Stocks Under 1000 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.1000 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 1000 Rs.

Last Updated: Dec 20, 2023

1) State Bank of India

About the company: State Bank of India is the largest and oldest bank in India with over 200 years of history. SBI, the largest Indian Bank with 1/4th market share, serves over 45 crore customers through its vast network of over 22,000 branches, 62617 ATMs/ADWMs, 71,968 BC outlets, with an undeterred focus on innovation, and customer centricity, which stems from the core values of the Bank - Service, Transparency, Ethics, Politeness and Sustainability.

Positives:
- In last 5 years, Company has delivered good profit growth of 76.1% CAGR

Negatives:
- In last 5 years, The company has delivered a poor sales growth of 8.91%
- In last 3 years, Company has a low return on equity of 13.2%.

State Bank of India Share Price

2) Jindal Stainless Ltd

About the company: Jindal Stainless Ltd is one of the largest manufacturers of Stainless Steel flat products, in Austenitic, Ferritic, Martensitic and Duplex grades in India used in a variety of industries like automobile, railways, construction, consumer goods etc.

Positives:
- Company has had strong profit growth over the previous five years, with a 43.5% CAGR. 
- The company has a strong return on equity (ROE) history. 3-Year ROE of 27.1%

Negatives:
- 77.5% of the ownership has been pledged by the promoters.
- Over the last three years, promoter holding has declined: -10.2%

Jindal Stainless Share Price

3) Gujarat Narmada Valley Fertilizers & Chemicals Ltd    

About the company: Gujarat Narmada Valley Fertilizers & Chemicals has extended profile much beyond fertilizers through a process of horizontal integration. Chemicals/Petrochemicals, Energy Sector, Electronics/Telecommunications and Information Technology form ambitious and challenging additions to its corporate portfolio. 

Positives:
- The Stock is trading at 0.84 times its book value
- The company has been maintaining a healthy dividend payout of 22.0%
- Debtor days have improved from 41.0 to 29.4 days.

Negatives:
- Declining profits every quarter for the past 2 quarters.

Gujarat Narmada Valley Fertilizers & Chemicals Share Price


4) Deepak Fertilisers & Petrochemicals Corporation Ltd

About the company: Deepak Fertilisers and Petrochemicals Corporation Limited (DFPCL) is one of the largest manufacturers of chemicals in India. The Company has manufacturing facilities in Taloja – Maharashtra, Srikakulam – A.P., Panipat – Haryana and Dahej – Gujrat. The Company has adopted some of the global state-of-the-art technologies that enable it to manufacture and supply high quality products that meet global standards.

Positives:
- In last 5 years, Company has delivered good profit growth of 49.7% CAGR

Negatives:
- In last 3 years, Promoter holding has decreased by 6.74%

Deepak Fertilisers & Petrochemicals Corporation Share Price

5) Great Eastern Shipping Company

Chemicals Share Price

About the company: Great Eastern Shipping Company Ltd, along with its subsidiaries is a major player in the Indian shipping and Oil drilling services industry. The shipping business operates under two main businesses: dry bulk carriers and tankers.

Positives: 
- Stock is trading at 0.93x its book value
- Stock is providing a good dividend yield of 4.29%.
- Company has been maintaining a healthy dividend payout of 17.6%

Negatives:
- Promoter holding is low at 30.1%
- Working capital days have increased from 44.6 days to 120 days

Great Eastern Shipping Company Share Price

 

Disclaimer: Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites and Derivatives can be substantial.

List Of Shares Below ₹1000

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