Finding the right opportunities in the dynamic world of stock market investments can lead to profitable returns. While high-priced stocks often dominate discussions, low-priced shares can give excellent investment prospects for savvy investors. In this blog, we delve into the 10 best low-price shares to buy today in India, uncovering hidden gems with the potential for substantial growth.
Low-price shares, often referred to as penny stocks, are those that trade at a relatively low market price. Despite their affordability, these stocks can offer significant upside potential if chosen wisely. Investors should conduct thorough research and analysis before investing in low-price shares to mitigate risks and maximise returns. Also, check the 15 Best ETFs in India To Invest in 2024
This List showcases the 10 best shares to buy today lowest price as per their market cap, Volume and sector growth.
| Best Low Price Shares to Buy Today | Market Cap (Cr) | CMP | Volume |
|---|---|---|---|
| 1. Jaiprakash Associates Ltd. | 4,622 | 19.65 | 2,59,54,142 |
| 2. Rama Steel Tubes Ltd | 2,112 | 14 | 52,10,042 |
| 3. Steel Exchange India Ltd. | 1,711 | 14.75 | 34,75,564 |
| 4. Parsvnath Developers Ltd. | 712 | 16.15 | 12,19,444 |
| 5. Genus Paper & Boards Ltd | 495 | 19.55 | 8,20,450 |
| 6. Sakuma Exports Ltd | 626 | 27.50 | 6,92,783 |
| 7. Hindustan Motors Ltd. | 359 | 18.20 | 10,09,538 |
| 8. Ashima Ltd. | 366 | 19.50 | 2,17,781 |
| 9. Minal Industries Ltd | 91 | 4.81 | 58,796 |
| 10. Blue Chip India Ltd | 15 | 2.62 | 74,765 |
Jaiprakash Associates Limited (JAL) is one of the best low-price shares to buy, as it is a diversified infrastructure conglomerate based in India. JAL operates in seven sectors: engineering and construction, power, cement, real estate, hospitality, expressways, and sports and education.
| 1Yr Return | 3Yr Return | 5Yr Return |
|---|---|---|
| 181.43% | 175.52% | 242.61% |
Rama Steel Tubes Ltd is a certified organisation that manufactures, supplies, and exports steel pipes, tubes, fittings, and Rigid PVC & GI Pipes in India.
| 1Yr Return | 3Yr Return | 5Yr Return |
|---|---|---|
| 44.35% | 1401.07% | 809.78% |
Steel Exchange India trades in various steel products, including structural steel, long products, special steels, semis, raw materials, and M.S. binding gauge wires. They also produce steel ingots.
| 1Yr Return | 3Yr Return | 5Yr Return |
|---|---|---|
| 5.87% | 120.90% | 813.31% |
Parsvnath Developers Limited is involved in promoting, constructing, and developing integrated townships, residential and commercial complexes, multistoried buildings, flats, houses, apartments,
| 1Yr Return | 3Yr Return | 5Yr Return |
|---|---|---|
| 136.56% | 79% | 143.51% |
Genus Paper and Boards Ltd. specializes in producing kraft papers, particle board, and mild steel (MS) ingots. Established in 2012, the company is headquartered in Moradabad, Uttar Pradesh. Additionally, it operates in the steel and paper industries.
| 1Yr Return | 3Yr Return | 5Yr Return |
|---|---|---|
| 51.56% | 182.76% | 178.91% |
Sakuma Exports Ltd trades and exports commodities and merchandise from India. The company exports various commodities such as red split lentils, onions, peanuts, peanuts in shells, and brass items.
| 1Yr Return | 3Yr Return | 5Yr Return |
|---|---|---|
| 142.56% | 448.59% | - |
Hindustan Motors Ltd (HML) is India's pioneering automobile manufacturing company. The company has equipped itself with state-of-the-art facilities for producing passenger cars and trucks.
| 1Yr Return | 3Yr Return | 5Yr Return |
|---|---|---|
| 41.91% | 177.02% | 145.86% |
Ashima Ltd is involved in the textile business, offering a wide range of products, including fabrics, denim, cotton yarns, shirting products, high-value yarn-dyed shirting and attires.
| 1Yr Return | 3Yr Return | 5Yr Return |
|---|---|---|
| 50.75% | 20.58% | 74.35% |
Minal Industries Ltd is a profitable company that manufactures high-precision dies, moulds, tools, and engineering components on a job-work basis, using both client-supplied materials and its own.
| 1Yr Return | 3Yr Return | 5Yr Return |
|---|---|---|
| 544.3% | - | - |
Blue Chip India Ltd. is one of the best low-price shares to buy. It is a non-banking finance company that offers various services, including mutual funds, insurance, equity IPOs, fixed deposits, and bonds.
| 1Yr Return | 3Yr Return | 5Yr Return |
|---|---|---|
| 471.58% | 636.84% | 748.48% |
This list showcases low-priced shares with Strong 1-Year Returns.
| Best Lowest Price Share To Buy | Market Cap | 1Yr Return (%) |
|---|---|---|
| Avance Technologies Ltd | 238 | 1,700.00 |
| BITS Ltd | 36 | 933.33 |
| Empower India Ltd | 341 | 771.88 |
| Unitech Ltd | 3079 | 964.66 |
| Minal Industries Ltd | 91 | 508.86 |
| Blue Chip India Ltd | 15 | 442.86 |
| Kuber Udyog Ltd | 2.45 | 575.68 |
| Franklin Industries Ltd | 19 | 446.99 |
| Mahan Industries Ltd | 8.50 | 436.96 |
| GVK Power & Infrastructure Ltd | 1622 | 410.90 |
This list highlights the best cheap price share to buy with a high market cap but shares available at a relatively Low Price Point.
| Best Cheap Price Share To Buy | Market Cap | CMP |
|---|---|---|
| GTL Infrastructure Ltd | 2,049.12 | 1.60 |
| Reliance Communications Ltd | 478 | 1.70 |
| Vikas Ecotech Ltd | 553 | 3.65 |
| FCS Software Solutions Ltd | 656 | 3.65 |
| Vikas Lifecare Ltd | 822 | 4.85 |
| Rajnish Wellness Ltd | 523 | 6.49 |
| RattanIndia Power Ltd | 4,430.34 | 8.25 |
| Nagarjuna Fertilizers and Chemical | 563 | 8.95 |
| Sarveshwar Foods Ltd | 969.56 | 9.45 |
| GVK Power & Infrastructure Ltd | 1622.00 | 9.75 |
While a low share price might seem attractive, it doesn't necessarily translate to a good investment. Here's why focusing solely on price can be misleading:
Even with a strong fundamental analysis approach, there are some additional considerations specific to low-price shares:
Regardless of share price, you can use the following sites to find perhaps undervalued companies:
Although inexpensive stocks can be attractive, a low share price does not always indicate a beneficial investment. Making well-informed judgements requires researching guidelines and spotting attractive companies with strong fundamentals. This article outlines the best low-price shares to buy today to help you move beyond surface-level analysis and spot potentially profitable chances.
1. Long-Term Vision: Pay attention to firms with a strong chance of achieving long-term growth rather than just quick profits.
2. Diversification is Key: Avoid putting all your eggs in one basket. To reduce risk, distribute your investments among several firms and asset classes.
3. Stay Informed: The market is ever-changing. To make wise investment decisions, stay informed on company news, industry developments, and economic factors.
1. RattanIndia Power Ltd
2. GTL Infrastructure Ltd
3. GVK Power Infrastructure
4. Sarveshwar Foods
5. Vikas Lifecare Ltd
1. Avance Technologies Ltd
2. BITS Ltd
3. Empower India Ltd
4. Unitech Ltd
5. Minal Industries Ltd
You can invest in low-price shares in India without any hassle in easy steps using the below instructions:
Step 1: The first and most important step is to get started by contacting a stockbroker like lakshmishree to open a DEMAT Account. ( Get your free demat )
Step 2: Log in to your account using your login ID and password on the broker's online trading web page.
Step 3: Look for the cheap shares you want to purchase in the next step.
Step 4: Place a purchase order for a particular amount.
Step 5: After everything is finished, you should get a confirmation message on the phone number or email address you provided.
Step 6: The online system automatically deducts a tiny fee from the linked savings account.
Disclaimer: The information about the companies mentioned may not be current due to market fluctuations. We recommend conducting your research before making any investment decisions.
