Top fundamentally strong stocks under ₹100 in India are selected based on their solid financial performance, consistent earnings, and growth potential. These stocks offer investors a low-cost entry point with a chance to invest in strong, undervalued companies.
The table below shows the top fundamentally strong stocks below ₹100 in India based on market capitalization.
| Name | Market Cap (Cr) | Close Price (Rs) | 1Y Return % |
| Suzlon Energy Ltd | 84,547.91 | 61.95 | 63.89 |
| NMDC Ltd | 59,485.44 | 67.66 | -6.63 |
| Bank of Maharashtra Ltd | 42,403.54 | 55.13 | 16.55 |
| NBCC (India) Ltd | 24,980.40 | 92.52 | 57.7 |
| Trident Ltd | 17,154.66 | 34.09 | -10.05 |
| Jaiprakash Power Ventures Ltd | 12,110.06 | 17.67 | 11.48 |
| MMTC Ltd | 11,175.00 | 74.5 | 25 |
| Lloyds Engineering Works Ltd | 9,911.18 | 85.29 | 99.28 |
| Rattanindia Enterprises Ltd | 8,883.85 | 64.27 | -14.57 |
| Shree Renuka Sugars Ltd | 8,560.79 | 40.22 | -14.7 |
Table of Contents
What are Fundamentally Strong Stocks under ₹100?
Fundamentally strong stocks under ₹100 are shares of companies with robust financial health, including strong balance sheets, consistent earnings, and positive cash flows. These companies tend to be more resilient, even during market downturns, making them attractive long-term investment options.
Investors should research such stocks by analyzing financial statements, assessing the company’s industry position, and comparing it to competitors. It’s also essential to evaluate whether the stock is fairly valued, ensuring it’s a sound investment choice with growth potential.
Features of Fundamentally Strong Stocks under 100 Rs
The main features of fundamentally strong stocks under ₹100 include strong financial health, consistent earnings, competitive positioning, and attractive valuation. These stocks tend to offer better long-term growth potential while minimizing risks associated with volatile market conditions.
- Financial Stability: Fundamentally strong stocks have a solid financial base, including low debt levels, healthy cash flows, and consistent profitability. This ensures the company can weather market volatility and economic challenges with greater ease.
- Consistent Earnings: Companies with fundamentally strong stocks often demonstrate consistent revenue and profit growth. This indicates a well-managed business with sustainable operations, attracting investors seeking stability and long-term returns.
- Competitive Advantage: Strong stocks typically operate in industries where they hold a competitive edge, such as market leadership or unique products. This helps the company outperform competitors and maintain steady growth even during economic downturns.
- Attractive Valuation: Fundamentally strong stocks under ₹100 are often undervalued, offering investors an opportunity to buy quality shares at a lower price. This undervaluation provides potential for price appreciation as the market recognizes the stock’s true value.
How to Identify Fundamentally Strong Stocks under ₹100?
To identify fundamentally strong stocks under ₹100, begin by analyzing the company’s financial performance. Look for consistent revenue growth, profitability, and strong cash flows. Assess key financial ratios like debt-to-equity, return on equity (ROE), and price-to-earnings (P/E) to ensure value.
Additionally, research the company’s market position, management quality, and growth prospects. A strong management team and competitive advantages are essential for long-term success. Ensure that the stock is undervalued, as an attractive price-to-value ratio is crucial when selecting fundamentally strong stocks under ₹100 for investment.
Best Fundamentally Strong Stocks under 100 Rs
The table below shows the best fundamentally strong stocks below ₹100 in India based on a 1-month return.
| Name | 1M Return (%) | Close Price (Rs) |
| Paramount Communications Ltd | 22.68 | 85.5 |
| Cropster Agro Ltd | 14.46 | 25.57 |
| Lloyds Enterprises Ltd | 10.74 | 57.3 |
| Welspun Specialty Solutions Ltd | 8.33 | 46.78 |
| RattanIndia Power Ltd | 0.9 | 13.55 |
| Trident Ltd | 0.18 | 34.09 |
| Patel Engineering Ltd | -1.12 | 52.65 |
| Lloyds Engineering Works Ltd | -1.31 | 85.29 |
| MSP Steel & Power Ltd | -1.66 | 44.21 |
| Confidence Petroleum India Ltd | -1.86 | 76.39 |
Top 10 Strong Fundamental Stocks under ₹100 in India
The table below shows the top 10 strong fundamental stocks below ₹100 in India based on a 5-year net profit margin.
| Name | 5Y Avg Net Profit Margin | Close Price (Rs) |
| NMDC Ltd | 31.43 | 67.66 |
| Cupid Ltd | 19.62 | 79.68 |
| Lloyds Enterprises Ltd | 18.61 | 57.3 |
| MMTC Ltd | 14.57 | 74.5 |
| Andhra Paper Ltd | 13.62 | 95.32 |
| Blue Cloud Softech Solutions Ltd | 11.71 | 96.08 |
| Magellanic Cloud Ltd | 9.8 | 70.06 |
| Bank of Maharashtra Ltd | 9.19 | 55.13 |
| Trident Ltd | 7.55 | 34.09 |
| Lloyds Engineering Works Ltd | 7.36 | 85.29 |
Fundamentally Strong Stocks under ₹100 List
The table below shows a list of the best fundamentally strong stocks below ₹100 in India based on a 6-month return.
| Name | 6M Return (%) | Close Price (Rs) |
| Cropster Agro Ltd | 83.52 | 25.57 |
| Lloyds Enterprises Ltd | 80.53 | 57.3 |
| MSP Steel & Power Ltd | 59.78 | 44.21 |
| Morepen Laboratories Ltd | 40.57 | 78.97 |
| Lloyds Engineering Works Ltd | 20.96 | 85.29 |
| Suzlon Energy Ltd | 15.73 | 61.95 |
| Paramount Communications Ltd | 13.86 | 85.5 |
| Rama Steel Tubes Ltd | 7.16 | 12.27 |
| Welspun Specialty Solutions Ltd | 6.56 | 46.78 |
| Imagicaaworld Entertainment Ltd | -6.66 | 72.43 |
Factors to Consider When Investing in Fundamentally Strong Stocks below ₹100
The main factors to consider when investing in fundamentally strong stocks below ₹100 include financial performance, industry position, valuation, and growth potential. Evaluating these factors helps investors make informed decisions while minimizing risks associated with low-priced stocks.
- Financial Performance: Assess the company’s financials, including revenue, profitability, and debt levels. Strong earnings and a manageable debt-to-equity ratio indicate stability and the ability to withstand market fluctuations.
- Industry Position: Analyze the company’s market share and competitive edge within its industry. Firms with a strong position often show better resilience and growth prospects compared to their peers.
- Valuation Metrics: Check valuation indicators like the PE ratio, 1-month return, 1-year return, and 5 Year Net Profit Margin to ensure the stock isn’t overpriced. A fundamentally strong stock should be fairly valued relative to its peers and market conditions.
- Growth Potential: Evaluate the company’s future growth prospects, such as expansion plans, innovation, or entry into new markets. Stocks with high growth potential may provide better returns in the long run.
Who Can Invest in Fundamentally Strong Stocks under ₹100?
Anyone can invest in fundamentally strong stocks under ₹100, making them ideal for beginners, seasoned investors, and those with limited capital. These stocks provide an affordable entry point, enabling individuals to participate in the stock market and build their portfolios.
Small-scale investors, students, and first-time traders particularly benefit from these opportunities, as they allow gradual wealth creation without significant financial risk. Additionally, experienced investors may include such stocks to diversify their portfolios and capitalize on potential growth in undervalued companies.
How to Invest in Fundamentally Strong Stocks below 100 Rs?
To invest in fundamentally strong stocks below ₹100, follow these steps:
- Open a Demat and Trading Account: Choose a brokerage platform like Alice Blue and complete the KYC process to start trading.
- Research the Stocks: Analyze the company’s financials, industry position, and valuation to ensure it meets fundamental strength criteria.
- Place Your Buy Order: Log in to your trading account, search for the stock, and specify the number of shares you want to purchase.
- Monitor Your Investment: Regularly track the stock’s performance and market news to make informed decisions on holding or selling.
- Brokerage Tariffs: Please note that Alice Blue’s updated brokerage tariff is now Rs. 20 per order, which will apply to all trades.
Advantages of Investing in Fundamentally Strong Stocks under ₹100
The main advantages of investing in fundamentally strong stocks under ₹100 include affordability, potential for high returns, portfolio diversification, and resilience during market fluctuations. These stocks provide opportunities for investors to gain exposure to quality companies at a relatively lower investment cost.
- Affordability: Stocks priced under ₹100 are accessible to a wide range of investors, including beginners. These affordable entry points allow individuals to start building a portfolio without requiring significant capital, encouraging participation in equity markets.
- Potential for High Returns: Fundamentally strong low-priced stocks often have substantial growth potential. If the company expands its operations or improves profitability, investors can benefit from significant capital appreciation over time.
- Portfolio Diversification: Investing in a mix of low-priced fundamentally strong stocks enables diversification. This reduces overall portfolio risk by spreading investments across different sectors and companies, minimizing the impact of underperformance in any single stock.
- Resilience During Market Fluctuations: Fundamentally strong stocks tend to weather market downturns better than weaker peers. Even when priced under ₹100, these companies often demonstrate stability, making them valuable additions to a long-term investment strategy.
Risks of Investing in Fundamentally Strong Stocks under 100 Rupees?
The main risks of investing in fundamentally strong stocks under ₹100 include higher volatility, limited liquidity, potential mispricing, and sector-specific vulnerabilities. While these stocks may seem attractive, careful analysis and due diligence are essential to minimize investment risks.
- Higher Volatility: Stocks priced under ₹100 often experience significant price fluctuations due to their lower market capitalization. This volatility can lead to unexpected losses, even if the company is fundamentally strong, making it critical for investors to monitor market trends.
- Limited Liquidity: Low-priced stocks may have lower trading volumes, making it challenging to execute large transactions without affecting the price. Investors might face delays or unfavorable prices when buying or selling these stocks.
- Potential Mispricing: Even fundamentally strong stocks under ₹100 can be mispriced due to market inefficiencies. Misjudging a stock’s fair value may result in buying overvalued shares or missing out on better opportunities elsewhere.
- Sector-Specific Risks: These stocks often belong to niche or underperforming sectors, which might face specific challenges. Economic downturns or industry-specific issues can disproportionately impact their performance, despite their strong fundamentals.
Introduction to Fundamentally Strong Stocks below 100 Rs
Suzlon Energy Ltd
Suzlon Energy Ltd is a leading renewable energy solutions provider specializing in wind turbine manufacturing. Headquartered in India, the company is a pioneer in sustainable energy, offering innovative and efficient wind energy solutions to power industries, communities, and nations.
In September 2024, Suzlon Energy Ltd reported a total revenue of ₹2,121.2 crore, an increase from ₹2,044.4 crore in June 2024. The company’s net profit for the period stood at ₹200.2 crore, down from ₹302.3 crore in the previous quarter.
Key metrics:
- Earnings per share (EPS): ₹0.51
- Return on equity (ROE): 26.31%
NMDC Ltd
NMDC Ltd, a government-owned entity, is India’s largest iron ore producer. It operates major mining facilities and contributes significantly to the country’s mineral development. NMDC is known for its high-quality iron ore and strategic initiatives in sustainable mining practices.
NMDC Ltd reported a total revenue of ₹5,279.7 crore in September 2024, down from ₹5,779.1 crore in June 2024. The net profit for the period was ₹1,211.6 crore, a decrease from ₹1,970.8 crore in the previous quarter.
Key metrics:
- Earnings per share (EPS): ₹6.34
- Return on equity (ROE): 23.06%
Bank of Maharashtra Ltd
Bank of Maharashtra Ltd is a prominent public sector bank in India, offering comprehensive banking services to individuals and businesses. With a vast branch network, it emphasizes inclusive growth, focusing on rural and urban financial solutions and promoting entrepreneurship.
Bank of Maharashtra reported a total revenue of ₹6,809.4 crore in September 2024, slightly higher than ₹6,768.8 crore in June 2024. The net profit for the quarter stood at ₹1,332.8 crore, an increase from ₹1,295.1 crore.
Key metrics:
- Earnings per share (EPS): ₹5.90
- Return on equity (ROE): 22.84%
NBCC (India) Ltd
NBCC (India) Ltd, a government-owned corporation, specializes in project management and consultancy in civil engineering. It is recognized for executing high-value construction projects, including residential, commercial, and infrastructure developments, contributing to the nation’s progress and urban transformation.
NBCC (India) reported a total revenue of ₹2,526 crore in September 2024, an increase from ₹2,197.8 crore in June 2024. The net profit for the quarter was ₹122.1 crore, up from ₹104.6 crore in the previous quarter.
Key metrics:
- Earnings per share (EPS): ₹1.49
- Return on equity (ROE): 17.70%
Trident Ltd
Trident Ltd is a leading Indian textile and paper manufacturer. Known for producing premium home textiles, yarn, and eco-friendly paper, Trident serves global markets, emphasizing sustainability, innovation, and quality, making it a trusted name in the manufacturing industry.
Trident Ltd reported a total revenue of ₹1,724.3 crore in September 2024, a slight decrease from ₹1,757.6 crore in June 2024. The net profit for the quarter was ₹83.2 crore, an increase from ₹73.7 crore in the previous quarter.
Key metrics:
- Earnings per share (EPS): ₹0.69
- Return on equity (ROE): 8.21%
Jaiprakash Power Ventures Ltd
Jaiprakash Power Ventures Ltd is a key player in India’s power generation sector. It operates hydroelectric and thermal power plants, contributing to the nation’s energy needs. The company focuses on developing efficient, sustainable energy solutions to support India’s growing economy.
Jaiprakash Power Ventures Ltd reported a decline in total revenue to ₹1,305.2 crore in September 2024, compared to ₹1,779.1 crore in June 2024. Net profit also decreased to ₹182.7 crore from ₹348.5 crore in the previous quarter.
Key metrics:
- Earnings per share (EPS): ₹1.49
- Return on equity (ROE): 9.31%
MMTC Ltd
MMTC Ltd, a government-owned enterprise, is one of India’s largest trading companies. It engages in the import and export of minerals, metals, and agricultural products, playing a crucial role in global trade and supporting India’s economic development.
MMTC Ltd reported a significant decline in total revenue to ₹44.6 crore in September 2024, compared to ₹138.8 crore in June 2024. However, net profit improved to ₹48.1 crore, up from ₹32.7 crore in the previous quarter.
Key metrics:
- Earnings per share (EPS): ₹1.28
- Return on equity (ROE): 12.65%
Lloyds Engineering Works Ltd
Lloyds Engineering Works Ltd is a prominent engineering company specializing in heavy engineering and manufacturing. It serves industries like power, steel, and infrastructure by providing high-quality products and engineering solutions, fostering innovation and reliability in industrial operations.
Lloyds Engineering Works Ltd’s Q2 FY24 report highlights an increase in total revenue to ₹217.9 crore from ₹137.3 crore in Q1 FY24. Net profit also rose to ₹28 crore, compared to ₹21.2 crore, indicating a positive financial performance with improved revenue and profitability.
Key metrics:
- Earnings per share (EPS): ₹0.74
Return on equity (ROE): 26.33%
Rattanindia Enterprises Ltd
RattanIndia Enterprises Ltd is a diversified Indian company operating in renewable energy, electric mobility, and new-age digital businesses. With a focus on innovation and sustainable development, the company aims to create impactful solutions in emerging technology and clean energy sectors.
Rattanindia Enterprises Ltd saw a decline in total revenue to ₹1,800.9 crore in September 2024, down from ₹2,497.9 crore in June 2024. The company also reported a net loss of ₹241.3 crore, a significant contrast to the ₹851.7 crore profit in the previous quarter.
Key metrics:
- Earnings per share (EPS): ₹3.08
- Return on equity (ROE): 67.54%
Shree Renuka Sugars Ltd
Shree Renuka Sugars Ltd is a leading sugar producer in India and a global ethanol manufacturer. The company operates integrated sugar refineries and bioenergy facilities, emphasizing renewable energy, agro-industry development, and sustainable practices in sugar production.
Shree Renuka Sugars Ltd reported a decline in total revenue to ₹2,578.2 crore in September 2024 from ₹3,075 crore in June 2024. The company also faced a net loss of ₹22.3 crore, improving from the ₹165.5 crore loss in the previous quarter.
Key metrics:
- Earnings per share (EPS): ₹-2.95
- Return on equity (ROE): Not available
Fundamentally Strong Stocks under ₹100 – FAQs
The best fundamentally strong stocks under ₹100 #1 Suzlon Energy Ltd
The best fundamentally strong stocks under ₹100 #2 NMDC Ltd
The best fundamentally strong stocks under ₹100 #3 Bank of Maharashtra Ltd
The best fundamentally strong stocks under ₹100 #4 NBCC (India) Ltd
The best fundamentally strong stocks under ₹100 #5 Trident Ltd
The best fundamentally strong stocks under ₹100 are based on market capitalization.
Fundamentally strong stocks under ₹100 based on a 1-month return include Paramount Communications Ltd, Cropster Agro Ltd, Lloyds Enterprises Ltd, Welspun Specialty Solutions Ltd, and RattanIndia Power Ltd.
The top 5 fundamentally strong stocks under ₹100 based on 5Y average net Profit Margin typically include NMDC Ltd, Cupid Ltd, Lloyds Enterprises Ltd, MMTC Ltd, and Andhra Paper Ltd.
To invest in fundamentally strong stocks under ₹100, first research companies with solid financials. Open a Demat and trading account with a broker like Alice Blue. Once you’ve selected your stocks, place a buy order through your trading platform to invest in them.
Yes, fundamentally strong stocks under ₹100 can be overvalued if their market prices are higher than their intrinsic value. It is essential to analyze valuation ratios, such as P/E or P/B, to avoid overpaying for such stocks.
Market volatility can affect even fundamentally strong stocks under ₹100, causing short-term price fluctuations. However, such stocks usually recover quickly due to their strong fundamentals, making them more resilient to market swings than their weaker counterparts.
Investing in fundamentally strong stocks below ₹100 can be a good strategy if the stock has strong growth potential, low debt, and good management. However, it’s important to conduct thorough research and avoid purely price-driven investment decisions.
Yes, you can buy fundamentally strong stocks under ₹100 through a brokerage account. Ensure the stocks meet your investment criteria by analyzing their financial health and growth prospects before purchasing, keeping in mind the company’s long-term potential.
We hope you’re clear on the topic, but there’s more to explore in stocks, commodities, mutual funds, and related areas. Here are important topics to learn about.
Disclaimer: The above article is written for educational purposes and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
