Best Performing Stocks Under Rs.100 in India 2024

Introduction 

Do you want to know the best-performing stocks under Rs.100? Don't worry, we've got you covered. In this blog, we've compiled a list of the top 5 best-performing stocks under Rs. 100. Whether you're a beginner investor with limited funds or simply interested in low-priced stocks, these picks could help you maximize your profits.

Important considerations before investing in Stocks Under Rs.100:

Before starting your investment journey, it is important to consider some things:

• Invest in stocks with a long-term outlook. If you are thinking of becoming a Richie Rich overnight after investing in stocks, you should stay away.

• Understand that stock prices can change frequently due to market conditions. It's essential to be patient and not react impulsively to fluctuations.

• It is important to evaluate your risk tolerance before investing in stocks under Rs.100.

• Avoid putting all your money in one stock or industry; diversify your portfolio.

• Understand the industry you are investing in, including growth aspects, market trends, revenue, earnings, profit, and others, to earn optimal gains on your investment.
  
  

Top 5 best-performing stocks under Rs.100. 

 

1-IDFC First Bank (Private Banking)

Current Market Price (CMP): Rs. 79.50

IDFC First Bank is a private bank in India. The company operates in four sectors such as treasury, corporate/wholesale banking, retail banking, and other banking businesses. The Treasury segment manages the bank’s investment portfolio, money market borrowing and lending, investment operations, entire foreign exchange, and derivative portfolio of the bank. The corporate/wholesale banking segment consists of providing loans, non-fund facilities, and transaction services to corporate relationships not included under retail banking and syndication. The retail banking segment consists of individual/business banking customers through the bank network and other delivery channels. The other banking services include revenue from the distribution of third-party products.

 

 

2-NHPC (HydroPower)

Current Market Price (CMP): Rs. 94.55

NHPC is a hydropower company involved in the generation and sale of bulk power to various power utilities. The company also engages in project management, construction contracts, consultancy assignment services, and trading of power. It is currently involved in the construction of eight hydropower projects with a total capacity of around 6434 megawatts. The company has power stations located in various locations. In addition, the company's consultancy services include survey and investigation, planning, design, operation and maintenance, renovation, and other aspects of hydropower projects.

 

 

3-GMR Airports Infrastructure (Airports Infrastructure)

Current Market Price (CMP): Rs. 84.60

GMR Airports Infrastructure, formerly known as GMR Infrastructure, operates integrated airport platforms with a portfolio of airport assets. The company's airport assets include major national and international airports such as Delhi International Airport, Hyderabad International Airport, Goa International Airport, Bidar Airport, and others. Additionally, it provides integrated security solutions managed through RAXA Techno Security Solutions.

4-Suzlon Energy (Wind Energy)

Current Market Price (CMP): Rs. 43.50

Suzlon Group is recognized as one of the top companies for renewable energy solutions. The company specializes in manufacturing wind turbine generators and related components of various capacities. With a robust presence across 17 countries, spanning Asia, Australia, Europe, Africa, and America, Suzlon focuses on delivering high-performance products that offer maximum ROI for its clients. To strengthen its position in the market, the company has strategically collaborated with industry leaders. One major collaboration involved a technical partnership with the German industry leader Südwind Energy GmbH.
 

 

 

5-Easy Trip Planners (Easemytrip)-- (Tourism)

Current Market Price (CMP): Rs. 45.50

Easy Trip Planners is an online travel platform engaged in providing reservation and booking services in the travel and tourism sector. The company operates in various segments, including air passage, hotel packages, and other services. 

In the air passage segment, Easy Trip Planners offers Internet and mobile-based platforms, as well as call centres, to book and service international and domestic air tickets. The hotel packages segment provides holiday packages and hotel reservations. 

Additionally, the company offers other services such as booking rail and bus tickets, taxi rentals, and ancillary value-added services.

Top 5 best-performing stocks under Rs. 100. 

Stock Name	CMP (Rs.)	P/E Ratio	Mar. Cap. (Rs.
IDFC First Bank	79.50	18.32	55,435
NHPC	94.55	25.18	93,600
GMR Airports Infrastructure	84.60	-	50,726
Suzlon Energy	43.50	85.27	58,674
EaseMyTrip	45.50	53.24	8,018

 

 

All these stocks have been carefully selected by our experts and are priced under Rs. 100. They have shown promising returns in the past and are anticipated to generate even better profits in the future. These stocks are particularly attractive to individuals seeking value investing opportunities or those with limited capital to invest.

However, it's essential to conduct your own research and evaluate your risk tolerance before investing in the stock market. This will enable you to make informed decisions and potentially gain valuable returns. It's also advisable to consider investing for the mid to long term to maximize profits.