Looking for stocks under ₹100 to enhance your investment portfolio? On March 24, 2025, financial experts have pinpointed three promising stocks to consider: JM Financial Ltd, Edelweiss Financial Services Ltd, and Jammu & Kashmir Bank Ltd. With projected price increases ranging from 5% to 12%, these shares could be solid additions for both seasoned investors and newcomers alike.
Top Stock Picks Under ₹100
1. JM Financial Ltd
Mahesh M Ojha, an Assistant Vice President of Research at Hensex Securities, is optimistic about JM Financial Ltd. He suggests purchasing shares at a price between ₹96 and ₹98, with a stop-loss set at ₹94. The target price is ambitious, projected at ₹100, with even higher potential targets of ₹102 to ₹105. According to Ojha, this strategy could yield an impressive upside of 10-12.5%.
2. Edelweiss Financial Services Ltd
Sugandha Sachdeva, the Founder of SS WealthStreet, recommends Edelweiss Financial Services Ltd as a strong buy. She advises that investors look to acquire shares during dips, ideally around ₹91, with a stop-loss positioned at ₹88.90. The target price for this stock is set at ₹96, suggesting an upside potential of nearly 6%.
3. Jammu & Kashmir Bank Ltd
Anshul Jain, the Head of Research at Lakshmishree Investment and Securities, advocates for Jammu & Kashmir Bank Ltd (J&K Bank). Jain recommends purchasing shares near ₹96, while maintaining a stop-loss at ₹94. The anticipated target price is around ₹102, indicating a potential upside of over 6%.
Summary of Recommendations:
- JM Financial Ltd: Buy between ₹96-₹98, target ₹100-₹108
- Edelweiss Financial Services Ltd: Buy at around ₹91, target ₹96
- Jammu & Kashmir Bank Ltd: Buy near ₹96, target ₹102
In conclusion, as you navigate the stock market, these three options under ₹100 could offer valuable returns. Always consider consulting with financial advisors and conducting thorough research to align with your investment strategy. Happy investing!
