{"id":341632,"date":"2026-11-06T11:13:12","date_gmt":"2026-11-06T05:43:12","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=341632"},"modified":"2026-11-06T11:13:12","modified_gmt":"2026-11-06T05:43:12","slug":"under-rs-420-stocks-to-buy","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/under-rs-420-stocks-to-buy\/","title":{"rendered":"Under Rs 420 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>BEL Rs 395.10. Dabur India Rs 385.00. Gandhar Oil Refinery Rs 254.20. Federal Bank Rs 338.50. Vedanta Rs 263.80. NSE closing prices, 5 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 420 stocks to buy on the November 2026 watchlist are Bharat Electronics, Dabur India, Gandhar Oil Refinery, Federal Bank and Vedanta. All five grew revenue in their latest full year, and all five also grew net profit. Vedanta has the lowest P\/E at 2.91, while Gandhar Oil Refinery leads on return on equity at 25.91%. Check each valuation against your own risk appetite before acting.<\/p>\n<\/p><\/div>\n<p>The under Rs 420 stocks to buy in November 2026 start with five listed names: Bharat Electronics, Dabur India, Gandhar Oil Refinery, Federal Bank and Vedanta. Stocks under Rs 420 include a defence electronics maker, an ayurveda products company, a speciality oil maker, a Kerala-based private bank and a natural resources group, priced from about Rs 254 to Rs 395. Bharat Electronics is part of the <a href=\"https:\/\/univest.in\/indices\/nifty-50\/nifty-50-share-price-today\">Nifty 50<\/a>.<\/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 420 stocks to buy to a portfolio. All prices are NSE closing prices of 5 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-420-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-420-stocks-to-buy\/#Which_Are_the_Best_Under_Rs_420_Stocks_to_Buy_in_November_2026\" title=\"Which Are the Best Under Rs 420 Stocks to Buy in November 2026?\">Which Are the Best Under Rs 420 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-420-stocks-to-buy\/#Why_These_Under_Rs_420_Stocks_to_Buy_Are_in_Focus\" title=\"Why These Under Rs 420 Stocks to Buy Are in Focus\">Why These Under Rs 420 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-420-stocks-to-buy\/#Bharat_Electronics_The_Defence_Electronics_Maker_Among_Under_Rs_420_Stocks_to_Buy\" title=\"Bharat Electronics: The Defence Electronics Maker Among Under Rs 420 Stocks to Buy\">Bharat Electronics: The Defence Electronics Maker Among Under Rs 420 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-420-stocks-to-buy\/#Dabur_India_The_Ayurveda-Led_Name_Among_Under_Rs_420_Stocks_to_Buy\" title=\"Dabur India: The Ayurveda-Led Name Among Under Rs 420 Stocks to Buy\">Dabur India: The Ayurveda-Led Name Among Under Rs 420 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-420-stocks-to-buy\/#Gandhar_Oil_Refinery_The_Specialty_Oils_Maker_Among_Under_Rs_420_Stocks_to_Buy\" title=\"Gandhar Oil Refinery: The Specialty Oils Maker Among Under Rs 420 Stocks to Buy\">Gandhar Oil Refinery: The Specialty Oils Maker Among Under Rs 420 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-420-stocks-to-buy\/#Federal_Bank_A_Mid-Sized_Private_Bank_Among_Under_Rs_420_Stocks_to_Buy\" title=\"Federal Bank: A Mid-Sized Private Bank Among Under Rs 420 Stocks to Buy\">Federal Bank: A Mid-Sized Private Bank Among Under Rs 420 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-420-stocks-to-buy\/#Vedanta_The_Diversified_Metals_Group_Among_Under_Rs_420_Stocks_to_Buy\" title=\"Vedanta: The Diversified Metals Group Among Under Rs 420 Stocks to Buy\">Vedanta: The Diversified Metals Group Among Under Rs 420 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-420-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-420-stocks-to-buy\/#Factors_That_Move_Under_Rs_420_Stocks_to_Buy\" title=\"Factors That Move Under Rs 420 Stocks to Buy\">Factors That Move Under Rs 420 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-420-stocks-to-buy\/#Risks_to_Keep_in_Mind_Before_Buying_Under_Rs_420_Stocks\" title=\"Risks to Keep in Mind Before Buying Under Rs 420 Stocks\">Risks to Keep in Mind Before Buying Under Rs 420 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-420-stocks-to-buy\/#How_to_Choose_Under_Rs_420_Stocks_to_Buy\" title=\"How to Choose Under Rs 420 Stocks to Buy\">How to Choose Under Rs 420 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-420-stocks-to-buy\/#How_to_Invest_in_Under_Rs_420_Stocks\" title=\"How to Invest in Under Rs 420 Stocks\">How to Invest in Under Rs 420 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-420-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-420-stocks-to-buy\/#Frequently_Asked_Questions_on_Under_Rs_420_Stocks_to_Buy\" title=\"Frequently Asked Questions on Under Rs 420 Stocks to Buy\">Frequently Asked Questions on Under Rs 420 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-420-stocks-to-buy\/#Which_are_the_best_under_Rs_420_stocks_to_buy_in_November_2026\" title=\"Which are the best under Rs 420 stocks to buy in November 2026?\">Which are the best under Rs 420 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-420-stocks-to-buy\/#Is_Bharat_Electronics_a_good_stock_to_buy_from_this_Under_Rs_420_list\" title=\"Is Bharat Electronics a good stock to buy from this Under Rs 420 list?\">Is Bharat Electronics a good stock to buy from this Under Rs 420 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-420-stocks-to-buy\/#Are_these_under_Rs_420_stocks_expensive_right_now\" title=\"Are these under Rs 420 stocks expensive right now?\">Are these under Rs 420 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-420-stocks-to-buy\/#Which_of_these_under_Rs_420_stocks_pay_a_dividend\" title=\"Which of these under Rs 420 stocks pay a dividend?\">Which of these under Rs 420 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-420-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-420-stocks-to-buy\/#What_are_the_risks_of_investing_in_under_Rs_420_stocks\" title=\"What are the risks of investing in under Rs 420 stocks?\">What are the risks of investing in under Rs 420 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-420-stocks-to-buy\/#How_can_I_invest_in_under_Rs_420_stocks_in_India\" title=\"How can I invest in under Rs 420 stocks in India?\">How can I invest in under Rs 420 stocks in India?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Which_Are_the_Best_Under_Rs_420_Stocks_to_Buy_in_November_2026\"><\/span><strong>Which Are the Best Under Rs 420 Stocks to Buy in November 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The best under Rs 420 stocks to buy in November 2026 for a watchlist are Bharat Electronics, Dabur India, Gandhar Oil Refinery, Federal Bank and Vedanta. They were picked because each has complete reported financials, profit in the latest quarter and an NSE listing. The table puts their market data side by side.<\/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\/bel\/bharat-electronics-ltd-share-price-today\">Bharat Electronics<\/a><\/td>\n<td>395.10<\/td>\n<td>Rs 2,71,924 crore<\/td>\n<td>44.23<\/td>\n<td>25.27%<\/td>\n<td>0.67%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/dabur\/dabur-india-ltd-share-price-today\">Dabur India<\/a><\/td>\n<td>385.00<\/td>\n<td>Rs 64,040 crore<\/td>\n<td>32.91<\/td>\n<td>16.59%<\/td>\n<td>2.28%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/gandhar\/gandhar-oil-refinery-%28india%29-ltd-share-price-today\">Gandhar Oil Refinery<\/a><\/td>\n<td>254.20<\/td>\n<td>Rs 2,427 crore<\/td>\n<td>5.24<\/td>\n<td>25.91%<\/td>\n<td>0.30%<\/td>\n<\/tr>\n<tr>\n<td>Federal Bank<\/td>\n<td>338.50<\/td>\n<td>Rs 85,661 crore<\/td>\n<td>15.90<\/td>\n<td>12.60%<\/td>\n<td>0.35%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/vedl\/vedanta-ltd-share-price-today\">Vedanta<\/a><\/td>\n<td>263.80<\/td>\n<td>Rs 91,112 crore<\/td>\n<td>2.91<\/td>\n<td>9.55%<\/td>\n<td>14.59%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>On valuation, Gandhar Oil Refinery and Vedanta trade below the industry P\/E; Bharat Electronics and Dabur India sit close to it; Federal Bank carries a premium. Valuation is the first filter for any under Rs 420 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_420_Stocks_to_Buy_Are_in_Focus\"><\/span><strong>Why These Under Rs 420 Stocks to Buy Are in Focus<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>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, an ayurveda and natural products company, a maker of speciality oils such as white oils and transformer oils, a Kerala-based private bank with a growing retail, small-business and NRI franchise and a diversified natural resources company, all of which closed below Rs 420 on the NSE on 5 November. Investors searching for the best stocks under Rs 420 in India should check earnings, valuation and debt.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Bharat_Electronics_The_Defence_Electronics_Maker_Among_Under_Rs_420_Stocks_to_Buy\"><\/span><strong>Bharat Electronics: The Defence Electronics Maker Among Under Rs 420 Stocks to Buy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>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.<\/p>\n<p>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%.<\/p>\n<p>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.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Dabur_India_The_Ayurveda-Led_Name_Among_Under_Rs_420_Stocks_to_Buy\"><\/span><strong>Dabur India: The Ayurveda-Led Name Among Under Rs 420 Stocks to Buy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Dabur India is an ayurveda and natural products company behind Dabur Chyawanprash, Real juices and Vatika. The stock trades at Rs 385.00 with a market capitalisation of Rs 64,040 crore and a P\/E of 32.91, against an industry P\/E of 33.02.<\/p>\n<p>FY26 revenue rose 5.2% to Rs 13,792 crore and net profit rose 7.4% to Rs 1,869 crore. In the June 2026 quarter, revenue grew 10.9% year on year to Rs 3,937 crore, while net profit grew 15.3% to Rs 586 crore.<\/p>\n<p>Return on equity is 16.59%, debt-to-equity is 0.11, and the dividend yield is 2.28%. Promoters hold 66.25%, foreign institutions 9.61% and domestic institutions 18.35% as of September 2026.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check Under Rs 420 Stocks Live on the Univest Screener<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Gandhar_Oil_Refinery_The_Specialty_Oils_Maker_Among_Under_Rs_420_Stocks_to_Buy\"><\/span><strong>Gandhar Oil Refinery: The Specialty Oils Maker Among Under Rs 420 Stocks to Buy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Gandhar Oil Refinery is a maker of speciality oils such as white oils and transformer oils. At Rs 254.20, the stock has a market capitalisation of Rs 2,427 crore and trades at 5.24 times earnings, while the industry P\/E is 14.94.<\/p>\n<p>Reported numbers show FY26 revenue of Rs 4,255 crore, up 8.8% year on year, with net profit at Rs 137 crore, up 64.3%. The September 2026 quarter added revenue of Rs 1,850 crore (up 72.7%) and net profit of Rs 186 crore (up 368.4%).<\/p>\n<p>Return on equity is 25.91%, debt-to-equity is 0.14, and the dividend yield is 0.30%. Promoters hold 66.65%, foreign institutions 5.47% and domestic institutions 0.29% as of September 2026. Foreign institutional holding has risen from 0.17% to 5.47% over the last year.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Federal_Bank_A_Mid-Sized_Private_Bank_Among_Under_Rs_420_Stocks_to_Buy\"><\/span><strong>Federal Bank: A Mid-Sized Private Bank Among Under Rs 420 Stocks to Buy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Federal Bank is a Kerala-based private bank with a growing retail, small-business and NRI franchise. Its market capitalisation is Rs 85,661 crore, the share price is Rs 338.50 and the P\/E of 15.90 compares with an industry P\/E of 11.43.<\/p>\n<p>Over FY26, net profit rose 6.7% to Rs 4,483 crore on revenue of Rs 34,272 crore, which was up 7.0%. The latest quarter, the September 2026 quarter, brought revenue of Rs 9,903 crore, up 19.0% year on year, and net profit of Rs 1,564 crore, up 53.4%.<\/p>\n<p>Return on equity is 12.60%, and the dividend yield is 0.35%. The company has no identified promoter, with foreign institutions holding 28.55% and domestic institutions 49.28% as of September 2026. Foreign institutional holding has risen from 25.54% to 28.55% over the last year.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Vedanta_The_Diversified_Metals_Group_Among_Under_Rs_420_Stocks_to_Buy\"><\/span><strong>Vedanta: The Diversified Metals Group Among Under Rs 420 Stocks to Buy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Vedanta is a diversified natural resources company with zinc, aluminium, oil and gas and other businesses. The stock trades at Rs 263.80 with a market capitalisation of Rs 91,112 crore and a P\/E of 2.91, against an industry P\/E of 10.98.<\/p>\n<p>FY26 revenue rose 23.9% to Rs 79,987 crore and net profit rose 34.5% to Rs 12,480 crore. In the September 2026 quarter, revenue grew 58.0% year on year to Rs 26,866 crore, while net profit grew 78.3% to Rs 6,202 crore.<\/p>\n<p>Return on equity is 9.55%, debt-to-equity is 0.56, and the dividend yield is 14.59%. Promoters hold 54.72%, foreign institutions 15.78% and domestic institutions 10.69% as of September 2026. Foreign institutional holding has risen from 11.08% to 15.78% over the last year.<\/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 420 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 420 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>Bharat Electronics<\/td>\n<td>15.0%<\/td>\n<td>13.9%<\/td>\n<td>Jun 2026<\/td>\n<td>24.2%<\/td>\n<td>8.7%<\/td>\n<\/tr>\n<tr>\n<td>Dabur India<\/td>\n<td>5.2%<\/td>\n<td>7.4%<\/td>\n<td>Jun 2026<\/td>\n<td>10.9%<\/td>\n<td>15.3%<\/td>\n<\/tr>\n<tr>\n<td>Gandhar Oil Refinery<\/td>\n<td>8.8%<\/td>\n<td>64.3%<\/td>\n<td>Sep 2026<\/td>\n<td>72.7%<\/td>\n<td>368.4%<\/td>\n<\/tr>\n<tr>\n<td>Federal Bank<\/td>\n<td>7.0%<\/td>\n<td>6.7%<\/td>\n<td>Sep 2026<\/td>\n<td>19.0%<\/td>\n<td>53.4%<\/td>\n<\/tr>\n<tr>\n<td>Vedanta<\/td>\n<td>23.9%<\/td>\n<td>34.5%<\/td>\n<td>Sep 2026<\/td>\n<td>58.0%<\/td>\n<td>78.3%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Factors_That_Move_Under_Rs_420_Stocks_to_Buy\"><\/span><strong>Factors That Move Under Rs 420 Stocks to Buy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Four factors tend to drive under Rs 420 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> Defence, consumer goods, oils, banking and resources differ.<\/li>\n<li><strong>Dividends:<\/strong> Vedanta yields about 14.6% on trailing payouts.<\/li>\n<li><strong>Valuation:<\/strong> P\/E runs from about 3 to 44.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Risks_to_Keep_in_Mind_Before_Buying_Under_Rs_420_Stocks\"><\/span><strong>Risks to Keep in Mind Before Buying Under Rs 420 Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The first risk is that a low share price says little about value, so earnings and valuation matter more. The second is that Federal Bank follows interest rate and credit cycles, and Vedanta payouts can change from year to year. Check results every quarter.<\/p>\n<p>On the numbers, Bharat Electronics trades at the highest P\/E on this list at 44.23, so its earnings need to keep growing to support the price. Under Rs 420 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_420_Stocks_to_Buy\"><\/span><strong>How to Choose Under Rs 420 Stocks to Buy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Look at earnings:<\/strong> Price alone is not a signal.<\/li>\n<li><strong>Check P\/E:<\/strong> Vedanta trades lowest.<\/li>\n<li><strong>Read dividends:<\/strong> Vedanta yields the most.<\/li>\n<li><strong>Diversify:<\/strong> Spread across the five sectors.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Invest_in_Under_Rs_420_Stocks\"><\/span><strong>How to Invest in Under Rs 420 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>Vedanta offers the lowest P\/E on this list at 2.91, Gandhar Oil Refinery has the highest return on equity at 25.91%, and Gandhar Oil Refinery posted the fastest net profit growth in its latest full year at 64.3%. Among the best under Rs 420 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 420 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_420_Stocks_to_Buy\"><\/span><strong>Frequently Asked Questions on Under Rs 420 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_420_stocks_to_buy_in_November_2026\"><\/span><strong>Which are the best under Rs 420 stocks to buy in November 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The five under Rs 420 stocks on the November 2026 watchlist are Bharat Electronics, Dabur India, Gandhar Oil Refinery, Federal Bank and Vedanta. Vedanta has the lowest P\/E at 2.91, Gandhar Oil Refinery has the highest ROE at 25.91%, and Gandhar Oil Refinery grew net profit 64.3% 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_Bharat_Electronics_a_good_stock_to_buy_from_this_Under_Rs_420_list\"><\/span><strong>Is Bharat Electronics a good stock to buy from this Under Rs 420 list?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Bharat Electronics is the largest company on this list with a market capitalisation of Rs 2,71,924 crore and a P\/E of 44.23 against an industry P\/E of 46.93. Its FY26 revenue rose 15.0% and net profit rose 13.9%, with return on equity at 25.27%. 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_420_stocks_expensive_right_now\"><\/span><strong>Are these under Rs 420 stocks expensive right now?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Valuations vary across the group. Bharat Electronics trades at a P\/E of 44.23, Dabur India trades at a P\/E of 32.91, Gandhar Oil Refinery trades at a P\/E of 5.24, Federal Bank trades at a P\/E of 15.90, Vedanta trades at a P\/E of 2.91, against industry multiples ranging from 10.98 to 46.93. 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_420_stocks_pay_a_dividend\"><\/span><strong>Which of these under Rs 420 stocks pay a dividend?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Dividend yields on this list are Bharat Electronics 0.67%, Dabur India 2.28%, Gandhar Oil Refinery 0.30%, Federal Bank 0.35%, Vedanta 14.59%. Yields differ widely across the group, so check payout history and earnings cover before relying on any of them for income, since payouts can change with company profits.<\/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> Gandhar Oil Refinery has the highest ROE on this list at 25.91%, followed by Bharat Electronics at 25.27% and Dabur India at 16.59%. 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_420_stocks\"><\/span><strong>What are the risks of investing in under Rs 420 stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The main risks are low prices that say little about value, interest rate and credit cycles at the bank and changing payouts. On this list, Bharat Electronics trades at the highest P\/E of 44.23, 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_420_stocks_in_India\"><\/span><strong>How can I invest in under Rs 420 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 420 stocks to buy in November 2026?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The five under Rs 420 stocks on the November 2026 watchlist are Bharat Electronics, Dabur India, Gandhar Oil Refinery, Federal Bank and Vedanta. Vedanta has the lowest P\/E at 2.91, Gandhar Oil Refinery has the highest ROE at 25.91%, and Gandhar Oil Refinery grew net profit 64.3% in its latest full year. This is educational content, not investment advice, so please consult a SEBI-registered advisor.\"}},{\"@type\":\"Question\",\"name\":\"Is Bharat Electronics a good stock to buy from this Under Rs 420 list?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Bharat Electronics is the largest company on this list with a market capitalisation of Rs 2,71,924 crore and a P\/E of 44.23 against an industry P\/E of 46.93. Its FY26 revenue rose 15.0% and net profit rose 13.9%, with return on equity at 25.27%. 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 420 stocks expensive right now?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Valuations vary across the group. Bharat Electronics trades at a P\/E of 44.23, Dabur India trades at a P\/E of 32.91, Gandhar Oil Refinery trades at a P\/E of 5.24, Federal Bank trades at a P\/E of 15.90, Vedanta trades at a P\/E of 2.91, against industry multiples ranging from 10.98 to 46.93. 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 420 stocks pay a dividend?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Dividend yields on this list are Bharat Electronics 0.67%, Dabur India 2.28%, Gandhar Oil Refinery 0.30%, Federal Bank 0.35%, Vedanta 14.59%. Yields differ widely across the group, so check payout history and earnings cover before relying on any of them for income, since payouts can change with company profits.\"}},{\"@type\":\"Question\",\"name\":\"Which stock on this list has the highest return on equity?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Gandhar Oil Refinery has the highest ROE on this list at 25.91%, followed by Bharat Electronics at 25.27% and Dabur India at 16.59%. 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 420 stocks?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The main risks are low prices that say little about value, interest rate and credit cycles at the bank and changing payouts. On this list, Bharat Electronics trades at the highest P\/E of 44.23, 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 420 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 420 stocks on the November 2026 watchlist with FY26 growth, valuation, ROE, shareholding and risks for BEL, Dabur India, Gandhar Oil Refinery, Federal Bank and Vedanta.<\/p>\n","protected":false},"author":36,"featured_media":341631,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[6957,7482,11874,21141,4377],"class_list":["post-341632","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-bharat-electronics","tag-dabur-india","tag-low-priced-stocks-2","tag-stocks-under-420","tag-vedanta"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["341631"],"rank_math_title":["Under Rs 420 Stocks to Buy in Nov 2026: Top 5 Picks"],"rank_math_description":["Under Rs 420 stocks to buy in November 2026: BEL, Dabur India, Gandhar Oil Refinery, Federal Bank and Vedanta, with FY26 growth, valuation, ROE and key risks for each."],"rank_math_focus_keyword":["under Rs 420 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-420-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\/341632","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=341632"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/341632\/revisions"}],"predecessor-version":[{"id":341633,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/341632\/revisions\/341633"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/341631"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=341632"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=341632"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=341632"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}