Stocks Under 500 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.500 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 500 Rs.

1. KRBL

About the company: KRBL is the worlds leading basmati rice producer and has fully integrated operations in every aspect of basmati value chain, right from seed development, contract farming, procurement of paddy, storage, processing, packaging, branding and marketing

Positive:
- The company reduced it's debt
- It is almost debt free

Negative:
- In last 5 years, company has delivered a poor sales growth of 6.01%

2. Canara Bank

About the company: Canara bank's services include Treasury Operations, Retail Banking Operations, Wholesale Banking Operations and Other Banking Operations

Positives:
- In last 5 years, Company has delivered good profit growth of 37.5% CAGR

Negatives:
- In last 3 years, Company has a low return on equity of 10.8%
- In last 3 years Promoter holding has decreased by 15.6%

3. Oil India:

About the company: Oil India Ltd is engaged in exploration, development and production of crude oil and natural gas, transportation of crude oil and production of LPG.

Positives:
- In last 5 years, Company has delivered good profit growth of 26.1% CAGR

Negatives:
- Contingent liabilities of Rs.8,842 Crores

4. Bank of Baroda

About the company: Bank of Baroda is engaged in providing various services, such as personal banking, corporate banking, international banking, small and medium enterprise (SME) banking, rural banking, non-resident Indian (NRI) services and treasury services.

Positives:
- Stock is trading at 1.03x its book value
- Stock is providing a good dividend yield of 3.01%.
- In last 5 years, Company has delivered good profit growth of 57.7% CAGR

Negatives:
- In last 3 years, Company has a low return on equity of 9.31%
- In last 3 years, Promoter holding has decreased by 7.63%

5. Gujarat State Fertilizer & Chemicals

About the company: Gujarat State Fertilizers & Chemicals Ltd is a public sector company promoted by the Government of Gujarat

Positives:
- Stock is trading at 0.55x its book value

Negatives:
- In last 5 years, the company has delivered a poor sales growth of 11.3%.