Hence, stocks trading under Rs 100 could be a great place for retail investors to find hidden gems.
These stocks are from an under-researched and generally avoided by institutions. These stocks under Rs.100 have the potential of great value unlocking. Similarly, Nahar spinning mills has climbed 670% from Rs.76 on 31 st December 2020 to Rs. This Tata group company cultivated great returns for its investors. On 28 th December 2021, it is trading at Rs 178. Even amongst smallcaps the stocks under Rs.100 have generated terrific wealth for investors in relatively short period of time.įor example, Tata Teleservices Maharashtra Limited (TTML) was trading at Rs 7.97 on 31 st December 2020, and within a year it skyrocketed 2,000%. So, small cap stocks have the ability to provide higher returns.
In the year 2020, BSE Sensex has generated a return of 16% whereas BSE small cap index has generated a whopping return of 32%. 100 have outperformed mid and large cap stocks.
Values are: day's closing price, previous closing price in brackets, 52-week low and high in bold, and volume traded (in 000) in bracketsĬentral Bank Of India 94.8(94.45)139-63(13)ĭr Reddy`S Lab 1780.1(1780.9)1818-1387(0) Data for 800 companies from Bombay Stock Exchange.
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