Best Low Price Share List for 2024

This article will educate you about some of the list of low price shares to buy now in 2024. If you are new to the market yet an enthusiastic stock trader who loves trading in Indian low price share. It is necessary to first understand what is ultra-penny stocks are and how they vary from ordinary stocks in order to understand best low price share list for 2024.

There are a number of factors that contribute to a company’s slow growth rate and result in low price share. A number of factors may be at play, including stagnation in the overall sector and the discontinuation of a specific product. For example: A companies with a typewriter manufacturing business, went out of business in the 1990s as the product became obsolete due to the advent of personal computers, which was at the time.

What are Low Price Shares?

Ultra-penny stocks under 10 Rupees are called as Low price shares. These stocks are less well-known to the broader investing public as a result of the fact that information about their fundamentals and businesses is either untrustworthy or difficult to get information about them.

As a consequence, investors have always kept themselves away from making investments in these companies. Their multi-bagger returns during some trading sessions, on the other hand, have made them well-known in the industry.

Due to the liquidity of some low price share, it is conceivable that a small number of orders may force the exchange to exceed its circuit limit. The profits on these stocks are typically higher when they are traded on circuits for a number of days.

It is possible that some stock operators are manipulating the stock price and trading volumes in order to attract innocent retail investors and then selling their own holdings when participation increases as a result of the manipulation, notwithstanding the fact that this period of hitting the circuit has not been accompanied by trading volumes during this period.

Accordingly, it is anticipated that sales, operational profit, EBIDTA margin, net profit, and return on net worth would all improve. If a company has no growth potential or just modest growth potential, its stock will sell at a discount to its peers or the market.

In the world of ultra-penny stocks or low price share, investing is a game of chance that is never guaranteed to yield a profit. As a first and foremost consideration, investors should avoid investing in them, and if forced to, they should treat it as if they were making a lottery ticket purchase.

Top 10 – Best Low Price Shares in India for 2024

You can do more research by going through best stocks to buy for long term in India. Find below the list of top 10 – best low price stocks in India for 2024.

Sr.	Name Of Company	Intrinsic Value (IV)	Price to Earning (P/E)	Earning Per Share (EPS)	Book Value (BV)	1-Year Return (%)
1	Alstone Textiles (India) Ltd	1.14	4.45	0.14	1.18	-78.67
2	Comfort Fincap Ltd.	15.27	8.69	0.99	9.81	-38.69
3	Kcl Infra Projects Ltd	3.26	30.33	0.09	3.24	-5.75
4	Madhav Infra Projects Ltd	11.13	7.4	0.87	6.88	48.8
5	Odyssey Corporation Ltd.	9.37	17.76	0.44	19.05	-1.27
6	Scandent Imaging Limited	27.17	8.68	0.89	8.96	-37.65
7	Utique Enterprises Ltd	21.07	18.47	0.35	12.67	-14.3
8	B.A.G.Films & Media Ltd.	5.57	11.65	0.52	7.4	19.61
9	Country Club Hospitality & Holidays Ltd	11.4	10.59	0.86	18.91	22.15
10	Inventure Growth & Securities Ltd.	1.73	23.22	0.09	2.52	-21.43

List of Low Price Shares in India 2024

Read best dividend paying stocks for long term in India for additional knowledge. Always remember that you should never get emotionally attached to just low price shares with good fundamentals in India because you are waiting for good news from them. Do your research after going through the list of low price share in India for 2024.

Sr.	Name Of Company	Intrinsic Value (IV)	Price to Earning (P/E)	Earning Per Share (EPS)	Book Value (BV)	1-Year Return (%)
1	Advik Capital Ltd	5.61	13.49	0.22	1.5	-15.59
2	Comfort Intech Ltd.	7.29	30.55	0.28	4.16	204.32
3	Diligent Industries Ltd.	1.52	31.75	0.2	1.47	-47.15
4	G G Engineering Ltd	0.8	12.43	0.1	0.84	-86.39
5	Galactico Corporate Services Ltd	7.64	6.93	0.58	2.06	-74.5
6	Marsons Limited	1.59	25.8	0.33	0.97	130.06
7	Nel Holdings South Ltd	NA	0.52	6.57	-73.42	29.39
8	Pmc Fincorp Limited	2.95	23.06	0.12	2.06	4.35
9	Seacoast Shipping Services Ltd	14.28	9.04	0.37	2.29	-52.59
10	Sulabh Engineers & Services Ltd.	2.18	32.84	0.19	3.21	52
11	Super Crop Safe Ltd.	4.43	24.21	0.38	6.4	38.15
12	Super Tannery Limited	6.16	16.46	0.54	8.72	28.59
13	Surat Textile Mills Ltd.	4.12	30.6	0.24	9.04	-6.49
14	Swasti Vinayaka Art And Heritage Corporation Ltd	3.14	13.5	0.29	2.35	42.34
15	Swasti Vinayaka Synthetics Ltd.	3.9	30.9	0.23	2.19	14.64
16	Tatia Global Vennture Ltd.	1.15	29.7	0.1	1.73	125.4
17	Tilak Ventures Ltd	2.3	21.82	0.19	3.4	-1.85
18	Zeal Aqua Ltd	10.17	14.99	0.52	5.77	2.52
19	B.C. Power Controls Ltd	3.4	26.15	0.24	6.12	26.12
20	Bhandari Hosiery Exports Ltd.	4.52	15.31	0.4	5.52	33.26
21	Country Condo’s Ltd.	2.32	19.98	0.22	3.12	8.86
22	Diligent Media Corporation Ltd	NA	4.11	8.02	-33.01	8.33
23	Gtl Ltd.	NA	5.63	5.53	-391.69	7.14
24	Il&Fs Investment Managers Ltd.	4.15	29.58	0.34	6.24	25.81
25	Prakash Steelage Ltd.	NA	4.23	1.35	-1.62	16.33
26	Reliance Home Finance Ltd	NA	0.02	118.11	-1.4	-48.68
27	Sadbhav Infrastructure Project Ltd	NA	1.1	-3.36	-10.28	-11.93
28	Akashdeep Metal Industries Ltd	18.38	20.41	0.97	8.37	-4.5
29	Arnold Holdings Ltd	37.53	18.75	0.99	20.31	-34
30	Atv Projects India Ltd.	18.28	13.5	1.13	36.87	62.42
31	Balurghat Technologies Ltd.	9.7	19.72	0.93	9.91	93.89
32	Enbee Trade & Finance Ltd.	17.12	22.27	0.65	8.96	-48.22
33	Gennex Laboratories Ltd.	6.13	27.8	0.52	4.87	120.56
34	Kaiser Corporation Limited	7.24	25.23	0.6	1.33	-75.57
35	Mauria Udyog Ltd	3.22	17.98	0.64	2.03	194.12
36	Regency Investments Ltd	31.98	33.71	0.84	12.42	55.27
37	Sacheta Metals Ltd.	15.79	24.03	1.02	19.59	1.87
38	Tirupati Sarjan Ltd.	11.61	25.36	0.54	24.81	25.35
39	Ultracab (India) Ltd	52.72	28.29	3.07	18.1	-30.56
40	Zodiac Ventures Limited	5.51	20.16	0.68	2.8	-64.61
41	Alankit Ltd	19.14	20.74	0.75	7.52	28.37
42	Brightcom Group Ltd	86.26	2.44	7.01	34.69	-50.79
43	Bsel Infrastructure Realty Ltd.	113.25	2.16	6.23	54.91	291.28
44	Celebrity Fashions Ltd.	10.86	18.52	1.02	5.39	-10.68
45	Century Extrusions Ltd.	12.5	19.1	0.81	8.78	58.17
46	Patel Integrated Logistics Ltd.	10.95	21.92	0.76	18.41	20.58
47	Sakuma Exports Ltd.	15.83	15.38	1.05	19.22	7.64
48	Shyam Century Ferrous Ltd	12.17	29.11	0.67	7.62	-11.88
49	Soma Textiles & Industries Ltd.	84.96	13.13	39.25	22.99	158.82
50	Tgb Banquets And Hotels Ltd.	10.09	27.2	0.48	26.61	16.07

Conclusion

Even if a buy-and-hold strategy has produced good returns over the last few years for low price stocks, investors should avoid using it altogether. As a result of their inability to generate income for their shareholders over a prolonged period of time, as well as their failure to adhere to a clear reporting structure.

To prevent becoming a victim of an operator’s conspiracy, investors should do extensive research on the list of low price share and current events available in the public domain. In this scheme, operators manipulate the price of a security before selling their shares at a loss. Hope this article on best low price share list for 2024 was useful to you. Let us know in the comment box your feedback.