Best Stocks To Buy Under Rs 100 in India
Steel Authority of India (SAIL) SAIL, or the Steel Authority of India, is one of the biggest government-owned steel-producing companies. SAIL is a government of India-owned enterprise in the public sector. About 75% of SAIL's equity is owned by the Indian government, which maintains voting control over the business.
Indian Oil Corporation Oil marketing company Indian Oil Corporation Limited is listed on the BSE and NSE. It was ranked first in the Fortune India 500 list in 2016 and 168th in the Fortune Global 500 list in 2017. Indian Oil owns more than 50% market share for petroleum products.
HFCL Incorporated in 1987, HFCL (also known as Himachal Futuristic Communications Limited) is a telecom company based in India. It operates in various manufacturing, R&D, and turnkey solutions segments.
Indian Railway Finance Corp The Indian Railway Finance Corp Ltd. (IRFC) is the country's Ministry of Railways' financing division. The plan outlay of the railways and funding for the locomotives, coaches, and wagons are funded by money that the IRFC raises from the market. The company offers to lease those assets to finance railroad projects and rolling stock.
IIFL Securities IIFL Securities Limited offers capital market services in India's primary and secondary markets. The business is divided into facilities and ancillary, insurance broking, and capital market activity.
Factors to Consider Before Investing in Stocks Priced Under Rs 100
Exploring Value Investing You do not need a lot of money to become a value investor. You did indeed hear correctly. Your current financial situation matters if you have a long-term outlook on the stock market and a track record of patience.
Advantages of Compounding If you did not know, value investment will make you aware of the enormous benefits that compounding can provide. The returns and dividends you earn from value stocks are reinvested if you invest in 100 Rs. stocks for an extended period. Your profit margin will soar dramatically if you do this.
Low-Risk Investment Strategy Because value investing is neither volatile nor short-term, it has been identified as the least risky investment strategy on the stock market. Buying stocks for under 100 rupees exemplifies the buy-and-hold principles of value investing.