The Best Stocks To Invest Under Rs.100
By SiliconIndia
Power Grid Corporation of India
Price per Share: Rs. 95.65
Power Grid Corporation India is one of the largest power transmission utilities in the world. As of March 2007, it owned 104 electrical substations and 59,461 circuit kilometers of transmission line. The number of stocks being bought and sold on an average day amounts to 1, 81,229; making your exit an easy process. It has a market capital of Rs.50, 040.15 crore. Positive earnings per share (EPS) of 8.64 keep away the risk of volatility. Price per earnings ratio (P/E) is 11.07.
Muthoot Capital Services
Price per Share: Rs.80.60
Muthoot Capital Services, established in 1994 is a non banking financial company (NBFC). It provides fund to corporate and retail clients. It’s listed on the BSE. It has an average volume of 4256. It has positive earnings per share of 18.32. Price per earning is a low 4.40, so you can rest assured that it’s not overpriced. It has a market cap of Rs.100.53crore.
Steel Authority of India (SAIL)
Price per Share: Rs. 65.65
Steel authority of India (SAIL) is a public sector company—a Maharatna. It’s the largest steel producer in India. A high volume of 3,04,787 means you don’t have to search for a buyer when you’re mulling about selling your shares and vice versa. It has market cap of Rs.27.116.90crore and earnings per share is a positive 6.20. Price per earnings ratio is 10.59, which means it may be slightly over priced.
Read More:
Never Fall For These 10 Personal Finance Myths
Don't Miss
