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Best Shares Under Rs. 20 in India

Explore the best shares under ₹20 on NSE using Tickertape’s Stock Screener for smart investing.

Best Shares Under Rs. 20 in India

Stocks Under Rs. 20

List of Stocks Under Rs. 20 listed in NSE.
last updated at 6:30 AM IST 
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Showing 1 - 20 of 46 results

last updated at 6:30 AM IST 
NameStocks (46)Sub-SectorSub-SectorMarket CapMarket CapClose PriceClose PricePE RatioPE Ratio1M Return1M Return6M Return6M Return1Y Return1Y ReturnPB RatioPB RatioReturn on EquityReturn on EquityROCEROCE
1.Vodafone Idea LtdIDEATelecom ServicesTelecom Services58,470.9058,470.908.198.19-1.87-1.877.597.59-17.02-17.02-39.56-39.56-0.56-0.56---3.55-3.55
2.Yes Bank LtdYESBANKPrivate BanksPrivate Banks56,280.6456,280.6417.9517.9543.7943.793.203.20-17.89-17.89-29.33-29.331.341.343.103.101.101.10
3.Jaiprakash Power Ventures LtdJPPOWERRenewable EnergyRenewable Energy10,472.0910,472.0915.2815.2810.2510.258.128.12-23.98-23.98-13.18-13.180.910.919.319.3110.9510.95
4.PC Jeweller LtdPCJEWELLERPrecious Metals, Jewellery & WatchesPrecious Metals, Jewellery & Watches8,967.318,967.3114.1114.11-14.25-14.2521.1921.19-15.54-15.54135.95135.953.063.06-19.01-19.01-4.26-4.26
5.Alok Industries LtdALOKINDSTextilesTextiles7,884.807,884.8015.8815.88-9.31-9.31-0.64-0.64-38.78-38.78-45.80-45.80-0.49-0.49---5.43-5.43
6.RattanIndia Power LtdRTNPOWERPower GenerationPower Generation5,515.105,515.1010.2710.270.620.629.499.49-39.01-39.018.118.111.161.163,042.663,042.66135.26135.26
7.Infibeam Avenues LtdINFIBEAMIT Services & ConsultingIT Services & Consulting4,865.634,865.6317.5217.5230.7730.77-5.63-5.63-44.61-44.61-52.50-52.501.411.414.784.785.645.64
8.Easy Trip Planners LtdEASEMYTRIPTour & Travel ServicesTour & Travel Services4,352.134,352.1312.2812.2842.2142.212.782.78-26.02-26.02-45.72-45.726.976.9720.7320.7323.2023.20
9.Sindhu Trade Links LtdSINDHUTRADLogisticsLogistics2,712.252,712.2517.5917.5947.7047.7017.8617.86-21.44-21.44-39.86-39.861.251.252.822.825.845.84
10.Bajaj Hindusthan Sugar LtdBAJAJHINDSugarSugar2,502.692,502.6919.6219.62-28.96-28.962.442.44-52.48-52.48-41.43-41.430.560.56-1.93-1.930.710.71
11.Hathway Cable and Datacom LtdHATHWAYCable & D2HCable & D2H2,394.952,394.9513.5313.5324.1224.120.380.38-33.19-33.19-38.36-38.360.560.562.342.343.313.31
12.SEPC LtdSEPCConstruction & EngineeringConstruction & Engineering2,380.472,380.4714.9714.97104.50104.509.849.84-47.25-47.25-14.92-14.921.961.961.981.984.654.65
13.Jyoti Structures LtdJYOTISTRUCPower Transmission & DistributionPower Transmission & Distribution2,032.232,032.2317.1017.1070.4470.44-1.40-1.40-24.65-24.65-20.47-20.47-79.66-79.66--1.071.07
14.GTL Infrastructure LtdGTLINFRATelecom InfrastructureTelecom Infrastructure1,946.991,946.991.521.52-2.86-2.86-1.99-1.99-35.32-35.32-13.14-13.14-0.38-0.38---2.73-2.73
15.Motisons Jewellers LtdMOTISONSPrecious Metals, Jewellery & WatchesPrecious Metals, Jewellery & Watches1,870.471,870.4719.0019.0058.0458.042.352.35-38.64-38.6413.1013.105.705.7013.8513.8518.3018.30
16.Unitech LtdUNITECHReal EstateReal Estate1,713.681,713.686.556.55-0.52-0.524.174.17-40.62-40.62-49.03-49.03-0.35-0.35--15.4715.47
17.Salasar Techno Engineering LtdSALASARIron & SteelIron & Steel1,652.521,652.529.579.5731.2131.213.193.19-49.71-49.71-58.57-58.573.673.6712.4412.4423.0423.04
18.Syncom Formulations (India) LtdSYNCOMFPharmaceuticalsPharmaceuticals1,607.401,607.4017.7817.7863.4863.4811.4711.47-16.60-16.6038.3738.375.585.589.319.3112.9712.97
19.Rama Steel Tubes LtdRAMASTEELBuilding Products - PipesBuilding Products - Pipes1,548.011,548.019.969.9653.1653.16-3.53-3.53-31.87-31.87-28.09-28.094.464.469.549.5415.6115.61
20.Orient Green Power Company LtdGREENPOWERRenewable EnergyRenewable Energy1,476.851,476.8512.5912.5938.4638.461.411.41-38.34-38.34-36.88-36.881.891.895.925.928.328.32

Overview of the Top Shares Under ₹20 in India

Vodafone Idea Ltd

A leading telecommunications company in India, Vodafone Idea Ltd offers mobile voice and data services across the country. Among the best stocks under ₹20 known for its extensive network, it provides innovative solutions for individual and enterprise customers, including 4G, IoT, and enterprise connectivity services.

Yes Bank Ltd

Yes Bank is a private sector bank in India offering a wide range of banking and financial services. It focuses on retail, corporate, and SME banking, along with digital banking solutions. Among the stocks below ₹20, Yes Bank also provides investment banking, asset management, and wealth management offerings.

Jaiprakash Power Ventures Ltd

Jaiprakash Power Ventures operates in the power generation sector, focusing on hydroelectric and thermal power projects. Among the top stocks under ₹20, it is part of the Jaypee Group, contributing significantly to India's energy infrastructure with a strong emphasis on renewable and sustainable solutions.

PC Jeweller Ltd

A prominent player in the Indian jewelry industry, PC Jeweller specialises in designing and retailing gold, diamond, and silver ornaments. The company is renowned for its craftsmanship, offering a mix of traditional and contemporary designs to cater to diverse customer preferences.

Alok Industries Ltd

Alok Industries Ltd is a leading Indian textile manufacturer engaged in the production of world-class yarns, garments, home textiles, and polyester products. It is one of the best stocks under ₹20 with integrated operations spanning spinning, weaving, processing, and garmenting.

Advantages of Investing in Shares Under Rs. 20 in India

Low Initial Investment

The best-performing stocks under ₹20 are affordable, allowing investors to enter the stock market with minimal capital, making them accessible to a broader audience.

High Return Potential

Due to their low prices, even modest upward movements can result in notable returns, which is why some are identified as high-growth stocks under ₹20.

Opportunity to Invest in Emerging Companies

Many growth stocks under ₹20 often belong to small or emerging companies, providing investors the chance to support and benefit from the growth of potentially successful businesses.

Potential for Multibagger Returns

Some penny stocks, which include small-cap stocks below ₹20, can be potential multibagger stocks, delivering returns multiple times the initial investment if the underlying companies perform exceptionally well.

Higher Volatility Offers Trading Opportunities

Traders may capitalise on the high volatility of short-term price movements, potentially leading to quick profits from short-term stocks under ₹20.

Access to Niche Markets

Investors looking to explore specialised industries may find undervalued stocks below ₹20 within lesser-known segments of the market.

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Factors to Consider Before Investing in Shares Under Rs. 20

Company Fundamentals

Assess the company's financial health, including profitability, debt levels, and cash flow. Strong fundamentals seen in the best stocks under ₹20 indicate stability and growth potential.

Market Liquidity

Evaluate the trading volume of NSE stocks under ₹20 to ensure sufficient liquidity. Many dividend stocks below ₹20 may face liquidity constraints, impacting buying and selling ease.

Industry Position

Assessing whether the company is part of low-risk stocks under ₹20 or faces significant market threats is essential to understand competitive positioning.

Regulatory Compliance

Ensure the company adheres to regulatory standards and maintains transparency in its operations. Non-compliance can lead to legal issues and impact stock performance.

Price Volatility

Understanding historical price swings is key, especially when dealing with undervalued penny stocks, including mid-cap stocks under ₹20, that are more prone to unpredictable movements.

Investment Horizon and Risk Tolerance

While evaluating the best investment stocks under ₹20, align your investment with your financial goals and risk appetite. Penny stocks can offer high returns but also come with increased risk, making them more suitable for investors with a higher risk tolerance.

Frequently Asked Questions on Shares Under Rs. 20

  1. 1. Are stocks under ₹20 good investments?

    These stocks can offer high growth potential but come with increased risk. Investors should assess their risk tolerance and conduct due diligence before investing.

  2. 2. How can I find stocks under ₹20?

    Use stock screener platforms like Tickertape that allow filtering stocks by price. By setting the stock price limit to ₹20, you can generate the list of stocks trading under ₹20.

  3. 3. What factors should I consider before investing in low-priced stocks?

    Evaluate the company's financial health, market position, growth prospects, and management quality. Also, consider market trends and industry performance.

  4. 4. What are the risks associated with investing in shares under ₹20?

    Risks include high volatility, low liquidity, limited information availability, and potential for fraud. It's crucial to be cautious and well-informed.

  5. 5. Can I make quick profits with stocks under ₹20?

    While possible, quick profits are not guaranteed. These stocks can be highly volatile, and prices may not move as anticipated.