Top 10 Fundamentally Strong Stocks Under ₹100 in India — Top 20 List
Of the 739 companies priced under ₹100 in India on PositoAI, 46 pass all four tests (profit-making, return on equity of 15% or more, Owes vs Owns of 0.5 or less, no red or yellow flag). First on the list is String Metaverse Limited (Positivity Score 26,433). None of the top 10 has an active red or yellow flag.
A low share price does not make a stock cheap: what matters is the company's value compared with its earnings and assets (P/E, P/B). Very low-priced stocks are often small, thinly traded and more volatile. Prices are the last close.
| # | Company | Score | Price | Market Cap (INR Cr) |
P/E | P/B | Owes vs Owns |
ROE | Div Yield |
Flag | Sector |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | String Metaverse LimitedMETA | 26,433 | ₹6.81 | ₹830 | 10.2 | 2.51 | 0.03× | 29.0% | 0 | — | Technology |
| 2 | Veranda Learning Solutions LimitedVERANDA | 26,153 | ₹34.03 | ₹328 | 2.2 | 0.34 | 0.48× | 15.2% | 0 | — | Consumer Defensive |
| 3 | GK Energy LimitedGKENERGY | 25,831 | ₹95.92 | ₹1,945 | 8.3 | 2.19 | 0.32× | 26.3% | 0.44% | — | Utilities |
| 4 | Maestros Electronics & Telecommunications Systems LimitedMETSL | 25,268 | ₹76.45 | ₹84 | 11.4 | 2.00 | 0.35× | 17.6% | 0 | — | Healthcare |
| 5 | Xchanging Solutions LimitedXCHANGING | 25,239 | ₹57.04 | ₹635 | 10.4 | 1.60 | 0.24× | 15.3% | 3.33% | — | Technology |
| 6 | Shankar Lal Rampal Dye-Chem LimitedSRD | 25,215 | ₹37.82 | ₹241 | 13.1 | 1.97 | 0.22× | 15.1% | 0.14% | — | Basic Materials |
| 7 | Dev Information Technology LimitedDEVIT | 24,767 | ₹18.72 | ₹106 | 1.4 | 0.98 | 0.42× | 69.2% | 0.52% | — | Technology |
| 8 | MMTC LimitedMMTC | 24,415 | ₹52.06 | ₹7,809 | 17.5 | 3.68 | 0.24× | 21.1% | 0 | — | Industrials |
| 9 | Jonjua Overseas LimitedJONJUA | 24,351 | ₹2.81 | ₹9 | 1.2 | 0.19 | 0.39× | 15.6% | 0 | — | Industrials |
| 10 | International Conveyors LimitedINTLCONV | 24,322 | ₹76.89 | ₹490 | 3.6 | 1.16 | 0.25× | 32.0% | 0.65% | — | Industrials |
Top 20 | |||||||||||
| 11 | Goyal Aluminiums LimitedGOYALALUM | 24,304 | ₹5.62 | ₹80 | 17.0 | 3.16 | 0.45× | 18.8% | 0 | — | Basic Materials |
| 12 | California Software Company LimitedCALSOFT | 24,259 | ₹28.92 | ₹68 | 12.2 | 1.65 | 0.17× | 35.5% | 0 | — | Technology |
| 13 | Royal India Corporation LimitedROYALIND | 24,258 | ₹5.39 | ₹63 | 1.3 | 0.47 | 0.30× | 37.3% | 0 | — | Consumer Cyclical |
| 14 | Avio Smart Market Stack LimitedASMS | 24,223 | ₹5.54 | ₹168 | 26.4 | 4.94 | 0.50× | 18.3% | 0 | — | Technology |
| 15 | Radhika Jeweltech LimitedRADHIKAJWE | 24,094 | ₹61.39 | ₹724 | 9.1 | 1.82 | 0.17× | 20.0% | 0 | — | Consumer Cyclical |
| 16 | Vardhman Acrylics LimitedVARDHACRLC | 24,052 | ₹41.60 | ₹334 | 4.1 | 1.32 | 0.26× | 32.1% | 3.52% | — | Consumer Cyclical |
| 17 | Deep Polymers LimitedDEEP | 23,943 | ₹38.95 | ₹94 | 5.2 | 0.90 | 0.29× | 17.2% | 0 | — | Basic Materials |
| 18 | Viram Suvarn LimitedVSL | 23,915 | ₹9.86 | ₹111 | 11.3 | 1.76 | 0.03× | 15.8% | 0 | — | Consumer Cyclical |
| 19 | Shah Alloys LimitedSHAHALLOYS | 23,829 | ₹72.79 | ₹144 | 3.5 | 1.29 | 0.46× | 37.1% | 0 | — | Basic Materials |
| 20 | Orosil Smiths India LimitedOROSMITHS | 23,822 | ₹6.31 | ₹26 | 1.1 | 1.03 | 0.15× | 104.0% | 0 | — | Consumer Cyclical |
Fundamentally strong in other groups · India
Fundamentally strong in other countries
Questions
Which companies priced under ₹100 in India have strong fundamentals and the highest Positivity Score?
The first five on PositoAI's list are String Metaverse Limited (26,433), Veranda Learning Solutions Limited (26,153), GK Energy Limited (25,831), Maestros Electronics & Telecommunications Systems Limited (25,268), Xchanging Solutions Limited (25,239).
How many companies priced under ₹100 in India pass all four tests?
46 of the 739 companies priced under ₹100 in India on PositoAI pass all four tests (profit-making, return on equity of 15% or more, Owes vs Owns of 0.5 or less, no red or yellow flag); this page shows the top 20.
How is this list made?
Companies that pass four tests: they make a profit, their return on equity is 15% or more, their Owes vs Owns is 0.5 or less, and they have no active red or yellow flag. Banks and lenders are left out. The list is ordered by Positivity Score, highest first. The list is updated every day from PositoAI's data.
Is a low share price a good sign?
A low share price does not make a stock cheap: what matters is the company's value compared with its earnings and assets (P/E, P/B). Very low-priced stocks are often small, thinly traded and more volatile.
Companies that pass four tests: they make a profit, their return on equity is 15% or more, their Owes vs Owns is 0.5 or less, and they have no active red or yellow flag. Banks and lenders are left out. The list is ordered by Positivity Score, highest first. Score is the Positivity Score; Owes vs Owns is everything a company owes compared with everything it owns (what each figure means); ⚑ marks an active red or yellow flag. All low price lists for India. PositoAI is for research and education only and is not investment advice.