There are number of stock price below 100 Rs, and the volume of daily trading is really good in such stocks but before you make investment you must make sure to check the company fundamentals, and other important details, It is always good to make long term investment with such stocks. Here in this blogs we will review some low price stocks.
Top 10 stocks under Rs. 100 given low obligation
The obligation is the cash an organization gets from outside gatherings to finance its business. Similarly, as with any credit, obligation likewise accompanies an expense – interest. In this manner, organizations with low obligations have lower interest payouts. This builds benefits and gives admittance to additional assets for development/extension. Even though the obligation isn’t completely awful, the lower, the better.
Note that zero obligation doesn’t imply that the organization has no liabilities by any means. Obligations and liabilities are unmistakable. The obligation is a subset of liabilities. While obligation is what the organization owes to outsiders, liabilities incorporate accumulated compensation, creditor liabilities, personal duty, and others. Since ‘credit’ is an approach to carrying on with work, an organization can seldom be sans responsibility. Hence, zero obligation turns into a valid statement for assessing a business. Following are the best 10 stocks under Rs. 100 in light of low obligation.
Suzlon Energy (Rs. 7.05)
Suzlon Energy Restricted is a supplier of sustainable power arrangements, for example, sunlight-based irradiance evaluation, land obtaining and endorsements, framework and power clearing, inventory network, establishment, and commission, and so on. It likewise delivers wind turbines. It is a little cap organization having a market capitalization of Rs.9,541.91. Its 1-week change in the volume is – 57.682%, the 1-month normal volume is 12,85,04,560.7 offers.
Vodafone Thought Ltd (Rs. 8.60)
Working in the telecom administration area, Vodafone Thought Ltd was previously Thought Cell Restricted. With a market capitalization of Rs. 27,943.39 cr., Vodafone is a mid-cap organization. Its 1-week change in volume is 18.71%, and the 1-month normal volume is 8,96,43,430.69 offers.
Indian Rail line Money Corp Ltd (IRFC) (Rs.21.45)
Indian Rail route Money Organization Ltd is a funding arm of the Service of Rail routes. It is a mid-cap organization with a market capitalization of Rs. 27,901 cr. also, complete obligation of Rs. 3,88,439.97.
SJVN Ltd (Rs. 32.60)
Working in the nuclear energy section, SJVN Ltd is taken part occupied with age and offer of force. A little cap organization, SJVN has a market capitalization of Rs. 12,850.43 cr. Its net revenue for the last financial was 37.38%. In any case, its typical net revenue over the last 5 yrs is higher at 45.17%.
Rattan India Ventures Ltd (Rs. 49.80)
Rattan India Foundation Ltd gives consultancy administrations to organizations wanting to wander into the age, transmission, and appropriation of force. It additionally takes care of organizations that are currently setting up power age plants. A little cap organization, Rattan Iindia Undertakings Ltd, has a market capitalization of Rs. 7,443.52 cr. While its net revenue for the last monetary was 93.40%, the normal over the last 5 yrs is – 3,86,921.68%.
Indian Oil Corporation (Rs. 67.50)
IOCL is taken part in the refining industry. It is a huge cap organization having a market capitalization of Rs. 95,247.8 cr. It has a complete obligation of Rs. 1,32,019.59 cr.
IDFC Ltd (Rs. 75.05)
IDFC Restricted is a non-banking finance organization, which is taken part in financial planning business. A little cap organization, SJVN has a market capitalization of Rs. 11,292.42 cr. Its net revenue for the last financial was 37.55%. In any case, its typical net revenue over the last 5 yrs is higher at – 97.00%.
Steel Authority of India Ltd (SAIL) (Rs. 79.09)
Steel Authority of India Restricted fabricates level items, for example, HR plates, hot-and cold-moved loops, lines and electric sheets. It is additionally participated in the assembling of long items, for example, thermo precisely treated bars and wire poles. SAIL is a mid-cap organization with a market capitalisation of Rs. 29,368.03 cr. Its DPS for the last financial was Rs. 8.75, and its profit yield for a similar period was 12.30%. The verifiable profit development rate over the last 3 yrs is 159.62%.
GAIL (India) Ltd (Rs. 85.75)
In the last monetary year, GAIL recorded an EPS of Rs. 18.40.
REC Restricted (Rs. 91.95)
REC Ltd is taken part in offering other monetary types of assistance and exercises. With a market capitalization of Rs. 25,055 cr., REC Ltd is a mid-cap organization having an all out obligation of Rs. 3,33,042.67 cr.