3 Stocks under ₹100 with strong orderbook of up to ₹84,000 Cr to add to your watchlist

3 Stocks under ₹100 with strong orderbook of up to ₹84,000 Cr to add to your watchlist


Investing in the stock market offers a range of opportunities, especially for those looking to explore affordable yet high-potential options. 

Stocks priced under Rs. 100 often attract significant attention due to their accessibility and potential for growth. When these stocks come with a robust order book—indicating strong business demand and future revenue visibility—they can present a compelling case for investors. 

Following are a few stocks under Rs. 100 with a high order book of up to Rs. 84,000 crores to keep in your radar: 

1. Suzlon Energy Limited

With a market cap of Rs. 75,851.8 crores, the stock surged by around 0.6 percent on BSE to Rs. 58.23 on Friday. The stock has delivered positive returns of nearly 28 percent in one year and around 16.5 percent of negative returns in one month. 

As of October 2024, Suzlon’s wind energy order book reached 5,131 MW, marking a 3.2-fold increase from 1,613 MW in September 2023. 

The company now holds its highest-ever domestic order book of 5.1 GW, supported by a robust pipeline that offers a clear revenue outlook. In Q2 FY25, Suzlon secured its largest single order of 1,166 MW from NTPC. 

The management plans to complete the entire 5.1 GW order book within 18-24 months. 

The company experienced a significant growth in its revenue from operations, showing a year-on-year rise of around 48 percent to Rs. 2,103 crores in Q2 FY25, accompanied by around 97 percent rise in net profit to Rs. 201 crores. 

Suzlon Energy Limited is primarily engaged in the business of manufacturing, project execution and operation and maintenance service (OMS) of Wind Turbine Generators (WTGs) and the sale of related components of various capacities. 

2. Patel Engineering Limited

With a market cap of Rs. 4,080.8 crores, the stock surged by around 1 percent on BSE to Rs. 49.29 on Friday. The stock has delivered negative returns of nearly 23.5 percent in one year, as well as around 15.3 percent in one month. 

As of September 2024, the order book of Patel Engineering stood at Rs. 17,260.7 crores.

The company experienced a significant growth in its revenue from operations, showing a year-on-year rise of around 15 percent to Rs. 1,174 crores in Q2 FY25, accompanied by around 92 percent rise in net profit to Rs. 73 crores. 

Patel Engineering Limited is engaged in the business of constructing dams, bridges, tunnels, roads, piling works, industrial structures and other kinds of heavy civil engineering works in areas like hydro, irrigation & water supply, urban infrastructure and transport. 

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3. NBCC (India) Limited 

With a market cap of Rs. 22,801.5 crores, the stock surged by around 0.4 percent on BSE to Rs. 88.09 on Friday. The stock has delivered positive returns of nearly 37 percent in one year but around 18 percent of negative returns in one month. 

As of September 2024, the consolidated order book of NBCC stood at more than Rs. 84,400 crores. 

The company experienced a significant growth in its revenue from operations, showing a year-on-year rise of around 19.4 percent to Rs. 2,459 crores in Q2 FY25, accompanied by around 52.4 percent rise in net profit to Rs. 125 crores. 

NBCC (India) Limited, a Government of India Navratna Enterprise under the Ministry of Housing and Urban Affairs, operates in three major segments – Project Management Consultancy, Engineering Procurement & Construction (EPC), and Real Estate. 

Written by Shivani Singh

Disclaimer

The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.


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