{"id":343766,"date":"2026-11-11T13:16:32","date_gmt":"2026-11-11T07:46:32","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=343766"},"modified":"2026-11-11T13:16:32","modified_gmt":"2026-11-11T07:46:32","slug":"under-rs-980-stocks-to-buy","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/under-rs-980-stocks-to-buy\/","title":{"rendered":"Under Rs 980 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>Allied Blenders Rs 719.10. Computer Age Management Services Rs 711.15. Globus Spirits Rs 700.10. Jindal Stainless Rs 691.05. Indian Hotels Rs 891.65. NSE closing prices, 9 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 980 stocks to buy on the November 2026 watchlist are Allied Blenders and Distillers, Computer Age Management Services, Globus Spirits, Jindal Stainless and Indian Hotels Company. All five grew revenue in their latest full year, and all five also grew net profit. Jindal Stainless has the lowest P\/E at 16.92, while Computer Age Management Services leads on return on equity at 36.04%. Check each valuation against your own risk appetite before acting.<\/p>\n<\/p><\/div>\n<p>The under Rs 980 stocks to buy in November 2026 start with five listed names: Allied Blenders and Distillers, Computer Age Management Services, Globus Spirits, Jindal Stainless and Indian Hotels Company. Stocks under Rs 980 include a spirits maker, a mutual fund registrar, an ethanol and spirits company, a stainless steel producer and a hotel company, priced from about Rs 691 to Rs 892.<\/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 980 stocks to buy to a portfolio. All prices are NSE closing prices of 9 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-980-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-980-stocks-to-buy\/#Which_Are_the_Best_Under_Rs_980_Stocks_to_Buy_in_November_2026\" title=\"Which Are the Best Under Rs 980 Stocks to Buy in November 2026?\">Which Are the Best Under Rs 980 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-980-stocks-to-buy\/#Why_These_Under_Rs_980_Stocks_to_Buy_Are_in_Focus\" title=\"Why These Under Rs 980 Stocks to Buy Are in Focus\">Why These Under Rs 980 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-980-stocks-to-buy\/#Allied_Blenders_and_Distillers_The_Volume_Whisky_Player_Among_Under_Rs_980_Stocks_to_Buy\" title=\"Allied Blenders and Distillers: The Volume Whisky Player Among Under Rs 980 Stocks to Buy\">Allied Blenders and Distillers: The Volume Whisky Player Among Under Rs 980 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-980-stocks-to-buy\/#Computer_Age_Management_Services_The_Fund_Registrar_Among_Under_Rs_980_Stocks_to_Buy\" title=\"Computer Age Management Services: The Fund Registrar Among Under Rs 980 Stocks to Buy\">Computer Age Management Services: The Fund Registrar Among Under Rs 980 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-980-stocks-to-buy\/#Globus_Spirits_A_Distillery_With_Ethanol_Exposure_Among_Under_Rs_980_Stocks_to_Buy\" title=\"Globus Spirits: A Distillery With Ethanol Exposure Among Under Rs 980 Stocks to Buy\">Globus Spirits: A Distillery With Ethanol Exposure Among Under Rs 980 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-980-stocks-to-buy\/#Jindal_Stainless_The_Stainless_Steel_Leader_Among_Under_Rs_980_Stocks_to_Buy\" title=\"Jindal Stainless: The Stainless Steel Leader Among Under Rs 980 Stocks to Buy\">Jindal Stainless: The Stainless Steel Leader Among Under Rs 980 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-980-stocks-to-buy\/#Indian_Hotels_Company_The_Taj_Hotels_Owner_Among_Under_Rs_980_Stocks_to_Buy\" title=\"Indian Hotels Company: The Taj Hotels Owner Among Under Rs 980 Stocks to Buy\">Indian Hotels Company: The Taj Hotels Owner Among Under Rs 980 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-980-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-980-stocks-to-buy\/#Factors_That_Move_Under_Rs_980_Stocks_to_Buy\" title=\"Factors That Move Under Rs 980 Stocks to Buy\">Factors That Move Under Rs 980 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-980-stocks-to-buy\/#Risks_to_Keep_in_Mind_Before_Buying_Under_Rs_980_Stocks\" title=\"Risks to Keep in Mind Before Buying Under Rs 980 Stocks\">Risks to Keep in Mind Before Buying Under Rs 980 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-980-stocks-to-buy\/#How_to_Choose_Under_Rs_980_Stocks_to_Buy\" title=\"How to Choose Under Rs 980 Stocks to Buy\">How to Choose Under Rs 980 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-980-stocks-to-buy\/#How_to_Invest_in_Under_Rs_980_Stocks\" title=\"How to Invest in Under Rs 980 Stocks\">How to Invest in Under Rs 980 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-980-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-980-stocks-to-buy\/#Frequently_Asked_Questions_on_Under_Rs_980_Stocks_to_Buy\" title=\"Frequently Asked Questions on Under Rs 980 Stocks to Buy\">Frequently Asked Questions on Under Rs 980 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-980-stocks-to-buy\/#Which_are_the_best_under_Rs_980_stocks_to_buy_in_November_2026\" title=\"Which are the best under Rs 980 stocks to buy in November 2026?\">Which are the best under Rs 980 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-980-stocks-to-buy\/#Is_Indian_Hotels_Company_a_good_stock_to_buy_from_this_Under_Rs_980_list\" title=\"Is Indian Hotels Company a good stock to buy from this Under Rs 980 list?\">Is Indian Hotels Company a good stock to buy from this Under Rs 980 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-980-stocks-to-buy\/#Are_these_under_Rs_980_stocks_expensive_right_now\" title=\"Are these under Rs 980 stocks expensive right now?\">Are these under Rs 980 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-980-stocks-to-buy\/#Which_of_these_under_Rs_980_stocks_pay_a_dividend\" title=\"Which of these under Rs 980 stocks pay a dividend?\">Which of these under Rs 980 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-980-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-980-stocks-to-buy\/#What_are_the_risks_of_investing_in_under_Rs_980_stocks\" title=\"What are the risks of investing in under Rs 980 stocks?\">What are the risks of investing in under Rs 980 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-980-stocks-to-buy\/#How_can_I_invest_in_under_Rs_980_stocks_in_India\" title=\"How can I invest in under Rs 980 stocks in India?\">How can I invest in under Rs 980 stocks in India?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Which_Are_the_Best_Under_Rs_980_Stocks_to_Buy_in_November_2026\"><\/span><strong>Which Are the Best Under Rs 980 Stocks to Buy in November 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The best under Rs 980 stocks to buy in November 2026 for a watchlist are Allied Blenders and Distillers, Computer Age Management Services, Globus Spirits, Jindal Stainless and Indian Hotels Company. 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\/abdl\/allied-blenders-and-distillers-ltd-share-price-today\">Allied Blenders and Distillers<\/a><\/td>\n<td>719.10<\/td>\n<td>Rs 19,657 crore<\/td>\n<td>91.03<\/td>\n<td>13.90%<\/td>\n<td>0.77%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/cams\/computer-age-management-services-ltd-share-price-today\">Computer Age Management Services<\/a><\/td>\n<td>711.15<\/td>\n<td>Rs 17,279 crore<\/td>\n<td>35.19<\/td>\n<td>36.04%<\/td>\n<td>1.79%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/globusspr\/globus-spirits-ltd-share-price-today\">Globus Spirits<\/a><\/td>\n<td>700.10<\/td>\n<td>Rs 2,324 crore<\/td>\n<td>23.28<\/td>\n<td>8.41%<\/td>\n<td>0.00%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/jsl\/jindal-stainless-ltd-share-price-today\">Jindal Stainless<\/a><\/td>\n<td>691.05<\/td>\n<td>Rs 56,316 crore<\/td>\n<td>16.92<\/td>\n<td>15.70%<\/td>\n<td>0.59%<\/td>\n<\/tr>\n<tr>\n<td>Indian Hotels Company<\/td>\n<td>891.65<\/td>\n<td>Rs 1,15,156 crore<\/td>\n<td>48.59<\/td>\n<td>16.21%<\/td>\n<td>0.40%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>On valuation, Computer Age Management Services, Globus Spirits and Jindal Stainless trade below the industry P\/E; Allied Blenders and Distillers and Indian Hotels Company carry a premium. Valuation is the first filter for any under Rs 980 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_980_Stocks_to_Buy_Are_in_Focus\"><\/span><strong>Why These Under Rs 980 Stocks to Buy Are in Focus<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A mid-range share price does not mean a stock is inexpensive, because value depends on earnings and the number of shares. The list covers a maker of branded spirits, a registrar and transfer agent for mutual funds, a maker of spirits and ethanol, a stainless steel producer and the owner of the Taj hotel brand, all of which closed below Rs 980 on the NSE on 9 November. Investors searching for the best stocks under Rs 980 in India should check earnings, valuation and debt.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Allied_Blenders_and_Distillers_The_Volume_Whisky_Player_Among_Under_Rs_980_Stocks_to_Buy\"><\/span><strong>Allied Blenders and Distillers: The Volume Whisky Player Among Under Rs 980 Stocks to Buy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Allied Blenders and Distillers is the maker of Officer&#8217;s Choice, one of the highest-selling whisky brands in the country by volume. Its market capitalisation is Rs 19,657 crore, the share price is Rs 719.10 and the P\/E of 91.03 compares with an industry P\/E of 49.38.<\/p>\n<p>Over FY26, net profit rose 13.0% to Rs 220 crore on revenue of Rs 3,949 crore, which was up 11.5%. The latest quarter, the September 2026 quarter, brought revenue of Rs 2,089 crore, up 6.7% year on year, and net profit of Rs 69.0 crore, up 9.7%.<\/p>\n<p>Return on equity is 13.90%, debt-to-equity is 0.85, and the dividend yield is 0.77%. Promoters hold 78.95%, foreign institutions 4.40% and domestic institutions 6.64% as of September 2026. Domestic institutional holding has risen from 4.56% to 6.64% over the last year. A point to keep in view: at a P\/E of 91.03, expectations are already high, and debt is higher than most names on this list.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Computer_Age_Management_Services_The_Fund_Registrar_Among_Under_Rs_980_Stocks_to_Buy\"><\/span><strong>Computer Age Management Services: The Fund Registrar Among Under Rs 980 Stocks to Buy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Computer Age Management Services is a registrar and transfer agent that serves mutual funds and other financial institutions. The stock trades at Rs 711.15 with a market capitalisation of Rs 17,279 crore and a P\/E of 35.19, against an industry P\/E of 42.66.<\/p>\n<p>FY26 revenue rose 6.3% to Rs 1,567 crore and net profit rose 1.6% to Rs 472 crore. In the September 2026 quarter, revenue grew 10.1% year on year to Rs 428 crore, while net profit grew 14.7% to Rs 131 crore.<\/p>\n<p>Return on equity is 36.04%, and the dividend yield is 1.79%. The company has no identified promoter, with foreign institutions holding 45.58% and domestic institutions 21.79% as of September 2026. Domestic institutional holding has risen from 20.76% to 21.79% over the last year.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check Under Rs 980 Stocks Live on the Univest Screener<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Globus_Spirits_A_Distillery_With_Ethanol_Exposure_Among_Under_Rs_980_Stocks_to_Buy\"><\/span><strong>Globus Spirits: A Distillery With Ethanol Exposure Among Under Rs 980 Stocks to Buy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Globus Spirits is a distiller producing grain-based neutral spirits, bottled brands and ethanol. At Rs 700.10, the stock has a market capitalisation of Rs 2,324 crore and trades at 23.28 times earnings, while the industry P\/E is 49.38.<\/p>\n<p>Reported numbers show FY26 revenue of Rs 2,723 crore, up 6.9% year on year, with net profit at Rs 91.0 crore, up 315.4%. The June 2026 quarter added revenue of Rs 1,154 crore (up 20.9%) and net profit of Rs 27.3 crore (up 50.7%).<\/p>\n<p>Return on equity is 8.41%, debt-to-equity is 0.48, and the dividend yield is negligible. Promoters hold 46.74%, foreign institutions 13.58% and domestic institutions 8.58% as of September 2026. Foreign institutional holding has risen from 6.47% to 13.58% over the last year.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Jindal_Stainless_The_Stainless_Steel_Leader_Among_Under_Rs_980_Stocks_to_Buy\"><\/span><strong>Jindal Stainless: The Stainless Steel Leader Among Under Rs 980 Stocks to Buy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Jindal Stainless is India&#8217;s largest stainless steel producer. Its market capitalisation is Rs 56,316 crore, the share price is Rs 691.05 and the P\/E of 16.92 compares with an industry P\/E of 19.82.<\/p>\n<p>Over FY26, net profit rose 27.4% to Rs 3,185 crore on revenue of Rs 43,385 crore, which was up 9.1%. The latest quarter, the September 2026 quarter, brought revenue of Rs 13,008 crore, up 18.4% year on year, and net profit of Rs 898 crore, up 11.1%.<\/p>\n<p>Return on equity is 15.70%, debt-to-equity is 0.36, and the dividend yield is 0.59%. Promoters hold 62.55%, foreign institutions 20.07% and domestic institutions 7.74% as of September 2026.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Indian_Hotels_Company_The_Taj_Hotels_Owner_Among_Under_Rs_980_Stocks_to_Buy\"><\/span><strong>Indian Hotels Company: The Taj Hotels Owner Among Under Rs 980 Stocks to Buy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Indian Hotels Company is the owner of Taj, SeleQtions and Vivanta hotels and the largest hospitality company in India. The stock trades at Rs 891.65 with a market capitalisation of Rs 1,15,156 crore and a P\/E of 48.59, against an industry P\/E of 37.59.<\/p>\n<p>FY26 revenue rose 16.4% to Rs 9,971 crore and net profit rose 11.9% to Rs 2,195 crore. In the September 2026 quarter, revenue grew 20.8% year on year to Rs 2,566 crore, while net profit grew 20.1% to Rs 380 crore.<\/p>\n<p>Return on equity is 16.21%, debt-to-equity is 0.25, and the dividend yield is 0.40%. Promoters hold 38.12%, foreign institutions 22.12% and domestic institutions 19.66% 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 980 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 980 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>Allied Blenders and Distillers<\/td>\n<td>11.5%<\/td>\n<td>13.0%<\/td>\n<td>Sep 2026<\/td>\n<td>6.7%<\/td>\n<td>9.7%<\/td>\n<\/tr>\n<tr>\n<td>Computer Age Management Services<\/td>\n<td>6.3%<\/td>\n<td>1.6%<\/td>\n<td>Sep 2026<\/td>\n<td>10.1%<\/td>\n<td>14.7%<\/td>\n<\/tr>\n<tr>\n<td>Globus Spirits<\/td>\n<td>6.9%<\/td>\n<td>315.4%<\/td>\n<td>Jun 2026<\/td>\n<td>20.9%<\/td>\n<td>50.7%<\/td>\n<\/tr>\n<tr>\n<td>Jindal Stainless<\/td>\n<td>9.1%<\/td>\n<td>27.4%<\/td>\n<td>Sep 2026<\/td>\n<td>18.4%<\/td>\n<td>11.1%<\/td>\n<\/tr>\n<tr>\n<td>Indian Hotels Company<\/td>\n<td>16.4%<\/td>\n<td>11.9%<\/td>\n<td>Sep 2026<\/td>\n<td>20.8%<\/td>\n<td>20.1%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Factors_That_Move_Under_Rs_980_Stocks_to_Buy\"><\/span><strong>Factors That Move Under Rs 980 Stocks to Buy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Four factors tend to drive under Rs 980 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> Spirits, market services, ethanol, steel and hotels differ.<\/li>\n<li><strong>Dividends:<\/strong> Computer Age Management Services yields about 1.8%.<\/li>\n<li><strong>Valuation:<\/strong> P\/E runs from about 17 to 91.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Risks_to_Keep_in_Mind_Before_Buying_Under_Rs_980_Stocks\"><\/span><strong>Risks to Keep in Mind Before Buying Under Rs 980 Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The first risk is that a mid-range share price says little about value, so earnings and valuation matter more. The second is that Allied Blenders and Distillers trades at a P\/E near 91 while Jindal Stainless trades near 17, and Globus Spirits is valued at only about Rs 2,300 crore. Check results every quarter.<\/p>\n<p>On the numbers, Allied Blenders and Distillers trades at the highest P\/E on this list at 91.03, so its earnings need to keep growing to support the price. Under Rs 980 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_980_Stocks_to_Buy\"><\/span><strong>How to Choose Under Rs 980 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> Jindal Stainless trades lowest.<\/li>\n<li><strong>Read ROE:<\/strong> Computer Age Management Services leads.<\/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_980_Stocks\"><\/span><strong>How to Invest in Under Rs 980 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>Jindal Stainless offers the lowest P\/E on this list at 16.92, Computer Age Management Services has the highest return on equity at 36.04%, and Globus Spirits posted the fastest net profit growth in its latest full year at 315.4%. Among the best under Rs 980 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 980 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_980_Stocks_to_Buy\"><\/span><strong>Frequently Asked Questions on Under Rs 980 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_980_stocks_to_buy_in_November_2026\"><\/span><strong>Which are the best under Rs 980 stocks to buy in November 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The five under Rs 980 stocks on the November 2026 watchlist are Allied Blenders and Distillers, Computer Age Management Services, Globus Spirits, Jindal Stainless and Indian Hotels Company. Jindal Stainless has the lowest P\/E at 16.92, Computer Age Management Services has the highest ROE at 36.04%, and Globus Spirits grew net profit 315.4% 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_Indian_Hotels_Company_a_good_stock_to_buy_from_this_Under_Rs_980_list\"><\/span><strong>Is Indian Hotels Company a good stock to buy from this Under Rs 980 list?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Indian Hotels Company is the largest company on this list with a market capitalisation of Rs 1,15,156 crore and a P\/E of 48.59 against an industry P\/E of 37.59. Its FY26 revenue rose 16.4% and net profit rose 11.9%, with return on equity at 16.21%. 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_980_stocks_expensive_right_now\"><\/span><strong>Are these under Rs 980 stocks expensive right now?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Valuations vary across the group. Allied Blenders and Distillers trades at a P\/E of 91.03, Computer Age Management Services trades at a P\/E of 35.19, Globus Spirits trades at a P\/E of 23.28, Jindal Stainless trades at a P\/E of 16.92, Indian Hotels Company trades at a P\/E of 48.59, against industry multiples ranging from 19.82 to 49.38. 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_980_stocks_pay_a_dividend\"><\/span><strong>Which of these under Rs 980 stocks pay a dividend?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Dividend yields on this list are Allied Blenders and Distillers 0.77%, Computer Age Management Services 1.79%, Jindal Stainless 0.59%, Indian Hotels Company 0.40%. 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> Computer Age Management Services has the highest ROE on this list at 36.04%, followed by Indian Hotels Company at 16.21% and Jindal Stainless at 15.70%. 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_980_stocks\"><\/span><strong>What are the risks of investing in under Rs 980 stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The main risks are mid-range prices that say little about value, one very high valuation and thin trading in one small company. On this list, Allied Blenders and Distillers trades at the highest P\/E of 91.03, 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_980_stocks_in_India\"><\/span><strong>How can I invest in under Rs 980 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 980 stocks to buy in November 2026?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The five under Rs 980 stocks on the November 2026 watchlist are Allied Blenders and Distillers, Computer Age Management Services, Globus Spirits, Jindal Stainless and Indian Hotels Company. Jindal Stainless has the lowest P\/E at 16.92, Computer Age Management Services has the highest ROE at 36.04%, and Globus Spirits grew net profit 315.4% in its latest full year. This is educational content, not investment advice, so please consult a SEBI-registered advisor.\"}},{\"@type\":\"Question\",\"name\":\"Is Indian Hotels Company a good stock to buy from this Under Rs 980 list?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Indian Hotels Company is the largest company on this list with a market capitalisation of Rs 1,15,156 crore and a P\/E of 48.59 against an industry P\/E of 37.59. Its FY26 revenue rose 16.4% and net profit rose 11.9%, with return on equity at 16.21%. 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 980 stocks expensive right now?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Valuations vary across the group. Allied Blenders and Distillers trades at a P\/E of 91.03, Computer Age Management Services trades at a P\/E of 35.19, Globus Spirits trades at a P\/E of 23.28, Jindal Stainless trades at a P\/E of 16.92, Indian Hotels Company trades at a P\/E of 48.59, against industry multiples ranging from 19.82 to 49.38. 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 980 stocks pay a dividend?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Dividend yields on this list are Allied Blenders and Distillers 0.77%, Computer Age Management Services 1.79%, Jindal Stainless 0.59%, Indian Hotels Company 0.40%. 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\":\"Computer Age Management Services has the highest ROE on this list at 36.04%, followed by Indian Hotels Company at 16.21% and Jindal Stainless at 15.70%. 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 980 stocks?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The main risks are mid-range prices that say little about value, one very high valuation and thin trading in one small company. On this list, Allied Blenders and Distillers trades at the highest P\/E of 91.03, 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 980 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 980 stocks on the November 2026 watchlist with FY26 growth, valuation, ROE, shareholding and risks for Allied Blenders, Computer Age Management Services, Globus Spirits, Jindal Stainless and Indian Hotels.<\/p>\n","protected":false},"author":34,"featured_media":343765,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[14666,7547,5134,19452,22216],"class_list":["post-343766","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-computer-age-management-services","tag-indian-hotels","tag-jindal-stainless","tag-mid-priced-stocks","tag-stocks-under-980"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["343765"],"rank_math_title":["Under Rs 980 Stocks to Buy in Nov 2026: Top 5 Picks"],"rank_math_description":["Under Rs 980 stocks to buy in November 2026: Allied Blenders, Computer Age Management Services and Globus Spirits, with growth, valuation, ROE and key risks."],"rank_math_focus_keyword":["under Rs 980 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-980-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\/343766","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\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=343766"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/343766\/revisions"}],"predecessor-version":[{"id":343767,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/343766\/revisions\/343767"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/343765"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=343766"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=343766"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=343766"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}