Last Updated on Nov 4, 2024 by Aishika Banerjee
In the world of stock market investing, there’s always a buzz around finding the “next big thing.” Investors with a keen eye are often on the lookout for low-priced stocks that offer substantial growth potential. Stocks under Rs. 20 are particularly attractive to those who want to dip their toes into the market with limited capital. Even retail investors have an affinity for stocks under Rs. 20. However, among 5,000+ stocks available on the market, how do you find the best stocks to buy today under Rs. 20? In this blog, let’s dive into identifying the penny stocks list of the best stocks below 20 on NSE with the help of Tickertape Stock Screener.
Table of Contents
Best Stocks Under Rs. 20 in India
| Name | Sub-Sector | Market Cap (Rs. in cr.) | Close Price (Rs.) | PE Ratio | 5Y Avg Net Profit Margin (%) | 5Y Avg Return on Equity (%) |
| Garbi Finvest Ltd | Consumer Finance | 19.13 | 16.74 | -21.49 | 41.72 | 12.89 |
| Leading Leasing Finance and Investment Company Ltd | Diversified Financials | 482.09 | 10.97 | 230.67 | 35.73 | 13.97 |
| Sagar Soya Products Ltd | Packaged Foods & Meats | 0.07 | 2.46 | 0.24 | 32.11 | 21.21 |
| Magnanimous Trade & Finance Ltd | Investment Banking & Brokerage | 0.54 | 5.64 | 0.03 | 30.33 | 22.95 |
| Avonmore Capital & Management Services Ltd | Investment Banking & Brokerage | 355.36 | 15.11 | 28.66 | 26.08 | 13.76 |
| GVP Infotech Ltd | IT Services & Consulting | 194.25 | 12.24 | 68.16 | 20.15 | 10.61 |
| SC Agrotech Ltd | Agro Products | 9.95 | 16.60 | 41.46 | 18.97 | 36.37 |
| Brightcom Group Ltd | Advertising | 1,632.62 | 8.09 | 1.19 | 17.40 | 17.97 |
| Esaar (India) Ltd | Diversified Financials | 12.63 | 6.30 | -25.78 | 17.35 | 19.68 |
| Swasti Vinayaka Art and Heritage Corporation Ltd | Real Estate | 42.11 | 4.80 | 20.64 | 17.20 | 12.31 |
Note: The data in the above table is from 4th November 2024. This penny stocks list of the best stocks under Rs. 20 are filtered using Tickertape Stock Screener using the following parameters:
- Close Price: Set to 0.02 – 20
- 5Y Average Net Profit Margin: Set the limit to 10 to High (Sort from highest to lowest)
- 5Y Average Return on Equity: Set the limit to 10 to High
🚀 Pro Tip: You can use Tickertape’s Stock Screener to research and evaluate stocks with over 200+ filters and parameters.
Invest in the Best Penny Stock Portfolios Managed by SEBI Experts
Did you know that you can invest in the best penny stock portfolios that are managed by SEBI-registered experts?
Let’s learn about smallcase.
A smallcase is a basket or portfolio of stocks/ETFs representing an idea – an objective, theme, or strategy. They help investors build a low-cost, long-term & diversified portfolio with ease. smallcases are created and managed by SEBI-registered investment professionals (also known as smallcase managers).
Among 500+ smallcases, here are some of the top penny stocks smallcases:
Note: These smallcases are mentioned only for educational purposes and are not meant to be recommendatory. Investors must conduct their own research and consult a financial expert before making any investment decisions.
- Disclosures for Penny Stocks Basket smallcase
- Disclosures for Penny Stocks Gulluck with Midcap and Largecap smallcase
About the Best Shares Under 20 Rs in 2024
For investors looking for stocks to buy today, here is an overview of some of the top 10 penny stocks in India under Rs. 20. However, before investing, it is helpful to always conduct due diligence and research about each company.
Garbi Finvest Ltd
Garbi Finvest Limited, formerly Golden Properties & Traders Ltd, was incorporated on 14th June 1982 in Kolkata, West Bengal. The company has been engaged in Non-Banking Financial Activities since 1998. The name change to Garbi Finvest Limited was proposed during a board meeting on 29th June 2016. As of 4th November 2024, this stock under 20 Rs has a market capitalisation of Rs. 19.13 cr., and its share price closed at Rs. 16.74. The company has a 5-yr average net profit margin of 41.72, and its 5-yr average return on equity (ROE) is 12.89. Learn more about the company’s growth, valuation, and performance on the Tickertape Scorecard now!
Leading Leasing Finance and Investment Company Ltd
Leading Leasing Finance and Investment Company Limited (LLFIL) is an NBFC registered with the RBI. The company was established on 7th October 1983. The company operates in the investment, leasing, and financing sectors. Over the last 5 years, the company’s revenue has grown at a yearly rate of 20.45%, higher than the industry average of 11.37%. As of 4th November 2024, the company has a market capitalisation of Rs. 482.09 cr., and its share price closed at Rs. 10.97. Furthermore, the company’s 5-yr average net profit margin is 35.73, and its 5-yr average ROE is 13.97. Click here to learn more about the stock’s past performance in the stock market only on Tickertape!
Sagar Soya Products Ltd
Sagar Soya Products (SSPL) was established on 27th September 1982 as a private limited company. The company is currently chaired by A C Patel, with D T Patel serving as managing director. SSPL operates manufacturing facilities in Bhainsa, Madhya Pradesh, producing soya oil, de-oiled cakes, and soya flour. Over the last 5 years, the company’s current ratio has been 1307.31 higher than the industry average of 168.46. As of 4th November 2024, the company has a market capitalisation of Rs. 0.07 cr., and its share price closed at Rs. 2.46. Furthermore, the company has a 5-yr average net profit margin of 32.11, and its 5-yr average ROE is 21.21. Check out more about the company’s past profitability trends and performance in general on the Tickertape Scorecard.
Magnanimous Trade & Finance Ltd
Magnanimous Trade & Finance Limited was incorporated as a Public Company limited by shares on 23rd July 1985. It secured permission from the Reserve Bank of India to operate as a Non-Banking Financial Institution and is registered as a Non-Deposit Taking Company. Over the last 5 years, the company’s revenue has grown at a yearly rate of 143.99%, higher than the industry average of 11.36%. As of 4th November 2024, the company has a market capitalisation of Rs. 0.54 cr., and its share price closed at Rs. 5.64. Furthermore, the company has a 5-yr average net profit margin of 30.33, and its 5-yr average ROE is 22.95. Check out more about the company’s past profitability trends and performance in general on the Tickertape Scorecard.
Avonmore Capital & Management Services Ltd
Avonmore Capital & Management Services Limited, based in New Delhi, India, is a non-banking financial company offering a range of advisory and financial services. Its Debt and Equity Market Operations involve trading in securities and bonds. The Consultancy and Advisory segment provides merchant banking, underwriting, corporate and infrastructure advisory, and loan syndication services. As of 4th November 2024, the company has a market capitalisation of Rs. 355.36 cr., and its share price closed at Rs. 15.11. Furthermore, the company has a 5-yr average net profit margin of 26.08, and its 5-yr average ROE is 13.76. On the Tickertape Scorecard, the company is showing good signs of profitability and efficiency with a score of 8.5/10 in terms of cash flow and a score of 7.3/10 in terms of profit.
GVP Infotech Ltd
GVP Infotech Limited, based in New Delhi, operates in IT infrastructure, cable infrastructure, and operations outsourcing in India. The company provides a range of internet and web marketing services, including search engine optimisation, pay-per-click advertising, web design, content marketing, social media marketing, and e-mail marketing. As of 4th November 2024, the company has a market capitalisation of Rs. 194.25 cr., and its share price closed at Rs. 12.24. Furthermore, the company has a 5-yr average net profit margin of 20.15, and its 5-yr average ROE is 10.61. Get a more detailed stock analysis on the Tickertape Scorecard today!
SC Agrotech Ltd
SC Agrotech Limited operates in agriculture, horticulture, and organic farming. Originally incorporated in 1990 as Sheel International Limited, the company rebranded to its current name in October 2015. Headquartered in New Delhi, India, SC Agrotech focuses on various farming activities that contribute to the agriculture sector. Over the last 5 years, the company’s revenue has grown at a yearly rate of 18.18%, higher than the industry average of 6.39%, and its net income has grown at a yearly rate of 36.85%, also higher than the industry average of 2.85%. As of 4th November 2024, the company has a market capitalisation of Rs. 9.95 cr., and its share price closed at Rs. 16.60. On the Tickertape Scorecard, the stock ranks higher in profitability, with a score of 7.6/10 in profit. Check out more on the Tickertape Scorecard here!
Brightcom Group Ltd
Brightcom Group Limited offers digital marketing solutions to businesses, agencies, and online publishers globally. It operates in two segments: Digital Marketing and Software Development. The company specialises in connecting advertisers with their target audiences through various digital media channels. Initially known as Lycos Internet Limited, the company rebranded to Brightcom Group Limited in September 2018. As of 4th November 2024, the company’s market capitalisation is Rs. 1,632.62 cr., and its share price closed at Rs. 8.09.
Furthermore, the company’s 5-yr average net profit margin is 17.40, and its 5-yr average ROE is 17.97. The Tickertape Scorecard demonstrates a positive trend in profitability with a score of 7.9/10 in profit and 7.2/10 in cash flow. Learn more about this stock by evaluating its Tickertape Scorecard here.
Esaar (India) Ltd
Esaar (India) Limited is a non-banking financial company (NBFC) based in Mumbai, India, and has operated since 1951. The company offers a wide range of retail credit options, including home, business, personal, education, and vehicle loans and project and commercial property financing. It also provides loans against property, securities, lease rental discounting, agri, and rural funding. Over the last 5 years, the company’s debt-to-equity ratio has been 177.21%, lower than the industry average of 250.4%, and its current ratio has been 146.49, higher than the industry average of 40.97. As of 4th November 2024, the company has a market capitalisation of Rs. 12.63 cr., and its share price closed at Rs. 6.30. Check out more on the Tickertape Scorecard here!
Swasti Vinayaka Art and Heritage Corporation Ltd
Swasti Vinayaka Art and Heritage Corporation Limited, established in 1985 and headquartered in Mumbai, India, specialises in manufacturing and selling carvings made from precious and semi-precious stones, paintings and jewellery. The company is also involved in the real estate sector. Over the last 5 years, the company’s revenue has grown at a yearly rate of 7.2%, higher than the industry average of 3.63%. As of 4th November 2024, the company’s market capitalisation is Rs. 42.11 cr., its share price closed at Rs. 4.80. Furthermore, the company’s 5-yr average net profit margin is 17.20, and its 5-yr ROE is 12.31. Get a more detailed stock analysis on the Tickertape Scorecard today!
Advantages of Investing in the Best Rs. 20 Stocks
Investing in stocks priced under Rs. 20 can offer several advantages like:
- Affordability: These shares below 20 Rs., including solar power stocks under 20 Rs are generally considered affordable, allowing investors with limited capital to participate in the stock market. This accessibility enables individuals to build a diversified investment portfolio, which may include the best share under 30 Rs.
- Higher Volatility: Stocks priced under Rs. 20, including renewable energy stocks under 20 Rs., often exhibit higher volatility compared to higher-priced stocks. This volatility creates opportunities for potentially higher returns, especially for those investing in penny stocks to buy for long-term. Investors willing to tolerate short-term price fluctuations may benefit from the potential for significant gains over time.
- Increased Liquidity: Additionally, stocks priced under Rs. 20, including debt-free penny stocks under 20 Rs., may attract attention from retail investors and traders looking for cheap stocks to buy today in India. Increased trading activity can contribute to liquidity in these penny stocks under 20 Rs., allowing investors to buy and sell shares more easily.
Risks of Investing in the Top 10 Penny Stocks in India under Rs 20
Investing in shares under 20 Rs can have significant limitations. Let’s look at some of the risks of investing in the companies on the penny stocks list:
- Limited Information: Companies with stocks under 20 Rs., including even the top 50 share under 20 Rs., may not always adequately disclose information regarding their financial health and operations, potentially resulting in investment decisions being made on incomplete data.
- Risk of Delisting: Companies with stocks below 20 rupees can face a heightened risk of delisting, particularly those on the NSE India top gainers, as they may fail to meet the minimum price requirements established by stock exchanges.
- Susceptibility to Market Sentiment: Even the best stocks under 20 Rs. can be more susceptible to market sentiment and speculative trading, which can lead to erratic stock price movements unrelated to the company’s fundamentals. If you are wondering what today’s market sentiment is, click here.
How to Invest in the Top Gainers’ Share Under Rs. 20?
Investing in the top gainers share under 20 Rs. requires a strategic approach. Begin by conducting thorough research to identify stocks showing consistent upward momentum within this price range. For those aiming to build a diversified portfolio, a low price share list 2024 can be a useful resource. To diversify within the penny stock segment, looking into different sectors can reduce risk and enhance growth potential. For instance, the top 20 penny stocks in the energy sector in India could offer a mix of affordable stocks with exposure to a growing industry.
While looking for any shares to buy today, you can utilise reliable financial platforms or tools like Tickertape Stock Screener to track market trends and identify potential top performers. With over 200 filters, a custom filter feature, a custom universe, and various pre-built screens, it is easy to get the best stocks under Rs. 20 based on your preferred criteria.
If you have already shortlisted stocks on the penny stocks list, then you can add a watchlist and connect it to the TT Stock screener for further analysis. Additionally, you can invest in those stocks directly from Tickertape in a few clicks. Check out more about the Tickertape Stock Screener here!
Who Should Invest in Stocks Under Rs. 20 ?
Let’s explore the types of investors who might find value in stocks priced under Rs. 20 and the strategies that can lead to successful investments.
1. New Investors with Limited Capital: For new investors, exploring the low price share list 2024 can help identify affordable stocks that fit their strategies. These stocks offer a chance to enter the market without significant financial commitment, allowing beginners to build a portfolio and gain experience.
2. Risk-Tolerant Investors: If you have a high appetite for risk, these stocks may suit your profile. Their volatility can lead to rapid gains or losses, making them suitable for those who understand market fluctuations.
3. Short-Term Traders: For traders, low-priced stocks, including below 20 Rs shares, can present quick opportunities due to their price swings. Skilled traders can capitalise on these movements with the right strategies.
4. Multibagger Seekers: Investors looking for penny stocks to buy for long-term, including shares under 10 Rs, may find hidden gems among low-priced stocks with growth potential, emphasising the need for thorough research.
5. Diversified Portfolio Builders: Including low-priced stocks in a diversified portfolio can enhance growth potential, balancing risk across different asset classes.
Factors to Consider Before Investing in Stocks Under Rs. 20
When looking at the best stocks to invest in right now, keep some factors in mind. Risk is essential to consider before investing in stocks below 20 Rs. While many of these semi-penny stocks have generated mass wealth for investors, many others have failed on the markets. Note that these stocks in the penny stocks list can be the worst performers in the case of market turndowns. Also, a majority of these stocks may deal with liquidity issues. Investment horizon, sector, and timing are other essential factors you need to consider before investing. Tracking the top gainers’ shares under 20 Rs is a good strategy for investors looking to capitalise on price momentum.
Conclusion
Timing is arguably the most crucial factor to consider when investing in the penny stocks list. The right stock picked at the right time can turn your fortunes. Investing in semi-penny stocks can benefit if the company has growth potential and your research is viable. But remember that investing in any stock attracts considerable risk, magnified manyfold with semi-penny stocks.So, research, analyse, and invest quicker than before with Tickertape. Become a Pro Member today!
Frequently Asked Questions on the Best Penny Stocks Under Rs. 20
1. What are penny stocks?
Stocks trading at a low value and having a small market capitalisation are called penny stocks. These usually trade lower than Rs. 10.
2. Which are the best stocks below 20 Rs in India today?
The top-performing stocks below 20 Rs in India today are as follows –
– Garbi Finvest Ltd
– Leading Leasing Finance and Investment Company Ltd
– Sagar Soya Products Ltd
– Magnanimous Trade & Finance Ltd
– Avonmore Capital & Management Services Ltd
Note: As of 4th November 2024, the best stocks below Rs 20 are sorted according to their 5Y average net profit margin (Sort from highest to lowest) and 5Y average return on equity. This list is for educational purposes only and not recommendatory.
3. What are the 4 most active shares below Rs. 20?
The most active stocks under 20 Rs share list 2024 are:
– Kaarya Facilities & Services Ltd
– Baba Arts Ltd
– Gem Spinners India Ltd
– AA Plus Tradelink Ltd
Note: As of 4th November 2024, the most active stocks under 20 Rs are sorted according to their relative volume (Sort from highest to lowest). This list is for educational purposes only and not recommendatory.
4. How to get under Rs. 20 share list on Tickertape?
To get the list of the best stocks under 20 Rs you can follow these simple steps:
(a) Visit the Tickertape website.
(b) Launch ‘Stock Screener’ and set the ‘Closed Price’ limit to Rs. 20 as per your preference.
(c) At last, sort the stocks based on a parameter you prefer; it can be the market cap, returns, etc.
5. Which is the best stock under Rs. 20 in 2024?
As of 4th November 2024, based on 1 year return, the best stock under Rs. 20 is Harshil Agrotech Ltd, which recorded the highest return of 3,989.04% in the past year.
6. Which are the best stocks under 5 rupees?
As of 4th November 2024, based on 5Y Net Profit Margin and 5Y Return on Equity, here are some of the cheap shares to buy under Rs. 5:
– Hindusthan Udyog Ltd
– Sagar Soya Products Ltd
– Swasti Vinayaka Art and Heritage Corporation Ltd
– Galactico Corporate Services Ltd
Note: This list is for educational purposes only and not recommendatory.
7. How to find the top 50 shares under 20 Rs?
To identify the top 50 shares under Rs. 20 that are worth considering, you can use a stock screener like Tickertape. Here’s how to set up the filters to narrow down your search:
Stock Price: Set the price filter to “less than Rs. 20.”
Market Cap: Include small and mid-cap companies to capture high-growth potential.
P/E Ratio: Select a range between 0 to 20 to find undervalued stocks.
Debt to Equity Ratio: Set this filter to “less than 2” to focus on financially stable companies.
Return on Equity (ROE): Choose “greater than 10%” to identify companies generating solid returns for investors.
After applying these filters, analyse the first 50 stocks from the share list for 2024.
Discover Related Stock Collections
Check out our other stock collections that may be of interest to you:
As an investment fanatic, I’ve dabbled in early-stage startups, mutual funds, gold, stocks, smallcases, and real estate to identify which assets generate the highest ROI. At Tickertape, I’m dedicated to presenting my learning and providing insightful suggestions to help my readers make sound investment decision.
- Best Midcap Stocks to Invest In India (2024) - Nov 20, 2024
- Best Investments For Girl Child in India (2024) - Nov 18, 2024
- Best Halal Stocks in India (2024) - Nov 16, 2024
