Are you looking for information related to the Top 5 Best Stocks Under 100 Rupees to Invest in 2024?
If your answer is yes then you are in right place. Here will we discuss 5 stocks that are trading for around 100 rupees and can give good returns in the future.
There are so many stocks under Rs 100 on the Indian stock exchange so it is tough to choose among them. We are providing you with the answer to this difficulty today.
The purpose of this article is to provide you with information on five different companies that are now trading on the stock market at a price of less than Rs.100 each having the potential to provide profitable returns in the years to come.
Top 5 Best Stocks Under 100 Rupees to Invest
| SN | Stocks | Market Cap. |
|---|---|---|
| 1 | Bharat Electronics Limited | 66921 Cr. |
| 2 | SAIL | 34014 Cr. |
| 3 | Marksans Pharma Limited | 3197 Cr. |
| 4 | RailTel Corporation of India Ltd | 3188 Cr. |
| 5 | CESC Limited | 8854 Cr. |
1. Bharat Electronics Limited
Bharat Electronics Limited (BEL), established in 1954, is a significant Indian aerospace and military service company.
The company’s headquarters are in Bengaluru, Karnataka, India, and it mainly works across the defense electronics, radars, communication systems, and electronic warfare areas.
Bharat Electronics Limited has a significant presence in India, with nine manufacturing facilities and several regional offices and service locations distributed throughout the country.
Furthermore, the company has a global presence, having offices and subsidiaries in places including the United States, Australia, and Singapore.
- Headquarters: Bangalore, India
- Chairman & Managing Director: Mr. M.V. Gowtama
- Revenue: INR 13,400 crore (FY 2020-21)
- Number of Employees: Over 12,000
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2. SAIL
The Steel Authority of India Limited (SAIL), is one of the Largest steel-producing companies in India. The company was founded in 1973 and has its headquarters in New Delhi, India.
SAIL sets up and manages many steel-making plants in India and produces a variety of steel products, such as hot-rolled coils, sheets, plates, and wire rods.
likewise, the organization provides services in the fields of engineering, research and development, and consulting.
- Headquarters: New Delhi, India
- Number of steel plants: 5
- Products: hot rolled coils, sheets, plates, wire rods, and other steel products
- Services: engineering, research and development, and consultancy
- Workforce: 69,000+ employees
- Revenues: INR 66,000+ crore (approximately USD 8.8 billion)
- Market capitalization: INR 30,000+ crore (approximately USD 4 billion)
- Ownership: Majority-owned by the Government of India.
3. Marksans Pharma Limited
Marksans Pharma Limited company was incorporated in the year 1992 AD, the primary business of this company is pharmaceutical research and development, manufacturing, and marketing of generic pharmaceutical products.
If we talk about the production capacity of this company, then the company has the capacity to produce 10 billion tablets or capsules annually.
The business of this company associated with the pharma sector is spread in India as well as in other countries like the United States, Europe, Australia, and Canada, and this company is currently focusing on improving its distribution network so that business can be increased
Key information of Marksans Pharma Limited–
| Company name | Marksans Pharma Limited |
| Year founded | 1981 |
| Headquarters | Mumbai, India |
| Business | Pharmaceutical research and development, manufacturing, and marketing of generic pharmaceutical products |
| Manufacturing capacity | Over 10 billion tablets and capsules annually |
| Workforce | Over 3,000 employees |
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4. RailTel Corporation of India Ltd
RailTel was founded in the year 2000 to promote communication among Indian Railways.
This company has a large network of optical fiber, which allows it to assist railways in supplying infrastructure connected to information and communication technologies.
RailTel has contributed major achievements to modernizing Indian Railways.
This company was listed in the stock market of India in the year 2021, currently, its share price is running less than Rs.100, so investing in its share can be a profitable deal.
5. CESC Limited
CESC Limited is a power-producing and distribution company situated in Kolkata, West Bengal, India. It originated in 1879 as the Calcutta Electric Supply Corporation and is one of India’s oldest and biggest private-sector power companies.
CESC operates four thermal power plants with an overall capacity of 1225 MW, as well as sourcing power from other producing stations, to serve nearly 3 million consumers in Kolkata and the adjacent areas. The business is licensed to run and maintain the Kolkata electricity distribution network until 2033.
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Conclusion
Through today’s post, we have shared details information related to the Top 5 Best Stocks Under 100 Rupees to Invest in 2024 with you. Hope, this information would be beneficial for you.
If you want to invest in any of these stocks then you should do an analysis or take advice from your financial advisor.
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