Introduction
Investing or trading in the stock market can feel like a rollercoaster ride, one that opens you up to opportunities based on the risk you can take on. Volatility stocks perfectly embody this journey. These stocks experience significant price changes within a short period. The stock market volatility is measured based on how much a stock's price deviates from its previous value. This gives you opportunities for substantial gains and risks of severe losses. The key is to strategise well and make your move. If you are ready, this blog is for you.
Top 10 most volatile stocks in India
Here's a list of some of the top volatile stocks in India that you can look into:
A global automobile manufacturer, Tata Motors Ltd produces cars, commercial vehicles, and construction equipment. Due to its global operations, it experiences significant price swings. Its market capitalisation is at Rs.3,32,503.99 crores, while the P/E ratio is at 47.94, with earnings per share of Rs. 18.84 and dividend yield of 1.41% as of 20th October 2024.
Vodafone Idea Ltd is a telecommunications service provider, offering mobile services, and broadband solutions. Its stocks remain volatile due to regulatory changes and the company's efforts to turn around its financial performance. Its market capitalisation is Rs.59,314.54 crores, with a zero dividend yield, P/E ratio, and earnings per share as of 20th October 2024.
Zee Entertainment Enterprises Ltd is a media and entertainment company that hosts TV channels, digital platforms, and production studios. The sectoral shifts and evolving consumer behaviour make its stock fluctuate. Its market capitalisation is Rs.12,121.76 crores with a P/E ratio of 18.95, Rs.6.66 earnings per share, and a 0.79% dividend yield as of 20th October 204.
Suzlon Energy Ltd is one of India's leading renewable energy companies. It specialises in manufacturing wind turbines and providing wind energy solutions. This stock is volatile with a market capitalisation of Rs.95,594.83 crores, 407.73 P/E ratio, Rs.0.15 earnings per share, and a dividend yield of 0.00% as of 20th October 2024.
Shree Renuka Sugars Ltd operates in the sugar manufacturing sector and produces ethanol and renewable energy. Factors like government export policies and global sugar prices lead to this stock's volatility. Its market capitalisation is Rs.9069.49 crores with the P/E ratio, earnings per share, and dividend yield standing at zero as of 20th October 2024.
Formerly known as Indiabulls Housing Finance Ltd, this company is one of India's largest housing finance companies. It offers loans for housing, construction, and mortgages. Interest rate fluctuation and macrocosmic factors lead to its volatility. Its market capitalisation is Rs.10,372.49 crores with a P/E ratio of 10.31, Rs.13.78 earnings per share, and 1.11% dividend yield as of 20th October 2024.
Adani Enterprises Ltd is a diversified conglomerate with businesses in sectors like energy, logistics, and infrastructure. Its exposure to multiple industries makes it prone to volatility. Its market capitalisation is Rs.3,39,057.9 crores with a P/E ratio of 118.5, Rs.24.78 earnings per share, and a dividend yield of 0.04% as of 20 October 2024.
Motilal Oswal Finances Ltd is a leading brokerage and financial services company. It offers management, asset management, and investment advisory services. Being tied to market movements makes it susceptible to volatility. Its market capitalisation is Rs.57,729.5 crores, with a P/E ratio of 33.52, Rs.28.77 earnings per share, and 0.44% dividend yield as of 20th October 2024.
This company is a subsidiary of P&G and focuses on personal hygiene and healthcare products. Traditionally a stable stock, it experiences volatility during economic demand shifts, regulatory changes, and shifts in consumer preferences. Its market capitalisation is Rs.53,261.25 crores with a 78.57 P/E ratio and Rs.207.95 earnings per share as of 20 October 2024.
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Dish TV India Ltd provides Direct-to-Home (DTH) satellite television services in India. With the increasing competition from OTT platforms and changing media consumption, the stock experiences volatility. Its market capitalisation is Rs.2,445.23 crores, with the P/E ratio, earnings per share, and dividend ratio standing at 0 as of 20th October 2024.
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Conclusion
With these high-volatility stocks, you can set yourself up for potentially substantial returns with an equally higher risk. You should approach these stocks with caution and prepare yourself for price fluctuations. Once you look at the market changes, you are good to go. Be it trading for short-term gains or building a long-term portfolio, thorough research and risk management will help you make the most of volatility stocks. You can incorporate them in your trading strategy to capitalise on market movements with preparation to navigate the risks.
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