Best Stocks Under ₹50 in November 2024- 5-yr CAGR Basis

Stocks priced under ₹50 can offer budget-friendly investment opportunities with potential for significant growth. This article highlights top-performing stocks in India under ₹50 as of November 2024, selected based on a strong 5-year CAGR. Explore some of the promising picks to diversify your portfolio without breaking the bank.

Best Stocks Under ₹50 In November 2024 – 5-Yr CAGR Basis

Note: The list of stocks to buy under ₹50 in India list has been selected from the Indian stock universe and sorted based on 5-yr CAGR as of November 8, 2024.

Overview Of Best Stocks Under ₹50 In India

•  Integrated Industries Limited

Integrated Industries Limited, previously known as Integrated Technologies Limited, is an India-based holding company with operations in two main segments: food product manufacturing and food product trading. With excellent market reach domestically and internationally, the company reported robust 121.54% returns last year and current assets totaling ₹204.07 crore.

• Harshil Agrotech Limited

Mirch Technologies (India) Limited, an India-based firm, specialises in the design, engineering, and production of chemical process equipment, including heat exchangers and air drying plants. The company has demonstrated remarkable growth, delivering impressive one-year returns of 4,400%, with total current assets valued at ₹20.02 crore.

• Pulsar International Limited

Pulsar International Limited, based in India, operates in the mutual fund sector, dealing primarily in mutual fund units. Over the past 5 years, its revenue has seen substantial growth, averaging an annual increase of 117.11%, compared to the industry average of 12.6%, while its market share has risen from 0% to 0.09%.

• J Taparia Projects Limited

J.Taparia Projects Limited specialises in offering a range of services for various types of projects and engages in trading, processing, and manufacturing. It also maintains mills for jute, cotton, wool, fibre, yarn, and cloth. Over the past 5 years, the company has achieved impressive returns of 13,947.37%, with promoter and foreign institutional holdings remaining steady over the past 3 months.

• Rajnish Retail Limited

Rajnish Retail Ltd., also known as Sheetal Diamonds Limited (SDL), focuses on designing, manufacturing, and trading diamond and gold jewellery. Primarily engaged in trading loose diamonds and jewellery, the company has a market cap of ₹166.47 crore and delivered a 7.38% return over the past year.

Key Considerations When Investing in Stocks Under ₹50

• Higher volatility

Stocks priced under ₹50 often experience higher volatility, leading to significant short-term price fluctuations. This increased volatility can raise the risk of rapid losses.

• Lower liquidity

These stocks may have lower liquidity, making it challenging to buy or sell in large quantities without affecting the stock price. This can complicate exit strategies for investors.

• Limited information

Stocks under ₹50 may not always disclose detailed financial or operational information, making it difficult to conduct thorough research and make informed decisions.

Conclusion

Investing in stocks under ₹50 can be attractive for those with limited capital, enabling entry into the market with a small investment. However, it’s essential to evaluate each company’s financial health by examining metrics like revenue, profit margins, debt levels, and historical performance to make sound investment choices.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.