Under Rs 380 Stocks to Buy in November 2026: 5 Names on the Watchlist
- November 12, 2026
- Posted by: Neeraj Pandey
- Category: Best Stocks
Arvind Fashions Rs 349.45. Menon Bearings Rs 327.60. SCI Rs 266.68. TRIL Rs 316.25. Vedanta Rs 263.88. NSE closing prices, 11 Nov 2026.
Quick Answer
Five under Rs 380 stocks to buy on the November 2026 watchlist are Arvind Fashions, Menon Bearings, Shipping Corporation of India, Transformers and Rectifiers India and Vedanta. All five grew revenue in their latest full year, and all five also grew net profit. Vedanta has the lowest P/E at 2.91, while Menon Bearings leads on return on equity at 20.64%. Check each valuation against your own risk appetite before acting.
The under Rs 380 stocks to buy in November 2026 start with five listed names: Arvind Fashions, Menon Bearings, Shipping Corporation of India, Transformers and Rectifiers India and Vedanta. Stocks under Rs 380 include an apparel brands company, a bearings maker, a shipping company, a transformer maker and a diversified metals group, priced from about Rs 264 to Rs 349. Vedanta is part of the Nifty Metal 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 380 stocks to buy to a portfolio. All prices are NSE closing prices of 11 November 2026, and financials come from company filings.
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Which Are the Best Under Rs 380 Stocks to Buy in November 2026?
The best under Rs 380 stocks to buy in November 2026 for a watchlist are Arvind Fashions, Menon Bearings, Shipping Corporation of India, Transformers and Rectifiers India and Vedanta. 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 |
|---|---|---|---|---|---|
| Arvind Fashions | 349.45 | Rs 4,803 crore | 25.77 | 12.99% | 0.45% |
| Menon Bearings | 327.60 | Rs 1,506 crore | 34.27 | 20.64% | 0.74% |
| Shipping Corporation of India | 266.68 | Rs 11,822 crore | 7.31 | 14.87% | 2.96% |
| Transformers and Rectifiers India | 316.25 | Rs 9,449 crore | 30.18 | 18.42% | 0.08% |
| Vedanta | 263.88 | Rs 91,112 crore | 2.91 | 9.55% | 14.59% |
On valuation, Arvind Fashions, Shipping Corporation of India, Transformers and Rectifiers India and Vedanta trade below the industry P/E; Menon Bearings sits close to it. Valuation is the first filter for any under Rs 380 stocks to buy list, and it is covered again in the risk section.
Why These Under Rs 380 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 an apparel brands company, a maker of bearings, the country’s largest government-owned shipping line, a maker of power transformers and a diversified metals and mining group, all of which closed below Rs 380 on the NSE on 11 November. Investors searching for the best stocks under Rs 380 in India should check earnings, valuation and debt.
Arvind Fashions: The Brand-Led Fashion Retailer Among Under Rs 380 Stocks to Buy
Arvind Fashions is a fashion company with licensed and owned brands such as US Polo Assn. and Arrow. The stock trades at Rs 349.45 with a market capitalisation of Rs 4,803 crore and a P/E of 25.77, against an industry P/E of 44.21.
FY26 revenue rose 14.0% to Rs 5,307 crore and net profit rose 437.4% to Rs 185 crore. In the June 2026 quarter, revenue grew 14.6% year on year to Rs 1,286 crore, while net profit grew 11.1% to Rs 27.6 crore.
Return on equity is 12.99%, debt-to-equity is 1.42, and the dividend yield is 0.45%. Promoters hold 35.08%, foreign institutions 11.92% and domestic institutions 26.74% as of September 2026. Domestic institutional holding has risen from 22.79% to 26.74% over the last year. A point to keep in view: debt is higher than most names on this list.
Menon Bearings: A Small-Cap Engine Bearing Maker Among Under Rs 380 Stocks to Buy
Menon Bearings is a maker of engine bearings, bushes and aluminium die castings, mainly for automakers. At Rs 327.60, the stock has a market capitalisation of Rs 1,506 crore and trades at 34.27 times earnings, while the industry P/E is 36.13.
Reported numbers show FY26 revenue of Rs 300 crore, up 23.2% year on year, with net profit at Rs 38.2 crore, up 53.4%. The June 2026 quarter added revenue of Rs 94.3 crore (up 37.0%) and net profit of Rs 14.1 crore (up 67.4%).
Return on equity is 20.64%, debt-to-equity is 0.25, and the dividend yield is 0.74%. Promoters hold 66.66%, foreign institutions 0.21% and domestic institutions 2.16% as of September 2026. Domestic institutional holding has risen from 0.00% to 2.16% over the last year.
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Shipping Corporation of India: The Public Sector Shipper Among Under Rs 380 Stocks to Buy
Shipping Corporation of India is a government-owned shipping company. Its market capitalisation is Rs 11,822 crore, the share price is Rs 266.68 and the P/E of 7.31 compares with an industry P/E of 8.59.
Over FY26, net profit rose 60.4% to Rs 1,353 crore on revenue of Rs 6,227 crore, which was up 7.4%. The latest quarter, the June 2026 quarter, brought revenue of Rs 1,957 crore, up 33.8% year on year, 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 380 Stocks to Buy
Transformers and Rectifiers India is a transformer manufacturer for utilities and industry. The stock trades at Rs 316.25 with a market capitalisation of Rs 9,449 crore and a P/E of 30.18, against an industry P/E of 41.42.
FY26 revenue rose 25.3% to Rs 2,570 crore and net profit rose 25.8% to Rs 272 crore. In the September 2026 quarter, revenue grew 56.6% year on year to Rs 742 crore, while net profit grew 117.9% to Rs 81.4 crore.
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.
Vedanta: The Diversified Metals Group Among Under Rs 380 Stocks to Buy
Vedanta is a diversified natural resources company with zinc, aluminium, oil and gas and other businesses. At Rs 263.88, the stock has a market capitalisation of Rs 91,112 crore and trades at 2.91 times earnings, while the industry P/E is 10.98.
Reported numbers show FY26 revenue of Rs 79,987 crore, up 23.9% year on year, with net profit at Rs 12,480 crore, up 34.5%. The September 2026 quarter added revenue of Rs 26,866 crore (up 58.0%) and net profit of Rs 6,202 crore (up 78.3%).
Return on equity is 9.55%, debt-to-equity is 0.56, and the dividend yield is 14.59%. Promoters hold 54.72%, foreign institutions 15.78% and domestic institutions 10.69% as of September 2026. Foreign institutional holding has risen from 11.08% to 15.78% 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 380 stocks, using filed results.
| Company | Full-Year Revenue Growth | Full-Year Profit Growth | Latest Quarter | Quarter Revenue Growth | Quarter Profit Growth |
|---|---|---|---|---|---|
| Arvind Fashions | 14.0% | 437.4% | Jun 2026 | 14.6% | 11.1% |
| Menon Bearings | 23.2% | 53.4% | Jun 2026 | 37.0% | 67.4% |
| 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% |
| Vedanta | 23.9% | 34.5% | Sep 2026 | 58.0% | 78.3% |
Factors That Move Under Rs 380 Stocks to Buy
Four factors tend to drive under Rs 380 stocks, and each one is worth checking before a purchase.
- Earnings growth: Profit should be rising.
- Sector mix: Apparel, bearings, shipping, transformers and metals differ.
- Dividends: Vedanta yields about 14.6%.
- Valuation: P/E runs from about 3 to 34.
Risks to Keep in Mind Before Buying Under Rs 380 Stocks
The first risk is that a low share price says little about value, so earnings and valuation matter more. The second is that Menon Bearings is valued at only about Rs 1,500 crore, so trading can be thin, and Arvind Fashions carries the highest borrowings of the five. Check results every quarter.
On the numbers, Menon Bearings trades at the highest P/E on this list at 34.27, so its earnings need to keep growing to support the price. Under Rs 380 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 380 Stocks to Buy
- Look at earnings: Price alone is not a signal.
- Check P/E: Vedanta trades lowest.
- Read ROE: Menon Bearings leads.
- Diversify: Spread across the five sectors.
How to Invest in Under Rs 380 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
Vedanta offers the lowest P/E on this list at 2.91, Menon Bearings has the highest return on equity at 20.64%, and Arvind Fashions posted the fastest net profit growth in its latest full year at 437.4%. Among the best under Rs 380 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 380 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 380 Stocks to Buy
Which are the best under Rs 380 stocks to buy in November 2026?
Ans. The five under Rs 380 stocks on the November 2026 watchlist are Arvind Fashions, Menon Bearings, Shipping Corporation of India, Transformers and Rectifiers India and Vedanta. Vedanta has the lowest P/E at 2.91, Menon Bearings has the highest ROE at 20.64%, and Arvind Fashions grew net profit 437.4% in its latest full year. This is educational content, not investment advice, so please consult a SEBI-registered advisor.
Is Vedanta a good stock to buy from this Under Rs 380 list?
Ans. Vedanta is the largest company on this list with a market capitalisation of Rs 91,112 crore and a P/E of 2.91 against an industry P/E of 10.98. Its FY26 revenue rose 23.9% and net profit rose 34.5%, with return on equity at 9.55%. 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 380 stocks expensive right now?
Ans. Valuations vary across the group. Arvind Fashions trades at a P/E of 25.77, Menon Bearings trades at a P/E of 34.27, Shipping Corporation of India trades at a P/E of 7.31, Transformers and Rectifiers India trades at a P/E of 30.18, Vedanta trades at a P/E of 2.91, against industry multiples ranging from 8.59 to 44.21. Higher multiples reflect faster growth but also leave less room for earnings misses, so entry price deserves attention.
Which of these under Rs 380 stocks pay a dividend?
Ans. Dividend yields on this list are Arvind Fashions 0.45%, Menon Bearings 0.74%, Shipping Corporation of India 2.96%, Transformers and Rectifiers India 0.08%, Vedanta 14.59%. 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. Menon Bearings has the highest ROE on this list at 20.64%, followed by Transformers and Rectifiers India at 18.42% and Shipping Corporation of India at 14.87%. 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 380 stocks?
Ans. The main risks are low prices that say little about value, thin trading at a very small company and metal price swings. On this list, Menon Bearings trades at the highest P/E of 34.27, 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 380 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.
