Introduction:
Financially strong stocks under ₹100 stand out with consistent revenue growth, healthy profits, and robust ROE and ROCE, indicating efficient capital utilisation and operational success. A low debt-to-equity ratio further highlights their financial discipline and stability.
Below are some stocks under ₹100 that are trading at a discount of up to 32%. These companies have solid fundamentals and are worth keeping an eye on for potential investment opportunities.
Also Read: Realty stock in focus after it announces 1,000% YoY sales growth in Q3
Motherson Sumi Wiring India Ltd
On January 06, Motherson Sumi Wiring India Ltd (BSE: MSUMI) opened at ₹59.50, reached a high of ₹59.77, and a low of ₹57.40, closing at ₹58.12, down by 2.25%. The company’s market capitalisation is ₹25,695.48 crore.
Motherson Sumi Wiring India Ltd is currently trading at a discount of approximately 27.35% from its 52-week high of ₹80.00, with today’s closing price at ₹58.12. This discount presents a potential opportunity for investors.
Motherson Sumi Wiring India Ltd has a strong ROE of 42.45% and a high ROCE of 47.96%, showcasing efficient capital utilisation. With a low debt-to-equity ratio of 0.17, the company effectively manages leverage. These figures highlight its solid financial performance.
Motherson Sumi Wiring India Ltd specialises in manufacturing automotive wiring harnesses and components. The company provides a range of products that support the global automotive industry, including electrical systems and connectors.
Navigant Corporate Advisors Ltd
On January 06, Navigant Corporate Advisors Ltd (BSE: NAVIGANT) opened at ₹51.08, reaching a high and low of ₹51.08, closing at ₹51.08, up by 4.99%. The company’s market capitalisation is ₹16.10 crore.
Navigant Corporate Advisors Ltd is trading at a discount of approximately 11.69% from its 52-week high of ₹57.84, with today’s closing price at ₹51.08. This discount offers an attractive entry point for market watchers.
Navigant Corporate Advisors Ltd reports an ROE of 12.40% and an ROCE of 17.64%, reflecting moderate profitability. The company is almost debt-free, demonstrating a disciplined approach to financing. This indicates financial stability and a low-risk structure.
Navigant Corporate Advisors Ltd offers financial consulting and advisory services, focusing on strategic business development, mergers, acquisitions, and corporate restructuring. The company assists clients in making informed decisions to drive growth and profitability.
Also Read: Semiconductor stock hits 5% upper circuit after it appoints new business development advisor
Balmer Lawrie Investments Ltd
On January 06, Balmer Lawrie Investments Ltd (BSE: BLIL) opened at ₹74.00, reached a high of ₹76.50, and a low of ₹72.55, closing at ₹73.42, down by 4.25%. The company’s market capitalisation is ₹1,629.72 crore.
Balmer Lawrie Investments Ltd is trading at a discount of approximately 31.96% from its 52-week high of ₹107.90, with today’s closing price at ₹73.42. This significant discount could be a potential opportunity for future growth.
Balmer Lawrie Investments Ltd shows an ROE of 14.22% and an ROCE of 17.81%, indicating healthy returns. With a debt-to-equity ratio of 0.10, the company maintains low leverage. These metrics highlight its strong financial management and stability.
Balmer Lawrie Investments Ltd is engaged in diverse business segments, including manufacturing, logistics, and financial services. The company focuses on investment management, providing solutions for various sectors.
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.