Top Stocks Under Rs. 100 for 2026: Affordable Investment Picks

Top-Rated Inexpensive Stocks Like MMTC, Jai Balaji Industries, and More
Top Stocks Under Rs.100 for 2026_ Affordable Investment Picks.jpg
Written By:
Pardeep Sharma
Reviewed By:
Atchutanna Subodh
Published on

Overview

  • Stocks under Rs. 100, like MMTC, IFCI, and Bank of Maharashtra, offer high volumes, decent market caps, and active trading interest.

  • Low price does not mean low value; numbers like PE ratio, 52-week range, and returns matter.

  • These stocks can be volatile, but they remain popular among budget-focused investors.

Inexpensive stocks attract considerable attention from retail investors. With limited capital, traders can buy more shares and feel more involved in the market. For 2026, many investors are again scanning the market for low-priced stocks that have strong volumes, decent market capitalization, and improving returns. 

These market participants are a risky investment, but they also offer the potential for a higher upside if business performance improves. Let’s take a look at some of the top stocks under Rs. 100.

MMTC

MMTC is trading at an LTP of Rs. 66.22 with a daily change of 1.66%. The stock has shown good interest with a volume of 29,66,252 shares. Its market cap stands at Rs. 9,933 crores, which makes it a mid-sized PSU company. The PE ratio is 44.39, which is higher than its industry PE of 26.31. The 52-week high is Rs. 88.19, and the 52-week low is Rs. 44.50. In the last 1 month, the stock has given returns of 19.83%. These numbers show MMTC is volatile but actively traded.

IFCI

IFCI is available at Rs. 57.32, and the stock moved down by -0.52%. One big thing here is volume, which is very high at 1,30,94,044 shares. Market cap is Rs. 15,444 crores, showing it is not a small company. The PE ratio is 24.66, while the industry PE is negative at -180.99. The 52-week high is Rs. 74.50, and the low is Rs. 36.20. Monthly returns are strong at 19.62%. Even with ups and downs, IFCI remains a popular low-cost stock.

Also Read: Best AI-Powered Energy Stocks to Buy and Hold Forever in 2026

Equitas Small Finance Bank

Equitas Small Finance Bank is trading at Rs. 66.78 with a slight negative change of -0.64%. The volume is lower compared to others at 6,57,161 shares. Market cap is Rs. 7,618 crores. The PE ratio is -83.90, which means earnings are weak, while the industry PE is 8.47. The stock touched a 52-week high of Rs. 73.90 and a low of Rs. 50.00. One-month returns are 13.55%. This stock is closely watched due to banking sector growth.

Jai Balaji Industries

Jai Balaji Industries is priced at Rs. 70.00 and gained 2.34% in the session. Volume is 4,71,128 shares, and the market cap is Rs. 6,386 crores. The PE ratio is 21.30, very close to its industry PE of 23.12. The 52-week high is Rs. 168.75, and the low is Rs. 59.90, showing a wide price range. One-month returns are 13.36%. Metal stocks like this can move fast when the commodity cycle turns positive.

Bank of Maharashtra

Bank of Maharashtra is trading at Rs. 63.61 with a change of -0.48%. Volume is high at 45,69,628 shares. Market cap is large at Rs. 48,926 crores. PE ratio is only 7.59, which is lower than the industry PE of 9.89. The 52-week high is Rs. 67.74, and the low is Rs. 42.00. The monthly return is 10.99%. Low PE and strong market cap make this PSU bank interesting for a long term view.

South Indian Bank

South Indian Bank is priced at Rs. 44.04 and moved up by 1.38%. The stock sees volume of 61,36,785 shares. Market cap is Rs. 11,525 crores. PE ratio is 8.19, and the industry PE is 8.47. The 52-week high is Rs. 45.62, and the low is Rs. 22.30. One-month return stands at 10.04%. This bank stock is often traded due to its low price and steady volumes.

Ujjivan Small Finance Bank

Ujjivan Small Finance Bank is trading at Rs. 58.36 with a gain of 0.81%. Volume is strong at 52,28,810 shares. Market cap is Rs. 11,313 crores. PE ratio is 26.95, which is higher than the industry PE of 8.47. The stock’s 52-week high is Rs. 61.70 and low is Rs. 30.88. One-month return is 7.95%. Investors see this as a growth-oriented small finance bank, but the valuation is high.

PC Jeweller

PC Jeweller is one of the lowest-priced stocks here at Rs. 10.59. The stock fell by -0.38%. Volume is very high at 1,44,51,802 shares. Market cap is Rs. 7,676 crores. PE ratio is 12.65, while the industry PE is -11.85. The 52-week high is Rs. 19.65, and the low is Rs. 8.67. One-month returns are 6.33%. Due to past issues, this undervalued stock is risky, but traders have maintained an interest.

Punjab & Sind Bank and NMDC

Punjab & Sind Bank trades at Rs. 27.25 with no change shown. Volume is 3,57,878 shares, and market cap is Rs. 19,335 crores. The PE ratio is 15.96, and the industry PE is 9.89. The 52-week high is Rs. 50.59, and the low is Rs. 25.22. Monthly return is 3.81%.

NMDC is priced at Rs. 79.19 and gained 0.44%. Volume is 38,19,083 shares. Market capitalization is strong at Rs. 69,622 crores. PE ratio is 9.87, while the industry PE is -91.73. The 52-week high is Rs. 86.72, and the low is Rs. 59.53. One-month return is 3.79%. NMDC gives stability among low-priced stocks.

Also Read: 3 Cheap AI Stocks to Consider Now: Smart Weekend Picks

Final Thoughts

These stocks are highly sought after by several traders and are perfect for investors who depend on growth potential for returns. Prices, PE, volumes, and returns are significant factors. While some are banks, others are metals or PSU companies. 

These stocks can be rewarding, but risk is also present. Tracking fundamentals and statistics are important, even if the stock looks extremely cost-effective.

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FAQs

Q1. Are Stocks Under Rs. 100 good for long-term investment?

They can be good if fundamentals improve, but the risk is higher compared to large-cap stocks.

Q2. Why do investors prefer low-priced stocks?

These stock options are affordable and allow buying more shares with a small capital.

Q3. Is MMTC a risky stock at Rs. 66 range?

MMTC has volatility, but strong volumes and PSU backing reduce some risk.

Q4. What makes IFCI popular among traders?

Very high trading volume and sharp price movements attract short-term traders.

Q5. Is Bank of Maharashtra undervalued?

With a PE of 7.59 and a strong market cap, many investors see it as a value PSU bank stock.

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