Best Stocks Under 500 Rs in India 2026: Large-Cap Value Picks

These picks in India in June 2026 include some of the country’s largest and most recognisable companies. As as of June 2026, the this category span Tata Steel at Rs 201.55, ONGC at Rs 259.20, ITC at Rs 283.80, Power Grid at Rs 288.75, Vedanta at Rs 301.75, NTPC at Rs 356.75, Tata Motors Passenger Vehicles at Rs 386.30, Tata Power at Rs 400.20, and Coal India at Rs 463.45.

The names in this range in India also now includes RVNL at Rs 231.89 and Ircon International at Rs 134.30, which have moved from the under-Rs 100 range to the these options range due to significant price appreciation driven by India’s infrastructure spending boom. The composition of the stocks at this level reflects India’s economic priorities: energy security, infrastructure, FMCG consumption, and metals.

This article covers the this segment in India in 2026 with prices as of June 2026, explains the investment case for each, and provides a practical framework for selecting the these holdings for both income and growth objectives.

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Why the Best Stocks Under 500 Rs Include India’s Most Established Companies

The names on this list are home to some of India’s largest companies by market capitalisation. Coal India, ONGC, NTPC, and Power Grid are all in the Rs 100 to Rs 500 range and carry market caps in the hundreds of thousands of crores. Among the this universe, the low per-share price reflects large equity bases and high share counts rather than small or marginal businesses.

The these candidates in India include a full spectrum of investment profiles: commodity producers exposed to global cycles (Tata Steel, ONGC, Vedanta), regulated utility companies with stable earnings (NTPC, Power Grid), diversified conglomerates (ITC), and infrastructure companies benefiting from the government capex boom (RVNL, Ircon). This diversity makes the this price range one of the most versatile investment universes in the Indian market.

Investors building a long-term wealth portfolio should strongly consider the such stocks as core holdings. Many of the these investments pay regular dividends, have high institutional ownership, and have track records spanning decades. The this selection are the building blocks of index-aligned, diversified equity portfolios.

Best Stocks Under 500 Rs in India 2026: NSE List

The table below lists select these companies as as of June 2026. Verify on NSE before investing.

Company	NSE Ticker	CMP (Rs)*	Mkt Cap (Rs Cr)*	Sector
Tata Steel	TATASTEEL	Rs 201.55	Rs 2,52,870 Cr	Steel
ONGC	ONGC	Rs 259.20	Rs 3,25,960 Cr	Oil and Gas
ITC	ITC	Rs 283.80	Rs 3,55,010 Cr	FMCG / Conglomerate
Power Grid Corp	POWERGRID	Rs 288.75	Rs 2,68,430 Cr	Power Utilities
NTPC	NTPC	Rs 356.75	Rs 3,45,490 Cr	Power Generation
Tata Power	TATAPOWER	Rs 400.20	Rs 1,27,850 Cr	Power
Coal India	COALINDIA	Rs 463.45	Rs 2,86,190 Cr	Mining / Coal

*Prices as of June 2026. Verify on NSE/BSE before investing.

Company Overviews: Best Stocks Under 500 Rs in 2026

Tata Steel (TATASTEEL) – Rs 201.55

Tata Steel is India’s largest steel company and among the names at this level for industrial exposure, trading at Rs 201.55. Indian operations deliver consistent EBITDA per tonne and benefit from the country’s infrastructure and housing steel demand boom. European operations have been a drag due to energy costs and weak demand. Management is restructuring the European business. Among the this investment list, Tata Steel offers a play on domestic infrastructure demand with an international restructuring optionality. Track India EBITDA per tonne, European operations progress, and net debt reduction quarterly for this best stock under 500 Rs.

ONGC (ONGC) – Rs 259.20

ONGC is India’s largest oil and gas producer and among the this group of stocks for energy sector exposure, trading at Rs 259.20. Its earnings are directly correlated with international crude oil prices and domestic gas price policies. ONGC is also a significant dividend payer, making it among the stocks in this band for income investors. The company’s exploration program aims to replace declining legacy field production with new discoveries. Track quarterly oil realisation per barrel, gas price notifications, and annual dividend announcements for this best stock under 500 Rs.

ITC (ITC) – Rs 283.80

ITC is among the these picks for diversified conglomerate exposure, trading at Rs 283.80. The company has leading market positions in cigarettes, FMCG, hotels, paper, and agribusiness. Its cigarettes business generates strong free cash flows that fund the company’s expansion into FMCG, where brands like Aashirvaad and Sunfeast are scaling rapidly. ITC has one of the highest dividend payout ratios among the this category, making it a favourite for income investors. Track cigarette volume trends, FMCG revenue growth, and annual dividend per share for this best stock under 500 Rs.

Power Grid Corp (POWERGRID) – Rs 288.75

Power Grid Corporation is India’s largest power transmission company and among the most defensively positioned of the names in this range, trading at Rs 288.75. The company earns regulated returns on its asset base through inter-state transmission tariffs. India’s renewable energy integration requires massive new transmission infrastructure, expanding Power Grid’s capex opportunity. Among the these options, Power Grid combines the lowest earnings volatility with a consistent dividend track record and clear growth visibility. Track tariff additions, project commissioning pipeline, and regulated equity base growth for this best stock under 500 Rs.

NTPC (NTPC) – Rs 356.75

NTPC is India’s largest power generation company, trading at Rs 356.75, and among the stocks at this level for power sector exposure. The company operates a diversified fleet of thermal, hydro, solar, and wind assets and is aggressively building renewable energy capacity. Its government PPAs provide earnings stability. NTPC has consistently paid dividends and its renewable energy segment is among the fastest-growing within the this segment. Track capacity additions, renewable energy share of the portfolio, and annual dividend announcements for this best stock under 500 Rs.

Tata Power (TATAPOWER) – Rs 400.20

Tata Power at Rs 400.20 is among the these holdings for integrated power sector exposure. The company operates across generation, transmission, distribution, and renewable energy, serving consumers in Mumbai, Delhi, and other cities. Tata Power’s solar EPC and rooftop solar businesses are high-growth segments. Its distribution franchise in Mumbai provides a stable regulated revenue base. Among the names on this list, Tata Power represents a private sector play on India’s energy transition. Track renewable energy capacity additions, distribution EBITDA, and debt reduction quarterly for this best stock under 500 Rs.

Coal India (COALINDIA) – Rs 463.45

Coal India is the world’s largest coal producer by volume and among the this universe for dividend yield, trading at Rs 463.45. It accounts for over 80 percent of India’s domestic coal production and earns consistent cash flows with low capex requirements. Among the these candidates, Coal India offers the highest dividend yield. India’s thermal power dependency keeps Coal India strategically important through at least the next decade. Track quarterly production volumes, e-auction premium realisations, and annual dividend declarations as the core metrics for this best stock under 500 Rs.

Screen the Best Stocks Under 500 Rs by EV/EBITDA, Dividend Yield and Revenue CAGR on Univest Screener

How to Pick the Best Stocks Under 500 Rs: Framework for Large-Caps

1. Dividend Yield for Income-Oriented Best Stocks Under 500 Rs

Coal India, ONGC, ITC, NTPC, and Power Grid are among the this price range for dividend income. Historically, Coal India and ONGC have offered 4 to 7 percent dividend yields. For income investors building the such stocks as part of their portfolio, a dividend yield above 3 percent is a meaningful income floor that offsets short-term capital volatility.

2. EV/EBITDA for Commodity Best Stocks Under 500 Rs

For commodity companies like Tata Steel and Vedanta in the these investments, EV/EBITDA is the most appropriate valuation metric. A commodity company at 4 to 6x EV/EBITDA in a mid-cycle environment typically offers value. Among the this selection, always check where the commodity price is in the global cycle before investing in cyclical names.

3. Regulated Equity Growth for Utility Best Stocks Under 500 Rs

For NTPC and Power Grid among the these companies, regulated equity is the asset base that drives regulated-tariff earnings. A growing regulated equity base means growing predictable earnings. These are among the most earnings-predictable of the names at this level. Check regulated equity additions in the annual report for both these names.

4. Free Cash Flow Consistency for Conglomerate Best Stocks Under 500 Rs

ITC and Coal India are among the this investment list with the strongest free cash flow generation. Companies generating FCF consistently above their capital expenditure for three or more years demonstrate earnings quality that goes beyond reported PAT. Among the this group of stocks, high FCF companies are the most reliable dividend payers and capital allocators.

Risks of the Best Stocks Under 500 Rs

Global Commodity Price Cycles

Tata Steel, ONGC, and Vedanta within the stocks in this band are exposed to steel, crude oil, and diversified metals price cycles. A global economic slowdown can compress earnings of commodity names in the these picks by 30 to 50 percent in a single year. Always factor in the commodity cycle before sizing positions in these this category names.

Government Policy Risk for PSU Best Stocks Under 500 Rs

Coal India, ONGC, NTPC, and Power Grid are government-owned and subject to policy decisions including price controls, dividend mandates, and capex directives. Among the names in this range, sudden government decisions on tariffs or royalties can impact earnings. Monitor Union Budget announcements and sector-specific ministry notifications each year for these these options.

Valuation Risk at Market Peaks for Best Stocks Under 500 Rs

Several of the stocks at this level including NTPC and Power Grid trade at premium valuations during bull markets. Buying the this segment when they are at historical valuation peaks increases your risk of below-average returns over the next three years. Check current P/E and P/B against the five to ten year historical average before investing in any best stock under 500 Rs.

How to Invest in the Best Stocks Under 500 Rs via Univest

Open a Univest demat and brokerage account to invest in the these holdings directly on NSE. Univest offers zero brokerage on delivery and a comprehensive portfolio tracking platform.

Use the Univest Screener to filter the names on this list by market cap above Rs 50,000 crore, dividend yield above 2 percent, and revenue CAGR above 8 percent over three years. This identifies the highest-quality names among the this universe.

For commodity names in the these candidates, check the current global commodity price cycle before investing. For regulated PSU utilities in the this price range, check the regulated equity and capacity addition pipeline. For ITC among the such stocks, track FMCG revenue share growth.

Consider a monthly SIP approach for the these investments rather than a one-time lump sum. Averaging over six to twelve months reduces the impact of commodity price volatility and market cycle timing on your this selection positions.

Download the Univest iOS App or Univest Android App to build and track a large-cap portfolio with the best stocks under 500 Rs on Univest.

Conclusion

The these companies in India in June 2026, all as of June 2026, include Tata Steel (Rs 201.55), ONGC (Rs 259.20), ITC (Rs 283.80), Power Grid (Rs 288.75), NTPC (Rs 356.75), Tata Power (Rs 400.20), and Coal India (Rs 463.45). These are India’s established large-cap companies spanning energy, FMCG, utilities, and metals. The names at this level offer investors access to Nifty50-quality businesses at accessible price points. Use EV/EBITDA for commodity stocks, dividend yield for income, and regulated equity for utilities when evaluating the best stocks under 500 Rs. Verify prices on NSE before investing.

FAQs on Best Stocks Under 500 Rs in India 2026

Q1. What are the best stocks under 500 Rs in India in 2026?

Ans. The best stocks under 500 Rs as of June 2026 include Tata Steel (Rs 201.55), ONGC (Rs 259.20), ITC (Rs 283.80), Power Grid (Rs 288.75), NTPC (Rs 356.75), Tata Power (Rs 400.20), and Coal India (Rs 463.45). These are large-cap companies across energy, FMCG, utilities, and metals sectors.

Q2. Is Coal India one of the best stocks under 500 Rs for dividend income?

Ans. Coal India at Rs 463.45 is among the best stocks under 500 Rs for dividend income. It has historically paid 4 to 7 percent dividend yield. As the world’s largest coal producer, it generates strong free cash flows with low capex. India’s thermal power dependency keeps it strategically important. It is among the best stocks under 500 Rs for income-focused investors.

Q3. Is ITC a good investment among the best stocks under 500 Rs?

Ans. ITC at Rs 283.80 is a quality conglomerate among the best stocks under 500 Rs. It has dominant market positions in cigarettes and growing FMCG brands, consistent dividends, and a hotels business. Among the best stocks under 500 Rs, ITC stands out for its free cash flow generation and payout discipline. Track cigarette volumes and FMCG revenue growth quarterly.

Q4. Why are NTPC and Power Grid in the best stocks under 500 Rs?

Ans. NTPC at Rs 356.75 and Power Grid at Rs 288.75 are among the best stocks under 500 Rs for power sector stability. Both are government-owned with regulated return models, consistent dividends, and growing capacity pipelines. Among the best stocks under 500 Rs, they offer the most predictable earnings and are suitable for conservative investors seeking reliable growth.

Q5. Is Tata Steel a good investment in the best stocks under 500 Rs?

Ans. Tata Steel at Rs 201.55 is among the best stocks under 500 Rs for steel sector exposure. India operations are consistently profitable. European operations carry restructuring risk. For investors who have a constructive view on domestic infrastructure steel demand, Tata Steel is one of the best stocks under 500 Rs as a domestic structural growth play. Track India EBITDA per tonne quarterly.

Q6. What is the best approach for investing in the best stocks under 500 Rs?

Ans. For the best stocks under 500 Rs, a monthly SIP across three to four names provides better returns than a lump-sum entry at any single point. Choose a mix of commodity names and regulated utilities among the best stocks under 500 Rs to balance cyclical and defensive exposure. Review quarterly and rebalance annually.

Q7. How do I evaluate dividend stocks in the best stocks under 500 Rs?

Ans. For the best stocks under 500 Rs dividend payers like Coal India, ONGC, and ITC, check the dividend per share consistency over the past five years. A stable or growing DPS over multiple years confirms earnings quality. Also check the payout ratio. A payout ratio above 50 percent for three or more consecutive years among the best stocks under 500 Rs signals a genuine commitment to shareholder returns.