Under Rs 780 Stocks to Buy in November 2026: 5 Names on the Watchlist

The under Rs 780 stocks to buy in November 2026 start with five listed names: Adani Total Gas, Allied Blenders and Distillers, Elgi Equipments, JBM Auto and JSW Energy. Stocks under Rs 780 include a city gas distributor, a whisky maker, an air compressor maker, an auto components and bus maker and a power producer, priced from about Rs 504 to Rs 699.

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 780 stocks to buy to a portfolio. All prices are NSE closing prices of 5 November 2026, and financials come from company filings.

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Which Are the Best Under Rs 780 Stocks to Buy in November 2026?

The best under Rs 780 stocks to buy in November 2026 for a watchlist are Adani Total Gas, Allied Blenders and Distillers, Elgi Equipments, JBM Auto and JSW Energy. 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	581.60	Rs 60,160 crore	93.66	12.40%	0.05%
Allied Blenders and Distillers	699.05	Rs 19,657 crore	91.03	13.90%	0.77%
Elgi Equipments	547.10	Rs 16,281 crore	36.36	19.28%	0.53%
JBM Auto	503.65	Rs 11,549 crore	46.33	14.21%	0.17%
JSW Energy	523.35	Rs 93,508 crore	33.69	6.32%	0.38%

On valuation, Elgi Equipments trades below the industry P/E; Adani Total Gas, Allied Blenders and Distillers, JBM Auto and JSW Energy carry a premium. Valuation is the first filter for any under Rs 780 stocks to buy list, and it is covered again in the risk section.

Why These Under Rs 780 Stocks to Buy Are in Focus

A mid-range share price does not make a stock better or worse value, because value depends on earnings and the number of shares. The list covers a city gas distribution company, the maker of Officer's Choice whisky, an air compressor maker with a large international business, a maker of auto components and buses and a power producer building thermal, hydro and renewable capacity, all of which closed below Rs 780 on the NSE on 5 November. Investors searching for the best stocks under Rs 780 in India should check earnings, valuation and debt.

Adani Total Gas: The City Gas Distributor Among Under Rs 780 Stocks to Buy

Adani Total Gas is a city gas distribution company, a joint venture between Adani and TotalEnergies. At Rs 581.60, 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.

Allied Blenders and Distillers: The Volume Whisky Player Among Under Rs 780 Stocks to Buy

Allied Blenders and Distillers is the maker of Officer's Choice, one of the highest-selling whisky brands in the country by volume. Its market capitalisation is Rs 19,657 crore, the share price is Rs 699.05 and the P/E of 91.03 compares with an industry P/E of 49.38.

Over FY26, net profit rose 13.0% to Rs 220 crore on revenue of Rs 3,949 crore, which was up 11.5%. The latest quarter, the September 2026 quarter, brought revenue of Rs 2,089 crore, up 6.7% year on year, and net profit of Rs 69.0 crore, up 9.7%.

Return on equity is 13.90%, debt-to-equity is 0.85, and the dividend yield is 0.77%. Promoters hold 78.95%, foreign institutions 4.40% and domestic institutions 6.64% as of September 2026. Domestic institutional holding has risen from 4.56% to 6.64% over the last year. A point to keep in view: at a P/E of 91.03, expectations are already high.

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Elgi Equipments: The Air Compressor Specialist Among Under Rs 780 Stocks to Buy

Elgi Equipments is an air compressor maker with a large international business. The stock trades at Rs 547.10 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.

JBM Auto: The Components and Bus Maker Among Under Rs 780 Stocks to Buy

JBM Auto is a maker of auto components and buses, including electric buses. At Rs 503.65, the stock has a market capitalisation of Rs 11,549 crore and trades at 46.33 times earnings, while the industry P/E is 36.71.

Reported numbers show FY26 revenue of Rs 6,227 crore, up 12.7% year on year, with net profit at Rs 238 crore, up 10.9%. The September 2026 quarter added revenue of Rs 1,667 crore (up 18.4%) and net profit of Rs 61.3 crore (up 11.0%).

Return on equity is 14.21%, debt-to-equity is 1.78, and the dividend yield is 0.17%. Promoters hold 67.53%, foreign institutions 1.93% and domestic institutions 0.13% as of September 2026. A point to keep in view: debt is higher than most names on this list.

JSW Energy: The Growing Power Producer Among Under Rs 780 Stocks to Buy

JSW Energy is a power producer building thermal, hydro and renewable capacity. Its market capitalisation is Rs 93,508 crore, the share price is Rs 523.35 and the P/E of 33.69 compares with an industry P/E of 19.93.

Over FY26, net profit rose 39.3% to Rs 2,762 crore on revenue of Rs 19,878 crore, which was up 57.3%. The latest quarter, the September 2026 quarter, brought revenue of Rs 6,658 crore, up 24.2% year on year, and net profit of Rs 1,141 crore, up 38.4%.

Return on equity is 6.32%, debt-to-equity is 2.25, and the dividend yield is 0.38%. Promoters hold 66.53%, foreign institutions 10.91% and domestic institutions 16.71% as of September 2026. Domestic institutional holding has risen from 14.43% to 16.71% over the last year. A point to keep in view: debt is higher than most names on this list, and return on equity is a modest 6.32%.

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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 780 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%
Allied Blenders and Distillers	11.5%	13.0%	Sep 2026	6.7%	9.7%
Elgi Equipments	14.0%	22.8%	Jun 2026	22.1%	20.7%
JBM Auto	12.7%	10.9%	Sep 2026	18.4%	11.0%
JSW Energy	57.3%	39.3%	Sep 2026	24.2%	38.4%

Factors That Move Under Rs 780 Stocks to Buy

Four factors tend to drive under Rs 780 stocks, and each one is worth checking before a purchase.

• Earnings growth: Profit should be rising.
• Sector mix: Gas, spirits, machinery, buses and power differ.
• Return on equity: Elgi Equipments leads at about 19%.
• Debt: JSW Energy carries the highest borrowings.

Risks to Keep in Mind Before Buying Under Rs 780 Stocks

The first risk is that a share price says little about value, so earnings and valuation matter more. The second is that Adani Total Gas and Allied Blenders and Distillers trade at a P/E above 90, so expectations are high. 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 780 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 780 Stocks to Buy

• Look at earnings: Price alone is not a signal.
• Check P/E: JSW Energy trades lowest.
• Read dividends: Allied Blenders and Distillers yields the most.
• Diversify: Spread across the five sectors.

How to Invest in Under Rs 780 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

JSW Energy offers the lowest P/E on this list at 33.69, Elgi Equipments has the highest return on equity at 19.28%, and JSW Energy posted the fastest net profit growth in its latest full year at 39.3%. Among the best under Rs 780 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 780 stocks to buy.

Frequently Asked Questions on Under Rs 780 Stocks to Buy

Which are the best under Rs 780 stocks to buy in November 2026?

Ans. The five under Rs 780 stocks on the November 2026 watchlist are Adani Total Gas, Allied Blenders and Distillers, Elgi Equipments, JBM Auto and JSW Energy. JSW Energy has the lowest P/E at 33.69, Elgi Equipments has the highest ROE at 19.28%, and JSW Energy grew net profit 39.3% in its latest full year. This is educational content, not investment advice, so please consult a SEBI-registered advisor.

Is JSW Energy a good stock to buy from this Under Rs 780 list?

Ans. JSW Energy is the largest company on this list with a market capitalisation of Rs 93,508 crore and a P/E of 33.69 against an industry P/E of 19.93. Its FY26 revenue rose 57.3% and net profit rose 39.3%, with return on equity at 6.32%. 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 780 stocks expensive right now?

Ans. Valuations vary across the group. Adani Total Gas trades at a P/E of 93.66, Allied Blenders and Distillers trades at a P/E of 91.03, Elgi Equipments trades at a P/E of 36.36, JBM Auto trades at a P/E of 46.33, JSW Energy trades at a P/E of 33.69, against industry multiples ranging from 13.88 to 49.38. Higher multiples reflect faster growth but also leave less room for earnings misses, so entry price deserves attention.

Which of these under Rs 780 stocks pay a dividend?

Ans. Dividend yields on this list are Adani Total Gas 0.05%, Allied Blenders and Distillers 0.77%, Elgi Equipments 0.53%, JBM Auto 0.17%, JSW Energy 0.38%. 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 JBM Auto at 14.21% and Allied Blenders and Distillers at 13.90%. 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 780 stocks?

Ans. The main risks are high valuations at two names, borrowings at the power producer and bus order timing. 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 780 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.