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.

 

Last Updated: Nov 15, 2023

1. KRBL

About the company: KRBL is the world's leading basmati rice producer and has fully integrated operations in every aspect of the 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%

KRBL Share Price

2. Canara Bank

About the company: Canara bank's services include Treasury Operations, Retail Banking Operations, Wholesale Banking Operations and Other Banking Operations. Canara Bank has received the prestigious the “Banker’s Bank of the Year Award 2022” for the India segment at the Global Banking Summit, held in London, on 1st December 2022.

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%

Canara Bank Share Price


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. Oil India Ltd has carved a niche as a leading oil and gas company in the upstream sector with a legacy of hydrocarbon exploration for over six decades and having a share of around 9% of the country’s total crude oil and natural gas production. The company has significant presence across the entire value chain in the hydrocarbon sector, it also produces Liquefied Petroleum Gas (LPG) and transports crude oil and refined petroleum products through cross country pipelines.

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

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

Oil India Share Price

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%

Bank Of Baroda Share Price

5. Gujarat State Fertilizer & Chemicals

About the company: Gujarat State Fertilizers & Chemicals Ltd is a public sector company promoted by the Government of Gujarat. To cater to the rising demand for Nylon-6, GSFC boosted its production capacity by setting up a new 45 MTPD Nylon-6-II plant. The Nylon-6-II plant of GSFC has drawn technical knowhow from Lurgi of Germany (now Technip Zimmer). The plant is designed to produce engineering plastic and film grades of Nylon-6 chips, with a capacity of 30 MTPD and 15 MTPD respectively.

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%.

Gujarat State Fertilizer & Chemicals 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 ₹500

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