Shares under 30 Rs are stocks traded on Indian stock exchanges, priced below 30 rupees per share. These are often small-cap or penny stocks, offering higher risk but potential for substantial returns. Investors typically seek them for growth opportunities or speculative investments.
The table below shows the best share under 30 Rs based on the highest market capitalization and 1-year return.
Stock Name | Market Cap (₹ Cr) | Close Price (₹) | 1Y Return (%) |
Vodafone Idea Ltd | 55,686.57 | 7.86 | -45.23 |
Yes Bank Ltd | 54,430.09 | 16.92 | -30.94 |
Trident Ltd | 13,426.02 | 25.59 | -37.59 |
Jaiprakash Power Ventures Ltd | 9,546.87 | 13.52 | -23.4 |
Alok Industries Ltd | 7,845.08 | 16.78 | -39.42 |
PC Jeweller Ltd | 6,474.53 | 11.91 | 91.33 |
South Indian Bank Ltd | 6,428.24 | 24.49 | -23.71 |
Shree Renuka Sugars Ltd | 6,093.87 | 28.54 | -38.43 |
Infibeam Avenues Ltd | 5,164.91 | 18.94 | -46.36 |
RattanIndia Power Ltd | 5,026.42 | 9.33 | -3.81 |
Table of Contents
Introduction To Share Under 30 Rs In India
Vodafone Idea Ltd
The Market Cap of Vodafone Idea Ltd is ₹55,686.57 crore. The stock’s 1-month return is -21.04%, while its 1-year return is -45.23%. It is currently 18.91% away from its 52-week high.
Vodafone Idea Ltd, one of India’s largest telecom operators, has been grappling with financial challenges due to intense competition and high debt. The company has been working towards improving its network infrastructure and expanding 4G coverage to enhance user experience. With a large subscriber base, Vodafone Idea plays a critical role in India’s telecom sector but faces challenges in sustaining profitability.
Despite its struggles, the company is exploring opportunities in the 5G space and digital services to stay relevant in the evolving telecom industry. Government relief measures and fundraising efforts could provide much-needed support. However, Vodafone Idea’s long-term success depends on its ability to improve financial health and offer competitive services in an aggressive market.
Yes Bank Ltd
The Market Cap of Yes Bank Ltd is ₹54,430.09 crore. The stock’s 1-month return is -15.03%, while its 1-year return is -30.94%. It is currently 4.90% away from its 52-week high.
Yes Bank Ltd, a leading private sector bank in India, has experienced volatility due to financial instability in recent years. After facing a liquidity crisis, the bank underwent a restructuring backed by the Reserve Bank of India (RBI) and received capital infusion from major financial institutions. Since then, it has been focusing on strengthening its balance sheet and regaining investor confidence.
The bank is making efforts to improve asset quality and expand its loan book while maintaining adequate capital buffers. With a renewed focus on digital banking, Yes Bank aims to enhance customer experience and expand its market share. However, challenges remain in achieving sustainable growth and restoring profitability amidst intense competition in the banking sector.
Trident Ltd
The Market Cap of Trident Ltd is ₹13,426.02 crore. The stock’s 1-month return is -18.53%, while its 1-year return is -37.59%. It is currently 3.90% away from its 52-week high.
Trident Ltd is a leading textile manufacturer in India, primarily engaged in producing yarn, towels, and bed linen. The company has a strong global presence and exports to multiple countries. With a focus on innovation and sustainability, Trident continues to enhance its product offerings to meet changing consumer demands.
The textile industry has faced challenges due to fluctuating raw material costs and global economic conditions. However, Trident’s focus on operational efficiency and expansion in new markets positions it well for future growth. Its investments in technology and sustainable manufacturing practices could help drive long-term success in the competitive textile space.
Jaiprakash Power Ventures Ltd
The Market Cap of Jaiprakash Power Ventures Ltd is ₹9,546.87 crore. The stock’s 1-month return is -13.99%, while its 1-year return is -23.40%. It is currently 9.39% away from its 52-week high.
Jaiprakash Power Ventures Ltd is engaged in power generation, transmission, and trading of electricity. The company operates thermal and hydroelectric power plants, contributing significantly to India’s power supply. Despite its strong presence, it faces financial difficulties due to high debt and fluctuating energy prices.
To counter these challenges, the company has been restructuring its debt and exploring new opportunities in the renewable energy sector. Investments in clean energy solutions and operational efficiency improvements could help Jaiprakash Power Ventures strengthen its position in the industry. However, regulatory challenges and capital constraints remain key concerns for its future growth.
Alok Industries Ltd
The Market Cap of Alok Industries Ltd is ₹7,845.08 crore. The stock’s 1-month return is -12.29%, while its 1-year return is -39.42%. It is currently 15.72% away from its 52-week high.
Alok Industries Ltd is a prominent player in India’s textile industry, specializing in weaving, knitting, and processing fabrics. The company has a diverse product portfolio, catering to both domestic and international markets. However, financial struggles have impacted its performance in recent years.
Reliance Industries and JM Financial acquired Alok Industries through insolvency resolution, providing a fresh opportunity for revival. With strong backing, the company is focusing on improving operational efficiencies and expanding its reach. The recovery process will be crucial in determining its long-term stability in the competitive textile market.
PC Jeweller Ltd
The Market Cap of PC Jeweller Ltd is ₹6,474.53 crore. The stock’s 1-month return is -26.42%, while its 1-year return is 91.33%. It is currently 170.37% away from its 52-week high.
PC Jeweller Ltd is a well-known jewelry brand in India, specializing in gold and diamond ornaments. The company has expanded its retail presence across multiple cities, catering to a wide customer base. Despite recent financial challenges, it remains a significant player in the Indian jewelry market.
The sharp increase in its one-year return suggests a revival in investor confidence. However, the company’s ability to sustain this growth will depend on its financial restructuring, consumer demand, and competition from both organized and unorganized jewelry sectors. Regulatory policies on gold imports and taxation could also impact its performance.
South Indian Bank Ltd
The Market Cap of South Indian Bank Ltd is ₹6,428.24 crore. The stock’s 1-month return is -8.66%, while its 1-year return is -23.71%. It is currently 9.97% away from its 52-week high.
South Indian Bank Ltd is a leading private bank in India, offering a wide range of banking and financial services. With a strong presence in South India, the bank has been focusing on digital transformation and customer-centric innovations to expand its market share.
The bank has been making efforts to improve its asset quality and profitability. However, increasing competition in the banking sector and regulatory changes pose challenges. Its ability to manage non-performing assets and enhance operational efficiency will play a crucial role in its long-term success.
Shree Renuka Sugars Ltd
The Market Cap of Shree Renuka Sugars Ltd is ₹6,093.87 crore. The stock’s 1-month return is -25.81%, while its 1-year return is -38.43%. It is currently 11.27% away from its 52-week high.
Shree Renuka Sugars Ltd is one of India’s largest sugar manufacturers, with a strong presence in ethanol production and cogeneration power. The company has benefited from government policies supporting the ethanol blending program, which aims to reduce India’s reliance on crude oil imports.
Despite its strong market presence, the sugar industry faces volatility due to fluctuating commodity prices and climate-related risks. The company’s long-term growth will depend on efficient production management, diversification into ethanol and biofuels, and favorable government policies.
Infibeam Avenues Ltd
The Market Cap of Infibeam Avenues Ltd is ₹5,164.91 crore. The stock’s 1-month return is -22.01%, while its 1-year return is -46.36%. It is currently 9.61% away from its 52-week high.
Infibeam Avenues Ltd is a leading digital payments and e-commerce solutions provider in India. The company offers a range of payment gateway services and enterprise software solutions for businesses. Its focus on fintech innovation has positioned it as a key player in India’s digital economy.
Despite facing a decline in stock performance, Infibeam continues to invest in expanding its technology offerings and global presence. With increasing digital transactions in India, the company is well-placed to benefit from future growth opportunities. However, competition from larger fintech players remains a challenge.
RattanIndia Power Ltd
The Market Cap of RattanIndia Power Ltd is ₹5,026.42 crore. The stock’s 1-month return is -21.17%, while its 1-year return is -3.81%. It is currently 18.10% away from its 52-week high.
RattanIndia Power Ltd is engaged in power generation, with thermal power plants in India. The company has been focusing on restructuring its financials and improving operational efficiencies. Despite its efforts, high debt levels and regulatory hurdles continue to impact its performance.
With the increasing shift towards renewable energy, RattanIndia Power is also exploring diversification opportunities. Future growth will depend on its ability to manage financial obligations and capitalize on India’s evolving energy landscape.
What Are Share Under ₹30?
Shares priced under ₹30 represent affordable investment opportunities in the stock market, allowing retail investors to purchase holdings without significant financial outlay. These stocks may appeal to those looking to diversify their portfolios or invest with limited capital.
Investing in low-priced shares can be attractive due to their potential for high returns, especially if the companies experience growth or recovery. However, it’s essential to conduct thorough research, as lower-priced stocks may also come with higher risks, including volatility and lower liquidity in the market.
Features Of Share Under 30 Rs
The key features of shares under 30 Rs highlight their affordability and potential for high returns. These low-priced stocks are often from smaller or less-established companies, attracting investors looking for growth opportunities at lower entry costs.
- Affordability: Shares priced under 30 Rs offer a low entry point for investors, allowing them to purchase a larger quantity of shares with a relatively small capital investment, ideal for beginners or those with limited funds.
- High Risk, High Reward: These stocks typically belong to smaller or less-established companies, making them more volatile. While they offer high growth potential, they also come with increased risk compared to large-cap stocks.
- Speculative Nature: Shares under 30 Rs are often speculative investments, meaning their prices can fluctuate wildly based on market sentiment, news, or rumors, making them suitable for risk-tolerant investors.
- Growth Potential: Some low-priced shares can deliver significant returns if the underlying company grows or improves financially, offering an opportunity for high capital appreciation over time.
- Liquidity Concerns: Many shares under 30 Rs may have lower liquidity, meaning they are traded less frequently, which can make it harder for investors to buy or sell them quickly at favorable prices.
Best Share Under ₹30 Based On 6 Month Return
The table below shows the best share under ₹30 based on a 6-month return.
Stock Name | Close Price (₹) | 6M Return (%) |
Omansh Enterprises Ltd | 9.46 | 818.45 |
Hem Holdings and Trading Ltd | 13.04 | 520.95 |
Yuvraaj Hygiene Products Ltd | 12 | 515.38 |
Sattva Sukun Lifecare Ltd | 1.07 | 454.4 |
Kore Foods Ltd | 26.85 | 308.05 |
Sri Chakra Cement Ltd | 12.79 | 306.03 |
Darjeeling Ropeway Co Ltd | 27.9 | 281.15 |
VR Woodart Ltd | 21.8 | 277.16 |
Umiya Tubes Ltd | 28.25 | 242.84 |
Jalan Transolutions (India) Ltd | 14.15 | 221.59 |
Top Share Under 30 Rs In India Based On 5 Year Net Profit Margin
The table below shows the top share under 30 Rs in India based on a 5-year net profit margin.
Stock Name | Close Price (₹) | 5Y Avg Net Profit Margin (%) |
Sintex Plastics Technology Ltd | 1.06 | 23,819.84 |
Cindrella Financial Services Ltd | 13.75 | 122.45 |
Anjani Finance Ltd | 12.7 | 121.73 |
Triumph International Finance India Ltd | 6.11 | 89.68 |
Ashirwad Capital Ltd | 4.5 | 77.67 |
Hindusthan Udyog Ltd | 3.31 | 76.99 |
Sheraton Properties and Finance Ltd | 11.52 | 74.2 |
Speedage Commercials Ltd | 9.5 | 71.44 |
S V Trading and Agencies Ltd | 7.35 | 67.52 |
Swastik Safe Deposit and Investments Ltd | 11.73 | 58.85 |
Best Share Under 30 Rs Based On 1M Return
The table below shows the best share under 30 Rs based on a 1-month return.
Stock Name | Close Price (₹) | 1M Return (%) |
Triumph International Finance India Ltd | 6.11 | 61.16 |
Space Incubatrics Technologies Ltd | 2.14 | 59.12 |
Checkpoint Trends Ltd | 16.51 | 58.56 |
Jalan Transolutions (India) Ltd | 14.15 | 47.96 |
VR Woodart Ltd | 21.8 | 42.15 |
Yuvraaj Hygiene Products Ltd | 12 | 41.47 |
Shree Rama Newsprint Ltd | 26.62 | 41.21 |
Hem Holdings and Trading Ltd | 13.04 | 39.02 |
Glittek Granites Ltd | 3.61 | 38.85 |
Svarnim Trade Udyog Ltd | 28.63 | 37.91 |
High Dividend Yield Share Under 30 Rs In India
The table below shows the high dividend yield share under 30 Rs in India.
Stock Name | Close Price (₹) | Dividend Yield (%) |
Taparia Tools Ltd | 16.43 | 243.46 |
Southern Gas Ltd | 22.68 | 220.46 |
Coromandel Agro Products and Oils Ltd | 2.58 | 38.76 |
Varanium Cloud Ltd | 9.85 | 19.35 |
Standard Capital Markets Ltd | 0.65 | 12.14 |
Nirbhay Colours India Ltd | 0.9 | 10 |
Swastik Safe Deposit and Investments Ltd | 11.73 | 8.53 |
IL&FS Investment Managers Ltd | 9.59 | 7.27 |
Standard Industries Ltd | 19.9 | 5.28 |
Thinkink Picturez Ltd | 0.29 | 3.54 |
Historical Performance Of Best Share Under 30 Rs In India
The table below shows the historical performance of the best share under 30 Rs in India based on a 5-year CAGR.
Stock Name | Close Price (₹) | 5Y CAGR (%) |
Integrated Industries Ltd | 22.43 | 267.42 |
Global Capital Markets Ltd | 0.78 | 198.12 |
Pulsar International Ltd | 15.54 | 169.61 |
Harshil Agrotech Ltd | 5.2 | 153.11 |
Swiss Military Consumer Goods Ltd | 29.6 | 148.13 |
Arunjyoti Bio Ventures Ltd | 14.67 | 146.07 |
Annvrridhhi Ventures Ltd | 17.65 | 144.99 |
Blue Chip India Ltd | 6.98 | 133.76 |
IEL Ltd | 5.8 | 126.18 |
Rajnish Retail Ltd | 7.64 | 125.86 |
Factors To Consider When Investing In Share Under ₹30 India
The factor to consider when investing in shares under ₹30 in India is that these stocks are often highly volatile and speculative. Investors must carefully analyze the risks and opportunities before making any financial commitments.
- Company Fundamentals: Before investing, review the company’s financial health, revenue growth, debt levels, and profitability to ensure it has a solid foundation for future growth, even if its shares are priced low.
- Market Volatility: Shares under ₹30 tend to be highly volatile, with prices influenced by market sentiment, news, and speculation. Investors should be prepared for significant price fluctuations and manage risk accordingly.
- Liquidity: Low-priced stocks often have lower trading volumes, which can make buying or selling shares more challenging, especially during market downturns, potentially affecting an investor’s ability to exit positions.
- Growth Potential: While riskier, some of these stocks belong to emerging companies with strong growth prospects. Consider the industry and future potential of the company to determine whether it offers a long-term investment opportunity.
- Risk Tolerance: Investing in shares under ₹30 requires a high tolerance for risk. Assess your own financial situation and risk appetite before investing, as these stocks can result in both significant gains or losses.
How To Invest In Best Share Under 30 Rs?
Investing in top shares priced under 30 Rs can be a smart strategy for maximizing your portfolio’s potential. Start by researching companies with strong fundamentals and growth potential. Utilize platforms like Alice Blue to access detailed stock analysis and market insights. Create a diversified portfolio by selecting shares from various sectors while keeping an eye on market trends.
Impact Of Market Trends On Share Under 30 Rs
Market trends have a profound impact on shares priced under 30 Rs, as these stocks are often more volatile and sensitive to fluctuations in economic conditions. Positive market trends, such as economic growth or favorable sector developments, can drive up the value of these low-priced stocks significantly.
On the other hand, during market downturns or times of uncertainty, shares under 30 Rs are often the first to experience sharp declines, as investors tend to shift towards more stable, blue-chip stocks. These stocks may also struggle during periods of high inflation or rising interest rates.
Global events, such as geopolitical tensions or changes in international trade policies, can further impact these stocks, given their vulnerability to external factors. This makes careful market monitoring essential when investing in shares under 30 Rs.
How Share Under 30 Rs Stocks Perform in Economic Downturns?
These lower-priced stocks can often be more volatile and may react differently to economic challenges compared to their higher-priced counterparts. During tough economic times, the performance of these stocks can vary significantly.
While some might struggle due to weak investor sentiment and decreased consumer spending, others may present opportunities for growth or recovery as they adapt to the changing market conditions. Understanding these dynamics is crucial for investors looking to navigate turbulent times effectively.
Benefits Of Best Share Under 30 Rs
The primary benefit of investing in the best shares under 30 Rs is their affordability, allowing investors to acquire a significant number of shares with a small investment. These stocks offer potential high returns for those seeking growth opportunities.
- Low Entry Cost: Shares under 30 Rs provide an affordable entry point, enabling investors to build a diversified portfolio without requiring substantial capital, making them ideal for beginners or those with limited funds.
- High Growth Potential: Some of these shares belong to companies in their early stages, offering substantial growth potential if the company expands or improves, which can result in significant capital appreciation.
- Diversification Opportunity: With lower prices, investors can buy shares from multiple companies across different sectors, allowing them to spread risk and create a diversified portfolio without large upfront investments.
- Speculative Gains: For risk-tolerant investors, low-priced shares can generate quick speculative gains as market sentiment, news, or industry trends drive sharp price movements, providing short-term profit opportunities.
- Turnaround Possibilities: Some undervalued companies may experience a turnaround due to business restructuring or market conditions, leading to a significant rise in their stock prices, offering long-term benefits for patient investors.
Risks Of Investing In Share Under 30 Rs
The main risk of investing in shares under 30 Rs is their volatility and speculative nature. These stocks often belong to smaller or less established companies, making them more prone to market fluctuations and higher uncertainty.
- Low Liquidity: Many shares under 30 Rs have lower trading volumes, making it difficult to buy or sell large quantities without affecting the stock price, potentially limiting investors’ ability to exit positions quickly.
- Higher Volatility: These stocks are more sensitive to market swings, news, or rumors, leading to significant price fluctuations. Investors may face rapid losses if the market turns against them.
- Company Instability: Companies offering shares under 30 Rs may have weaker financials or face operational challenges, increasing the risk of business failure, bankruptcy, or poor stock performance in the long run.
- Limited Information: Smaller companies may not provide detailed or frequent financial disclosures, making it harder for investors to accurately assess their true value or financial health, increasing the risk of uninformed investment decisions.
- Speculative Nature: These shares often attract speculators, which can lead to sharp price movements driven by market sentiment rather than the company’s actual fundamentals, increasing the risk of loss for long-term investors.
Share Under 30 Rs GDP Contribution
Shares under 30 Rs, often representing smaller companies, contribute to India’s GDP by supporting niche industries, regional businesses, and emerging sectors. These companies, though smaller in size, create jobs, spur innovation, and contribute to economic growth, particularly in less-established markets or specialized industries.
While their contribution to GDP may not be as substantial as large-cap companies, these smaller firms play a vital role in the broader economic ecosystem. As they grow and expand, they can increase their impact on the economy through higher production, employment, and exports.
Who Should Invest In Share Under 30 Rs?
Investing in shares under 30 Rs is ideal for individuals looking for high-growth opportunities with a smaller capital investment. These stocks appeal to risk-tolerant investors who can handle market volatility and are seeking potential long-term gains from emerging or smaller companies.
- Risk-Tolerant Investors: Those willing to accept higher market volatility and risk can consider these shares, as they often provide opportunities for significant returns despite the potential for short-term price fluctuations.
- New Investors: Individuals starting with a small budget can invest in shares under 30 Rs to gain exposure to the stock market without requiring a large initial investment while learning about stock trading.
- Speculative Traders: Investors who seek short-term gains through speculative trading may find value in these stocks, which are often subject to rapid price movements based on news, sentiment, or market conditions.
FAQs – Best Share Under 30 Rs In India
These are stocks that trade at relatively low prices, making them accessible to a wide range of investors. Typically, these shares belong to smaller companies or those experiencing challenges, which can result in lower valuations. However, they may also represent hidden opportunities for significant growth if the company’s performance improves.
The Best Share Under ₹30 #1: Vodafone Idea Ltd
The Best Share Under ₹30 #2: Yes Bank Ltd
The Best Share Under ₹30 #3: Trident Ltd
The Best Share Under ₹30 #4: Jaiprakash Power Ventures Ltd
The Best Share Under ₹30 #5: Alok Industries Ltd
The top 5 stocks are based on market capitalization.
The top 5 shares under ₹30 in India based on one-year returns are Pasupati Fincap Ltd, Omansh Enterprises Ltd, IEC Education Ltd, Harshil Agrotech Ltd, and Mercury Trade Links Ltd.
Investing in shares under ₹30 can be a strategic move for budget-conscious investors. Begin by researching companies with solid fundamentals and growth potential. Use platforms like Alice Blue to access the stock market efficiently. Focus on sectors showing promise and monitor market trends closely. Diversifying your investments can also help mitigate risks while maximizing potential returns. Stay informed and invest wisely.
Investing in shares priced under ₹30 can be a double-edged sword. On one hand, these low-cost stocks might present opportunities for significant returns if the company experiences growth or improves its market position. They can also be more accessible for new investors, allowing them to acquire more shares for a lower total investment. On the flip side, shares in this price range may also come with higher risks, often linked to smaller or less established companies.
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change over time.