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Top 50 Stocks Under ₹50 – A Complete Details

19 December 20236 mins read by Angel One
Explore 50 stocks under ₹50 based on ROE, market cap, low debt, CAGR and dividends. Understand your risk appetite and research well before investing.
Top 50 Stocks Under ₹50 – A Complete Details
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Stocks under ₹50 could be an opportunity for investors on a modest budget and starting out on their investment journey. These stocks can have the potential for growth in the future but are considered highly risky. Therefore, evaluating their fundamentals well before investing is highly essential. In this article, explore 50 stocks under ₹50 based on various parameters, including market cap, return on equity, 5-year CAGR, debt-free, and high dividend paying. 

Stocks Under ₹50 Based on Their Return on Equity (ROE)

Name Market Cap (₹ crore) Close Price (₹) PE Ratio Return on Equity (%)
MSR India Ltd 64.33 10.23 3.13 617.14
Innocorp Ltd 5.12 6.45 1.33 376.59
Lime Chemicals Ltd 17.71 27.22 6.42 342.86
Indo Gulf Industries Ltd 0 0 255.56
Marsons Ltd 115.92 8.28 35.45 236.10
Modern Steel Ltd 34.41 25 2.49 233.98
Satiate Agri Ltd 6.70 22.89 9.57 208.96
Julien Agro Infratech Ltd 49.47 25 1.17 208.30
Oil Country Tubular Ltd 113.16 25.55 1.08 169.56
IO System Ltd 99.22 35.28 33.87 166.01

Note: The list of 10 stocks under ₹50 based on Return on Equity (ROE) is as of December 14, 2023. The stocks are selected and sorted according to their ROE. 

Stocks Under ₹50 Based on Market Capitalisation

Name Market Cap (₹ in crore) Close Price (₹) PE Ratio
Indian Overseas Bank 81,374.88 43.05 38.68
Vodafone Idea Ltd 64,257.19 13.2 -2.19
Yes Bank Ltd 60,970.31 21.2 82.86
Suzlon Energy Ltd 51,859.34 38.2 18.20
UCO Bank 47,883.61 40.05 25.71
Central Bank of India Ltd 41,755.32 48.1 24.87
Bank of Maharashtra Ltd 33,034.61 46.65 12.68
Punjab & Sind Bank 30,228.98 44.6 23.02
IRB Infrastructure Developers Ltd 24,186.20 40.05 33.59
Trident Ltd 18,643.67 37.05 42.30

Note: The list of 10 stocks under ₹50 based on Market Cap is as of December 14, 2023. The stocks are selected and sorted according to their market cap. 

Low-Debt Stocks Under ₹50

Name Market Cap (₹ in crore) Close Price (₹) PE Ratio Total Debt (₹ in crore)
3P Land Holdings Ltd 45.63 25.35 29.82 0
Accord Synergy Ltd 9.65 27.8 32.17 0
Rajdarshan Industries Ltd 12.15 39.1 40.51 0
ASL Industries Ltd 40.89 39.25 25.08 0
Bartronics India Ltd 560.42 18.2 1.36 0
BC Power Controls Ltd 31.06 4.45 44.37 0
Brightcom Group Ltd 4,057.23 20.1 2.96 0
BSEL Infrastructure Realty Ltd 139.29 16.86 3.58 0
Blue Chip India Ltd 10.23 1.9 14.83 0
Diligent Media Corporation Ltd 52.97 4.5 0.33 0

Note: The list of 10 stocks under ₹50 based on low debt is as of December 14, 2023. The stocks are selected and sorted according to their total debt. 

High Dividend Yield Penny Stocks 

Name Market Cap (₹ in crore) Close Price (₹) PE Ratio Dividend Yield (%)
Taparia Tools Ltd 4.43 2.92 0.06 1,061.64
Elcid Investments Ltd 0.07 3.37 0.0009 741.84
Rajnandini Metal Ltd 248.83 9 18.19 11.11
Swastik Safe Deposit and Investments Ltd 0.23 9.48 0.51 10.55
M Lakhamsi Industries Ltd 0.59 0.99 0.82 10.10
IL & FS Investment Managers Ltd 307.75 9.8 25.69 8.16
Abirami Financial Services (India) Ltd 16.50 30.54 1.13 7.28
Golechha Global Finance Ltd 7.72 14.04 -4.41 7.12
Gothi Plascon India Ltd 30.70 30.1 18.61 6.64
Oswal Greentech Ltd 683.11 26.6 17.08 5.64

Note: The list of 10 stocks under ₹50 based on high-yield dividend is as of December 14, 2023. The stocks are selected and sorted according to their dividend yield. 

Stocks Under ₹50 Based on The 5-Year CAGR

Name Market Cap (₹ in crore) Close Price (₹) PE Ratio 5Y CAGR (%)
Spacenet Enterprises India Ltd 1,725.52 31.75 639.08 154.05
Global Capital Markets Ltd 39.03 0.98 -216.86 130.12
RRIL Ltd 397.22 32.77 28.89 129.92
Comfort Intech Ltd 250.51 7.83 35.63 128.75
Hampton Sky Realty Ltd 1,368.84 49.92 -2,534.90 114.47
Shree Precoated Steels Ltd 7.30 17.63 -13.77 114.31
Lloyds Steels Industries Ltd 5,318.87 47.42 144.38 112.05
Quantum Digital Vision (India) Ltd 6.65 21.91 664.97 102.72
Jagjanani Textiles Ltd 28.94 18.55 -2,893.8 102.11
Salem Erode Investments Ltd 46.09 40.2 -512.13 100.20

Note: The list of 10 stocks under ₹50 based on 5-year CAGR is as of December 14, 2023. The stocks are selected and sorted according to their 5-year CAGR. 

Conclusion

Stocks under ₹50 offer investors the opportunity to possibly gain exposure to the stock markets at a minimal amount. However, it is important to understand that these stocks come with risks and it is necessary to research them well before investing. Understand your financial goals, risk appetite and investment horizon before investing in these stocks. 

Visit Angel One for information if you want to invest in stocks and open your Demat Account today.

FAQs

Is it good to invest in stocks under ₹50?

In case you believe in value investing, that stocks may offer high returns in the future according to the company’s future prospects, you may consider investing in stocks below ₹50 according to your investment goals. 

Where can I find information about stocks under ₹50?

You can find information about a stock’s fundamentals and other details pertaining to stocks under ₹50 on the websites of the BSE and NSE, or any other financial websites like those of Angel One. 

If I invest in a stock under ₹50, will the price ever appreciate?

This depends on the company’s fundamentals and its potential to grow. It is important to research them well before investing. 

Disclaimer: This article has been written for educational purposes only. The securities quoted are only examples and not recommendations. 

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