Under Rs 2150 Stocks to Buy in November 2026: 5 Names on the Watchlist
- November 11, 2026
- Posted by: Kunal Singla
- Category: Best Stocks
Avalon Rs 1,856. Bombay Burmah Rs 1,280. Happy Forgings Rs 1,802. ICICI Bank Rs 1,589. JSW Steel Rs 1,347. NSE closing prices, 9 Nov 2026.
Quick Answer
Five under Rs 2150 stocks to buy on the November 2026 watchlist are Avalon Technologies, Bombay Burmah Trading Corporation, Happy Forgings, ICICI Bank and JSW Steel. All five grew revenue in their latest full year, and all five also grew net profit. Bombay Burmah Trading Corporation has both the lowest P/E at 3.19 and the highest return on equity at 17.65%. Check each valuation against your own risk appetite before acting.
The under Rs 2150 stocks to buy in November 2026 start with five listed names: Avalon Technologies, Bombay Burmah Trading Corporation, Happy Forgings, ICICI Bank and JSW Steel. Stocks under Rs 2,150 include an electronics maker, a plantation and trading group, a forgings maker, a large private bank and a steel producer, priced from about Rs 1,280 to Rs 1,856. ICICI Bank is part of the Bank Nifty index and JSW Steel is part of the Nifty Metal index.
This article ranks none of them as a sure thing. It lays out the numbers each company has reported, how the shares are priced today and what an investor should check before adding any of these under Rs 2150 stocks to buy to a portfolio. All prices are NSE closing prices of 9 November 2026, and financials come from company filings.
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Which Are the Best Under Rs 2150 Stocks to Buy in November 2026?
The best under Rs 2150 stocks to buy in November 2026 for a watchlist are Avalon Technologies, Bombay Burmah Trading Corporation, Happy Forgings, ICICI Bank and JSW Steel. They were picked because each has complete reported financials, profit in the latest quarter and an NSE listing. The table puts their market data side by side.
| Company | CMP (Rs) | Market Cap | P/E | ROE | Dividend Yield |
|---|---|---|---|---|---|
| Avalon Technologies | 1,856 | Rs 13,719 crore | 102.66 | 15.65% | 0.00% |
| Bombay Burmah Trading Corporation | 1,280 | Rs 8,236 crore | 3.19 | 17.65% | 1.44% |
| Happy Forgings | 1,802 | Rs 16,943 crore | 51.75 | 14.17% | 0.22% |
| ICICI Bank | 1,589 | Rs 9,86,882 crore | 15.71 | 15.39% | 0.87% |
| JSW Steel | 1,347 | Rs 3,05,975 crore | 9.65 | 11.86% | 0.71% |
On valuation, Bombay Burmah Trading Corporation and JSW Steel trade below the industry P/E; Happy Forgings sits close to it; Avalon Technologies and ICICI Bank carry a premium. Valuation is the first filter for any under Rs 2150 stocks to buy list, and it is covered again in the risk section.
Why These Under Rs 2150 Stocks to Buy Are in Focus
A higher share price does not mean a stock is expensive, because value depends on earnings and the number of shares. The list covers an electronics manufacturing services company, a plantation and trading group, a maker of forged components, one of the country’s largest private sector banks and a large integrated steel producer, all of which closed below Rs 2,150 on the NSE on 9 November. Investors searching for the best stocks under Rs 2,150 in India should check earnings, valuation and debt.
Avalon Technologies: The Export-Led EMS Name Among Under Rs 2150 Stocks to Buy
Avalon Technologies is an electronics manufacturing services company for industrial, clean energy, mobility and medical clients. The stock trades at Rs 1,856 with a market capitalisation of Rs 13,719 crore and a P/E of 102.66, against an industry P/E of 41.86.
FY26 revenue rose 46.3% to Rs 1,632 crore and net profit rose 78.0% to Rs 113 crore. In the June 2026 quarter, revenue grew 49.9% year on year to Rs 487 crore, while net profit grew 145.4% to Rs 34.9 crore.
Return on equity is 15.65%, debt-to-equity is 0.29, and the dividend yield is negligible. Promoters hold 40.35%, foreign institutions 11.13% and domestic institutions 19.96% as of September 2026. Foreign institutional holding has risen from 10.04% to 11.13% over the last year. A point to keep in view: at a P/E of 102.66, expectations are already high.
Bombay Burmah Trading Corporation: The Holding and Plantation Name Among Under Rs 2150 Stocks to Buy
Bombay Burmah Trading Corporation is a diversified company with plantation, healthcare and other businesses and holdings in other listed companies. At Rs 1,280, the stock has a market capitalisation of Rs 8,236 crore and trades at 3.19 times earnings, while the industry P/E is 36.13.
Reported numbers show FY26 revenue of Rs 19,853 crore, up 6.9% year on year, with net profit at Rs 2,499 crore, up 13.6%. The June 2026 quarter added revenue of Rs 5,157 crore (up 7.8%) and net profit of Rs 583 crore (up 17.1%).
Return on equity is 17.65%, debt-to-equity is 0.23, and the dividend yield is 1.44%. Promoters hold 74.05%, foreign institutions 9.61% and domestic institutions 0.76% as of September 2026.
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Happy Forgings: The Precision Forging Specialist Among Under Rs 2150 Stocks to Buy
Happy Forgings is a maker of precision forged and machined components for auto, industrial and renewable customers. Its market capitalisation is Rs 16,943 crore, the share price is Rs 1,802 and the P/E of 51.75 compares with an industry P/E of 48.76.
Over FY26, net profit rose 12.8% to Rs 302 crore on revenue of Rs 1,577 crore, which was up 9.0%. The latest quarter, the June 2026 quarter, brought revenue of Rs 460 crore, up 26.5% year on year, and net profit of Rs 91.5 crore, up 39.2%.
Return on equity is 14.17%, debt-to-equity is 0.15, and the dividend yield is 0.22%. Promoters hold 78.44%, foreign institutions 2.37% and domestic institutions 14.93% as of September 2026.
ICICI Bank: The Retail Banking Strong Suit Among Under Rs 2150 Stocks to Buy
ICICI Bank is a large private bank known for retail lending and digital banking. The stock trades at Rs 1,589 with a market capitalisation of Rs 9,86,882 crore and a P/E of 15.71, against an industry P/E of 11.43.
FY26 revenue rose 6.0% to Rs 3,12,118 crore and net profit rose 6.0% to Rs 57,673 crore. In the September 2026 quarter, revenue grew 15.8% year on year to Rs 88,161 crore, while net profit grew 21.4% to Rs 17,312 crore.
Return on equity is 15.39%, and the dividend yield is 0.87%. The company has no identified promoter, with foreign institutions holding 50.44% and domestic institutions 41.78% as of September 2026. Foreign institutional holding has risen from 45.56% to 50.44% over the last year.
JSW Steel: The Capacity-Led Steelmaker Among Under Rs 2150 Stocks to Buy
JSW Steel is one of India’s largest steelmakers by capacity, with plants in the south and west. At Rs 1,347, the stock has a market capitalisation of Rs 3,05,975 crore and trades at 9.65 times earnings, while the industry P/E is 19.82.
Reported numbers show FY26 revenue of Rs 1,86,718 crore, up 10.1% year on year, with net profit at Rs 25,508 crore, up 630.7%. The September 2026 quarter added revenue of Rs 54,927 crore (up 20.9%) and net profit of Rs 5,359 crore (up 225.6%).
Return on equity is 11.86%, debt-to-equity is 0.62, and the dividend yield is 0.71%. Promoters hold 44.30%, foreign institutions 26.23% and domestic institutions 11.34% as of September 2026.
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Growth Snapshot: Latest Full Year and Latest Quarter
The table compares year-on-year growth in revenue and net profit for all five under Rs 2150 stocks, using filed results.
| Company | Full-Year Revenue Growth | Full-Year Profit Growth | Latest Quarter | Quarter Revenue Growth | Quarter Profit Growth |
|---|---|---|---|---|---|
| Avalon Technologies | 46.3% | 78.0% | Jun 2026 | 49.9% | 145.4% |
| Bombay Burmah Trading Corporation | 6.9% | 13.6% | Jun 2026 | 7.8% | 17.1% |
| Happy Forgings | 9.0% | 12.8% | Jun 2026 | 26.5% | 39.2% |
| ICICI Bank | 6.0% | 6.0% | Sep 2026 | 15.8% | 21.4% |
| JSW Steel | 10.1% | 630.7% | Sep 2026 | 20.9% | 225.6% |
Factors That Move Under Rs 2150 Stocks to Buy
Four factors tend to drive under Rs 2150 stocks, and each one is worth checking before a purchase.
- Earnings growth: Profit should be rising.
- Sector mix: Electronics, plantations, forgings, banking and steel differ.
- Dividends: Bombay Burmah Trading Corporation yields about 1.4%.
- Valuation: P/E runs from about 3 to 103.
Risks to Keep in Mind Before Buying Under Rs 2150 Stocks
The first risk is that a higher share price says little about value, so earnings and valuation matter more. The second is that Avalon Technologies trades at a P/E near 103 while Bombay Burmah Trading Corporation trades near 3, and JSW Steel carries the highest borrowings of the five. Check results every quarter.
On the numbers, Avalon Technologies trades at the highest P/E on this list at 102.66, so its earnings need to keep growing to support the price. Under Rs 2150 stocks to buy can still fall when markets turn weak, and a staggered entry has historically suited investors better than a lump-sum purchase.
How to Choose Under Rs 2150 Stocks to Buy
- Look at earnings: Price alone is not a signal.
- Check P/E: Bombay Burmah Trading Corporation trades lowest.
- Read ROE: Bombay Burmah Trading Corporation leads.
- Diversify: Spread across the five sectors.
How to Invest in Under Rs 2150 Stocks
- Shortlist two or three companies from this list that match your risk appetite.
- Open the Univest Screener and compare P/E, ROE and debt for each stock.
- Check the latest quarterly results and shareholding pattern on NSE or BSE.
- Decide an amount you can hold for three to five years and split it into two or three purchases.
- Review the holding after every quarterly result instead of reacting to daily price moves.
Conclusion
Bombay Burmah Trading Corporation offers both the lowest P/E on this list at 3.19 and the highest return on equity at 17.65%, and JSW Steel posted the fastest net profit growth in its latest full year at 630.7%. Among the best under Rs 2150 stocks in India, these five give investors a spread of size, valuation and growth, so the right pick depends on risk appetite and holding period. Spread the entry, keep position sizes sensible and consult a SEBI-registered advisor before investing in any of these under Rs 2150 stocks to buy.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions on Under Rs 2150 Stocks to Buy
Which are the best under Rs 2150 stocks to buy in November 2026?
Ans. The five under Rs 2150 stocks on the November 2026 watchlist are Avalon Technologies, Bombay Burmah Trading Corporation, Happy Forgings, ICICI Bank and JSW Steel. Bombay Burmah Trading Corporation has both the lowest P/E at 3.19 and the highest ROE at 17.65%, and JSW Steel grew net profit 630.7% in its latest full year. This is educational content, not investment advice, so please consult a SEBI-registered advisor.
Is ICICI Bank a good stock to buy from this Under Rs 2150 list?
Ans. ICICI Bank is the largest company on this list with a market capitalisation of Rs 9,86,882 crore and a P/E of 15.71 against an industry P/E of 11.43. Its FY26 revenue rose 6.0% and net profit rose 6.0%, with return on equity at 15.39%. Whether it suits you depends on your risk appetite and holding period, so please consult a SEBI-registered advisor before investing.
Are these under Rs 2150 stocks expensive right now?
Ans. Valuations vary across the group. Avalon Technologies trades at a P/E of 102.66, Bombay Burmah Trading Corporation trades at a P/E of 3.19, Happy Forgings trades at a P/E of 51.75, ICICI Bank trades at a P/E of 15.71, JSW Steel trades at a P/E of 9.65, against industry multiples ranging from 11.43 to 48.76. Higher multiples reflect faster growth but also leave less room for earnings misses, so entry price deserves attention.
Which of these under Rs 2150 stocks pay a dividend?
Ans. Dividend yields on this list are Bombay Burmah Trading Corporation 1.44%, Happy Forgings 0.22%, ICICI Bank 0.87%, JSW Steel 0.71%. Yields are modest across the group, so most investors look at these stocks for growth in earnings rather than for income, and payouts can change with company profits.
Which stock on this list has the highest return on equity?
Ans. Bombay Burmah Trading Corporation has the highest ROE on this list at 17.65%, followed by Avalon Technologies at 15.65% and ICICI Bank at 15.39%. A higher ROE shows a company earns more profit on shareholder capital, but it should be read alongside valuation and debt.
What are the risks of investing in under Rs 2150 stocks?
Ans. The main risks are price levels that say little about value, steel price swings and a very wide spread in valuations. On this list, Avalon Technologies trades at the highest P/E of 102.66, which leaves less room for earnings disappointments. Staggered buying and a long holding period can help manage these risks.
How can I invest in under Rs 2150 stocks in India?
Ans. You can buy these stocks directly on NSE or BSE through a demat account, and compare them first on the Univest Screener using P/E, ROE and debt. Many investors split the amount across two or three purchases and review the holding after each quarterly result. Sector-themed mutual funds and ETFs are another route for investors who prefer diversification.
