{"id":340245,"date":"2026-11-05T12:08:37","date_gmt":"2026-11-05T06:38:37","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=340245"},"modified":"2026-11-05T12:08:37","modified_gmt":"2026-11-05T06:38:37","slug":"under-rs-3500-stocks-to-buy","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/under-rs-3500-stocks-to-buy\/","title":{"rendered":"Under Rs 3500 Stocks to Buy in November 2026: 5 Names on the Watchlist"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Asian Paints Rs 2,418. Mphasis Rs 2,468. M&#038;M Rs 2,962. Grasim Rs 3,138. TCS Rs 2,436. NSE closing prices, 4 Nov 2026.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Five under Rs 3500 stocks to buy on the November 2026 watchlist are Asian Paints, Mphasis, Mahindra and Mahindra, Grasim Industries and Tata Consultancy Services. All five grew revenue in their latest full year, and all five also grew net profit. Tata Consultancy Services has both the lowest P\/E at 17.15 and the highest return on equity at 43.37%. Check each valuation against your own risk appetite before acting.<\/p>\n<\/p><\/div>\n<p>The under Rs 3500 stocks to buy in November 2026 start with five listed names: Asian Paints, Mphasis, Mahindra and Mahindra, Grasim Industries and Tata Consultancy Services. Stocks under Rs 3,500 include a paint maker, two IT services companies, a vehicle and tractor maker and a diversified Aditya Birla Group company, priced from about Rs 2,418 to Rs 3,138.<\/p>\n<p>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 3500 stocks to buy to a portfolio. All prices are NSE closing prices of 4 November 2026, and financials come from company filings.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=under-rs-3500-stocks-to-buy\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/under-rs-3500-stocks-to-buy\/#Which_Are_the_Best_Under_Rs_3500_Stocks_to_Buy_in_November_2026\" title=\"Which Are the Best Under Rs 3500 Stocks to Buy in November 2026?\">Which Are the Best Under Rs 3500 Stocks to Buy in November 2026?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/under-rs-3500-stocks-to-buy\/#Why_These_Under_Rs_3500_Stocks_to_Buy_Are_in_Focus\" title=\"Why These Under Rs 3500 Stocks to Buy Are in Focus\">Why These Under Rs 3500 Stocks to Buy Are in Focus<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/under-rs-3500-stocks-to-buy\/#Asian_Paints_The_Paint_Market_Leader_Among_Under_Rs_3500_Stocks_to_Buy\" title=\"Asian Paints: The Paint Market Leader Among Under Rs 3500 Stocks to Buy\">Asian Paints: The Paint Market Leader Among Under Rs 3500 Stocks to Buy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/under-rs-3500-stocks-to-buy\/#Mphasis_The_BFSI-Focused_Services_Name_Among_Under_Rs_3500_Stocks_to_Buy\" title=\"Mphasis: The BFSI-Focused Services Name Among Under Rs 3500 Stocks to Buy\">Mphasis: The BFSI-Focused Services Name Among Under Rs 3500 Stocks to Buy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/under-rs-3500-stocks-to-buy\/#Mahindra_and_Mahindra_The_SUV_and_Tractor_Leader_Among_Under_Rs_3500_Stocks_to_Buy\" title=\"Mahindra and Mahindra: The SUV and Tractor Leader Among Under Rs 3500 Stocks to Buy\">Mahindra and Mahindra: The SUV and Tractor Leader Among Under Rs 3500 Stocks to Buy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/under-rs-3500-stocks-to-buy\/#Grasim_Industries_The_Diversified_Group_Company_Among_Under_Rs_3500_Stocks_to_Buy\" title=\"Grasim Industries: The Diversified Group Company Among Under Rs 3500 Stocks to Buy\">Grasim Industries: The Diversified Group Company Among Under Rs 3500 Stocks to Buy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/under-rs-3500-stocks-to-buy\/#Tata_Consultancy_Services_The_IT_Services_Bellwether_Among_Under_Rs_3500_Stocks_to_Buy\" title=\"Tata Consultancy Services: The IT Services Bellwether Among Under Rs 3500 Stocks to Buy\">Tata Consultancy Services: The IT Services Bellwether Among Under Rs 3500 Stocks to Buy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/under-rs-3500-stocks-to-buy\/#Growth_Snapshot_Latest_Full_Year_and_Latest_Quarter\" title=\"Growth Snapshot: Latest Full Year and Latest Quarter\">Growth Snapshot: Latest Full Year and Latest Quarter<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/under-rs-3500-stocks-to-buy\/#Factors_That_Move_Under_Rs_3500_Stocks_to_Buy\" title=\"Factors That Move Under Rs 3500 Stocks to Buy\">Factors That Move Under Rs 3500 Stocks to Buy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/under-rs-3500-stocks-to-buy\/#Risks_to_Keep_in_Mind_Before_Buying_Under_Rs_3500_Stocks\" title=\"Risks to Keep in Mind Before Buying Under Rs 3500 Stocks\">Risks to Keep in Mind Before Buying Under Rs 3500 Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/under-rs-3500-stocks-to-buy\/#How_to_Choose_Under_Rs_3500_Stocks_to_Buy\" title=\"How to Choose Under Rs 3500 Stocks to Buy\">How to Choose Under Rs 3500 Stocks to Buy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/under-rs-3500-stocks-to-buy\/#How_to_Invest_in_Under_Rs_3500_Stocks\" title=\"How to Invest in Under Rs 3500 Stocks\">How to Invest in Under Rs 3500 Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/under-rs-3500-stocks-to-buy\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/under-rs-3500-stocks-to-buy\/#Frequently_Asked_Questions_on_Under_Rs_3500_Stocks_to_Buy\" title=\"Frequently Asked Questions on Under Rs 3500 Stocks to Buy\">Frequently Asked Questions on Under Rs 3500 Stocks to Buy<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/under-rs-3500-stocks-to-buy\/#Which_are_the_best_under_Rs_3500_stocks_to_buy_in_November_2026\" title=\"Which are the best under Rs 3500 stocks to buy in November 2026?\">Which are the best under Rs 3500 stocks to buy in November 2026?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/under-rs-3500-stocks-to-buy\/#Is_Tata_Consultancy_Services_a_good_stock_to_buy_from_this_Under_Rs_3500_list\" title=\"Is Tata Consultancy Services a good stock to buy from this Under Rs 3500 list?\">Is Tata Consultancy Services a good stock to buy from this Under Rs 3500 list?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/under-rs-3500-stocks-to-buy\/#Are_these_under_Rs_3500_stocks_expensive_right_now\" title=\"Are these under Rs 3500 stocks expensive right now?\">Are these under Rs 3500 stocks expensive right now?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/under-rs-3500-stocks-to-buy\/#Which_of_these_under_Rs_3500_stocks_pay_a_dividend\" title=\"Which of these under Rs 3500 stocks pay a dividend?\">Which of these under Rs 3500 stocks pay a dividend?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/under-rs-3500-stocks-to-buy\/#Which_stock_on_this_list_has_the_highest_return_on_equity\" title=\"Which stock on this list has the highest return on equity?\">Which stock on this list has the highest return on equity?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/under-rs-3500-stocks-to-buy\/#What_are_the_risks_of_investing_in_under_Rs_3500_stocks\" title=\"What are the risks of investing in under Rs 3500 stocks?\">What are the risks of investing in under Rs 3500 stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/univest.in\/blogs-2\/under-rs-3500-stocks-to-buy\/#How_can_I_invest_in_under_Rs_3500_stocks_in_India\" title=\"How can I invest in under Rs 3500 stocks in India?\">How can I invest in under Rs 3500 stocks in India?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Which_Are_the_Best_Under_Rs_3500_Stocks_to_Buy_in_November_2026\"><\/span><strong>Which Are the Best Under Rs 3500 Stocks to Buy in November 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The best under Rs 3500 stocks to buy in November 2026 for a watchlist are Asian Paints, Mphasis, Mahindra and Mahindra, Grasim Industries and Tata Consultancy Services. 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.<\/p>\n<table style=\"border-collapse:collapse;width:100%;\" border=\"1\" cellpadding=\"6\">\n<thead>\n<tr>\n<th>Company<\/th>\n<th>CMP (Rs)<\/th>\n<th>Market Cap<\/th>\n<th>P\/E<\/th>\n<th>ROE<\/th>\n<th>Dividend Yield<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/asianpaint\/asian-paints-ltd-share-price-today\">Asian Paints<\/a><\/td>\n<td>2,418<\/td>\n<td>Rs 2,19,177 crore<\/td>\n<td>45.31<\/td>\n<td>20.24%<\/td>\n<td>1.20%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/mphasis\/mphasis-ltd-share-price-today\">Mphasis<\/a><\/td>\n<td>2,468<\/td>\n<td>Rs 48,565 crore<\/td>\n<td>25.42<\/td>\n<td>17.34%<\/td>\n<td>2.44%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/mandm\/mahindra-and-mahindra-ltd-share-price-today\">Mahindra and Mahindra<\/a><\/td>\n<td>2,962<\/td>\n<td>Rs 3,56,893 crore<\/td>\n<td>17.63<\/td>\n<td>18.37%<\/td>\n<td>1.11%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/grasim\/grasim-industries-ltd-share-price-today\">Grasim Industries<\/a><\/td>\n<td>3,138<\/td>\n<td>Rs 1,98,390 crore<\/td>\n<td>17.62<\/td>\n<td>4.80%<\/td>\n<td>0.34%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/tcs\/tata-consultancy-services-ltd-share-price-today\">Tata Consultancy Services<\/a><\/td>\n<td>2,436<\/td>\n<td>Rs 8,89,326 crore<\/td>\n<td>17.15<\/td>\n<td>43.37%<\/td>\n<td>4.48%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>On valuation, Mahindra and Mahindra and Grasim Industries trade below the industry P\/E; Asian Paints and Tata Consultancy Services sit close to it; Mphasis carries a premium. Valuation is the first filter for any under Rs 3500 stocks to buy list, and it is covered again in the risk section.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_These_Under_Rs_3500_Stocks_to_Buy_Are_in_Focus\"><\/span><strong>Why These Under Rs 3500 Stocks to Buy Are in Focus<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>These are large, widely held names whose per-share prices run into the thousands, and each has a market capitalisation above Rs 48,000 crore. The list covers a large paint maker, the IT services company with the largest market capitalisation in India, a mid-sized IT firm focused on banking, an SUV and tractor maker and a diversified group company. Investors searching for the best stocks under Rs 3,500 in India should check earnings, valuation and dividends, since a high price does not mean high value.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Asian_Paints_The_Paint_Market_Leader_Among_Under_Rs_3500_Stocks_to_Buy\"><\/span><strong>Asian Paints: The Paint Market Leader Among Under Rs 3500 Stocks to Buy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Asian Paints is India&#8217;s largest paint maker, with a vast dealer network and a growing home-decor business. Its market capitalisation is Rs 2,19,177 crore, the share price is Rs 2,418 and the P\/E of 45.31 compares with an industry P\/E of 41.91.<\/p>\n<p>Over FY26, net profit rose 18.5% to Rs 4,395 crore on revenue of Rs 36,307 crore, which was up 5.3%. The latest quarter, the June 2026 quarter, brought revenue of Rs 10,783 crore, up 18.1% year on year, and net profit of Rs 1,559 crore, up 39.6%.<\/p>\n<p>Return on equity is 20.24%, debt-to-equity is 0.18, and the dividend yield is 1.20%. Promoters hold 52.65%, foreign institutions 13.76% and domestic institutions 19.42% as of September 2026. Foreign institutional holding has risen from 11.64% to 13.76% over the last year.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Mphasis_The_BFSI-Focused_Services_Name_Among_Under_Rs_3500_Stocks_to_Buy\"><\/span><strong>Mphasis: The BFSI-Focused Services Name Among Under Rs 3500 Stocks to Buy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Mphasis is an IT services company focused on banking, financial services and technology clients. The stock trades at Rs 2,468 with a market capitalisation of Rs 48,565 crore and a P\/E of 25.42, against an industry P\/E of 18.92.<\/p>\n<p>FY26 revenue rose 11.9% to Rs 16,206 crore and net profit rose 9.4% to Rs 1,863 crore. In the June 2026 quarter, revenue grew 17.1% year on year to Rs 4,467 crore, while net profit grew 10.8% to Rs 490 crore.<\/p>\n<p>Return on equity is 17.34%, debt-to-equity is 0.24, and the dividend yield is 2.44%. Promoters hold 30.53%, foreign institutions 19.39% and domestic institutions 45.85% as of September 2026. Domestic institutional holding has risen from 37.07% to 45.85% over the last year.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check Under Rs 3500 Stocks Live on the Univest Screener<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Mahindra_and_Mahindra_The_SUV_and_Tractor_Leader_Among_Under_Rs_3500_Stocks_to_Buy\"><\/span><strong>Mahindra and Mahindra: The SUV and Tractor Leader Among Under Rs 3500 Stocks to Buy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Mahindra and Mahindra is India&#8217;s leading SUV and tractor maker, with farm equipment, commercial vehicles and services arms. At Rs 2,962, the stock has a market capitalisation of Rs 3,56,893 crore and trades at 17.63 times earnings, while the industry P\/E is 23.63.<\/p>\n<p>Reported numbers show FY26 revenue of Rs 2,02,084 crore, up 25.2% year on year, with net profit at Rs 18,622 crore, up 32.3%. The June 2026 quarter added revenue of Rs 59,204 crore (up 27.5%) and net profit of Rs 5,998 crore (up 37.0%).<\/p>\n<p>Return on equity is 18.37%, debt-to-equity is 1.44, and the dividend yield is 1.11%. Promoters hold 18.39%, foreign institutions 33.35% and domestic institutions 34.24% as of September 2026. Domestic institutional holding has risen from 29.96% to 34.24% over the last year. A point to keep in view: debt is higher than most names on this list.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Grasim_Industries_The_Diversified_Group_Company_Among_Under_Rs_3500_Stocks_to_Buy\"><\/span><strong>Grasim Industries: The Diversified Group Company Among Under Rs 3500 Stocks to Buy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Grasim Industries is a diversified Aditya Birla Group company with chemicals, fibre and paints businesses and a holding in UltraTech Cement. Its market capitalisation is Rs 1,98,390 crore, the share price is Rs 3,138 and the P\/E of 17.62 compares with an industry P\/E of 30.10.<\/p>\n<p>Over FY26, net profit rose 32.8% to Rs 10,300 crore on revenue of Rs 1,76,611 crore, which was up 17.8%. The latest quarter, the June 2026 quarter, brought revenue of Rs 49,021 crore, up 21.2% year on year, and net profit of Rs 3,846 crore, up 38.8%.<\/p>\n<p>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%.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Tata_Consultancy_Services_The_IT_Services_Bellwether_Among_Under_Rs_3500_Stocks_to_Buy\"><\/span><strong>Tata Consultancy Services: The IT Services Bellwether Among Under Rs 3500 Stocks to Buy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Tata Consultancy Services is India&#8217;s largest IT services company by market capitalisation, with a global client base. The stock trades at Rs 2,436 with a market capitalisation of Rs 8,89,326 crore and a P\/E of 17.15, against an industry P\/E of 17.58.<\/p>\n<p>FY26 revenue rose 4.7% to Rs 2,71,423 crore and net profit rose 1.3% to Rs 49,454 crore. In the September 2026 quarter, revenue grew 11.8% year on year to Rs 74,525 crore, while net profit grew 14.9% to Rs 13,934 crore.<\/p>\n<p>Return on equity is 43.37%, debt-to-equity is 0.10, and the dividend yield is 4.48%. Promoters hold 71.77%, foreign institutions 9.01% and domestic institutions 12.46% as of September 2026.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"https:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track these under Rs 3500 stocks live and get daily stock recommendations.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Growth_Snapshot_Latest_Full_Year_and_Latest_Quarter\"><\/span><strong>Growth Snapshot: Latest Full Year and Latest Quarter<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table compares year-on-year growth in revenue and net profit for all five under Rs 3500 stocks, using filed results.<\/p>\n<table style=\"border-collapse:collapse;width:100%;\" border=\"1\" cellpadding=\"6\">\n<thead>\n<tr>\n<th>Company<\/th>\n<th>Full-Year Revenue Growth<\/th>\n<th>Full-Year Profit Growth<\/th>\n<th>Latest Quarter<\/th>\n<th>Quarter Revenue Growth<\/th>\n<th>Quarter Profit Growth<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Asian Paints<\/td>\n<td>5.3%<\/td>\n<td>18.5%<\/td>\n<td>Jun 2026<\/td>\n<td>18.1%<\/td>\n<td>39.6%<\/td>\n<\/tr>\n<tr>\n<td>Mphasis<\/td>\n<td>11.9%<\/td>\n<td>9.4%<\/td>\n<td>Jun 2026<\/td>\n<td>17.1%<\/td>\n<td>10.8%<\/td>\n<\/tr>\n<tr>\n<td>Mahindra and Mahindra<\/td>\n<td>25.2%<\/td>\n<td>32.3%<\/td>\n<td>Jun 2026<\/td>\n<td>27.5%<\/td>\n<td>37.0%<\/td>\n<\/tr>\n<tr>\n<td>Grasim Industries<\/td>\n<td>17.8%<\/td>\n<td>32.8%<\/td>\n<td>Jun 2026<\/td>\n<td>21.2%<\/td>\n<td>38.8%<\/td>\n<\/tr>\n<tr>\n<td>Tata Consultancy Services<\/td>\n<td>4.7%<\/td>\n<td>1.3%<\/td>\n<td>Sep 2026<\/td>\n<td>11.8%<\/td>\n<td>14.9%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Factors_That_Move_Under_Rs_3500_Stocks_to_Buy\"><\/span><strong>Factors That Move Under Rs 3500 Stocks to Buy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Four factors tend to drive under Rs 3500 stocks, and each one is worth checking before a purchase.<\/p>\n<ul>\n<li><strong>Scale:<\/strong> Large companies tend to trade easily.<\/li>\n<li><strong>Dividends:<\/strong> All five pay dividends.<\/li>\n<li><strong>Sector mix:<\/strong> Paints, IT, autos and diversified manufacturing differ.<\/li>\n<li><strong>Valuation:<\/strong> Compare P\/E with the industry.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Risks_to_Keep_in_Mind_Before_Buying_Under_Rs_3500_Stocks\"><\/span><strong>Risks to Keep in Mind Before Buying Under Rs 3500 Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The first risk is that IT services depend on global client spending, while paints, autos and diversified businesses follow domestic demand and input costs. The second is that a high per-share price says nothing about value. Check results every quarter.<\/p>\n<p>On the numbers, Asian Paints trades at the highest P\/E on this list at 45.31, so its earnings need to keep growing to support the price. Under Rs 3500 stocks to buy can still fall when markets turn weak, and a staggered entry has historically suited investors better than a lump-sum purchase.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Choose_Under_Rs_3500_Stocks_to_Buy\"><\/span><strong>How to Choose Under Rs 3500 Stocks to Buy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Check growth:<\/strong> Look at revenue and profit trends.<\/li>\n<li><strong>Read dividend history:<\/strong> Several years of payouts matter.<\/li>\n<li><strong>Review debt:<\/strong> Diversified groups can carry more of it.<\/li>\n<li><strong>Compare valuations:<\/strong> Large names often trade at premiums.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Invest_in_Under_Rs_3500_Stocks\"><\/span><strong>How to Invest in Under Rs 3500 Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>Shortlist two or three companies from this list that match your risk appetite.<\/li>\n<li>Open the Univest Screener and compare P\/E, ROE and debt for each stock.<\/li>\n<li>Check the latest quarterly results and shareholding pattern on NSE or BSE.<\/li>\n<li>Decide an amount you can hold for three to five years and split it into two or three purchases.<\/li>\n<li>Review the holding after every quarterly result instead of reacting to daily price moves.<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Tata Consultancy Services offers both the lowest P\/E on this list at 17.15 and the highest return on equity at 43.37%, and Grasim Industries posted the fastest net profit growth in its latest full year at 32.8%. Among the best under Rs 3500 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 3500 stocks to buy.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> 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).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_on_Under_Rs_3500_Stocks_to_Buy\"><\/span><strong>Frequently Asked Questions on Under Rs 3500 Stocks to Buy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Which_are_the_best_under_Rs_3500_stocks_to_buy_in_November_2026\"><\/span><strong>Which are the best under Rs 3500 stocks to buy in November 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The five under Rs 3500 stocks on the November 2026 watchlist are Asian Paints, Mphasis, Mahindra and Mahindra, Grasim Industries and Tata Consultancy Services. Tata Consultancy Services has both the lowest P\/E at 17.15 and the highest ROE at 43.37%, and Grasim Industries grew net profit 32.8% in its latest full year. This is educational content, not investment advice, so please consult a SEBI-registered advisor.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Tata_Consultancy_Services_a_good_stock_to_buy_from_this_Under_Rs_3500_list\"><\/span><strong>Is Tata Consultancy Services a good stock to buy from this Under Rs 3500 list?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Tata Consultancy Services is the largest company on this list with a market capitalisation of Rs 8,89,326 crore and a P\/E of 17.15 against an industry P\/E of 17.58. Its FY26 revenue rose 4.7% and net profit rose 1.3%, with return on equity at 43.37%. Whether it suits you depends on your risk appetite and holding period, so please consult a SEBI-registered advisor before investing.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Are_these_under_Rs_3500_stocks_expensive_right_now\"><\/span><strong>Are these under Rs 3500 stocks expensive right now?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Valuations vary across the group. Asian Paints trades at a P\/E of 45.31, Mphasis trades at a P\/E of 25.42, Mahindra and Mahindra trades at a P\/E of 17.63, Grasim Industries trades at a P\/E of 17.62, Tata Consultancy Services trades at a P\/E of 17.15, against industry multiples ranging from 17.58 to 41.91. Higher multiples reflect faster growth but also leave less room for earnings misses, so entry price deserves attention.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_of_these_under_Rs_3500_stocks_pay_a_dividend\"><\/span><strong>Which of these under Rs 3500 stocks pay a dividend?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Dividend yields on this list are Asian Paints 1.20%, Mphasis 2.44%, Mahindra and Mahindra 1.11%, Grasim Industries 0.34%, Tata Consultancy Services 4.48%. 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.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_stock_on_this_list_has_the_highest_return_on_equity\"><\/span><strong>Which stock on this list has the highest return on equity?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Tata Consultancy Services has the highest ROE on this list at 43.37%, followed by Asian Paints at 20.24% and Mahindra and Mahindra at 18.37%. A higher ROE shows a company earns more profit on shareholder capital, but it should be read alongside valuation and debt.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_risks_of_investing_in_under_Rs_3500_stocks\"><\/span><strong>What are the risks of investing in under Rs 3500 stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The main risks are global client spending for IT, domestic demand and input costs and premium valuations. On this list, Asian Paints trades at the highest P\/E of 45.31, which leaves less room for earnings disappointments. Staggered buying and a long holding period can help manage these risks.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_can_I_invest_in_under_Rs_3500_stocks_in_India\"><\/span><strong>How can I invest in under Rs 3500 stocks in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 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.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Which are the best under Rs 3500 stocks to buy in November 2026?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The five under Rs 3500 stocks on the November 2026 watchlist are Asian Paints, Mphasis, Mahindra and Mahindra, Grasim Industries and Tata Consultancy Services. Tata Consultancy Services has both the lowest P\/E at 17.15 and the highest ROE at 43.37%, and Grasim Industries grew net profit 32.8% in its latest full year. This is educational content, not investment advice, so please consult a SEBI-registered advisor.\"}},{\"@type\":\"Question\",\"name\":\"Is Tata Consultancy Services a good stock to buy from this Under Rs 3500 list?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Tata Consultancy Services is the largest company on this list with a market capitalisation of Rs 8,89,326 crore and a P\/E of 17.15 against an industry P\/E of 17.58. Its FY26 revenue rose 4.7% and net profit rose 1.3%, with return on equity at 43.37%. Whether it suits you depends on your risk appetite and holding period, so please consult a SEBI-registered advisor before investing.\"}},{\"@type\":\"Question\",\"name\":\"Are these under Rs 3500 stocks expensive right now?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Valuations vary across the group. Asian Paints trades at a P\/E of 45.31, Mphasis trades at a P\/E of 25.42, Mahindra and Mahindra trades at a P\/E of 17.63, Grasim Industries trades at a P\/E of 17.62, Tata Consultancy Services trades at a P\/E of 17.15, against industry multiples ranging from 17.58 to 41.91. Higher multiples reflect faster growth but also leave less room for earnings misses, so entry price deserves attention.\"}},{\"@type\":\"Question\",\"name\":\"Which of these under Rs 3500 stocks pay a dividend?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Dividend yields on this list are Asian Paints 1.20%, Mphasis 2.44%, Mahindra and Mahindra 1.11%, Grasim Industries 0.34%, Tata Consultancy Services 4.48%. 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.\"}},{\"@type\":\"Question\",\"name\":\"Which stock on this list has the highest return on equity?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Tata Consultancy Services has the highest ROE on this list at 43.37%, followed by Asian Paints at 20.24% and Mahindra and Mahindra at 18.37%. A higher ROE shows a company earns more profit on shareholder capital, but it should be read alongside valuation and debt.\"}},{\"@type\":\"Question\",\"name\":\"What are the risks of investing in under Rs 3500 stocks?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The main risks are global client spending for IT, domestic demand and input costs and premium valuations. On this list, Asian Paints trades at the highest P\/E of 45.31, which leaves less room for earnings disappointments. Staggered buying and a long holding period can help manage these risks.\"}},{\"@type\":\"Question\",\"name\":\"How can I invest in under Rs 3500 stocks in India?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"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.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Five under Rs 3500 stocks on the November 2026 watchlist with FY26 growth, valuation, ROE, shareholding and risks for Asian Paints, Mphasis, M&#038;M, Grasim and TCS.<\/p>\n","protected":false},"author":36,"featured_media":340244,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[603,3927,7024,20389,1241],"class_list":["post-340245","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-asian-paints","tag-large-cap-stocks","tag-mahindra-and-mahindra","tag-stocks-under-3500","tag-tcs"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["340244"],"rank_math_title":["Under Rs 3500 Stocks to Buy in Nov 2026: Top 5 Picks"],"rank_math_description":["Under Rs 3500 stocks to buy in November 2026: Asian Paints, Mphasis, M&amp;M, Grasim and TCS, with FY26 growth, valuation, ROE and key risks for each. 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