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Top 7 Stocks under 50 to make you Rich Quickly

Top 7 Best stocks under 50 will literally make you rich. To utilize the full potential of the Equities Market, never miss these 7 best stocks under 50.

Stock Market is a place where you can easily start your investment journey even with a small capital. There are plenty of value stocks available in the market at low price. Among the low priced stocks, always try to analyze the company’s financials and fundamental before purchasing the stocks.

Best stocks under 50

As these stocks are priced under 50, you as an investor can start your investment as low as 100 and enjoy the wealth creation over the long run. But always try to do your own research and analysis before you try to pick these penny stocks as your investment choice.

Below is the list of 7 best stocks under 50.

1.Trident

 

Stocks under 50

Trident Ltd. was incorporated in the year 1990. Its today’s share price is 38.70. Its current market cap stands at Rs.19481.84 Cr. Stock’s P/E ratio is 46.2 and its Book value is 8.14. It has a strong promotor shareholding of 73%. Trident public shareholding percentage stands at 25.56%.

Analyze the past performance of Trident group stock with the help of Live Charts and start your investments.

2. Yes Bank – Stocks Under 50

Stocks under 50 - Yes Bank

Yes Bank is an Indian based Commercial Bank. Thus it offers wide range of different products for corporate and retail customers through banking and they provide asset management services.  Its today’s share price is 22.50. Its current market cap stands at Rs.71805 Cr. Stock’s P/E ratio is 55.47 and its Book value is 14.32.

It has a diversified shareholding pattern of Domestic Institutions around 40%,  Retail and others around 35% and Foreign Institutions around 25%.

3. South Indian Bank

Stocks under 50 - South Indian Bank

South Indian Bank is an Indian Based Private Sector Bank with its Head quarters at Kerala. This bank offers a wide range of banking services to retailers and Corporates. The bank had a network of around 947 branches in India. Its today’s share price is 27.65. Its current market cap stands at Rs.7639 Cr. Stock’s P/E ratio is 7.14 and its Book value is 33.73.

The major shareholding comes under  Retail and others around 80% and Foreign Institutions around 15%. For short term trading traders always choose EOD data.

4. Vodofone Idea

Stocks under 50 - VI Vodofone Idea is an Indian Mobile Network operator. It provides wide range of data services like 2G, 3G, 4G , LTE Advanced, Volte and VoWifi services. Vodofone Idea entity was formed under the merger of Vodofone India and Idea cellular at 2018.  Its today’s share price is 13.15. Its current market cap stands at Rs.87891 Cr. Stock’s P/E ratio is -2.93 and its Book value is  -10.75.

Retail and others have a share holding pattern of around 48%, Promotors have 36% and Foreign Institutions around 11%.

5. JP Power – Stocks under 50

Stocks under 50 - JP   

Jaiprakash Associates Limited, commonly known as Jaypee Group, is an Indian company with interests in engineering, construction, power, real estate, hospitality, IT, sports and education.

Its today’s share price is 18.95. Its current market cap stands at Rs.13508 Cr. Stock’s P/E ratio is 13.23 and its Book value is  16.73.

Retail and others have a share holding pattern of around 51%, Promotors have 24% and other domestic Institutions around 18%.

6. Essar Shipping

Best Penny Stocks

 

Essar Shipping Ltd., now Essar Shipping Ports & Logistics Limited, is an Indian shipping corporation for the global energy business. Established in 1945, Essar Shipping was formally incorporated in 2010 and is listed on the Bombay Stock Exchange. Headquartered in Mumbai, it operates as a subsidiary of the Essar Group.

Its today’s share price is 28. Its current market cap stands at Rs.586 Cr. Stock’s P/E ratio is 1.89 and its Book value is  -130.21. It has a strong Promotors share holding of around 73% and Retail and others have a share holding pattern of around 26%.

7. Orient Green – Best Stock under 50

Penny stocks under 50 - Orient

Orient Green is an  India-based company, which is engaged in the business of generation of power from renewable energy sources, which is wind energy.  Its today’s share price is 20.15. Its current market cap stands at Rs.2028 Cr.

Stock’s P/E ratio is 48.09 and its Book value is  8.52. Retail and others have a share holding pattern of around 67% and  Promotors share holding of around 30%.

Things to do Before Trading in these Best Stocks under 50:

Choosing stocks to trade requires extensive study and analysis. Prior to investing your hard-earned money in trading, you must establish your objectives and level of risk tolerance.

Review the following considerations before making any investment decisions.

Define Your Trading Strategy:

Just as every player on a cricket team has a unique style of play, so too do individuals in trading have unique risk profiles, goals, and trading strategies.

Therefore, before you trade, you must identify your trading style, whether you are a swing trader, day trader, or investor. In particular, you should always have a clear trading goal because different trading styles call for different approaches.

Paper Trading:

It is always beneficial to take practice exams prior to actual exams. It also applies to trade. Always practice trading on paper before doing it in actual trading.

Try out your trading methods on paper for about three months.

Once you have tested your strategies, don’t accept real trades. Verify that the system functions in every market scenario.

Risk Management:

Risk Management is off essence in Trading. Define your risk levels. For instance, find out whether you are risk taker or risk averse trader. Specifically find out how much loss you are ready to face from your capital.

Limit your losses by placing Stop Loss orders from your defined risk levels.

Market Analysis:

Analyze overall market trend, observe the Real Time Live Price of the stocks  and take your positions as per the market performance. Keep in mind the major quote “Trend is your Friend”.

Don’t trade against the market trend to capture the short gains. Always trade along with the trend.

Fundamental Analysis:

Evaluate the fundamentals of the companies you’re interested in. Look at financial statements, earnings reports, revenue growth, profit margins, debt levels, and other key metrics to assess the health and growth potential of the company

Diversification:

Putting all your eggs in one basket will surely gives you a huge loss. Always diversify your portfolio by picking stocks from various sectors.

Diversification minimizes your loss and looking in the long term horizon it will give you huge returns.

This article is for pure educational purpose. Remember that trading stocks involves risk, and there’s no guarantee of profits. It’s essential to do your due diligence and make informed decisions based on thorough research and analysis.

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