Stock investment doesn’t always require large investments. You can also invest small amounts and accumulate considerable wealth in the long run. There are several stocks that are available at an affordable price and offer good returns. These shares are from companies with solid fundamentals. Financial advisors always recommend diversifying portfolios. One way to do it is by adding affordable stocks, i.e., below ₹50. In this article, explore the best stocks under ₹50 and also learn about the pros and cons of investing in such low-priced stocks.
Name | Market Cap (₹ in crore) | Close Price (₹) | 5Y CAGR (%) |
Spacenet Enterprises India Ltd | 1,320.63 | 24.3 | 140.82 |
Comfort Intech Ltd | 253.39 | 7.92 | 131.55 |
Global Capital Markets Ltd | 37.44 | 0.94 | 128.21 |
J Taparia Projects Ltd | 81 | 50 | 121.40 |
RRIL Ltd | 382.67 | 31.57 | 120.19 |
Shree Precoated Steels Ltd | 7.55 | 18.23 | 114.66 |
Lloyds Steels Industries Ltd | 5,140.86 | 47.65 | 108.82 |
Jagjanani Textiles Ltd | 33.29 | 21.34 | 107.11 |
Salem Erode Investments Ltd | 45.23 | 39.45 | 99.45 |
Mid India Industries Ltd | 14.33 | 8.79 | 99.24 |
Note: The list of the best stocks under ₹50 are listed as of December 1, 2023, and are sorted as per their 5-year CAGR.
Spacenet Enterprises India Ltd is a leading provider of online advertising solutions, such as content delivery, social networking, etc. The 1-year returns of the company was 15.44%.
This company is involved in the business of shares trading, investment in mutual funds, and goods in various categories, including consumer appliances, home appliances, textiles, electronics, etc. The 1-year returns of the company was 155.48%.
Global Capital Markets Ltd is an investment bank that provides a wide range of financial services, including trading in commodities and shares. The 1-year returns of the company was 437.14%.
J Taparia Projects Ltd is a construction company that specialises in infrastructure projects. The 1-year returns of the company was 751.79%.
RRIL Ltd is engaged in the business of textiles and real estate redevelopment activities in Gujarat and Maharashtra. The 1-year returns of the company was 76.37%.
Shree Precoated Steels Ltd is a manufacturer of pre-coated steel products, such as steel sheets, galvanised coils, etc. The 1-year returns of the company was -19.69%.
This company designs and manufactures heavy equipment, systems and machines for various projects, such as steel, boilers, hydrocarbon, oil and gas, etc. The 1-year returns of the company was 278.17%.
Jagjanani Textiles Ltd is involved in the textiles business, manufacturing cotton and blended fabrics. The company’s products are used in various applications, including apparel, home furnishings, etc. The 1-year returns of the company was 404.49%.
This company is involved in the financial services business, such as investments and lending activities. The 1-year returns of the company were -10.54%.
Mid India Industries Ltd is a manufacturer of cotton or polyester cotton blended yarn. The 1-year returns of the company was -27.65%.
When you invest in shares below 50 rupees, here are a few factors to remember.
Do your research to find the best share to buy below ₹50. Talk to your financial advisor before making a decision. To learn more about stocks and invest in them, open a Demat Account on Angel One today for free. Happy Investing!
Disclaimer: This blog is exclusively for educational purposes. The securities quoted are exemplary and are not recommendatory.
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