The Best Stocks To Invest Under Rs.100
By SiliconIndia
Essel Propack Limited
Price per Share: Rs.50.65
Essel Propack is the world’s largest manufacturer of laminated tubes with a market share of 33 percent. It’s listed on both NSE and BSE. Average volume per day (calculated for a 30 day period) is 50,658. So, it offers enough liquidity. Price per earnings ratio is 14.68. An earnings per share (EPS) is a positive 3.45. So you should not bother about the risk involved. Market cap is Rs.795.72crore. It featured in the ‘Best under a billion’ list of Forbes magazine for 4 consecutive years from 2003 to 2006.
Andhra Bank
Price per Share: Rs.55.65
Andhra Bank—established in 1923—offers its customers a wide range of banking services. It has a relatively healthy trade volume of 1, 70,269 per an average day. A relatively high market cap of Rs.3313.14 crore keeps you least concerned about volatility. Earnings per share is a positive 15.33. Price per earnings ratio (P/E) is a low 3.67, meaning it’s not overpriced.
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