Shares under 30 Rs are stocks traded on Indian stock exchanges, priced below 30 rupees per share. These are often small-cap or penny stocks, offering higher risk but potential for substantial returns. Investors typically seek them for growth opportunities or speculative investments.
The table below shows the best share under 30 Rs based on the highest market capitalization and 1-year return.
Stock Name | Market Cap (₹ Cr) | Close Price (₹) | 1Y Return (%) |
Vodafone Idea Ltd | 61,683.58 | 8.21 | -47.2 |
Yes Bank Ltd | 56,968.16 | 17.76 | -38.12 |
Trident Ltd | 14,373.85 | 27.8 | -35.5 |
Jaiprakash Power Ventures Ltd | 9,622.26 | 13.46 | -36.96 |
Alok Industries Ltd | 8,421.05 | 16.34 | -43.66 |
PC Jeweller Ltd | 7,922.40 | 12.53 | 148.12 |
South Indian Bank Ltd | 6,522.42 | 24.12 | -22.77 |
Infibeam Avenues Ltd | 5,645.30 | 19.64 | -41.45 |
RattanIndia Power Ltd | 5,498.99 | 9.59 | -9.95 |
Hindustan Construction Company Ltd | 5,168.87 | 25.74 | -37.42 |
Table of Contents
Introduction To Share Under 30 Rs In India
Vodafone Idea Ltd
The Market Cap of Vodafone Idea Ltd is ₹61,683.58 crore. The stock’s 1-month return is 10.63%, while its 1-year return is -47.2%. It is currently 133.62% away from its 52-week high.
Vodafone Idea Ltd, a significant player in the Indian telecommunications sector, has been undergoing a tumultuous phase due to stiff competition, regulatory challenges, and financial restructuring. Despite these challenges, the company has remained a key player, with a substantial market share in the mobile services industry. The telecom market in India is dominated by large players like Reliance Jio and Bharti Airtel, but Vodafone Idea continues to compete by focusing on improving its customer base, network infrastructure, and services.
The company’s operational focus has been on increasing the availability of 4G services and improving customer retention. However, the stock has been volatile, largely due to the intense competition and regulatory hurdles it faces. Vodafone Idea’s ability to manage debt, improve ARPU (Average Revenue Per User), and maintain customer loyalty will determine its future performance. Analysts remain cautious yet hopeful that strategic partnerships and technological advancements could help the company regain stability and market share.
Yes Bank Ltd
The Market Cap of Yes Bank Ltd is ₹56,968.16 crore. The stock’s 1-month return is 4.61%, while its 1-year return is -38.12%. It is currently 67.79% away from its 52-week high.
Yes Bank Ltd is one of India’s prominent private sector banks offering a wide range of financial services, including retail banking, corporate banking, and treasury operations. Despite recent struggles to regain investor confidence due to a challenging financial period, the bank has demonstrated resilience through restructuring efforts and strategic partnerships to rebuild its portfolio.
Yes Bank is currently focused on asset quality improvements and credit growth. Its efforts to enhance its technological infrastructure and digital banking services have strengthened its market position. Though the stock has faced challenges in the past year, ongoing reforms and strategic initiatives aim to restore long-term stability and growth.
Trident Ltd
The Market Cap of Trident Ltd is ₹14,373.85 crore. The stock’s 1-month return is -6.52%, while its 1-year return is -35.5%. It is currently 66.37% away from its 52-week high.
Trident Ltd is a leading textile manufacturer known for its premium home textiles, paper, and yarn production. The company has built a strong global presence by focusing on quality, sustainability, and innovation in its product offerings across multiple markets.
With a customer-centric approach, Trident Ltd continuously invests in advanced manufacturing technologies and eco-friendly initiatives. The company is committed to expanding its market reach while maintaining strong operational efficiency and delivering high-value products to consumers worldwide.
Jaiprakash Power Ventures Ltd
The Market Cap of Jaiprakash Power Ventures Ltd is ₹9,622.26 crore. The stock’s 1-month return is -11.25%, while its 1-year return is -36.96%. It is currently 76.6% away from its 52-week high.
Jaiprakash Power Ventures Ltd is a leading power generation company in India with a diversified portfolio of power plants. The company is involved in the generation and distribution of both thermal and hydroelectric power. Despite facing operational challenges and financial stress, Jaiprakash Power has continued to focus on expanding its power generation capacity and improving efficiency in existing plants. The company is also exploring new growth avenues in the renewable energy sector, which is expected to provide long-term growth opportunities.
The company’s financial health has been impacted by the slow pace of recovery in the power sector and rising fuel costs. Nevertheless, Jaiprakash Power Ventures has been actively reducing its debt burden and improving cash flow generation. The stock’s recent performance has been mixed, with some fluctuations due to the overall market conditions and the company’s strategic decisions. Going forward, the company’s ability to successfully navigate the regulatory landscape and generate consistent returns from its operations will be critical to its long-term sustainability.
Alok Industries Ltd
The Market Cap of Alok Industries Ltd is ₹8,421.05 crore. The stock’s 1-month return is -10.26%, while its 1-year return is -43.66%. It is currently 95.84% away from its 52-week high.
Alok Industries Ltd is a prominent textile manufacturer in India, specialising in the production of a wide range of textile products, including yarn, fabrics, and garments. The company has a well-established presence in both the domestic and international markets and is recognised for its integrated manufacturing capabilities. However, Alok Industries has been grappling with financial challenges and a competitive textile market that has impacted its profit margins and growth potential. Despite these challenges, the company has focused on improving operational efficiency and reducing its debt burden to stay afloat.
The company’s performance has been hindered by the global economic slowdown and fluctuating raw material costs. Alok Industries is looking to expand its business through strategic investments in infrastructure and technology. However, its ability to recover from the financial setbacks of the past will depend on how well it can adapt to market changes, improve its product offerings, and manage its cost structure. While the stock has struggled recently, analysts remain optimistic that the company’s efforts to streamline operations and reduce debt could help it regain momentum in the future.
PC Jeweller Ltd
The Market Cap of PC Jeweller Ltd is ₹7,922.40 crore. The stock’s 1-month return is -5.5%, while its 1-year return is 148.12%. It is currently 54.03% away from its 52-week high.
PC Jeweller Ltd is a leading jewellery retailer in India, offering a wide range of gold, silver, and diamond jewellery. The company has a strong brand presence in the Indian market and operates a robust network of retail outlets across the country. In recent years, PC Jeweller has faced financial setbacks and challenges in managing its operations, which has impacted its stock performance. However, the company’s ability to rebound is reflected in its significant year-on-year growth, showcasing its resilience in a competitive market.
The company’s financial recovery has been attributed to improved inventory management, cost efficiency, and a focus on increasing its retail footprint. Despite the volatility in the gold market, PC Jeweller continues to build its product offerings and enhance customer loyalty through attractive pricing and promotional campaigns. While the stock has performed exceptionally well over the last year, its high volatility and uncertainty in the jewellery sector require investors to approach it with caution. Future growth will depend on the company’s ability to sustain its growth momentum and strengthen its market position.
South Indian Bank Ltd
The Market Cap of South Indian Bank Ltd is ₹6,522.42 crore. The stock’s 1-month return is -2.24%, while its 1-year return is -22.77%. It is currently 42.04% away from its 52-week high.
South Indian Bank Ltd is a well-established private sector bank in India, offering a wide range of banking products and services, including personal banking, corporate banking, and NRI banking. Over the years, the bank has built a strong customer base in southern India and is expanding its presence in other regions. Despite a challenging economic environment, South Indian Bank has managed to maintain a stable financial position, with improved asset quality and reduced non-performing assets (NPAs).
The bank’s focus on enhancing digital banking services and expanding its loan portfolio has helped it achieve steady growth in a competitive banking landscape. However, its performance has been somewhat subdued in the past year due to macroeconomic factors, including regulatory pressures and the rising cost of funds. South Indian Bank’s ability to manage its asset quality and enhance profitability through strategic initiatives will play a crucial role in shaping its future performance. The stock remains attractive to long-term investors, but short-term volatility may persist as it navigates the current economic landscape.
Infibeam Avenues Ltd
The Market Cap of Infibeam Avenues Ltd is ₹5,645.30 crore. The stock’s 1-month return is -9.68%, while its 1-year return is -41.45%. It is currently 106.23% away from its 52-week high.
Infibeam Avenues Ltd is a leading player in the Indian e-commerce and payment solutions market. The company offers a wide range of services, including online payment gateways, e-commerce platforms, and digital marketing services. With the growth of digital payments and e-commerce in India, Infibeam has positioned itself as a key enabler for businesses looking to tap into the rapidly expanding online space. The company’s financial performance has been relatively stable, although it faces competition from larger players in the industry.
Despite some market challenges, Infibeam has continued to innovate and expand its service offerings. The company’s focus on leveraging technology and expanding its partnerships has helped it maintain a strong position in the market. However, the stock has faced pressure in the last year due to a slowdown in consumer spending and intense competition. Moving forward, Infibeam’s success will depend on its ability to capitalise on the growing trend of digital payments and e-commerce while effectively managing operational costs and expanding its customer base.
RattanIndia Power Ltd
The Market Cap of RattanIndia Power Ltd is ₹5,498.99 crore. The stock’s 1-month return is -10.41%, while its 1-year return is -9.95%. It is currently 120.02% away from its 52-week high.
RattanIndia Power Ltd is a leading power generation company in India with a strong presence in the thermal power sector. The company operates several power plants that contribute significantly to India’s electricity supply. Despite facing operational challenges and regulatory hurdles, RattanIndia Power has been focusing on improving its operational efficiency and reducing its debt burden. The company’s emphasis on scaling up renewable energy production is expected to provide additional growth opportunities in the coming years.
The stock of RattanIndia Power Ltd has seen significant volatility, largely due to fluctuations in fuel costs and regulatory changes in the power sector. However, the company’s ability to expand its capacity and reduce debt levels could help stabilise its operations. Analysts are optimistic about its future prospects, particularly if it can capitalise on India’s push for renewable energy development. As a result, RattanIndia Power is seen as a company with potential for growth, provided it can effectively manage its challenges and deliver consistent returns to investors.
Hindustan Construction Company Ltd
The Market Cap of Hindustan Construction Company Ltd is ₹5,168.87 crore. The stock’s 1-month return is -12.91%, while its 1-year return is -37.42%. It is currently 123.39% away from its 52-week high.
Hindustan Construction Company Ltd is a leading player in the infrastructure and engineering sector. The company specialises in large-scale projects, including highways, bridges, tunnels, and hydroelectric power plants, contributing to India’s infrastructure development.
By leveraging advanced construction technologies and a strong execution track record, Hindustan Construction Company Ltd continues to expand its project portfolio. The company is committed to sustainable construction practices and delivering high-quality infrastructure solutions across the country.
What Are Share Under ₹30?
Shares priced under ₹30 represent affordable investment opportunities in the stock market, allowing retail investors to purchase holdings without significant financial outlay. These stocks may appeal to those looking to diversify their portfolios or invest with limited capital.
Investing in low-priced shares can be attractive due to their potential for high returns, especially if the companies experience growth or recovery. However, it’s essential to conduct thorough research, as lower-priced stocks may also come with higher risks, including volatility and lower liquidity in the market.
Features Of Share Under 30 Rs
The key features of shares under 30 Rs highlight their affordability and potential for high returns. These low-priced stocks are often from smaller or less-established companies, attracting investors looking for growth opportunities at lower entry costs.
- Affordability: Shares priced under 30 Rs offer a low entry point for investors, allowing them to purchase a larger quantity of shares with a relatively small capital investment, ideal for beginners or those with limited funds.
- High Risk, High Reward: These stocks typically belong to smaller or less-established companies, making them more volatile. While they offer high growth potential, they also come with increased risk compared to large-cap stocks.
- Speculative Nature: Shares under 30 Rs are often speculative investments, meaning their prices can fluctuate wildly based on market sentiment, news, or rumors, making them suitable for risk-tolerant investors.
- Growth Potential: Some low-priced shares can deliver significant returns if the underlying company grows or improves financially, offering an opportunity for high capital appreciation over time.
- Liquidity Concerns: Many shares under 30 Rs may have lower liquidity, meaning they are traded less frequently, which can make it harder for investors to buy or sell them quickly at favorable prices.
Best Share Under ₹30 Based On 6 Month Return
The table below shows the best share under ₹30 based on a 6-month return.
Stock Name | Close Price (₹) | 6M Return (%) |
PC Jeweller Ltd | 12.53 | 35.3 |
Motisons Jewellers Ltd | 20.58 | 21.76 |
South Indian Bank Ltd | 24.12 | 0.21 |
Jyoti Structures Ltd | 19.24 | -13.02 |
Unitech Ltd | 8.16 | -15.79 |
SEPC Ltd | 14.82 | -17.25 |
Jaiprakash Power Ventures Ltd | 13.46 | -23.48 |
Sindhu Trade Links Ltd | 16.98 | -23.86 |
Trident Ltd | 27.8 | -24.52 |
Yes Bank Ltd | 17.76 | -25.97 |
Top Share Under 30 Rs In India Based On 5 Year Net Profit Margin
The table below shows the top share under 30 Rs in India based on a 5-year net profit margin.
Stock Name | Close Price (₹) | 5Y Avg Net Profit Margin (%) |
Easy Trip Planners Ltd | 11.95 | 29.39 |
Utkarsh Small Finance Bank Ltd | 28.11 | 10.24 |
Infibeam Avenues Ltd | 19.64 | 8.83 |
Trident Ltd | 27.8 | 7.55 |
Hathway Cable and Datacom Ltd | 13.94 | 6.5 |
Motisons Jewellers Ltd | 20.58 | 4.89 |
Hindustan Construction Company Ltd | 25.74 | 1.06 |
Sindhu Trade Links Ltd | 16.98 | -1.89 |
Bajaj Hindusthan Sugar Ltd | 22.05 | -2.68 |
Jaiprakash Power Ventures Ltd | 13.46 | -7.73 |
Best Share Under 30 Rs Based On 1M Return
The table below shows the best share under 30 Rs based on a 1-month return.
Stock Name | Close Price (₹) | 1M Return (%) |
Vodafone Idea Ltd | 8.21 | 10.63 |
Yes Bank Ltd | 17.76 | 4.61 |
Jyoti Structures Ltd | 19.24 | 0.99 |
Utkarsh Small Finance Bank Ltd | 28.11 | 0.75 |
Unitech Ltd | 8.16 | -1.39 |
South Indian Bank Ltd | 24.12 | -2.24 |
Hathway Cable and Datacom Ltd | 13.94 | -3.95 |
PC Jeweller Ltd | 12.53 | -5.5 |
Trident Ltd | 27.8 | -6.52 |
GTL Infrastructure Ltd | 1.63 | -7.14 |
High Dividend Yield Share Under 30 Rs In India
The table below shows the high dividend yield share under 30 Rs in India.
Stock Name | Close Price (₹) | Dividend Yield (%) |
Utkarsh Small Finance Bank Ltd | 28.11 | 1.69 |
Trident Ltd | 27.8 | 1.28 |
South Indian Bank Ltd | 24.12 | 1.2 |
Easy Trip Planners Ltd | 11.95 | 0.41 |
Infibeam Avenues Ltd | 19.64 | 0.25 |
Historical Performance Of Best Share Under 30 Rs In India
The table below shows the historical performance of the best share under 30 Rs in India based on a 5-year CAGR.
Stock Name | Close Price (₹) | 5Y CAGR (%) |
Jyoti Structures Ltd | 19.24 | 66.63 |
Sindhu Trade Links Ltd | 16.98 | 54.97 |
Jaiprakash Power Ventures Ltd | 13.46 | 51.26 |
PC Jeweller Ltd | 12.53 | 46.21 |
Trident Ltd | 27.8 | 37.53 |
GTL Infrastructure Ltd | 1.63 | 36.03 |
RattanIndia Power Ltd | 9.59 | 31.38 |
SEPC Ltd | 14.82 | 30.61 |
Bajaj Hindusthan Sugar Ltd | 22.05 | 29.73 |
Unitech Ltd | 8.16 | 27.73 |
Factors To Consider When Investing In Share Under ₹30 India
The factor to consider when investing in shares under ₹30 in India is that these stocks are often highly volatile and speculative. Investors must carefully analyze the risks and opportunities before making any financial commitments.
- Company Fundamentals: Before investing, review the company’s financial health, revenue growth, debt levels, and profitability to ensure it has a solid foundation for future growth, even if its shares are priced low.
- Market Volatility: Shares under ₹30 tend to be highly volatile, with prices influenced by market sentiment, news, and speculation. Investors should be prepared for significant price fluctuations and manage risk accordingly.
- Liquidity: Low-priced stocks often have lower trading volumes, which can make buying or selling shares more challenging, especially during market downturns, potentially affecting an investor’s ability to exit positions.
- Growth Potential: While riskier, some of these stocks belong to emerging companies with strong growth prospects. Consider the industry and future potential of the company to determine whether it offers a long-term investment opportunity.
- Risk Tolerance: Investing in shares under ₹30 requires a high tolerance for risk. Assess your own financial situation and risk appetite before investing, as these stocks can result in both significant gains or losses.
How To Invest In Best Share Under 30 Rs?
Investing in top shares priced under 30 Rs can be a smart strategy for maximizing your portfolio’s potential. Start by researching companies with strong fundamentals and growth potential. Utilize platforms like Alice Blue to access detailed stock analysis and market insights. Create a diversified portfolio by selecting shares from various sectors while keeping an eye on market trends.
Impact Of Market Trends On Share Under 30 Rs
Market trends have a profound impact on shares priced under 30 Rs, as these stocks are often more volatile and sensitive to fluctuations in economic conditions. Positive market trends, such as economic growth or favorable sector developments, can drive up the value of these low-priced stocks significantly.
On the other hand, during market downturns or times of uncertainty, shares under 30 Rs are often the first to experience sharp declines, as investors tend to shift towards more stable, blue-chip stocks. These stocks may also struggle during periods of high inflation or rising interest rates.
Global events, such as geopolitical tensions or changes in international trade policies, can further impact these stocks, given their vulnerability to external factors. This makes careful market monitoring essential when investing in shares under 30 Rs.
How Share Under 30 Rs Stocks Perform in Economic Downturns?
These lower-priced stocks can often be more volatile and may react differently to economic challenges compared to their higher-priced counterparts. During tough economic times, the performance of these stocks can vary significantly.
While some might struggle due to weak investor sentiment and decreased consumer spending, others may present opportunities for growth or recovery as they adapt to the changing market conditions. Understanding these dynamics is crucial for investors looking to navigate turbulent times effectively.
Benefits Of Best Share Under 30 Rs
The primary benefit of investing in the best shares under 30 Rs is their affordability, allowing investors to acquire a significant number of shares with a small investment. These stocks offer potential high returns for those seeking growth opportunities.
- Low Entry Cost: Shares under 30 Rs provide an affordable entry point, enabling investors to build a diversified portfolio without requiring substantial capital, making them ideal for beginners or those with limited funds.
- High Growth Potential: Some of these shares belong to companies in their early stages, offering substantial growth potential if the company expands or improves, which can result in significant capital appreciation.
- Diversification Opportunity: With lower prices, investors can buy shares from multiple companies across different sectors, allowing them to spread risk and create a diversified portfolio without large upfront investments.
- Speculative Gains: For risk-tolerant investors, low-priced shares can generate quick speculative gains as market sentiment, news, or industry trends drive sharp price movements, providing short-term profit opportunities.
- Turnaround Possibilities: Some undervalued companies may experience a turnaround due to business restructuring or market conditions, leading to a significant rise in their stock prices, offering long-term benefits for patient investors.
Risks Of Investing In Share Under 30 Rs
The main risk of investing in shares under 30 Rs is their volatility and speculative nature. These stocks often belong to smaller or less established companies, making them more prone to market fluctuations and higher uncertainty.
- Low Liquidity: Many shares under 30 Rs have lower trading volumes, making it difficult to buy or sell large quantities without affecting the stock price, potentially limiting investors’ ability to exit positions quickly.
- Higher Volatility: These stocks are more sensitive to market swings, news, or rumors, leading to significant price fluctuations. Investors may face rapid losses if the market turns against them.
- Company Instability: Companies offering shares under 30 Rs may have weaker financials or face operational challenges, increasing the risk of business failure, bankruptcy, or poor stock performance in the long run.
- Limited Information: Smaller companies may not provide detailed or frequent financial disclosures, making it harder for investors to accurately assess their true value or financial health, increasing the risk of uninformed investment decisions.
- Speculative Nature: These shares often attract speculators, which can lead to sharp price movements driven by market sentiment rather than the company’s actual fundamentals, increasing the risk of loss for long-term investors.
Share Under 30 Rs GDP Contribution
Shares under 30 Rs, often representing smaller companies, contribute to India’s GDP by supporting niche industries, regional businesses, and emerging sectors. These companies, though smaller in size, create jobs, spur innovation, and contribute to economic growth, particularly in less-established markets or specialized industries.
While their contribution to GDP may not be as substantial as large-cap companies, these smaller firms play a vital role in the broader economic ecosystem. As they grow and expand, they can increase their impact on the economy through higher production, employment, and exports.
Who Should Invest In Share Under 30 Rs?
Investing in shares under 30 Rs is ideal for individuals looking for high-growth opportunities with a smaller capital investment. These stocks appeal to risk-tolerant investors who can handle market volatility and are seeking potential long-term gains from emerging or smaller companies.
- Risk-Tolerant Investors: Those willing to accept higher market volatility and risk can consider these shares, as they often provide opportunities for significant returns despite the potential for short-term price fluctuations.
- New Investors: Individuals starting with a small budget can invest in shares under 30 Rs to gain exposure to the stock market without requiring a large initial investment while learning about stock trading.
- Speculative Traders: Investors who seek short-term gains through speculative trading may find value in these stocks, which are often subject to rapid price movements based on news, sentiment, or market conditions.
FAQs – Best Share Under 30 Rs In India
These are stocks that trade at relatively low prices, making them accessible to a wide range of investors. Typically, these shares belong to smaller companies or those experiencing challenges, which can result in lower valuations. However, they may also represent hidden opportunities for significant growth if the company’s performance improves.
The Best Share Under ₹30 #1: Vodafone Idea Ltd
The Best Share Under ₹30 #2: Yes Bank Ltd
The Best Share Under ₹30 #3: Trident Ltd
The Best Share Under ₹30 #4: Jaiprakash Power Ventures Ltd
The Best Share Under ₹30 #5: Alok Industries Ltd
The top 5 stocks are based on market capitalization.
The top 5 shares under ₹30 in India based on one-year returns are PC Jeweller Ltd, RattanIndia Power Ltd, Bajaj Hindusthan Sugar Ltd, Jaiprakash Power Ventures Ltd, and Infibeam Avenues Ltd.
Investing in shares under ₹30 can be a strategic move for budget-conscious investors. Begin by researching companies with solid fundamentals and growth potential. Use platforms like Alice Blue to access the stock market efficiently. Focus on sectors showing promise and monitor market trends closely. Diversifying your investments can also help mitigate risks while maximizing potential returns. Stay informed and invest wisely.
Investing in shares priced under ₹30 can be a double-edged sword. On one hand, these low-cost stocks might present opportunities for significant returns if the company experiences growth or improves its market position. They can also be more accessible for new investors, allowing them to acquire more shares for a lower total investment. On the flip side, shares in this price range may also come with higher risks, often linked to smaller or less established companies.
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change over time.