Major stock market indexes like the Nifty 50 and BSE Sensex are holding steady
India’s stock market is showing strong signs of resilience even after facing global challenges. Major stock market indexes like the Nifty 50 and BSE Sensex are holding steady. This creates an opportunity for investors to explore affordable stocks—those trading under ₹100—that have the potential to deliver good returns in the future.
These low-priced stocks often belong to companies that are improving their performance or are in sectors that are expected to grow. Some of them may be small companies, but their growth potential can make them smart choices for long-term investment.
Here are five promising stocks under ₹100 to consider:
1.Indian Overseas Bank (IOB)
Current Price Range: ₹38–₹42
Why It’s Worth Considering
Indian Overseas Bank is a government-owned bank that has been showing steady growth over the past few years. It has improved its financial condition by reducing bad loans and increasing profits. The bank has a strong history and is trusted by many customers.
In the last five years, the stock has grown at an average rate of around 39% per year. This shows that the bank has been performing well and attracting investor interest.
Growth Factors
The bank is focusing on improving loan recovery and reducing non-performing assets (bad loans).
The Indian government is supporting public sector banks, which helps increase investor confidence.
As the economy grows, demand for loans and banking services is likely to rise.
Potential
Experts believe the stock could move up to ₹50 in the near future, especially if it continues to post good results. It is considered a strong pick for long-term investors looking for steady growth from a low-priced stock.
2. Yes Bank
Current Price Range: ₹21–₹24
Why It’s Worth Considering
Yes Bank, once known for financial troubles, is now trying to rebuild itself. The bank has raised new funds and is working to improve its financial health. It recently approved a fundraising plan of around ₹16,000 crore, which will give it more capital to lend and expand.
Although it is still recovering, the bank is showing signs of stability, and many investors believe it has the potential to grow again.
Growth Factors
New funds will help strengthen the bank’s position and support future growth.
The bank has improved its financial ratios, including net interest margins and loan recovery.
A positive change in leadership and direction is creating renewed trust among investors.
Potential
Analysts expect the stock could rise to ₹26 if it maintains this progress. For investors seeking a turnaround story in the banking sector, Yes Bank is one to watch.
3. TTML (Tata Teleservices Maharashtra Limited)
Current Price Range: ₹72–₹75
Why It’s Worth Considering
TTML is part of the Tata Group and works in the telecom sector. Although it’s a small player compared to giants like Jio and Airtel, it has managed to attract attention due to its potential and backing from the Tata brand.
The stock has recently shown good price movement, and experts see further upside.
Growth Factors
The telecom sector is expected to grow, especially with new technologies like 5G.
Companies that offer business connectivity solutions, like TTML, may benefit as more businesses go digital.
Being part of the Tata Group gives it credibility and future opportunities.
Potential
Analysts say the stock could move towards ₹80 if it maintains momentum. It’s a good option for those who want to invest in telecom with limited capital.
4. Suzlon Energy
Current Price Range: ₹65–₹70
Why It’s Worth Considering
Suzlon is one of India’s leading renewable energy companies, mainly focused on wind energy. As India pushes toward clean and green energy, companies like Suzlon are in a strong position to benefit.
Suzlon has gone through financial difficulties in the past, but recent improvements in business operations have brought it back into focus.
Growth Factors
India’s focus on renewable energy is growing fast, and Suzlon is a key player in this space.
The government is promoting green energy through subsidies and large-scale projects.
Suzlon has improved its financial management, which makes it a more reliable choice now.
Potential
The stock has previously touched ₹86 and could return to that level or even higher if the renewable energy sector continues to grow. It’s a good choice for investors who want to support eco-friendly industries while aiming for solid returns.
5. Kretto Syscon Ltd
Current Price Range: Below ₹5
Why It’s Worth Considering
Kretto Syscon is a micro-cap company involved in real estate and construction. Though small and risky, it has shown impressive stock performance in the past year, with prices rising by over 200%.
Micro-cap stocks like Kretto can offer massive returns, but they also come with higher risk. Investors looking to take small bets for high rewards often consider such stocks.
Growth Factors
The real estate market in India is slowly recovering, and that could benefit companies like Kretto.
Increased infrastructure spending by the government can open up more projects for smaller construction firms.
The stock has shown strong price momentum, which attracts short-term traders as well.
Potential
Due to its extremely low price, even a small increase can result in large percentage gains. However, it’s important to approach such stocks with caution and only invest small amounts.
Things to Keep in Mind
Investing in low-priced stocks can be rewarding, but it comes with certain risks. Here are a few points to consider:
Volatility: These stocks can move up or down very quickly. Prices can change sharply even within a day.
Liquidity: Some of these stocks have low trading volumes, which can make it difficult to buy or sell in large quantities.
Fundamentals: Not all low-priced stocks have strong business models. It’s important to check the company’s performance and future plans.
Speculation: Avoid buying just because a stock is cheap. Look for real reasons like improving profits, sector growth, or strong management.
Final Thoughts
The Indian stock market is giving investors a chance to explore hidden gems under ₹100. These stocks, while low in price, are not low in potential. A well-balanced portfolio with a mix of large, mid, and small-cap companies can benefit from including a few of these affordable options.
To summarize:
| Stock | Price Range | Sector | Growth Trigger |
| Indian Overseas Bank | ₹38–₹42 | Banking | Improving finances, government support |
| Yes Bank | ₹21–₹24 | Banking | Fundraising, financial turnaround |
| TTML | ₹72–₹75 | Telecom | Tata backing, sector growth |
| Suzlon Energy | ₹65–₹70 | Renewable Energy | Green energy push, better operations |
| Kretto Syscon | <₹5 | Real Estate | Infrastructure growth, stock momentum |
Investing in these stocks should be done carefully. It’s best to do research, start with small amounts, and keep a long-term view. These low-cost opportunities may just turn out to be tomorrow’s top performers.
