Best Stocks Under Rs 50 - Remember the days when you got Rs 50 in pocket money? You could buy the world for 50 rupees. dragon. Well, times are changing.
But did you know that you can save $50 and invest in good stocks for less than Rs 50? A quick run of Screener returns about 1,900 companies listed on the market with a share price of less than Rs 50 per share. Are you striving to select profitable companies from this large group?
What filters to use: revenue growth, profitability, leverage, or whatever? In this article, we will introduce you to the top stocks under Rs 50.
Trident Group: 1990 as a yarn manufacturer. It later entered terry towel manufacturing in the late 1990s.
Over the years, the company slowly diversified into the paper, chemical, and energy sectors. Trident is a well-diversified mid-cap yarn, textile, and paper manufacturer with an international presence in 150 countries. worldwide. It has four manufacturing plants in India. Based in Ludhiana, Punjab, the country is also the world's largest producer of wheat straw-based paper and terry towels. It employs 15,000 people and has a strong online and retail presence.
RVNL: RVNL Is a publicly listed government agency mandated by the Indian Ministry of Railways to implement infrastructure projects. These projects may include railroad installation, railroad upgrades/modifications, railroad electrification, construction of major bridges, and configuration of workshops or production units. In addition, it has also commissioned several subway projects. The Housing and Urban Development Finance Corporation (HUDCO) was incorporated in April 1970 as a public finance institution. It is a public sector company under the Department of Housing and Urban Affairs (MoHUA).
HUDCO: HUDCO is responsible for providing long-term financing and consulting services for the construction of residential and urban programs, satellite cities, and industrial companies. In addition, the company underwrites debentures, bonds, and mutual funds issued by various development agencies. .NHPC, another state-owned company with a share price of fewer than 50 rupees, is the largest hydropower development company in India. It offers a full range of services, from conception to commissioning in relation to the creation of hydroelectric projects. It has also diversified into the field of solar and wind energy development.
IDFC FIRST: IDFC Bank was formed through the merger of the former IDFC Bank and the former Capital First in December 2018. IDFC was founded in 1997 and specializes in banking companies. Founded by Mr. Vaidyanathan, Capital First had a strong retail presence and was seeking a banking license to become a bank. The merger was beneficial to both companies and resulted in a diversified loan portfolio amid India's changing economic landscape. Also, there are a lot of stocks under 50rs, visit Top Stocks Under 50rs for more information on stocks and much more
