Introduction
Looking for the next multibagger opportunity in the Indian stock market? In this article, we reveal a powerful strategy to find high-potential stocks under ₹100 using a smart screener formula backed by fundamentals and institutional interest. These filters will help you target small-cap gems poised for long-term wealth creation.
Why Focus on Stocks Under ₹100?
Stocks priced under ₹100 are generally from the small- or mid-cap segment and can offer explosive growth if backed by strong fundamentals. However, not all low-priced stocks are worth your money. That’s why we’ve combined a data-backed approach to eliminate weak stocks and highlight only the worthy
Smart Screener Formula Criteria
Here’s the exact formula used to screen the best multibagger picks:
Current price > 50 AND
Current price < 100 ANDMarket Capitalization < 5000 AND
Sales growth 5Years > 15 AND
Profit growth 5Years > 15 AND
Sales growth > 10 AND
Net profit growth > 10 AND
ROCE > 15 AND
ROE > 12 AND
Debt to equity < 0.5 AND
PEG Ratio < 1.5 AND
Price to Book < 4 AND
Promoter holding > 50 AND
OPM > 15 AND
Pledged percentage < 5 AND
FII holding > FII holding 1 quarter ago OR DII holding > DII holding 1 quarter ago
Explanation of Each Filter
Filter PurposePrice ₹50–₹100 Targets affordable but solid stocks
Sales & Profit Growth > 15% Indicates business scalability
ROCE > 15% / ROE > 12% Reflects capital efficiency
Low Debt (D/E < 0.5) Financial stability
PEG Ratio < 1.5 Valuation vs growth balanced
Promoter Holding > 50% Management confidence
Low Pledged Shares Lower risk of distress
Sector Focus
Targeting future growth themes (Infra, Renewable, Defense)
FII/DII Interest Institutional validation of quality
Why FII/DII Buying Matters?
Institutional investors conduct deep research before investing. An increase in FII or DII holding in a stock is often an early signal that the company has solid potential and may outperform.
Top Sectors to Watch
Renewable Energy – India’s energy transition is a multidecade themeI
nfrastructure – Supported by government spending
Defense – Indigenization and exports boosting growth
Disclaimer
This article is for educational purposes only. Stock market investments are subject to risks. Always do your own research or consult a SEBI-registered advisor before investing.