Under Rs 5100 Stocks to Buy in November 2026: 5 Names on the Watchlist
- November 12, 2026
- Posted by: Neeraj Pandey
- Category: Best Stocks
Ajanta Pharma Rs 3,320. Grasim Rs 3,157. L&T Rs 4,212. MCX Rs 3,618. Muthoot Rs 2,900. NSE closing prices, 11 Nov 2026.
Quick Answer
Five under Rs 5100 stocks to buy on the November 2026 watchlist are Ajanta Pharma, Grasim Industries, Larsen and Toubro, Multi Commodity Exchange of India and Muthoot Finance. All five grew revenue in their latest full year, and all five also grew net profit. Muthoot Finance has the lowest P/E at 8.46, while Multi Commodity Exchange of India leads on return on equity at 46.75%. Check each valuation against your own risk appetite before acting.
The under Rs 5100 stocks to buy in November 2026 start with five listed names: Ajanta Pharma, Grasim Industries, Larsen and Toubro, Multi Commodity Exchange of India and Muthoot Finance. Stocks under Rs 5,100 include a pharma company, a cement and chemicals group, an engineering major, a commodity exchange and a gold loan lender, priced from about Rs 2,900 to Rs 4,212. Grasim Industries and Larsen and Toubro are part of the Nifty 50 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 5100 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 5100 Stocks to Buy in November 2026?
The best under Rs 5100 stocks to buy in November 2026 for a watchlist are Ajanta Pharma, Grasim Industries, Larsen and Toubro, Multi Commodity Exchange of India and Muthoot Finance. 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 |
|---|---|---|---|---|---|
| Ajanta Pharma | 3,320 | Rs 43,234 crore | 38.10 | 23.33% | 0.81% |
| Grasim Industries | 3,157 | Rs 1,98,390 crore | 17.62 | 4.80% | 0.34% |
| Larsen and Toubro | 4,212 | Rs 5,23,536 crore | 25.06 | 15.81% | 1.00% |
| Multi Commodity Exchange of India | 3,618 | Rs 82,337 crore | 53.41 | 46.75% | 0.25% |
| Muthoot Finance | 2,900 | Rs 96,935 crore | 8.46 | 28.01% | 1.24% |
On valuation, Grasim Industries and Muthoot Finance trade below the industry P/E; Ajanta Pharma sits close to it; Larsen and Toubro and Multi Commodity Exchange of India carry a premium. Valuation is the first filter for any under Rs 5100 stocks to buy list, and it is covered again in the risk section.
Why These Under Rs 5100 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 branded generics pharma company, a cement and chemicals group, the largest engineering and construction group, India’s leading commodity exchange and the largest gold loan lender, all of which closed below Rs 5,100 on the NSE on 11 November. Investors searching for the best stocks under Rs 5,100 in India should check earnings, valuation and debt.
Ajanta Pharma: The Branded Generics Specialist Among Under Rs 5100 Stocks to Buy
Ajanta Pharma is a branded generics company with a strong presence in dermatology, ophthalmology and cardiology in India, Africa and Asia. The stock trades at Rs 3,320 with a market capitalisation of Rs 43,234 crore and a P/E of 38.10, against an industry P/E of 37.65.
FY26 revenue rose 18.6% to Rs 5,625 crore and net profit rose 14.7% to Rs 1,056 crore. In the June 2026 quarter, revenue grew 27.7% year on year to Rs 1,697 crore, while net profit grew 30.9% to Rs 334 crore.
Return on equity is 23.33%, debt-to-equity is 0.06, and the dividend yield is 0.81%. Promoters hold 63.47%, foreign institutions 7.63% and domestic institutions 21.94% as of September 2026. Domestic institutional holding has risen from 17.90% to 21.94% over the last year.
Grasim Industries: The Diversified Group Company Among Under Rs 5100 Stocks to Buy
Grasim Industries is a diversified Aditya Birla Group company with chemicals, fibre and paints businesses and a holding in UltraTech Cement. At Rs 3,157, the stock has a market capitalisation of Rs 1,98,390 crore and trades at 17.62 times earnings, while the industry P/E is 30.10.
Reported numbers show FY26 revenue of Rs 1,76,611 crore, up 17.8% year on year, with net profit at Rs 10,300 crore, up 32.8%. The June 2026 quarter added revenue of Rs 49,021 crore (up 21.2%) and net profit of Rs 3,846 crore (up 38.8%).
Return on equity is 4.80%, debt-to-equity is 2.20, and the dividend yield is 0.34%. Promoters hold 45.20%, foreign institutions 17.09% and domestic institutions 15.25% as of September 2026. A point to keep in view: debt is higher than most names on this list, and return on equity is a modest 4.80%.
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Larsen and Toubro: The Infrastructure Conglomerate Among Under Rs 5100 Stocks to Buy
Larsen and Toubro is an engineering and construction conglomerate spanning infrastructure, defence, energy and IT services. Its market capitalisation is Rs 5,23,536 crore, the share price is Rs 4,212 and the P/E of 25.06 compares with an industry P/E of 21.53.
Over FY26, net profit rose 8.3% to Rs 19,159 crore on revenue of Rs 2,91,635 crore, which was up 12.2%. The latest quarter, the September 2026 quarter, brought revenue of Rs 81,056 crore, up 16.8% year on year, and net profit of Rs 5,915 crore, up 26.2%.
Return on equity is 15.81%, debt-to-equity is 1.24, and the dividend yield is 1.00%. The company has no identified promoter, with foreign institutions holding 19.21% and domestic institutions 42.86% as of September 2026.
Multi Commodity Exchange of India: The Commodity Exchange Among Under Rs 5100 Stocks to Buy
Multi Commodity Exchange of India is India’s leading commodity derivatives exchange. The stock trades at Rs 3,618 with a market capitalisation of Rs 82,337 crore and a P/E of 53.41, against an industry P/E of 42.66.
FY26 revenue rose 100.9% to Rs 2,429 crore and net profit rose 137.8% to Rs 1,332 crore. In the June 2026 quarter, revenue grew 85.3% year on year to Rs 752 crore, while net profit grew 103.5% to Rs 413 crore.
Return on equity is 46.75%, and the dividend yield is 0.25%. The company has no identified promoter, with foreign institutions holding 27.07% and domestic institutions 54.17% as of September 2026. Foreign institutional holding has risen from 19.00% to 27.07% over the last year.
Muthoot Finance: The Gold Loan Leader Among Under Rs 5100 Stocks to Buy
Muthoot Finance is India’s largest gold loan non-banking finance company. At Rs 2,900, the stock has a market capitalisation of Rs 96,935 crore and trades at 8.46 times earnings, while the industry P/E is 16.13.
Reported numbers show FY26 revenue of Rs 31,263 crore, up 54.3% year on year, with net profit at Rs 10,607 crore, up 98.2%. The June 2026 quarter added revenue of Rs 8,695 crore (up 34.5%) and net profit of Rs 2,825 crore (up 43.1%).
Return on equity is 28.01%, and the dividend yield is 1.24%. Promoters hold 73.35%, foreign institutions 9.72% and domestic institutions 11.40% 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 5100 stocks, using filed results.
| Company | Full-Year Revenue Growth | Full-Year Profit Growth | Latest Quarter | Quarter Revenue Growth | Quarter Profit Growth |
|---|---|---|---|---|---|
| Ajanta Pharma | 18.6% | 14.7% | Jun 2026 | 27.7% | 30.9% |
| Grasim Industries | 17.8% | 32.8% | Jun 2026 | 21.2% | 38.8% |
| Larsen and Toubro | 12.2% | 8.3% | Sep 2026 | 16.8% | 26.2% |
| Multi Commodity Exchange of India | 100.9% | 137.8% | Jun 2026 | 85.3% | 103.5% |
| Muthoot Finance | 54.3% | 98.2% | Jun 2026 | 34.5% | 43.1% |
Factors That Move Under Rs 5100 Stocks to Buy
Four factors tend to drive under Rs 5100 stocks, and each one is worth checking before a purchase.
- Earnings growth: Profit should be rising.
- Sector mix: Pharma, cement, engineering, exchanges and gold loans differ.
- Dividends: Muthoot Finance yields about 1.2%.
- Valuation: P/E runs from about 8 to 53.
Risks to Keep in Mind Before Buying Under Rs 5100 Stocks
The first risk is that a higher share price says little about value, so earnings and valuation matter more. The second is that Multi Commodity Exchange of India trades at a P/E near 53 while Muthoot Finance trades near 8, and Muthoot Finance carries the highest borrowings of the five as a lender. Check results every quarter.
On the numbers, Multi Commodity Exchange of India trades at the highest P/E on this list at 53.41, so its earnings need to keep growing to support the price. Under Rs 5100 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 5100 Stocks to Buy
- Look at earnings: Price alone is not a signal.
- Check P/E: Muthoot Finance trades lowest.
- Read ROE: Multi Commodity Exchange of India leads.
- Diversify: Spread across the five sectors.
How to Invest in Under Rs 5100 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
Muthoot Finance offers the lowest P/E on this list at 8.46, Multi Commodity Exchange of India has the highest return on equity at 46.75%, and Multi Commodity Exchange of India posted the fastest net profit growth in its latest full year at 137.8%. Among the best under Rs 5100 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 5100 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 5100 Stocks to Buy
Which are the best under Rs 5100 stocks to buy in November 2026?
Ans. The five under Rs 5100 stocks on the November 2026 watchlist are Ajanta Pharma, Grasim Industries, Larsen and Toubro, Multi Commodity Exchange of India and Muthoot Finance. Muthoot Finance has the lowest P/E at 8.46, Multi Commodity Exchange of India has the highest ROE at 46.75%, and Multi Commodity Exchange of India grew net profit 137.8% in its latest full year. This is educational content, not investment advice, so please consult a SEBI-registered advisor.
Is Larsen and Toubro a good stock to buy from this Under Rs 5100 list?
Ans. Larsen and Toubro is the largest company on this list with a market capitalisation of Rs 5,23,536 crore and a P/E of 25.06 against an industry P/E of 21.53. Its FY26 revenue rose 12.2% and net profit rose 8.3%, with return on equity at 15.81%. 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 5100 stocks expensive right now?
Ans. Valuations vary across the group. Ajanta Pharma trades at a P/E of 38.10, Grasim Industries trades at a P/E of 17.62, Larsen and Toubro trades at a P/E of 25.06, Multi Commodity Exchange of India trades at a P/E of 53.41, Muthoot Finance trades at a P/E of 8.46, against industry multiples ranging from 16.13 to 42.66. Higher multiples reflect faster growth but also leave less room for earnings misses, so entry price deserves attention.
Which of these under Rs 5100 stocks pay a dividend?
Ans. Dividend yields on this list are Ajanta Pharma 0.81%, Grasim Industries 0.34%, Larsen and Toubro 1.00%, Multi Commodity Exchange of India 0.25%, Muthoot Finance 1.24%. 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. Multi Commodity Exchange of India has the highest ROE on this list at 46.75%, followed by Muthoot Finance at 28.01% and Ajanta Pharma at 23.33%. 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 5100 stocks?
Ans. The main risks are price levels that say little about value, gold price swings and trading volume changes at the exchange. On this list, Multi Commodity Exchange of India trades at the highest P/E of 53.41, 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 5100 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.
