Stocks Under ₹20 in India 2026

Stocks under ₹20 are shares that trade below ₹20 per share. They are commonly referred to as penny stocks and are usually issued by small-cap or micro-cap companies.

Key highlights:

• The list contains 19 stocks priced below ₹20 per share.
• Market capitalisations range from approximately ₹28 crore to ₹1,50,000 crore.
• These stocks may offer long-term growth potential but carry higher risk.
• Before investing, review the company's financial performance, liquidity, debt levels, and industry outlook.
• Share prices and market capitalisation change regularly, so always verify the latest market data before making investment decisions.

The following companies were trading below ₹20 per share as of July 7, 2026.

The figures above are a snapshot as of July 7, 2026. Share prices and market capitalisation change regularly based on market conditions.

Vodafone Idea Ltd

Vodafone Idea Ltd is a telecommunications company that provides mobile voice, data, broadband, and enterprise connectivity solutions. It serves both retail and business customers across India.

Jaiprakash Power Ventures Ltd

Jaiprakash Power Ventures Ltd generates electricity through thermal and hydroelectric power plants. The company supports India's growing energy demand while operating in the power generation sector.

RattanIndia Power Ltd

RattanIndia Power Ltd operates power generation facilities and focuses on meeting India's increasing electricity requirements. The company is part of the country's energy infrastructure.

Hathway Cable & Datacom Ltd

Hathway Cable & Datacom Ltd offers broadband internet and cable television services to residential and commercial users. It provides digital connectivity solutions across multiple cities.

GTL Infrastructure Ltd

GTL Infrastructure Ltd develops and manages telecom tower infrastructure for mobile network operators. Its services help expand network coverage across urban and rural regions.

Orient Green Power Company Ltd

Orient Green Power Company Ltd produces renewable energy through wind and solar projects. The company contributes to clean energy generation in India.

Unitech Ltd

Unitech Ltd operates in the real estate and infrastructure sectors. Its portfolio includes residential, commercial, and township development projects.

Salasar Techno Engineering Ltd

Salasar Techno Engineering Ltd provides engineering solutions for power transmission and infrastructure projects. Its services include fabrication, construction, and maintenance.

Rama Steel Tubes Ltd

Rama Steel Tubes Ltd manufactures steel tubes and pipes used in infrastructure, agriculture, and construction projects.

Dish TV India Ltd

Dish TV India Ltd provides direct-to-home television services with a range of entertainment, news, and regional channels for households across India.

Read more: NSE Holidays list

Some investors explore stocks priced below ₹20 because they offer an affordable way to participate in the equity market. While these shares can provide growth opportunities, they generally involve higher risks than established large-cap stocks.

Common reasons investors consider these stocks include:

• Lower investment amount required to buy shares.
• Exposure to small-cap and micro-cap companies.
• Opportunity to diversify across different sectors.
• Potential for long-term business growth if the company performs well.

However, a low share price alone should not be the reason to invest. A company's financial strength and future prospects are equally important.

Stocks under ₹20 may appeal to investors looking for affordable investment opportunities. However, their potential benefits should always be evaluated alongside the associated risks.

Stocks priced below ₹20 are generally more volatile than shares of well-established companies. Understanding these risks can help you make more informed investment decisions.

Since every company is different, evaluating each stock individually is essential instead of relying only on its share price.

Before investing in stocks under ₹20, consider the following factors.

Industry outlook

Understand the industry in which the company operates. Businesses in expanding sectors may have better long-term growth opportunities than those in declining industries.

Financial performance

Review the company's revenue, profitability, debt levels, cash flow, and management quality. Strong fundamentals can provide better insight into the company's financial health.

Liquidity

Check the stock's trading volume. Stocks with higher liquidity are generally easier to buy and sell than those with very low trading activity.

Portfolio diversification

Avoid investing your entire portfolio in a single low-priced stock. Diversifying across sectors and companies may help reduce overall investment risk.

Stocks under ₹20 can provide an affordable entry point into the stock market, particularly for investors looking to explore small-cap and micro-cap companies. However, these investments also carry higher risks because of their volatility, lower liquidity, and greater business uncertainty.

Before investing, evaluate each company's financial performance, business model, competitive position, and industry outlook rather than focusing only on its share price. Conducting thorough research and maintaining a diversified portfolio can help you make more informed investment decisions.

The companies mentioned in this article were trading below ₹20 per share, as verified on July 7, 2026. Share prices and market capitalisation change regularly with market conditions. The securities quoted are for example purposes only and not a recommendation.