5 High Growth Stocks Under Rs 100

5 High Growth Stocks Under Rs 100: In this Blog we will tell you about 5 such high-growth stocks whose current market price is less than ₹100 ( High Growth Stocks Under Rs 100 ). Many investors have this belief in their mind that if the price of a stock is very low, then that stock is cheap. But there is no proven basis for this matter. If the share price of a company is Rs 10, it does not mean that it is cheaper than a company with Rs 1000 per share or Rs 500 per share.

High Growth Stocks Under Rs 100
High Growth Stocks Under Rs 100

Whether any company is cheap or not, depends on their current earnings and earning potential. Typically, investors use valuation ratios such as the Price to Earnings ratio or the Price to Book ratio to determine if a company is expensive. But this method is also not always accurate. There will be many of you who are still students or who have recently started a job. And you will not have much capital to invest in direct stocks. So our readers often request in the comments that we tell them about High Growth Stocks Under Rs 100.

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With the share price being less than ₹100, we have also taken care that these companies should be financially strong and not have high risks. So in this list, we have considered those stocks whose: Market capitalization is more than ₹1000 crores, Debt to equity ratio is 1 or less than 1, Return on Equity (ROE) is more than 10%, Sales growth CAGR is over 15% in the last 5 years, and The profit growth CAGR over the last 5 years is more than 15%.

5 High Growth Stocks Under Rs 100

Morepen Laboratories Limited.

It manufactures and markets Active Pharmaceutical Ingredients (APIs), branded and generic formulations, and home health products. The company has a PE ratio of 22.22, and a Debt to Equity ratio of 0.02. In terms of profitability, the company has a Return on Equity of 29.20%, and a Net Profit Margin of 8.17%. In the last 5 years, the company’s sales have compounded at the rate of 19.62%. The company’s stock has grown by 26.09% in the last one year. In the last 5 years, the company has given a compounded annual return of 17.17%.

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These are all fundamental metrics. Let us now look at the stock from the perspective of technical analysis also. For this we will be using 2 indicators- 200 Day Moving Average i.e. 200 DMA and RSI. 200 DMA: The share price of the company is currently at 46 levels while 200 DMA is at 53 levels.

That is, this stock is above its 200 DMA, due to which a bearish trend is going on in the stock. RSI: The daily RSI price is 63.45 and if the RSI for any stock closes above 60, it is likely to start an uptrend. So here we can see that the 200 DMA is suggesting a bearish trend while the RSI is trending up. High Growth Stocks Under Rs 100

PROS

  • Company has reduced debt.
  • Company is almost debt free.
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 33.89% CAGR over last 5 years
  • Promoter holding has increased by 3.84% over last quarter.

CONS

  • Though the company is reporting repeated profits, it is not paying out dividend

Dolat Algotech Ltd.

This company is involved in the business of securities broking and securities trading. The company has a PE ratio of 8.56, and a Debt to Equity ratio of 0.43. Talking about profitability, the company has a Return on Equity of 50.30%, and a Net Profit Margin of 67.06%.

In the last 5 years, the company’s sales have compounded at the rate of 19.68%. The company’s stock has grown by 33.33% in the last one year. In the last 5 years, the company has given an annual return of 103.12%.

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Let’s now look at the stock from the perspective of technical analysis. 200 DMA: The stock price of the company is currently at 90 levels and 200 DMA is also exactly 90 levels. RSI: Daily RSI price is near 60 levels which is indicating an uptrend. High Growth Stocks Under Rs 100

PROS

  • Company is expected to give good quarter
  • Company has delivered good profit growth of 162.63% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 41.75%

CONS

  • No cons as such

Rail Vikas Nigam Limited.

It is a PSU company involved in the implementation of many rail infrastructure projects. The company has a PE ratio of 6.36, and a Debt to Equity ratio of 1.02. In terms of profitability, the company has a Return on Equity of 17.26%, and a Net Profit Margin of 5.99%.

In the last 5 years, the company’s sales have compounded at a rate of 27.68%. The company’s stock has gained 12.36% in the last one year. The company was listed on the stock exchanges in April 2019 and so far the company has given a return of around 89.44% from its issue price.

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Let’s now look at the stock from the perspective of technical analysis. 200 DMA: The company’s share price is currently at level 34 and 200 DMA is priced around 33. As the value is a bit above the average so we can say that the stock is bullish. RSI: The daily RSI price is 57. High Growth Stocks Under Rs 100

PROS

  • Stock is trading at 1.07 times its book value
  • Stock is providing a good dividend yield of 5.06%.
  • Company is expected to give good quarter
  • Company has been maintaining a healthy dividend payout of 31.37%

CONS

  • Contingent liabilities of Rs.3311.26 Cr.
  • Company might be capitalizing the interest cost

TV18 Broadcast Limited.

This company is involved in the business of broadcasting and digital content. The company has a PE ratio of 21.80, and a Debt to Equity ratio of 0.17. In terms of profitability, the company has a Return on Equity of 11.50%, and a Net Profit Margin of 16.58%.

The company’s sales have compounded at the rate of 37.21% in the last 5 years. The company’s stock has grown by 167.42% in the last one year. In the last 5 years, the company has given an annual return of 12.38%. Let us now look at the stock from the perspective of technical analysis. 200 DMA: The stock price is currently around 75 while 200 DMA is very low at 48.3

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So we can say that as per 200 DMA, the stock is very bullish. RSI: The RSI price on the daily time frame is at 60 which indicates that it is doing bullish. High Growth Stocks Under Rs 100

PROS

  • Company has reduced debt.
  • Company has delivered good profit growth of 144.64% CAGR over last 5 years
  • Debtor days have improved from 92.31 to 72.05 days.

CONS

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Tax rate seems low
  • Company has a low return on equity of 10.70% for last 3 years.
  • Contingent liabilities of Rs.3387.62 Cr.

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Wardwizard Innovation and Mobility Ltd.

This company is involved in the business of manufacturing electric vehicles. The company has a PE ratio of 332.05, and a Debt to Equity ratio of 0, i.e. it is a debt-free company. In terms of profitability, the company has a Return on Equity of 11.28%, and a Net Profit Margin of 4.76%.

In the last 5 years, the company’s sales have compounded at the rate of 190.50%. The company’s stock is down 2.13% in the last one year. In the last 5 years, the company has given a compounded annual return of 66.17%. Let us now look at the stock from the perspective of technical analysis. 200 DMA: The company’s share price is at 75 levels with a moving average of 76.8.

As the stock is crossing the 200 DMA with a downside, we can say that the stock may be in a downtrend. RSI: The RSI value of the stock is 42 which shows that there is no significant movement in the stock. So these were the 5 high-growth companies whose current market price of shares is less than ₹100. High Growth Stocks Under Rs 100

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PROS

  • Company is almost debt free.
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 285.19% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 27.28%

CONS

  • Stock is trading at 25.22 times its book value
  • Promoter holding has decreased over last quarter: -1.55%
  • Company has a low return on equity of 13.98% for last 3 years.

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