Best Stocks Below rs 100 to Buy: If you put money in the market then you should not go by the price of any stock. Many times such stocks are found which look very cheap, but their fundamentals are strong.
Shares of many big companies will also be found trading at low prices. So if you are a stock market investor, look at the value of the company, not the share price. Anyway, these days the market is close to the record high and the valuation has become very high. In such a situation, a better way is to invest money in cheap stocks with strong fundamentals. Here we have given information about 5 such best stocks which are less than Rs 100, but can give strong returns to the investors going forward. The advantage of being cheap is that they do not have much effect when the market goes down. But if it accelerates, it can give multiple times returns.
Ashoka Buildcon
The share of Ashoka Buildcon, a powerful company in the infra sector, is currently trading at Rs 96. Brokerage house Sharekhan has given investment advice in this with a target of Rs 125. It can give 30 percent return from the current price. That is, a profit of 300 rupees for every 1000 rupees. (PTI)
Time Technoplast
The share price of Time Technoplast, a company dealing in industrial packaging, is currently Rs 70. Brokerage house ICICI Direct has given a target of Rs 100 in this. In this sense, it can give 43 percent return. That is, a profit of Rs 430 for every 1000 rupees. (image: pixabay)
Nalco
The share of Nalco, a strong metal sector company, is currently trading at Rs 87. Brokerage House Motilal Oswal has an investment advice in this with a target of Rs 107. It can give 23% return from the current price. That is, a profit of Rs 230 for every 1000 rupees.
DCB Bank
The share of DCB Bank is currently at Rs 90. Brokerage house Axis Securities has an investment advice in the stock with a target of Rs 115. In terms of current price, it can give 28 percent return. That is, a profit of 280 rupees for every 1000 rupees.
IDFC First Bank
Share of IDFC First Bank is currently trading at Rs 48. Brokerage house ICICI Direct has given investment advice in this with a target of Rs 60. It can give 25% return from the current price. That is, a profit of 250 rupees for every 1000 rupees.
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