Low price high growth stocks in 2022

In this topic, we are going to cover 5 Low price high growth stocks in 2022. Whose market prices are very low under 100 rupees. There is a misconception in almost every investor's mind, which is if a stock's market price is low then the stock is cheap.

Where it is absolutely wrong. The share value of a company can be understood by seeing its earnings and earnings potential. Generally, by using valuation ratios like price-to-earnings ratio and price-to-book ratio we can say whether the company is expensive or not.

But these tricks are always not accurate. There are a lot of students or newly join employees are want to invest in the stock market but they don't have enough capital to buy expensive shares.

That's why we share with you some low price high growth stocks to invest in the stock market. The shares we are listed are not only low in market price but also financially strong and don't have high-risk factors. So, for low-budget investors, this is a great buying opportunity.

Those stocks are selected on our list whose market capitalization is more than 1000 crores, debt and equity ratio is 1 or less than 1, ROE is more than 10%, last 5 years sales growth rate CAGR is more than 15% and the profit growth of last 5 years is 15% above.

These are 5 Low price high growth stocks in 2022.

First company

The first company on our list is Morepen Laboratories Limited. This company is involved in manufacturing and marketing Active Pharmaceutical Ingredients and branded and generic formulations and home health products and services.

The PE ratio of the company is 22.22 and the Debt to Equity ratio is 0.02. If we talk about profitability then the company's Return on equity is 29.20% and Net profit is 8.17%.

The sales of this company have compounded 19.62% in the last 5 years. Stocks of this company have increased 26.9% in the last 1 year. The annual return of this company in the last 5 years is 17.17%.

Now, let's talk about the stocks of this company from the angle of technical analysis. We are using 2 indicators which are 200 DMA and RSI.

• 200 DMA
• 
  
• The stock price of this company is now 46 rupees while the 200 DMA of this company is 53 rupees. This means this stock is below the 200 DMA. This indicates a bearish trend is going on in the stocks
• RSI
• 
  
• The value of daily RSI is 63.45. If the RSI of any company closes at the level of 60 then there is a high chance to start an uptrend. So here we can see that the 200 DMA indicates a bearish trend and the RSI suggests an upward trend.

Second Company

The second company on the list is Dolat Algotech Limited. This company is involved in security brocking and treading business. The PE ratio of this company is 8.56 and the debt to equity ratio is 0.43.

If we talk about profitability then the return of equity of this company is 50.30% and the net profit of this company is 67.06%. Sales of the company in the last 5 years have compounded by 19.68%.

The stocks of this company have increased 33.33% in the last 1 year. The annual return of this company in the last 5 years is 103.12%. Now, let's talk about the stocks of this company from the angle of technical analysis.

Second Company

• 200 DMA

The company's stock price is now at the level of 90 and the price of 200 DMA is also at 90.

• RSI 

The daily price of RSI is at the level of 60 which also indicates this stock to an uptrend.

Third Company

The third company on our list is Rail Vikas Nigam Limited. This is a PSU company involving many rail infrastructure implementation projects. The PE ratio of this company is 6.36 and the debt to equity ratio is 1.02.

If we talk about the profitability of this company then the return on equity is 17.26% and the net profit margin is 5.99%. The sales of this company in last 5 years is 27.68%. The stocks of this company have increased 12.36% in the last year.

In April 2019 the company was listed on the stock exchange So far the company has given a return of around 89.44% from its issue price. Now, let's talk about the stocks of this company from the angle of technical analysis.

• 200 DMA

The share price of the company is currently at 34 and the 200 DMA is at the level of 33. As the stock price is a bit higher than 200 DMA. So we can say that the stock is positive and hopeful.

• RSI

The daily price of RSI is at the level of 60 which also indicates this stock to an uptrend.

Fourth Company

The fourth company on our list is TV 18 Broadcast Limited. It is involved in the broadcasting and digital content business. The PE ratio of the. company is 21.80 and the debt to equity ratio is 0.17.

If we talk about profitability then the Return on Equity of the company is 11.50% and the net profit is 16.58%. The sales of the company have increased 37.21% in the last 5 years.

Stock's growth of the company in the last 1 year is 167.42%. The annual return of the company in the last 5 years is 12.38%. Now, let's talk about the stocks of this company from the angle of technical analysis.

• 200 DMA

The stock price of the company is 75 while the 200 DMA is 48.3%. So we can say from the perspective of 200 DMA the stock is very positive.

• RSI

The daily price of RSI is 60. Which indicates that the stock is very hopeful.

Fifth Company

The fifth and the last company on our list is Wardwizard innovation and mobility-limited. It is involved in the manufacturing of electric vehicles.

The PE ratio of this company is 332.05 and the debt to equity ratio is 0. It is a debt-free company. If we talk about profitability then the Return on Equity of the company is 11.28% and the net profit is 4.76%.

The sales of the company in the last 5 years have compounded 190.50%. In the last 1-year company's stock has been down 2.13%. The annual return of the company in the last 5 years is 66.17%. Now, let's talk about the stocks of this company from the angle of technical analysis.

• 200 DMA

The share price of the company is 75 while the 200-day moving average of the company is 76.8%. Because the stock crossed 200 DMA with a downside. So, we can say stock may be in a downtrend.

• RSI

The Daily RSI value of the stock is 42. Which indicates there is no significant movement in the stock.