: Often cited for its low price relative to solid fundamentals, currently trading near ₹452.50 with a P/E of 8.97 and high dividend yield of 5.86%.
: A major telecom operator, currently trading around ₹9.69, which attracts attention due to government support and ongoing fundraising efforts.
Some stocks may have higher absolute prices but are considered "cheap" due to low price-to-earnings (P/E) or price-to-book (P/B) ratios:
For those looking for established companies with share prices under ₹100, these entities are frequently highlighted for their market position and turnaround potential:
: A hydropower giant with a share price of about ₹83.23 and a high dividend yield of 2.40%, making it attractive for income-seeking investors.
These smaller-cap stocks are often chosen for their high growth potential, though they carry higher volatility: List of Popular Stocks Under Rs. 50 to Buy in India
Investing in "cheap" stocks often refers to stocks with a low share price (penny stocks) or those that are undervalued relative to their fundamentals. As of April 28, 2026, several companies in the Indian and global markets are frequently cited as affordable options for retail investors based on recent performance, market capitalisation, and growth potential. Top Stocks Under ₹100
: A public sector bank trading near ₹77.54, recognized for its stability and focus on the MSME and agricultural sectors.