Investing in "cheap" stocks often refers to stocks with a low share price (penny stocks) or those that are undervalued relative to their fundamentals. As of April 28, 2026, several companies in the Indian and global markets are frequently cited as affordable options for retail investors based on recent performance, market capitalisation, and growth potential. Top Stocks Under ₹100
: Often cited for its low price relative to solid fundamentals, currently trading near ₹452.50 with a P/E of 8.97 and high dividend yield of 5.86%. stocks to buy today cheap
: After restructuring, this private sector bank is trading at around ₹19.94, with analysts monitoring its asset quality improvements. High-Potential Undervalued Stocks Investing in "cheap" stocks often refers to stocks
: A leading renewable energy player trading at approximately ₹56.93, noted for its strong return on equity (ROE) of 41.33% and role in India's clean energy shift. : After restructuring, this private sector bank is
Some stocks may have higher absolute prices but are considered "cheap" due to low price-to-earnings (P/E) or price-to-book (P/B) ratios:
These smaller-cap stocks are often chosen for their high growth potential, though they carry higher volatility: List of Popular Stocks Under Rs. 50 to Buy in India
For those looking for established companies with share prices under ₹100, these entities are frequently highlighted for their market position and turnaround potential: