Best Stocks under Rs 500 in India

Humpy Adepu

ITC Ltd. (₹416.90): A diversified conglomerate with a strong presence in FMCG, hotels, and agribusiness, known for its consistent dividend payouts.

Bharat Electronics Ltd. (₹381.20): A public sector giant in defense electronics, benefiting from increased government spending and a robust order book.

NTPC Ltd. (₹332.75): India's largest power generation company, offering stable returns and a key role in the country's growing energy demand.

Oil and Natural Gas Corporation (ONGC) (₹236.39): As the largest oil and gas exploration company, ONGC is vital for India's energy security and provides a good dividend yield.

Indian Railway Finance Corporation (IRFC) (₹128.26): A key player in financing the Indian Railways, it offers a steady investment with substantial government backing and growth potential.

Power Grid Corporation of India (₹287.15): This PSU handles electricity transmission across India, providing stable returns and a crucial role in infrastructure development.

Tata Steel (₹155.01): A major player in the metals and mining sector, it is undergoing strategic restructuring and benefiting from strong domestic demand.

Wipro Ltd. (₹245.00): A global IT consulting and services company with a strong market presence, offering potential for long-term growth in the technology sector.

Jio Financial Services (₹328.80): A new entrant in the financial services sector with strong backing from the Reliance Group, showing promising growth momentum.

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