Under Rs 1650 Stocks to Buy in November 2026: 5 Names on the Watchlist
- November 6, 2026
- Posted by: Chaitanya Auti
- Category: Best Stocks
Adani Energy Solutions Rs 1,447. Olectra Rs 1,050. Rainbow Rs 1,262. Sundram Rs 1,093. GE Shipping Rs 1,460. NSE closing prices, 5 Nov 2026.
Quick Answer
Five under Rs 1650 stocks to buy on the November 2026 watchlist are Adani Energy Solutions, Olectra Greentech, Rainbow Children’s Medicare, Sundram Fasteners and Great Eastern Shipping. All five grew revenue in their latest full year, and all five also grew net profit. Great Eastern Shipping has both the lowest P/E at 6.16 and the highest return on equity at 17.35%. Check each valuation against your own risk appetite before acting.
The under Rs 1650 stocks to buy in November 2026 start with five listed names: Adani Energy Solutions, Olectra Greentech, Rainbow Children’s Medicare, Sundram Fasteners and Great Eastern Shipping. Stocks under Rs 1,650 include an electric bus maker, a fasteners maker, a children’s hospital chain, a power transmission company and a shipping company, priced from about Rs 1,050 to Rs 1,460.
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 1650 stocks to buy to a portfolio. All prices are NSE closing prices of 5 November 2026, and financials come from company filings.
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Which Are the Best Under Rs 1650 Stocks to Buy in November 2026?
The best under Rs 1650 stocks to buy in November 2026 for a watchlist are Adani Energy Solutions, Olectra Greentech, Rainbow Children’s Medicare, Sundram Fasteners and Great Eastern Shipping. 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 |
|---|---|---|---|---|---|
| Adani Energy Solutions | 1,447 | Rs 1,66,444 crore | 42.70 | 11.85% | 0.00% |
| Olectra Greentech | 1,050 | Rs 8,021 crore | 44.52 | 14.46% | 0.06% |
| Rainbow Children’s Medicare | 1,262 | Rs 12,168 crore | 41.92 | 16.89% | 0.29% |
| Sundram Fasteners | 1,093 | Rs 22,652 crore | 36.92 | 13.83% | 0.74% |
| Great Eastern Shipping | 1,460 | Rs 23,070 crore | 6.16 | 17.35% | 2.17% |
On valuation, Rainbow Children’s Medicare and Great Eastern Shipping trade below the industry P/E; Sundram Fasteners sits close to it; Adani Energy Solutions and Olectra Greentech carry a premium. Valuation is the first filter for any under Rs 1650 stocks to buy list, and it is covered again in the risk section.
Why These Under Rs 1650 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 a maker of electric buses, a maker of high tensile fasteners, a chain of hospitals for mothers and children, a power transmission and smart metering company and a shipping company, all of which closed below Rs 1,650 on the NSE on 5 November. Investors searching for the best stocks under Rs 1,650 in India should check earnings, valuation and debt.
Adani Energy Solutions: The Group Transmission Arm Among Under Rs 1650 Stocks to Buy
Adani Energy Solutions is a power transmission and distribution company in the Adani Group. At Rs 1,447, the stock has a market capitalisation of Rs 1,66,444 crore and trades at 42.70 times earnings, while the industry P/E is 19.93.
Reported numbers show FY26 revenue of Rs 28,325 crore, up 15.9% year on year, with net profit at Rs 2,393 crore, up 159.6%. The September 2026 quarter added revenue of Rs 10,239 crore (up 51.3%) and net profit of Rs 1,364 crore (up 144.8%).
Return on equity is 11.85%, debt-to-equity is 1.65, and the dividend yield is negligible. Promoters hold 73.39%, foreign institutions 9.56% and domestic institutions 13.61% as of September 2026. Domestic institutional holding has risen from 10.14% to 13.61% over the last year. A point to keep in view: debt is higher than most names on this list.
Olectra Greentech: The Electric Bus Maker Among Under Rs 1650 Stocks to Buy
Olectra Greentech is an electric bus manufacturer. Its market capitalisation is Rs 8,021 crore, the share price is Rs 1,050 and the P/E of 44.52 compares with an industry P/E of 23.77.
Over FY26, net profit rose 29.0% to Rs 180 crore on revenue of Rs 2,327 crore, which was up 28.2%. The latest quarter, the June 2026 quarter, brought revenue of Rs 578 crore, up 63.8% year on year, and net profit of Rs 26.7 crore, up 2.4%.
Return on equity is 14.46%, debt-to-equity is 0.31, and the dividend yield is 0.06%. Promoters hold 50.02%, foreign institutions 7.34% and domestic institutions 0.60% as of September 2026.
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Rainbow Children’s Medicare: The Paediatric Hospital Chain Among Under Rs 1650 Stocks to Buy
Rainbow Children’s Medicare is a paediatric and maternity hospital chain. The stock trades at Rs 1,262 with a market capitalisation of Rs 12,168 crore and a P/E of 41.92, against an industry P/E of 61.50.
FY26 revenue rose 11.5% to Rs 1,747 crore and net profit rose 15.3% to Rs 282 crore. In the June 2026 quarter, revenue grew 29.4% year on year to Rs 483 crore, while net profit grew 16.2% to Rs 62.5 crore.
Return on equity is 16.89%, debt-to-equity is 0.54, and the dividend yield is 0.29%. Promoters hold 49.83%, foreign institutions 14.66% and domestic institutions 23.28% as of September 2026. Domestic institutional holding has risen from 17.46% to 23.28% over the last year.
Sundram Fasteners: The Fasteners Leader Among Under Rs 1650 Stocks to Buy
Sundram Fasteners is a maker of high-tensile fasteners, powertrain parts and wind-energy components. At Rs 1,093, the stock has a market capitalisation of Rs 22,652 crore and trades at 36.92 times earnings, while the industry P/E is 36.13.
Reported numbers show FY26 revenue of Rs 6,368 crore, up 6.4% year on year, with net profit at Rs 593 crore, up 9.4%. The September 2026 quarter added revenue of Rs 1,996 crore (up 29.5%) and net profit of Rs 173 crore (up 13.0%).
Return on equity is 13.83%, debt-to-equity is 0.15, and the dividend yield is 0.74%. Promoters hold 46.95%, foreign institutions 11.03% and domestic institutions 22.61% as of September 2026.
Great Eastern Shipping: The Tanker and Bulk Shipper Among Under Rs 1650 Stocks to Buy
Great Eastern Shipping is a shipping company operating tankers and dry bulk carriers. Its market capitalisation is Rs 23,070 crore, the share price is Rs 1,460 and the P/E of 6.16 compares with an industry P/E of 8.59.
Over FY26, net profit rose 25.5% to Rs 2,943 crore on revenue of Rs 6,312 crore, which was up 2.5%. The latest quarter, the June 2026 quarter, brought revenue of Rs 2,286 crore, up 71.0% year on year, and net profit of Rs 1,309 crore, up 159.4%.
Return on equity is 17.35%, debt-to-equity is 0.06, and the dividend yield is 2.17%. Promoters hold 30.07%, foreign institutions 29.52% and domestic institutions 11.62% as of September 2026. Foreign institutional holding has risen from 24.88% to 29.52% 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 1650 stocks, using filed results.
| Company | Full-Year Revenue Growth | Full-Year Profit Growth | Latest Quarter | Quarter Revenue Growth | Quarter Profit Growth |
|---|---|---|---|---|---|
| Adani Energy Solutions | 15.9% | 159.6% | Sep 2026 | 51.3% | 144.8% |
| Olectra Greentech | 28.2% | 29.0% | Jun 2026 | 63.8% | 2.4% |
| Rainbow Children’s Medicare | 11.5% | 15.3% | Jun 2026 | 29.4% | 16.2% |
| Sundram Fasteners | 6.4% | 9.4% | Sep 2026 | 29.5% | 13.0% |
| Great Eastern Shipping | 2.5% | 25.5% | Jun 2026 | 71.0% | 159.4% |
Factors That Move Under Rs 1650 Stocks to Buy
Four factors tend to drive under Rs 1650 stocks, and each one is worth checking before a purchase.
- Earnings growth: Profit should be rising.
- Sector mix: Electric buses, fasteners, health, power and shipping differ.
- Dividends: Great Eastern Shipping yields about 2.2%.
- Valuation: P/E runs from about 6 to 45.
Risks to Keep in Mind Before Buying Under Rs 1650 Stocks
The first risk is that a higher share price says little about value, so earnings and valuation matter more. The second is that shipping earnings follow freight rates, Adani Energy Solutions carries the highest borrowings of the five and Olectra Greentech depends on bus orders from state transport bodies. Check results every quarter.
On the numbers, Olectra Greentech trades at the highest P/E on this list at 44.52, so its earnings need to keep growing to support the price. Under Rs 1650 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 1650 Stocks to Buy
- Look at earnings: Price alone is not a signal.
- Check P/E: Great Eastern Shipping trades lowest.
- Read ROE: Great Eastern Shipping leads.
- Diversify: Spread across the five sectors.
How to Invest in Under Rs 1650 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
Great Eastern Shipping offers both the lowest P/E on this list at 6.16 and the highest return on equity at 17.35%, and Adani Energy Solutions posted the fastest net profit growth in its latest full year at 159.6%. Among the best under Rs 1650 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 1650 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 1650 Stocks to Buy
Which are the best under Rs 1650 stocks to buy in November 2026?
Ans. The five under Rs 1650 stocks on the November 2026 watchlist are Adani Energy Solutions, Olectra Greentech, Rainbow Children’s Medicare, Sundram Fasteners and Great Eastern Shipping. Great Eastern Shipping has both the lowest P/E at 6.16 and the highest ROE at 17.35%, and Adani Energy Solutions grew net profit 159.6% in its latest full year. This is educational content, not investment advice, so please consult a SEBI-registered advisor.
Is Adani Energy Solutions a good stock to buy from this Under Rs 1650 list?
Ans. Adani Energy Solutions is the largest company on this list with a market capitalisation of Rs 1,66,444 crore and a P/E of 42.70 against an industry P/E of 19.93. Its FY26 revenue rose 15.9% and net profit rose 159.6%, with return on equity at 11.85%. 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 1650 stocks expensive right now?
Ans. Valuations vary across the group. Adani Energy Solutions trades at a P/E of 42.70, Olectra Greentech trades at a P/E of 44.52, Rainbow Children’s Medicare trades at a P/E of 41.92, Sundram Fasteners trades at a P/E of 36.92, Great Eastern Shipping trades at a P/E of 6.16, against industry multiples ranging from 8.59 to 61.50. Higher multiples reflect faster growth but also leave less room for earnings misses, so entry price deserves attention.
Which of these under Rs 1650 stocks pay a dividend?
Ans. Dividend yields on this list are Olectra Greentech 0.06%, Rainbow Children’s Medicare 0.29%, Sundram Fasteners 0.74%, Great Eastern Shipping 2.17%. 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. Great Eastern Shipping has the highest ROE on this list at 17.35%, followed by Rainbow Children’s Medicare at 16.89% and Olectra Greentech at 14.46%. 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 1650 stocks?
Ans. The main risks are price levels that say little about value, freight rate cycles and borrowings at the power transmission company. On this list, Olectra Greentech trades at the highest P/E of 44.52, 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 1650 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.