In this growing world, many resources are available to earn money. But the best and trustable source is the ‘ Stock Market ‘. The stock market is a market where you buy & sell shares and if you’re good at investing, you know where you’ll find profit & make your money double. Then the stock market is a legal place where you can earn money by using your mind. Let’s know about Cheap Stocks To Buy Now.
If you’re new in the field and you don’t have any idea about which shares you should buy. So don’t worry, this article is only for you. With the help of this article you’ll find the best & lowest rated shares which you can buy & invest in. As a beginner, you should take a low risk of buying low-rated shares.
•Top 8 Low rate stocks?
1] Yes Bank:‐
If you want to buy shares at a low rate. Then ‘Yes Bank ‘ is best for you. Yes Bank is an Indian bank and the founder of this bank was Rana Kapoor & Ashok kapur in 2004. You can buy its shares for just ₹12.80. Many people invest their money in these company shares. Not only people, the state bank of India is currently the largest share holder with 30% of shares in the company. It would be a good decision to buy shares of ‘Yes Bank ‘.
2] Vodafone Idea:-
The other low rate of shares are ‘Vodafone Idea ‘ company’s shares. It’s an Indian- based telecom service provider. You can buy its shares at ₹8.35. It will be a good start to invest your money in Vodafone Idea’s company. It is a trustable and good company for buying shares. It’s Vodafone Idea business services providers communication solutions to global and Indian corporation, small & medium enterprises, government bodies, start-up & public sector.
3] UCO Bank:–
UCO Bank stands for ‘United Commercial Bank’. It was established in 1943. The founder of UCO Bank is GD Birla and now its ownership is under the Ministry of finance. It is an Indian Commercial Bank. The shares of UCO Bank’s price is ₹11.15. You can buy its shares at a variable price. It is a trusted and good company to invest in. UCO Bank offers personal, corporate, rural, & international banking services.
4] Bank of Maharashtra:–
Putting your savings in banks is good for your future, but investing your little piece of money in your bank’s shares is better for your future. Bank of Maharashtra is an Indian bank and its owned by the government of India. The founders of this bank are V.G Kale & D.K Sathe. There are around 1,900 branches of it across the country. The shares of Bank of Maharashtra’s price is ₹15.85 only. Now you can make more money from starting by investing in its shares ₹15.85 only.
5] Suzlon Energy:-
If you’re still looking for low-priced shares. Then Suzlon Energy Company’s shares are best for you. You can buy its shares at ₹6.65 only. The price of its shares is very low and it’s best for a beginner to invest his money in the stock market. Suzlon Energy is a renewable energy solutions company. The company is a producer of wind turbines.
6] Punjab & Sind Bank:-
Punjab & Sind Bank is an Indian nationalised bank. The headquarters of it is located in New Delhi. There are approximately 1526 branches across India. Out of them, 635 branches are located in the state of Punjab. This bank was founded 24 June 1908 and it’s 114 years old. The price of its shares is low and reliable. It’s ₹14.50 only. Many people are holding this company’s shares, then why are you waiting to take action?
7] Jaiprakash Power Ventures Ltd:-
As of 1st July 2022, Jaiprakash Power Ventures Ltd’ shares price is ₹6.40 and it’s a good buy shares for the long term.
8] Reliance Power:-
Reliance Power limited (R-Power) is a part of the Reliance Anil Dhirubhai Ambani Group. The founder of this company is Dhirubhai Ambani. It was established on 17 January 1995. Reliance Power operates & maintains power projects in the Indian & international market. The net income of Reliance is ₹228.63 crore (US $ 30 million). You can be a part of this company by buying its shares at ₹ 11.35 only.
Now these are the top 8 low-priced shares listed. You can start being a part of this company by purchasing its shares. Now, don’t wait for an opportunity, just create it.
•Before buying shares, you should know some basic concepts about the stock market.
•What is Stock Market?
The stock market is where many investors buy & sell shares of companies. On the stock market, many companies issue shares & other securities for trading.
•What are shares?
Shares mean a share in the share capital of a company & includes stocks.
Share is the smallest unit in the total share capital of a company.
•Types of Shares
Generally, there are two types of shares,
A) Equity Shares
B) Preference Shares
A) Equity Shares:-
Equity shares are also known as ‘ Ordinary Shares ‘. The equity shares do not enjoy preference for dividend and these shares do not have priority for repayment of capital at the time of winding up of the company. These shareholders own the company & bear the ultimate risk associated with ownership.
B) Preference Shares:
– These shares have certain preferential rights distinct from those attached to equity shares. These shareholders have a right to payment of dividends during the life of the company & these share holders get a return of capital in the event of winding up of the company.
In this world, many people become billionaires by investing their money in the stock market at a young age. The stock market has a risk, but without any risk, people can’t get anything in life. Risk is important & also scary, but the risk in the stock market should be less if you take a safe step by investing small amounts of money in the beginning. So we have found some of the best low-priced shares for you. The following are best Companies.
- Yes Bank
- Vodafone Idea
- UCO Bank
- Bank of Maharashtra
- Suzlon Energy
- Punjab & Sind Bank
- , Jaiprakash Power Ventures Ltd
- Reliance Power
Hope we help you to start a career in stock market. Always remember every big achievement starts with a small path.
•Questions
1] Is the stock market safe?
Answer:-Yes , the stock market is safe but there is a little risk in this.
2] Which shares should I prefer?
Answer:- Preference shares is safe and good for a beginner. There is a low risk in preference shares.
