Group has emerged as a top player in renewable energy solutions. Headquartered in Pune, the company operates in 17 countries spanning Asia, Australia, Europe, Africa, and the Americas. Suzlon’s focus on delivering high-performance products ensures optimal yields and maximum ROI for clients. Initially specializing in wind energy services, Suzlon Energy solidified its position through strategic collaborations, including a technical partnership with German industry leader Südwind Energy GmbH. This collaboration bolstered Suzlon’s expertise in designing Wind Turbine Generators (WTGs), facilitating the deployment of WTGs across India between 1995 and 2000.

Central Bank of India Ltd

Central Bank of India stands as a pioneer in the Indian banking sector, as one of the top bank shares below 100. It was the first wholly Indian-owned commercial bank. Nationalized in 1969 along with 13 others, it is now under the ownership of the Government of India. With a widespread presence across the nation, Central Bank of India remains a prominent public sector bank, serving various states and Union Territories. It is also one of the best stocks under 100 Rs for long term on our list. 

GMR Airports Infrastructure Ltd

GMR Airports Infrastructure Limited, previously known as GMR Infrastructure, develops, operates, and maintains airports. Additionally, it provides integrated security solutions. Its airport portfolio includes Delhi International Airport, Hyderabad International Airport, and Mactan Cebu International Airport in The Philippines. Security solutions are managed through RAXA Techno Security Solutions. It is also one of the top stock below 100 on our list.

How to Identify the Shares Under 100 Rs?

Identifying shares priced under Rs 100 using financial ratios and market indicators involves a comprehensive analysis of a company’s financial health and market conditions. Here are some key steps and financial ratios to consider:

Stock Price

Look for below 100 rs shares in NSE with a current market price below 100 Rs. This is the most straightforward criterion for energy stocks under 100.

Earnings Per Share (EPS)

Evaluate the company;s Earnings Per Share. A higher EPS of energy stocks under 100 indicates that the company is generating more earnings for each outstanding share. A low-priced stock under 100 Rs with a reasonable EPS may represent good value.

Price-to-Earnings (P/E) Ratio

The P/E ratio compares the stock price with its earnings. A lower P/E ratio might suggest that the energy quality stocks under 100 is undervalued. However, it’s essential to consider the industry average and the company’s growth prospects.

Dividend Per Share (DPS)

Look for best share under 100 that pay dividends. A consistent and reasonable Dividend Per Share can be a positive sign and may provide some income for investors.

Net Profit Margin

Evaluate the Net Profit Margin, which is the ratio of net profit to revenue. A higher net profit margin indicates that the company is efficient in managing its costs and generating profits.

Debt-to-Equity Ratio

A lower Debt-to-Equity ratio suggests that the company has a lower level of debt relative to its equity. Companies with lower debt levels may be considered less risky of the shares below 100 Rs share price. .

Current Ratio

A current ratio above 1 indicates that the shares under Rs 100 company has more assets than liabilities, which is a positive sign of liquidity and financial health.

Why Invest in Stocks Under Rs 100?

Investing in stocks priced under Rs 100 offers several advantages for investors. These stocks often belong to companies with smaller market capitalizations, potentially offering significant growth opportunities. Additionally, they allow for greater diversification within a limited investment budget. Moreover, lower-priced stocks may exhibit higher volatility, providing opportunities for short-term trading or long-term investment strategies.

Factors to Consider Before Investing in the Best Stock Under 100 Rs

• Value Investing: Becoming a value investor may not require a substantial amount of money. This might be due to your current financial situation becoming significant when adopting a long-term perspective on the stock market with patience.
• Advantages of Compounding: Compounding’s greatest advantage is its ability to patiently grow even the smallest amount of money into a lump sum. Keep your investment intact by holding onto the returns from value good stocks.
• Low-Risk Investment Strategy: One can use this strategy to create long-term capital by purchasing and holding the best shares below 100. Value investments result in an expansion of the investor’s portfolio because of their low volatility.

Features of Stocks Under Rs 100

Here are a few key features of stocks under a 100 rupees:

• Affordability: Stocks priced under Rs 100 offer an affordable entry point for investors with limited capital, allowing them to start investing in the stock market without a significant initial investment.
• Higher Quantity: Due to their lower price, investors can purchase a higher quantity of shares of stocks under Rs 100 compared to higher-priced stocks, thereby increasing their potential for diversification.
• Volatility: Stocks priced under Rs 100 tend to exhibit higher volatility, which can present opportunities for short-term traders to capitalize on price fluctuations in the market.
• Risk and Reward: While stocks under Rs 100 may offer the potential for high returns, they also come with higher risk due to their volatile nature and lower liquidity compared to higher-priced stocks.
• Opportunity for Growth: Some stocks priced under Rs 100 may represent companies with strong growth potential or turnaround prospects, providing investors with the opportunity to benefit from future appreciation in stock prices.
• Liquidity Concerns: Investors should be aware that stocks under Rs 100 may have lower liquidity levels, meaning there may be fewer buyers and sellers in the market, potentially leading to wider bid-ask spreads and difficulty in executing trades at desired prices.

How to Invest in Stocks Under Rs 100?

Investing in stocks under Rs 100 offers various avenues for individuals looking to build their portfolios. One common method is to directly purchase these best stock under 100 through brokerage accounts. Alternatively, exchange-traded funds (ETFs) and mutual funds provide diversified exposure to such stocks. Additionally, participating in dividend reinvestment plans (DRIPs). Each of these avenues presents opportunities for investors to engage with the best stocks to buy today India for long term under 100 Rs while diversifying risk.

Who Should Invest in Stocks Under Rs 100?

Individuals seeking affordable investment opportunities may find stocks under Rs 100 appealing. These stocks can be attractive for novice investors looking to start building a portfolio with a limited budget. Additionally, seasoned investors who wish to diversify their holdings or explore emerging companies may also consider investing in stocks priced under Rs 100. It’s important to conduct thorough research and due diligence before investing in any stock, regardless of its price.

Types of Multibagger Stocks Below 100 Rs

Several types of stocks under Rs 100 can categorize based on their characteristics and investment potential. Here are some common types of government stocks under 100:

• Blue-Chip Stocks: These are stocks of well-established companies with a track record of stable earnings and a long history of dividend payments. Many consider Blue-chip stocks to be reliable investments, often with lower volatility and less risk than other types of stocks. 
• Growth Stocks: Growth stocks can potentially generate substantial profits in the future. Companies in high-growth industries such as IT, healthcare, and e-commerce often associate these best stock under 100Rs. Multibagger stocks below 100 Rs can be attractive to investors who are willing to take on higher risk for the potential of higher returns.
• Dividend-Paying Stocks: These are of companies that pay regular dividends to their shareholders. Dividend-paying stocks can provide a steady stream of income to investors and may be less volatile than other types of stocks. Companies in more mature industries such as utilities, consumer goods, and healthcare often associate these best stocks to buy today India for long term under 100 Rs.
• Penny Stocks: Small companies or startups often associate these stocks that trade below Rs. 100 per share. Penny stocks can be highly speculative and carry significant risk, as they may be more susceptible to price fluctuations and volatility. However, penny shares under 100 can also offer high growth potential if the company performs well.

Benefits of Investing in Shares Under 100

For investing in the best stocks under 100 in, you must read the following benefits it can offer to you.

• Lower Initial Investment requirement: The best government stocks under 100 can offer investors to enter the stock under 100 market with a smaller initial investment. This can be especially beneficial for new investors who may not have large sums of capital to invest.
• Opportunity for Higher Returns: Some may perceive the best stock under 100 as risky due to their smaller market capitalization. However, it can also offer higher potential returns. This is because smaller companies often have more room for growth and can experience rapid stock price appreciation if their business strategy is successful.
• Diversification Potential: Investing in a range of shares under 100 can provide diversification benefits to investors, as these stocks may belong to different sectors and industries. Diversification can help investors manage risk by spreading their investments across different below 100 Rs best shares and asset classes.

Risks of Investing in the Best Stocks Under 100

Investing in government stocks under 100 can offer good opportunities for investors looking to enter the stock under 100 market. However, let’s have a look at the challenges.

• Liquidity Issues: Government Stocks under 100 may have lower trading volumes and be less liquid than higher-priced stocks. This means that investors may have difficulty selling their shares if they need to cash out quickly.
• Scams and Fraudulent Activity: Some companies may engage in fraudulent activity to artificially inflate their stock price. This can result in investors losing their entire investment if the fraud is uncovered.

Tips for Investing in Stocks Under 100

Investing in government stocks under 100 can offer attractive opportunities for retail investors in India, but it is important to approach these investments with caution and a long-term mindset. Here are some tips to consider when investing in stocks under 100:

• Research and Due Diligence: Conduct thorough research and analysis before investing in any stock, regardless of its price. Analyze financial metrics like earnings per share (EPS), price-to-earnings ratios (P/E ratio), and dividend yields to assess a company’s value and potential for growth.
• Diversification and Risk Management: Diversify your portfolio by investing in a mix of below 100 rupees shares across different industries and sectors. This can help mitigate risk and protect against market volatility. Additionally, consider setting stop-loss orders to limit potential losses in case a stock’s price drops significantly.
• Sticking to a Long-Term Investment Strategy: View investing in stock under 100 rupees as a long-term strategy and avoid making impulsive decisions based on daily market movements. Don’t get caught up in short-term market fluctuations. Stick to your investment plan and continue to monitor and adjust your portfolio as needed over time.
• Consider Professional Advice: If you are new to investing, consider seeking advice from a professional financial advisor or a trustable portfolio investing platform like smallcase. We can help you develop an investment plan that aligns with your financial goals and risk tolerance.

As always, investors must do their own research and/or consult their financial advisor before investing.

Tools and Resources for Investing in Shares Under 100

If you’re looking for tools and resources to invest in multibagger stocks below 100 Rs, here are some options:

• Online Brokerages: Many online brokerages offer commission-free trading on best stocks for long term under 100 and exchange-traded funds (ETFs). Thus, this makes it easier and affordable for investors to invest in stocks under Rs.100. 
• Stock Screeners: Stock screeners can help you narrow down your search for stocks under Rs.100. Based on various criteria, such as market capitalization, price-to-earnings ratio, and dividend yield. 
• Financial News Sources: Keeping up with the latest financial news and trends can help you make informed investment decisions.

Taxation on Stocks Under Rs 100

When investing in stocks priced under Rs 100, it’s essential to understand the taxation implications. Here’s a breakdown of the tax considerations for such investments:

• Capital Gains Tax: If you sell stocks priced under Rs 100 at a profit, you’ll be subject to capital gains tax. The tax rate depends on whether the gains are short-term (held for less than one year) or long-term (held for more than one year).
• Short-Term Capital Gains Tax: Short-term capital gains on stocks under Rs 100 are taxed at your applicable income tax rate. These gains are added to your total income and taxed accordingly.
• Long-Term Capital Gains Tax: If you hold stocks under Rs 100 for more than one year before selling, the gains are considered long-term. Long-term capital gains on stocks under Rs 100 are taxed at a flat rate of 10% without indexation benefit, or 20% with indexation benefit, whichever is lower.
• Tax Deduction at Source (TDS): In certain cases, the buyer of stocks may deduct tax at source before making payment to the seller. This TDS is applicable if the transaction exceeds specified thresholds and varies based on the nature of the transaction and the seller’s tax status.

Understanding the tax implications of investing in stocks under Rs 100 is crucial for effective tax planning and compliance with regulatory requirements. Be sure to consult with a tax advisor or financial expert for personalized guidance based on your specific situation.

To Wrap It Up…

In conclusion, investing in the best multibagger stocks below 100 Rs can be a good way for you to gain exposure with limited funds without breaking the bank. While these stocks may be considered “cheap” in terms of their price, they can still offer significant growth potential and profitability. 

However, as with any investment, it’s important to do your research, assess your risk tolerance, and develop a long-term strategy to maximize your returns. By keeping these factors in mind, investing in stocks under 100 can be a smart and rewarding choice for both novice and experienced investors alike.

FAQs

---