Best Stocks Under ₹100 in India – Growth Potential & Market Trends

Stock Name Industry Price (₹) 1-Year Return (%) Key Highlight
Ujjivan Small Finance Bank Banking & Finance ~₹34 +176% Strong profit growth
IDFC First Bank Banking & Finance ~₹57 +23% Increased promoter holdings
Suzlon Energy Renewable Energy ~₹54 +56.63% Strong ROE & ROCE
IDBI Bank Banking & Finance ~₹75 - High market capitalization
NHPC Ltd. Power Generation (Hydro) ~₹77 +51.72% Upgraded to Navratna
Ujjivan Small Finance Bank
Industry: Banking & Finance
Current Price: ~₹34
Ujjivan Small Finance Bank specializes in providing financial services to underserved segments, focusing on micro-banking and financial inclusion. The bank has demonstrated strong profit growth, attributed to its expanding customer base and diversified loan portfolio. Investors should monitor asset quality and non-performing asset (NPA) levels.
IDFC First Bank
Industry: Banking & Finance
Current Price: ~₹58
IDFC First Bank transitioned from infrastructure financing to retail banking after merging with Capital First in 2018. Despite a 14% increase in net interest income, net profit declined by 53% due to challenges in the microfinance sector. Investors should watch for continued recovery and risk management strategies.
Suzlon Energy
Industry: Renewable Energy
Current Price: ~₹54
Suzlon Energy is a leading wind energy solutions provider. The company has seen strong revenue growth and a record order book, but its high valuation (P/E ratio of 90.6) suggests careful evaluation before investing.
IDBI Bank
Industry: Banking & Finance
Current Price: ~₹75
IDBI Bank reported a 40% increase in net profit, with improved asset quality. The bank's privatization process is ongoing, which could significantly impact its future growth. The stock currently trades at a P/E ratio of 17.8.
NHPC Ltd.
Industry: Power Generation (Hydropower)
Current Price: ~₹77
NHPC Ltd. is India's top hydropower company and was recently upgraded to 'Navratna' status. The company's steady revenue from hydropower generation and strong operational performance make it a stable investment option in the renewable energy sector.

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