Under Rs 140 Stocks to Buy in November 2026: 5 Names on the Watchlist

The under Rs 140 stocks to buy in November 2026 start with five listed names: Bank of Maharashtra, Inox Green Energy Services, Lemon Tree Hotels, Rashtriya Chemicals and Fertilizers and Vishal Mega Mart. Stocks under Rs 140 include a public sector bank, a wind services company, a hotel chain, a fertiliser maker and a value retail chain, priced from about Rs 88 to Rs 118.

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 140 stocks to buy to a portfolio. All prices are NSE closing prices of 9 November 2026, and financials come from company filings.

Click Here – Get Free Investment Predictions

Which Are the Best Under Rs 140 Stocks to Buy in November 2026?

The best under Rs 140 stocks to buy in November 2026 for a watchlist are Bank of Maharashtra, Inox Green Energy Services, Lemon Tree Hotels, Rashtriya Chemicals and Fertilizers and Vishal Mega Mart. 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
Bank of Maharashtra	87.68	Rs 62,225 crore	7.77	22.53%	1.48%
Inox Green Energy Services	118.05	Rs 4,486 crore	36.86	6.00%	0.00%
Lemon Tree Hotels	115.92	Rs 8,818 crore	29.60	16.32%	0.00%
Rashtriya Chemicals and Fertilizers	102.98	Rs 5,299 crore	11.87	8.35%	2.44%
Vishal Mega Mart	92.62	Rs 40,617 crore	45.16	11.37%	0.00%

On valuation, Bank of Maharashtra, Lemon Tree Hotels, Rashtriya Chemicals and Fertilizers and Vishal Mega Mart trade below the industry P/E; Inox Green Energy Services sits close to it. Valuation is the first filter for any under Rs 140 stocks to buy list, and it is covered again in the risk section.

Why These Under Rs 140 Stocks to Buy Are in Focus

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 public sector bank, a wind turbine services company, a mid-market hotel chain, a fertiliser and chemicals maker and a value retail chain, all of which closed below Rs 140 on the NSE on 9 November. Investors searching for the best stocks under Rs 140 in India should check earnings, valuation and debt.

Bank of Maharashtra: The Growing Public Sector Bank Among Under Rs 140 Stocks to Buy

Bank of Maharashtra is a public sector bank with a strong presence in Maharashtra and a growing loan book. At Rs 87.68, the stock has a market capitalisation of Rs 62,225 crore and trades at 7.77 times earnings, while the industry P/E is 11.45.

Reported numbers show FY26 revenue of Rs 32,824 crore, up 15.6% year on year, with net profit at Rs 7,017 crore, up 26.6%. The September 2026 quarter added revenue of Rs 9,736 crore (up 22.1%) and net profit of Rs 2,310 crore (up 41.4%).

Return on equity is 22.53%, and the dividend yield is 1.48%. Promoters hold 73.60%, foreign institutions 6.51% and domestic institutions 13.77% as of September 2026. Domestic institutional holding has risen from 10.05% to 13.77% over the last year.

Inox Green Energy Services: The Wind Services Name Among Under Rs 140 Stocks to Buy

Inox Green Energy Services is a wind turbine operations and maintenance services company. Its market capitalisation is Rs 4,486 crore, the share price is Rs 118.05 and the P/E of 36.86 compares with an industry P/E of 34.61.

Over FY26, net profit rose 189.9% to Rs 104 crore on revenue of Rs 426 crore, which was up 69.1%. The latest quarter, the June 2026 quarter, brought revenue of Rs 101 crore, up 3.5% year on year, and net profit of Rs 40.8 crore, up 82.2%.

Return on equity is 6.00%, debt-to-equity is 0.05, and the dividend yield is negligible. Promoters hold 53.70%, foreign institutions 8.18% and domestic institutions 1.93% as of September 2026. A point to keep in view: return on equity is a modest 6.00%.

Check Under Rs 140 Stocks Live on the Univest Screener

Lemon Tree Hotels: The Mid-Market Hotel Chain Among Under Rs 140 Stocks to Buy

Lemon Tree Hotels is a mid-market hotel chain with a large pipeline of properties. The stock trades at Rs 115.92 with a market capitalisation of Rs 8,818 crore and a P/E of 29.60, against an industry P/E of 37.59.

FY26 revenue rose 12.8% to Rs 1,465 crore and net profit rose 18.6% to Rs 288 crore. In the June 2026 quarter, revenue grew 9.2% year on year to Rs 347 crore, while net profit grew 19.2% to Rs 57.3 crore.

Return on equity is 16.32%, debt-to-equity is 1.44, and the dividend yield is negligible. Promoters hold 22.32%, foreign institutions 18.26% and domestic institutions 14.80% as of September 2026. A point to keep in view: debt is higher than most names on this list.

Rashtriya Chemicals and Fertilizers: The Government-Owned Fertiliser Maker Among Under Rs 140 Stocks to Buy

Rashtriya Chemicals and Fertilizers is a government-owned producer of urea and complex fertilisers. At Rs 102.98, the stock has a market capitalisation of Rs 5,299 crore and trades at 11.87 times earnings, while the industry P/E is 20.30.

Reported numbers show FY26 revenue of Rs 18,691 crore, up 9.3% year on year, with net profit at Rs 427 crore, up 76.3%. The June 2026 quarter added revenue of Rs 3,621 crore (up 6.2%) and net profit of Rs 73.5 crore (up 35.1%).

Return on equity is 8.35%, debt-to-equity is 0.81, and the dividend yield is 2.44%. Promoters hold 75.00%, foreign institutions 1.40% and domestic institutions 0.32% as of September 2026.

Vishal Mega Mart: The Value Retail Chain Among Under Rs 140 Stocks to Buy

Vishal Mega Mart is a value retail chain selling apparel, general merchandise and FMCG across small and mid-sized cities. Its market capitalisation is Rs 40,617 crore, the share price is Rs 92.62 and the P/E of 45.16 compares with an industry P/E of 60.81.

Over FY26, net profit rose 32.8% to Rs 839 crore on revenue of Rs 12,993 crore, which was up 20.6%. The latest quarter, the September 2026 quarter, brought revenue of Rs 3,437 crore, up 14.5% year on year, and net profit of Rs 158 crore, up 3.7%.

Return on equity is 11.37%, debt-to-equity is 0.27, and the dividend yield is negligible. Promoters hold 40.02%, foreign institutions 18.75% and domestic institutions 36.45% as of September 2026. Domestic institutional holding has risen from 25.42% to 36.45% over the last year.

Download the Univest iOS App or Univest Android App to track these under Rs 140 stocks live and get daily stock recommendations.

Growth Snapshot: Latest Full Year and Latest Quarter

The table compares year-on-year growth in revenue and net profit for all five under Rs 140 stocks, using filed results.

Company	Full-Year Revenue Growth	Full-Year Profit Growth	Latest Quarter	Quarter Revenue Growth	Quarter Profit Growth
Bank of Maharashtra	15.6%	26.6%	Sep 2026	22.1%	41.4%
Inox Green Energy Services	69.1%	189.9%	Jun 2026	3.5%	82.2%
Lemon Tree Hotels	12.8%	18.6%	Jun 2026	9.2%	19.2%
Rashtriya Chemicals and Fertilizers	9.3%	76.3%	Jun 2026	6.2%	35.1%
Vishal Mega Mart	20.6%	32.8%	Sep 2026	14.5%	3.7%

Factors That Move Under Rs 140 Stocks to Buy

Four factors tend to drive under Rs 140 stocks, and each one is worth checking before a purchase.

• Earnings growth: Profit should be rising.
• Sector mix: Banking, wind services, hotels, fertilisers and retail differ.
• Dividends: Rashtriya Chemicals and Fertilizers yields about 2.4%.
• Valuation: P/E runs from about 8 to 45.

Risks to Keep in Mind Before Buying Under Rs 140 Stocks

The first risk is that a low share price says little about value, so earnings and valuation matter more. The second is that Vishal Mega Mart trades at a P/E near 45 while Bank of Maharashtra trades near 8, and Lemon Tree Hotels carries the highest borrowings of the five. Check results every quarter.

On the numbers, Vishal Mega Mart trades at the highest P/E on this list at 45.16, so its earnings need to keep growing to support the price. Under Rs 140 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 Under Rs 140 Stocks to Buy

• Look at earnings: Price alone is not a signal.
• Check P/E: Bank of Maharashtra trades lowest.
• Read dividends: Rashtriya Chemicals and Fertilizers yields the most.
• Diversify: Spread across the five sectors.

How to Invest in Under Rs 140 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

Bank of Maharashtra offers both the lowest P/E on this list at 7.77 and the highest return on equity at 22.53%, and Inox Green Energy Services posted the fastest net profit growth in its latest full year at 189.9%. Among the best under Rs 140 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 140 stocks to buy.

Frequently Asked Questions on Under Rs 140 Stocks to Buy

Which are the best under Rs 140 stocks to buy in November 2026?

Ans. The five under Rs 140 stocks on the November 2026 watchlist are Bank of Maharashtra, Inox Green Energy Services, Lemon Tree Hotels, Rashtriya Chemicals and Fertilizers and Vishal Mega Mart. Bank of Maharashtra has both the lowest P/E at 7.77 and the highest ROE at 22.53%, and Inox Green Energy Services grew net profit 189.9% in its latest full year. This is educational content, not investment advice, so please consult a SEBI-registered advisor.

Is Bank of Maharashtra a good stock to buy from this Under Rs 140 list?

Ans. Bank of Maharashtra is the largest company on this list with a market capitalisation of Rs 62,225 crore and a P/E of 7.77 against an industry P/E of 11.45. Its FY26 revenue rose 15.6% and net profit rose 26.6%, with return on equity at 22.53%. Whether it suits you depends on your risk appetite and holding period, so please consult a SEBI-registered advisor before investing.

Are these under Rs 140 stocks expensive right now?

Ans. Valuations vary across the group. Bank of Maharashtra trades at a P/E of 7.77, Inox Green Energy Services trades at a P/E of 36.86, Lemon Tree Hotels trades at a P/E of 29.60, Rashtriya Chemicals and Fertilizers trades at a P/E of 11.87, Vishal Mega Mart trades at a P/E of 45.16, against industry multiples ranging from 11.45 to 60.81. Higher multiples reflect faster growth but also leave less room for earnings misses, so entry price deserves attention.

Which of these under Rs 140 stocks pay a dividend?

Ans. Dividend yields on this list are Bank of Maharashtra 1.48%, Rashtriya Chemicals and Fertilizers 2.44%. 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. Bank of Maharashtra has the highest ROE on this list at 22.53%, followed by Lemon Tree Hotels at 16.32% and Vishal Mega Mart at 11.37%. 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 under Rs 140 stocks?

Ans. The main risks are low prices that say little about value, farm input demand and a wide spread in valuations. On this list, Vishal Mega Mart trades at the highest P/E of 45.16, which leaves less room for earnings disappointments. Staggered buying and a long holding period can help manage these risks.

How can I invest in under Rs 140 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.