Under Rs 680 Stocks to Buy in November 2026: 5 Names on the Watchlist

The under Rs 680 stocks to buy in November 2026 start with five listed names: Adani Total Gas, Aditya Birla Capital, Elgi Equipments, Exide Industries and Federal Bank. Stocks under Rs 680 include a city gas distributor, a financial services group, an air compressor maker, a battery maker and a private sector bank, priced from about Rs 362 to Rs 582. Federal Bank is part of the Bank Nifty index.

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 680 stocks to buy to a portfolio. All prices are NSE closing prices of 11 November 2026, and financials come from company filings.

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Which Are the Best Under Rs 680 Stocks to Buy in November 2026?

The best under Rs 680 stocks to buy in November 2026 for a watchlist are Adani Total Gas, Aditya Birla Capital, Elgi Equipments, Exide Industries and Federal Bank. 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
Adani Total Gas	582.05	Rs 60,160 crore	93.66	12.40%	0.05%
Aditya Birla Capital	396.00	Rs 98,568 crore	23.94	10.96%	0.00%
Elgi Equipments	561.50	Rs 16,281 crore	36.36	19.28%	0.53%
Exide Industries	385.95	Rs 30,094 crore	32.13	6.14%	0.56%
Federal Bank	361.60	Rs 85,661 crore	15.90	12.60%	0.35%

On valuation, Elgi Equipments and Exide Industries trade below the industry P/E; Adani Total Gas, Aditya Birla Capital and Federal Bank carry a premium. Valuation is the first filter for any under Rs 680 stocks to buy list, and it is covered again in the risk section.

Why These Under Rs 680 Stocks to Buy Are in Focus

A mid-range share price does not mean a stock is inexpensive, because value depends on earnings and the number of shares. The list covers a city gas distributor, a diversified financial services group, an air compressor maker, a battery manufacturer and a private sector bank from Kerala, all of which closed below Rs 680 on the NSE on 11 November. Investors searching for the best stocks under Rs 680 in India should check earnings, valuation and debt.

Adani Total Gas: The City Gas Distributor Among Under Rs 680 Stocks to Buy

Adani Total Gas is a city gas distribution company, a joint venture between Adani and TotalEnergies. At Rs 582.05, the stock has a market capitalisation of Rs 60,160 crore and trades at 93.66 times earnings, while the industry P/E is 13.88.

Reported numbers show FY26 revenue of Rs 5,932 crore, up 17.9% year on year, with net profit at Rs 656 crore, up 0.2%. The September 2026 quarter added revenue of Rs 2,124 crore (up 34.0%) and net profit of Rs 173 crore (up 6.0%).

Return on equity is 12.40%, debt-to-equity is 0.47, and the dividend yield is 0.05%. Promoters hold 74.80%, foreign institutions 12.84% and domestic institutions 6.38% as of September 2026. A point to keep in view: at a P/E of 93.66, expectations are already high.

Aditya Birla Capital: The Group Financial Services Arm Among Under Rs 680 Stocks to Buy

Aditya Birla Capital is the financial services arm of the Aditya Birla Group, with lending, insurance and asset management. Its market capitalisation is Rs 98,568 crore, the share price is Rs 396.00 and the P/E of 23.94 compares with an industry P/E of 16.15.

Over FY26, net profit rose 14.2% to Rs 3,864 crore on revenue of Rs 45,617 crore, which was up 12.0%. The latest quarter, the June 2026 quarter, brought revenue of Rs 12,187 crore, up 27.9% year on year, and net profit of Rs 1,224 crore, up 43.3%.

Return on equity is 10.96%, and the dividend yield is negligible. Promoters hold 68.82%, foreign institutions 8.92% and domestic institutions 13.38% as of September 2026. Foreign institutional holding has risen from 6.78% to 8.92% over the last year.

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Elgi Equipments: The Air Compressor Specialist Among Under Rs 680 Stocks to Buy

Elgi Equipments is an air compressor maker with a large international business. The stock trades at Rs 561.50 with a market capitalisation of Rs 16,281 crore and a P/E of 36.36, against an industry P/E of 42.61.

FY26 revenue rose 14.0% to Rs 4,068 crore and net profit rose 22.8% to Rs 430 crore. In the June 2026 quarter, revenue grew 22.1% year on year to Rs 1,083 crore, while net profit grew 20.7% to Rs 103 crore.

Return on equity is 19.28%, debt-to-equity is 0.24, and the dividend yield is 0.53%. Promoters hold 31.19%, foreign institutions 20.20% and domestic institutions 11.47% as of September 2026. Domestic institutional holding has risen from 6.25% to 11.47% over the last year.

Exide Industries: The Battery Maker Among Under Rs 680 Stocks to Buy

Exide Industries is a battery maker that is building lithium-ion cell capacity. At Rs 385.95, the stock has a market capitalisation of Rs 30,094 crore and trades at 32.13 times earnings, while the industry P/E is 36.13.

Reported numbers show FY26 revenue of Rs 18,096 crore, up 4.3% year on year, with net profit at Rs 860 crore, up 7.4%. The June 2026 quarter added revenue of Rs 5,555 crore (up 17.6%) and net profit of Rs 351 crore (up 27.9%).

Return on equity is 6.14%, debt-to-equity is 0.11, and the dividend yield is 0.56%. Promoters hold 45.99%, foreign institutions 13.21% and domestic institutions 17.57% as of September 2026. Foreign institutional holding has risen from 10.88% to 13.21% over the last year. A point to keep in view: return on equity is a modest 6.14%.

Federal Bank: A Mid-Sized Private Bank Among Under Rs 680 Stocks to Buy

Federal Bank is a Kerala-based private bank with a growing retail, small-business and NRI franchise. Its market capitalisation is Rs 85,661 crore, the share price is Rs 361.60 and the P/E of 15.90 compares with an industry P/E of 11.43.

Over FY26, net profit rose 6.7% to Rs 4,483 crore on revenue of Rs 34,272 crore, which was up 7.0%. The latest quarter, the September 2026 quarter, brought revenue of Rs 9,903 crore, up 19.0% year on year, and net profit of Rs 1,564 crore, up 53.4%.

Return on equity is 12.60%, and the dividend yield is 0.35%. The company has no identified promoter, with foreign institutions holding 28.55% and domestic institutions 49.28% as of September 2026. Foreign institutional holding has risen from 25.54% to 28.55% 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 680 stocks, using filed results.

Company	Full-Year Revenue Growth	Full-Year Profit Growth	Latest Quarter	Quarter Revenue Growth	Quarter Profit Growth
Adani Total Gas	17.9%	0.2%	Sep 2026	34.0%	6.0%
Aditya Birla Capital	12.0%	14.2%	Jun 2026	27.9%	43.3%
Elgi Equipments	14.0%	22.8%	Jun 2026	22.1%	20.7%
Exide Industries	4.3%	7.4%	Jun 2026	17.6%	27.9%
Federal Bank	7.0%	6.7%	Sep 2026	19.0%	53.4%

Factors That Move Under Rs 680 Stocks to Buy

Four factors tend to drive under Rs 680 stocks, and each one is worth checking before a purchase.

• Earnings growth: Profit should be rising.
• Sector mix: Gas, financial services, machinery, batteries and banking differ.
• Dividends: Exide Industries yields about 0.6%.
• Valuation: P/E runs from about 16 to 94.

Risks to Keep in Mind Before Buying Under Rs 680 Stocks

The first risk is that a mid-range share price says little about value, so earnings and valuation matter more. The second is that Adani Total Gas trades at a P/E near 94 while Federal Bank trades near 16, and Aditya Birla Capital carries the highest borrowings of the five as a lender. Check results every quarter.

On the numbers, Adani Total Gas trades at the highest P/E on this list at 93.66, so its earnings need to keep growing to support the price. Under Rs 680 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 680 Stocks to Buy

• Look at earnings: Price alone is not a signal.
• Check P/E: Federal Bank trades lowest.
• Read ROE: Elgi Equipments leads.
• Diversify: Spread across the five sectors.

How to Invest in Under Rs 680 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

Federal Bank offers the lowest P/E on this list at 15.90, Elgi Equipments has the highest return on equity at 19.28%, and Elgi Equipments posted the fastest net profit growth in its latest full year at 22.8%. Among the best under Rs 680 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 680 stocks to buy.

Frequently Asked Questions on Under Rs 680 Stocks to Buy

Which are the best under Rs 680 stocks to buy in November 2026?

Ans. The five under Rs 680 stocks on the November 2026 watchlist are Adani Total Gas, Aditya Birla Capital, Elgi Equipments, Exide Industries and Federal Bank. Federal Bank has the lowest P/E at 15.90, Elgi Equipments has the highest ROE at 19.28%, and Elgi Equipments grew net profit 22.8% in its latest full year. This is educational content, not investment advice, so please consult a SEBI-registered advisor.

Is Aditya Birla Capital a good stock to buy from this Under Rs 680 list?

Ans. Aditya Birla Capital is the largest company on this list with a market capitalisation of Rs 98,568 crore and a P/E of 23.94 against an industry P/E of 16.15. Its FY26 revenue rose 12.0% and net profit rose 14.2%, with return on equity at 10.96%. 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 680 stocks expensive right now?

Ans. Valuations vary across the group. Adani Total Gas trades at a P/E of 93.66, Aditya Birla Capital trades at a P/E of 23.94, Elgi Equipments trades at a P/E of 36.36, Exide Industries trades at a P/E of 32.13, Federal Bank trades at a P/E of 15.90, against industry multiples ranging from 11.43 to 42.61. Higher multiples reflect faster growth but also leave less room for earnings misses, so entry price deserves attention.

Which of these under Rs 680 stocks pay a dividend?

Ans. Dividend yields on this list are Adani Total Gas 0.05%, Elgi Equipments 0.53%, Exide Industries 0.56%, Federal Bank 0.35%. 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. Elgi Equipments has the highest ROE on this list at 19.28%, followed by Federal Bank at 12.60% and Adani Total Gas at 12.40%. 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 680 stocks?

Ans. The main risks are mid-range prices that say little about value, one very high valuation and borrowings at the financial services group. On this list, Adani Total Gas trades at the highest P/E of 93.66, 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 680 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.