3 Stocks Under ₹100 That Might Actually Be Worth Your Money – Sumeet Bagadia’s Latest Picks
Let’s Talk About Cheap Stocks
Okay, so the Indian stock market’s been wild lately—full of ups, downs, and those weird sideways phases that make you question your life choices. But here’s the thing: if you’re a small investor with limited cash, stocks under ₹100 can feel like golden tickets. Sumeet Bagadia—yeah, that guy who’s always on business channels—just dropped his latest picks: Jaiprakash Power Ventures, NHPC, and Reliance Power. And honestly? They’re getting a lot of buzz ahead of July 14, 2025. But are they actually good, or just cheap? Let’s dig in.
Why Should You Care What Sumeet Bagadia Thinks?
Look, I get it. Everyone and their uncle has stock tips these days. But Bagadia’s different. The guy’s been around forever, and he’s got this knack for spotting undervalued stocks before they pop. He doesn’t just throw darts at a board—his picks are backed by actual research. That’s why even big-shot institutional investors listen when he talks. Me? I’d trust him over some random WhatsApp forward any day.
Bagadia’s 3 Budget Picks – The Good, The Bad, and The Risky
1. Jaiprakash Power Ventures – The Dark Horse
Price & Performance: Sitting at ₹85 right now, up 20% last quarter. Not bad, but still way below its ₹110 peak. P/E ratio’s at 12.5, which—let’s be real—isn’t crazy for this sector.
Why Bagadia Likes It: Power’s gonna be huge. With energy demand shooting up and the government pushing renewables, Jaiprakash’s new projects could be a game-changer. Seriously.
The Catch: Debt’s high, and land issues could slow things down. Classic Indian infrastructure problems.
2. NHPC – The Steady Eddie
Price & Performance: ₹78, boringly stable. But hey, 5% dividend yield isn’t nothing. Been bouncing between ₹70 and ₹95 all year.
Why Bagadia Likes It: Government-backed hydro power player = less likely to implode. Plus, they’re dabbling in solar now. Smart move.
The Catch: Ever seen how slow government projects move? Yeah. Delays are pretty much guaranteed.
3. Reliance Power – The Wild Card
Price & Performance: ₹65, down bad from its highs. But—plot twist—big players are starting to buy in again.
Why Bagadia Likes It: They’re sorting out their debt mess and eyeing renewables. Could be a comeback story… or not.
The Catch: Their financial history’s sketchier than a roadside “Rolex” seller. Lawsuits too. High risk, maybe high reward?
What’s Actually Driving These Stocks?
India’s going all-in on green energy—solar, wind, you name it. Schemes like the Green Energy Corridor are pumping money into the sector. And guess what? Big money’s starting to notice these cheap stocks. When institutions nibble, retail investors like us should probably pay attention.
Should You Jump In? Let’s Be Real
The Upside: Dirt-cheap entry, legit growth potential, and Bagadia’s stamp of approval.
The Downside: These aren’t stable blue chips. One bad news day could wipe out your gains.
Who’s This For? People who can stomach volatility and won’t panic-sell if prices dip.
How to Actually Buy These (For Newbies)
If you’re new to this:
- Get a demat account—Zerodha, Groww, whoever.
- Search the stock name or ticker (JPOWER for Jaiprakash, for example).
- Buy at market price or set a limit order. And for god’s sake, use a stop-loss.
Other Cheap Stocks That Might Do Something
Suzlon Energy’s making noise in renewables, and IRB Infrastructure’s got some interesting projects. Worth keeping an eye on.
Final Thoughts – Don’t Be Stupid
Bagadia’s picks are interesting, sure. But cheap stocks are like street food—tasty, but sometimes they give you food poisoning. Do your homework, maybe talk to a financial advisor (not your barber), and only invest what you can afford to lose.
FAQs (Because People Always Ask These)
Are these stocks safe for long-term?
“Safe” is relative. They could moon or crash. High risk, potential high reward.
What’s the target price?
Bagadia’s playing it close, but analysts whisper 15-30% upside in a year.
How often does Bagadia update his picks?
Usually monthly, but he’ll tweak if the market goes nuts.
Can I start with just ₹5,000?
Absolutely. That’s the beauty of penny stocks.
Source: Livemint – Markets
