4 Stocks Under ₹100 Worth Betting On Right Now
Let’s be real—everyone loves the idea of finding that hidden gem, that one stock trading for peanuts that suddenly skyrockets. I get it. Stocks under ₹100 feel like lottery tickets, but with slightly better odds. The thing is, not all cheap stocks are created equal. Some are legit opportunities, others are just cheap for a reason. After chatting with a few market veterans and digging through the numbers, here are four names that actually make sense: GMR Airports, Sigachi Industries, Niva Bupa, and Punjab & Sind Bank. But before we get into them, let’s talk about why these budget stocks can be such a big deal.
Why Bother With Stocks Under ₹100?
Small Money, Big Returns (Maybe)
Look, when a ₹20 stock moves to ₹40, that’s a 100% gain. Try getting that from Reliance or TCS—it just doesn’t happen. For beginners or anyone working with limited capital, these stocks are the only way to play the game without taking out a loan. But—and this is a big but—you’ve got to pick carefully. More on that later.
The Market’s Starting to Notice
Over the past year, there’s been this quiet shift. Investors are sniffing around small-caps again, especially in sectors like infra and pharma. Partly because the big boys got too expensive, partly because some of these tiny companies are finally getting their act together. Timing matters here.
The Stocks That Actually Have a Shot
1. GMR Airports: High Risk, High Reward
What They Do: If you’ve flown out of Delhi or Hyderabad, you’ve used their airports. They’re also building like crazy overseas—Turkey, Philippines, you name it.
Why It Could Work: Air travel in India isn’t slowing down anytime soon. And with the government pushing infrastructure? GMR’s right in the sweet spot. New terminals = more passengers = more money.
The Catch: They’re buried in debt. Like, ‘needs-a-miracle’ levels of debt. One delayed project and things get ugly fast.
2. Sigachi Industries: Pharma’s Hidden Player
What They Do: Ever wonder what holds your pills together? That’s Sigachi’s business—making the binders and fillers drug companies need.
Why It Could Work: Generic meds are booming globally, and India’s a huge supplier. Sigachi’s exports are growing every quarter. Plus, they’ve got these new specialty ingredients that could really fatten their margins.
The Catch: It’s a crowded market. And if raw material prices spike—which they always do—profits take a hit.
3. Niva Bupa: Betting on India’s Health
What They Do: Health insurance, with backing from Bupa (the UK giant). Mostly retail policies, some corporate stuff.
Why It Could Work: Only like 3% of Indians have health insurance. 3%! As the middle class grows, that number has to rise. Bupa’s expertise helps them design better products than the competition.
The Catch: IRDAI (the insurance regulator) keeps changing the rules. And let’s just say their claim settlement record isn’t the cleanest.
4. Punjab & Sind Bank: The Turnaround Story
What They Do: Government-owned bank, heavy on loans to small businesses and farmers.
Why It Could Work: Their bad loans are finally coming down, and the government keeps injecting cash to keep them afloat. At this price? Could be a steal if they keep improving.
The Catch: PSBs move at glacial speed compared to private banks. And that ‘government support’? It’s a double-edged sword—means more bureaucracy too.
How to Separate the Good From the Garbage
Do the Basic Checks
P/E ratio, debt-to-equity, sales growth—boring but essential. Sigachi looks solid here, GMR? Not so much. Always compare to competitors.
Watch the Charts
Even if you hate technical analysis, check if the stock’s making higher lows. PSB’s been quietly doing that since January, which is interesting.
Understand the Sector Winds
Right now, anything tied to government spending (like GMR) or exports (Sigachi) has tailwinds. But sectors go in and out of fashion—don’t get caught holding the bag.
The Dark Side of Penny Stocks
Let’s not sugarcoat it—these stocks can wipe you out fast. Thin trading volumes mean you might get stuck holding shares nobody wants to buy. And forget about analyst reports; you’re on your own for research. Oh, and promoters? Some play dirtier than others.
Final Thoughts
I like Sigachi for its steady growth, PSB as a speculative bet, Niva Bupa for the long haul. GMR? Only for those with steel nerves. Whatever you do, don’t put all your money in one basket. And for god’s sake, keep some cash aside—these stocks will give you chances to average down.
Where to Look Next
Screener.in is my go-to for quick checks. For sector trends, Moneycontrol’s news section beats most paid services. And if you’re serious about this game, grab a copy of Common Stocks and Uncommon Profits—way better than most ‘get rich quick’ junk out there.
Source: Livemint – Markets
