Best Stocks To Buy Under Rs 50 in India [2022]

Many Investors loves and want to invest their money in that stocks which have a lower price something like under Rs 50. Generally, these kind of stocks might have higher volatility which could help investors to earn better returns.

Another factor that encourages investors to look for Low Price stocks is the History! Most of the stocks that have a High Price today were once had a share price under Rs 50. Maybe, those stocks which are trading under 50 rupees today could have potential to turn into a 3 digit or 4 digit stock in the future!

However, every Low Price stock that is listed in the Indian stock market may not be a good option for investment. Therefore, we have curated the list of Best Stocks that are available under Rs 50.

In this Article

• Filters used to Pick “Best Under 50 Stocks”
• List of Best Stocks Available Below Rs 50
• Stocks available under Rs 50 can really be a Good Investment?
• Why the List of “Best under 50 stocks” prepared?
• Risk and Reward potential in stocks trading below 50
• Should we directly Buy the stocks mentioned in the List?
• List of PSU Stocks trading below Rs 50

Selection Criteria for Best Under 50 Stocks

In this article, some filters or selection criteria have been used to pick better stocks. Those shares which are trading under ₹5 were avoided. Only those stocks have been selected which are trading between Rs 5 to Rs 50.

If the Market Capital of company is below Rs 200 crore, then that stock has also been avoided. Only that stocks have been mentioned where market capital is atleast Rs 200 crore or above that.

Promoter Holding, Type of business, Growth of business, valuations are other important factors that were considered before adding any stock in this article.

So, what are the names of these stocks?

Here is the list of stocks that are available under Rs 50 in India!

List of Best Stocks to Buy under Rs 50 in India

NBCC

NBCC (India) Limited, formerly known as National Buildings Construction Corporation Limited, is a Government of India owned Enterprise. With operations spreading across India & Overseas, the Company is organized into three market focused segments : PMC (Project Management Consultancy), EPC (Engineering Procurement & Construction) & RE (Real Estate). Headquartered in Delhi, NBCC holds the status of Navratna CPSE, and has emerged as among the leaders in the Construction Sector.

Udaipur Cement

Incorporated in 1993, Udaipur Cement Works Limited (UCWL) is one of the leading cement manufacturing Company that has its roots originated in city of lakes, state of Rajasthan, in western India. The company presently is a subsidiary of renowned Indian Cement Manufacturing Company, JK Lakshmi Cement Limited.

The company has an integrated Cement Manufacturing unit with installed cement production capacity of 1.6 Million tonnes per annum (MTPA). Since its inception, the company is committed towards boosting sustainability through adopting latest art of technology designs, resource efficient equipment and various in-house innovations.

Rana Sugars

RSL is engaged in the business of manufacturing sugar and undertaking the allied businesses of cogeneration and distillery. Company is spread across 3 manufacturing facilities with an aggregate cane crushing capacity of 20,500 tonnes per day.

Originally commissioned to manufacture industrial alcohol/rectified spirit, the distillery unit of company was upgraded to produce ethanol. The distillery was expanded as the demand for ethanol has grew multifold. The current capacity of the plant stands at 225 KLPD. Ethanol produced at the facility is supplied to the oil marketing companies under the GOI’s Ethanol Blending Programme.

Ambalal Sarabhai Enterprises

Ambalal Sarabhai Enterprises was founded by Ambalal Sarabhai way before 1950. Vikram Sarabhai (son of Ambalal Sarabhai) is considered as the Father of the Indian space program. While he did establish the Indian Space Research Organization (ISRO), Sarabhai has been known for establishing many more institutions which are widely appreciated today.

The company operates in two segments namely pharmaceuticals and electronics. In Pharmaceuticals segment, they are engaged in manufacture of drugs and formulations. Electronics segment is engaged in manufacture of electronics instruments and services. Their subsidiaries include Synbiotics, Haryana Containers, Asence Pharma, Mautik Exim, Systronics, Vovanties Lab etc. Beside of domes customers, Ambalal Sarabhai Enterprises also serves customers worldwide.

Marine Electricals

Marine Electricals has two key business segments. The first one is the Marine and Defence segment. They are key supplier to Indian Navy and Coast Guard for electrical and electronic equipment installed onboard these ships in addition. We also supply our equipment to commercial and offshore vessels to shipyards in India and abroad in countries in the Middle East, South Asia and Europe.

Product range includes power generation and distribution equipment, motors, navigation and communication equipment, integrated platform management solutions, power electronics equipment, weather monitoring systems, light fittings.

The second segment is the Industry and Building vertical wherein Marine supply electrical and automation solutions to the customers in partnership with Schneider Electric India since 2005.

Marine Electricals has in 2019-20 year entered the EV charging solutions business by investing through majority stake in a startup company EVIGO. It provides a complete range of AC (slow) and DC(fast) chargers to customers.

Gayatri Projects

Established in 1963, Gayatri Projects today is one of India’s leading infrastructure players. Gayatri Projects Ltd. is the flagship company of the esteemed and well diversified Gayatri Group that has interests in infrastructure, power, hospitality, real estate and industry. The company has a strong presence in the EPC (Engineering Procurement and Construction) construction of road, irrigation and industrial projects across India.

Kothari Sugars

KSCL, incorporated in 1961, is an integrated sugar company with units at Kattur and Sathamangalam in Tamil Nadu. Sugar complex has Cogeneration capacity that produces power using bagasse as fuel. Premium quality ENA, Ethanol & Rectified Spirit can be produced from the distillation unit of the company.

The Central Government’s push to produce more ethanol, by granting subsidies to build more ethanol plants and by increasing procurement prices of ethanol produced from B-Heavy molasses and 100% sugar cane juice, started to reflect in reduction of the sugar production. Favorable Policies regarding ethanol production expected to help company in long run.

TV18 Broadcast

TV18 Broadcast, a subsidiary of Network18 manages its primary business of broadcasting. TV18 operates various channels of the NBCUniversal group for the Indian viewers such as CNBC TV18, CNBC Awaaz & CNBC-TV18 Prime HD as well as News18. Company has also forayed into the Indian factual entertainment space through a joint venture with A+E Networks and operates History TV18 and fyi TV18.

TV18 has a joint venture with ViacomCBS called Viacom18. TV18 owns 51% in the joint venture while remaining 49% is owned by ViacomCBS. Viacom18 operates popular channels like Colours (including all languages), Indian version of MTV, Nickelodeon etc.

Transformers & Rectifiers

Promoted by Mr Jitendra Mamtora in 1994, Transformers & Rectifiers (TRIL) is engaged in manufacturing of electrical transformers and reactors, which find application in power transmission & distribution and industrial / commercial sectors. TRIL is amongst the largest domestic transformer manufacturers with an aggregate installed capacity of 33,200 mega volt ampere (MVA) at its three units located in Gujarat.

TRIL is one of the leading domestic transformer manufacturers with a wide range of transformers. TRIL has technological tie-up with Zaporozhtransformator (ZTR), Ukraine, for manufacturing of 765 kilo volt (KV) class transformers, with Fuji Electrical Co. Ltd (Fuji), Japan, for manufacturing of 420 KV class transformers and up to 765 KV class shunt reactors, with Jiangsu Jingke Smart Electrical for manufacturing and supply of switch gear and switch panels.

Beside of catering Domestic market, TRIL also exports transformers to countries such as United Kingdom, Canada, South Africa, Saudi Arabia, Australia, Russia etc. Company derives nearly 80% of revenues from Power Transformers business.

Rail Vikas Nigam

Incorporated in 2003, Rail Vikas Nigam Limited or RVNL was formed with the objectives of implementation of projects relating to creation and augmentation of capacity of rail infrastructure on fast track basis and raising of extra budgetary resources for SPV projects.

Owned by Indian Railways, RVNL was granted Miniratna status in September 2013. Company executes projects such as new lines, gauge conversation, doubling, railway electrification, metro projects, construction of railway bridges etc.

IRCON

Incorporated in 1976, Indian Railways Construction Company or IRCON is a leading construction company from the Public Sector. IRCON has widespread operation in several states in India and other countries like Malaysia, Nepal, Bangladesh, U.K etc.

Railway and Highway Construction, EHP sub-station (engineering and constructions), and Mass Rapid Transit System (MRTS) are the core business areas of IRCON. Company has so far completed more than 300 Infrastructure projects in India and more than 100 projects across the globe in more than 21 countries.

Vishwaraj Sugar

Vishwaraj Sugar is an integrated sugar and other allied products manufacturing company operating from Belgaum District in the State of Karnataka. Company mainly operates in four segment namely Sugar, Co-Generation, Distillery and Natural Alcohol Vinegar.

Sugarcanes are processed by Vishwaraj to produce sugar and the by-product bagasse is used to generate electricity for captive use and commercial sale, and molasses/sugarcane syrup is used to manufacture Rectified Spirit, ENA and Ethanol.

Company has plans to set up a new Ethanol Plant in Karnataka with an investment of nearly ₹250 crore. Through this capital expenditure, company plan to ramp up the capacity for ethanol production to 500,000 liters per day. They also plan to move up the value chain by targeting new clientele in the pharmaceuticals, health supplements and nutraceuticals.

Den Networks

Incorporated in 2007, DEN is one of the largest national Multi System Operators in India involved in the distribution of digital cable television services. DEN also has an pan India Internet Service Provider (ISP) licence for broadband internet services.

The company’s cable and broadband operations span 500+ cities across 13 key states across India including Delhi, Uttar Pradesh, Karnataka, Maharashtra, Gujarat, Rajasthan, Haryana, Kerala, West Bengal, Jharkhand and Bihar. It has significant presence in the strategic and economically important Hindi-speaking markets (HSM) belt.

In 2019, Reliance Industries acquired majority shareholding of DEN through issuance of fresh preference equity, share purchase from its erstwhile promoters (Mr. Sameer Manchanda & family) and public shareholders

NHPC

NHPC Limited is the largest player of hydropower development in India, with capabilities to undertake all the activities from conceptualization to commissioning in relation to setting up of hydro projects. It has also diversified in the field of Solar & Wind power.

NHPC is a pure Renewable Energy Player, presently having an installation base of 7071.2 MW from 24 power stations. Company is engaged in the construction of 6 projects aggregating to a total installed capacity of 5774 MW. In addition, 16 Projects with aggregate capacity of 10382 MW are under clearance stage which includes 10 Schemes of NHPC’s own and 6 in Joint Venture mode.

Shree Renuka

Shree Renuka Sugars is a leading manufacturer of sugar and sugar refiners in India. The company operates in Sugar, Ethanol, and Power segments. In sugar business, the company operates seven sugar mills in India with a total crushing capacity of 7.1 MTPA or 35,000 TCD and two port based sugar refineries with capacity of 1.7 MTPA.

In Ethanol business, the company manufactures fuel grade ethanol that can be blended with petrol. Distillery capacity is 930 KLPD. In Power business, company produces power from bagasse (a sugar cane by product). Total Cogeneration capacity is 242 MW.

HUDCO

A Public Sector Company, HUDCO has been a key partner with the Government in building Housing and Infrastructure assets. Company is engaged in the business of providing long-term finance for the construction of houses and undertake housing and urban infrastructure development programs. They provide finance facilities for the projects like water supply, roads and transport, power, social infrastructure, drainage and others.

Electrosteel Castings

Electrosteel Castings Limited (ECL) is a pioneer in the production of Ductile Iron Pipes in India and is a five-decade-old Water Infrastructure Company providing techno-economic solutions for water supply and sewerage systems. Centrifugally cast Ductile Iron pipes are one of the most preferred materials for water supply and sewerage applications across the world due to its host of advantages.

Electrosteel Castings Limited has four manufacturing units located in Khardah, Bansberia and Haldia (in West Bengal) and Elavur (in Tamil Nadu). Along with its subsidiaries, company caters to nearly 25% of the domestic DI Pipe demand. Together, they manufacture 5.7 L TPA of DI Pipes and 16000 TPA of DI Fittings.

Earlier, Electrosteel Steels was also a part of Electrosteel Castings. However, they loosed it to Vedanta in Bankruptcy proceedings due to serious financial problems. However, Electrosteel Castings is safe to invest.

IDFC First Bank

Headquartered in Mumbai, IDFC Bank was initially promoted by its Parent IDFC Limited. Then in 2018, IDFC Bank was merged with the Capital First (another Financier) to form a New and stronger Bank, IDFC First Bank. Today, this bank provides banking services to corporates, individuals, small and micro enterprises (SMEs), financial institutions and the Government. As of 31st March 2021, bank has nearly 596 branches and 592 ATMs.

The Total Funded Loan Assets stood at Rs.1,17,127 crore as on 31 March 2021, compared to Rs 1,07,004 crore as on 31 March 2020. Retail Loan Book increased to Rs 73,673 crore as on 31 March 2021, compared to Rs 57,310 crore as on 31 March 2020.

Union Bank

Union Bank of India is one of the leading public sector banks of the country. Recently, Andhra Bank and Corporation Bank were merged into Union Bank to form a much bigger and stronger Bank.

Union Bank has a strong network of 9590 domestic branches and 12961 ATMs, serving over 10 crore customers. The Bank also has international presence with 3 overseas branches in Hong Kong, Dubai and Australia. As per latest financial results, Domestic Advances of the Bank amounts to nearly Rs 6,37,672 crore.

Texmaco Rail

Texmaco Rail & Engineering is a part of the Adventz Group. It is a multi-unit engineering and Infrastructure Company, with 5 manufacturing units extending over 170 acres in the outskirts of Kolkata. They manufacturers a diverse range of products including Railway Freight Cars, Hydro-Mechanical Equipment, steel castings and pressure vessels.

Wagon building has been the mainstay of Texmaco for decades. Company’s Railway freight cars serves a range of industries such as Cement, steel, Oil, chemical plants etc. It is also engaged in design, fabrication and commissioning of hydro-mechanical equipment for hydro-power projects. It is also engaged in fabrication of heavy steel structures for thermal power stations, railway bridges, naval ship structure. In 2018, company has also entered in Defence business.

IRFC

Indian Railway Finance Corporation (IRFC) was set up on 12th December, 1986 as the dedicated financing arm of the Indian Railways for mobilizing funds from domestic as well as overseas Capital Markets. IRFC’s principal business is to borrow funds from the markets to finance the acquisition / creation of assets which are leased out to the Indian Railways.

J&K Bank

J&K Bank has most of its branches located in the Jammu and Kashmir. The Government of Jammu and Kashmir owns over half of the total stake in the Bank. Similar to other banks, J&K Bank also offers banking services like savings and Deposits, loans, insurance, cards etc.

J&K Bank has over 850 branches, which includes approximately 193 urban branches and over 462 ruler branches. As per latest financial results, total advances of the Bank amounts to nearly Rs 66842 Crore while deposits amounts to nearly Rs 108061 Crore. CASA ratio of the Bank stood around 56.8% which is really impressive.

Navkar Corporation

Navkar Corporation is focused on capitalizing the available opportunities in the logistics space in India. Its Container Freight Stations (CFS) are located in Ajivali CFS I, Ajivali CFS II at Ajivali and Somathane CFS at Somathane, which are strategically located in Panvel, Maharashtra, in close proximity to the Jawaharlal Nehru Port Trust or JNPT (one of the largest container port in India).

One of the CFSs has a unit for inspection and approval for Agriculture Cargo (set up by the ministry of Agriculture) enabling it to handle agriculture cargo. The company can handle cargo at controlled temperatures through its temperature control chamber. They also provide cargo storage facilities at their CFSs.

Navkar has also a rail siding for domestic movement of cargoes. Products required at various destinations are loaded here and moved to distant inland destinations.

Snowman Logistics

Snowman Logistics is one of the leading integrated temperature-controlled logistics service provider, specializing in providing warehousing, distribution, and other value-add services across the country. At present, Gateway Distriparks limited is the promoter and owner of the company.

State-of-the-art temperature controlled warehousing facilities of Snowman Logistics located in prime locations like Mumbai, Chennai, and Bengaluru helps company to ensure product quality and temperature integrity of customers’ products from point of origin to the consumption point. As of now, company’s main focus is on gathering orders from Pharmaceutical and Sea food segments.

So, that was some brief information on the companies that were mentioned in the list of Best Stocks below Rs 50. You can also check this article Best Penny stocks in India to discover few more good stocks that are trading under Rs 50.

Now, lets quickly check some queries that might come to your mind before investing in any stock from the list mentioned above.

Stocks Available Below Rs 50 can really be a Good Investment?

In the list, many high profitable companies have been added that are easily available below Rs 50. Many are offering Good dividend yield too. Some stocks from the list have also seen a good rally in recent period indicating increased buying interest among them.

However, Investing in stocks available below Rs 50 has its own negatives like Institutional investors may not give a lot of attention to them. But if a company is able to prove itself by delivering good growth in the business, then an under 50 stock holds better potential to turn into among the best investments of yours.

Why this List of Best Shares under Rs 50 has been prepared?

There are more than 2000 companies trading under Rs 50 on the Indian Stock Exchanges. Through the list, you wouldn’t be required to read and analyse all that 2000 companies. Stocks mentioned in the list have been filtered with some parameters.

What is the Risk and Reward Potential in Stocks trading below Rs 50?

Many stocks available below Rs 50 might belong to small companies. When the company is small, risks can be higher as company may not have sufficient capital resources. At the same time, there could be many companies which have a share price below Rs 50 but have a strong and profitable business. If such businesses continued to grow in future, stocks of such companies might give a good return to investors.

Should you buy the stocks mentioned in the List of Best stocks under Rs 50?

The list was curated for the purpose to make it easy for the investors to discover good stocks that are trading below Rs 50. Stocks that have been mentioned in the list are nowhere a direct investment advice.

What are the names of PSU Stocks that are trading under Rs 50?

A good number of stocks that were mentioned in the list are PSU companies. Names of all of that PSU companies from the list have been mentioned here so that you wouldn’t be required to do any any extra work if you want to invest specifically in PSU companies. Here are the names

• NBCC
• Rail Vikas
• IRCON
• NHPC
• HUDCO
• Union Bank
• IRFC
• J&K Bank

Best Dividend Paying Shares Below Rs 50 in India

Among the mentioned names in the list of Best Under 50 Stocks, most of the High Dividend Paying stocks are PSU companies. Here are the names of all Under 50 Stocks that are paying considerable amount of dividend.

• Rail Vikas Nigam or RVNL
• IRCON
• NHPC
• IRFC

If you want to discover more Dividend Paying stocks and ready to pay higher than 50 rupees as the share price, then you can also refer this article Best Dividend Paying Stocks. Some Good Dividend Paying stocks have been mentioned there.

So that is the end of this article. Hope it will help you to pick some good stocks under 50 rupees.

Good Luck : )