Under Rs 2450 Stocks to Buy in November 2026: 5 Names on the Watchlist
- November 12, 2026
- Posted by: Lakshit Sharma
- Category: Best Stocks
Gravita India Rs 1,525. JSW Steel Rs 1,353. Lupin Rs 2,023. Narayana Rs 1,866. GE Shipping Rs 1,435. NSE closing prices, 11 Nov 2026.
Quick Answer
Five under Rs 2450 stocks to buy on the November 2026 watchlist are Gravita India, JSW Steel, Lupin, Narayana Hrudayalaya and Great Eastern Shipping. All five grew revenue in their latest full year, and all five also grew net profit. Great Eastern Shipping has the lowest P/E at 6.16, while Lupin leads on return on equity at 23.76%. Check each valuation against your own risk appetite before acting.
The under Rs 2450 stocks to buy in November 2026 start with five listed names: Gravita India, JSW Steel, Lupin, Narayana Hrudayalaya and Great Eastern Shipping. Stocks under Rs 2,450 include a metal recycler, a steel producer, a pharma company, a hospital chain and a shipping company, priced from about Rs 1,353 to Rs 2,023. JSW Steel is part of the Nifty Metal and Nifty 50 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 2450 stocks to buy to a portfolio. All prices are NSE closing prices of 11 November 2026, and financials come from company filings.
Click Here – Get Free Investment Predictions
Which Are the Best Under Rs 2450 Stocks to Buy in November 2026?
The best under Rs 2450 stocks to buy in November 2026 for a watchlist are Gravita India, JSW Steel, Lupin, Narayana Hrudayalaya 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 |
|---|---|---|---|---|---|
| Gravita India | 1,525 | Rs 10,440 crore | 26.25 | 15.05% | 0.45% |
| JSW Steel | 1,353 | Rs 3,05,975 crore | 9.65 | 11.86% | 0.71% |
| Lupin | 2,023 | Rs 91,367 crore | 16.46 | 23.76% | 0.90% |
| Narayana Hrudayalaya | 1,866 | Rs 35,033 crore | 42.90 | 17.76% | 0.26% |
| Great Eastern Shipping | 1,435 | Rs 23,070 crore | 6.16 | 17.35% | 2.17% |
On valuation, JSW Steel, Lupin, Narayana Hrudayalaya and Great Eastern Shipping trade below the industry P/E; Gravita India carries a premium. Valuation is the first filter for any under Rs 2450 stocks to buy list, and it is covered again in the risk section.
Why These Under Rs 2450 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 lead and aluminium recycler, one of the country’s largest steel producers, a global pharma company, a cardiac and multi-speciality hospital chain and a bulk shipping company, all of which closed below Rs 2,450 on the NSE on 11 November. Investors searching for the best stocks under Rs 2,450 in India should check earnings, valuation and debt.
Gravita India: The Metal Recycler Among Under Rs 2450 Stocks to Buy
Gravita India is a metal recycler that makes lead, aluminium and plastic products from scrap. At Rs 1,525, the stock has a market capitalisation of Rs 10,440 crore and trades at 26.25 times earnings, while the industry P/E is 9.96.
Reported numbers show FY26 revenue of Rs 4,342 crore, up 9.1% year on year, with net profit at Rs 378 crore, up 20.9%. The September 2026 quarter added revenue of Rs 1,445 crore (up 36.1%) and net profit of Rs 102 crore (up 6.3%).
Return on equity is 15.05%, debt-to-equity is 0.33, and the dividend yield is 0.45%. Promoters hold 55.88%, foreign institutions 11.78% and domestic institutions 4.90% as of September 2026.
JSW Steel: The Capacity-Led Steelmaker Among Under Rs 2450 Stocks to Buy
JSW Steel is one of India’s largest steelmakers by capacity, with plants in the south and west. Its market capitalisation is Rs 3,05,975 crore, the share price is Rs 1,353 and the P/E of 9.65 compares with an industry P/E of 19.82.
Over FY26, net profit rose 630.7% to Rs 25,508 crore on revenue of Rs 1,86,718 crore, which was up 10.1%. The latest quarter, the September 2026 quarter, brought revenue of Rs 54,927 crore, up 20.9% year on year, 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.
Check Under Rs 2450 Stocks Live on the Univest Screener
Lupin: The Global Generics Player Among Under Rs 2450 Stocks to Buy
Lupin is a global generics and specialty pharma company with strong respiratory, cardiac and anti-diabetic products. The stock trades at Rs 2,023 with a market capitalisation of Rs 91,367 crore and a P/E of 16.46, against an industry P/E of 37.65.
FY26 revenue rose 26.8% to Rs 29,039 crore and net profit rose 62.0% to Rs 5,355 crore. In the June 2026 quarter, revenue grew 32.5% year on year to Rs 8,407 crore, while net profit grew 16.0% to Rs 1,417 crore.
Return on equity is 23.76%, debt-to-equity is 0.29, and the dividend yield is 0.90%. Promoters hold 46.84%, foreign institutions 23.28% and domestic institutions 23.78% as of September 2026. Foreign institutional holding has risen from 20.49% to 23.28% over the last year.
Narayana Hrudayalaya: The Affordable Care Specialist Among Under Rs 2450 Stocks to Buy
Narayana Hrudayalaya is a hospital chain known for affordable cardiac and multi-speciality care. At Rs 1,866, the stock has a market capitalisation of Rs 35,033 crore and trades at 42.90 times earnings, while the industry P/E is 61.50.
Reported numbers show FY26 revenue of Rs 7,996 crore, up 43.4% year on year, with net profit at Rs 810 crore, up 2.6%. The June 2026 quarter added revenue of Rs 2,719 crore (up 77.6%) and net profit of Rs 207 crore (up 5.4%).
Return on equity is 17.76%, debt-to-equity is 1.29, and the dividend yield is 0.26%. Promoters hold 63.27%, foreign institutions 9.01% and domestic institutions 10.68% as of September 2026. Domestic institutional holding has risen from 7.76% to 10.68% over the last year. A point to keep in view: debt is higher than most names on this list.
Great Eastern Shipping: The Tanker and Bulk Shipper Among Under Rs 2450 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 1,435 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.
Download the Univest iOS App or Univest Android App to track these under Rs 2450 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 2450 stocks, using filed results.
| Company | Full-Year Revenue Growth | Full-Year Profit Growth | Latest Quarter | Quarter Revenue Growth | Quarter Profit Growth |
|---|---|---|---|---|---|
| Gravita India | 9.1% | 20.9% | Sep 2026 | 36.1% | 6.3% |
| JSW Steel | 10.1% | 630.7% | Sep 2026 | 20.9% | 225.6% |
| Lupin | 26.8% | 62.0% | Jun 2026 | 32.5% | 16.0% |
| Narayana Hrudayalaya | 43.4% | 2.6% | Jun 2026 | 77.6% | 5.4% |
| Great Eastern Shipping | 2.5% | 25.5% | Jun 2026 | 71.0% | 159.4% |
Factors That Move Under Rs 2450 Stocks to Buy
Four factors tend to drive under Rs 2450 stocks, and each one is worth checking before a purchase.
- Earnings growth: Profit should be rising.
- Sector mix: Recycling, steel, pharma, hospitals and shipping differ.
- Dividends: Great Eastern Shipping yields about 2.2%.
- Valuation: P/E runs from about 6 to 43.
Risks to Keep in Mind Before Buying Under Rs 2450 Stocks
The first risk is that a higher share price says little about value, so earnings and valuation matter more. The second is that Narayana Hrudayalaya trades at a P/E near 43 while Great Eastern Shipping trades near 6, and Narayana Hrudayalaya carries the highest borrowings of the five. Check results every quarter.
On the numbers, Narayana Hrudayalaya trades at the highest P/E on this list at 42.90, so its earnings need to keep growing to support the price. Under Rs 2450 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 2450 Stocks to Buy
- Look at earnings: Price alone is not a signal.
- Check P/E: Great Eastern Shipping trades lowest.
- Read ROE: Lupin leads.
- Diversify: Spread across the five sectors.
How to Invest in Under Rs 2450 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 the lowest P/E on this list at 6.16, Lupin has the highest return on equity at 23.76%, and JSW Steel posted the fastest net profit growth in its latest full year at 630.7%. Among the best under Rs 2450 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 2450 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 2450 Stocks to Buy
Which are the best under Rs 2450 stocks to buy in November 2026?
Ans. The five under Rs 2450 stocks on the November 2026 watchlist are Gravita India, JSW Steel, Lupin, Narayana Hrudayalaya and Great Eastern Shipping. Great Eastern Shipping has the lowest P/E at 6.16, Lupin has the highest ROE at 23.76%, 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 JSW Steel a good stock to buy from this Under Rs 2450 list?
Ans. JSW Steel is the largest company on this list with a market capitalisation of Rs 3,05,975 crore and a P/E of 9.65 against an industry P/E of 19.82. Its FY26 revenue rose 10.1% and net profit rose 630.7%, with return on equity at 11.86%. 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 2450 stocks expensive right now?
Ans. Valuations vary across the group. Gravita India trades at a P/E of 26.25, JSW Steel trades at a P/E of 9.65, Lupin trades at a P/E of 16.46, Narayana Hrudayalaya trades at a P/E of 42.90, 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 2450 stocks pay a dividend?
Ans. Dividend yields on this list are Gravita India 0.45%, JSW Steel 0.71%, Lupin 0.90%, Narayana Hrudayalaya 0.26%, 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. Lupin has the highest ROE on this list at 23.76%, followed by Narayana Hrudayalaya at 17.76% and Great Eastern Shipping at 17.35%. 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 2450 stocks?
Ans. The main risks are price levels that say little about value, steel and freight price swings and a wide spread in valuations. On this list, Narayana Hrudayalaya trades at the highest P/E of 42.90, 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 2450 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.