Top Shares Below ₹10 in November 2024 Based on 5Y CAGR

Stocks below 10 rupees shares are known for their high risk and high reward when chosen wisely. Below 10 rupees shares are inexpensive but very volatile. To reduce risk, it’s essential to have a well-diversified portfolio. Be sure to understand your risk tolerance and investment goals before buying these stocks. In this article, we’ll cover some of the top most active shares below rs 10 in India in November 2024 based on the 5-year CAGR.

Best Shares Below Rs10 In India In November 2024 – 5-Yr CAGR Basis

Note: The top 10 shares below ₹10 list in India in November here are sorted as per the 5-yr CAGR as of November 06, 2024. 

Overview Of Below 10 Rs Share Price List In India In November 2024

• Cressanda Railway Solutions Ltd

Founded in 1985, Cressanda Railway Solutions Ltd operates in the trading and services sector, focusing on railway concierge services. The company specializes in IT, digital media, and IT-enabled services. On November 05, 2024, Cressanda Railway Solutions share price opened at  ₹8.55 and reached a high of ₹8.67  on NSE.

In the quarter ending September 2024, the company’s revenue decreased to ₹6.04 crore from ₹61.50 crore in the previous quarter. 

Key metrics: 

• Return on equity (ROE): 6.97%
• Earning per Share (EPS): ₹0.24
• Integra Essentia Ltd

Founded in 2007, Integra Essentia Ltd operates in essential sectors, including food (agricultural products), clothing (textiles and garments), infrastructure (materials and services for construction and development), and energy (materials, products, and services for renewable energy projects). Integra Essentia’s share price has shown strong growth, with a CAGR of 95.75% over the last 5 years.

For the quarter ended September 2024, the company’s revenue increased to ₹131.10 crore from ₹86.06 crore in the preceding quarter. 

Key metrics: 

• EPS: ₹0.09
• ROE: 5.63%
• Greencrest Financial Services Ltd

Established in 1993, Greencrest Financial Services Ltd focuses on financing and investment activities in shares and securities. Registered as a Non-Deposit Taking NBFC by the RBI, the company is involved in financing and trading across the equity, F&O, and commodities markets. Additionally, it deals in government and non-government bonds, fixed deposits, and other capital market investments. Greencrest Financial Services share price has shown strong growth, with a CAGR of 79.05% over the last 5 years.

For the quarter ended September 2024, the company’s revenue increased to ₹21.47 crore from ₹12.71 crore in the preceding quarter. 

Key metrics: 

• EPS: ₹0.08
• ROE: 5.44%
• Longspur International Ventures Ltd

Confidence Finance & Trading operates in financial services and trading. Founded as Confidence Trading Company Limited in 1980, it later became Confidence Finance and Trading Limited, with a new certificate of incorporation in 2014.  Longspur International Ventures share price has shown strong growth, with a CAGR of 78.82% over the last 5 years.

For the quarter ended September 2024, the company’s revenue increased to ₹0.50 crore from ₹0.41 crore in the preceding quarter. 

Key metrics: 

• EPS: ₹0.33
• ROE: 1.54%
• NHC Foods Ltd

Founded in 1960, NHC Foods Ltd specialises in manufacturing and exporting whole and blended spices. The company operates an ISO and HACCP certified facility that supplies ground spices and spice blends to major food multinational companies and fast-food chains worldwide. NHC Foods has also developed a packaging unit offering flexible packaging tailored to client needs. NHC Foods share price has shown strong growth, with a CAGR of 75.71% over the last 5 years.

For the quarter ended September 2024, the company’s revenue decreased to ₹67.34 crore from ₹79.54 crore in the preceding quarter. 

Key metrics: 

• EPS: ₹0.30
• ROE: 12.80%

Risks of Investing in below 10 rs share

• High Risk: While below 10 rs share can offer strong returns, they also come with significant risk due to their high volatility.
• Low Liquidity: Although shares below 10 rs are cheap, they tend to be illiquid. Their high risk makes many investors hesitant to buy them, which can make it hard to sell when needed.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.