Overview
If you want to put money in the stock market without digging a hole in your pocket, experts have shortlisted six value stocks that are available below ₹100. These stocks have a combination of short-term value and value for money, which attract new investors as well as old-timers. Check out what the market analysts recommend for Monday’s trading session.
Top 6 Stocks Below ₹100 for Today
1. VIP Clothing Ltd
Current Price: ₹43.29
VIP Clothing is displaying good momentum. Technical indicators indicate a probable breakout. Experts think the stock will touch ₹46 soon, and if the momentum keeps growing, even higher. Stop loss suggested at ₹41.75.
2. MMTC Ltd
Current Price: ₹64
MMTC, a state-owned trading company, has been attracting investor interest. With a near-term target price of ₹70, it’s attracting attention for its stable volumes and institutionals.
3. IFCI Ltd
Current Price: ₹55
IFCI, India’s oldest financial institution, is now finding takers among retail investors as it’s recently seen an uptrend. With targets of ₹60–₹65, experts advise a stop loss at ₹51.80 for risk-averse investors.
4. Confidence Petroleum India Ltd
Current Price: ₹60
This stock from the energy sector is indicating accumulation. The analysts are expecting it to rise towards ₹66–₹68 in the short term, with a safe stop-loss level of ₹57.50.
5. NMDC Steel Ltd
Current Price: ₹70
The state-owned NMDC spin-off has this stock still being rated undervalued by some analysts. Short-term target: ₹75, backed by sustained buying at lower levels.
6. Khaitan Chemicals and Fertilizers Ltd
Current Price: ₹74.50
A favorite among small-cap enthusiasts, Khaitan Chemicals has seen steady buying. Experts set the target at ₹80.50, with a protective stop loss near ₹72.50.
Why These Stocks?
Stocks under ₹100 are often considered high-risk, high-reward. But these six picks stand out due to strong technical signals, rising volumes, and renewed investor interest. Experts recommend them as tactical bets for short-term gains—ideal for those who track the market closely.
Final Thoughts
While such low-cost stocks appear enticing, keep in mind that prices under ₹100 tend to be accompanied by increased volatility. So, enter them with a well-thought-out strategy, tight stops, and realistic hopes. As ever, wise investing is not merely about chasing returns—but prudently managing risks.