Stocks under ₹50: shares below 50 rupees on NSE and BSE

The page applies one cut-off: the latest exchange close is ₹50 or less. Nothing else is filtered unless the reader adds a sector, size or name filter. Because the test is on the closing price, a share that crosses ₹50 in either direction moves on or off the list after the next close.

Under ₹50, very large companies with many shares sit beside very small ones. Market cap, the share price multiplied by the number of shares, ranks the list from the largest companies down. A company with a very large share count can trade under ₹50 and still be big, and a tiny company can trade far above it.

Penny stock is a loose label for low-priced, usually small and thinly traded shares. ₹50 is this page's own line, not a rule. Many shares on this list are not penny stocks in the usual sense, and some low-priced ones are very small.

SEBI and the exchanges place some shares under surveillance measures: the Additional Surveillance Measure (ASM), the Graded Surveillance Measure (GSM) and the Enhanced Surveillance Measure (ESM). These can cut a share's price band or move it to trade-for-trade settlement or periodic call auctions. ESM covers companies with a market cap under ₹1,000 crore, picked on price variation and standard deviation. The lists change often, and this page does not filter on them.

P/E is market cap divided by profit of the last four quarters attributable to the company's own shareholders, and shows a dash for a loss-making company. ROCE is operating profit after depreciation, leaving out other income and one-off items, as a percentage of net worth plus borrowings. Price changes are adjusted for splits and bonuses and exclude dividends.