3 Stocks Under ₹100 That Could Make You Money – Mehul Kothari’s Picks
Let’s be honest—when you see a stock trading under ₹100, it’s hard not to get a little excited. I mean, who doesn’t love the idea of grabbing a bunch of shares without breaking the bank? But here’s the thing: cheap doesn’t always mean good. You’ve got to be smart about it. That’s where Mehul Kothari from Anand Rathi comes in. He’s flagged three stocks—Yes Bank, Suzlon Energy, and Aditya Birla Fashion—as ones to watch. And honestly? There’s some solid reasoning here.
Why Bother With Stocks Under ₹100 Anyway?
Look, I get it. Penny stocks get a bad rap—and sometimes for good reason. They can be volatile as hell. But think about it this way: if you’ve only got ₹5,000 to invest, buying 50 shares of a ₹100 stock feels way better than half a share of some fancy ₹10,000 blue-chip. The upside potential is real if you pick the right ones. But—and this is a big but—you’ve got to do your homework. These stocks move fast, and not always in your favor.
Who Is Mehul Kothari?
Mehul’s one of those guys who actually knows what he’s talking about. As Anand Rathi’s Head of Technical Research, he’s been around the block. What I like about his approach? He doesn’t just look at numbers—he reads the market’s mood. That combo of technical charts and big-picture thinking is gold for both traders and long-term folks.
Stock #1: Yes Bank – The Comeback Kid?
What’s Going On Here
Yes Bank’s had a wild ride—remember that near-collapse a few years back? Well, it’s currently sitting around ₹85 (as of June 2025), and honestly? It’s looking healthier. They’ve shifted focus to retail and SME banking, which is where the real money’s at these days.
Why Mehul’s Betting On It
Two words: asset quality. Their bad loans are dropping, and deposits are up 12% year-on-year. Plus, the stock just smashed through a key resistance level—that’s trader-speak for “things might keep going up.”
The Catch
Old habits die hard. Yes Bank’s past is still kinda haunting it, and those big private banks aren’t making life easy. If the economy stumbles, this recovery could hit a speed bump.
Stock #2: Suzlon Energy – Riding the Green Wave
Quick Take
Suzlon’s at ₹78 right now, and if you believe in India’s renewable energy push (and let’s face it, you should), this one’s interesting. They’re big in wind power, and the government’s throwing money at this sector.
Mehul’s Reasoning
They’ve bagged some major projects recently, and that debt restructuring? A game-changer. With India aiming for 500 GW of renewable energy by 2030, Suzlon’s sitting pretty. Oh, and the stock’s cruising above its 200-day average—that’s usually a good sign.
What Could Go Wrong
Policy changes. One government decision on subsidies, and boom—there goes your profit margin. Execution delays could hurt too.
Stock #3: Aditya Birla Fashion – More Than Just Shirts
The Basics
ABFRL (₹92 as of now) owns brands you probably wear—Louis Philippe, Van Heusen, Pantaloons. But here’s what’s cool: they’re going all-in on ethnic wear and bringing international brands to India.
Why It’s On The List
Revenue’s up 18% year-on-year, and they’ve trimmed costs smartly. Even when markets tanked, this stock held up—big investors clearly like what they see.
The Risk Factor
Online shopping’s eating everyone’s lunch, and let’s not forget—when money’s tight, fancy clothes are the first thing people skip.
How To Play This Without Losing Your Shirt
Here’s my two cents: don’t go all-in. Treat these like spicy chutney—a little adds flavor, too much burns. Maybe allocate 10-15% of your portfolio max. And for God’s sake, set stop-losses. If you’re trading, ride the momentum. Investing long-term? Keep an eye on those quarterly numbers like a hawk.
Wrapping Up
Yes Bank, Suzlon, ABFRL—three different stories, all under ₹100. Mehul’s picks make sense, but don’t take his word as gospel. Do your own digging. These stocks could fly, or they could flop. That’s the thrill (and terror) of the market. When in doubt? Talk to a financial advisor who knows your situation.
Want To Go Deeper?
- Mehul’s latest market breakdown (worth a read)
- Penny stocks: how not to get burned
- Live stock tracker (because refreshing every 5 minutes is normal)
Source: Livemint – Markets
