Under Rs 290 Stocks to Buy in November 2026: 5 Names on the Watchlist
- November 13, 2026
- Posted by: Neeraj Pandey
- Category: Best Stocks
Dharmaj Crop Guard Rs 240.00. Juniper Hotels Rs 203.87. Paradeep Rs 143.87. SCI Rs 269.18. Tata Steel Rs 188.00. NSE closing prices, 12 Nov 2026.
Quick Answer
Five under Rs 290 stocks to buy on the November 2026 watchlist are Dharmaj Crop Guard, Juniper Hotels, Paradeep Phosphates, Shipping Corporation of India and Tata Steel. All five grew revenue in their latest full year, and all five also grew net profit. Shipping Corporation of India has both the lowest P/E at 7.31 and the highest return on equity at 14.87%. Check each valuation against your own risk appetite before acting.
The under Rs 290 stocks to buy in November 2026 start with five listed names: Dharmaj Crop Guard, Juniper Hotels, Paradeep Phosphates, Shipping Corporation of India and Tata Steel. Stocks under Rs 290 include a crop protection maker, a hotel owner, a fertiliser maker, a state-owned shipping company and a large steel producer, priced from about Rs 144 to Rs 269. Tata Steel is part of the Nifty 50 and Nifty Metal indices.
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 290 stocks to buy to a portfolio. All prices are NSE closing prices of 12 November 2026, and financials come from company filings.
Click Here – Get Free Investment Predictions
Which Are the Best Under Rs 290 Stocks to Buy in November 2026?
The best under Rs 290 stocks to buy in November 2026 for a watchlist are Dharmaj Crop Guard, Juniper Hotels, Paradeep Phosphates, Shipping Corporation of India and Tata 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 |
|---|---|---|---|---|---|
| Dharmaj Crop Guard | 240.00 | Rs 846 crore | 14.06 | 12.17% | 0.00% |
| Juniper Hotels | 203.87 | Rs 4,366 crore | 26.34 | 6.05% | 0.00% |
| Paradeep Phosphates | 143.87 | Rs 14,337 crore | 13.38 | 14.69% | 1.09% |
| Shipping Corporation of India | 269.18 | Rs 11,822 crore | 7.31 | 14.87% | 2.96% |
| Tata Steel | 188.00 | Rs 2,11,596 crore | 18.79 | 10.56% | 2.36% |
On valuation, Dharmaj Crop Guard, Juniper Hotels, Paradeep Phosphates and Shipping Corporation of India trade below the industry P/E; Tata Steel sits close to it. Valuation is the first filter for any under Rs 290 stocks to buy list, and it is covered again in the risk section.
Why These Under Rs 290 Stocks to Buy Are in Focus
A low share price does not mean a stock is inexpensive, because value depends on earnings and the number of shares. The list covers a crop protection chemicals maker, a hotel owner, a fertiliser and chemicals maker, the state-owned shipping line and one of the country’s largest steel producers, all of which closed below Rs 290 on the NSE on 12 November. Investors searching for the best stocks under Rs 290 in India should check earnings, valuation and debt.
Dharmaj Crop Guard: A Small-Cap Crop Protection Name Among Under Rs 290 Stocks to Buy
Dharmaj Crop Guard is a small-cap maker and marketer of insecticides, fungicides and herbicides sold to farmers across India. The stock trades at Rs 240.00 with a market capitalisation of Rs 846 crore and a P/E of 14.06, against an industry P/E of 22.16.
FY26 revenue rose 20.3% to Rs 1,146 crore and net profit rose 56.9% to Rs 54.6 crore. In the June 2026 quarter, revenue grew 4.2% year on year to Rs 384 crore, while net profit grew 16.9% to Rs 38.1 crore.
Return on equity is 12.17%, debt-to-equity is 0.29, and the dividend yield is negligible. Promoters hold 70.40%, foreign institutions 3.12% and domestic institutions 0.50% as of September 2026.
Juniper Hotels: The Luxury Hotel Owner Among Under Rs 290 Stocks to Buy
Juniper Hotels is a luxury hotel owner with Hyatt-branded properties across India. At Rs 203.87, the stock has a market capitalisation of Rs 4,366 crore and trades at 26.34 times earnings, while the industry P/E is 37.59.
Reported numbers show FY26 revenue of Rs 1,069 crore, up 9.6% year on year, with net profit at Rs 142 crore, up 98.6%. The June 2026 quarter added revenue of Rs 252 crore (up 11.0%) and net profit of Rs 33.3 crore (up 269.6%).
Return on equity is 6.05%, debt-to-equity is 0.42, and the dividend yield is negligible. Promoters hold 77.53%, foreign institutions 4.64% and domestic institutions 10.63% as of September 2026. A point to keep in view: return on equity is a modest 6.05%.
Check Under Rs 290 Stocks Live on the Univest Screener
Paradeep Phosphates: The Phosphate Fertiliser Producer Among Under Rs 290 Stocks to Buy
Paradeep Phosphates is a DAP and NPK fertiliser producer based in eastern India. Its market capitalisation is Rs 14,337 crore, the share price is Rs 143.87 and the P/E of 13.38 compares with an industry P/E of 20.30.
Over FY26, net profit rose 50.5% to Rs 996 crore on revenue of Rs 21,973 crore, which was up 28.4%. The latest quarter, the June 2026 quarter, brought revenue of Rs 6,146 crore, up 35.4% year on year, and net profit of Rs 393 crore, up 23.9%.
Return on equity is 14.69%, debt-to-equity is 1.02, and the dividend yield is 1.09%. Promoters hold 57.85%, foreign institutions 4.79% and domestic institutions 20.26% as of September 2026. Domestic institutional holding has risen from 12.99% to 20.26% over the last year. A point to keep in view: debt is higher than most names on this list.
Shipping Corporation of India: The Public Sector Shipper Among Under Rs 290 Stocks to Buy
Shipping Corporation of India is a government-owned shipping company. The stock trades at Rs 269.18 with a market capitalisation of Rs 11,822 crore and a P/E of 7.31, against an industry P/E of 8.59.
FY26 revenue rose 7.4% to Rs 6,227 crore and net profit rose 60.4% to Rs 1,353 crore. In the June 2026 quarter, revenue grew 33.8% year on year to Rs 1,957 crore, while net profit grew 74.9% to Rs 619 crore.
Return on equity is 14.87%, debt-to-equity is 0.29, and the dividend yield is 2.96%. Promoters hold 63.75%, foreign institutions 9.58% and domestic institutions 1.44% as of September 2026. Foreign institutional holding has risen from 6.49% to 9.58% over the last year.
Tata Steel: The Integrated Steel Major Among Under Rs 290 Stocks to Buy
Tata Steel is a large integrated steel producer with operations in India and overseas. At Rs 188.00, the stock has a market capitalisation of Rs 2,11,596 crore and trades at 18.79 times earnings, while the industry P/E is 19.82.
Reported numbers show FY26 revenue of Rs 2,33,542 crore, up 6.1% year on year, with net profit at Rs 10,886 crore, up 243.0%. The June 2026 quarter added revenue of Rs 61,027 crore (up 14.1%) and net profit of Rs 2,385 crore (up 18.8%).
Return on equity is 10.56%, debt-to-equity is 0.90, and the dividend yield is 2.36%. Promoters hold 32.95%, foreign institutions 17.72% and domestic institutions 25.18% as of September 2026. A point to keep in view: debt is higher than most names on this list.
Download the Univest iOS App or Univest Android App to track these under Rs 290 stocks live and get daily stock recommendations.
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 290 stocks, using filed results.
| Company | Full-Year Revenue Growth | Full-Year Profit Growth | Latest Quarter | Quarter Revenue Growth | Quarter Profit Growth |
|---|---|---|---|---|---|
| Dharmaj Crop Guard | 20.3% | 56.9% | Jun 2026 | 4.2% | 16.9% |
| Juniper Hotels | 9.6% | 98.6% | Jun 2026 | 11.0% | 269.6% |
| Paradeep Phosphates | 28.4% | 50.5% | Jun 2026 | 35.4% | 23.9% |
| Shipping Corporation of India | 7.4% | 60.4% | Jun 2026 | 33.8% | 74.9% |
| Tata Steel | 6.1% | 243.0% | Jun 2026 | 14.1% | 18.8% |
Factors That Move Under Rs 290 Stocks to Buy
Four factors tend to drive under Rs 290 stocks, and each one is worth checking before a purchase.
- Earnings growth: Profit should be rising.
- Sector mix: Agro chemicals, hotels, fertilisers, shipping and steel differ.
- Dividends: Shipping Corporation of India yields about 3.0%.
- Valuation: P/E runs from about 7 to 26.
Risks to Keep in Mind Before Buying Under Rs 290 Stocks
The first risk is that a low share price says little about value, so earnings and valuation matter more. The second is that Juniper Hotels trades at a P/E near 26 while Shipping Corporation of India trades near 7, Dharmaj Crop Guard is valued at under Rs 1,000 crore so trading can be thin, and Paradeep Phosphates carries the highest borrowings of the five. Check results every quarter.
On the numbers, Juniper Hotels trades at the highest P/E on this list at 26.34, so its earnings need to keep growing to support the price. Under Rs 290 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 290 Stocks to Buy
- Look at earnings: Price alone is not a signal.
- Check P/E: Shipping Corporation of India trades lowest.
- Read ROE: Shipping Corporation of India leads.
- Diversify: Spread across the five sectors.
How to Invest in Under Rs 290 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
Shipping Corporation of India offers both the lowest P/E on this list at 7.31 and the highest return on equity at 14.87%, and Tata Steel posted the fastest net profit growth in its latest full year at 243.0%. Among the best under Rs 290 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 290 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 290 Stocks to Buy
Which are the best under Rs 290 stocks to buy in November 2026?
Ans. The five under Rs 290 stocks on the November 2026 watchlist are Dharmaj Crop Guard, Juniper Hotels, Paradeep Phosphates, Shipping Corporation of India and Tata Steel. Shipping Corporation of India has both the lowest P/E at 7.31 and the highest ROE at 14.87%, and Tata Steel grew net profit 243.0% in its latest full year. This is educational content, not investment advice, so please consult a SEBI-registered advisor.
Is Tata Steel a good stock to buy from this Under Rs 290 list?
Ans. Tata Steel is the largest company on this list with a market capitalisation of Rs 2,11,596 crore and a P/E of 18.79 against an industry P/E of 19.82. Its FY26 revenue rose 6.1% and net profit rose 243.0%, with return on equity at 10.56%. 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 290 stocks expensive right now?
Ans. Valuations vary across the group. Dharmaj Crop Guard trades at a P/E of 14.06, Juniper Hotels trades at a P/E of 26.34, Paradeep Phosphates trades at a P/E of 13.38, Shipping Corporation of India trades at a P/E of 7.31, Tata Steel trades at a P/E of 18.79, against industry multiples ranging from 8.59 to 37.59. Higher multiples reflect faster growth but also leave less room for earnings misses, so entry price deserves attention.
Which of these under Rs 290 stocks pay a dividend?
Ans. Dividend yields on this list are Paradeep Phosphates 1.09%, Shipping Corporation of India 2.96%, Tata Steel 2.36%. Yields differ widely across the group, so check payout history and earnings cover before relying on any of them for income, since payouts can change with company profits.
Which stock on this list has the highest return on equity?
Ans. Shipping Corporation of India has the highest ROE on this list at 14.87%, followed by Paradeep Phosphates at 14.69% and Dharmaj Crop Guard at 12.17%. 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 290 stocks?
Ans. The main risks are low prices that say little about value, thin trading in one small company and freight and steel price swings. On this list, Juniper Hotels trades at the highest P/E of 26.34, 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 290 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.
