The stock market is quite volatile. It is affected by various factors like company results, political situation, launch of new technology, interest rate changes, and more. As a beginner, it’s advisable that you start to invest in stocks with a small amount of money so that you can learn to manage risk. This article will give a brief about the best stocks for beginners with little money.
Top 10 Stocks for Beginners with Little Money
Here is a list of the best stocks for beginners in stock markets:
1. Gail India (GAIL)
Gail India is a Public Sector Enterprise founded on 16th August 1984. It is one of the biggest gas transmission companies in India. Gail has its headquarters in New Delhi. The company is into diversified areas like manufacturing of oil and gas, wind and solar power generation etc.
- Gail Share Price as of Apr 2024: ₹187+
- Market Cap: ₹1,24,368 Cr
To learn know check the Gail Share Price Chart 📈
Explore similar Gas Distribution Stocks 🔎
2. Hindustan Petroleum (HPCL)
Hindustan Petroleum Corp Ltd (HPCL) is into refining crude oil and manufacturing of petroleum and petroleum products. The company’s products include lubricating oil, liquified petroleum gas, aviation fuel, lube products, brake fluid greases etc. HPCL is headquartered in Mumbai and it is a subsidiary of ONGC.
- HPCL Share Price as of Apr 2024: ₹474+
- Market Cap: ₹67,274 Cr
To learn more check the HPCL Share Price Chart 📈
Explore similar Refinery Stocks 🔎
3. First Source Solutions
First Solutions Ltd is into business process management services. The company has more than 18500 employees in 36 centres located in different countries. It provides services in the fields of BFSI, healthcare, media and telecommunications.
- First Source Solutions Share Price as of Apr 2024: ₹202+
- Market Cap: ₹14,230 Cr
To learn more check the First Source Solutions Share Price Chart 📈
Explore similar IT Software Stocks 🔎
4. Suzlon Energy
Suzlon Energy is one of the top renewable energy solution providers. It deals in turbine generators and solar energy solutions. The company was established in 1995 and presently has a presence in 14 countries.
- Suzlon Share Price as of Apr 2024: ₹43+
- Market Cap: ₹58,673 Cr
To learn more check Suzlon Share Price Chart 📈
Explore similar Electric Equipment Stocks 🔎
5. Mishtann Foods
Mishtann Foods is an agro-product company and is mainly into manufacturing, processing and trading of rice, wheat and food grains with a significant focus on basmati rice. The company came into existence on 27th Feb 1981 and is based in Ahmedabad city of Gujarat. The company is entirely dependent on domestic sales.
- Mishtann Foods Share Price as of Apr 2024: ₹20+
- Market Cap: ₹2,213 Cr
To learn more check the Mishtann Share Price Chart 📈
Explore similar FMCG Stocks 🔎
6. Housing and Urban Development Corporation (HUDCO)
HUDCO is in the business of financing housing projects and development projects. The company was founded on 25th April in the year 1970. It has provided loans for various development projects in India like SEZ, Smart city projects, road and transport etc.
- HUDCO Share Price as of Apr 2024: ₹199
- Market Cap: ₹40,378 Cr
To learn more check the HUDCO Share Price Chart 📈
Explore similar Finance Stocks 🔎
7. Indian Oil Corporation (IOC)
Indian Oil Corporation (IOC) is an energy company with a presence in oil, petrochemical, gas and alternative energy sources. The company has more than 60000 touch points in India to provide fuel to Indian vehicles. The company supports various CSR activities for the empowerment of women, education, family welfare, environment protection etc.
- IOC Share Price as of Apr 2024: ₹172+
- Market Cap: ₹2,45,427 Cr
To learn more check the Indian Oil Share Price Chart 📈
Explore other Refinery Stocks 🔎
8. Punjab National Bank
Punjab National Bank (PNB) is one of the popular banks among Indian customers. PNB was the first bank which was solely run by Indians. The company has a major role in the development of the Indian banking sector.
- PNB Share Price as of Apr 2024: ₹136+
- Market Cap: ₹1,48,869 Cr
To know more check the PNB Share Price Chart 📈
Explore similar Bank Stocks 🔎
9. Bharat Electronics
Bharat Electronic Ltd (BEL) manufactures electronic products for Indian defence services and Indian Government Organizations. Some of its products are land-based radars, weapon systems, defence communication products, naval systems etc. The company also exports some of its products to the Middle East, Europe, Africa, Asia etc.
- BEL Share Price as of Apr 2024: ₹220+
- Market Cap: ₹1,61,875 Cr
To learn more check BEL Share Price Chart 📈
Explore other Electric Equipment Stocks 🔎
10. Indus Towers
Indus Towers is India’s leading company in telecom infrastructure. It is the largest tower infrastructure provider in India and has made around 204,212 telecom towers in 22 telecom circles of India. The company has adopted green initiatives in its company operations.
- Indus Towers Share Price as of Apr 2024: ₹306+
- Market Cap: ₹81,023 Cr
To learn more check the Indus Towers Share Price Chart 📈
Explore similar Telecom Equipment Stocks 🔎
Factors to Consider Investing in Best Stocks for Beginners
Following are the factors you need to consider before investing in low-priced stocks.
1. Evaluate Your Financial Goals
Your financial goals also determine your investment. If you want to make quick money by trading then don’t invest in stocks that are stable for a long time.
If you plan to invest for the long term and want dividends and growth in investment then these low-priced shares shall be preferred by you.
2. Consider Volatility
The price fluctuations in share prices due to various events are referred to as volatility. Shares with high volatility are quite risky. Whereas shares with less volatility can be preferred for long-term investment. Based on your risk tolerance level, make a decision.
3. Have a Long-term Approach
Focus on the long term. In the long term, you can avoid market fluctuations as well as receive compounding returns.
Conclusion
Stock market investing can help you earn good returns in the long term. In this article, we have listed the best stocks for beginners with little money. Go through it, research a bit and then make a decision to invest.
📌 You can also read:
- Best Indian Stocks For the Next 10 Years
- 10 Best Shares to Buy Today for Long Term
- How to Make Money in Stock Market
- How to Earn 1 Lakh Per Day from Share Market?
Happy Investing 💰
Disclaimer: This blog is not to be construed as investment advice. Trading and investing in the securities market carries risk. Please do your own due diligence or consult a trained financial professional before investing.
