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.

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

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%.

2) Tata Chemicals Ltd

About the company: Tata Chemicals Ltd manufactures and exports basic chemistry and specialty products

Positives:
- Company has been maintaining a healthy dividend payout of 48.0%

Negatives:
- In last 3 years, Company has a low return on equity of 7.78%

3) Gujarat Narmada Valley Fertilizers & Chemicals Ltd    

About the company: Gujarat Narmada Valley Fertilizers & Chemicals operates businesses mainly in the Industrial Chemicals, Fertilizers apart from the small presence of IT services.

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.

4) Deepak Fertilisers & Petrochemicals Corporation Ltd

About the company: Deepak Fertilisers and Petrochemicals Corporation Ltd. (DFPCL) is one of the largest manufacturers of chemicals in India. 

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%

5) Great Eastern Shipping Company

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

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