Under Rs 480 Stocks to Buy in November 2026: 5 Names on the Watchlist
- November 6, 2026
- Posted by: Ankit Jaiswal
- Category: Best Stocks
BEL Rs 395.10. Jubilant Food Rs 456.50. Nuvoco Vistas Rs 345.85. LIC Rs 408.00. Arvind Fashions Rs 354.45. NSE closing prices, 5 Nov 2026.
Quick Answer
Five under Rs 480 stocks to buy on the November 2026 watchlist are Bharat Electronics, Jubilant FoodWorks, Nuvoco Vistas, Life Insurance Corporation of India and Arvind Fashions. 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 480 stocks to buy in November 2026 start with five listed names: Bharat Electronics, Jubilant FoodWorks, Nuvoco Vistas, Life Insurance Corporation of India and Arvind Fashions. Stocks under Rs 480 include a defence electronics maker, the Domino’s Pizza franchisee in India, a cement maker, the largest life insurer and a fashion company, priced from about Rs 346 to Rs 457. Bharat Electronics is part of the Nifty 50.
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 480 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 480 Stocks to Buy in November 2026?
The best under Rs 480 stocks to buy in November 2026 for a watchlist are Bharat Electronics, Jubilant FoodWorks, Nuvoco Vistas, Life Insurance Corporation of India and Arvind Fashions. 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 | 395.10 | Rs 2,71,924 crore | 44.23 | 25.27% | 0.67% |
| Jubilant FoodWorks | 456.50 | Rs 27,786 crore | 61.74 | 18.69% | 0.28% |
| Nuvoco Vistas | 345.85 | Rs 11,940 crore | 28.79 | 4.34% | 0.00% |
| Life Insurance Corporation of India | 408.00 | Rs 4,99,928 crore | 8.33 | 32.53% | 1.27% |
| Arvind Fashions | 354.45 | Rs 4,803 crore | 25.77 | 12.99% | 0.45% |
On valuation, Life Insurance Corporation of India and Arvind Fashions trade below the industry P/E; Bharat Electronics, Jubilant FoodWorks and Nuvoco Vistas sit close to it. Valuation is the first filter for any under Rs 480 stocks to buy list, and it is covered again in the risk section.
Why These Under Rs 480 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 defence electronics maker supplying radars and communication systems, the master franchisee of Domino’s Pizza in India, a cement and ready-mix concrete maker focused on east India, India’s largest life insurer and a fashion company with licensed and owned brands, all of which closed below Rs 480 on the NSE on 5 November. Investors searching for the best stocks under Rs 480 in India should check earnings, valuation and debt.
Bharat Electronics: The Defence Electronics Maker Among Under Rs 480 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 395.10 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.
Jubilant FoodWorks: The Domino’s Operator Among Under Rs 480 Stocks to Buy
Jubilant FoodWorks is the master franchisee of Domino’s Pizza in India, which also runs other restaurant brands. The stock trades at Rs 456.50 with a market capitalisation of Rs 27,786 crore and a P/E of 61.74, against an industry P/E of 67.43.
FY26 revenue rose 17.2% to Rs 9,587 crore and net profit rose 54.4% to Rs 386 crore. In the June 2026 quarter, revenue grew 13.6% year on year to Rs 2,588 crore, while net profit grew 6.0% to Rs 100 crore.
Return on equity is 18.69%, debt-to-equity is 2.14, and the dividend yield is 0.28%. Promoters hold 40.27%, foreign institutions 13.29% and domestic institutions 40.34% as of September 2026. Domestic institutional holding has risen from 33.25% to 40.34% over the last year. A point to keep in view: at a P/E of 61.74, expectations are already high, and debt is higher than most names on this list.
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Nuvoco Vistas: The Eastern India Cement Name Among Under Rs 480 Stocks to Buy
Nuvoco Vistas is a cement and ready-mix concrete maker focused on east India. At Rs 345.85, the stock has a market capitalisation of Rs 11,940 crore and trades at 28.79 times earnings, while the industry P/E is 30.98.
Reported numbers show FY26 revenue of Rs 11,362 crore, up 9.5% year on year, with net profit at Rs 359 crore, up 1545.4%. The September 2026 quarter added revenue of Rs 2,793 crore (up 13.5%) and net profit of Rs 64.8 crore (up 77.8%).
Return on equity is 4.34%, debt-to-equity is 0.58, and the dividend yield is negligible. Promoters hold 72.02%, foreign institutions 4.63% and domestic institutions 16.82% as of September 2026. A point to keep in view: return on equity is a modest 4.34%.
Life Insurance Corporation of India: The Insurance Giant Among Under Rs 480 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 408.00 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.
Arvind Fashions: The Brand-Led Fashion Retailer Among Under Rs 480 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 354.45 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.
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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 480 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% |
| Jubilant FoodWorks | 17.2% | 54.4% | Jun 2026 | 13.6% | 6.0% |
| Nuvoco Vistas | 9.5% | 1545.4% | Sep 2026 | 13.5% | 77.8% |
| Life Insurance Corporation of India | 10.2% | 18.9% | Jun 2026 | 7.0% | 24.0% |
| Arvind Fashions | 14.0% | 437.4% | Jun 2026 | 14.6% | 11.1% |
Factors That Move Under Rs 480 Stocks to Buy
Four factors tend to drive under Rs 480 stocks, and each one is worth checking before a purchase.
- Earnings growth: Profit should be rising.
- Sector mix: Defence, food, cement, insurance and fashion differ.
- Return on equity: LIC leads at about 33%.
- Valuation: P/E runs from about 8 to 62.
Risks to Keep in Mind Before Buying Under Rs 480 Stocks
The first risk is that a low share price says little about value, so earnings and valuation matter more. The second is that Jubilant FoodWorks trades at a P/E above 60 while LIC trades near 8. Check results every quarter.
On the numbers, Jubilant FoodWorks trades at the highest P/E on this list at 61.74, so its earnings need to keep growing to support the price. Under Rs 480 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 480 Stocks to Buy
- Look at earnings: Price alone is not a signal.
- Check P/E: LIC trades lowest.
- Read dividends: LIC yields the most.
- Diversify: Spread across the five sectors.
How to Invest in Under Rs 480 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 Nuvoco Vistas posted the fastest net profit growth in its latest full year at 1545.4%. Among the best under Rs 480 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 480 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 480 Stocks to Buy
Which are the best under Rs 480 stocks to buy in November 2026?
Ans. The five under Rs 480 stocks on the November 2026 watchlist are Bharat Electronics, Jubilant FoodWorks, Nuvoco Vistas, Life Insurance Corporation of India and Arvind Fashions. Life Insurance Corporation of India has both the lowest P/E at 8.33 and the highest ROE at 32.53%, and Nuvoco Vistas grew net profit 1545.4% 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 480 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 480 stocks expensive right now?
Ans. Valuations vary across the group. Bharat Electronics trades at a P/E of 44.23, Jubilant FoodWorks trades at a P/E of 61.74, Nuvoco Vistas trades at a P/E of 28.79, Life Insurance Corporation of India trades at a P/E of 8.33, Arvind Fashions trades at a P/E of 25.77, against industry multiples ranging from 10.22 to 67.43. Higher multiples reflect faster growth but also leave less room for earnings misses, so entry price deserves attention.
Which of these under Rs 480 stocks pay a dividend?
Ans. Dividend yields on this list are Bharat Electronics 0.67%, Jubilant FoodWorks 0.28%, Life Insurance Corporation of India 1.27%, Arvind Fashions 0.45%. Yields are modest across the group, so most investors look at these stocks for growth in earnings rather than for income, and 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 Jubilant FoodWorks at 18.69%. 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 480 stocks?
Ans. The main risks are low prices that say little about value, defence order timing and a wide gap in valuations. On this list, Jubilant FoodWorks trades at the highest P/E of 61.74, 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 480 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.
