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Top 10 Stocks Under 200 Rs. to Invest in NIFTY Midcap 150

Posted By: Admin
February 11, 2024 |

Nifty Midcap 150 Share Price & Stock analysis Top 10 Stocks Under 200 Rs.

Are you an investor looking to explore opportunities in the NIFTY Midcap 150 index without breaking the bank? Investing in stocks under 200 Rs. can offer lucrative prospects for growth and diversification within your portfolio. These stocks present promising potential and may provide substantial returns over time. Here’s a curated list of the top 10 stocks under 200 Rs. to consider investing in the NIFTY Midcap 150.

However, Investing in the stock market requires careful consideration, especially when looking for opportunities in the midcap segment. The NIFTY Midcap 150 presents a plethora of options for investors seeking growth potential. In this article, we’ll explore the top 10 stocks under 200 Rs. that stand out as promising investments in the midcap space.

Aditya Birla Capital Ltd. (ABCL)

  • Aditya Birla Capital operates across various sectors including insurance, asset management, lending, and housing finance.
  • With a diversified portfolio and strong fundamentals, ABCL is poised for long-term growth.
  • The Company has delivered good profit growth of 47.2% CAGR over last 5 years.

Federal Bank Ltd. (FEDERALBNK) | List of 10 Stocks Under 200

  • Federal Bank is a leading private sector bank in India, offering a range of financial products and services.
  • Its consistent performance and robust banking practices make it an attractive investment option.
  • Company is expected to give good quarter.
  • Also, the company has delivered good profit growth of 27.6% CAGR over last 5 years.

NALCO (National Aluminium Company Limited)

  • NALCO is a Navratna company engaged in the production of aluminum and alumina products.
  • With a strong presence in the aluminum sector and expansion plans, NALCO offers growth potential to investors.
  • NALCO Company is almost debt free.
  • This company has been maintaining a healthy dividend payout of 47.8%.

NHPC Ltd. | List of 10 Stocks Under 200

  • NHPC is a premier hydropower generation company in India.
  • As the demand for clean energy grows, NHPC’s focus on renewable energy sources positions it as a promising investment opportunity.
  • Company has been maintaining a healthy dividend payout of 49.5%.

Bank of India (BOI) | List of 10 Stocks Under 200

  • Bank of India is a prominent public sector bank with a wide network across the country.
  • Despite challenges in the banking sector, BOI’s efforts towards digitalization and improving asset quality make it a compelling investment choice.
  • Stock is trading at 0.93 times its book value.
  • The Bank is expected to give good quarter.
  • The bank has delivered good profit growth of 21.2% CAGR over last 5 years.

L&T Finance Holdings Ltd (LTFH) –

  • L&T finance Holdings Ltd is a NBFC and offers a diverse range of financial products and services.
  • Some of the services are Farm equipment finance, Two wheeler finance, Micro Loans, Consumer loans, Home loans, Loans against property (LAP), Real estate finance, Infra finance, Infra Debt Fund and other services.

TV18 Broadcast Ltd (TV18) –

  • TV18, a major player in the media and entertainment industry, has a diverse portfolio of news and entertainment channels.
  • With the surge in digital consumption, TV18 is expected to benefit from the evolving media landscape.
  • Stock is trading at 0.60 times its book value.
  • Company is expected to give good quarter.

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Union Bank of India (UNIONBANK) | List of 10 Stocks Under 200

  • Union Bank of India is a public sector bank with a wide range of banking and financial services.
  • Despite challenges in the banking sector, Union Bank’s efforts towards digital transformation and improving asset quality make it an attractive investment option.
  • Company has delivered good profit growth of 29.5% CAGR over last 5 years.

Steel Authority of India Ltd. (SAIL)

  • SAIL is one of the largest steel producers in India with a diversified product portfolio.
  • With ongoing modernization and expansion plans, SAIL is well-positioned to capitalize on the growing demand for steel in India. Company has reduced debt.
  • Debtor days have improved from 63.9 to 36.4 days.
  • Company’s working capital requirements have reduced from 378 days to 59.8 days.

Motherson Sumi Systems Ltd (MSSL) | List of 10 Stocks Under 200

  • MSSL, a global automotive supplier, has a strong presence in the wiring harness and mirror segment.
  • As the automotive industry rebounds, MSSL is poised for growth, driven by its global footprint and strong customer relationships.
  • Company has been maintaining a healthy dividend payout of 36.2%.

Conclusion

Before investing in any stock, it’s essential to conduct thorough research and consider factors such as the company’s financial health, industry trends, and market conditions. Additionally, seeking advice from financial experts can help in making informed investment decisions.

Investing in stocks under 200 Rs. can be a prudent strategy for investors looking to build a diversified portfolio while managing risk. By carefully selecting stocks with strong fundamentals and growth potential, investors can position themselves for long-term wealth creation in the dynamic Indian stock market.

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