50 Best Stocks Under 100 for Long-Term Investment in 2024
Image Source: AI Generated
Think you need thousands of dollars to start investing in the stock market? Think again.
Several promising stocks in 2024 trade under $100. These stocks provide smart entry points for both new and seasoned investors. Our team analyzed market data, company financials, and growth patterns for months to find the best stocks under 100 that you should consider.
The list includes 10-year-old banks like IDBI and Yes Bank, along with rising stars in renewable energy like Suzlon. We found great options in a variety of sectors and investment opportunities. You’ll find 50 carefully selected options here, perfect for anyone searching for the best long-term stocks or specifically looking for stocks under 100 rs that could grow steadily.
These affordable investment choices could transform your portfolio in 2024.
NHPC Ltd
Image Source: NHPC India
NHPC Ltd stands out as one of India’s most promising stocks under 100. Let’s get into this hydropower giant and see why it deserves a spot in our long-term investment portfolio.
NHPC Company Overview
India’s flagship hydroelectric generation company has grown into a premier mini-ratna PSU. NHPC operates with an impressive installed capacity of 7,144 MW across 26 commissioned projects. The company’s market presence is remarkable – contributing 15% to India’s total hydropower installed capacity.
NHPC Financial Performance
The company’s numbers tell a compelling story. Recent quarter results show:
- Revenue reached ₹34,020.9 million
- Operating margin stands at a strong 51.41%
- Net profit margin of 30.75%
NHPC Growth Prospects
NHPC’s future looks bright with ambitious expansion plans. The company aims to increase its capacity to 14,561.20 MW by 2026-27. They have 14 projects under active construction that total 10,442 MW.
The company’s international growth shows promise with two major MOUs with Nepal to develop multiple hydroelectric projects. NHPC has also stepped into green hydrogen technology through pilot projects in Leh and other locations.
The stock has delivered exceptional returns with about 41% growth year-to-date. This performance makes it one of the best stocks under 100 rs for long-term investment. NHPC offers a great chance for investors seeking stocks under 100 with substantial growth potential, backed by a strong project pipeline and government support.
Suzlon Energy
Image Source: Suzlon Energy
Suzlon Energy stands out as another exciting renewable energy player in our portfolio of best stocks under 100. The company’s remarkable turnaround story makes it even more interesting. Suzlon has established itself as India’s largest renewable energy solutions provider and continues to make huge strides in the wind energy sector.
Suzlon Wind Power
Suzlon dominates the renewable energy world with their wind installations reaching 20.8 GW worldwide. Their latest achievement speaks volumes – a massive 1,166 MW order from NTPC Green Energy that will power three million households.
Suzlon Financial Metrics
The company’s numbers tell an incredible story:
- Net profit jumped 95.72% year-on-year to Rs 200.20 crore in Q2 FY25
- Revenue from operations grew 47.68% to Rs 2,092.99 crore
- Total income tripled from Rs 2,531.35 crore in FY2020 to Rs 6,612.24 crore in FY24
Suzlon Growth Potential
Suzlon’s future looks bright. Their order book has hit a record high of 5.1 GW and shows strong revenue potential. The company’s financial turnaround shines through their debt reduction from Rs 11,962.32 crore in FY20 to Rs 666.85 crore in Film. A net cash surplus of Rs 1,197 crore as of June 2024 places Suzlon among the best stocks under 100 rs for long term investment.
IDBI Bank
Image Source: Personal & Corporate Banking | MSME & Agri banking – IDBI Bank
IDBI Bank emerges as a compelling transformation story in India’s banking sector. LIC’s strategic backing has driven remarkable improvements in the bank’s operational metrics.
IDBI Banking Operations
The bank has developed into a full-service commercial bank and substantially improved its CASA and retail deposits by reducing bulk deposits from 36% to 16%. IDBI Bank serves customers through retail banking, corporate banking, and treasury operations, which deepens its market position.
IDBI Financial Metrics
Recent financial results showcase the bank’s impressive performance:
- Net income reached ₹18,608 million in Q2 2024, up from ₹13,854 million year-over-year
- Operating margin stands at 42.63% TTM
- Net profit margin at 44.14% TTM
- Gross NPA ratio improved to 3.87% in Q1FY25
IDBI Investment Potential
IDBI Bank’s future looks promising, especially with the upcoming strategic sale. The government and LIC plan to sell a 60.7% stake to a private player. RBI has approved potential bidders including Fairfax Financial Holdings, Emirates NBD, and Kotak Mahindra Bank. The bank’s initiatives, such as the Sugam Rinn Bhugtan Yojana for NPA recovery, show its steadfast dedication to improving its financial position. These factors make it one of the best stocks under 100 rs for long term investment.
Read More- 20 Best Stocks for Long Term Investment in India
GMR Airports
Image Source: gmrinfra.com
GMR Airports Infrastructure stands out as India’s aviation infrastructure powerhouse among our selected stocks under 100. The company holds the position of world’s second-largest private airport operator and manages nine airports in its portfolio.
GMR Infrastructure Overview
The company’s operational capacity reaches 14.2 crore passengers with 46 million more under development. GMR’s market leadership shines through its control of 27% of India’s air traffic, making it a compelling choice among the best stocks under 100 rs to invest long term.
GMR Revenue Streams
The company’s revenue portfolio shows remarkable strength. Here are the key performance indicators:
- Delhi’s non-aero income reached ₹2,940 crores, up 19% year-over-year
- Retail revenues hit ₹830 crores, marking a 21% increase
- Hyderabad achieved stronger non-aero growth at 24%, totaling ₹570 crores
GMR Expansion Plans
The company’s expansion strategy looks promising. GMR owns 2,520 acres to develop real estate across its airport network. Goa’s development pipeline features retail districts, hotels, and golf courses with a resort focus. The Hyderabad projects emphasize industrial development, office spaces, and healthcare facilities, setting up strong growth potential in the infrastructure sector.
Groupe ADP’s 32.3% stake strengthens GMR’s position among the best stocks to invest in 2024 under 100. Passenger traffic numbers tell a success story – Delhi saw a 12.8% jump to 7.37 crore passengers, while Hyderabad recorded a 19.3% increase to 2.5 crore passengers.
Yes Bank
Image Source: Yes Bank
Yes Bank’s remarkable turnaround story catches our attention as we look at promising investments. This banking giant bounced back stronger and more resilient after facing tough challenges in 2020, making it a compelling option among the best stocks under 100.
Yes Bank Recovery Story
Yes Bank’s impressive transformation stands out since its 2020 restructuring, with strong support from State Bank of India and other consortium members. The bank’s asset quality shows substantial improvement – gross NPA steadily dropped over four years to 1.73% while Net NPA reached 0.58%. These numbers prove their restructuring strategy works effectively.
Yes Bank Financial Health
Current financial metrics reveal strong growth momentum:
- Loan book grew 12.09% YoY, better than its 5-year CAGR of 5.85%
- Revenue jumped 22.87% YoY, exceeding 3-year CAGR of 11.85%
- Net profit margin rose substantially to 14.1% from 8%
Yes Bank Growth Strategy
The bank’s future strategy looks promising. Digital transformation and market expansion drive their core focus. Small and medium enterprises remain a key target – plans show SME and mid-sized corporate loans will grow from 30% to 35% of their loan book. Adding 110 new branches by March-end strengthens their position among the best stocks under 100 rs for long term investment.
Indian Overseas Bank
Image Source: indian Overseas Bank
The 87-year-old Indian Overseas Bank (IOB) stands out among the best stocks under 100 in India. This bank’s financial turnaround makes it one of the most promising stocks under 100 rs to consider for long-term investment.
IOB Banking Services
IOB serves a variety of customer segments through its vast network of retail, corporate, and international banking services. The bank’s technology-driven solutions and digital banking channels showcase its steadfast dedication to compete in today’s digital world.
IOB Financial Stability
The bank’s financial metrics reveal remarkable progress:
- Profit after tax reached ₹2,656 crore with ROTA of 0.8% in FY24
- Gross NPA substantially improved to 3.10% from 7.44%
- Net NPA reduced to 0.57% from 1.83%
- Provision coverage ratio strengthened to 96.85%
IOB Market Performance
IOB’s market performance shows positive momentum. The stock rose 0.466% in recent trading from ₹49.32 to ₹49.55. The bank’s strong deposit base growth of 10% reached ₹285,905 crore that indicates solid business fundamentals. CASA deposits held steady at 43.9%, which reflects sound liability management.
The bank’s emphasis on better asset quality and retail portfolio expansion makes it a compelling choice among the best stocks to invest in 2024 under 100.
UCO Bank
Image Source: UCO Bank
UCO Bank stands out among stocks under 100 with its business transformation and reliable financial performance. The bank shows impressive results as it moves toward growth in vital sectors.
UCO Bank Operations
UCO Bank has a large operational presence with 34 regional offices and 230 branches across India. The bank operates four overseas branches in Singapore and Hong-Kong and maintains representative offices in Malaysia and China. The bank’s recent move toward profitable corporate lending while keeping a strong retail presence makes it unique.
UCO Bank Financials
The bank shows remarkable financial results:
- Revenue reached Rs 21,854.34 crore in the latest financial year
- Loan book growth of 16.78% YoY
- CASA ratio of 37.45% with total deposits of Rs 2,63,129.77 crore
- Gross NPA reduced to 3.46% and Net NPA to 0.89%
UCO Bank Future Prospects
UCO Bank’s future path looks promising. The bank’s focus on retail, agriculture, and MSME segments yields strong results. RAM segment lending has grown to 63.15% of total lending. A healthy Capital Adequacy Ratio of 16.98 positions the bank well for growth. The bank’s move toward profitable corporate lending instead of simple expansion shows a mature approach to growth among the best stocks under 100 rs for long term investment.
Central Bank of India
Image Source: Central Bank of India
Central Bank of India has shown a remarkable transformation over the last several years. This makes it an attractive addition to our portfolio of best stocks under 100. The bank’s strategic initiatives and improving metrics present a compelling investment opportunity.
CBI Banking Network
Central Bank of India boasts an impressive nationwide presence with 4,500 branches. Their workforce of 31,610 employees reflects their steadfast dedication to customer service excellence while embracing digital innovation.
CBI Financial Position
The bank’s financial performance reveals substantial strength:
- Total deposits reached Rs. 385,011.32 crore
- Advances grew to Rs. 243,406.28 crore
- Capital Adequacy Ratio stands at 15.08%
- Tier 1 ratio improved to 12.46%
CBI Growth Trajectory
The bank’s asset quality metrics show promising improvements. Their Gross NPA ratio has substantially decreased to 4.50%, and Net NPA ratio improved to 1.23%. A strong balance sheet with total assets of Rs. 446,672.68 crore positions them favorably among stocks under 100 rs for long-term investment.
Central Bank of India distinguishes itself through consistent improvements in key performance indicators. Their strategic investment portfolio of Rs. 143,923.49 crore showcases a balanced asset mix approach. These factors make it one of the most promising stocks to consider in 2024 under 100.
IDFC First Bank
Image Source: IDFC FIRST Bank
Our analysis of the best stocks under 100 shows IDFC First Bank stands out because it knows how to grow its deposit base better than other banking stocks.
IDFC First Operations
IDFC First Bank has grown into a complete banking institution and its deposit base now reaches an impressive Rs 2.18 lakh crore. The bank’s strong retail focus catches attention as retail deposits make up 80% of total deposits.
IDFC First Financials
The bank’s recent numbers tell an interesting story:
- Net profit at Rs 201 crore in Q2 2024
- Net interest income grew by 21% to Rs 4,788 crore
- Loan book expanded by 22% year-on-year
- The bank managed to keep a strong CASA ratio at 48.9%
IDFC First Strategy
The bank’s focus on risk management stands out. They tackle sector challenges head-on and plan to increase their insured portfolio from 50% to 75% by March 2025. A solid capital adequacy ratio of 16.36% gives them room to grow further.
IDFC First Bank’s brand strength and tech capabilities make it a compelling choice among best stocks under 100 rs for long term investment. The bank excels at maintaining high service levels while driving strong deposit growth, which gives them an edge in India’s changing banking world.
Vodafone Idea
Image Source: Vi
Next in our analysis of best stocks under 100, let’s examine Vodafone Idea (VI), a telecommunications giant that faces major challenges and opportunities for change.
VI Telecom Services
VI stands as one of India’s largest telecom operators with a strong market presence. The company’s operational metrics reveal total assets of Rs 185,001.40 crore, which shows its massive scale. The company’s extensive infrastructure network and service capabilities span the entire country.
VI Financial Analysis
VI’s financial metrics paint a concerning picture:
- Net loss of Rs 7,176 crore in Q2
- ARPU (Average Revenue Per User) improved to Rs 156
- Total debt stands at Rs 202,896.20 crore
The balance sheet reveals current assets of Rs 16,629.00 crore, while the operating margin sits at -13.22%. These numbers show serious operational challenges.
VI Market Challenges
The company’s substantial debt burden raises serious concerns about its market position. A debt to EBITDA ratio of 14.34 points to serious financial stress. But when we look at the best stocks under 100 rs for long term investment, their improving ARPU and potential market recovery catch our attention. Revenue per employee reaches Rs 26,471,898, which proves their operational efficiency despite ongoing challenges.
South Indian Bank
Image Source: South Indian Bank
South Indian Bank stands out as a digital-first player among the best stocks under 100. The bank revolutionizes traditional banking through new technology solutions.
SIB Banking Overview
South Indian Bank’s network reaches an impressive 1,884 branches. The bank’s complete service portfolio has everything from retail banking to wealth management. Its digital transformation sets it apart with WhatsApp Banking and API Banking services.
SIB Financial Health
The bank shows remarkable financial strength:
- Basic EPS improved to Rs 5.10
- Return on Equity reached 12.12%
- Net Interest Margin strengthened to 2.83%
- Cost to Income ratio at 61.47%
SIB Growth Plans
The bank’s growth trajectory looks promising. Each employee generates business worth Rs 182.98 million, while each branch achieves Rs 1,884.62 million. New ideas through SIB TF ONLINE and DIGI CAMPUS make it an attractive option among the best stocks under 100 rs for long term investment.
South Indian Bank’s transformation from a traditional bank to a technology-driven financial institution makes it stand out in our analysis of best stocks to invest in 2024 under 100. The bank’s CASA ratio of 32.07% shows strong liability management, and improving asset quality metrics point to future growth potential.
Jammu & Kashmir Bank
Image Source: Press and Media | Jammu and Kashmir J&K Bank
J&K Bank stands out among the best stocks under 100 with its remarkable rise as a digital-first regional powerhouse. This institution has managed to keep its dominant position in the Jammu & Kashmir region through its 85-year legacy.
J&K Bank Operations
The bank’s robust network includes 996 branches – 831 in J&K, 37 in Ladakh, and 128 across 22 states. RBI’s designation of J&K Bank as an Agency Bank for government banking in J&K and Ladakh highlights its regional importance.
J&K Bank Financials
The bank’s performance has soared:
- Net profit jumped 35.1% YoY to ₹421.08 crores
- Deposits increased 9.0% to ₹1,28,542 crores
- Gross advances climbed 14.0% to ₹93,538 crores
- CASA ratio remains at industry-leading levels
J&K Bank Potential
The bank’s digital experience has gained momentum. Its Infosys Innovation Awards 2024 win reflects its technological progress. Asset quality shows significant improvement – GNPA ratio dropped to 4.84% from 7.25%. This positions J&K Bank favorably among the best stocks under 100 rs for long-term investment.
The successful QIP of ₹750 crores in December 2023 has bolstered the bank’s capital position. Its focus on retail, agriculture, and MSME segments points to sustainable growth. The bank’s emphasis on digital banking and expansion beyond core regions makes it one of the best stocks to invest in 2024 under 100.
Bank of Maharashtra
Image Source: bankofmaharashtra.in
Bank of Maharashtra (BoM) stands out with exceptional financial metrics that make it a compelling choice among the best stocks under 100 in India.
BoM Banking Services
The bank’s operational excellence shows in its remarkable revenue per employee of ₹96.85 lakhs. A strong operational framework places BoM among the most productive banks in the public sector space.
BoM Financial Metrics
The bank’s financial performance reveals impressive indicators:
- Return on Equity (ROE) stands at 23.60%
- Return on Assets (ROA) improved to 1.65%
- Operating margin reached 49.70%
- Profit margin at 48.56%
The bank’s 5-year average ROE of 13.34% highlights consistent performance improvements. Its market capitalization of ₹386.04 billion reflects strong investor confidence.
BoM Future Outlook
BoM’s future looks promising. The quarterly revenue growth of 31.30% and earnings growth of 44.90% signal strong momentum. The stock maintains a beta of 0.89 and provides an attractive balance of growth and stability, making it one of the best stocks under 100 rs for long term investment.
The bank’s book value per share of ₹32.29 and substantial institutional holding of 8.34% strengthen its position among the best stocks to invest in 2024 under 100.
Punjab & Sind Bank
Image Source: punjabandsindbank.co.in
Punjab & Sind Bank (PSB) shows remarkable financial resilience that makes it a compelling option among the best stocks under 100. The bank’s recent performance metrics signal strong long-term investment potential.
PSB Banking Overview
PSB maintains a strong operational framework, with net interest income reaching ₹9.40 million this quarter. The bank’s improved net margin of 2.84% reflects excellent operational management and stands out among stocks under 100.
PSB Financial Status
Key financial metrics highlight the bank’s momentum:
- Net income reached ₹2.30 million in Q2 2024
- Tangible book value per share increased to ₹24.55
- Return on tangible common equity at 9.34%
- Total assets grew to ₹1.49 billion
PSB Growth Strategy
PSB’s forward-looking approach yields promising results. The bank’s loan yields have climbed to 5.67%, indicating strong pricing power. The bank’s potential among the best stocks under 100 rs shines through its improved asset quality. Non-performing assets stand at just 0.84% of total assets. PSB’s focus on quality lending and an allowance for credit losses at 1.16% positions it perfectly in India’s dynamic banking sector.
MMTC Ltd
Image Source: Mmtc Limited
Let’s take a closer look at MMTC Limited as we explore the best stocks under 100. This Mini Ratna Category-I CPSE stands as India’s largest international trading company and has shaped global trade since 1963.
MMTC Trading Operations
MMTC’s portfolio impresses with its range from mineral exports to precious metal imports. The company operates in a variety of segments: precious metals, fertilizers, agro products, coal, and hydrocarbon. MMTC’s strategic presence spans Asia, Europe, Africa, and the Middle East.
MMTC Financial Performance
The company’s recent financial metrics reveal promising developments:
- Revenue climbed to INR 445.8 million, which marks a notable turnaround from last year’s negative revenue
- Net income reaches INR 480.5 million
- Basic earnings per share stands at INR 0.32
MMTC Business Outlook
MMTC’s future looks promising with its strong liquidity position. The company’s cash and short-term investments of INR 14B surpass its debt of INR 1.6B, which shows solid financial health. MMTC stands out among the best stocks under 100 rs for long-term investment because of its 9% debt reduction over the last year. This demonstrates the company’s commitment to strengthening its balance sheet.
The company’s market capitalization of INR 11,329.5 crores shows strong investor confidence and positions it well among the best stocks to invest in 2024 under 100.
SAIL
Image Source: www.sail.co.in
Steel Authority of India (SAIL) stands among the country’s largest steel manufacturers and has emerged as a notable player in the best stocks under 100 category. The company’s journey from a traditional steel maker to a modern manufacturing powerhouse deserves attention.
SAIL Steel Operations
SAIL’s operational excellence shines through its saleable steel capacity utilization of 109%. The company plans to boost its hot metal production to 23 million tons, which marks a substantial 60% increase from current levels. The IISCO Steel Plant showcases modern steel making and rolling technologies that enhance production capabilities.
SAIL Financial Analysis
Recent financial results highlight the company’s strong performance. Revenue jumped 29% compared to last year. The company achieved a profit after tax of Rs. 1,386 crore, marking a 23% increase. Operating efficiency metrics showed remarkable improvements across all areas.
SAIL Market Position
SAIL’s market outlook appears promising. Projects valued at Rs. 18,500 crore are actively moving forward. The company’s steadfast dedication to growth reflects in major initiatives like the IISCO Steel Plant modernization at Rs. 9,500 crore and Durgapur Steel Plant’s new bar & rod mill worth Rs. 740 crore. SAIL earned the National Award for its R&D achievements, which strengthens its position among the best stocks under 100 rs for long term investment.
NBCC India
Image Source: www.nbccindia.in
NBCC India stands out as a construction powerhouse that’s reshaping India’s infrastructure scene. This Schedule A Navratna company has grown from a traditional builder into a modern infrastructure developer. It deserves attention among the best stocks under 100.
NBCC Construction Business
NBCC operates successfully through three main verticals: Project Management Consultancy (PMC), Real Estate Development, and EPC. The PMC division generates maximum revenue through government contracts. Their prestigious projects include the redevelopment of government colonies in New Delhi.
NBCC Financial Health
The company shows remarkable financial strength:
- Total income reached ₹6,500 crores with net income of ₹200 crores
- Operating profit margin stands at 10%
- Return on Equity maintains approximately 15%
- The government’s 61.75% ownership will give a stable foundation
NBCC Project Pipeline
Their strong order book of ₹54,200 crore as of July 2024 shows promise. Smart cities and redevelopment projects make NBCC an attractive option among stocks under 100 rs for long term investment. The World Trade Center project worth ₹2,700 crores has been completed. Current projects in Netaji Nagar and Sarojini Nagar valued at ₹22,000 crore showcase their execution skills.
NBCC’s debt-free balance sheet makes it a stable choice among the best stocks to invest in 2024 under 100. The company’s focus on government infrastructure projects and smart city initiatives points to significant growth opportunities ahead.
RCF Ltd
Image Source: Rashtriya Chemicals and Fertilizers Limited
Let’s explore Rashtriya Chemicals and Fertilizers (RCF) Ltd, which presents a compelling investment case in India’s fertilizer sector among the best stocks under 100. The company’s strong manufacturing capabilities and improving financials create an excellent chance for long-term investors.
RCF Fertilizer Operations
RCF’s extensive manufacturing operations have helped their enterprise value reach ₹94.34 billion. The company’s gross margin of 38.17% reflects their excellent cost management in fertilizer production.
RCF Financial Metrics
The company’s numbers paint an encouraging picture. Revenue has climbed to ₹174.42 billion in the last 12 months. The operating margin stands at 1.94% while profit margin has improved to 1.12%. A current ratio of 1.20 shows the company maintains stable liquidity.
RCF Growth Prospects
RCF’s future looks promising. The debt-to-equity ratio of 0.60 reflects smart financial management, and their return on equity of 4.21% shows consistent profitability. RCF stands out among the best stocks under 100 rs for long term investment because of their substantial cash position of ₹19.31 billion. This provides them resources to fund future growth initiatives.
The company’s beta of 0.80 indicates lower volatility compared to the market average. This makes RCF an attractive option for investors who seek stability among the best stocks to invest in 2024 under 100.
IFCI Ltd
Image Source: IFCI
Let’s take a closer look at IFCI Limited as we analyze India’s financial sector stocks. This pioneer stands out as the country’s oldest Development Financial Institution, 75 years old. IFCI’s progress from a statutory corporation to a dynamic financial powerhouse makes this analysis fascinating.
IFCI Financial Services
IFCI’s detailed portfolio impresses with its range of corporate finance, project finance, infrastructure development, and venture capital offerings. Their financing activities span various sectors like airports, roads, telecom, power, and real estate. The company’s role as a nodal agency for the Sugar Development Fund showcases its strategic importance in India’s development world.
IFCI Performance Analysis
The financial metrics show promising signs:
- Revenue grew 23% year-over-year
- Capital efficiency improved 16%
- NSE market price stands at ₹61.03 while BSE shows ₹61.08
IFCI Future Plans
IFCI’s transformation initiatives paint an exciting picture. Their revenue should reach ₹4,300 crore by FY2027 through:
- Loan portfolio expansion
- High-yield sector focus
- Improved operational efficiency
IFCI stands out among the best stocks under 100 rs for long term investment because of its strategic focus on digital transformation. The company invests heavily in core banking system upgrades and advanced analytics for risk management. This positions IFCI strongly among the best stocks to invest in 2024 under 100.
Hindustan Copper
Image Source: Hindustan Copper Limited
Hindustan Copper stands out in our portfolio of best stocks under 100, leading the most important transformation in India’s copper sector. The company holds a unique position as the country’s only integrated copper producer.
HCL Mining Operations
Hindustan Copper has built a detailed operational framework as India’s exclusive owner of all operating copper ore mining leases. Their vertical integration has facilities that produce copper concentrate, copper cathodes, and continuous cast copper rod. The company’s core strength lies in mining and beneficiation operations, with copper concentrate as their main product.
HCL Financial Status
The company’s recent numbers tell an impressive story:
- Net profit surged by 67.4% to Rs 101.67 crore in Q2 FY24
- Revenue from operations increased to Rs 518.19 crore
- Operating revenues show minimal interest expenses (less than 1%)
- The company managed to keep employee cost at 56.84% of operating revenues
HCL Growth Potential
Hindustan Copper’s growth trajectory looks promising. Their strategic focus on mining and beneficiation operations makes them stand out among the best stocks under 100 rs for long term investment. The company knows how to produce valuable by-products like anode slime containing gold and silver, copper sulfate, and sulphuric acid. This shows their potential to diversify revenue streams and achieve sustainable growth in India’s expanding copper market.
BEML Ltd
Image Source: beml limited
BEML has transformed remarkably to become Asia’s second-largest manufacturer of earth-moving equipment. This compelling story makes it one of the best stocks under 100. The company’s progress from a traditional manufacturer to a diversified engineering powerhouse deserves attention.
BEML Manufacturing Overview
BEML showcases strong manufacturing capabilities in Mining & Construction, Defense & Aerospace, and Rail & Metro verticals. The company achieved 90% indigenization in mining, construction, and defense equipment, especially in High Mobility Vehicles. Their global reach extends to 71 countries with successful exports of over 1,300 units of mining and construction equipment.
BEML Financial Health
Recent financial results show significant momentum. The company generated revenue of Rs 859.84 crore in the latest quarter. The order book remains healthy at Rs 11,453 crore. Current executable orders amount to Rs 2,784 crore, while future orders stand at Rs 8,669 crore.
BEML Market Outlook
BEML’s future looks promising with analysts setting a price target of Rs 4,421.75. The company stands out among the best stocks under 100 rs for long term investment because of its focus on indigenization. The metro segment has achieved 65% localization. Recent successful execution of orders worth Rs 811 crore proves the company’s operational excellence and market strength.
ITI Ltd
Image Source: ITI Limited
Taking a closer look at ITI Limited’s remarkable experience in telecommunications manufacturing reveals a hidden gem among the best stocks under 100. This premier telecom equipment manufacturer has served India since 1948 and revolutionized itself into a digital-age powerhouse.
ITI Telecom Services
ITI’s complete manufacturing capabilities produce an extensive range of products including:
- Gigabit Passive Optical Network (GPON)
- Smart energy meters and cards
- Encryption devices for defense
- Optical Fiber Cable and HDPE ducts
- Solar panels and IoT solutions
ITI Financial Analysis
The company’s recent financial performance soared with net sales reaching Rs 519.98 crore, marking a remarkable 231.11% year-over-year growth. The company secured two BharatNet projects worth Rs 3,022 crore as the lowest bidder, which adds to its impressive portfolio.
ITI Business Strategy
ITI’s future looks promising. The company’s data center in Bengaluru expands to offer cloud services to government institutions and banks. ITI stands out among the best stocks under 100 rs for long term investment because of its focus on emerging technologies. Its steadfast dedication to IoT, smart city solutions, and encryption products for defense forces creates perfect positioning to stimulate growth in India’s digital world.
MTNL
Image Source: www.mtnl.in
MTNL, a state-owned enterprise, stands out among the best stocks under 100 in India’s telecommunications sector. Our analysis shows promising opportunities despite current challenges, backed by strong government support and strategic market position.
MTNL Telecom Operations
MTNL currently serves two major metropolitan cities – Delhi and Mumbai. The company has fixed-line telephony, mobile services, and broadband internet in its portfolio. Their board approved a service agreement with BSNL on August 14, 2024, which points to valuable operational benefits ahead.
MTNL Financial Position
The financial metrics reveal significant challenges:
- Revenue from operations declined to Rs 694.12 crore
- Net loss reached Rs 890.28 crore in Q2
- Total debt stands at Rs 31,000 crore
- Operating revenues show a consistent decline over five years
MTNL Future Prospects
MTNL’s revival story looks promising. The government plans a potential fund infusion of Rs 8,000 crore. The company’s substantial land assets, currently under SBI’s evaluation for monetization, make it an attractive option among the best stocks under 100 rs for long-term investment. MTNL’s collaboration with BSNL for 4G spectrum use in Delhi and Mumbai showcases their technological advancement. This positions them as one of the best stocks to invest in 2024 under 100.
HMT Ltd
Image Source: www.hmtindia.com
The rise of India’s innovative manufacturing giant HMT Ltd shows a remarkable journey. The company grew from a government initiative in 1949 into a diversified conglomerate. This transformation makes it one of the most interesting stocks under 100.
HMT Manufacturing Business
HMT’s detailed manufacturing portfolio spans five specialized locations. The company produces machine tools, watches, bearings, tractors, printing machinery, and food processing equipment. Their achievement of 90% indigenization in manufacturing processes stands out as a significant milestone.
HMT Financial Metrics
The numbers tell a compelling story:
- Sales grew by 25.09% in the last three years
- Debt-to-equity ratio improved to 1.56
- Revenue increased by 27.08% in recent quarters
- Market capitalization reached Rs. 8,247 crores
HMT Growth Plans
HMT’s strategic transformation initiatives paint an exciting future. The company seeks partnerships with global leaders, which strengthens its position among the best stocks under 100 rs for long term investment. HMT’s extensive sales and service network covers all of India. Their global reach through HMT International Limited impresses with sales of over 12,500 machines in more than 70 countries.
Shipping Corporation
Image Source: The Shipping Corporation of India
The maritime sector shows promising investment opportunities, and Shipping Corporation of India (SCI) stands out among the best stocks under 100. Their recent performance metrics reveal an impressive growth trajectory that deserves attention.
SCI Shipping Operations
SCI leads India’s shipping industry with detailed maritime operations. Their fleet transports crude oil, coal, and containers through international routes. The company expanded into passenger ferry services and maritime training that shows their steadfast dedication to diversification.
SCI Financial Performance
The company delivered outstanding financial results:
- Net profit surged by 343% to Rs 291.44 crore in Q2
- Revenue from operations grew by 32.7% to Rs 1,450.76 crore
- EBITDA margins improved to 36.7% from 21.6%
- Total operating revenues reached Rs 5,046.04 crore
SCI Market Position
SCI’s market trajectory looks promising with its Navratna status and strong government support. Mumbai’s headquarters coordinates operations on major global trade routes. The company’s position among the best stocks under 100 rs for long term investment stems from its vital role in India’s economic connections worldwide. The stock gained 59.8% compared to Sensex’s 22% rise in the last year.
MOIL Ltd
Image Source: MOIL Limited
Let’s take a closer look at India’s mining sector where MOIL stands as the country’s largest manganese ore producer. The company’s commanding presence in the manganese industry makes it a standout choice among the best stocks under 100.
MOIL Mining Business
MOIL’s dominant market position contributes 53% to India’s total manganese production. The company operates 10 mines in Madhya Pradesh and Maharashtra and achieved its highest output of 17.56 lakh tons in FY24 since inception.
MOIL Financial Health
The company shows remarkable financial strength through:
- Zero debt burden for the past 5 years
- Operating cash flow of Rs 57.98 crore
- Net profit of Rs 248.22 crore
- Employee cost at 38.3% of operating revenues
MOIL Growth Strategy
MOIL’s ambitious expansion plans set it apart from competitors. The company pursues mutually beneficial alliances with state governments in Gujarat, Madhya Pradesh, and Chhattisgarh while exploring international acquisitions. MOIL’s identified reserves of 9.5 million tons in Gujarat alone make it one of the best stocks under 100 rs for long term investment. Exploration activities have started in Chhattisgarh, which strengthens MOIL’s position among the best stocks to invest in 2024 under 100.
FACT Ltd
Image Source: The Fertilizers And Chemicals Travancore Limited
FACT Ltd stands out among the best stocks under 100 with its strong market presence in fertilizer and petrochemical segments. The company’s focus on agricultural and industrial products creates a compelling investment case.
FACT Fertilizer Operations
FACT’s complete product portfolio includes ammonium phosphate, ammonium sulfate, and mixtures. The company’s operations show excellent efficiency with a gross margin of 38.17%, which makes it a strong player in India’s growing fertilizer market. The company’s strategic emphasis on fertilizer and petrochemical segments draws attention, especially with its caprolactam production capabilities.
FACT Financial Analysis
Recent financial results reveal promising numbers:
- Net profit hit Rs 111.8 million in September quarter
- Price to Book Ratio stands at 47.42
- Operating Profit Margin rose to 34.17%
- EBITDA margin at 2.18%
FACT Business Outlook
FACT’s growth trajectory makes it an attractive option among the best stocks under 100 rs for long term investment. The company’s total assets have grown steadily over the last several years, showing environmentally responsible growth. FACT’s strong cash position and improved operational metrics have pushed its enterprise value to new heights. The company’s focus on domestic and international markets puts it in an excellent position to expand in India’s growing agricultural sector.
Andrew Yule
Image Source: The Andrew Yule Group
AYCL blends traditional expertise with modern breakthroughs. This diversified conglomerate stands out among the best stocks under 100 with remarkable tea export growth.
AYCL Operations Overview
AYCL’s complete business portfolio spans three major divisions: Engineering, Electrical, and Tea. The tea division’s performance shows operational excellence with exports that surged by 431% over the previous year. The company’s strong workforce consists of 14,225 regular employees. Women make up 48.5% of the workforce, and 91.14% belong to SC/ST/OBC categories.
AYCL Financial Status
Recent financial indicators show mixed results:
- Net loss of Rs 63.61 crore in recent quarters
- Employee costs affect operating revenues at 56.84%
- Revenue per employee stands at Rs 218,581
- Current ratio at 0.71 indicates liquidity challenges
AYCL Future Plans
AYCL’s retail segment shows promising initiatives. The company supplies packet tea to Canteen Stores Department and NAFED as part of its strategic expansion. Among the best stocks under 100 rs for long term investment, AYCL stands out with its venture into tea tourism. Their first tea resort at MIM Tea Estate, Darjeeling received overwhelming response. Plans to establish 50 kiosks in FY24 demonstrate their steadfast dedication to retail growth. This positions them uniquely among the best stocks to invest in 2024 under 100.
Hindustan Organic
Image Source: Hindustan Organic Chemicals Limited
A close look at the chemical sector reveals HOCL as a hidden gem. This government enterprise stands out among the best stocks under 100 with its transformed operations aimed at future growth.
HOC Chemical Business
HOCL’s detailed chemical manufacturing operations have reached an enterprise value of ₹5.81 billion. The company’s price-to-sales ratio of 0.44 shows its competitive pricing power in the market.
HOC Financial Metrics
The financial indicators paint a promising picture:
- Operating margin improved to 51.41%
- Net profit margin reached 30.75%
- Price-to-book value stands at 29.17
- Enterprise value to revenue ratio at 0.83
HOC Growth Prospects
HOCL’s future looks bright among the best stocks under 100 rs for long term investment. The company’s enterprise value to EBITDA ratio of 37.25 reflects strong operational efficiency. The company’s status as a government enterprise provides stability. Its improving financial metrics and strategic focus on green growth make it a compelling choice. Quarterly revenue growth maintains positive momentum, suggesting substantial returns potential among the best stocks to invest in 2024 under 100.
Chennai Petro
Image Source: CPCL
Our analysis of Chennai Petroleum Corporation Limited (CPCL) reveals an extraordinary operational transformation that sets new measures in India’s refining sector among the best stocks under 100.
CPCL Refining Operations
The operational excellence at CPCL’s Manali Refinery stands out with its capacity of 10.5 MMTPA. The refinery achieved its highest-ever crude throughput since commissioning and processed 11.642 million tons with 111% capacity utilization. The refinery margins improved substantially through strategic processing of budget-friendly crude, which reached 31.3% (3.6 million tons).
CPCL Financial Health
The company showcases remarkable financial strength:
- Second-highest turnover of Rs 79,207 crore
- Profit After Tax of Rs 2,711 crore
- Debt reduced to Rs 2,762 crore from Rs 4,235 crore
- Basic EPS of Rs 182.07
CPCL Market Position
CPCL’s market trajectory looks promising with improved energy performance indicators. The company’s operational efficiency shines through its fuel and loss ratio of 8.81% and Energy Intensity Index of 87.5. CPCL stands out among the best stocks under 100 rs for long term investment because of its strategic focus on sustainability initiatives. The company plans to develop compressed bio-gas plants, green hydrogen facilities, and biofuel production.
RCOM
Image Source: Wikipedia
Our complete analysis of stocks under 100 focuses on Reliance Communications (RCOM). The company shows both the potential and pitfalls of India’s ever-changing telecom sector. RCOM’s position helps us understand the broader digital world despite its recent challenges.
RCOM Telecom Services
RCOM’s reliable network infrastructure spans globally and has multiple undersea cable networks like Flag Europe Asia (FEA), Flag North Asia Loop (FNAL), and Flag South Asia Loop (FSAL). The company built strong technology partnerships and offered various services that positioned them well in the telecommunications industry. Recent developments have altered their path significantly.
RCOM Financial Analysis
The numbers reveal major financial hurdles:
- Net loss reached Rs 2,286 crore for the fourth consecutive quarter
- Total revenue declined by 31.39% year-over-year to Rs 94 crore
- Interest expenses consume 12.27% of operating revenues
- Employee costs stand at 9.92% of operating revenues
RCOM Business Challenges
RCOM’s mounting difficulties raise serious concerns. The company went through major restructuring in 2017. They shut down their wireless business in 2018 because of fierce competition. Their debt problems grew worse with lawsuits from major lenders. Stock prices and credit ratings fell consistently. The situation hit rock bottom when they defaulted on their USD 300 million bonds in November 2017. This marked a turning point in their financial journey.
Reliance Power
Image Source: Reliance Power
The power sector’s transformation reveals Reliance Power’s strategic moves to eliminate debt through significant fundraising. Their announcements have made them a notable player among the best stocks under 100.
RPower Energy Operations
Reliance Power manages an impressive portfolio of commissioned power projects that total 5,945 MW. Their operations cover diverse energy sources. The company joined forces with Solar Energy Corporation of India on a 500 MW/1000 MWh Battery Energy Storage System project.
RPower Financial Status
The company’s financial performance reveals key metrics:
- Assets total Rs 14,806.67 crore
- Net sales hit Rs 1,992.23 crore in June 2024
- A current ratio of 0.25 shows liquidity challenges
- The -4.53% operating margin indicates room for operational enhancement
RPower Growth Plans
Their bold transformation strategy shows promise. The company plans to secure Rs 4,500 crore through preferential issues and Rs 7,100 crore from global investment fund Varde Partners. Reliance Power distinguishes itself with a clear roadmap to zero-debt status. Their Rs 50,000 crore investment outlay for future business expansion demonstrates their position as one of the best stocks to invest in 2024 under 100.
GVK Power
Image Source: GVK
GVK Power & Infrastructure stands out in our portfolio of best stocks under 100. The company’s position in energy and transportation sectors makes it an attractive investment case.
GVK Power Generation
GVK’s detailed energy portfolio operates through various subsidiaries that focus on power generation. The company’s shift toward renewable energy has caught our attention as this sector gains momentum globally. Their airport management projects across India add valuable diversity to their business model.
GVK Financial Metrics
The company’s financial performance shows mixed yet improving results:
- Basic EPS improved from -5.24 to -0.11
- Book value per share stands at 5.41
- Return on Equity shows recovery at -2.09%
- The company managed to keep its current ratio at 0.92
GVK Future Outlook
GVK’s growth path looks promising. Analysts predict the share price could reach ₹36 by 2030. The company’s focus on renewable energy expansion and urban infrastructure projects makes it an attractive option among stocks under 100 rs for long term investment. The share price target of ₹12-14 by 2025 points to strong growth potential. However, investors should think about their past financial challenges, including previous negative net worth.
Jaiprakash Power
Image Source: JAIPRAKASH
JPower Ventures Ltd stands out as a small-cap powerhouse that continues to make important strides in India’s energy sector. A deep dive into this compelling option among the best stocks under 100 reveals an interesting growth story.
JPower Operations
This 25-year old company has cemented its position in the power sector with a market capitalization of Rs 11,438.42 Crore. Their operational efficiency shows through consistent power generation capabilities and strong market presence.
JPower Financial Health
The financial performance indicators paint a promising picture:
- Consolidated income of Rs 1,305.19 Crore in Q2 2024
- Net profit of Rs 182.66 Crore in the latest quarter
- PE ratio of 8.78 and Price/Book ratio of 0.99
- Return on Equity ranging from 13.33% to -34.91% over five years
JPower Market Position
JPower’s market performance shines with a 3-year return of 255.11% against Nifty 50’s 30.0%. The company’s ownership structure reflects promoter holding at 24.0%, while foreign institutional investors have raised their stake to 7.78%. JPower emerges as a standout among the best stocks under 100 rs for long term investment because of growing institutional confidence. Domestic institutional investors have increased their holdings to 1.75%.
Lanco Infratech
Image Source: Lanco Group
Let’s take a closer look at Lanco Infratech through our detailed examination of infrastructure stocks. This company stands out among the best stocks under 100 and perfectly illustrates both opportunities and challenges in India’s evolving infrastructure sector.
Lanco Infrastructure Business
Lanco’s diverse portfolio deserves attention. The company excels in engineering, procurement, and construction (EPC), power generation, solar energy, and infrastructure development. Their strong operational framework features major projects in highways, bridges, cooling towers, and marine structures. The company’s complete approach to infrastructure development impresses with its capabilities in thermal power, hydro power, metros, and water facilities.
Lanco Financial Analysis
The company’s financial journey reveals major challenges:
- Total assets quadrupled from USD 1.60 billion to USD 7.70 billion by March 2013
- Net debt trebled to USD 5.70 billion by September 2014
- Revenue peaked at USD 3.10 billion in 2011/12
- Profitability collapsed to a loss of USD 458 million in 2013/14
Lanco Growth Strategy
The company’s transformation efforts through corporate debt restructuring deserve attention. They negotiated their CDR proposal of Rs 7,500 crore with 25 Indian banks successfully. Lanco’s case stands out among the best stocks under 100 rs for long term investment because of their focus on asset monetization and debt reduction. Their promoters showed steadfast dedication by committing fresh funds of USD 80 million toward revival.
GTL Infrastructure
Image Source: GTL – Infrastructure Limited
The telecommunications infrastructure sector has seen GTL Infrastructure emerge as a pioneer in passive infrastructure sharing. Their innovative business model and recent operational metrics make them an intriguing case among the best stocks under 100.
GTL Operations Overview
GTL’s impressive infrastructure portfolio consists of 22,847 towers, with 10,670 currently occupied. Their efficient tenancy ratio of 2.1 on occupied towers stands out, as they host 22,247 radiating tenants. The company’s operational excellence shows in their network uptime of 99.90% under normal conditions.
GTL Financial Performance
The company holds substantial contractual claims worth Rs 153,074 Mn as of June 2024. GTL’s financial metrics reveal:
- Revenue per employee at Rs 218,581
- Strategic investment plans of Rs 1,000 Mn for FY24-25
- Cost reduction initiatives and extended tenancy tenure
GTL Business Prospects
GTL’s future path among the best stocks under 100 rs looks promising for long term investment. The company’s strategic collaboration with BSNL opens new growth opportunities. Their steadfast dedication to network upgrades shows clear long-term vision. GTL Infrastructure distinguishes itself through asset protection with additional surveys, legal actions, and improved security measures. These factors position them as one of the best stocks to invest in 2024 under 100.
Sintex Industries
Image Source: Sintex Industries Limited
The textile sector’s transformation reveals Sintex Industries’ potential revival story. As one of India’s major players in the textile industry, their story offers unique opportunities among the best stocks under 100.
Sintex Manufacturing
Sintex’s complete manufacturing capabilities in the textile sector stand out with their remarkable achievement of 90% indigenization in manufacturing processes. The company supplies to prominent global brands and showcases their manufacturing excellence. Reliance Industries’ recent acquisition interest points to possible operational changes ahead.
Sintex Financial Status
Their financial metrics show:
- Net sales dropped to Rs 3,126.50 crore
- Operating revenues suffered from heavy debt burden
- Finance costs reached Rs 812.04 crore
- Employee benefit expenses stood at Rs 163.94 crore
Sintex Market Outlook
The future looks promising. Analysts project share price targets of Rs 3 by 2024, and these could reach Rs 3.70 by 2025. Sintex stands out among the best stocks under 100 rs for long term investment because of their Rs 2,355 crore investment announcement in manufacturing units across four states. Their expansion plans to 200,000 MT in plastic pipes and water storage segments set them up well for future development.
Videocon Industries
Image Source: Videocon Industries
The dramatic experience of India’s consumer electronics pioneer tells a cautionary tale. Let’s examine Videocon Industries, a company that once dominated the Indian market but now stands as a warning sign among the best stocks under 100.
Videocon Business Overview
Venugopal Dhoot founded Videocon in 1979. The company grew faster in the 1990s and 2000s as it expanded into various sectors. Their mutually beneficial alliances in oil exploration caught our attention, especially when you have their work with Oilex NL of Australia and their 25% stake in Block 103 of the Timor Sea.
Videocon Financial Health
The numbers paint a troubling picture:
- Net margin declined to -817.51%
- Current ratio at 0.21
- Total debt to assets ratio at 116.11%
- Enterprise value to sales ratio of 63.86
Videocon Future Plans
The company’s restructuring efforts since their 2018 bankruptcy proceedings need careful attention. Stock predictions indicate potential volatility, with price targets ranging from ₹9.048 (upside) to ₹6.975 (downside) in the next 14 days. Their bearish cycle over the last 12 months raises red flags, making them a high-risk choice among the best stocks under 100 rs for long term investment.
Reliance Naval
Image Source: Reliance Naval and Engineering Ltd
Reliance Naval and Engineering holds a unique position in India’s shipbuilding industry. The company’s reliable infrastructure and specialized capabilities make it an interesting case study among the best stocks under 100.
RNaval Operations
The company’s shipbuilding infrastructure stands out with a massive 662 meters x 65 meters dry dock. A state-of-the-art fabrication facility spans 2.1 million square feet and has two Goliath Cranes with a combined lifting capacity of 1200 tons.
RNaval Financial Analysis
Recent financial metrics show major challenges. The company’s net loss grew to Rs 2,086.41 crore in recent quarters. High finance costs of Rs 1,998.57 crore affected operating revenues. The current ratio sits at a concerning 0.11, while Return on Assets dropped to -55.77%.
RNaval Business Strategy
The company’s transformation efforts center on the Special Economic Zone (SEZ) at Pipavav, Gujarat. Ship and rig repairs, block manufacturing, and fabrication services form the core of their strategic focus. A workforce of 290 full-time employees runs these operations efficiently. This lean structure, combined with large-scale infrastructure, makes it an interesting prospect among the best stocks under 100 rs for long term investment.
Gammon India
Image Source: Gammon India
Looking at the infrastructure sector’s challenging landscape, we are doing a detailed analysis of Gammon India. Their recent financial metrics show major hurdles and chances of recovery among the best stocks under 100.
Gammon Infrastructure
We aim to explore Gammon’s vast operations in construction and engineering that drive their main revenue stream. Their real estate development segment adds less than 10% to total revenue and assets. The company’s efforts to settle dues with stakeholders through agreed repayment terms have caught our attention.
Gammon Financial Health
The numbers paint a challenging picture:
- Current liabilities exceed assets by Rs 9,946.00 Crore as of September 2023
- Total notices amount to Rs 1,136.71 Crores
- Exposure against disputed projects stands at Rs 182.37 Crore
- Employee costs eat up 56.84% of operating revenues
Gammon Market Position
The company’s recovery efforts among the best stocks under 100 rs for long term investment look promising. They have submitted a revised proposal to lead bankers with support from a potential investor. This shows their commitment to change. The management believes in the company’s future despite uncertainty about lender acceptance. Their focus on resolving disputes through legal channels and negotiations is noteworthy. Six key projects with receivables of Rs 60.70 crores could pave the way to recovery.
Unity Infraprojects
Image Source: UNITY INFRAPROJECTS LIMITED
Our analysis of Unity Infraprojects shows a company that reflects the ups and downs of the infrastructure sector. Their trip from peak performance to current difficulties gives us a great way to get insights for investors looking at the best stocks under 100.
Unity Operations
Unity’s simple infrastructure development capabilities deserve attention, though their operational scale has changed drastically. Their revenue from operations declined from Rs 1,895.50 crore to Rs 247.08 crore, which shows major operational challenges. The company’s focus on cost optimization stands out, and they have reduced employee benefit expenses to Rs 12.78 crore.
Unity Financial Status
The financial metrics raise some concerns:
- Net loss deepened to Rs 1,114.14 crore
- Basic EPS declined to -92.17
- Finance costs reached Rs 325.25 crore
- Operating cash flow shows serious stress
Unity Growth Plans
Unity’s transformation efforts among the best stocks under 100 rs deserve a closer look for long term investment. The company’s revenue per employee stands at Rs 6,595,333, which shows operational efficiency despite challenges. Their receivables turnover ratio of 0.44 indicates room to improve working capital management. The current focus on debt restructuring and streamlined operations could create value for patient investors who are considering stocks under 100 for long-term growth.
Bharati Shipyard
Image Source: Bharati Defense and Infrastructure Limited
A deep look at the shipbuilding sector reveals Bharati Shipyard’s financial experience and major challenges in India’s maritime manufacturing world among the best stocks under 100.
Bharati Operations
Bharati’s operational performance shows worrying trends in their core business. Their revenue from operations fell sharply to Rs 47.05 crore. The company’s high employee benefit expenses of Rs 43.38 crore use up much of their operating revenue.
Bharati Financial Metrics
The financial indicators paint a troubling picture:
- Net loss deepened to Rs 1,897.99 crore
- Basic EPS declined to -377.34
- Book value per share dropped to -589.95
- Return on assets fell to -28.50%
Bharati Future Outlook
The company’s market trajectory raises red flags. Their inventory turnover ratio of 0.02 and current ratio of 0.34 show severe liquidity challenges. The enterprise value to EBITDA ratio of -1.39 points to major operational inefficiencies. These factors make Bharati a high-risk option among the best stocks under 100 rs for long term investment. The price-to-book value ratio and market capitalization trends suggest tough times ahead in the competitive shipbuilding sector.
Punj Lloyd
Image Source: Punj Lloyd
Punj Lloyd’s trip from a domestic player to a global EPC powerhouse has captured our attention in the engineering and construction sector. The company’s growth from Rs.1,685 crore revenue to an international infrastructure developer reflects both ambition and challenges in India’s competitive construction landscape.
Punj Lloyd Business
The company has grown by a lot since going public in 2006. Their overseas market expansion proved remarkable and international operations contributed 68.6% to their revenue by FY2007. The company successfully executed projects in UAE, Qatar, Saudi Arabia, Oman, Bahrain, and Yemen.
Punj Lloyd Financials
The company’s financial challenges paint a concerning picture:
- Total debt increased from Rs.1,607.2 crore to Rs.6,247.5 crore
- Interest payments surged from Rs.180.6 crore to Rs.882 crore
- Market capitalization declined by 90% since FY2008
Punj Lloyd Strategy
The company’s turnaround strategy now focuses on the Indian market. They sold their shareholding in Global Health Private Limited (Medanta) to reduce debt. The company stands out among the best stocks under 100 rs for long term investment due to its strong foundation in challenging project delivery and high safety standards. India’s infrastructure push under the Modi government could offer recovery opportunities.
IVRCL Ltd
Image Source: IVRCL
The analysis of stocks under 100 reveals IVRCL Limited’s unique situation. This company’s liquidation journey offers valuable lessons for investors in India’s infrastructure sector.
IVRCL Operations
The company entered liquidation through an NCLT order dated July 26, 2019. Mr. Sutanu Sinha’s appointment as the liquidator stands out, as he now controls all powers previously held by the Board of Directors. The operations continue under the “going concern” principle and highlight corporate restructuring’s complex nature.
IVRCL Financial Health
Recent financial metrics paint a concerning picture. The company’s net losses have increased by a lot in recent quarters. The liquidation process has affected operating revenues, yet the company managed to keep employee costs at 56.84% of operating revenues. Interest expenses remain a major burden, consuming 429.44% of operating revenues.
IVRCL Market Position
The auction process reveals more challenges. The third E-auction, held on December 15, 2021, set a reserve price of Rs. 1,200 crores. The successful bidder paid only Rs. 100 crores against the first tranche of Rs. 200 crores. This shortfall shows the difficulties in executing successful corporate turnarounds. IVRCL’s case stands out among the best stocks under 100 rs for long term investment because the NCLT extended the liquidation period until February 14, 2025. This extension provides additional time to find a resolution.
Hindustan Construction
Image Source: Welcome to the HCC website
HCC’s eight-decade legacy has enabled India’s development journey. The company’s contribution to reshaping the scene of nation’s infrastructure makes it a worthy option among the best stocks under 100.
HCC Infrastructure
The company has built most of India’s landmark infrastructure projects. Its remarkable portfolio has more than 25% of India’s hydro power capacity and over 50% of nuclear power generation capabilities. The company stands out with 2,227 km of roads and expressways, plus over 200 km of complex tunneling.
HCC Financial Analysis
Key financial metrics show promise:
- Simple EPS rose to Rs 1.18 from -1.01 year-over-year
- Operating margin grew to 16.10%
- Return on Capital Employed hit 19.10%
- Net Profit Margin reached 3.54%
HCC Growth Prospects
HCC’s future looks bright as it showed profitability despite challenging conditions. Q3 results revealed strong EBITDA of USD 78.00m against an enterprise value of USD 3.60bn. The company’s strong project pipeline and superior profitability compared to peers make it stand out among the best stocks under 100 rs for long term investment. Its steadfast dedication to global management practices and eco-friendly initiatives through the Center for Research and Development and Innovation (CRDI) positions it well for future growth.
Jaiprakash Associates
Image Source: Jaypee Group
Let’s take a closer look at our portfolio of best stocks under 100, where JP Associates stands out as a diversified conglomerate that shows both strength and change in India’s infrastructure world.
JP Associates Overview
The company’s operations span engineering, construction, power, real estate, hospitality, IT, sports, and education. JP Associates maintains a strong presence in 18 states across India and Bhutan. The company’s largest land bank in the National Capital Region makes it a notable player in the market.
JP Financial Status
Recent quarters have revealed some challenging metrics:
- Net loss of Rs 476.12 crores in Q3 2023
- Total income declined to Rs 1558.58 crores from Rs 1933.11 crores year-over-year
- Default on borrowing of Rs 4,258 crores from Banks and Financial Institutions
The company shows signs of improvement with increased institutional confidence. The promoter’s shareholding rose to 30.04%. Foreign Institutional Investors expanded their stake from 2.08% to 2.68%, while FII investors grew from 141 to 151.
JP Future Plans
JP Associates stands among the best stocks under 100 rs for long-term investment with promising share price targets. The company aims to reach Rs 13 by 2024, Rs 21 by 2025, and Rs 91 by 2030. Their focus on debt reduction and improved operations makes them an attractive option among the best stocks to invest in 2024 under 100.
Reliance Capital
Image Source: Reliance Capital
Let’s take a closer look at how India’s leading financial services company, Reliance Capital, has reshaped its position among the best stocks under 100. The company’s experience through restructuring deserves our attention.
RCap Financial Services
The company holds a place in the MSCI Global Small Cap Index with interests in life insurance, general insurance, commercial finance, and wealth management. Their complete portfolio in equities, commodities broking, and asset reconstruction makes them stand out in the market.
RCap Performance Metrics
The financial indicators show some challenges:
- Total shareholders’ funds declined to -Rs 10,671.39 crore
- Current liabilities increased to Rs 21,917.82 crore
- Net sales reached Rs 4.66 crore in June 2024, showing a 68.21% decline year-over-year
- Consolidated income improved to Rs 6,517.06 crore, up 9.4% Y-o-Y
RCap Business Outlook
The company’s debt resolution efforts show promise. Hinduja Group’s recent ₹7,300 crore debt proposal has attracted lender interest. IIHL’s resolution plan implementation could make RCap one of the best stocks under 100 rs for long term investment. The RCap administrator believes this plan is vital not just for lenders but for the entire banking sector.
DHFL
Image Source: Business Standard
DHFL’s remarkable experience from crisis to transformation concludes our analysis of the best stocks under 100. Their story shows both challenges and resilience in the financial sector as one of India’s earliest housing finance companies.
DHFL Housing Finance
This deposit-taking housing finance company pioneered affordable housing finance in India’s semi-urban and rural areas. Their market presence stands strong with 181 branches and 146 service centers. The company’s strategic focus on lower and middle-income groups makes them stand out as one of India’s earliest housing lenders.
DHFL Financial Health
The company’s financial experience reveals several complexities:
- Financial irregularities worth Rs 34,000 crore came to light
- Promoters systematically manipulated through 66 entities
- Fund diversion happened through 87 shell companies
- Interest subsidy claims of Rs 1,880 crore proved illegal
DHFL Recovery Prospects
DHFL’s recovery path under Piramal’s leadership shows promise. Creditors recovered about 46% of their dues through the resolution process. The transformation created an India-wide platform that focuses on affordable housing with an average loan ticket size of Rs 17 lacs. The merged entity serves 1 million lifetime customers across 24 states, which strengthens their position among the best stocks under 100 rs for long term investment.
IL&FS Transportation
Image Source: Business Standard
This detailed analysis looks at IL&FS Transportation Networks Ltd (ITNL), a stock trading under 100 rupees. The company’s experience mirrors both challenges and opportunities that shape India’s infrastructure sector.
ITNL Operations
A complete look at ITNL’s infrastructure portfolio shows transportation projects as their main focus. The company generates revenue from contracts and various services. Their strategic position in the infrastructure sector stands out, though recent quarters point to operational hurdles.
ITNL Financial Status
The most important financial metrics paint a clear picture:
- Total income declined by 35.77% to Rs 1,035.38 crore
- Net loss reached Rs 248.01 crore in the latest quarter
- Total revenue for FY2020 stood at Rs 232.42 crore
- Operating expenses reveal troubling patterns with substantial losses
ITNL Market Position
The company’s market dynamics tell an interesting story with a market capitalization of Rs 180.27 crore. ITNL’s potential as one of the best stocks under 100 rs for long term investment becomes clear when you look at its shareholding pattern. The promoter’s stake remains firm at 73.22%. Domestic institutional investors have slightly reduced their position from 0.38% to 0.36%. Foreign institutional investors show no stake currently, which reflects market sentiment toward infrastructure stocks under 100.
Conclusion
Image Source: Merriam-Webster
A detailed analysis of the best stocks under 100 shows excellent opportunities for patient investors. You don’t need large upfront investments to build wealth. Our research proves that investing $100 monthly over 30 years could reshape your financial future through compound interest.
Dollar-cost averaging creates a systematic investment approach that eliminates emotional decisions from investing. The numbers tell us that a 20-year investment horizon almost guarantees positive returns in your account.
These factors make us optimistic:
- Mid-caps show better recent guidance and revision trends
- Rate-cut cycles could drive strong growth
- Regular stock investments historically outperform other investment types
The potential for wealth creation over time excites us. A $10,000 original investment could grow beyond $24,000 over 30 years with a 6% annual growth rate. This compound interest effect, which Einstein called the “eighth wonder of the world,” shows why early investing works so well.
Market volatility will happen, but downturns usually represent temporary setbacks in a longer upward trend. Success in long-term investing depends on your view and commitment to your strategy rather than emotional reactions to short-term market movements.
Comparison Table
Company Name | Sector | Recent Financial Performance | Key Business Metrics | Notable Opportunities/Challenges |
---|---|---|---|---|
NHPC Ltd | Power Generation | Revenue: ₹34,020.9M; Operating margin: 51.41% | Installed capacity: 7,144 MW | Targeting capacity increase to 14,561.20 MW by 2026-27 |
Suzlon Energy | Renewable Energy | Net profit: ₹200.20 crore (95.72% YoY growth) | Global wind installations: 20.8 GW | Order book of 5.1 GW; Debt reduced from ₹11,962.32 cr to ₹666.85 cr |
IDBI Bank | Banking | Net income: ₹18,608M | Gross NPA: 3.87% | Strategic sale of 60.7% stake planned |
GMR Airports | Aviation Infrastructure | Delhi’s non-aero income: ₹2,940 cr (+19% YoY) | 14.2 crore passengers capacity | Controls 27% of India’s air traffic |
Yes Bank | Banking | Loan book growth: 12.09% YoY | Gross NPA: 1.73%; Net NPA: 0.58% | Plans to increase SME loans from 30% to 35% |
Indian Overseas Bank | Banking | PAT: ₹2,656 crore | Gross NPA: 3.10% | Strong deposit base growth of 10% |
UCO Bank | Banking | Revenue: ₹21,854.34 crore | CASA ratio: 37.45% | RAM segment lending at 63.15% |
Central Bank of India | Banking | N/A | Capital Adequacy Ratio: 15.08% | Total assets: ₹446,672.68 crore |
IDFC First Bank | Banking | Net profit: ₹201 crore | CASA ratio: 48.9% | Plans to increase insured portfolio to 75% |
Vodafone Idea | Telecommunications | Net loss: ₹7,176 crore | ARPU: ₹156 | Total debt: ₹202,896.20 crore |
South Indian Bank | Banking | N/A | ROE: 12.12%; NIM: 2.83% | Strong digital transformation initiatives |
J&K Bank | Banking | Net profit: ₹421.08 cr (+35.1% YoY) | GNPA ratio: 4.84% | Strong regional dominance in J&K |
Bank of Maharashtra | Banking | ROE: 23.60% | ROA: 1.65% | Quarterly revenue growth: 31.30% |
Punjab & Sind Bank | Banking | Net interest income: ₹9.40M | Net margin: 2.84% | Loan yields increased to 5.67% |
MMTC Ltd | Trading | Revenue: ₹445.8M | Cash & investments: ₹14B | Market cap: ₹11,329.5 crores |
Space limitations restrict this table to 15 companies. The data reflects the most recent figures available.
Read More- 20 Best Stocks for Long Term Investment in India
FAQs
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- The top 20 stocks priced under 100 Rupees are considered good buys for long-term investment.
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