Stocks: Investing in the stock market can sometimes feel like navigating through a maze. For beginners, or even experienced investors looking for small-cap opportunities, choosing the right stocks under ₹100 can be both exciting and daunting. On Monday, October 6, 2025, Sumeet Bagadia, Executive Director at Choice Broking, has shared his expert recommendations, highlighting three promising stocks that traders might consider.
Bagadia’s approach emphasizes both technical analysis and market sentiment. He notes that the Nifty 50 is currently in a delicate phase, forming a strong base at 24,500 but facing resistance at the 50-day EMA level of 24,900. Until this resistance is decisively broken, any upward movement should be considered a relief rally rather than a definitive bullish trend. According to Bagadia, investors should focus on stocks showing technical strength within this context, ensuring that potential gains are backed by solid fundamentals.
Vikran Engineering Potential for Steady Gains

The first stock Bagadia has highlighted is Vikran Engineering, which is currently priced at ₹97.20. The recommendation comes with a target price of ₹105 and a stop loss at ₹93.6, offering a clear risk-to-reward ratio for investors. Vikran Engineering has shown consistent performance in recent trading sessions, making it an appealing choice for traders seeking affordable growth stocks.
The appeal of Vikran Engineering lies in its steady business model and the potential to benefit from increasing industrial demand. For investors, this stock represents a calculated opportunity to enter the market at a sub-₹100 price point while maintaining a level of safety through defined stop losses. While the market may fluctuate, stocks like Vikran Engineering can offer stability and incremental gains for those patient enough to hold through minor volatility.
Andhra Paper A Strong Performer in the Paper Industry
The second recommendation is Andhra Paper, priced at ₹85.3, with a target of ₹91.5 and a stop loss of ₹82.2. Paper stocks often receive less attention compared to tech or banking shares, but Andhra Paper has carved out a niche with steady demand and operational efficiency.
Bagadia’s recommendation suggests that this stock could provide an opportunity for investors looking for growth potential in overlooked sectors. The paper industry, while traditional, remains essential in India, supplying both educational and commercial needs. Andhra Paper’s ability to maintain profitability, combined with its affordable stock price, makes it a compelling addition to a diversified investment portfolio. For cautious investors, the clearly defined stop loss also helps manage downside risk, creating a balanced approach to investing under ₹100.
MMTC Unlocking Opportunities in Trade
Finally, Bagadia recommends MMTC, which is currently trading at ₹69.6. The target price for this stock is ₹75, and the stop loss is set at ₹67. MMTC, a government-linked trading company, often benefits from policy-driven demand and export-import activities, positioning it as an interesting candidate for both short-term traders and long-term investors.
MMTC’s stock offers a low-cost entry point with potential upside, making it accessible for retail investors who want exposure to commodity trading without investing large amounts. While market fluctuations can affect the short-term performance of MMTC, strategic buying at the current price level could yield appreciable returns, especially if broader market trends support trade and industrial growth.
Balancing Risk and Opportunity

The three stocks recommended by Sumeet Bagadia Vikran Engineering, Andhra Paper, and MMTC share a common advantage: they are all priced under ₹100, offering entry points for investors with modest capital. More importantly, each recommendation comes with a defined target price and stop loss, helping investors make informed decisions while managing risk.
Investing in affordable stocks can be rewarding, but it requires patience, vigilance, and careful monitoring of market trends. Bagadia’s insights serve as a reminder that even small-cap stocks under ₹100 can provide meaningful opportunities when chosen wisely. By focusing on technical strength and realistic profit targets, investors can navigate the market with confidence, turning cautious optimism into tangible gains.
In a market that can sometimes feel unpredictable, having expert guidance helps in making choices that are informed, balanced, and potentially profitable. Stocks like Vikran Engineering, Andhra Paper, and MMTC exemplify the kind of opportunities that exist in India’s dynamic stock market, even for those working with limited investment amounts.
Disclaimer: This article is for educational purposes only. The views and recommendations mentioned above belong to individual analysts or broking companies and do not constitute financial advice. Investors should consult certified financial experts before making any investment decisions.
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