
4 Largecap Nifty 50 Stocks Under Rs 1,000 to Watch for Future Multibagger Potential: HDFC Bank, SBI, Bajaj Finance and NTPC
HDFC Bank Rs 694.05. SBI Rs 970. Bajaj Finance Rs 942.10. NTPC Rs 302.60. Market caps from Rs 3.04 lakh crore to Rs 11.23 lakh crore. Data as of 22 Oct 2026.
Updated: 23 Oct 2026 • 9:15 am
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HDFC Bank, SBI, Bajaj Finance and NTPC are the 4 picks in this Nifty 50 stocks under Rs 1,000 watchlist, with market caps between Rs 3.04 lakh crore and Rs 11.23 lakh crore. HDFC Bank stands out for the largest market cap at Rs 11,22,628 crore, while SBI offers the lowest PE of the group at 9.82. PE ratios run from 9.82 to 29.21, so compare each one with its industry PE before investing. All figures are as of 22 October 2026.
Nifty 50 stocks under Rs 1,000 to watch for multibagger potential start with a simple filter: size, a clean financial record and earnings that keep growing. HDFC Bank, SBI, Bajaj Finance and NTPC meet that test, with market caps from Rs 3.04 lakh crore to Rs 11.23 lakh crore and HDFC Bank offering the largest market cap at Rs 11,22,628 crore. Each of these companies has membership of the Nifty 50 index and a share price below Rs 1,000, and net profit rose in FY26 and in the latest quarter.
This list covers companies with membership of the Nifty 50 index and a share price below Rs 1,000, rising profit in FY26 and the latest quarter, market capitalisation above Rs 1,00,000 crore, and complete, verifiable financials, ranked by market capitalisation. Each company has a market cap above Rs 1 lakh crore. Investors screening Nifty 50 stocks under Rs 1,000 usually begin with size and balance sheet strength, and this list follows the same logic. All figures are as of 22 October 2026 and are drawn from NSE and BSE data and company filings.
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What Are Nifty 50 Stocks Under Rs 1,000 and Why Do They Attract Multibagger Interest?
Nifty 50 stocks under Rs 1,000 are shares of Nifty 50 companies that an investor can buy for under Rs 1,000 a share. The four here cover private banking, public sector banking, consumer finance and power generation.
A lower share price makes it easy to build a position in steps, though value depends on earnings. For Nifty 50 stocks under Rs 1,000, rising profit adds to the case. A sensible way to study Nifty 50 stocks under Rs 1,000 is to look at profit growth, returns and valuation side by side. Below, each of Nifty 50 stocks under Rs 1,000 gets its own breakdown of growth, returns and valuation. Treat Nifty 50 stocks under Rs 1,000 as a research list, since share prices and rankings change with every earnings season.
Nifty 50 Stocks Under Rs 1,000 at a Glance: Price, Market Cap, PE, ROE and Price to Book
Prices are closing prices as of 22 October 2026. SBI has the lowest PE of the group at 9.82, while Bajaj Finance posts the highest return on equity at 16.68%.
| Stock | CMP (Rs) | Market Cap (Rs Cr) | PE | Industry PE | ROE | Price to Book | 52-Week Range (Rs) |
|---|---|---|---|---|---|---|---|
| HDFC Bank | 694.05 | 11,22,628 | 13.61 | 11.94 | 13.14% | 1.87 | 681.90 to 1,020.50 |
| State Bank of India | 970 | 8,80,754 | 9.82 | 12.05 | 14.29% | 1.50 | 877.05 to 1,234.70 |
| Bajaj Finance | 942.10 | 6,02,984 | 29.21 | 17.68 | 16.68% | 5.29 | 787.90 to 1,176.40 |
| NTPC | 302.60 | 3,04,475 | 10.75 | 21.61 | 13.31% | 1.50 | 302.60 to 414.40 |
HDFC Bank: 20.04% Profit CAGR Since FY22
HDFC Bank is India's largest private sector bank by assets and serves retail, business and corporate customers through a wide branch and digital network. It reported FY26 total income of Rs 4,95,462.81 crore, up 5.21% year on year, and net profit of Rs 79,219.46 crore, up 7.87%. Net profit has compounded at 20.04% a year since FY22, while total income has grown 31.11% a year.
In the September 2026 quarter, total income rose 9.11% to Rs 1,29,358.69 crore and net profit grew 5.76% to Rs 21,537.09 crore. Domestic institutions raised their holding from 36.26% in September 2025 to 43.63% in September 2026. The stock trades at a PE of 13.61 against an industry PE of 11.94, with a return on equity of 13.14%. The dividend yield is 2.13%.
SBI: 23.72% Profit CAGR Since FY22
State Bank of India is the country's largest lender, with a branch network that reaches every part of India. It reported FY26 total income of Rs 7,12,643.53 crore, up 7.43% year on year, and net profit of Rs 85,168.47 crore, up 7.78%. Net profit has compounded at 23.72% a year since FY22, while total income has grown 15.03% a year.
The stock trades at a PE of 9.82 against an industry PE of 12.05, below the sector average, with a return on equity of 14.29%. The dividend yield is 1.82%. In the June 2026 quarter, total income rose 7.83% to Rs 1,80,061.86 crore and net profit grew 13.65% to Rs 24,579.04 crore. The share price has gained 92.86% over five years. Foreign investors raised their holding from 9.98% in July 2025 to 10.81% in June 2026.
Bajaj Finance: 28.78% Profit CAGR Since FY22
Bajaj Finance is a large NBFC offering consumer, SME, commercial and mortgage loans along with deposits and payment services. It reported FY26 total income of Rs 81,989.50 crore, up 19.09% year on year, and net profit of Rs 19,332.36 crore, up 15.21%. Net profit has compounded at 28.78% a year since FY22, while total income has grown 26.88% a year.
In the June 2026 quarter, total income rose 18.63% to Rs 23,166.42 crore and net profit grew 27.60% to Rs 6,080.60 crore. Domestic institutions raised their holding from 14.47% in September 2025 to 17.05% in September 2026. The stock trades at a PE of 29.21 against an industry PE of 17.68, with a return on equity of 16.68%.
NTPC: Five-Year Gain of 110.40%
NTPC is India's largest power generation company and is growing its renewable energy portfolio. It reported FY26 revenue of Rs 1,89,798.56 crore and net profit of Rs 30,009.98 crore, up 48.19%. Net profit has compounded at 18.01% a year since FY22, while revenue has grown 8.89% a year. Operating margin was 32.45% in FY26.
The stock trades at a PE of 10.75 against an industry PE of 21.61, below the sector average, with a return on equity of 13.31%. The dividend yield is 2.87%. In the June 2026 quarter, revenue rose 6.94% to Rs 51,141.51 crore and net profit grew 12.90% to Rs 6,896.44 crore. The share price has gained 110.40% over five years. Domestic institutions raised their holding from 28.92% in June 2025 to 29.44% in June 2026.
Nifty 50 Stocks Under Rs 1,000: Financial Comparison on Growth and Margins
The table compares scale and growth across these Nifty 50 stocks under Rs 1,000. Latest quarter means the most recent reported quarter for each company, and only metrics that are positive for every company are shown.
| Stock | Total Income (Rs Cr) | Net Profit (Rs Cr) | 4-Year Income CAGR | 4-Year Net Profit CAGR | Latest Quarter Income Growth |
|---|---|---|---|---|---|
| HDFC Bank | 4,95,462.81 | 79,219.46 | 31.11% | 20.04% | 9.11% |
| SBI | 7,12,643.53 | 85,168.47 | 15.03% | 23.72% | 7.83% |
| Bajaj Finance | 81,989.50 | 19,332.36 | 26.88% | 28.78% | 18.63% |
| NTPC | 1,89,798.56 | 30,009.98 | 8.89% | 18.01% | 6.94% |
Check the Univest Screener for live data on these Nifty 50 stocks under Rs 1,000
Institutional Holding in HDFC Bank, SBI, Bajaj Finance and NTPC
Institutional holding shows who is backing these Nifty 50 stocks under Rs 1,000 alongside the promoter. The table uses the latest reported quarter for each. HDFC Bank has the deepest institutional backing, with FII and DII together holding 83.03% as of September 2026. Domestic institutions increased their holding over the past year in HDFC Bank (from 36.26% to 43.63%), Bajaj Finance (from 14.47% to 17.05%) and NTPC (from 28.92% to 29.44%).
| Stock | Promoter | FII | DII | Public | Quarter |
|---|---|---|---|---|---|
| HDFC Bank | Nil | 39.40% | 43.63% | 16.97% | September 2026 |
| SBI | 55.47% | 10.81% | 26.64% | 7.08% | June 2026 |
| Bajaj Finance | 54.67% | 19.79% | 17.05% | 8.49% | September 2026 |
| NTPC | 51.10% | 16.30% | 29.44% | 3.15% | June 2026 |
Risks to Weigh in Nifty 50 Stocks Under Rs 1,000
Being careful with Nifty 50 stocks under Rs 1,000 means looking at what can slow the story as well as what can speed it up. Four points matter most:
- Past growth may not repeat.
- Share prices can move sharply in either direction.
- Valuation: Bajaj Finance trades at a PE of 29.21 against an industry PE of 17.68, so earnings need to keep growing to support the price.
- Concentration: Holding all 4 names puts the allocation in one sector, so size each position to match your risk appetite.
How to Choose Between Nifty 50 Stocks Under Rs 1,000
Picking from Nifty 50 stocks under Rs 1,000 comes down to four checks, applied in order.
- Check asset quality and net interest margin first, then return on equity and price to book. Debt-to-equity does not apply to lenders.
- Compare each PE with the industry PE (11.94 to 21.61) and ask whether the growth rate justifies any gap.
- Track net profit growth, the operating margin and the return on equity in every quarterly result.
- Stagger entries across quarters and review institutional holding every reporting season.
Download the Univest iOS App or Univest Android App to track HDFC Bank, SBI, Bajaj Finance and NTPC live prices.
Conclusion
Among Nifty 50 stocks under Rs 1,000, HDFC Bank stands out for the largest market cap at Rs 11,22,628 crore, SBI for the lowest PE of the group at 9.82, Bajaj Finance for the highest return on equity at 16.68% and NTPC for the biggest five-year price gain at 110.40%. Which one suits a portfolio depends on how much valuation risk it can carry, so staggering entries and reviewing each quarterly result is a sound habit. Investors comparing Nifty 50 stocks under Rs 1,000 should rank them on growth, financial strength and the price paid, and anyone who wants personalised guidance can consult a SEBI-registered advisor before acting.
Disclaimer: 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).
Frequently Asked Questions on Nifty 50 Stocks Under Rs 1,000 to Watch
Which are the best Nifty 50 stocks under Rs 1,000 to watch for multibagger potential?
Ans. HDFC Bank, SBI, Bajaj Finance and NTPC are the 4 names this list highlights, with market caps of Rs 11,22,628 crore, Rs 8,80,754 crore, Rs 6,02,984 crore and Rs 3,04,475 crore respectively. HDFC Bank is notable for the largest market cap at Rs 11,22,628 crore. SBI stands out for the lowest PE of the group at 9.82. Bajaj Finance offers the highest return on equity at 16.68%. NTPC brings the biggest five-year price gain at 110.40%. These are watchlist names for Nifty 50 stocks under Rs 1,000, not recommendations, so match each one to your own risk profile and time horizon.
Is Bajaj Finance a good stock for long-term investors?
Ans. Bajaj Finance has a return on equity of 16.68%, a PE of 29.21 against an industry PE of 17.68 and a market cap of Rs 6,02,984 crore. Net profit has compounded at 28.78% a year since FY22, and FY26 revenue rose 19.09% while June 2026 quarter net profit grew 27.60%. Long-term returns in Nifty 50 stocks under Rs 1,000 depend on earnings growth and the price paid at entry, so staggering purchases and consulting a SEBI-registered advisor is sensible.
Can SBI become a multibagger from here?
Ans. SBI has already gained 92.86% in five years, so another multi-fold move would need sustained earnings growth. A multibagger outcome in Nifty 50 stocks under Rs 1,000 requires earnings to keep growing faster than the market for several years. Net profit has compounded at 23.72% a year since FY22, and FY26 revenue rose 7.43%. At a PE of 9.82 against an industry PE of 12.05, valuation should be checked against that growth before investing.
What is the market cap of HDFC Bank, SBI, Bajaj Finance and NTPC?
Ans. As of 22 October 2026, HDFC Bank has a market cap of Rs 11,22,628 crore, SBI has a market cap of Rs 8,80,754 crore, Bajaj Finance has a market cap of Rs 6,02,984 crore and NTPC has a market cap of Rs 3,04,475 crore. All of them qualify as largecaps. Market cap changes daily with the share price, so check the latest figure on the Univest Screener or on NSE before taking a decision on Nifty 50 stocks under Rs 1,000.
What are the risks of investing in Nifty 50 stocks under Rs 1,000?
Ans. The main risks are market swings, slower growth than expected and valuations that already reflect good news. Companies with strong balance sheets and steady earnings handle these better. Bajaj Finance trades at a PE of 29.21 against an industry PE of 17.68, so earnings growth needs to hold up.
Why is Bajaj Finance trading at a PE of 29.21?
Ans. Bajaj Finance's PE of 29.21 compares with an industry PE of 17.68. The market is paying a premium for a return on equity of 16.68%, profit growth of 28.78% a year since FY22 and latest-quarter profit growth of 27.60%, which also means the stock is more sensitive if growth slows. Investors in Nifty 50 stocks under Rs 1,000 who are comfortable with higher valuation risk may prefer to stagger purchases instead of investing in one go.
How much do institutions hold in HDFC Bank, SBI, Bajaj Finance and NTPC?
Ans. As of the latest reported quarter, FII and DII together hold 83.03% of HDFC Bank (39.40% and 43.63%), 37.45% of SBI (10.81% and 26.64%), 36.84% of Bajaj Finance (19.79% and 17.05%) and 45.74% of NTPC (16.30% and 29.44%). Rising institutional holding is a useful signal in Nifty 50 stocks under Rs 1,000, though it should be read with earnings trends rather than on its own.
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