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List of Best Shares Below 20 in NSE India (2026)

Stocks under 20 Rs represent a segment of the market where companies trade at relatively low absolute prices. Many of these shares fall into the small-cap or micro-cap category and often experience higher price fluctuations than those of larger companies. Liquidity levels, financial strength, and market participation can vary widely within this range.

Best Shares Under Rs. 20 in India (2026)

Stocks Under Rs. 20

List of Stocks Under Rs. 20 listed in NSE.

Showing 1 - 20 of 51 results

last updated at 6:30 PM IST 
NameStocks (51)Sub-SectorSub-SectorMarket CapMarket CapClose PriceClose PricePE RatioPE Ratio1M Return1M Return6M Return6M Return1Y Return1Y ReturnPB RatioPB RatioReturn on EquityReturn on EquityROCEROCE
1.Vodafone Idea LtdIDEATelecom ServicesTelecom Services1,00,433.991,00,433.999.279.27-3.67-3.67-19.32-19.3213.8813.8833.3833.38-1.43-1.43---1.99-1.99
2.Yes Bank LtdYESBANKPrivate BanksPrivate Banks58,993.7158,993.7118.8018.8024.1124.11-10.35-10.35-10.52-10.5216.1216.121.231.235.445.442.312.31
3.Jaiprakash Power Ventures LtdJPPOWERRenewable EnergyRenewable Energy9,526.319,526.3113.9013.9011.7111.71-8.13-8.13-26.34-26.343.353.350.770.776.846.8410.0610.06
4.PC Jeweller LtdPCJEWELLERPrecious Metals, Jewellery & WatchesPrecious Metals, Jewellery & Watches6,822.256,822.258.518.5111.8111.81-15.24-15.24-35.58-35.58-39.08-39.081.101.1012.6612.668.068.06
5.Alok Industries LtdALOKINDSTextilesTextiles6,469.716,469.7113.0313.03-7.92-7.92-15.55-15.55-30.36-30.36-18.10-18.10-0.38-0.38---3.59-3.59
6.Avenuesai LtdCCAVENUEPayment InfrastructurePayment Infrastructure4,923.164,923.1614.1514.1521.8421.84-22.17-22.17-12.44-12.44-11.84-11.841.281.286.246.247.567.56
7.Dhenu Buildcon Infra LtdDHENUBUILDCommodities TradingCommodities Trading4,711.434,711.437.947.94-12,080.59-12,080.590.630.6334.5834.5843.5843.581,819.091,819.09-13.98-13.98-15.00-15.00
8.RattanIndia Power LtdRTNPOWERPower GenerationPower Generation4,371.274,371.278.148.1419.7019.70-7.50-7.50-33.11-33.11-12.00-12.000.880.884.574.578.068.06
9.Hindustan Construction Company LtdHCCConstruction & EngineeringConstruction & Engineering4,015.644,015.6415.3315.3335.6535.65-23.50-23.50-35.94-35.94-19.49-19.494.434.4330.5530.5534.4634.46
10.Easy Trip Planners LtdEASEMYTRIPTour & Travel ServicesTour & Travel Services2,545.802,545.807.007.0023.7123.715.425.42-18.79-18.79-44.40-44.403.433.4315.7115.7117.3517.35
11.Utkarsh Small Finance Bank LtdUTKARSHBNKDiversified FinancialsDiversified Financials2,185.262,185.2612.2812.2892.2092.20-9.57-9.57-32.97-32.97-34.08-34.080.730.730.800.800.420.42
12.Indiabulls LtdIBULLSLTDRetail - OnlineRetail - Online2,173.082,173.089.739.73-31.86-31.861.461.46-45.52-45.52-30.99-30.99-7.86-7.86--3.093.09
13.Spicejet LtdSPICEJETAirlinesAirlines2,106.022,106.0213.8013.8033.5533.55-29.70-29.70-57.46-57.46-69.66-69.66-1.08-1.08---463.25-463.25
14.Bajaj Hindusthan Sugar LtdBAJAJHINDSugarSugar2,063.892,063.8916.1816.18-87.56-87.56-5.66-5.66-24.32-24.32-15.24-15.240.490.49-0.54-0.540.910.91
15.Brightcom Group LtdBCGAdvertisingAdvertising1,881.261,881.269.599.592.652.65-37.78-37.78-38.68-38.68-53.69-53.690.220.228.628.6211.6611.66
16.Hathway Cable and Datacom LtdHATHWAYCable & D2HCable & D2H1,743.551,743.559.859.8518.8518.85-12.83-12.83-33.89-33.89-25.38-25.380.400.402.132.132.882.88
17.Blue Cloud Softech Solutions LtdBLUECLOUDSSoftware ServicesSoftware Services1,428.601,428.6018.9718.9732.2632.26-14.30-14.30-35.80-35.80-18.55-18.5511.7311.7344.4844.4838.8438.84
18.GTL Infrastructure LtdGTLINFRATelecom InfrastructureTelecom Infrastructure1,344.961,344.961.051.05-1.54-1.54-16.67-16.67-30.46-30.46-30.00-30.00-0.23-0.23---0.98-0.98
19.Motisons Jewellers LtdMOTISONSPrecious Metals, Jewellery & WatchesPrecious Metals, Jewellery & Watches1,316.311,316.3113.1413.1430.5030.50-17.87-17.87-29.66-29.66-22.20-22.203.183.1811.6411.6415.9315.93
20.Jyoti Structures LtdJYOTISTRUCPower Transmission & DistributionPower Transmission & Distribution1,309.441,309.4410.9710.9736.7736.771.111.11-32.62-32.62-30.96-30.962.332.3313.2713.271.421.42

Disclaimer: Please note that the above table is for informational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing. The data is derived from Tickertape Stock Screener and is subject to real-time updates.

Selection criteria: Close Price: <20, Market Cap: >500 | Market Cap: Sorted from Highest to Lowest

How to Invest in Shares Under Rs. 20?

Investing in shares under Rs. 20 using Tickertape is a straightforward process. Tickertape is a powerful stock analysis and screening tool that helps you make informed investment decisions. Here’s how you can use Tickertape to invest in shares under Rs. 20:

  1. Sign Up and Log In: You can create an account on the Tickertape or log in if you already have one.
  2. Search for shares under Rs. 20: Go to Tickertape Stock Screener and set the higher limit of Close Price at 20
  3. Use Filters: You can apply over 200 filters to get stocks sorted based on criteria like market cap, P/E ratio, or dividend yield. You can create your own custom filter, in case your preferred parameters are not available. This can help you narrow down the top shares under Rs. 20.
  4. Analyse Stock Data: Tickertape provides comprehensive data on each stock, including financials, performance metrics, future projections, red flags, and more. You can review this data to assess each company’s health and potential in depth.
  5. Add to Watchlist: You may keep track of potential investments by adding them to your watchlist.
  6. Invest Through Your Broker: Once you’ve decided on a stock, you can place a buy order through your brokerage account linked to Tickertape.

You can stay updated with each of your favourite stocks’ alerts and announcements with Tickertape Alerts. Further, you can analyse your overall portfolio and potential red flags in it by connecting it to Tickertape. Check out detailed analysis of your portfolio now!

Overview of the Top Shares Under ₹20 in India

Vodafone Idea Ltd

A leading telecommunications company in India, Vodafone Idea Ltd offers mobile voice and data services across the country. Among the best stocks under ₹20 known for its extensive network, it provides innovative solutions for individual and enterprise customers, including 4G, IoT, and enterprise connectivity services.

Yes Bank Ltd

Yes Bank is a private sector bank in India offering a wide range of banking and financial services. It focuses on retail, corporate, and SME banking, along with digital banking solutions. Among the stocks below ₹20, Yes Bank also provides investment banking, asset management, and wealth management offerings.

Jaiprakash Power Ventures Ltd

Jaiprakash Power Ventures operates in the power generation sector, focusing on hydroelectric and thermal power projects. Among the top stocks under ₹20, it is part of the Jaypee Group, contributing significantly to India's energy infrastructure with a strong emphasis on renewable and sustainable solutions.

PC Jeweller Ltd

A prominent player in the Indian jewelry industry, PC Jeweller specialises in designing and retailing gold, diamond, and silver ornaments. The company is renowned for its craftsmanship, offering a mix of traditional and contemporary designs to cater to diverse customer preferences.

Alok Industries Ltd

Alok Industries Ltd is a leading Indian textile manufacturer engaged in the production of world-class yarns, garments, home textiles, and polyester products. It is one of the best stocks under ₹20 with integrated operations spanning spinning, weaving, processing, and garmenting.

What are Shares Under ₹20?

Shares under ₹20 are considered low-priced stocks, typically originating from small-cap or micro-cap companies, characterised by higher volatility and limited liquidity. Investors should carefully assess market capitalisation, fundamentals, and transparency before considering them for investment.

Features of Stocks Under 20 Rs

Market Capitalisation

Shares under ₹20 often belong to micro-cap or small-cap companies, which may offer growth potential but come with higher risk due to their smaller size and lower stability.

Earnings and Revenue Trends

Companies with shares priced below ₹20 may show inconsistent earnings or volatile revenue growth, which can lead to price fluctuations despite the low share price.

Liquidity and Trading Volume

Stocks priced under ₹20 often have lower liquidity, meaning that buying or selling in large quantities can lead to significant price movements and widen the bid-ask spread.

Debt Levels

Many companies with shares under ₹20 may have higher debt-to-equity ratios, indicating a potential risk if the company faces financial stress or economic downturns.

Price-to-Earnings (P/E) Ratio

Low-priced stocks can sometimes have a lower P/E ratio compared to their industry peers, signalling undervaluation; however, this may also reflect underlying challenges such as profitability or market sentiment.

Regulatory Compliance

Companies with shares under ₹20 can sometimes have fewer analysts covering them, leading to lower transparency. It's crucial to ensure that these companies are compliant with regulatory standards, such as those set by SEBI, and financial reporting requirements.

Who Can Invest in Stocks Under Rs. 20?

New Investors with Limited Capital

For new investors, exploring the low price shares can help identify affordable stocks that fit their strategies. These stocks offer a chance to enter the market without a significant financial commitment, allowing beginners to build a portfolio and gain experience.

Risk-Tolerant Investors

If you have a high appetite for risk, these stocks may suit your profile. Their volatility can lead to rapid gains or losses, making them suitable for those who understand market fluctuations.

Short-Term Traders

For short-term traders, low-priced stocks can present quick opportunities due to their price swings. Skilled traders can capitalise on these movements with the right strategies.

Multibagger Seekers

Investors looking for penny stocks with multibagger potential may find hidden gems among low-priced stocks with growth potential.

Advantages of Investing in Shares Under Rs. 20 in India

Low Initial Investment

The best-performing stocks under ₹20 are affordable, allowing investors to enter the stock market with minimal capital, making them accessible to a broader audience.

High Return Potential

Due to their low prices, even modest upward movements can result in notable returns, which is why some are identified as high-growth stocks under ₹20.

Opportunity to Invest in Emerging Companies

Many growth stocks under ₹20 often belong to small or emerging companies, providing investors the chance to support and benefit from the growth of potentially successful businesses.

Potential for Multibagger Returns

Some penny stocks, which include small-cap stocks below ₹20, can be potential multibagger stocks, delivering returns multiple times the initial investment if the underlying companies perform exceptionally well.

Higher Volatility Offers Trading Opportunities

Traders may capitalise on the high volatility of short-term price movements, potentially leading to quick profits from short-term stocks under ₹20.

Access to Niche Markets

Investors looking to explore specialised industries may find undervalued stocks below ₹20 within lesser-known segments of the market.

Risks of Investing in the Top 10 Penny Stocks in India under Rs 20

Limited Information

Companies with stocks under 20 Rs., including even the best stock under 20, may not always adequately disclose information regarding their financial health and operations, potentially resulting in investment decisions being made on incomplete data.

Risk of Delisting

Even the best company share under 30 Rs can face a heightened risk of delisting, particularly those on the NSE India top gainers, as they may fail to meet the minimum price requirements established by stock exchanges.

Susceptibility to Market Sentiment

Even the best stocks under 20 Rs. can be more susceptible to market sentiment and speculative trading, which can lead to erratic stock price movements unrelated to the company’s fundamentals. If you are wondering what today’s market sentiment is, click here.

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Factors to Consider Before Investing in Shares Under Rs. 20

Company Fundamentals

Assess the company's financial health, including profitability, debt levels, and cash flow. Strong fundamentals seen in the best stocks under ₹20 indicate stability and growth potential.

Market Liquidity

Evaluate the trading volume of NSE stocks under ₹20 to ensure sufficient liquidity. Many dividend stocks below ₹20 may face liquidity constraints, impacting buying and selling ease.

Industry Position

Assessing whether the company is part of low-risk stocks under ₹20 or faces significant market threats is essential to understand competitive positioning.

Regulatory Compliance

Ensure the company adheres to regulatory standards and maintains transparency in its operations. Non-compliance can lead to legal issues and impact stock performance.

Price Volatility

Understanding historical price swings is key, especially when dealing with undervalued penny stocks, including mid-cap stocks under ₹20, that are more prone to unpredictable movements.

Investment Horizon and Risk Tolerance

While evaluating the best investment stocks under ₹20, align your investment with your financial goals and risk appetite. Penny stocks can offer high returns but also come with increased risk, making them more suitable for investors with a higher risk tolerance.

To Wrap It Up

Timing plays a significant role in stock market investments. The right stock, at the right moment, has the potential to deliver impressive returns. Investing in semi-penny stocks can be rewarding, particularly when backed by strong growth potential and thorough research. However, the inherent risks are higher with such stocks, requiring careful consideration.

Frequently Asked Questions on Shares Under Rs. 20

  1. Are stocks under ₹20 good investments?

    These stocks can offer high growth potential but come with increased risk. Investors should assess their risk tolerance and conduct due diligence before investing. Disclaimer: This content is for informational purposes only and does not constitute investment advice. Please consult a SEBI-registered financial advisor before making any investment decisions.

  2. How can I find stocks under ₹20?

    Use stock screener platforms like the Tickertape Stock Screener that allow filtering stocks by price. By setting the stock price limit to ₹20, you can generate the list of stocks trading under ₹20.

  3. What factors should I consider before investing in low-priced stocks?

    Investors can evaluate the company's financial health, market position, growth prospects, and management quality. Those tracking top gainers share under 20 Rs should also examine whether recent price moves reflect sustainable business improvement or short-term trading activity. Market trends and industry performance can provide additional context.

  4. What are the risks associated with investing in shares under ₹20?

    Risks include high volatility, low liquidity, limited information availability, and potential for fraud. Shares that frequently appear among top gainers share under 20 Rs may experience sharp price swings, which can increase uncertainty for investors. Careful analysis remains essential.

  5. Can I make quick profits with stocks under ₹20?

    While quick profits are possible, they are not guaranteed. Stocks under ₹20, including those with the lowest share price in India, can be highly volatile, and prices may not move as anticipated. Rapid gains can reverse just as quickly, especially in thinly traded counters. Disclaimer: This content is for informational purposes only and does not constitute investment advice. Please consult a SEBI-registered financial advisor before making any investment decisions.

  6. How to invest in stocks under ₹20?

    Here's how you can invest in stocks under ₹20-
    1. Go to the Tickertape Stock Screener
    2. Set the Close Price higher limit at 20.
    3. From this penny stocks list, analyse and sort the best shares under 20 using over 200+ filters—including valuation ratios, financials, technical indicators, and more, based on your investment thesis.
    4. Review the filtered low price share list of top gainers under 20 Rs share NSE, and identify stocks that best align with your risk appetite, return expectations, and investment goals.
    5. Once you've shortlisted the stocks, click 'Place Order' to invest in your preferred stocks under ₹20.

    Disclaimer: Please do your own research or consult your financial advisor before investing.

  7. Should I diversify my investments in stocks under Rs. 20?

    Diversification within stocks under ₹20, including those screened from the top 50 shares under 20 rs lists, offers limited risk mitigation because many of these stocks share similar vulnerabilities such as low liquidity, weak fundamentals, and high volatility. Even when multiple names appear in such lists, structural risks can remain concentrated. Disclaimer: This content is for informational purposes only and does not constitute investment advice. Please consult a SEBI-registered financial advisor before making any investment decisions.

  8. Are stocks under 20 Rs suitable for beginners in the stock market?

    Stocks under ₹20, including those trading near the lowest share price in India, are generally not suitable for beginners. A very low price can create a misleading perception of affordability, but such stocks may carry risks such as price manipulation, weak disclosures, and limited exit options during downturns. Disclaimer: This content is for informational purposes only and does not constitute investment advice. Please consult a SEBI-registered financial advisor before making any investment decisions.