Penny stocks are low-priced shares of small-cap companies, typically trading below ₹100, offering investors high return potential but also carrying significant risk. Below is a curated list of 35 penny stocks under ₹100, spanning various sectors, that are actively traded and currently drawing investor interest.
✅ Banking Sector Penny Stocks
- South Indian Bank – Around ₹20. Showing improved performance and digital adoption.
- UCO Bank – Priced near ₹31. Benefiting from government reforms and stable profits.
- IDBI Bank – Close to ₹77. Attracts with solid balance sheet and institutional support.
- Yes Bank – Around ₹17. Ongoing recovery and cost control make it a turnaround story.
- Indian Overseas Bank – Around ₹37. Enhanced asset quality and loan book expansion.
- Canara Bank – Around ₹90. Strong fundamentals and earnings growth.
- Central Bank of India – Priced at ₹41. Government-backed and undergoing restructuring.
- Bank of Maharashtra – Near ₹46. Attractive valuation and improving fundamentals.
- Ujjivan Small Finance Bank – Priced around ₹57. Consistent growth with decent dividend yield.
⚡ Energy & Infrastructure
- Suzlon Energy – ₹25–₹55 range. Renewable energy focus with strong order book.
- NHPC Ltd – Around ₹82. Stable PSU with a consistent performance in hydroelectric space.
- NMDC Ltd – Priced near ₹70. Metal & mining giant with good dividend history.
- IRB Infra Developers – Around ₹46. Stronghold in the road development sector.
- Reliance Power – ₹41. Potential recovery stock in the power generation segment.
- NBCC (India) Ltd – Around ₹81. Active in government infrastructure and realty.
- IRFC Ltd – ₹70–90. Government enterprise focused on railway financing.
🏭 Manufacturing & Industrial
- Trident Ltd – ₹25–₹45. Textile firm with strong export growth and brand recognition.
- HFCL Ltd – ₹38. A telecom infrastructure player benefitting from 5G rollout.
- Motherson Sumi Wiring India – Around ₹51. Key automotive wiring supplier.
- Ola Electric Mobility – Approx ₹52. Plays into the EV revolution.
💊 Pharmaceuticals
- Zenith Drugs – Near ₹95. Strong growth over recent weeks.
- Syncom Formulations – Priced at ₹17. Low-cost stock with market buzz.
- Morepen Laboratories – Around ₹49. Good brand presence and volume activity.
- IND Swift Labs – Priced near ₹85. Undervalued with potential.
- Aarey Drugs & Pharmaceuticals – Around ₹47. Steady financial metrics.
- Sudarshan Pharma – ₹31. Consistent recent performance.
- ZIM Laboratories – ₹85. Specializes in pharma innovation.
- Ambalal Sarabhai Enterprises – ₹38. Revamping product range.
- Oxygenta Pharma – ₹78. Rising investor interest.
📈 Digital, Telecom & Others
- Vodafone Idea – ₹10–₹17. Undergoing a long-term revival; tariff revision could help.
- Infibeam Avenues – Under ₹100. Digital payments and e-commerce focus.
- JP Power Ventures – ₹8–₹16. Low-priced power sector company.
- Brightcom Group – ₹30–₹40. Digital marketing firm with global presence.
- BNR Udyog – ₹61. Finance-focused firm with minimal debt.
- Easy Trip Planners – Around ₹10. Tech-driven travel services company.
⚠️ Risks to Be Aware Of
High Volatility: These stocks can swing wildly in a short span.
Liquidity Issues: It might be hard to sell at the right price due to low trade volumes.
Company Transparency: Some penny stock companies lack proper financial disclosure.
Speculative Nature: Many of these picks are based on market sentiment and turnaround stories.
💡 Investment Tips
Diversify across sectors to reduce overall risk.
Do Your Research: Check recent news, earnings, and announcements.
Use Stop-Loss Orders: Set clear exit points to limit losses.
Watch Volumes & PE Ratios: Avoid illiquid stocks with high debt and no profitability.
Don’t Overexpose: Limit total penny stock allocation to a small percentage of your portfolio.
📌 Conclusion
Investing in penny stocks can be rewarding but comes with high uncertainty. The stocks listed above are under ₹100 and have been chosen based on recent market trends, growth signals, and sectoral strength. Be cautious, stay informed, and always align investments with your financial goals.
