5 Stocks Under ₹100 Worth a Look – My Take

Let’s be real – when you’re starting out or even if you’ve been around the block, those sub-₹100 stocks always catch your eye. They’re like the street food of investing – cheap, exciting, and if you pick right, damn satisfying. But here’s the thing: not all of them are winners. So I’ve gone through the noise to find five that actually make sense right now.

Why Bother With Penny Stocks Anyway?

They Won’t Break the Bank

Look, not everyone’s got lakhs to throw around. These let you dip your toes in without remortgaging your house. You can grab a bunch of shares for what you’d spend on a decent dinner out.

Potential for Big Moves

When a ₹20 stock jumps to ₹30, that’s a 50% gain – try finding that in blue chips. Of course, it works both ways. But that’s the thrill, isn’t it?

Spread Your Bets

With prices this low, you can actually diversify properly. Instead of putting all your money on one horse, you can back several. Smart play if you ask me.

Don’t Just Jump In Blind – Here’s What Matters

Is the Company Actually Making Money?

Revenue growth matters more than you think. I’ve seen too many people chase “the next big thing” only to find out the company’s bleeding cash. Check those quarterly reports – boring but essential.

What’s the Sector Doing?

Right now, anything in infrastructure or renewables has wind in its sails. Tech’s always interesting but volatile. Sugar stocks? They go up and down like a yo-yo with the seasons.

What Are the Smart Money Guys Saying?

Not saying you should follow the herd, but if institutional investors are buying, there’s usually a reason. Do your own digging though – never trust anyone blindly.

Can You Handle the Ride?

These stocks will test your nerves. One day up 10%, next day down 15%. If that keeps you up at night, maybe stick to mutual funds.

The 5 Stocks I’m Watching Right Now

1. Lloyds Enterprises

What They Do: Steel and infrastructure – not sexy, but India’s building like crazy.

• Why I Like It: Their last quarter numbers were solid, and with all this government spending on roads and bridges? Could be sitting pretty.

2. NMDC Steel

What They Do: Government-backed steel player expanding big time.

• Why I Like It: P/E ratio looks decent compared to peers, and they’ve got some big projects cooking.

3. Sterlite Technologies

What They Do: All that fiber optic cable needed for 5G and broadband.

• Why I Like It: Orders are piling up, and margins are improving. Digital India isn’t slowing down anytime soon.

4. Fedders Holding

What They Do: Engineering and AC systems – boring but necessary.

• Why I Like It: Not flashy, but steady. Low debt is always reassuring in this market.

5. Ugar Sugar Works

What They Do: Sugar and now getting into ethanol – smart diversification.

• Why I Like It: Government pushing ethanol blending, plus sugar prices have been decent. Cyclical but timing looks okay.

The Flip Side – What Could Go Wrong?

Wild Price Swings

These aren’t for the faint-hearted. A random tweet or rumor can send them crashing 20% in a day.

Might Get Stuck

Some days you’ll struggle to find buyers if you want out. Thin trading volumes can screw you over when you need to exit.

Information Gap

Unlike Reliance or TCS, you won’t find 50 analysts covering these. You’ll need to do more homework yourself.

How Not to Lose Your Shirt

Do Your Homework

Don’t just listen to some guy on YouTube (yes, including me). Check financials, read news, understand the business.

Don’t Put All Eggs in One Basket

Even if you love one stock, keep it to maybe 10-15% of your portfolio max. Diversify or regret it later.

Know When to Walk Away

Set mental stop losses. If a stock drops 15-20% from your buy price, maybe it’s time to rethink.

Get Help If You Need It

If this all sounds overwhelming, talk to a SEBI-registered advisor. Worth the fees if they save you from big mistakes.

Final Thoughts

Look, these stocks – Lloyds, NMDC Steel, Sterlite, Fedders, Ugar Sugar – they’ve got potential. But potential doesn’t pay the bills. You need patience, discipline, and a stomach for turbulence. If you’ve got that, might be worth a small punt. Otherwise? Index funds exist for a reason.

Where to Learn More

For data, I use Screener.in – free and pretty comprehensive. Moneycontrol for news. And if you’re serious about learning, grab “The Intelligent Investor” – old but gold.

Source: Livemint – Markets