Top Ten Performing Low Price Stocks in 2021
There is a perception amongst the investors that low price stocks tend to outperform markets in the long run and hence, they are good buys.
Low price stocks are different from penny stocks in the sense that the market capitalisation is usually higher for these stocks when compared to the penny stocks . Also, the stock prices are higher than Rs 10 per share but less than Rs 100 per share. There is a perception amongst the investors that low price stocks tend to outperform markets in the long run and hence, they are good buys.
There is no study that shows consistent outperformance of low-priced stocks over high-priced stocks; however, low-priced stocks remain investors' favourites.
Tracking the performance of low-priced stocks is always useful. Here is a list of the top 10 performing low price stocks in 2021:
|
Company Name
|
Industry
|
Latest Market Cap (Rs Crore)
|
YTD Returns (per cent)
|
|
Waaree Renewable Technologies Ltd
|
Finance - NBFC
|
240.41
|
744.3
|
|
Aditya Consumer Marketing Ltd
|
Retailing
|
102.44
|
385.77
|
|
Ritesh International Ltd
|
Consumer Food
|
56.19
|
384.87
|
|
Anmol India Ltd
|
Trading
|
197.89
|
369.23
|
|
Gujarat Raffia Industries Ltd
|
Plastic Products
|
38.13
|
346.52
|
|
Danlaw Technologies India Ltd
|
IT - Software
|
133.38
|
320.02
|
|
Palred Technologies Ltd
|
IT - Software
|
158.84
|
295.64
|
|
Xpro India Ltd
|
Plastic Products
|
159.01
|
290.14
|
|
Shri Bajrang Alliance Ltd
|
Engineering - Industrial Equipments
|
260.59
|
287.36
|
|
Magma Fincorp Ltd
|
Finance - NBFC
|
11942.83
|
281.56
|