Stocks Under 10 Rs.

While starting your journey in the stock market you don’t need to spend a lot of money. We the 5paisa Research team have selected a list of stocks that have a price of less than Rs.10 per share, which have a very good potential to grow in the time ahead. The stocks which are mentioned in the list are chosen after analyzing price trends, news, speculation, and fundamental analysis.

Top 5 Stocks Under 10 Rs.

1) Zenith Steel Pipes & Industries Ltd.

About the company: Zenith Steel Pipes & Industries Ltd. is the major producer of steel pipes. The company manufactures black welded and galvanised steel pipes and cutting instruments. The pipes section is located in Khopoli, and the tools division is located in Nasik and Aurangabad. Zenith (USA) Inc. and Zenith Middle East FZE are subsidiaries of this corporation.

Positives:
Strong Annual EPS Growth, Growth in Quarterly Net Profit with increasing Profit Margin (YoY), Consistent High Return Stock over Five Years, Annual Net Profits improving for last 2 years

Negatives: 
High promoter stock pledges, inefficient use of capital to generate profits - RoCE declining in the last 2 years

 

2) IL&FS Investment Managers Ltd.

About the company: IL&FS Investment Managers is a domestic private equity fund management company that manages funds on behalf of leading Indian and International Institutions.

Positives: 
Company with No Debt, Increasing profits every quarter for the past 3 quarters, Growth in Net Profit with increasing Profit Margin (QoQ)

Negatives: -
High promoter stock pledges, Rising other income, and low operating income


3) Vikas Lifecare Ltd.

About the company: Vikas Lifecare Ltd. (VLL) is engaged in trading and manufacturing of polymer, rubber compounds and additives for plastics, synthetic & natural rubber.

Positives: 
FII / FPI or Institutions increasing their shareholding, Company with Zero Promoter Pledge, Company with Low Debt

 

4) Suzlon

About the company: Suzlon Energy Limited (SEL) is India's largest renewable energy solutions provider with a presence in 17 countries across six continents. The company is engaged in the business of design, development, manufacturing, and supply of wind turbine generators (WTGs) of a range of capacities and their components. Their operations relate sale of WTGs and allied activities, including sale/sub-lease of land, infrastructure development income; sale of gearboxes, and sale of foundry and forging components.

Positives: 
FII / FPI or Institutions increasing their shareholding, Increasing Revenue every Quarter for the past 4 Quarters, Mutual Funds Increased Holdings in Past Month

Negatives: -
The company has a low-interest coverage ratio

 

5) Jaiprakash Power Ventures Ltd

About the company: Jaiprakash Power Ventures  is engaged in the business of generation of Thermal and Hydro Power, cement grinding, and Captive Coal Mining.

Positives:
Company with Low Debt, Company reducing Debt, Consistent High Return Stocks over Five Years

Negatives:
Companies with High Promoter Pledge, Decline in Net Profit with falling Profit Margin (QoQ)

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