Under Rs 360 Stocks to Buy in November 2026: 5 Names on the Watchlist
- November 6, 2026
- Posted by: Harsh Piplani
- Category: Best Stocks
NALCO Rs 326.50. Genus Power Rs 289.35. Gandhar Oil Refinery Rs 254.20. SCI Rs 263.45. TRIL Rs 315.60. NSE closing prices, 5 Nov 2026.
Quick Answer
Five under Rs 360 stocks to buy on the November 2026 watchlist are National Aluminium Company, Genus Power Infrastructures, Gandhar Oil Refinery, Shipping Corporation of India and Transformers and Rectifiers India. All five grew revenue in their latest full year, and all five also grew net profit. Gandhar Oil Refinery has the lowest P/E at 5.24, while National Aluminium Company leads on return on equity at 26.83%. Check each valuation against your own risk appetite before acting.
The under Rs 360 stocks to buy in November 2026 start with five listed names: National Aluminium Company, Genus Power Infrastructures, Gandhar Oil Refinery, Shipping Corporation of India and Transformers and Rectifiers India. Stocks under Rs 360 include an aluminium producer, a smart meter maker, a speciality oil maker, a shipping company and a transformer manufacturer, priced from about Rs 254 to Rs 327.
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 360 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 360 Stocks to Buy in November 2026?
The best under Rs 360 stocks to buy in November 2026 for a watchlist are National Aluminium Company, Genus Power Infrastructures, Gandhar Oil Refinery, Shipping Corporation of India and Transformers and Rectifiers India. 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 |
|---|---|---|---|---|---|
| National Aluminium Company | 326.50 | Rs 59,323 crore | 8.79 | 26.83% | 3.56% |
| Genus Power Infrastructures | 289.35 | Rs 8,470 crore | 13.00 | 26.71% | 0.18% |
| Gandhar Oil Refinery | 254.20 | Rs 2,427 crore | 5.24 | 25.91% | 0.30% |
| Shipping Corporation of India | 263.45 | Rs 11,822 crore | 7.31 | 14.87% | 2.96% |
| Transformers and Rectifiers India | 315.60 | Rs 9,449 crore | 30.18 | 18.42% | 0.08% |
On valuation, National Aluminium Company, Genus Power Infrastructures, Gandhar Oil Refinery, Shipping Corporation of India and Transformers and Rectifiers India trade below the industry P/E. Valuation is the first filter for any under Rs 360 stocks to buy list, and it is covered again in the risk section.
Why These Under Rs 360 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 government-owned integrated aluminium producer, a smart meter and metering solutions maker, a maker of speciality oils such as white oils and transformer oils, a government-owned shipping company and a transformer manufacturer for utilities and industry, all of which closed below Rs 360 on the NSE on 5 November. Investors searching for the best stocks under Rs 360 in India should check earnings, valuation and debt.
National Aluminium Company: The Aluminium Producer Among Under Rs 360 Stocks to Buy
National Aluminium Company is a government-owned integrated aluminium producer. At Rs 326.50, the stock has a market capitalisation of Rs 59,323 crore and trades at 8.79 times earnings, while the industry P/E is 10.98.
Reported numbers show FY26 revenue of Rs 18,509 crore, up 8.0% year on year, with net profit at Rs 5,797 crore, up 10.0%. The June 2026 quarter added revenue of Rs 5,476 crore (up 39.3%) and net profit of Rs 2,003 crore (up 90.9%).
Return on equity is 26.83%, debt-to-equity is 0.00, and the dividend yield is 3.56%. Promoters hold 51.28%, foreign institutions 21.97% and domestic institutions 11.71% as of September 2026. Foreign institutional holding has risen from 16.22% to 21.97% over the last year.
Genus Power Infrastructures: The Smart Meter Maker Among Under Rs 360 Stocks to Buy
Genus Power Infrastructures is a smart meter and metering solutions maker. Its market capitalisation is Rs 8,470 crore, the share price is Rs 289.35 and the P/E of 13.00 compares with an industry P/E of 42.51.
Over FY26, net profit rose 91.7% to Rs 565 crore on revenue of Rs 4,821 crore, which was up 91.0%. The latest quarter, the June 2026 quarter, brought revenue of Rs 1,407 crore, up 46.0% year on year, and net profit of Rs 175 crore, up 35.6%.
Return on equity is 26.71%, debt-to-equity is 1.04, and the dividend yield is 0.18%. Promoters hold 39.34%, foreign institutions 7.43% and domestic institutions 4.74% as of September 2026. Domestic institutional holding has risen from 3.35% to 4.74% over the last year. A point to keep in view: debt is higher than most names on this list.
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Gandhar Oil Refinery: The Specialty Oils Maker Among Under Rs 360 Stocks to Buy
Gandhar Oil Refinery is a maker of speciality oils such as white oils and transformer oils. The stock trades at Rs 254.20 with a market capitalisation of Rs 2,427 crore and a P/E of 5.24, against an industry P/E of 14.94.
FY26 revenue rose 8.8% to Rs 4,255 crore and net profit rose 64.3% to Rs 137 crore. In the September 2026 quarter, revenue grew 72.7% year on year to Rs 1,850 crore, while net profit grew 368.4% to Rs 186 crore.
Return on equity is 25.91%, debt-to-equity is 0.14, and the dividend yield is 0.30%. Promoters hold 66.65%, foreign institutions 5.47% and domestic institutions 0.29% as of September 2026. Foreign institutional holding has risen from 0.17% to 5.47% over the last year.
Shipping Corporation of India: The Public Sector Shipper Among Under Rs 360 Stocks to Buy
Shipping Corporation of India is a government-owned shipping company. At Rs 263.45, the stock has a market capitalisation of Rs 11,822 crore and trades at 7.31 times earnings, while the industry P/E is 8.59.
Reported numbers show FY26 revenue of Rs 6,227 crore, up 7.4% year on year, with net profit at Rs 1,353 crore, up 60.4%. The June 2026 quarter added revenue of Rs 1,957 crore (up 33.8%) and net profit of Rs 619 crore (up 74.9%).
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.
Transformers and Rectifiers India: The Transformer Maker Among Under Rs 360 Stocks to Buy
Transformers and Rectifiers India is a transformer manufacturer for utilities and industry. Its market capitalisation is Rs 9,449 crore, the share price is Rs 315.60 and the P/E of 30.18 compares with an industry P/E of 41.42.
Over FY26, net profit rose 25.8% to Rs 272 crore on revenue of Rs 2,570 crore, which was up 25.3%. The latest quarter, the September 2026 quarter, brought revenue of Rs 742 crore, up 56.6% year on year, and net profit of Rs 81.4 crore, up 117.9%.
Return on equity is 18.42%, debt-to-equity is 0.35, and the dividend yield is 0.08%. Promoters hold 64.36%, foreign institutions 6.99% and domestic institutions 1.19% 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 360 stocks, using filed results.
| Company | Full-Year Revenue Growth | Full-Year Profit Growth | Latest Quarter | Quarter Revenue Growth | Quarter Profit Growth |
|---|---|---|---|---|---|
| National Aluminium Company | 8.0% | 10.0% | Jun 2026 | 39.3% | 90.9% |
| Genus Power Infrastructures | 91.0% | 91.7% | Jun 2026 | 46.0% | 35.6% |
| Gandhar Oil Refinery | 8.8% | 64.3% | Sep 2026 | 72.7% | 368.4% |
| Shipping Corporation of India | 7.4% | 60.4% | Jun 2026 | 33.8% | 74.9% |
| Transformers and Rectifiers India | 25.3% | 25.8% | Sep 2026 | 56.6% | 117.9% |
Factors That Move Under Rs 360 Stocks to Buy
Four factors tend to drive under Rs 360 stocks, and each one is worth checking before a purchase.
- Earnings growth: Profit should be rising.
- Sector mix: Aluminium, meters, oils, shipping and transformers differ.
- Return on equity: All five earn above 14%.
- Dividends: NALCO yields about 3.6%.
Risks to Keep in Mind Before Buying Under Rs 360 Stocks
The first risk is that a low share price says little about value, so earnings and valuation matter more. The second is that Transformers and Rectifiers trades at a P/E above 30 while the other four trade below 14. Check results every quarter.
On the numbers, Transformers and Rectifiers India trades at the highest P/E on this list at 30.18, so its earnings need to keep growing to support the price. Under Rs 360 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 360 Stocks to Buy
- Look at earnings: Price alone is not a signal.
- Check P/E: Gandhar Oil Refinery trades lowest.
- Read dividends: NALCO yields the most.
- Diversify: Spread across the five sectors.
How to Invest in Under Rs 360 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
Gandhar Oil Refinery offers the lowest P/E on this list at 5.24, National Aluminium Company has the highest return on equity at 26.83%, and Genus Power Infrastructures posted the fastest net profit growth in its latest full year at 91.7%. Among the best under Rs 360 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 360 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 360 Stocks to Buy
Which are the best under Rs 360 stocks to buy in November 2026?
Ans. The five under Rs 360 stocks on the November 2026 watchlist are National Aluminium Company, Genus Power Infrastructures, Gandhar Oil Refinery, Shipping Corporation of India and Transformers and Rectifiers India. Gandhar Oil Refinery has the lowest P/E at 5.24, National Aluminium Company has the highest ROE at 26.83%, and Genus Power Infrastructures grew net profit 91.7% in its latest full year. This is educational content, not investment advice, so please consult a SEBI-registered advisor.
Is National Aluminium Company a good stock to buy from this Under Rs 360 list?
Ans. National Aluminium Company is the largest company on this list with a market capitalisation of Rs 59,323 crore and a P/E of 8.79 against an industry P/E of 10.98. Its FY26 revenue rose 8.0% and net profit rose 10.0%, with return on equity at 26.83%. 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 360 stocks expensive right now?
Ans. Valuations vary across the group. National Aluminium Company trades at a P/E of 8.79, Genus Power Infrastructures trades at a P/E of 13.00, Gandhar Oil Refinery trades at a P/E of 5.24, Shipping Corporation of India trades at a P/E of 7.31, Transformers and Rectifiers India trades at a P/E of 30.18, against industry multiples ranging from 8.59 to 42.51. Higher multiples reflect faster growth but also leave less room for earnings misses, so entry price deserves attention.
Which of these under Rs 360 stocks pay a dividend?
Ans. Dividend yields on this list are National Aluminium Company 3.56%, Genus Power Infrastructures 0.18%, Gandhar Oil Refinery 0.30%, Shipping Corporation of India 2.96%, Transformers and Rectifiers India 0.08%. 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. National Aluminium Company has the highest ROE on this list at 26.83%, followed by Genus Power Infrastructures at 26.71% and Gandhar Oil Refinery at 25.91%. 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 360 stocks?
Ans. The main risks are low prices that say little about value, metal and shipping rate cycles and a higher multiple at one name. On this list, Transformers and Rectifiers India trades at the highest P/E of 30.18, 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 360 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.
