Which Under 10 Rs Share Is Best?

Low-priced shares with growth potential are a good investment opportunity for folks who may have limited funds

If you do not have funds to invest on expensive shares that cost hundreds or thousands of Rupees, you can consider penny stocks or low-priced shares. You can also use this approach as part of your portfolio diversification strategy. Low-priced under 10 Rs stocks are easily accessible, have low risk and could potentially be hugely rewarding. In terms of which under 10 Rs share is best, here are some options you can consider.

Vodafone Idea Ltd. – It is true that Vodafone Idea is losing subscribers to rivals Airtel and Jio. However, the company has plans to make a comeback with fresh investment of Rs 55,000 crore. As of now, Vodafone Idea Ltd. shares are trading at Rs 9.16. Probably a suitable time to buy, if you are willing to take the risk.

GTL Infrastructure Ltd. – The company is focused on developing Shared Passive Telecom Infrastructure. With 5G gaining momentum and upcoming 6G, there are plenty of growth opportunities for GTL Infrastructure Ltd. in the future. Current share price of GTL Infrastructure Ltd. is Rs 2.32, which seems quite attractive.

Sarveshwar Foods Ltd. – Part of the Sarveshwar Group, Sarveshwar Foods Ltd. focuses on the processing and marketing of rice. The business covers basmati and non-basmati and branded and unbranded rice. Share price of Sarveshwar Foods Ltd. is currently at Rs 9.53. A good opportunity, as India is fast emerging as a leading rice supplier to the world.

GVK Power & Infrastructure Ltd. – The company has a presence in various sectors such as energy, hospitality, airports, real estate, transportation and pharmaceuticals. The company essentially covers most of the sectors that have huge growth potential for a developing country like India. Share price of GVK Power & Infrastructure Ltd. is currently at Rs 5.60.

Nandan Denim Ltd. – As the name suggests, Nandan Denim Ltd/ focuses on denim fabric production and distribution. It also sells cotton fabric, yarn/dyed yarn and shirting fabric. Share price of Nandan Denim Ltd. is currently at Rs 5.82.

Vikas Lifecare Ltd. – One of the key focus areas is production of chemicals, supplied domestically as well as to international customers. There’s potential for growth, as the company manufactures a diverse range of chemicals. Share price of Vikas Lifecare Ltd. is currently at Rs 5.11.

Filatex Fashions Ltd. – Incorporated in 1995, Filatex Fashions Ltd. is one of the oldest manufacturers of socks. The company supplies its products to various top brands such as Adidas, FILA, etc. Share price of Filatex Fashions Ltd. is currently at Rs 0.93. Probably the best time to buy, considering the 52-week high of Rs 2.86.

Sakuma Exports Ltd. – Focused on export/import of various commodities such as edible oils, pulses, cotton, oil seeds, sugar, etc. Sakuma Exports Ltd. seems to be experiencing a low growth phase currently. However, there is potential for growth, as 52-week high share price is Rs 10.30. As of now, share price of Sakuma Exports Ltd. is at Rs 4.54.