Under Rs 405 Stocks to Buy in November 2026: 5 Names on the Watchlist
- November 13, 2026
- Posted by: Ankit Jaiswal
- Category: Best Stocks
BEL Rs 404.80. Dabur India Rs 383.30. Exide Industries Rs 380.00. LIC Rs 404.00. Federal Bank Rs 362.50. NSE closing prices, 12 Nov 2026.
Quick Answer
Five under Rs 405 stocks to buy on the November 2026 watchlist are Bharat Electronics, Dabur India, Exide Industries, Life Insurance Corporation of India and Federal Bank. All five grew revenue in their latest full year, and all five also grew net profit. Life Insurance Corporation of India has both the lowest P/E at 8.33 and the highest return on equity at 32.53%. Check each valuation against your own risk appetite before acting.
The under Rs 405 stocks to buy in November 2026 start with five listed names: Bharat Electronics, Dabur India, Exide Industries, Life Insurance Corporation of India and Federal Bank. Stocks under Rs 405 include a defence electronics maker, a consumer goods company, a battery maker, a life insurer and a private sector bank, priced from about Rs 363 to Rs 405. Bharat Electronics is part of the Nifty 50 index, Dabur India is part of the Nifty FMCG index and Federal Bank is part of the Bank Nifty 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 405 stocks to buy to a portfolio. All prices are NSE closing prices of 12 November 2026, and financials come from company filings.
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Which Are the Best Under Rs 405 Stocks to Buy in November 2026?
The best under Rs 405 stocks to buy in November 2026 for a watchlist are Bharat Electronics, Dabur India, Exide Industries, Life Insurance Corporation of India and Federal Bank. 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 |
|---|---|---|---|---|---|
| Bharat Electronics | 404.80 | Rs 2,71,924 crore | 44.23 | 25.27% | 0.67% |
| Dabur India | 383.30 | Rs 64,040 crore | 32.91 | 16.59% | 2.28% |
| Exide Industries | 380.00 | Rs 30,094 crore | 32.13 | 6.14% | 0.56% |
| Life Insurance Corporation of India | 404.00 | Rs 4,99,928 crore | 8.33 | 32.53% | 1.27% |
| Federal Bank | 362.50 | Rs 85,661 crore | 15.90 | 12.60% | 0.35% |
On valuation, Exide Industries and Life Insurance Corporation of India trade below the industry P/E; Bharat Electronics and Dabur India sit close to it; Federal Bank carries a premium. Valuation is the first filter for any under Rs 405 stocks to buy list, and it is covered again in the risk section.
Why These Under Rs 405 Stocks to Buy Are in Focus
A mid-range share price does not mean a stock is inexpensive, because value depends on earnings and the number of shares. The list covers a state-owned defence electronics maker, the maker of Dabur Chyawanprash and Real juices, a maker of automotive and industrial batteries, the country’s largest life insurer and a private sector bank, all of which closed below Rs 405 on the NSE on 12 November. Investors searching for the best stocks under Rs 405 in India should check earnings, valuation and debt.
Bharat Electronics: The Defence Electronics Maker Among Under Rs 405 Stocks to Buy
Bharat Electronics is a defence electronics maker supplying radars, communication and electronic warfare systems. Its market capitalisation is Rs 2,71,924 crore, the share price is Rs 404.80 and the P/E of 44.23 compares with an industry P/E of 46.93.
Over FY26, net profit rose 13.9% to Rs 6,023 crore on revenue of Rs 28,176 crore, which was up 15.0%. The latest quarter, the June 2026 quarter, brought revenue of Rs 5,717 crore, up 24.2% year on year, and net profit of Rs 1,044 crore, up 8.7%.
Return on equity is 25.27%, debt-to-equity is 0.00, and the dividend yield is 0.67%. Promoters hold 51.14%, foreign institutions 16.98% and domestic institutions 21.88% as of September 2026. Domestic institutional holding has risen from 20.88% to 21.88% over the last year.
Dabur India: The Ayurveda-Led Name Among Under Rs 405 Stocks to Buy
Dabur India is an ayurveda and natural products company behind Dabur Chyawanprash, Real juices and Vatika. The stock trades at Rs 383.30 with a market capitalisation of Rs 64,040 crore and a P/E of 32.91, against an industry P/E of 33.02.
FY26 revenue rose 5.2% to Rs 13,792 crore and net profit rose 7.4% to Rs 1,869 crore. In the June 2026 quarter, revenue grew 10.9% year on year to Rs 3,937 crore, while net profit grew 15.3% to Rs 586 crore.
Return on equity is 16.59%, debt-to-equity is 0.11, and the dividend yield is 2.28%. Promoters hold 66.25%, foreign institutions 9.61% and domestic institutions 18.35% as of September 2026.
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Exide Industries: The Battery Maker Among Under Rs 405 Stocks to Buy
Exide Industries is a battery maker that is building lithium-ion cell capacity. At Rs 380.00, the stock has a market capitalisation of Rs 30,094 crore and trades at 32.13 times earnings, while the industry P/E is 36.13.
Reported numbers show FY26 revenue of Rs 18,096 crore, up 4.3% year on year, with net profit at Rs 860 crore, up 7.4%. The June 2026 quarter added revenue of Rs 5,555 crore (up 17.6%) and net profit of Rs 351 crore (up 27.9%).
Return on equity is 6.14%, debt-to-equity is 0.11, and the dividend yield is 0.56%. Promoters hold 45.99%, foreign institutions 13.21% and domestic institutions 17.57% as of September 2026. Foreign institutional holding has risen from 10.88% to 13.21% over the last year. A point to keep in view: return on equity is a modest 6.14%.
Life Insurance Corporation of India: The Insurance Giant Among Under Rs 405 Stocks to Buy
Life Insurance Corporation of India is India’s largest life insurer, owned by the government. Its market capitalisation is Rs 4,99,928 crore, the share price is Rs 404.00 and the P/E of 8.33 compares with an industry P/E of 10.22.
Over FY26, net profit rose 18.9% to Rs 57,453 crore on revenue of Rs 9,90,211 crore, which was up 10.2%. The latest quarter, the June 2026 quarter, brought revenue of Rs 2,41,166 crore, up 7.0% year on year, and net profit of Rs 13,584 crore, up 24.0%.
Return on equity is 32.53%, and the dividend yield is 1.27%. Promoters hold 90.00%, foreign institutions 1.55% and domestic institutions 6.17% as of September 2026. Domestic institutional holding has risen from 1.36% to 6.17% over the last year.
Federal Bank: A Mid-Sized Private Bank Among Under Rs 405 Stocks to Buy
Federal Bank is a Kerala-based private bank with a growing retail, small-business and NRI franchise. The stock trades at Rs 362.50 with a market capitalisation of Rs 85,661 crore and a P/E of 15.90, against an industry P/E of 11.43.
FY26 revenue rose 7.0% to Rs 34,272 crore and net profit rose 6.7% to Rs 4,483 crore. In the September 2026 quarter, revenue grew 19.0% year on year to Rs 9,903 crore, while net profit grew 53.4% to Rs 1,564 crore.
Return on equity is 12.60%, and the dividend yield is 0.35%. The company has no identified promoter, with foreign institutions holding 28.55% and domestic institutions 49.28% as of September 2026. Foreign institutional holding has risen from 25.54% to 28.55% over the last year.
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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 405 stocks, using filed results.
| Company | Full-Year Revenue Growth | Full-Year Profit Growth | Latest Quarter | Quarter Revenue Growth | Quarter Profit Growth |
|---|---|---|---|---|---|
| Bharat Electronics | 15.0% | 13.9% | Jun 2026 | 24.2% | 8.7% |
| Dabur India | 5.2% | 7.4% | Jun 2026 | 10.9% | 15.3% |
| Exide Industries | 4.3% | 7.4% | Jun 2026 | 17.6% | 27.9% |
| Life Insurance Corporation of India | 10.2% | 18.9% | Jun 2026 | 7.0% | 24.0% |
| Federal Bank | 7.0% | 6.7% | Sep 2026 | 19.0% | 53.4% |
Factors That Move Under Rs 405 Stocks to Buy
Four factors tend to drive under Rs 405 stocks, and each one is worth checking before a purchase.
- Earnings growth: Profit should be rising.
- Sector mix: Defence, consumer goods, batteries, insurance and banking differ.
- Dividends: Dabur India yields about 2.3%.
- Valuation: P/E runs from about 8 to 44.
Risks to Keep in Mind Before Buying Under Rs 405 Stocks
The first risk is that a mid-range share price says little about value, so earnings and valuation matter more. The second is that Bharat Electronics trades at a P/E near 44 while Life Insurance Corporation of India trades near 8, and insurance results follow the investment market while bank earnings follow asset quality. Check results every quarter.
On the numbers, Bharat Electronics trades at the highest P/E on this list at 44.23, so its earnings need to keep growing to support the price. Under Rs 405 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 405 Stocks to Buy
- Look at earnings: Price alone is not a signal.
- Check P/E: Life Insurance Corporation of India trades lowest.
- Read ROE: Life Insurance Corporation of India leads.
- Diversify: Spread across the five sectors.
How to Invest in Under Rs 405 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
Life Insurance Corporation of India offers both the lowest P/E on this list at 8.33 and the highest return on equity at 32.53%, and Life Insurance Corporation of India posted the fastest net profit growth in its latest full year at 18.9%. Among the best under Rs 405 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 405 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 405 Stocks to Buy
Which are the best under Rs 405 stocks to buy in November 2026?
Ans. The five under Rs 405 stocks on the November 2026 watchlist are Bharat Electronics, Dabur India, Exide Industries, Life Insurance Corporation of India and Federal Bank. Life Insurance Corporation of India has both the lowest P/E at 8.33 and the highest ROE at 32.53%, and Life Insurance Corporation of India grew net profit 18.9% in its latest full year. This is educational content, not investment advice, so please consult a SEBI-registered advisor.
Is Life Insurance Corporation of India a good stock to buy from this Under Rs 405 list?
Ans. Life Insurance Corporation of India is the largest company on this list with a market capitalisation of Rs 4,99,928 crore and a P/E of 8.33 against an industry P/E of 10.22. Its FY26 revenue rose 10.2% and net profit rose 18.9%, with return on equity at 32.53%. 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 405 stocks expensive right now?
Ans. Valuations vary across the group. Bharat Electronics trades at a P/E of 44.23, Dabur India trades at a P/E of 32.91, Exide Industries trades at a P/E of 32.13, Life Insurance Corporation of India trades at a P/E of 8.33, Federal Bank trades at a P/E of 15.90, against industry multiples ranging from 10.22 to 46.93. Higher multiples reflect faster growth but also leave less room for earnings misses, so entry price deserves attention.
Which of these under Rs 405 stocks pay a dividend?
Ans. Dividend yields on this list are Bharat Electronics 0.67%, Dabur India 2.28%, Exide Industries 0.56%, Life Insurance Corporation of India 1.27%, Federal Bank 0.35%. 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. Life Insurance Corporation of India has the highest ROE on this list at 32.53%, followed by Bharat Electronics at 25.27% and Dabur India at 16.59%. 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 405 stocks?
Ans. The main risks are mid-range prices that say little about value, one high valuation and asset quality at the bank. On this list, Bharat Electronics trades at the highest P/E of 44.23, 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 405 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.
