When you’re starting out in the stock market, you don’t have to put in a ton of money. You can actually find some stocks priced under Rs. 100 per share could really take off down the line. We’ve gone through a detailed analysis of price trends, market news, speculation, and fundamentals to carefully choose these stocks with great growth potential. So, in this article, we will look at the Best Large Cap Stocks Under Rs 100 that you should watch out for!
Best Large Cap Stocks Under Rs 100 – Complete List & Analysis
Housing and Urban Development Corporation Ltd:
Housing and Urban Development Corporation Ltd (HUDCO) is the Best Large Cap Stocks Under Rs 100 is Housing and Urban Development Corporation Ltd (HUDCO) is a key player in the financing of housing and urban development activities in India. The company’s primary focus is to support and facilitate the development of housing and urban infrastructure across the country. HUDCO showcases several positive aspects that contribute to its overall appeal. Firstly, the stock price is trading at a favorable valuation of 0.79 times its book value, suggesting potential undervaluation and an attractive investment opportunity. Moreover, the company offers a respectable dividend yield of 6.12%, providing investors with a steady income stream. However, there are a few areas of concern for HUDCO. The company has a relatively low-interest coverage ratio, indicating potential challenges in meeting interest obligations
IDFC First Bank:
IDFC First Bank is a prominent player in the banking services sector in India. The company provides a range of banking services to meet the financial needs of its customers. IDFC is also Best Large Cap Stocks Under Rs 100 – Complete List & Analysis The company has achieved strong profit growth with a compound annual growth rate (CAGR) of 23.0% over the past five years, indicating successful business strategies and efficient operations. Additionally, the promoter holding has increased by 3.61% from the previous quarter, signifying confidence and commitment from major stakeholders. However, IDFC First Bank faces certain challenges. The company has a low-interest coverage ratio, which suggests potential difficulties in meeting interest payments. Moreover, the return on equity (ROE) for the company over the past three years is 5.40%, indicating relatively low profitability compared to shareholder equity.
NLC India Ltd:
NLC India Ltd is a prominent player in the mining and power generation industry, with a focus on lignite and renewable energy sources. The company’s operations revolve around mining lignite and utilizing it for power generation. Despite facing challenges, NLC India has several positive aspects that contribute to its overall performance.
One notable positive is the company’s consistently high dividend payout rate of 27.0%. This demonstrates a commitment to rewarding shareholders and generating value for investors. Additionally, NLC India has made significant improvements in its debtor days, reducing them from 162 to 96.3 days. This indicates enhanced efficiency in managing receivables and cash flow.
However, one area of concern for NLC India is its low return on equity (ROE) of 7.90% over the past three years. A low ROE suggests that the company’s profitability is relatively low compared to its equity investment.
Tarmat:
Tarmat Ltd is an infrastructure development company specializing in the construction of runways, highways, airfields, parking bays, aprons, taxiways, and more. With a focus on creating vital transportation infrastructure, Tarmat plays a significant role in facilitating connectivity and mobility. One positive aspect of Tarmat is its debt-free status, which indicates a healthy financial position and reduced financial risk.
Furthermore, Tarmat has exhibited commendable profit growth, delivering a remarkable 166% compound annual growth rate (CAGR) over the past five years. This demonstrates the company’s ability to generate consistent and substantial profits, reflecting successful business strategies and efficient project execution.
On the downside, Tarmat has experienced a reduction in promoter holding by 2.60% in the last quarter. Additionally, Tarmat’s current promoter holding stands at a relatively low 33.2%. A lower promoter holding percentage might indicate less control and influence over the company’s decision-making processes.
National Fertilizers:
National Fertilizers Limited plays a significant role in the production and marketing of neem-coated urea, bio-fertilizers, and other allied industrial products in India. The company contributes to the agricultural sector by providing essential fertilizers and promoting sustainable farming practices.
National Fertilizers showcases positive trends in its financial performance. The company has successfully reduced its debtor days from 120 to 64.4 days, indicating improved efficiency in collecting receivables and managing cash flow.
However, there are a few concerns for National Fertilizers. The company has had a low return on equity (ROE) of 5.43% over the past three years, suggesting relatively modest profitability in relation to shareholder equity. Additionally, there may be a possibility that the company is capitalizing on the expense of interest, which could impact its financial performance and create potential risks.