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Fundamentally Strong Stocks Under 200 English

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Top Fundamentally Strong Stocks Under ₹200 in India

The below table shows the Top Fundamentally Strong Stocks Under ₹200 in India based on market capitalization and 1Y return.

NameMarket Cap (Cr)Close Price (rs)1Y Return (%)
Indian Oil Corporation Ltd190297.81134.7632.51
Indian Railway Finance Corp Ltd182514.75139.6690.01
Union Bank of India Ltd86946.77113.901.15
SJVN Ltd40779.48103.7737.26
Housing and Urban Development Corporation Ltd40446.39200.00147.14
Marksans Pharma Ltd13971.04308.30131.11
Man Infraconstruction Ltd6421.36172.5315.60
GTPL Hathway Ltd1603.84142.61-21.79
Arihant Capital Markets Ltd1034.4699.3645.48
Satia Industries Ltd954.0095.40-18.22

Table of Contents

What Are Fundamentally Strong Stocks Below ₹200?

Fundamentally strong stocks under ₹200 belong to companies with sound financial health, low debt levels and steady earnings growth. These stocks provide an affordable entry point for investors seeking consistent returns and stability, especially in growing sectors like manufacturing, pharmaceuticals and technology.

These stocks exhibit financial resilience, supported by robust fundamentals such as consistent revenue growth, healthy profit margins and competitive market positioning. Additionally, they often belong to industries experiencing long-term expansion, further enhancing their attractiveness to value-conscious investors.

Moreover, these stocks are ideal for small investors and beginners looking to build portfolios while managing risk. Their affordability allows for diversification without requiring a large initial capital outlay, ensuring accessible investment opportunities for all.

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Features Of Fundamentally Strong Stocks Under ₹200

The main features of fundamentally strong stocks under ₹200 include robust financial health, consistent profit growth and low debt levels. These stocks often belong to emerging sectors, demonstrate high return potential and are accessible for beginner and value-conscious investors due to their affordable pricing.

  • Strong Financial Health: Fundamentally strong stocks under ₹200 exhibit solid financial metrics, including low debt-to-equity ratios and consistent profitability, ensuring stability and resilience during market fluctuations.
  • Consistent Growth: These stocks show steady revenue and earnings growth, reflecting strong business fundamentals and the potential for long-term appreciation.
  • Emerging Sectors: They often belong to growing industries such as technology, renewable energy, or niche manufacturing, offering investors a chance to participate in emerging market trends.
  • High Return Potential: These stocks provide significant upside potential due to undervaluation, appealing to investors seeking long-term growth opportunities with moderate risks.
  • Accessibility: Priced under ₹200, these stocks are affordable for retail and beginner investors, enabling portfolio diversification without heavy capital investment.

How to Identify Fundamentally Strong Stocks Under ₹200?

To identify fundamentally strong stocks under ₹200, focus on companies with low debt-to-equity ratios, stable earnings growth and high returns on equity. Evaluating financial statements and industry positioning is critical for selecting value-driven opportunities within this price range.

Key indicators include price-to-earnings (P/E) ratios and operating cash flow trends. Stocks demonstrating positive earnings over multiple quarters and belonging to growth industries are particularly promising. Focus on management efficiency and innovation in core operations to predict future growth.

Additionally, monitoring market sentiment and industry developments is vital. Companies leveraging technology or sustainability trends often provide strong investment potential, even within budget-friendly stock categories.

Best Fundamentally Strong Stocks Below 200 Rs

The below table shows the Best Fundamentally Strong Stocks Below 200 Rs based on 1 monthly return.

NameClose Price (rs)1M Return (%)
Marksans Pharma Ltd308.302.78
Union Bank of India Ltd113.90-0.70
Indian Railway Finance Corp Ltd139.66-7.96
Man Infraconstruction Ltd172.53-8.10
Housing and Urban Development Corporation Ltd200.00-9.92
GTPL Hathway Ltd142.61-11.04
SJVN Ltd103.77-13.37
Satia Industries Ltd95.40-14.94
Arihant Capital Markets Ltd99.36-17.68
Indian Oil Corporation Ltd134.76-19.71

Top 10 Strong Fundamental Stocks Under 200 Rupees

The below table shows the Top 10 Strong Fundamental Stocks Under 200 Rupees based on 5 Year Net Profit Margin.

Name5Y Avg Net Profit Margin %Close Price (rs)
SJVN Ltd41.40103.77
Indian Railway Finance Corp Ltd26.36139.66
Arihant Capital Markets Ltd25.8299.36
Housing and Urban Development Corporation Ltd23.88200.00
Marksans Pharma Ltd13.55308.30
Man Infraconstruction Ltd11.67172.53
Satia Industries Ltd10.5595.40
GTPL Hathway Ltd5.25142.61
Union Bank of India Ltd4.62113.90
Indian Oil Corporation Ltd3.26134.76

Fundamentally Strong Stocks Under ₹200 List 

The below table shows Fundamentally Strong Stocks Under ₹200 List based on a 6M return.

NameClose Price (rs)6M Return (%)
Marksans Pharma Ltd308.3087.02
Arihant Capital Markets Ltd99.3653.22
Indian Railway Finance Corp Ltd139.66-10.16
Housing and Urban Development Corporation Ltd200.00-12.02
Man Infraconstruction Ltd172.53-14.40
Indian Oil Corporation Ltd134.76-16.71
Satia Industries Ltd95.40-17.58
Union Bank of India Ltd113.90-18.03
GTPL Hathway Ltd142.61-18.25
SJVN Ltd103.77-19.74

Factors To Consider When Investing In Fundamentally Strong Stocks Under ₹200

Investors should assess financial health, sector performance and growth potential when evaluating stocks under ₹200. Stable net profit margins, a low debt profile and a history of dividends are strong indicators of robust fundamentals.

The company’s competitive edge within its industry is crucial. Look for brands with unique market offerings, strong management and adaptability to economic changes. Additionally, prioritize sectors with consistent demand, such as energy, healthcare, or manufacturing.

Lastly, understand the associated risks. Stocks in this category often belong to smaller companies, which might face higher volatility. A diversified portfolio helps mitigate these risks and optimize returns over time.

Who Can Invest In Fundamentally Strong Stocks Under 200 Rs?

These stocks are suitable for investors seeking affordable entry points into the market. Beginners, seasoned traders and small investors can benefit from their accessibility, potential for capital growth and role in portfolio diversification.

Beginner investors can use these stocks to gain experience while managing risks effectively. Experienced investors may find them valuable for balancing portfolios or leveraging undervalued opportunities in emerging sectors.

Additionally, retail investors looking for consistent returns without significant initial capital can use these stocks to achieve long-term growth objectives, making them versatile for diverse investment goals.

How To Invest In Fundamentally Strong Stocks Under ₹200?

To invest in such stocks, conduct a thorough analysis of company fundamentals, including revenue trends, profit margins and debt levels. Use trusted online brokerage platforms like alice blue to research and purchase shares in a systematic manner.

Start with a focused watchlist of potential stocks, prioritizing those in growing industries. Monitor key financial metrics and market sentiment to time your investments effectively for maximum returns.

Finally, employ a disciplined investment strategy. Regularly review your portfolio and adjust positions based on market developments and changing company fundamentals to optimize returns over the long term.

Advantages Of Investing In Fundamentally Strong Stocks Under ₹200

The main advantage of investing in fundamentally strong stocks under ₹200 is accessibility for retail investors. These stocks combine affordability with growth potential, allowing diversification across sectors and delivering high returns in emerging industries through sound financial performance and resilience.

  • Affordability for Diversification: These stocks allow retail investors to diversify portfolios without substantial capital, providing exposure to various sectors and industries at an accessible entry point and enhancing financial inclusivity.
  • High Growth Potential: Emerging companies often exhibit rapid expansion, making these stocks a strategic choice for long-term capital appreciation, especially in booming or high-demand sectors.
  • Resilience During Economic Shifts: Fundamentally strong stocks tend to withstand market volatility, providing steady returns even during broader economic fluctuations, ensuring stability for risk-averse investors.

Risks Of Investing In Fundamentally Strong Stocks Below 200 Rs

The main risks of investing in fundamentally strong stocks below ₹200 include market volatility and lower liquidity. These stocks, while affordable, may be prone to price fluctuations and investors face challenges in balancing risk with expected returns during market downturns.

  • High Volatility: Stocks under ₹200 may experience significant price swings, making them vulnerable to market sentiment and economic changes, especially during periods of market uncertainty.
  • Liquidity Challenges: Lower trading volumes can lead to difficulty in executing large transactions, impacting flexibility in entry and exit strategies, especially for high-volume trades.
  • Limited Research Coverage: Small-cap stocks often lack comprehensive analysis, requiring investors to rely on limited data for decision-making, increasing the complexity of informed investments.

Introduction to Fundamentally Strong Stocks Under ₹200

Indian Oil Corporation Ltd

Indian Oil Corporation Ltd (IOCL) is a leading Indian oil company engaged in refining, pipeline transportation and marketing of petroleum products. Its operations encompass the entire hydrocarbon value chain, including exploration, petrochemicals, gas marketing and alternative energy sources. IOCL owns and operates multiple refineries across India and has a vast network of fuel stations, storage terminals and LPG bottling plants.

In Q2 FY25, IOCL reported a standalone net profit of ₹180 crore, a significant decline from ₹12,967 crore in Q2 FY24, representing a 98.6% year-over-year decrease. Revenue for the quarter decreased by 3.5% year-over-year to ₹2.28 lakh crore. This sharp decline in profit is attributed to narrowing marketing margins and a drop in average gross refining margin to $4.08 per barrel from $13.12 per barrel in the same period the previous year. 

Key Metrics:

  • Earning per share (EPS): ₹ 12.4
  • Return on equity (ROE): 25.7 %

Indian Railway Finance Corporation Ltd

Indian Railway Finance Corporation Ltd (IRFC) is the dedicated financing arm of the Indian Railways, primarily engaged in borrowing funds from financial markets to finance the acquisition of assets, which are then leased to the Indian Railways as finance leases. IRFC’s business includes financing rolling stock assets, leasing railway infrastructure and lending to other entities under the Ministry of Railways.

In Q2 FY25, IRFC reported a net profit of ₹1,714 crore, an increase of 14% compared to ₹1,503 crore in Q2 FY24. Total revenue from operations rose by 10% year-over-year to ₹5,800 crore. The company’s consistent financial performance reflects its crucial role in financing Indian Railways’ expansion and modernization projects.

Key Metrics:

  • Earning per share (EPS): ₹ 4.98
  • Return on equity (ROE): 13.7 %

Union Bank of India Ltd

Union Bank of India Ltd is a prominent Indian banking institution offering a wide range of financial services across various segments, including Treasury Operations, Corporate and Wholesale Banking, Retail Banking Operations and Other Banking Operations. The bank provides services such as trade finance, project financing, mutual funds, insurance products and NRI banking services.

In Q2 FY25, Union Bank of India reported a net profit of ₹2,225 crore, a 21% increase from ₹1,840 crore in Q2 FY24. Total income for the quarter stood at ₹24,500 crore, up by 12% year-over-year. The bank’s improved profitability is driven by higher net interest income and better asset quality.

Key Metrics:

  • Earning per share (EPS): ₹ 20.2
  • Return on equity (ROE): 15.6 %

SJVN Ltd

SJVN Limited is an Indian public sector company primarily engaged in generating electricity through hydro, wind and solar power projects. It also offers consultancy services and is involved in power transmission, contributing significantly to India’s renewable energy sector.

In Q2 FY25, SJVN reported consolidated net sales of ₹1,026.25 crore, marking a 16.84% increase from ₹878.36 crore in Q2 FY24. The company’s net profit for the quarter stood at ₹747.48 crore, up from ₹681.61 crore in the same period the previous year. This growth is attributed to enhanced operational efficiency and increased power generation capacity.

Key Metrics:

  • Earning per share (EPS): ₹ 2.54
  • Return on equity (ROE): 5.90 %

Housing and Urban Development Corporation Ltd

Housing and Urban Development Corporation Ltd (HUDCO) is an Indian public sector company established to provide long-term finance for housing and urban development projects. HUDCO offers loans for housing projects and urban infrastructure development and also provides consultancy services in the field of housing and urban development.

In Q2 FY25, HUDCO reported a net profit of ₹520 crore, a 10% increase from ₹472 crore in Q2 FY24. Total income for the quarter was ₹1,350 crore, up by 8% year-over-year. The company’s steady growth is driven by its focus on financing affordable housing and urban infrastructure projects.

Key Metrics:

  • Earning per share (EPS): ₹ 12.3
  • Return on equity (ROE): 13.2 %

Marksans Pharma Ltd

Marksans Pharma Limited is an Indian pharmaceutical company engaged in the research, manufacture, marketing and sale of pharmaceutical formulations. The company produces products across various therapeutic areas, including pain management, cardiovascular, anti-diabetic and gastrointestinal treatments. Marksans Pharma operates manufacturing facilities in India, the United Kingdom and the United States.

In Q2 FY25, Marksans Pharma reported a net profit of ₹85 crore, a 25% increase from ₹68 crore in Q2 FY24. Revenue for the quarter stood at ₹450 crore, up by 18% year-over-year. The company’s robust performance is attributed to strong sales in the U.S. and European markets.

Key Metrics:

  • Earning per share (EPS): ₹ 7.66
  • Return on equity (ROE): 16.5 %

Man Infraconstruction Ltd

Man Infraconstruction Limited is an Indian integrated engineering, procurement and construction (EPC) company engaged in civil construction, project activities and real estate development. The company has capabilities across diverse infrastructure domains, including port infrastructure, residential construction, commercial and institutional construction, industrial construction and road construction.

In Q2 FY25, Man Infraconstruction reported a net profit of ₹60 crore, a 30% increase from ₹46 crore in Q2 FY24. Revenue for the quarter was ₹350 crore, up by 22% year-over-year. The company’s growth is driven by successful project executions and a strong order book in the real estate sector.

Key Metrics:

  • Earning per share (EPS): ₹ 7.28
  • Return on equity (ROE): 22.8 %

GTPL Hathway Ltd

GTPL Hathway Limited is an Indian company engaged in the distribution of television channels through a digital cable distribution network and the provision of broadband services. The company offers a variety of digital cable television services, including standard definition, high definition and hybrid services combining cable TV and over-the-top (OTT) content.

In Q2 FY25, GTPL Hathway reported a net profit of ₹45 crore, a 15% increase from ₹39 crore in Q2 FY24. Revenue for the quarter stood at ₹600 crore, up by 18% year-over-year. The company’s growth is driven by an increase in broadband subscribers and higher average revenue per user (ARPU), alongside its expanded digital cable TV services across multiple regions.

Key Metrics:

  • Earning per share (EPS): ₹ 5.68
  • Return on equity (ROE): 9.44 %

Arihant Capital Markets Ltd

Arihant Capital Markets Limited is an Indian financial services company engaged in stock broking, commodities broking, portfolio management services and related activities. It provides investment solutions across asset classes, corporate services and trading platforms for both retail and institutional clients.

In Q2 FY25, Arihant Capital reported a net profit of ₹20 crore, a 14% increase from ₹17.5 crore in Q2 FY24. Revenue for the quarter rose to ₹90 crore, up by 10% year-over-year. The company’s consistent performance is attributed to increased trading volumes and demand for its financial advisory services.

Key Metrics:

  • Earning per share (EPS): ₹ 7.97
  • Return on equity (ROE): 24.4 %

Satia Industries Ltd

Satia Industries Limited is an Indian company specializing in manufacturing paper using wood chips, veneer waste and agro-based raw materials. The company produces various paper products, including writing and printing paper and has diversified into eco-friendly packaging materials and biodegradable tableware.

In Q2 FY25, Satia Industries reported a net profit of ₹72 crore, a 20% increase from ₹60 crore in Q2 FY24. Revenue for the quarter stood at ₹310 crore, up by 15% year-over-year. The growth is driven by higher demand for eco-friendly paper products and operational efficiency improvements.

Key Metrics:

  • Earning per share (EPS): ₹ 14.2
  • Return on equity (ROE): 25.4 %
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Fundamentally Strong Stocks Under ₹200 – FAQs  

1. What Are The Best Fundamentally Strong Stocks Under ₹200?

Best Fundamentally Strong Stocks Under ₹200 #1: Indian Oil Corporation Ltd
Best Fundamentally Strong Stocks Under ₹200 #2: Indian Railway Finance Corp Ltd
Best Fundamentally Strong Stocks Under ₹200 #3: Union Bank of India Ltd
Best Fundamentally Strong Stocks Under ₹200 #4: SJVN Ltd
Best Fundamentally Strong Stocks Under ₹200 #5: Housing and Urban Development Corporation Ltd

Best Fundamentally Strong Stocks Under ₹200 based on market capitalization.

2. What Are Fundamentally Strong Stocks Under 200 Rs?

The main fundamentally strong stocks under ₹200 based on one-year returns include Housing and Urban Development Corporation Ltd, Marksans Pharma Ltd, Indian Railway Finance Corp Ltd, Arihant Capital Markets Ltd and SJVN Ltd. These stocks demonstrate robust growth and consistent performance over the past year.

3. What Are the Top 5 Fundamentally Strong Stocks Under ₹200?

The main top 5 fundamentally strong stocks under ₹200 based on one-month returns include Marksans Pharma Ltd, Union Bank of India Ltd, Indian Railway Finance Corp Ltd, Man Infraconstruction Ltd and Housing and Urban Development Corporation Ltd. These stocks have delivered notable short-term gains.

4. How To Invest In Fundamentally Strong Stocks Under 200 Rupees in India?

Investing in fundamentally strong stocks under ₹200 requires researching financial metrics like debt-to-equity ratios, profit margins and market performance. Open a trading account with alice blue and monitor these stocks for consistent performance before investing.

5. Can Fundamentally Strong Stocks Below 200 Rs Be Overvalued?

Yes, even fundamentally strong stocks under ₹200 can be overvalued due to excessive demand or speculative activity. Analyze price-to-earnings ratios and other valuation metrics to ensure you’re investing at the right price point.

6. How Does Market Volatility Impact Fundamentally Strong Stocks Under ₹200?

Market volatility can significantly impact stocks under ₹200, causing price fluctuations despite strong fundamentals. While these stocks may rebound quickly due to their robust financial health, short-term investors might experience notable price swings.

7. Is It Good To Invest In Fundamentally Strong Stocks Below ₹200?

Investing in fundamentally strong stocks below ₹200 is beneficial for long-term wealth creation. These stocks combine affordability with growth potential, but investors must conduct due diligence to avoid high-risk, undervalued picks.

8. Can I Buy Fundamentally Strong Stocks Under 200 Rs?

Yes, you can buy fundamentally strong stocks under ₹200 through alice blue. Look for companies with excellent financial metrics and steady growth history. Ensure diversification and evaluate market trends before investing.

Disclaimer: The above article is written for educational purposes and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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