Prime Shares underneath Rs 200 so as to add to your watchlist

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Prime Shares Beneath Rs 200: A Crimson Bull power drink prices slightly below Rs. 200. and So does a Chai at Chaayos. However do you know you can too personal good shares underneath Rs. 200. There are various choices to select from small-cap, mid-cap and even large-cap. It’s possible you’ll be a novice investor hoping to purchase low-quotation shares or a dealer in search of income on quantity. These shares underneath Rs. 200 might be helpful for you.

Although the investor urge for food for such essentially robust shares is big, the supply is briefly provide. A fast run on Screener fetches some 2,900 corporations buying and selling out there with a share worth of lower than Rs. 200 per share. How do you go about selecting worthwhile corporations amongst this huge pool? What filters to make use of: income progress, profitability, debt to fairness ratio or what else? 

On this article, we carry to you Prime Shares Beneath Rs 200. So with out additional ado, allow us to bounce in.

Prime Shares Beneath Rs 200

Allow us to have a look at the 5 prime shares underneath Rs 200 intimately.

Prime Shares Beneath Rs 200 #1 – GMDC Ltd

GMDC Cover Image
Share Value (Rs.) 177 Market Cap (Rs. Cr.) 5,650
EPS (Rs.) 22.4 Ebook Worth (Rs.) 150
Inventory P/E 7.9 Value to Ebook 1.2
Face Worth (Rs.) 2.0 Dividend Yield 0.12%
ROCE 16.8% ROE  9.2%
Debt to Fairness 0.0 Promoter Holding  74.0%

Based in 1963, Gujarat Mineral Improvement Company (GMDC) Ltd. is a number one state-owned mining and mineral processing firm. Based mostly out of Ahmedabad, additionally it is India’s second-largest lignite-producing firm.

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GMDC has no debt and was ranked 132nd on India’s Fortune 500 Corporations listing in 2017. It’s amongst the highest 5 Indian entities by market capitalization within the mining sector. 

The corporate is concerned within the exploration of Manganese, Silica Sand, Bauxite, Lignite, Ball Clay, Limestone, and different minerals. These minerals discover their makes use of in a wide range of industries: glass making, ceramics, chemical compounds, water therapy, oil drilling and extra.

Along with this, GMDC has a big presence within the power sector. It has a large portfolio of thermal energy initiatives and in addition renewable power initiatives (wind and solar energy each). 

On the again of robust earnings progress, its inventory worth has rallied 190% within the final 12 months giving a multi-bagger return to its buyers.

Prime Shares Beneath Rs 200 #2 – EPL Ltd

EPL Cover Image
Share Value (Rs.) 167 Market Cap (Rs. Cr.) 5,300
EPS (Rs.) 6.01 Ebook Worth (Rs.) 57.8
Inventory P/E 27.7 Value to Ebook 2.9
Face Worth (Rs.) 2.0 Dividend Yield 2.6%
ROCE 13.4% ROE  12.2%
Debt to Fairness 0.4 Promoter Holding  51.9%

Owned by the Blackstone Group, EPL is the world’s largest speciality packaging firm. The worldwide asset supervisor bought the corporate from Essel Group of Corporations in August 2019. Later in mid-2020, Blackstone trimmed virtually ⅓ of its stake to 51.91%.

EPL producers laminated plastic tubes and dishing out techniques. These merchandise discover their utility in oral care, magnificence & cosmetics, prescription drugs & healthcare, and meals & house care segments. 

EPL has 20 crops unfold throughout 12 international locations all over the world producing 8 billion tubes yearly for its 1200 shoppers. It has robust relationships with reputed MNCs and Indian corporations equivalent to P&G, Colgate, Unilever, GSK, Reckitt Benckiser, Johnson & Johnson, Dabur, Emami, Himalaya, Patanjali, and extra.

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Although the corporate has reported income constantly, its share worth has declined greater than 37% since its IPO in October 2020. It has low debt and the inventory provides a very good dividend yield of over 2.5%.

Prime Shares Beneath Rs 200 #3 – Ashok Leyland Ltd

Top Stocks Under Rs 200 - Ashok leyland
Share Value (Rs.) 149 Market Cap (Rs. Cr.) 44,000
EPS (Rs.) -0.27 Ebook Worth (Rs.) 24.9
Inventory P/E 574 Value to Ebook 6.0
Face Worth (Rs.) 1.0 Dividend Yield 0.67%
ROCE 6.25% ROE 1.68%
Debt to Fairness 3.3 Promoter Holding 51.5%

Ashok Leyland was based as Ashok Motors in 1948. It’s owned by Hinduja Group and is India’s second-largest business car producer, the fourth largest producer of buses on this planet and the nineteenth largest producer of vans globally.

This Chennai-headquartered firm has a worldwide footprint with 7 manufacturing services in India and a couple of abroad. It has a well-diversified portfolio throughout the car trade producing heavy business automobiles, mild business automobiles, engines, and even defence automobiles.

Ashok Leyland has additionally emerged as a frontrunner within the EV house with its EV arm Swap Mobility. It has modified its numerous fashions into electrical automobiles. Not too long ago Swap Mobility unveiled India’s first double-decker EV bus. It would substitute your complete fleet of 200 double-decker buses in Mumbai. 

Nonetheless, Ashok Leyland reported losses within the final two fiscal years due to the heavy curiosity it needed to pay on its debt. Optimistically, the rebound within the auto-cycle might lead to a beneficial change within the fortunes of the debt-laden auto-maker.

Prime Shares Beneath Rs 200 #4 – IEX

Top Stocks Under Rs 200 - IEX
Share Value (Rs.) 160 Market Cap (Rs. Cr.) 14,500
EPS (Rs.) 3.42 Ebook Worth (Rs.) 7.67
Inventory P/E 46.7 Value to Ebook 20.8
Face Worth (Rs.) 1.0 Dividend Yield 1.3%
ROCE 63.3% ROE 48.6%
Debt to Fairness 0.0 Promoter Holding 0.0%

Indian Vitality Trade (IEX) was promoted by 63 Moon Applied sciences and Energy Buying and selling Company of India in June 2008. It’s an digital system-based energy buying and selling alternate regulated by Central Electrical energy Regulatory Fee.

It has turn into India’s premier power market by offering an automatic buying and selling platform for the bodily supply of electrical energy, renewables, and certificates. Not solely this, IEX additionally pioneered cross-border electrical energy commerce.

In the present day it has a community of 6,800+ individuals unfold throughout India comprising greater than 500 distribution utilities and over 500 standard turbines. Along with this, the ability alternate has upwards of 4,400 business and industrial prospects.

Its revenues and income have constantly grown through the years. The corporate is debt free and has maintained a excessive dividend payout ratio of greater than 55% within the final two years.

Prime Shares Beneath Rs 200 #5 – Oil India Ltd

Top Stocks Under Rs 200 - Oil India
Share Value (Rs.) 192 Market Cap (Rs. Cr.) 21,000
EPS (Rs.) 68 Ebook Worth (Rs.) 282
Inventory P/E 2.86 Value to Ebook 0.69
Face Worth (Rs.) 10.0 Dividend Yield 4.82%
ROCE 22.0% ROE 20.7%
Debt to Fairness 0.55 Promoter Holding 56.7%

Oil India Ltd. (OIL) is a Navratna standing firm which was integrated on 18th February 1959. It comes underneath the Ministry of Petroleum and Pure Fuel and is the nation’s second-largest nationwide oil and gasoline firm.

It has a large presence throughout your complete worth chain within the hydrocarbon house. It owns and runs a wide range of services for exploration, drilling, oil & gasoline area growth, manufacturing, and transportation making it an built-in E&P firm. 

Not too long ago the corporate additionally made a foray into the town gasoline distribution initiatives in an try and diversify its non-E&P power worth chain. Along with this, OIL has taken forward-looking steps by investing in renewable & alternate power by putting in photo voltaic and wind initiatives.

Barring 2021, its internet revenue and gross sales have constantly elevated over the past 6 years. The inventory provides a high-dividend yield of 4.85% at a really low P/E of two.81 solely.

Key Metrics

We lined prime shares underneath Rs 200 intimately above. The listing beneath lists extra such corporations with share costs lower than Rs. 200.

Firm Title Business Share Value (Rs.) Market Cap (Rs. Cr.)
Indus Towers Telecommunication 198 53,500
Mahindra & Mahindra Monetary Providers Monetary Providers 197 24,500
KIOCL Metals 192 11,500
Oil India Oil & Fuel 191 21,000
Devyani Worldwide Hospitality 188 22,500
Metropolis Union Financial institution Monetary Providers 178 13,000
Indian Financial institution Monetary Providers 178 22,500
Gujarat Mineral Improvement Company Mining 177 5,600
EPL Packaging 167 5,300
Sterlite Applied sciences Telecommunication 167 6,500
Gujarat State Fertilizers & Chemical compounds Fertilizers & Chemical compounds 165 6,500
NTPC Energy 161 156,000
Indian Vitality Trade Buying and selling 160 14,500
Exide Industries Battery 158 13,500
Ashok Leyland Vehicle 149 44,000

In Conclusion

On this article, we lined Prime Shares Beneath Rs 200. Whereas it’s good to have an concept of the inventory costs of various corporations, it’s not advisable to choose shares solely on the idea of their worth. An investor ought to have a holistic view.

As a retail investor, what funding method do you comply with? Do you like small-cap corporations, mid-cap or large-cap or maintain a stability between them? How about you tell us within the feedback beneath?

Now you can get the newest updates within the inventory market on Commerce Brains Information and you may even use our Commerce Brains Portal for elementary evaluation of your favorite shares.

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