Best of Stocks Under 20 Rs.

It’s easy to assume that high-priced stocks are the key to strong returns. However, stocks under 20 Rs often present unique opportunities for investors looking to diversify their portfolios without committing large amounts of capital. These low-priced stocks can offer significant upside potential, especially for those who are willing to research and identify promising companies with opportunities for growth. In this article, we’ll cover some of the best stocks under 20 Rs and offer insights on how to invest in them.

Stocks Under 20 Rs.

Saturday, 7 March, 2026

symbol Company ticker slug Sector Market Price 52W High 52W Low Market Cap (Cr.) PE Ratio Industry PE PB Ratio Div. Yield (%) ROE (%) 1YReturns 3YReturns 5YReturns Market Cap Label Industry Group Industry Sub Industry percentageChange
HAWY Hathway Cable and Datacom Ltd HATHWAY /stocks/hathway-cable-and-datacom-HAWY Cable & D2H 10.19 17.98 9.91 1,803.74 19.50 99.68 0.41 0.00 2.13 -26.69 -32.96 -67.18 Smallcap Media & Entertainment Media Cable & Satellite 0.10
JAIA Jaiprakash Associates Ltd JPASSOCIAT /stocks/jaiprakash-associates-JAIA Conglomerates 2.44 4.93 2.40 598.92 -0.22 41.74 -0.11 0.00 0.00 -45.54 -71.95 -72.11 Smallcap Capital Goods Industrial Conglomerates Industrial Conglomerates -1.21
MISHT Mishtann Foods Ltd MISHTANN /stocks/mishtann-foods-MISHT FMCG - Foods 4.12 7.79 3.95 443.98 1.33 33.33 0.81 0.00 98.73 -24.95 -50.78 47.14 Smallcap Food, Beverage & Tobacco Food Products Packaged Foods & Meats 1.23
MMW Media Matrix Worldwide Ltd MMWL /stocks/media-matrix-worldwide-MMW Advertising 11.15 18.54 7.61 1,240.35 355.40 99.68 9.53 0.00 1.66 13.66 -6.54 127.55 Smallcap Media & Entertainment Media Movies & Entertainment -0.36
ORIN Orient Green Power Company Ltd GREENPOWER /stocks/orient-green-power-company-ORIN Renewable Energy 9.07 15.81 8.99 1,063.94 27.41 22.02 0.99 0.00 4.19 -28.30 17.64 406.70 Smallcap Utilities Independent Power and Renewable Electricity Producers Renewable Electricity -1.95
RHE Rhetan TMT Ltd RHETAN /stocks/rhetan-tmt-RHE Building Products - Others 26.03 27.69 20.32 2,074.27 673.46 41.74 22.07 0.00 3.37 22.26 22.26 22.26 Smallcap Materials Building Products Steel 1.28
RTNP RattanIndia Power Ltd RTNPOWER /stocks/rattanindia-power-RTNP Power Generation 7.98 16.92 7.70 4,285.34 19.31 22.02 0.86 0.00 4.57 -15.47 128.00 180.00 Smallcap Utilities Independent Power and Renewable Electricity Producers Independent Power Producers & Energy Traders 0.50
SALA Salasar Techno Engineering Ltd SALASAR /stocks/salasar-techno-engineering-SALA Iron & Steel 7.46 11.30 6.91 1,303.97 68.27 29.01 1.66 0.00 3.09 -15.42 -20.89 100.00 Smallcap Capital Goods Metals & Mining Construction & Engineering 0.54
YESB Yes Bank Ltd YESBANK /stocks/yes-bank-YESB Private Banks 20.12 24.30 16.02 63,135.46 25.81 17.51 1.32 0.00 5.44 18.49 19.05 23.82 Midcap Banks Banks Diversified Banks -0.54
ZEEN Zee Media Corporation Ltd ZEEMEDIA /stocks/zee-media-corporation-ZEEN TV Channels & Broadcasters 8.18 16.46 7.10 502.84 -4.21 99.68 2.28 0.00 -46.82 -38.77 -20.20 18.55 Smallcap Media & Entertainment Media Broadcasting -1.71

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 in the above table is dynamic in nature and subject to real-time changes. This data is derived from Tickertape Stock Screener.

Selection criteria:

  • Close Price: <20
  • Market Cap: >500
  • Market Cap: Sorted from Highest to Lowest

What are Stocks Under 20 Rs?

Stocks under 20 Rs are shares of companies whose market price per share is below twenty rupees. Stocks below 20 rupees often belong to smaller or emerging companies and are sometimes referred to as low-priced or penny stocks. They allow investors to gain exposure to companies with lower capital requirements, but they can also be more volatile and sensitive to market changes compared with higher-priced shares. These stocks are traded on Indian stock exchanges like NSE and can include a mix of small-capmid-cap, and occasionally large-cap companies with temporarily low share prices.

About Top 5 Stocks Under 20 Rs

  1. Vodafone Idea Ltd: Vodafone Idea Ltd provides telecom services across India and offers mobile, broadband and digital solutions. It operates in a competitive sector with a large subscriber base and evolving technology infrastructure.
  2. Jaiprakash Power Ventures Ltd: Jaiprakash Power Ventures Ltd generates power and develops infrastructure projects in India. It runs hydro and thermal plants that contribute to energy production and support the regional electricity supply.
  3. PC Jeweller Ltd: PC Jeweller Ltd operates in India’s jewellery sector by designing, manufacturing and retailing gold, diamond and precious stone jewellery. It sells through showrooms and e-commerce platforms.
  4. Alok Industries Ltd: Alok Industries Ltd manufactures textiles and garments, including fabrics and home textiles. It serves domestic and international markets while improving production efficiency and supply chain operations.
  5. Avenuesai Ltd: Avenuesai Ltd operates in the financial technology sector, providing digital payment solutions and processing services. The company facilitates electronic transactions, merchant services, and payment gateway infrastructure for businesses across various industries in India.

How to invest in Stocks Under Rs. 20?

Here is how you can invest in the stocks under Rs. 20:

  1. Open a demat/trading/stockbroker account. You can open a demat account with smallcase!
  2. Conduct thorough research into the top stocks under Rs. 20 in India using Tickertape Stocks Screener. The screener offers over 200 built-in filters, allowing investors to select parameters and generate a under 20 Rs share list.
  3. Place a ‘Buy’ Order on the top stocks under Rs. 20 that align with your investment thesis.

Features of Stocks Under 20 Rs in India

  • Extreme Price Volatility: These below 20 Rs shares exhibit a high “Beta,” meaning they tend to swing much sharper than the broader market. It is common for them to hit daily upper or lower circuit limits (frozen price bands) more frequently than mid or large-cap stocks.
  • Liquidity Constraints: Trading volumes in top gainers share under 20 Rs are often thin, resulting in wide gaps between the buying and selling price (bid-ask spread). This creates a “liquidity risk” where sellers may find it difficult to exit positions during a market downturn due to a lack of buyers.
  • Regulatory Surveillance: A higher proportion of stocks in this price range are placed under SEBI’s surveillance frameworks, such as the Graded Surveillance Measure (GSM) or Additional Surveillance Measure (ASM), which impose stricter margin requirements and trading restrictions to curb manipulation.
  • Minimal Institutional Participation: Mutual Funds and Foreign Institutional Investors (FIIs) typically have strict mandates preventing investment in companies below a certain market cap or price. Consequently, the shareholding pattern is usually dominated by retail investors and promoters.

Advantages of Investing in Shares Under Rs 20

  • Affordable Entry Point: Small investments like top gainers share under 20 Rs can buy multiple shares, making it easier for new investors to participate in the market.
  • Exposure to Emerging Companies: Most of the smallcap stocks under 20 Rs often belong to growth-stage companies, providing insights into evolving sectors and business models.
  • Better Liquidity: Higher trading volumes in some penny stocks under 20 Rs make entering and exiting positions easier compared with thinly traded shares.
  • Market Trend Indicators: Movements in small-cap penny stocks under 20 Rs under 20 Rs and mid-cap segments can reflect emerging market opportunities and sectoral shifts.

Risks Associated with Investing in Stocks Under 20 Rs

  • High Price Volatility: Prices often swing sharply in short periods, which can lead to quick gains or losses.
  • Liquidity Challenges: Some stocks are hard to sell quickly, and investors may face higher transaction costs because of wider bid-ask spreads.
  • Limited Financial Transparency: Smaller companies usually share limited financial information, making it difficult to evaluate their stability.
  • Regulatory and Sector Risks: Policy changes or sector disruptions can strongly impact low-priced shares.
  • Amplified Loss Potential: Even small changes in stock under 20 Rs prices can cause large percentage losses compared to higher-priced shares.

Factors to Consider Before Investing in Stocks Under 20 Rs

  • Financial HealthBalance sheets, revenue trends, and debt levels show the company’s stability and financial strength. They help investors see how well the company can manage its obligations.
  • Business Model and Sector: Studying company operations, its industry, and competitive position shows its core activities and how it fits within the broader market landscape.
  • Liquidity and Trading Activity: Average daily trading volumes show how easily investors can buy or sell shares. They reflect market participation and investor interest.
  • Price History and Volatility: Past price movements show how the stock under 20 Rs reacted to market fluctuations. They indicate levels of risk and price stability.
  • External Influences: Regulatory policies, sector-specific rules, and overall market conditions directly affect the company’s operations and stock under 20 Rs performance over time.

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To Wrap Up…

Investing in high potential stocks under 20 Rs gives investors access to low-priced equity shares in India and helps diversify a portfolio, especially for beginners or those with limited capital. Careful due diligence reduces risks and highlights growth possibilities. Studying financials and tracking industry developments helps investors identify strong stocks under 20 Rs while weighing rewards against challenges. Whether reviewing the top 50 shares under 20 Rs or looking for the best stocks to buy under 20 Rs, every investment carries both opportunities and risks.

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Frequently Asked Questions About Stocks Under 20 Rs.

1. Is it safe to invest in stocks under 20 Rs for beginners?

Investing in stocks under 20 Rs for beginners carries risks because of high volatility and limited financial transparency. Careful research and understanding personal risk tolerance help investors evaluate possible outcomes.

2. Which 20 RS share is best?

The under 20 Rs share list changes with market conditions. Here are some of the top stocks under Rs. 20, sorted according to their market capitalisation:

  • Vodafone Idea Ltd
  • Jaiprakash Power Ventures Ltd
  • PC Jeweller Ltd
  • Alok Industries Ltd
  • Avenuesai Ltd

Note: The data on this under 20 Rs share list is as of 30th January 2026 and is sorted by market capitalisation.

3. Are penny stocks under 20 Rs a good investment?

Below 20 Rs shares may offer substantial returns but come with significant risks, making them suitable for risk-tolerant investors.

4. How can I find reliable information about stocks priced under 20 Rs?

You can find reliable information on financial news websites, stock market platforms, company financial reports, and regulatory filings, such as those from the Securities and Exchange Board of India (SEBI).

5. What regulatory concerns should I be aware of when investing in the best stock under 20 Rs?

Be mindful of the potential for manipulation in penny 20 rupees shares and ensure that the companies comply with SEBI regulations and disclosures to avoid scams or fraudulent investments.

6. Who Can Invest in Stocks Under Rs. 20?

Anyone with a Demat account and trading access can invest in below 20 Rs shares, including retail investors, institutional investors, and high net worth individuals. These below 20 Rs shares are accessible to investors with varying capital levels and risk appetites.

7. Can I expect significant returns from stocks under Rs. 20?

Returns from top gainers share under 20 Rs depend on company fundamentals, market conditions, and business performance. While some low-priced stocks may deliver substantial gains, others carry higher volatility and risk. Historical performance varies significantly, and future returns are unpredictable regardless of current stock price.