Dividend and Growth Stocks to Buy in November 2026: 5 Names on the Watchlist

The dividend and growth stocks to buy in November 2026 start with five listed names: Steel Authority of India, NRB Bearings, Gujarat Pipavav Port, UltraTech Cement and Patanjali Foods. Dividend and growth stocks are companies that pay a dividend while also growing profit at a healthy pace, so investors can earn income and benefit from rising earnings.

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 dividend and growth stocks to buy to a portfolio. All prices are NSE closing prices of 4 November 2026, and financials come from company filings.

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Which Are the Best Dividend and Growth Stocks to Buy in November 2026?

The best dividend and growth stocks to buy in November 2026 for a watchlist are Steel Authority of India, NRB Bearings, Gujarat Pipavav Port, UltraTech Cement and Patanjali Foods. 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.

Company	CMP (Rs)	Market Cap	P/E	ROE	Dividend Yield
Steel Authority of India	170.49	Rs 66,584 crore	11.88	8.96%	1.46%
NRB Bearings	484.45	Rs 4,407 crore	29.26	14.83%	1.25%
Gujarat Pipavav Port	164.98	Rs 7,853 crore	14.05	21.57%	6.40%
UltraTech Cement	11,816	Rs 3,30,465 crore	37.41	11.96%	2.14%
Patanjali Foods	383.90	Rs 40,554 crore	20.59	15.37%	1.01%

On valuation, Steel Authority of India, NRB Bearings, Gujarat Pipavav Port and Patanjali Foods trade below the industry P/E; UltraTech Cement carries a premium. Valuation is the first filter for any dividend and growth stocks to buy list, and it is covered again in the risk section.

Why These Dividend and Growth Stocks to Buy Are in Focus

In this list, dividend yields run from about 1.0% to 6.4%, and FY26 net profit grew between roughly 30% and 77% for every company. Latest-quarter profit also rose year on year for all five. The list covers a steel maker, a bearings maker, a port operator, a cement leader and a food and FMCG company. Investors comparing the best dividend and growth stocks in India usually check whether profit is strong enough to keep supporting payouts.

Steel Authority of India: The Public Sector Steelmaker Among Dividend and Growth Stocks to Buy

Steel Authority of India is a government-owned integrated steel producer. The stock trades at Rs 170.49 with a market capitalisation of Rs 66,584 crore and a P/E of 11.88, against an industry P/E of 19.82.

FY26 revenue rose 8.1% to Rs 1,11,705 crore and net profit rose 42.2% to Rs 3,373 crore. In the September 2026 quarter, revenue grew 19.8% year on year to Rs 32,230 crore, while net profit grew 318.1% to Rs 1,750 crore.

Return on equity is 8.96%, debt-to-equity is 0.50, and the dividend yield is 1.46%. Promoters hold 65.00%, foreign institutions 7.31% and domestic institutions 16.49% as of September 2026. Foreign institutional holding has risen from 3.76% to 7.31% over the last year.

NRB Bearings: The Needle Roller Specialist Among Dividend and Growth Stocks to Buy

NRB Bearings is a maker of needle roller bearings for automobile and industrial customers. At Rs 484.45, the stock has a market capitalisation of Rs 4,407 crore and trades at 29.26 times earnings, while the industry P/E is 42.17.

Reported numbers show FY26 revenue of Rs 1,370 crore, up 12.0% year on year, with net profit at Rs 146 crore, up 76.9%. The June 2026 quarter added revenue of Rs 375 crore (up 17.4%) and net profit of Rs 37.8 crore (up 15.1%).

Return on equity is 14.83%, debt-to-equity is 0.16, and the dividend yield is 1.25%. Promoters hold 43.88%, foreign institutions 18.65% and domestic institutions 14.35% as of September 2026. Domestic institutional holding has risen from 12.27% to 14.35% over the last year.

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Gujarat Pipavav Port: The Container Port Operator Among Dividend and Growth Stocks to Buy

Gujarat Pipavav Port is a port operator at Pipavav in Gujarat handling containers and bulk cargo. Its market capitalisation is Rs 7,853 crore, the share price is Rs 164.98 and the P/E of 14.05 compares with an industry P/E of 30.60.

Over FY26, net profit rose 29.8% to Rs 515 crore on revenue of Rs 1,232 crore, which was up 15.2%. The latest quarter, the June 2026 quarter, brought revenue of Rs 347 crore, up 28.0% year on year, and net profit of Rs 148 crore, up 41.8%.

Return on equity is 21.57%, debt-to-equity is 0.02, and the dividend yield is 6.40%. Promoters hold 44.01%, foreign institutions 23.23% and domestic institutions 13.09% as of September 2026. Foreign institutional holding has risen from 19.82% to 23.23% over the last year.

UltraTech Cement: The Capacity Leader Among Dividend and Growth Stocks to Buy

UltraTech Cement is India's largest cement company by capacity, with a pan-India plant network. The stock trades at Rs 11,816 with a market capitalisation of Rs 3,30,465 crore and a P/E of 37.41, against an industry P/E of 30.93.

FY26 revenue rose 16.2% to Rs 89,089 crore and net profit rose 35.6% to Rs 8,188 crore. In the September 2026 quarter, revenue grew 18.3% year on year to Rs 23,406 crore, while net profit grew 21.3% to Rs 1,501 crore.

Return on equity is 11.96%, debt-to-equity is 0.40, and the dividend yield is 2.14%. Promoters hold 58.48%, foreign institutions 12.69% and domestic institutions 20.86% as of September 2026. Domestic institutional holding has risen from 16.65% to 20.86% over the last year.

Patanjali Foods: The Agri-Processing Name Among Dividend and Growth Stocks to Buy

Patanjali Foods is a food and FMCG company that processes edible oils and farm commodities such as palm, soybean and sunflower, alongside a packaged foods range. At Rs 383.90, the stock has a market capitalisation of Rs 40,554 crore and trades at 20.59 times earnings, while the industry P/E is 33.02.

Reported numbers show FY26 revenue of Rs 40,348 crore, up 19.1% year on year, with net profit at Rs 1,814 crore, up 39.5%. The June 2026 quarter added revenue of Rs 11,342 crore (up 29.2%) and net profit of Rs 336 crore (up 86.1%).

Return on equity is 15.37%, debt-to-equity is 0.21, and the dividend yield is 1.01%. Promoters hold 68.25%, foreign institutions 7.24% and domestic institutions 12.51% as of September 2026.

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Growth Snapshot: Latest Full Year and Latest Quarter

The table compares year-on-year growth in revenue and net profit for all five dividend and growth stocks, using filed results.

Company	Full-Year Revenue Growth	Full-Year Profit Growth	Latest Quarter	Quarter Revenue Growth	Quarter Profit Growth
Steel Authority of India	8.1%	42.2%	Sep 2026	19.8%	318.1%
NRB Bearings	12.0%	76.9%	Jun 2026	17.4%	15.1%
Gujarat Pipavav Port	15.2%	29.8%	Jun 2026	28.0%	41.8%
UltraTech Cement	16.2%	35.6%	Sep 2026	18.3%	21.3%
Patanjali Foods	19.1%	39.5%	Jun 2026	29.2%	86.1%

Factors That Move Dividend and Growth Stocks to Buy

Four factors tend to drive dividend and growth stocks, and each one is worth checking before a purchase.

• Payout record: Look at dividends over several years.
• Profit growth: Growth should support future payouts.
• Payout ratio: A modest share paid out leaves room to reinvest.
• Cash flow: Dividends need cash behind them.

Risks to Keep in Mind Before Buying Dividend and Growth Stocks

The first risk is that dividends are decided by each board and can change with profit and spending plans. The second is that steel and cement earnings follow demand and price cycles, while port volumes follow trade. Check each payout against profit.

On the numbers, UltraTech Cement trades at the highest P/E on this list at 37.41, so its earnings need to keep growing to support the price. Dividend and Growth stocks to buy can still fall when markets turn weak, and a staggered entry has historically suited investors better than a lump-sum purchase.

How to Choose Dividend and Growth Stocks to Buy

• Read yield with growth: A high yield alone is not enough.
• Review history: Several years of payments matter.
• Study debt: Lower debt supports payouts.
• Compare valuations: Growth may already be priced in.

How to Invest in Dividend and Growth Stocks

1. Shortlist two or three companies from this list that match your risk appetite.
2. Open the Univest Screener and compare P/E, ROE and debt for each stock.
3. Check the latest quarterly results and shareholding pattern on NSE or BSE.
4. Decide an amount you can hold for three to five years and split it into two or three purchases.
5. Review the holding after every quarterly result instead of reacting to daily price moves.

Conclusion

Steel Authority of India offers the lowest P/E on this list at 11.88, Gujarat Pipavav Port has the highest return on equity at 21.57%, and NRB Bearings posted the fastest net profit growth in its latest full year at 76.9%. Among the best dividend and growth 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 dividend and growth stocks to buy.

Frequently Asked Questions on Dividend and Growth Stocks to Buy

Which are the best dividend and growth stocks to buy in November 2026?

Ans. The five dividend and growth stocks on the November 2026 watchlist are Steel Authority of India, NRB Bearings, Gujarat Pipavav Port, UltraTech Cement and Patanjali Foods. Steel Authority of India has the lowest P/E at 11.88, Gujarat Pipavav Port has the highest ROE at 21.57%, and NRB Bearings grew net profit 76.9% in its latest full year. This is educational content, not investment advice, so please consult a SEBI-registered advisor.

Is UltraTech Cement a good stock to buy from this Dividend and Growth list?

Ans. UltraTech Cement is the largest company on this list with a market capitalisation of Rs 3,30,465 crore and a P/E of 37.41 against an industry P/E of 30.93. Its FY26 revenue rose 16.2% and net profit rose 35.6%, with return on equity at 11.96%. Whether it suits you depends on your risk appetite and holding period, so please consult a SEBI-registered advisor before investing.

Are these dividend and growth stocks expensive right now?

Ans. Valuations vary across the group. Steel Authority of India trades at a P/E of 11.88, NRB Bearings trades at a P/E of 29.26, Gujarat Pipavav Port trades at a P/E of 14.05, UltraTech Cement trades at a P/E of 37.41, Patanjali Foods trades at a P/E of 20.59, against industry multiples ranging from 19.82 to 42.17. Higher multiples reflect faster growth but also leave less room for earnings misses, so entry price deserves attention.

Which of these dividend and growth stocks pay a dividend?

Ans. Dividend yields on this list are Steel Authority of India 1.46%, NRB Bearings 1.25%, Gujarat Pipavav Port 6.40%, UltraTech Cement 2.14%, Patanjali Foods 1.01%. 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.

Which stock on this list has the highest return on equity?

Ans. Gujarat Pipavav Port has the highest ROE on this list at 21.57%, followed by Patanjali Foods at 15.37% and NRB Bearings at 14.83%. A higher ROE shows a company earns more profit on shareholder capital, but it should be read alongside valuation and debt.

What are the risks of investing in dividend and growth stocks?

Ans. The main risks are board-decided dividends, steel and cement demand cycles and port volume swings. On this list, UltraTech Cement trades at the highest P/E of 37.41, which leaves less room for earnings disappointments. Staggered buying and a long holding period can help manage these risks.

How can I invest in dividend and growth stocks in India?

Ans. 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.