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Under Rs 1900 Stocks to Buy in November 2026: 5 Names on the Watchlist

Kalpataru Projects Rs 1,366. Astral Rs 1,424. Gravita India Rs 1,475. Cholamandalam Rs 1,658. Sun Pharma Rs 1,773. NSE closing prices, 4 Nov 2026.


5 Nov 2026 • 12:08 pm

Under Rs 1900 Stocks to Buy in November 2026: 5 Names on the Watchlist

Quick Answer

Five under Rs 1900 stocks to buy on the November 2026 watchlist are Kalpataru Projects International, Astral, Gravita India, Cholamandalam Investment and Finance and Sun Pharmaceutical Industries. All five grew revenue in their latest full year, and all five also grew net profit. Kalpataru Projects International has the lowest P/E at 20.12, while Cholamandalam Investment and Finance leads on return on equity at 18.02%. Check each valuation against your own risk appetite before acting.

The under Rs 1900 stocks to buy in November 2026 start with five listed names: Kalpataru Projects International, Astral, Gravita India, Cholamandalam Investment and Finance and Sun Pharmaceutical Industries. Stocks under Rs 1,900 include an engineering contractor, a pipes maker, a metal recycler, a vehicle finance company and a large pharmaceutical company, priced from about Rs 1,366 to Rs 1,773.

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 1900 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 Under Rs 1900 Stocks to Buy in November 2026?

The best under Rs 1900 stocks to buy in November 2026 for a watchlist are Kalpataru Projects International, Astral, Gravita India, Cholamandalam Investment and Finance and Sun Pharmaceutical Industries. 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
Kalpataru Projects International 1,366 Rs 22,710 crore 20.12 13.37% 0.83%
Astral 1,424 Rs 36,614 crore 63.60 13.18% 0.18%
Gravita India 1,475 Rs 10,440 crore 26.25 15.05% 0.45%
Cholamandalam Investment and Finance 1,658 Rs 1,37,140 crore 22.04 18.02% 0.12%
Sun Pharmaceutical Industries 1,773 Rs 4,22,991 crore 34.91 13.74% 0.91%

On valuation, Kalpataru Projects International and Sun Pharmaceutical Industries sit close to it; Astral, Gravita India and Cholamandalam Investment and Finance carry a premium. Valuation is the first filter for any under Rs 1900 stocks to buy list, and it is covered again in the risk section.

Why These Under Rs 1900 Stocks to Buy Are in Focus

Shares in this range often belong to established businesses with large market values. The list covers an engineering, procurement and construction company, a pipes and fittings maker, a metal recycler, a vehicle and home loan lender from the Murugappa Group and a large pharma company. Investors searching for the best stocks under Rs 1,900 in India should check earnings, valuation and debt, since a share price alone says little about quality.

Kalpataru Projects International: The Transmission and EPC Specialist Among Under Rs 1900 Stocks to Buy

Kalpataru Projects International is an engineering, procurement and construction company working on power transmission, railways, water and buildings in India and abroad. At Rs 1,366, the stock has a market capitalisation of Rs 22,710 crore and trades at 20.12 times earnings, while the industry P/E is 21.53.

Reported numbers show FY26 revenue of Rs 27,248 crore, up 21.8% year on year, with net profit at Rs 1,031 crore, up 81.7%. The June 2026 quarter added revenue of Rs 6,485 crore (up 4.8%) and net profit of Rs 312 crore (up 45.9%).

Return on equity is 13.37%, debt-to-equity is 0.46, and the dividend yield is 0.83%. Promoters hold 33.58%, foreign institutions 10.75% and domestic institutions 44.85% as of September 2026.

Astral: The Pipes and Fittings Leader Among Under Rs 1900 Stocks to Buy

Astral is a pipes and fittings maker with a growing adhesives and paints business. Its market capitalisation is Rs 36,614 crore, the share price is Rs 1,424 and the P/E of 63.60 compares with an industry P/E of 33.18.

Over FY26, net profit rose 3.0% to Rs 535 crore on revenue of Rs 6,616 crore, which was up 12.6%. The latest quarter, the June 2026 quarter, brought revenue of Rs 1,591 crore, up 16.1% year on year, and net profit of Rs 120 crore, up 51.8%.

Return on equity is 13.18%, debt-to-equity is 0.06, and the dividend yield is 0.18%. Promoters hold 54.22%, foreign institutions 11.09% and domestic institutions 22.62% as of September 2026. Domestic institutional holding has risen from 17.79% to 22.62% over the last year. A point to keep in view: at a P/E of 63.60, expectations are already high.

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Gravita India: The Metal Recycler Among Under Rs 1900 Stocks to Buy

Gravita India is a metal recycler that makes lead, aluminium and plastic products from scrap. The stock trades at Rs 1,475 with a market capitalisation of Rs 10,440 crore and a P/E of 26.25, against an industry P/E of 9.96.

FY26 revenue rose 9.1% to Rs 4,342 crore and net profit rose 20.9% to Rs 378 crore. In the September 2026 quarter, revenue grew 36.1% year on year to Rs 1,445 crore, while net profit grew 6.3% to Rs 102 crore.

Return on equity is 15.05%, debt-to-equity is 0.33, and the dividend yield is 0.45%. Promoters hold 55.88%, foreign institutions 11.78% and domestic institutions 4.90% as of September 2026.

Cholamandalam Investment and Finance: The Vehicle Finance Specialist Among Under Rs 1900 Stocks to Buy

Cholamandalam Investment and Finance is a vehicle finance, home loan and small business lender in the Murugappa Group. At Rs 1,658, the stock has a market capitalisation of Rs 1,37,140 crore and trades at 22.04 times earnings, while the industry P/E is 16.15.

Reported numbers show FY26 revenue of Rs 31,539 crore, up 20.6% year on year, with net profit at Rs 5,229 crore, up 22.7%. The September 2026 quarter added revenue of Rs 9,395 crore (up 23.4%) and net profit of Rs 1,630 crore (up 40.6%).

Return on equity is 18.02%, and the dividend yield is 0.12%. Promoters hold 48.93%, foreign institutions 24.87% and domestic institutions 20.38% as of September 2026. Domestic institutional holding has risen from 17.27% to 20.38% over the last year.

Sun Pharmaceutical Industries: The Pharma Heavyweight Among Under Rs 1900 Stocks to Buy

Sun Pharmaceutical Industries is India's largest pharmaceutical company by market value, with a strong domestic franchise and a growing specialty portfolio in the US. Its market capitalisation is Rs 4,22,991 crore, the share price is Rs 1,773 and the P/E of 34.91 compares with an industry P/E of 37.65.

Over FY26, net profit rose 5.3% to Rs 11,565 crore on revenue of Rs 61,674 crore, which was up 12.7%. The latest quarter, the June 2026 quarter, brought revenue of Rs 16,024 crore, up 11.9% year on year, and net profit of Rs 2,911 crore, up 26.4%.

Return on equity is 13.74%, debt-to-equity is 0.06, and the dividend yield is 0.91%. Promoters hold 52.68%, foreign institutions 14.36% and domestic institutions 22.27% as of September 2026. Domestic institutional holding has risen from 20.23% to 22.27% over the last year.

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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 under Rs 1900 stocks, using filed results.

Company Full-Year Revenue Growth Full-Year Profit Growth Latest Quarter Quarter Revenue Growth Quarter Profit Growth
Kalpataru Projects International 21.8% 81.7% Jun 2026 4.8% 45.9%
Astral 12.6% 3.0% Jun 2026 16.1% 51.8%
Gravita India 9.1% 20.9% Sep 2026 36.1% 6.3%
Cholamandalam Investment and Finance 20.6% 22.7% Sep 2026 23.4% 40.6%
Sun Pharmaceutical Industries 12.7% 5.3% Jun 2026 11.9% 26.4%

Factors That Move Under Rs 1900 Stocks to Buy

Four factors tend to drive under Rs 1900 stocks, and each one is worth checking before a purchase.

  • Sector mix: Engineering, pipes, recycling, finance and pharma differ.
  • Order flow: Contractors depend on project wins.
  • Input costs: Pipes and recycling follow raw material prices.
  • Valuation: Compare P/E with the industry.

Risks to Keep in Mind Before Buying Under Rs 1900 Stocks

The first risk is that the engineering contractor and the pipes maker depend on project timing and raw material costs. The second is that the lender and the pharma company follow credit and regulatory conditions. Check results every quarter.

On the numbers, Astral trades at the highest P/E on this list at 63.60, so its earnings need to keep growing to support the price. Under Rs 1900 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 1900 Stocks to Buy

  • Check growth: Look at revenue and profit trends.
  • Review debt: Contractors and lenders need separate checks.
  • Study return ratios: ROE shows efficiency.
  • Diversify: Avoid holding only one theme.

How to Invest in Under Rs 1900 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

Kalpataru Projects International offers the lowest P/E on this list at 20.12, Cholamandalam Investment and Finance has the highest return on equity at 18.02%, and Kalpataru Projects International posted the fastest net profit growth in its latest full year at 81.7%. Among the best under Rs 1900 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 1900 stocks to buy.

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 Under Rs 1900 Stocks to Buy

Which are the best under Rs 1900 stocks to buy in November 2026?

Ans. The five under Rs 1900 stocks on the November 2026 watchlist are Kalpataru Projects International, Astral, Gravita India, Cholamandalam Investment and Finance and Sun Pharmaceutical Industries. Kalpataru Projects International has the lowest P/E at 20.12, Cholamandalam Investment and Finance has the highest ROE at 18.02%, and Kalpataru Projects International grew net profit 81.7% in its latest full year. This is educational content, not investment advice, so please consult a SEBI-registered advisor.

Is Sun Pharmaceutical Industries a good stock to buy from this Under Rs 1900 list?

Ans. Sun Pharmaceutical Industries is the largest company on this list with a market capitalisation of Rs 4,22,991 crore and a P/E of 34.91 against an industry P/E of 37.65. Its FY26 revenue rose 12.7% and net profit rose 5.3%, with return on equity at 13.74%. 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 1900 stocks expensive right now?

Ans. Valuations vary across the group. Kalpataru Projects International trades at a P/E of 20.12, Astral trades at a P/E of 63.60, Gravita India trades at a P/E of 26.25, Cholamandalam Investment and Finance trades at a P/E of 22.04, Sun Pharmaceutical Industries trades at a P/E of 34.91, against industry multiples ranging from 9.96 to 37.65. Higher multiples reflect faster growth but also leave less room for earnings misses, so entry price deserves attention.

Which of these under Rs 1900 stocks pay a dividend?

Ans. Dividend yields on this list are Kalpataru Projects International 0.83%, Astral 0.18%, Gravita India 0.45%, Cholamandalam Investment and Finance 0.12%, Sun Pharmaceutical Industries 0.91%. Yields are modest across the group, so most investors look at these stocks for growth in earnings rather than for income, and payouts can change with company profits.

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

Ans. Cholamandalam Investment and Finance has the highest ROE on this list at 18.02%, followed by Gravita India at 15.05% and Sun Pharmaceutical Industries at 13.74%. 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 1900 stocks?

Ans. The main risks are project timing and raw material costs, credit and regulatory conditions and sector cycles. On this list, Astral trades at the highest P/E of 63.60, 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 1900 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.

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Note: This blog is for information purpose only. Investments and trading are subject to market risks, read all scheme related documents carefully.

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