Based on current RS Ratings, the strongest Industrial Manufacturing stocks in India are Lippi Systems Ltd. (RS 100), Kabra Extrusiontechnik Ltd. (RS 99), Prizor Viztech Ltd. (RS 99). These stocks have the highest relative strength compared to all other stocks in the market. RS Rating is updated daily on sharpely. Currently, 46 of 212 stocks (22%) in this group have an RS Rating above 80, placing them in the market's strongest 20%.
Industrial Manufacturing Stocks in India
212 stocks · 3 industriesNSE Industry GroupPart of Capital Goods sectorUpdated 14 Oct 2026
Market Statistics
Breadth — stocks above 200 EMA
48%
Moderate — 48% above 200 EMA
RS Rating — in market's strongest 20%
46 of 212
22% of stocks are top performers
Average P/E
33.9x
Industry group average
Stocks outperforming Nifty 50 (1Y)
45.5%
Moderate — 45.5% beat Nifty
Current outlook
Auto‑updated dailyThe Industrial Manufacturing industry group shows moderate breadth - 48% of 212 stocks above 200 EMA. On the relative strength front, 46 of 212 stocks (22%) carry an RS Rating in the market's strongest 20%, indicating strong relative performance and quality.
From a valuation perspective, fair valuation - the group trades at a average P/E of 33.9x, in line with the sector average of 32.2x. Meanwhile, moderate relative performance — 45.5% of stocks beat Nifty 50 in the last year.
Within the group, Ship Building & Allied Services shows the strongest breadth at 50% above 200 EMA, while Railway Wagons is lagging at 0%. This significant divergence suggests rotation within the group, with investors favouring Ship Building & Allied Services over Railway Wagons.
Last updated: 14 Oct 2026 · Based on end‑of‑day data
Top stocks by RS Rating
46 of 212 stocks (22%) are in the market's strongest 20% — showing top 4 stocks by RS Rating
All stocks in Industrial Manufacturing
212 stocks across 3 industries
Stocks
2
P/E
84.5x
ROCE
9.6%
Above 200 EMA
0%
RS Stars
0 of 2
| Company | RS Rating | Market Cap (Cr) | P/E | ROCE % | PAT Margin % | 1Y Return | 200 EMA |
|---|---|---|---|---|---|---|---|
Titagarh Rail Systems Ltd. | 45 | 10,249.4 | 53.5 | 9.6 | 0.2 | -17.9% | ↓ No |
Cimmco Ltd | — | 60.031 | — | — | — | — | ↑ Yes |
Showing 2 of 2 stocksView all →
Stocks
7
P/E
103.5x
ROCE
13.0%
Above 200 EMA
50%
RS Stars
1 of 7
| Company | RS Rating | Market Cap (Cr) | P/E | ROCE % | PAT Margin % | 1Y Return | 200 EMA |
|---|---|---|---|---|---|---|---|
Mazagon Dock Shipbuilders Ltd. | 30 | 85,690 | 30.0 | 23.6 | 21.4 | -26.2% | ↓ No |
Cochin Shipyard Ltd. | 26 | 32,964.102 | 48.5 | 10.0 | 13.5 | -31.9% | ↓ No |
Swan Defence and Heavy Industries Ltd. | 98 | 15,484.3 | — | -13.2 | -75.8 | +373.1% | ↑ Yes |
Laxmipati Engineering Works Ltd. | — | 247.911 | 9.2 | 21.1 | 37.6 | — | ↑ Yes |
Hariyana Ship Breakers Ltd. | 42 | 58.586 | 14.2 | -0.0 | 117.9 | -16.6% | ↓ No |
Bharati Defence & Infrastructure Ltd. | — | 9.808 | — | — | -869.8 | — | ↓ No |
ABG Shipyard Ltd | — | — | — | — | — | — | ↓ No |
Showing 7 of 7 stocksView all →
Stocks
203
P/E
33.1x
ROCE
10.7%
Above 200 EMA
49%
RS Stars
45 of 203
| Company | RS Rating | Market Cap (Cr) | P/E | ROCE % | PAT Margin % | 1Y Return | 200 EMA |
|---|---|---|---|---|---|---|---|
INDO-MIM Ltd. | — | 60,381.102 | 113.2 | 22.8 | 12.7 | — | — |
Aditya Infotech Ltd. | 98 | 52,528.801 | 110.1 | 28.1 | 9.8 | +212.1% | ↑ Yes |
Syrma SGS Technology Ltd. | 94 | 32,604.6 | 88.6 | 15.4 | 6.7 | +98.6% | ↑ Yes |
Honeywell Automation India Ltd. | 49 | 29,072.5 | 52.8 | 12.7 | 11.7 | -8.1% | ↓ No |
Jyoti CNC Automation Ltd. | 82 | 23,067.5 | 71.7 | 18.9 | 14.7 | +8.6% | ↑ Yes |
Kaynes Technology India Ltd. | 24 | 22,015.199 | 60.5 | 9.9 | 10.0 | -56.9% | ↓ No |
LMW Ltd. | 68 | 17,360.9 | 99.3 | 1.8 | 5.2 | +11.8% | ↑ Yes |
Tega Industries Ltd. | 75 | 14,788.9 | 699.9 | 4.9 | 0.7 | +1.3% | ↑ Yes |
Lloyds Engineering Works Ltd. | 90 | 14,560.6 | 65.1 | 13.2 | 13.9 | +54.2% | ↑ Yes |
Elecon Engineering Company Ltd. | 62 | 10,922.7 | 46.3 | 17.7 | 9.9 | -21.5% | ↑ Yes |
Kennametal India Ltd. | 96 | 9,852.3 | 50.3 | 31.9 | 13.0 | +112.7% | ↑ Yes |
Showing 11 of 203 stocksView all →
Showing 3 of 3 industriesExplore complete stock list with fundamentals & technical data
Explore Industrial Manufacturing →Market breadth breakdown
Percentage of stocks in this group meeting each technical condition — updated daily
Above 200 EMA
48%
Above 200 SMA
55%
Above 50 EMA
52%
Above 50 SMA
52%
Outperf Nifty 50 (1Y)
45%
Outperf Nifty 50 (6M)
69%
Outperf Nifty 50 (3M)
61%
RSI above 70
3%
RSI below 30
1%
Near 52W High
24%