As per the price as on July 30, 29 hydropower companies, 15 finance companies, 11 development banks, 5 commercial banks and one each from hotel, trading and other subgroup have stock price less than Rs 200.
Commercial banks, development banks and other companies that have been giving good dividends and have potential to continue the trend can also be purchased below Rs 200.
In the domestic stock market, stock price of hydropower companies are comparatively lower than other companies. Few of them are under the face value.
