Stocks under 10

Last updated on 22 Jan, 2025 | 16:50 IST

Stocks under ₹10 are an excellent opportunity for investors to enter the stock market at a relatively moderate capital level. However, such investments should be subjected to deeper analysis to mitigate risks and increase the chances of making a profit.

Name
LTP
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Change %
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Volume
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Market Cap (Cr.)
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52W high
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52W low
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Prev Close
PE Ratio
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₹9.51
1.60%
35,84,13,995
₹66,284.53
₹19.18
₹6.61
₹9.36
-9.14
₹9.54
-4.02%
24,33,644
₹2,495.95
₹19.79
₹8.05
₹9.94
-5.33
₹1.90
-0.52%
3,07,03,275
₹2,433.73
₹4.33
₹1.45
₹1.91
-11.88
₹8.66
-2.47%
68,35,333
₹1,594.53
₹26.05
₹8.21
₹8.88
-36.08
₹9.92
-0.5%
12,40,332
₹1,188.05
₹18.40
₹9.02
₹9.97
496.00
₹8.17
-2.73%
27,81,279
₹799.69
₹15.55
₹6.55
₹8.40
81.70
₹4.78
1.91%
5,52,885
₹754.86
₹17.00
₹4.23
₹4.69
NA
₹3.98
-0.25%
26,79,228
₹739.35
₹8.00
₹3.75
₹3.99
132.67
₹4.55
-3.6%
22,73,216
₹655.87
₹7.35
₹2.63
₹4.72
75.83
₹3.78
-3.32%
14,00,363
₹592.60
₹10.30
₹3.39
₹3.91
378.00
₹6.21
0.32%
37,21,765
₹584.26
₹11.50
₹4.98
₹6.19
8.63
₹0.67
-1.47%
2,34,42,389
₹558.38
₹2.86
₹0.64
₹0.68
NA
₹9.10
2.47%
3,65,275
₹544.24
₹15.85
₹8.24
₹8.88
-36.40
₹3.04
-0.32%
27,57,286
₹537.69
₹5.65
₹2.91
₹3.05
304.00
₹3.10
-1.27%
29,22,955
₹529.96
₹6.65
₹3.00
₹3.14
NA
₹8.14
-5.01%
9,53,394
₹459.44
₹39.40
₹7.32
₹8.57
407.00
₹9.78
2.40%
7,28,908
₹437.57
₹12.23
₹7.60
₹9.55
-108.67
₹1.58
1.93%
1,81,81,821
₹413.07
₹2.56
₹1.51
₹1.55
-158.00
₹3.01
-3.21%
21,48,368
₹321.37
₹7.25
₹2.84
₹3.11
NA
₹7.67
-3.4%
2,05,945
₹287.91
₹37.25
₹6.92
₹7.94
191.75
₹8.03
-2.31%
4,18,445
₹262.63
₹11.48
₹5.60
₹8.22
401.50
₹7.10
-2.2%
4,75,489
₹230.70
₹12.50
₹6.60
₹7.26
177.50
₹3.89
-3.23%
13,92,480
₹227.52
₹7.37
₹2.90
₹4.02
77.80
₹8.15
-1.57%
3,01,349
₹225.33
₹16.75
₹7.13
₹8.28
-203.75
₹6.04
-1.14%
85,601
₹212.74
₹9.25
₹5.30
₹6.11
5.59

*Disclaimer: The scripts listed are solely for research purposes and are not recommendations. Please conduct your own research before making any investment decisions.

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Things to Consider for Stocks Under Rs 10

1. Fundamental Analysis

This is done to estimate the financial position of a company with the help of key performance measures such as:

● Earnings Per Share (EPS):Higher the EPS, higher the profitability per share, making it an important measure to determine the value of the stock.

● Price to Earnings (P/E) Ratio:A low P/E ratio, when compared to industry average, indicates that a share is undervalued and can be a good buying opportunity.

● Debt to Equity Ratio:A low debt to equity ratio represents lower vulnerability due to lower debts. This leads to financial stability, something very important to check when buying stocks under ₹10.

2. Market Trends and Sector Performance

The general idea is to know the overall market trends and the performance of different sectors. Investments in stocks priced less than ₹10 are more vulnerable to fluctuations based on economic fluctuations. Be vigilant and look out for sectors that have growth prospects, like technology or renewable energy, as they are likely to provide better chances of value appreciation.

3. Liquidity Considerations

Stocks under ₹10 are sometimes associated with low volumes of trading, which may cause liquidity problems. Ensure that the stocks you have selected show adequate trading to permit easy entry and exit from positions without affecting prices.

4. Management Quality

The quality of the management team of a company determines much of its success. Research their past and strategy: good leadership drives growth and increases value for shareholders.

5. Short Term or Long Term Investment Plan

Choose whether you are looking for short term gain or long term growth. You must know that typically, stocks under ₹10 don’t see much appreciation for a long time.

FAQs

How to find good stocks under ₹10?

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  • 1. Fundamental Analysis: Evaluate the financial health of the company using EPS, P/E ratio, and Debt-to-Equity ratio. Pick stocks that are undervalued even though they have sound fundamentals and intrinsic value.
  • 2. Accretive Earnings Growth: Look for companies which demonstrate steady increases in revenue and profit to indicate a solid business structure as well as future potential for appreciation.
  • 3. Market Position: Determine the position of the company in the industry. Stocks from growing industries often offer more attractive opportunities.
  • 4. Liquidity: Assess if the stock is liquid enough to be bought and sold easily at a reasonable price with a minimum impact on liquidity.

Which are the top 5 stocks under ₹10 by market capitalization?

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Here are top 5 stocks under ₹10 in terms of market capitalization:

  • 1. VODAFONE IDEA LIMITED currently trades at ₹9.51 per share with a market valuation of ₹66,284.53 crore.
  • 2. UNITECH LIMITED currently trades at ₹9.54 per share with a market valuation of ₹2,495.95 crore.
  • 3. GTL INFRA.LTD currently trades at ₹1.90 per share with a market valuation of ₹2,433.73 crore.
  • 4. DISH TV INDIA LTD. currently trades at ₹8.66 per share with a market valuation of ₹1,594.53 crore.
  • 5. STEEL EXCHANGE INDIA LTD currently trades at ₹9.92 per share with a market valuation of ₹1,188.05 crore.

What are the risks associated with stocks under ₹10?

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Some risks associated with stocks under ₹10 includes:

  • 1. High Volatility: The prices of these stocks fluctuate wildly depending on market speculation on company specific news.
  • 2 Low Liquidity: They might have low trading volumes which makes it hard to buy or sell shares without affecting their price. This leads to wider bid ask spreads and higher costs of transacting.
  • 3. Poor Information: Smaller companies lack in-depth analyst coverage, limiting the trader’s ability to make informed decisions.
  • 4. Scam Risk: Such stocks, particularly penny stocks, are susceptible to manipulations and scams. This makes it vital for investors to pay attention and research thoroughly before making any decisions.