Top 10 Fundamentally Strong Stocks Under ₹50 in India — Top 20 List
Of the 477 companies priced under ₹50 in India on PositoAI, 29 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 | Shankar Lal Rampal Dye-Chem LimitedSRD | 25,215 | ₹37.82 | ₹241 | 13.1 | 1.97 | 0.22× | 15.1% | 0.14% | — | Basic Materials |
| 4 | Dev Information Technology LimitedDEVIT | 24,767 | ₹18.72 | ₹106 | 1.4 | 0.98 | 0.42× | 69.2% | 0.52% | — | Technology |
| 5 | Jonjua Overseas LimitedJONJUA | 24,351 | ₹2.81 | ₹9 | 1.2 | 0.19 | 0.39× | 15.6% | 0 | — | Industrials |
| 6 | Goyal Aluminiums LimitedGOYALALUM | 24,304 | ₹5.62 | ₹80 | 17.0 | 3.16 | 0.45× | 18.8% | 0 | — | Basic Materials |
| 7 | California Software Company LimitedCALSOFT | 24,259 | ₹28.92 | ₹68 | 12.2 | 1.65 | 0.17× | 35.5% | 0 | — | Technology |
| 8 | Royal India Corporation LimitedROYALIND | 24,258 | ₹5.39 | ₹63 | 1.3 | 0.47 | 0.30× | 37.3% | 0 | — | Consumer Cyclical |
| 9 | Avio Smart Market Stack LimitedASMS | 24,223 | ₹5.54 | ₹168 | 26.4 | 4.94 | 0.50× | 18.3% | 0 | — | Technology |
| 10 | Vardhman Acrylics LimitedVARDHACRLC | 24,052 | ₹41.60 | ₹334 | 4.1 | 1.32 | 0.26× | 32.1% | 3.52% | — | Consumer Cyclical |
Top 20 | |||||||||||
| 11 | Deep Polymers LimitedDEEP | 23,943 | ₹38.95 | ₹94 | 5.2 | 0.90 | 0.29× | 17.2% | 0 | — | Basic Materials |
| 12 | Viram Suvarn LimitedVSL | 23,915 | ₹9.86 | ₹111 | 11.3 | 1.76 | 0.03× | 15.8% | 0 | — | Consumer Cyclical |
| 13 | Orosil Smiths India LimitedOROSMITHS | 23,822 | ₹6.31 | ₹26 | 1.1 | 1.03 | 0.15× | 104.0% | 0 | — | Consumer Cyclical |
| 14 | Lancor Holdings LimitedLANCORHOL | 23,679 | ₹29.04 | ₹213 | 3.7 | 0.89 | 0.44× | 24.1% | 0.69% | — | Real Estate |
| 15 | Shekhawati Industries LimitedSHEKHAWATI | 23,462 | ₹22.00 | ₹75 | 6.1 | 3.45 | 0.31× | 56.1% | 0 | — | Consumer Cyclical |
| 16 | DRC Systems India LimitedDRCSYSTEMS | 23,281 | ₹11.34 | ₹163 | 7.7 | 1.45 | 0.27× | 18.9% | 0 | — | Technology |
| 17 | Sigma Solve LimitedSIGMA | 22,718 | ₹42.66 | ₹438 | 17.3 | 5.69 | 0.14× | 32.9% | 1.13% | — | Technology |
| 18 | Kamdhenu LimitedKAMDHENU | 22,654 | ₹35.15 | ₹990 | 11.8 | 2.50 | 0.12× | 21.2% | 1.10% | — | Basic Materials |
| 19 | Vivid Mercantile LimitedVIVIDM | 22,510 | ₹6.01 | ₹60 | 6.0 | 1.07 | 0.21× | 18.5% | 0 | — | Industrials |
| 20 | Vaxtex Cotfab LimitedVCL | 22,393 | ₹1.48 | ₹27 | 5.1 | 1.21 | 0.39× | 24.0% | 0 | — | Consumer Cyclical |
Fundamentally strong in other groups · India
Fundamentally strong in other countries
Questions
Which companies priced under ₹50 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), Shankar Lal Rampal Dye-Chem Limited (25,215), Dev Information Technology Limited (24,767), Jonjua Overseas Limited (24,351).
How many companies priced under ₹50 in India pass all four tests?
29 of the 477 companies priced under ₹50 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.