PSU stocks list under Rs 100 with price

Written by : Sarmeeli Mallick Updated May 4, 2024 | 06:18 PM IST PSU stocks under Rs 100, PSU stocks under Rs 100 list: Public Sector Undertakings (PSUs) are companies owned and operated by the Indian government.

PSU stocks under Rs 100, PSU stocks under Rs 100 list: Public Sector Undertakings (PSUs) are companies owned and operated by the Indian government. These are basically companies where at least 51 per cent of ownership is with the Indian government.

PSUs are one of the most crucial drivers assisting in the economic development of the country. They have been contributing to employment generation, infrastructure growth, and the overall well-being of society. The primary objective of the PSU industry is to serve and meet the public interest rather than boosting profits. Indian PSUs operate in numerous sectors, including energy, banking, manufacturing, mining, telecommunications, defence, steel, etc.

PSU stocks are one of the most popular stocks among share market investors due to their growth, consistency, and government support. Take a look at major PSU stocks under Rs 100.

PSU stock under Rs 100: FULL LIST

1. NHPC Ltd (Current Share Price : Rs 99.23)

NHPC is a leading hydropower company in India. The renewable energy sector is witnessing significant growth, and NHPC is well-positioned to benefit from this trend. The company is a constituent of S&P BSE 200 and boost a market capitalisation of Rs 99,676.88 crore, as of May 4, 2024. The shares of NHPC closed at Rs 99.23, on Friday, up 1.24 per cent from the previous close of Rs 98.01.

2. Bank of Maharashtra (Current share price: Rs 68.40)

The Bank of Maharashtra (BoM) is a public sector bank headquartered in Pune, Maharashtra. It is one of the leading public sector banks in India with a strong presence in rural and semi-urban areas. The company is a constituent of S&P BSE 500 and boosts a market capitalisation of Rs 48,436.60 crore. Shares of Bank of Maharashtra ended at Rs 68.40 on Friday.

3. Central Bank of India (Current share price: Rs 65.12)

Central Bank of India (CBI) is a public sector bank headquartered in Mumbai, Maharashtra. It is one of the oldest and largest commercial banks in India, with a network of over 4,497 branches and 49,234 ATMs across India as of March 2023. The company is a constituent of S&P BSE 500 and has a market capitalisation of Rs 56,530.28 crore. The shares of CBI closed at Rs 65.12 on Friday, down 1.62 per cent from the previous close of Rs 66.19.

4. HMT Ltd (Current Share Price: Rs 57.15)

HMT Limited, formerly Hindustan Machine Tools Limited, is an Indian state-owned manufacturing company under the control of the Ministry of Heavy Industries. The company boosts a market capitalisation of Rs 2,689.88 crore, as of May 4, 2024. Shares of HMT closed on Rs 57.15 on Friday, down 1.91 per cent from the previous close of Rs 58.26.

5. IDBI Bank (Current Share Price: Rs 89.41)

IDBI Bank Ltd is a constituent of S&P BSE 200 and has a market capitalisation of Rs 96,137.23 crore, as of May 4, Shares of IDBI Bank closed at Rs Rs 89.41 on Friday, down 1.91 per cent against the previous close of Rs 91.15.

6. Indian Overseas Bank (Current Share Price: Rs 66.23)

Indian Overseas Bank (IOB) is a major public sector bank headquartered in Chennai, Tamil Nadu, India. It is one of the largest public sector banks in India, with a network of over 3,400 branches and 48,000 ATMs spread across India and overseas as of March 2023. A constituent of S&P BSE 200, Indian Overseas Bank (IOB) has a market capitalisation of Rs 1,25,190.68 crore, as of as of May 4. The shares of IOB closed at Rs 66.23 on Friday.

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7. MMTC (Current share price: Rs 73.94)

MMTC Limited (MMTC) is a Public Sector Undertaking (PSU) headquartered in New Delhi, India. It's a leading international trading house focusing on importing and exporting various commodities. MMTC is a constituent of S&P BSE 500 and has a market cap of Rs 11,091 crore, as of May 4, 2024. Shares of MMTC closed at Rs 73.94, down 1.26 per cent from the previous close of Rs 74.88.

8. MTNL (Current share price: Rs 38.05)

Mahanagar Telephone Nigam Ltd. (MTNL) is a Public Sector Undertaking (PSU) that provides fixed-line telephone and broadband services in Delhi and Mumbai. The company is a constituent of S&P BSE SmallCap and has a market cap of Rs 2,397.15 crore. Shares of MTNL closed at Rs 38.05, on Friday up 0.03 per cent from the previous close of Rs 38.04.

9. Punjab & Sind Bank (Current share price: Rs 60.78)

Punjab & Sind Bank (PSB) is a Public Sector Undertaking (PSU) bank headquartered in Delhi. Shares of PSB closed at Rs 60.78 on Friday, down 2.36 per cent from the previous close of Rs 62.25. The company is a constituent of S&P BSE 500 with a market cap of Rs 41,195.39 crore, as of May 4, 2024.

10. UCO Bank (Current share price: Rs 55.53)

UCO Bank is a Public Sector Undertaking (PSU) bank headquartered in Kolkata. It offers a wide range of banking products and services to retail, corporate, and institutional customers. The company is a constituent of S&P BSE 200 with a market cap of Rs 66,391.44 crore. Shares of UCO Bank closed at Rs 55.53 on Friday, down 1.32 per cent from the previous close of Rs 56.27.

It's crucial to remember that stock prices are constantly changing. The prices mentioned here are indicative as of May 4, 2024.

However, research the company's financial health, future prospects, and management team before investing in any stock. Align your investment choices with your risk tolerance and investment horizon.

(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)

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