{"id":340694,"date":"2026-11-05T13:51:40","date_gmt":"2026-11-05T08:21:40","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=340694"},"modified":"2026-11-05T13:51:40","modified_gmt":"2026-11-05T08:21:40","slug":"under-rs-1600-stocks-to-buy","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/under-rs-1600-stocks-to-buy\/","title":{"rendered":"Under Rs 1600 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>Syrma SGS Rs 1,513. Astral Rs 1,424. Gravita India Rs 1,475. Global Health Rs 1,402. Bombay Burmah Rs 1,274. 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 1600 stocks to buy on the November 2026 watchlist are Syrma SGS Technology, Astral, Gravita India, Global Health and Bombay Burmah Trading Corporation. All five grew revenue in their latest full year, and all five also grew net profit. Bombay Burmah Trading Corporation has both the lowest P\/E at 3.19 and the highest return on equity at 17.65%. Check each valuation against your own risk appetite before acting.<\/p>\n<\/p><\/div>\n<p>The under Rs 1600 stocks to buy in November 2026 start with five listed names: Syrma SGS Technology, Astral, Gravita India, Global Health and Bombay Burmah Trading Corporation. Stocks under Rs 1,600 include an electronics manufacturer, a pipes maker, a metal recycler, a hospital operator and a plantation and healthcare group, priced from about Rs 1,274 to Rs 1,513.<\/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 1600 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-1600-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-1600-stocks-to-buy\/#Which_Are_the_Best_Under_Rs_1600_Stocks_to_Buy_in_November_2026\" title=\"Which Are the Best Under Rs 1600 Stocks to Buy in November 2026?\">Which Are the Best Under Rs 1600 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-1600-stocks-to-buy\/#Why_These_Under_Rs_1600_Stocks_to_Buy_Are_in_Focus\" title=\"Why These Under Rs 1600 Stocks to Buy Are in Focus\">Why These Under Rs 1600 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-1600-stocks-to-buy\/#Syrma_SGS_Technology_The_Diversified_EMS_Name_Among_Under_Rs_1600_Stocks_to_Buy\" title=\"Syrma SGS Technology: The Diversified EMS Name Among Under Rs 1600 Stocks to Buy\">Syrma SGS Technology: The Diversified EMS Name Among Under Rs 1600 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-1600-stocks-to-buy\/#Astral_The_Pipes_and_Fittings_Leader_Among_Under_Rs_1600_Stocks_to_Buy\" title=\"Astral: The Pipes and Fittings Leader Among Under Rs 1600 Stocks to Buy\">Astral: The Pipes and Fittings Leader Among Under Rs 1600 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-1600-stocks-to-buy\/#Gravita_India_The_Metal_Recycler_Among_Under_Rs_1600_Stocks_to_Buy\" title=\"Gravita India: The Metal Recycler Among Under Rs 1600 Stocks to Buy\">Gravita India: The Metal Recycler Among Under Rs 1600 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-1600-stocks-to-buy\/#Global_Health_The_Medanta_Operator_Among_Under_Rs_1600_Stocks_to_Buy\" title=\"Global Health: The Medanta Operator Among Under Rs 1600 Stocks to Buy\">Global Health: The Medanta Operator Among Under Rs 1600 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-1600-stocks-to-buy\/#Bombay_Burmah_Trading_Corporation_The_Holding_and_Plantation_Name_Among_Under_Rs_1600_Stocks_to_Buy\" title=\"Bombay Burmah Trading Corporation: The Holding and Plantation Name Among Under Rs 1600 Stocks to Buy\">Bombay Burmah Trading Corporation: The Holding and Plantation Name Among Under Rs 1600 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-1600-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-1600-stocks-to-buy\/#Factors_That_Move_Under_Rs_1600_Stocks_to_Buy\" title=\"Factors That Move Under Rs 1600 Stocks to Buy\">Factors That Move Under Rs 1600 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-1600-stocks-to-buy\/#Risks_to_Keep_in_Mind_Before_Buying_Under_Rs_1600_Stocks\" title=\"Risks to Keep in Mind Before Buying Under Rs 1600 Stocks\">Risks to Keep in Mind Before Buying Under Rs 1600 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-1600-stocks-to-buy\/#How_to_Choose_Under_Rs_1600_Stocks_to_Buy\" title=\"How to Choose Under Rs 1600 Stocks to Buy\">How to Choose Under Rs 1600 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-1600-stocks-to-buy\/#How_to_Invest_in_Under_Rs_1600_Stocks\" title=\"How to Invest in Under Rs 1600 Stocks\">How to Invest in Under Rs 1600 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-1600-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-1600-stocks-to-buy\/#Frequently_Asked_Questions_on_Under_Rs_1600_Stocks_to_Buy\" title=\"Frequently Asked Questions on Under Rs 1600 Stocks to Buy\">Frequently Asked Questions on Under Rs 1600 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-1600-stocks-to-buy\/#Which_are_the_best_under_Rs_1600_stocks_to_buy_in_November_2026\" title=\"Which are the best under Rs 1600 stocks to buy in November 2026?\">Which are the best under Rs 1600 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-1600-stocks-to-buy\/#Is_Astral_a_good_stock_to_buy_from_this_Under_Rs_1600_list\" title=\"Is Astral a good stock to buy from this Under Rs 1600 list?\">Is Astral a good stock to buy from this Under Rs 1600 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-1600-stocks-to-buy\/#Are_these_under_Rs_1600_stocks_expensive_right_now\" title=\"Are these under Rs 1600 stocks expensive right now?\">Are these under Rs 1600 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-1600-stocks-to-buy\/#Which_of_these_under_Rs_1600_stocks_pay_a_dividend\" title=\"Which of these under Rs 1600 stocks pay a dividend?\">Which of these under Rs 1600 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-1600-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-1600-stocks-to-buy\/#What_are_the_risks_of_investing_in_under_Rs_1600_stocks\" title=\"What are the risks of investing in under Rs 1600 stocks?\">What are the risks of investing in under Rs 1600 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-1600-stocks-to-buy\/#How_can_I_invest_in_under_Rs_1600_stocks_in_India\" title=\"How can I invest in under Rs 1600 stocks in India?\">How can I invest in under Rs 1600 stocks in India?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Which_Are_the_Best_Under_Rs_1600_Stocks_to_Buy_in_November_2026\"><\/span><strong>Which Are the Best Under Rs 1600 Stocks to Buy in November 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The best under Rs 1600 stocks to buy in November 2026 for a watchlist are Syrma SGS Technology, Astral, Gravita India, Global Health and Bombay Burmah Trading Corporation. 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\/syrma\/syrma-sgs-technology-ltd-share-price-today\">Syrma SGS Technology<\/a><\/td>\n<td>1,513<\/td>\n<td>Rs 30,193 crore<\/td>\n<td>75.17<\/td>\n<td>11.10%<\/td>\n<td>0.10%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/astral\/astral-ltd-share-price-today\">Astral<\/a><\/td>\n<td>1,424<\/td>\n<td>Rs 36,614 crore<\/td>\n<td>63.60<\/td>\n<td>13.18%<\/td>\n<td>0.18%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/gravita\/gravita-india-ltd-share-price-today\">Gravita India<\/a><\/td>\n<td>1,475<\/td>\n<td>Rs 10,440 crore<\/td>\n<td>26.25<\/td>\n<td>15.05%<\/td>\n<td>0.45%<\/td>\n<\/tr>\n<tr>\n<td>Global Health<\/td>\n<td>1,402<\/td>\n<td>Rs 34,933 crore<\/td>\n<td>63.25<\/td>\n<td>14.05%<\/td>\n<td>0.04%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/bbtc\/bombay-burmah-trading-corporation-ltd-share-price-today\">Bombay Burmah Trading Corporation<\/a><\/td>\n<td>1,274<\/td>\n<td>Rs 8,236 crore<\/td>\n<td>3.19<\/td>\n<td>17.65%<\/td>\n<td>1.44%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>On valuation, Bombay Burmah Trading Corporation trades below the industry P\/E; Syrma SGS Technology and Global Health sit close to it; Astral and Gravita India carry a premium. Valuation is the first filter for any under Rs 1600 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_1600_Stocks_to_Buy_Are_in_Focus\"><\/span><strong>Why These Under Rs 1600 Stocks to Buy Are in Focus<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Shares between Rs 1,250 and Rs 1,550 cover industrial, healthcare and electronics businesses. The list covers an electronics manufacturing services company, a pipes and fittings maker, a metal recycler, the company behind Medanta hospitals and a diversified plantation and healthcare group. Investors searching for the best stocks under Rs 1,600 in India should check earnings, valuation and debt.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Syrma_SGS_Technology_The_Diversified_EMS_Name_Among_Under_Rs_1600_Stocks_to_Buy\"><\/span><strong>Syrma SGS Technology: The Diversified EMS Name Among Under Rs 1600 Stocks to Buy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Syrma SGS Technology is an electronics manufacturing services company serving industrial, automotive and healthcare customers. The stock trades at Rs 1,513 with a market capitalisation of Rs 30,193 crore and a P\/E of 75.17, against an industry P\/E of 72.49.<\/p>\n<p>FY26 revenue rose 26.6% to Rs 4,857 crore and net profit rose 87.5% to Rs 346 crore. In the June 2026 quarter, revenue grew 67.0% year on year to Rs 1,604 crore, while net profit grew 111.7% to Rs 106 crore.<\/p>\n<p>Return on equity is 11.10%, debt-to-equity is 0.14, and the dividend yield is 0.10%. Promoters hold 41.63%, foreign institutions 9.51% and domestic institutions 13.54% as of September 2026. Foreign institutional holding has risen from 7.02% to 9.51% over the last year. A point to keep in view: at a P\/E of 75.17, expectations are already high.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Astral_The_Pipes_and_Fittings_Leader_Among_Under_Rs_1600_Stocks_to_Buy\"><\/span><strong>Astral: The Pipes and Fittings Leader Among Under Rs 1600 Stocks to Buy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Astral is a pipes and fittings maker with a growing adhesives and paints business. At Rs 1,424, the stock has a market capitalisation of Rs 36,614 crore and trades at 63.60 times earnings, while the industry P\/E is 33.18.<\/p>\n<p>Reported numbers show FY26 revenue of Rs 6,616 crore, up 12.6% year on year, with net profit at Rs 535 crore, up 3.0%. The June 2026 quarter added revenue of Rs 1,591 crore (up 16.1%) and net profit of Rs 120 crore (up 51.8%).<\/p>\n<p>Return on equity is 13.18%, debt-to-equity is 0.06, and the dividend yield is 0.18%. Promoters hold 54.22%, foreign institutions 11.09% and domestic institutions 22.62% as of September 2026. Domestic institutional holding has risen from 17.79% to 22.62% over the last year. A point to keep in view: at a P\/E of 63.60, expectations are already high.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check Under Rs 1600 Stocks Live on the Univest Screener<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Gravita_India_The_Metal_Recycler_Among_Under_Rs_1600_Stocks_to_Buy\"><\/span><strong>Gravita India: The Metal Recycler Among Under Rs 1600 Stocks to Buy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Gravita India is a metal recycler that makes lead, aluminium and plastic products from scrap. Its market capitalisation is Rs 10,440 crore, the share price is Rs 1,475 and the P\/E of 26.25 compares with an industry P\/E of 9.96.<\/p>\n<p>Over FY26, net profit rose 20.9% to Rs 378 crore on revenue of Rs 4,342 crore, which was up 9.1%. The latest quarter, the September 2026 quarter, brought revenue of Rs 1,445 crore, up 36.1% year on year, and net profit of Rs 102 crore, up 6.3%.<\/p>\n<p>Return on equity is 15.05%, debt-to-equity is 0.33, and the dividend yield is 0.45%. Promoters hold 55.88%, foreign institutions 11.78% and domestic institutions 4.90% as of September 2026.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Global_Health_The_Medanta_Operator_Among_Under_Rs_1600_Stocks_to_Buy\"><\/span><strong>Global Health: The Medanta Operator Among Under Rs 1600 Stocks to Buy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Global Health is the company behind Medanta hospitals, with large multi-speciality hospitals in north India. The stock trades at Rs 1,402 with a market capitalisation of Rs 34,933 crore and a P\/E of 63.25, against an industry P\/E of 61.50.<\/p>\n<p>FY26 revenue rose 19.6% to Rs 4,509 crore and net profit rose 15.1% to Rs 554 crore. In the June 2026 quarter, revenue grew 26.1% year on year to Rs 1,326 crore, while net profit eased 1.1% to Rs 157 crore.<\/p>\n<p>Return on equity is 14.05%, debt-to-equity is 0.30, and the dividend yield is 0.04%. Promoters hold 33.00%, foreign institutions 9.91% and domestic institutions 17.01% as of September 2026. Domestic institutional holding has risen from 12.98% to 17.01% over the last year. A point to keep in view: at a P\/E of 63.25, expectations are already high.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Bombay_Burmah_Trading_Corporation_The_Holding_and_Plantation_Name_Among_Under_Rs_1600_Stocks_to_Buy\"><\/span><strong>Bombay Burmah Trading Corporation: The Holding and Plantation Name Among Under Rs 1600 Stocks to Buy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Bombay Burmah Trading Corporation is a diversified company with plantation, healthcare and other businesses and holdings in other listed companies. At Rs 1,274, the stock has a market capitalisation of Rs 8,236 crore and trades at 3.19 times earnings, while the industry P\/E is 36.13.<\/p>\n<p>Reported numbers show FY26 revenue of Rs 19,853 crore, up 6.9% year on year, with net profit at Rs 2,499 crore, up 13.6%. The June 2026 quarter added revenue of Rs 5,157 crore (up 7.8%) and net profit of Rs 583 crore (up 17.1%).<\/p>\n<p>Return on equity is 17.65%, debt-to-equity is 0.23, and the dividend yield is 1.44%. Promoters hold 74.05%, foreign institutions 9.61% and domestic institutions 0.76% 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 1600 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 1600 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>Syrma SGS Technology<\/td>\n<td>26.6%<\/td>\n<td>87.5%<\/td>\n<td>Jun 2026<\/td>\n<td>67.0%<\/td>\n<td>111.7%<\/td>\n<\/tr>\n<tr>\n<td>Astral<\/td>\n<td>12.6%<\/td>\n<td>3.0%<\/td>\n<td>Jun 2026<\/td>\n<td>16.1%<\/td>\n<td>51.8%<\/td>\n<\/tr>\n<tr>\n<td>Gravita India<\/td>\n<td>9.1%<\/td>\n<td>20.9%<\/td>\n<td>Sep 2026<\/td>\n<td>36.1%<\/td>\n<td>6.3%<\/td>\n<\/tr>\n<tr>\n<td>Global Health<\/td>\n<td>19.6%<\/td>\n<td>15.1%<\/td>\n<td>Jun 2026<\/td>\n<td>26.1%<\/td>\n<td>-1.1%<\/td>\n<\/tr>\n<tr>\n<td>Bombay Burmah Trading Corporation<\/td>\n<td>6.9%<\/td>\n<td>13.6%<\/td>\n<td>Jun 2026<\/td>\n<td>7.8%<\/td>\n<td>17.1%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Factors_That_Move_Under_Rs_1600_Stocks_to_Buy\"><\/span><strong>Factors That Move Under Rs 1600 Stocks to Buy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Four factors tend to drive under Rs 1600 stocks, and each one is worth checking before a purchase.<\/p>\n<ul>\n<li><strong>Earnings growth:<\/strong> Profit should be rising.<\/li>\n<li><strong>Sector mix:<\/strong> Electronics, pipes, recycling, hospitals and plantations differ.<\/li>\n<li><strong>Valuation:<\/strong> Several trade at high multiples.<\/li>\n<li><strong>Demand link:<\/strong> Pipes follow housing and farm demand.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Risks_to_Keep_in_Mind_Before_Buying_Under_Rs_1600_Stocks\"><\/span><strong>Risks to Keep in Mind Before Buying Under Rs 1600 Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The first risk is valuation, since the electronics manufacturer, the pipes maker and the hospital operator trade at high multiples. The second is that recycling earnings follow metal prices. Check results every quarter.<\/p>\n<p>On the numbers, Syrma SGS Technology trades at the highest P\/E on this list at 75.17, so its earnings need to keep growing to support the price. Under Rs 1600 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_1600_Stocks_to_Buy\"><\/span><strong>How to Choose Under Rs 1600 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>Review P\/E:<\/strong> One name trades very low.<\/li>\n<li><strong>Study ROE:<\/strong> Returns differ across sectors.<\/li>\n<li><strong>Diversify:<\/strong> Spread across the five businesses.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Invest_in_Under_Rs_1600_Stocks\"><\/span><strong>How to Invest in Under Rs 1600 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>Bombay Burmah Trading Corporation offers both the lowest P\/E on this list at 3.19 and the highest return on equity at 17.65%, and Syrma SGS Technology posted the fastest net profit growth in its latest full year at 87.5%. Among the best under Rs 1600 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 1600 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_1600_Stocks_to_Buy\"><\/span><strong>Frequently Asked Questions on Under Rs 1600 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_1600_stocks_to_buy_in_November_2026\"><\/span><strong>Which are the best under Rs 1600 stocks to buy in November 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The five under Rs 1600 stocks on the November 2026 watchlist are Syrma SGS Technology, Astral, Gravita India, Global Health and Bombay Burmah Trading Corporation. Bombay Burmah Trading Corporation has both the lowest P\/E at 3.19 and the highest ROE at 17.65%, and Syrma SGS Technology grew net profit 87.5% 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_Astral_a_good_stock_to_buy_from_this_Under_Rs_1600_list\"><\/span><strong>Is Astral a good stock to buy from this Under Rs 1600 list?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Astral is the largest company on this list with a market capitalisation of Rs 36,614 crore and a P\/E of 63.60 against an industry P\/E of 33.18. Its FY26 revenue rose 12.6% and net profit rose 3.0%, with return on equity at 13.18%. 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_1600_stocks_expensive_right_now\"><\/span><strong>Are these under Rs 1600 stocks expensive right now?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Valuations vary across the group. Syrma SGS Technology trades at a P\/E of 75.17, Astral trades at a P\/E of 63.60, Gravita India trades at a P\/E of 26.25, Global Health trades at a P\/E of 63.25, Bombay Burmah Trading Corporation trades at a P\/E of 3.19, against industry multiples ranging from 9.96 to 72.49. 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_1600_stocks_pay_a_dividend\"><\/span><strong>Which of these under Rs 1600 stocks pay a dividend?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Dividend yields on this list are Syrma SGS Technology 0.10%, Astral 0.18%, Gravita India 0.45%, Global Health 0.04%, Bombay Burmah Trading Corporation 1.44%. 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.<\/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> Bombay Burmah Trading Corporation has the highest ROE on this list at 17.65%, followed by Gravita India at 15.05% and Global Health at 14.05%. 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_1600_stocks\"><\/span><strong>What are the risks of investing in under Rs 1600 stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The main risks are high valuations in some names, metal price swings and housing and farm demand cycles. On this list, Syrma SGS Technology trades at the highest P\/E of 75.17, 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_1600_stocks_in_India\"><\/span><strong>How can I invest in under Rs 1600 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 1600 stocks to buy in November 2026?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The five under Rs 1600 stocks on the November 2026 watchlist are Syrma SGS Technology, Astral, Gravita India, Global Health and Bombay Burmah Trading Corporation. Bombay Burmah Trading Corporation has both the lowest P\/E at 3.19 and the highest ROE at 17.65%, and Syrma SGS Technology grew net profit 87.5% in its latest full year. This is educational content, not investment advice, so please consult a SEBI-registered advisor.\"}},{\"@type\":\"Question\",\"name\":\"Is Astral a good stock to buy from this Under Rs 1600 list?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Astral is the largest company on this list with a market capitalisation of Rs 36,614 crore and a P\/E of 63.60 against an industry P\/E of 33.18. Its FY26 revenue rose 12.6% and net profit rose 3.0%, with return on equity at 13.18%. 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 1600 stocks expensive right now?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Valuations vary across the group. Syrma SGS Technology trades at a P\/E of 75.17, Astral trades at a P\/E of 63.60, Gravita India trades at a P\/E of 26.25, Global Health trades at a P\/E of 63.25, Bombay Burmah Trading Corporation trades at a P\/E of 3.19, against industry multiples ranging from 9.96 to 72.49. 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 1600 stocks pay a dividend?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Dividend yields on this list are Syrma SGS Technology 0.10%, Astral 0.18%, Gravita India 0.45%, Global Health 0.04%, Bombay Burmah Trading Corporation 1.44%. 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.\"}},{\"@type\":\"Question\",\"name\":\"Which stock on this list has the highest return on equity?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Bombay Burmah Trading Corporation has the highest ROE on this list at 17.65%, followed by Gravita India at 15.05% and Global Health at 14.05%. 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 1600 stocks?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The main risks are high valuations in some names, metal price swings and housing and farm demand cycles. On this list, Syrma SGS Technology trades at the highest P\/E of 75.17, 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 1600 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 1600 stocks on the November 2026 watchlist with FY26 growth, valuation, ROE, shareholding and risks for Syrma SGS, Astral, Gravita India, Global Health and Bombay Burmah.<\/p>\n","protected":false},"author":36,"featured_media":340693,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[8593,15428,19452,20694,8491],"class_list":["post-340694","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-astral","tag-gravita-india","tag-mid-priced-stocks","tag-stocks-under-1600","tag-syrma-sgs-technology"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["340693"],"rank_math_title":["Under Rs 1600 Stocks to Buy in Nov 2026: Top 5 Picks"],"rank_math_description":["Under Rs 1600 stocks to buy in November 2026: Syrma SGS, Astral, Gravita India, Global Health and Bombay Burmah, with FY26 growth, valuation, ROE and key risks for each."],"rank_math_focus_keyword":["under Rs 1600 stocks to buy"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/11\/under-rs-1600-stocks-to-buy-in-november-2026-5-names-on-the-watchlist.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/340694","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=340694"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/340694\/revisions"}],"predecessor-version":[{"id":340695,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/340694\/revisions\/340695"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/340693"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=340694"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=340694"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=340694"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}