Last Updated on Dec 26, 2023 by Anjali Chourasiya
Stocks under 50, 20, and 10 are considered penny stocks. Investing in stocks priced under Rs. 50 may present an opportunity for investors who are sailing on a modest budget. In this article, let’s look at 50 stocks under Rs. 50 based on various parameters to identify the best stocks. We consider factors such as 5-yr net profit margin, 5-yr return on equity, fundamentally strong, most active, debt-free, and high dividend paying.
Table of Contents
Best stocks under Rs. 50 in India (As of December 2023)
| Name | Sub-Sector | Market Cap (Rs. in cr.) | Close Price (Rs.) | PE Ratio | 5Y Avg Net Profit Margin (%) | 5Y Avg Return on Equity (%) |
| NCC Blue Water Products Ltd | Packaged Foods & Meats | 6.35 | 8.20 | 19.25 | 64.38 | 24.01 |
| Swarna Securities Ltd | Investment Banking & Brokerage | 10.66 | 35.55 | 14.80 | 59.25 | 17.46 |
| Garbi Finvest Ltd | Consumer Finance | 33.47 | 28.55 | 7.69 | 52.44 | 13.48 |
| Gothi Plascon India Ltd | – | 31.60 | 31.00 | 19.15 | 48.72 | 16.67 |
| Nalin Lease Finance Ltd | Consumer Finance | 24.91 | 38.00 | 8.33 | 44.71 | 11.37 |
| Leading Leasing Finance and Investment Company Ltd | Diversified Financials | 25.70 | 2.41 | 11.74 | 38.44 | 14.14 |
| Transchem Ltd | Pharmaceuticals | 31.81 | 26.00 | 25.86 | 37.58 | 11.34 |
| Interactive Financial Services Ltd | Investment Banking & Brokerage | 5.50 | 18.25 | 4.20 | 37.11 | 11.78 |
| Sagar Soya Products Ltd | Packaged Foods & Meats | 0.03 | 1.13 | -0.41 | 31.62 | 35.87 |
| Bervin Investment and Leasing Ltd | Diversified Financials | 18.98 | 32.20 | -1.89 | 31.56 | 23.36 |
Note: The data in the above table is from 22nd December 2023. The stocks are filtered using Tickertape Stock Screener using the following parameters:
- Close Price: Set to 0.03 – 50
- 5Y Average Net Profit Margin: Set the limit to 10 to High (Sort from highest to lowest)
- 5Y Average Return on Equity: Set the limit to 10 to High
Fundamentally strong stocks below Rs. 50 in India
| Name | Sub-Sector | Market Cap (Rs. in cr) | Close Price (Rs.) | PE Ratio | Fundamental Score |
| Take Solutions Ltd | IT Services & Consulting | 357.26 | 24.15 | -3.56 | 10.00 |
| Sakuma Exports Ltd | Commodities Trading | 392.89 | 16.75 | 13.81 | 7.88 |
| Madhav Copper Ltd | Metals – Copper | 90.66 | 33.40 | -20.56 | 7.83 |
| Suumaya Industries Ltd | Apparel & Accessories | 50.52 | 8.05 | -0.11 | 7.36 |
| MIRC Electronics Ltd | Home Electronics & Appliances | 377.61 | 16.35 | -30.31 | 7.00 |
| Generic Engineering Construction and Projects Ltd | Construction & Engineering | 216.65 | 40.85 | 14.15 | 6.92 |
| Ruchi Infrastructure Ltd | Agro Products | 258.60 | 12.00 | 205.24 | 6.90 |
| Pasupati Acrylon Ltd | Textiles | 317.76 | 35.65 | 8.85 | 6.72 |
| Airan Ltd | IT Services & Consulting | 304.42 | 24.35 | 29.36 | 6.65 |
| Dhanlaxmi Bank Ltd | Private Banks | 750.18 | 29.65 | 15.20 | 6.60 |
Note: The data in the above table is from 22nd December 2023. The stocks are filtered using Tickertape Stock Screener using the following parameters:
- Close Price: Set to 0.03 – 50
- Fundamental Score: Sort from highest to lowest
Most active stocks under Rs. 50
| Name | Sub-Sector | Market Cap (Rs. in cr) | Close Price (Rs.) | PE Ratio | Relative Volume |
| Kanishk Steel Industries Ltd | Iron & Steel | 79.83 | 28.09 | 8.39 | 5.31 |
| Mount Housing and Infrastructure Ltd | – | 8.64 | 28.56 | 78.59 | 5.27 |
| Manipal Finance Corp Ltd | Consumer Finance | 5.26 | 6.28 | -27.69 | 5.27 |
| Southern Gas Ltd | Gas Distribution | 0.05 | 22.68 | 0.06 | 5.27 |
| Gaekwar Mills Ltd | Textiles | 2.50 | 12.52 | -0.69 | 5.27 |
| Northlink Fiscal and Capital Services Ltd | Construction & Engineering | 6.14 | 18.91 | 87.75 | 5.09 |
| Shalimar Productions Ltd | Movies & TV Serials | 53.12 | 0.54 | 885.38 | 5.07 |
| Cyber Media India Ltd | Publishing | 51.31 | 32.75 | 12.73 | 4.91 |
| Bothra Metals and Alloys Ltd | – | 28.80 | 15.56 | -25.48 | 4.87 |
| Tirupati Tyres Ltd | Tires & Rubber | 119.14 | 48.77 | 541.56 | 4.84 |
Note: The data in the above table is from 22nd December 2023. The stocks are filtered using Tickertape Stock Screener using the following parameters:
- Close Price: Set to 0.03 – 20
- Relative Volume: Sort from highest to lowest
Debt-free penny stocks under Rs 50
| Name | Sub-Sector | Market Cap (Rs. in cr) | Close Price (Rs.) | PE Ratio |
| Brightcom Group Ltd | Advertising | 4,006.77 | 19.85 | 2.92 |
| Rajnish Wellness Ltd | FMCG – Personal Products | 906.28 | 11.80 | 1,928.25 |
| Bartronics India Ltd | Payment Infrastructure | 519.30 | 17.05 | 1.26 |
| Mangalam Industrial Finance Ltd | Diversified Financials | 414.23 | 4.31 | -82.68 |
| Swiss Military Consumer Goods Ltd | – | 387.66 | 19.73 | 62.73 |
| IL & FS Investment Managers Ltd | Asset Management | 386.26 | 12.30 | 32.24 |
| VL E-Governance & IT Solutions Ltd | IT Services & Consulting | 367.65 | 33.80 | 62.42 |
| Bhilwara Technical Textiles Ltd | Commodities Trading | 232.72 | 39.89 | -57.32 |
| DRC Systems India Ltd | Advertising | 181.04 | 41.00 | 27.02 |
| Suvidhaa Infoserve Ltd | Online Services | 180.48 | 8.70 | -103.72 |
Note: The data in the above table is from 22nd December 2023. The stocks are filtered using Tickertape Stock Screener using the following parameters:
- Close Price: Set to 0.03 – 50
- Total Debt: Set the high limit to zero
High dividend yield stocks under Rs. 50
| Name | Sub-Sector | Market Cap (Rs. in cr) | Close Price (Rs.) | PE Ratio | Dividend Yield (%) |
| Taparia Tools Ltd | Industrial Machinery | 4.43 | 2.92 | 0.06 | 1,061.64 |
| Elcid Investments Ltd | Investment Banking & Brokerage | 0.07 | 3.37 | 0.00 | 741.84 |
| Southern Gas Ltd | Gas Distribution | 0.05 | 22.68 | 0.06 | 220.59 |
| Rajnandini Metal Ltd | Metals – Diversified | 266.80 | 9.65 | 19.50 | 10.36 |
| Swastik Safe Deposit and Investments Ltd | Diversified Financials | 0.25 | 10.24 | 0.55 | 9.77 |
| M Lakhamsi Industries Ltd | – | 0.67 | 1.13 | 0.93 | 8.85 |
| Golechha Global Finance Ltd | Diversified Financials | 7.69 | 13.99 | -4.39 | 7.15 |
| IL & FS Investment Managers Ltd | Asset Management | 386.26 | 12.30 | 32.24 | 6.50 |
| Gothi Plascon India Ltd | – | 31.60 | 31.00 | 19.15 | 6.46 |
| Oswal Greentech Ltd | Real Estate | 648.44 | 25.25 | 16.21 | 5.94 |
Note: The data in the above table is from 22nd December 2023. The stocks are filtered using Tickertape Stock Screener using the following parameters:
- Close Price: Set to 0.03 – 50
- Dividend Yield: Sort from highest to lowest
Conclusion
Stocks under Rs. 50 offers a wide range of enticing investment opportunities for investors with a modest budget. That means you can start investing in stocks with Rs. 50 as well. However, it is crucial to note that investing in any stock requires you to research thoroughly and consider various factors such as your budget, investment plan, risk appetite, and more. In cases where thorough research is required, Tickertape Stock Screener can help you. With over 200 filters, pre-built screens, custom filters, a custom universe, and a lot more, the tool saves your time and effort. Start your investment journey with Tickertape today!
As an insatiable reader and learner, I’ve spent the last two years exploring the world of finance. With my creative mind and curious spirit, I love making complex finance topics easy and fun for everyone to understand. Join me on my journey as we navigate the world of finance together!
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