Final Up to date on Nov 4, 2024 by Vanessa Sequeira
On the planet of inventory market investing, there’s at all times a buzz round discovering the “subsequent huge factor.” Buyers with a eager eye are sometimes looking out for low-priced shares that supply substantial progress potential. Shares beneath Rs. 20 are notably enticing to those that wish to dip their toes into the market with restricted capital. Even retail traders have an affinity for shares beneath Rs. 20. Nonetheless, amongst 5,000+ shares out there in the marketplace, how do you discover the most effective shares to purchase at present beneath Rs. 20? On this weblog, let’s dive into figuring out the penny shares checklist of the most effective shares beneath 20 on NSE with the assistance of Tickertape Inventory Screener.
Finest Shares Underneath Rs. 20 in India
Notice: The information within the above desk is from 4th November 2024. This penny shares checklist of the most effective shares beneath Rs. 20 are filtered utilizing Tickertape Inventory Screener utilizing the next parameters:
- Shut Value: Set to 0.02 – 20
- 5Y Common Internet Revenue Margin: Set the restrict to 10 to Excessive (Kind from highest to lowest)
- 5Y Common Return on Fairness: Set the restrict to 10 to Excessive
🚀 Professional Tip: You should utilize Tickertape’s Inventory Screener to analysis and consider shares with over 200+ filters and parameters.
Put money into the Finest Penny Inventory Portfolios Managed by SEBI Specialists
Do you know that you may put money into the most effective penny inventory portfolios which might be managed by SEBI-registered consultants?
Let’s study smallcase.
A smallcase is a basket or portfolio of shares/ETFs representing an concept – an goal, theme, or technique. They assist traders construct a low-cost, long-term & diversified portfolio with ease. smallcases are created and managed by SEBI-registered funding professionals (often known as smallcase managers).
Amongst 500+ smallcases, listed here are among the prime penny shares smallcases:
Notice: These smallcases are talked about just for instructional functions and aren’t meant to be recommendatory. Buyers should conduct their very own analysis and seek the advice of a monetary skilled earlier than making any funding selections.
- Disclosures for Penny Shares Basket smallcase
- Disclosures for Penny Shares Gulluck with Midcap and Largecap smallcase
Concerning the Finest Shares Underneath 20 Rs in 2024
For traders searching for shares to purchase at present, right here is an outline of among the prime 10 penny shares in India beneath Rs. 20. Nonetheless, earlier than investing, it’s useful to at all times conduct due diligence and analysis about every firm.
Garbi Finvest Ltd
Garbi Finvest Restricted, previously Golden Properties & Merchants Ltd, was included on 14th June 1982 in Kolkata, West Bengal. The corporate has been engaged in Non-Banking Monetary Actions since 1998. The title change to Garbi Finvest Restricted was proposed throughout a board assembly on twenty ninth June 2016. As of 4th November 2024, this inventory beneath 20 Rs has a market capitalisation of Rs. 19.13 cr., and its share value closed at Rs. 16.74. The corporate has a 5-yr common internet revenue margin of 41.72, and its 5-yr common return on fairness (ROE) is 12.89. Be taught extra in regards to the firm’s progress, valuation, and efficiency on the Tickertape Scorecard now!
Main Leasing Finance and Funding Firm Ltd
Main Leasing Finance and Funding Firm Restricted (LLFIL) is an NBFC registered with the RBI. The corporate was established on seventh October 1983. The corporate operates within the funding, leasing, and financing sectors. Over the past 5 years, the corporate’s income has grown at a yearly price of 20.45%, larger than the trade common of 11.37%. As of 4th November 2024, the corporate has a market capitalisation of Rs. 482.09 cr., and its share value closed at Rs. 10.97. Moreover, the corporate’s 5-yr common internet revenue margin is 35.73, and its 5-yr common ROE is 13.97. Click on right here to be taught extra in regards to the inventory’s previous efficiency within the inventory market solely on Tickertape!
Sagar Soya Merchandise Ltd
Sagar Soya Merchandise (SSPL) was established on twenty seventh September 1982 as a personal restricted firm. The corporate is at present chaired by A C Patel, with D T Patel serving as managing director. SSPL operates manufacturing amenities in Bhainsa, Madhya Pradesh, producing soya oil, de-oiled truffles, and soya flour. Over the past 5 years, the corporate’s present ratio has been 1307.31 larger than the trade common of 168.46. As of 4th November 2024, the corporate has a market capitalisation of Rs. 0.07 cr., and its share value closed at Rs. 2.46. Moreover, the corporate has a 5-yr common internet revenue margin of 32.11, and its 5-yr common ROE is 21.21. Try extra in regards to the firm’s previous profitability developments and efficiency generally on the Tickertape Scorecard.
Magnanimous Commerce & Finance Ltd
Magnanimous Commerce & Finance Restricted was included as a Public Firm restricted by shares on twenty third July 1985. It secured permission from the Reserve Financial institution of India to function as a Non-Banking Monetary Establishment and is registered as a Non-Deposit Taking Firm. Over the past 5 years, the corporate’s income has grown at a yearly price of 143.99%, larger than the trade common of 11.36%. As of 4th November 2024, the corporate has a market capitalisation of Rs. 0.54 cr., and its share value closed at Rs. 5.64. Moreover, the corporate has a 5-yr common internet revenue margin of 30.33, and its 5-yr common ROE is 22.95. Try extra in regards to the firm’s previous profitability developments and efficiency generally on the Tickertape Scorecard.
Avonmore Capital & Administration Companies Ltd
Avonmore Capital & Administration Companies Restricted, based mostly in New Delhi, India, is a non-banking monetary firm providing a spread of advisory and monetary companies. Its Debt and Fairness Market Operations contain buying and selling in securities and bonds. The Consultancy and Advisory section offers service provider banking, underwriting, company and infrastructure advisory, and mortgage syndication companies. As of 4th November 2024, the corporate has a market capitalisation of Rs. 355.36 cr., and its share value closed at Rs. 15.11. Moreover, the corporate has a 5-yr common internet revenue margin of 26.08, and its 5-yr common ROE is 13.76. On the Tickertape Scorecard, the corporate is displaying good indicators of profitability and effectivity with a rating of 8.5/10 when it comes to money stream and a rating of seven.3/10 when it comes to revenue.
GVP Infotech Ltd
GVP Infotech Restricted, based mostly in New Delhi, operates in IT infrastructure, cable infrastructure, and operations outsourcing in India. The corporate offers a spread of web and internet advertising and marketing companies, together with search engine optimisation, pay-per-click promoting, internet design, content material advertising and marketing, social media advertising and marketing, and e-mail advertising and marketing. As of 4th November 2024, the corporate has a market capitalisation of Rs. 194.25 cr., and its share value closed at Rs. 12.24. Moreover, the corporate has a 5-yr common internet revenue margin of 20.15, and its 5-yr common ROE is 10.61. Get a extra detailed inventory evaluation on the Tickertape Scorecard at present!
SC Agrotech Ltd
SC Agrotech Restricted operates in agriculture, horticulture, and natural farming. Initially included in 1990 as Sheel Worldwide Restricted, the corporate rebranded to its present title in October 2015. Headquartered in New Delhi, India, SC Agrotech focuses on varied farming actions that contribute to the agriculture sector. Over the past 5 years, the corporate’s income has grown at a yearly price of 18.18%, larger than the trade common of 6.39%, and its internet revenue has grown at a yearly price of 36.85%, additionally larger than the trade common of two.85%. As of 4th November 2024, the corporate has a market capitalisation of Rs. 9.95 cr., and its share value closed at Rs. 16.60. On the Tickertape Scorecard, the inventory ranks larger in profitability, with a rating of seven.6/10 in revenue. Try extra on the Tickertape Scorecard right here!
Brightcom Group Ltd
Brightcom Group Restricted gives digital advertising and marketing options to companies, businesses, and on-line publishers globally. It operates in two segments: Digital Advertising and marketing and Software program Growth. The corporate specialises in connecting advertisers with their goal audiences via varied digital media channels. Initially often called Lycos Web Restricted, the corporate rebranded to Brightcom Group Restricted in September 2018. As of 4th November 2024, the corporate’s market capitalisation is Rs. 1,632.62 cr., and its share value closed at Rs. 8.09.
Moreover, the corporate’s 5-yr common internet revenue margin is 17.40, and its 5-yr common ROE is 17.97. The Tickertape Scorecard demonstrates a optimistic pattern in profitability with a rating of seven.9/10 in revenue and seven.2/10 in money stream. Be taught extra about this inventory by evaluating its Tickertape Scorecard right here.
Esaar (India) Ltd
Esaar (India) Restricted is a non-banking monetary firm (NBFC) based mostly in Mumbai, India, and has operated since 1951. The corporate gives a variety of retail credit score choices, together with residence, enterprise, private, schooling, and automobile loans and venture and business property financing. It additionally offers loans towards property, securities, lease rental discounting, agri, and rural funding. Over the past 5 years, the corporate’s debt-to-equity ratio has been 177.21%, decrease than the trade common of 250.4%, and its present ratio has been 146.49, larger than the trade common of 40.97. As of 4th November 2024, the corporate has a market capitalisation of Rs. 12.63 cr., and its share value closed at Rs. 6.30. Try extra on the Tickertape Scorecard right here!
Swasti Vinayaka Artwork and Heritage Company Ltd
Swasti Vinayaka Artwork and Heritage Company Restricted, established in 1985 and headquartered in Mumbai, India, specialises in manufacturing and promoting carvings made out of treasured and semi-precious stones, work and jewelry. The corporate can also be concerned in the true property sector. Over the past 5 years, the corporate’s income has grown at a yearly price of seven.2%, larger than the trade common of three.63%. As of 4th November 2024, the corporate’s market capitalisation is Rs. 42.11 cr., its share value closed at Rs. 4.80. Moreover, the corporate’s 5-yr common internet revenue margin is 17.20, and its 5-yr ROE is 12.31. Get a extra detailed inventory evaluation on the Tickertape Scorecard at present!
Benefits of Investing within the Finest Rs. 20 Shares
Investing in shares priced beneath Rs. 20 can provide a number of benefits like:
- Affordability: These shares beneath 20 Rs., together with solar energy shares beneath 20 Rs are usually thought of inexpensive, permitting traders with restricted capital to take part within the inventory market. This accessibility permits people to construct a diversified funding portfolio, which can embrace the most effective share beneath 30 Rs.
- Greater Volatility: Shares priced beneath Rs. 20, together with renewable vitality shares beneath 20 Rs., typically exhibit larger volatility in comparison with higher-priced shares. This volatility creates alternatives for doubtlessly larger returns, particularly for these investing in penny shares to purchase for long-term. Buyers prepared to tolerate short-term value fluctuations could profit from the potential for vital positive factors over time.
- Elevated Liquidity: Moreover, shares priced beneath Rs. 20, together with debt-free penny shares beneath 20 Rs., could entice consideration from retail traders and merchants searching for low-cost shares to purchase at present in India. Elevated buying and selling exercise can contribute to liquidity in these penny shares beneath 20 Rs., permitting traders to purchase and promote shares extra simply.
Dangers of Investing within the High 10 Penny Shares in India beneath Rs 20
Investing in shares beneath 20 Rs can have vital limitations. Let’s take a look at among the dangers of investing within the corporations on the penny shares checklist:
- Restricted Info: Firms with shares beneath 20 Rs., together with even the highest 50 share beneath 20 Rs., could not at all times adequately disclose info concerning their monetary well being and operations, doubtlessly leading to funding selections being made on incomplete information.
- Threat of Delisting: Firms with shares beneath 20 rupees can face a heightened threat of delisting, notably these on the NSE India prime gainers, as they might fail to fulfill the minimal value necessities established by inventory exchanges.
- Susceptibility to Market Sentiment: Even the most effective shares beneath 20 Rs. might be extra vulnerable to market sentiment and speculative buying and selling, which might result in erratic inventory value actions unrelated to the corporate’s fundamentals. In case you are questioning what at present’s market sentiment is, click on right here.
Find out how to Put money into the High Gainers’ Share Underneath Rs. 20?
Investing within the prime gainers share beneath 20 Rs. requires a strategic strategy. Start by conducting thorough analysis to determine shares displaying constant upward momentum inside this value vary. For these aiming to construct a diversified portfolio, a low value share checklist 2024 could be a helpful useful resource. To diversify throughout the penny inventory section, wanting into totally different sectors can cut back threat and improve progress potential. For example, the highest 20 penny shares within the vitality sector in India might provide a mixture of inexpensive shares with publicity to a rising trade.
Whereas searching for any shares to purchase at present, you possibly can utilise dependable monetary platforms or instruments like Tickertape Inventory Screener to trace market developments and determine potential prime performers. With over 200 filters, a customized filter function, a customized universe, and varied pre-built screens, it’s simple to get the most effective shares beneath Rs. 20 based mostly in your most popular standards.
If in case you have already shortlisted shares on the penny shares checklist, then you possibly can add a watchlist and join it to the TT Inventory screener for additional evaluation. Moreover, you possibly can put money into these shares instantly from Tickertape in a number of clicks. Try extra in regards to the Tickertape Inventory Screener right here!
Who Ought to Put money into Shares Underneath Rs. 20 ?
Let’s discover the sorts of traders who would possibly discover worth in shares priced beneath Rs. 20 and the methods that may result in profitable investments.
1. New Buyers with Restricted Capital: For brand new traders, exploring the low value share checklist 2024 might help determine inexpensive shares that match their methods. These shares provide an opportunity to enter the market with out vital monetary dedication, permitting newcomers to construct a portfolio and acquire expertise.
2. Threat-Tolerant Buyers: If in case you have a excessive urge for food for threat, these shares could fit your profile. Their volatility can result in fast positive factors or losses, making them appropriate for many who perceive market fluctuations.
3. Quick-Time period Merchants: For merchants, low-priced shares, together with beneath 20 Rs shares, can current fast alternatives attributable to their value swings. Expert merchants can capitalise on these actions with the suitable methods.
4. Multibagger Seekers: Buyers searching for penny shares to purchase for long-term, together with shares beneath 10 Rs, could discover hidden gems amongst low-priced shares with progress potential, emphasising the necessity for thorough analysis.
5. Diversified Portfolio Builders: Together with low-priced shares in a diversified portfolio can improve progress potential, balancing threat throughout totally different asset courses.
Elements to Contemplate Earlier than Investing in Shares Underneath Rs. 20
When taking a look at the most effective shares to put money into proper now, hold some elements in thoughts. Threat is important to think about earlier than investing in shares beneath 20 Rs. Whereas many of those semi-penny shares have generated mass wealth for traders, many others have failed on the markets. Notice that these shares within the penny shares checklist might be the worst performers within the case of market turndowns. Additionally, a majority of those shares could cope with liquidity points. Funding horizon, sector, and timing are different important elements it’s good to contemplate earlier than investing. Monitoring the highest gainers’ shares beneath 20 Rs is an effective technique for traders trying to capitalise on value momentum.
Conclusion
Timing is arguably probably the most essential issue to think about when investing within the penny shares checklist. The correct inventory picked on the proper time can flip your fortunes. Investing in semi-penny shares can profit if the corporate has progress potential and your analysis is viable. However keep in mind that investing in any inventory attracts appreciable threat, magnified manyfold with semi-penny shares.So, analysis, analyse, and make investments faster than earlier than with Tickertape. Grow to be a Professional Member at present!
Regularly Requested Questions on the Finest Penny Shares Underneath Rs. 20
1. What are penny shares?
Shares buying and selling at a low worth and having a small market capitalisation are known as penny shares. These often commerce decrease than Rs. 10.
2. That are the most effective shares beneath 20 Rs in India at present?
3. What are the 4 most lively shares beneath Rs. 20?
4. Find out how to get beneath Rs. 20 share checklist on Tickertape?
To get the checklist of the most effective shares beneath 20 Rs you possibly can comply with these easy steps:
(a) Go to the Tickertape web site.
(b) Launch ‘Inventory Screener’ and set the ‘Closed Value’ restrict to Rs. 20 as per your desire.
(c) Eventually, type the shares based mostly on a parameter you like; it may be the market cap, returns, and many others.
5. Which is the most effective inventory beneath Rs. 20 in 2024?
As of 4th November 2024, based mostly on 1 yr return, the most effective inventory beneath Rs. 20 is Harshil Agrotech Ltd, which recorded the very best return of three,989.04% prior to now yr.
6. That are the most effective shares beneath 5 rupees?
7. Find out how to discover the highest 50 shares beneath 20 Rs?
To determine the highest 50 shares beneath Rs. 20 which might be value contemplating, you need to use a inventory screener like Tickertape. Right here’s the right way to arrange the filters to slender down your search:
Inventory Value: Set the value filter to “lower than Rs. 20.”
Market Cap: Embody small and mid-cap corporations to seize high-growth potential.
P/E Ratio: Choose a spread between 0 to twenty to seek out undervalued shares.
Debt to Fairness Ratio: Set this filter to “lower than 2” to deal with financially steady corporations.
Return on Fairness (ROE): Select “larger than 10%” to determine corporations producing strong returns for traders.
After making use of these filters, analyse the primary 50 shares from the share checklist for 2024.
Uncover Associated Inventory Collections
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Content material Strategist at Tickertape
As an funding fanatic, I’ve dabbled in early-stage startups, mutual funds, gold, shares, smallcases, and actual property to determine which belongings generate the very best ROI. At Tickertape, I’m devoted to presenting my studying and offering insightful ideas to assist my readers make sound funding resolution.
