Based on current RS Ratings, the strongest Industrial Manufacturing stocks in India are Lippi Systems Ltd. (RS 100), Prizor Viztech Ltd. (RS 99), Rapicut Carbides 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, 33 of 203 stocks (16%) in this group have an RS Rating above 80, placing them in the market's strongest 20%.
Industrial Manufacturing Stocks in India
203 stocks · 3 industriesNSE Industry GroupPart of Capital Goods sectorUpdated 9 Aug 2026
Market Statistics
Breadth — stocks above 200 EMA
54%
Moderate — 54% above 200 EMA
RS Rating — in market's strongest 20%
33 of 203
16% of stocks are top performers
Average P/E
32.1x
Industry group average
Stocks outperforming Nifty 50 (1Y)
25.4%
Weak — 25.4% beat Nifty
Current outlook
Auto‑updated dailyThe Industrial Manufacturing industry group shows moderate breadth - 54% of 203 stocks above 200 EMA. On the relative strength front, 33 of 203 stocks (16%) carry an RS Rating in the market's strongest 20%, suggesting some pockets of strength but limited overall leadership.
From a valuation perspective, premium valuation - the group trades at a average P/E of 32.1x, which is 16% above the sector average of 27.7x, suggesting investors are pricing in above‑average growth expectations. Meanwhile, weak relative performance — only 25.4% of stocks beat Nifty 50 in the last year.
Within the group, Railway Wagons shows the strongest breadth at 100% above 200 EMA, while Industrial Products is lagging at 53%. This significant divergence suggests rotation within the group, with investors favouring Railway Wagons over Industrial Products.
Last updated: 9 Aug 2026 · Based on end‑of‑day data
Top stocks by RS Rating
33 of 203 stocks (16%) are in the market's strongest 20% — showing top 4 stocks by RS Rating
All stocks in Industrial Manufacturing
203 stocks across 3 industries
Stocks
2
P/E
94.0x
ROCE
9.6%
Above 200 EMA
100%
RS Stars
0 of 2
| Company | RS Rating | Market Cap (Cr) | P/E | ROCE % | PAT Margin % | 1Y Return | 200 EMA |
|---|---|---|---|---|---|---|---|
Titagarh Rail Systems Ltd. | 61 | 11,412.9 | 92.8 | 9.6 | 3.9 | -2.6% | ↑ Yes |
Cimmco Ltd | — | 60.031 | — | — | — | — | ↑ Yes |
Showing 2 of 2 stocksView all →
Stocks
7
P/E
132.5x
ROCE
13.0%
Above 200 EMA
75%
RS Stars
0 of 7
| Company | RS Rating | Market Cap (Cr) | P/E | ROCE % | PAT Margin % | 1Y Return | 200 EMA |
|---|---|---|---|---|---|---|---|
Mazagon Dock Shipbuilders Ltd. | 51 | 1,01,446 | 35.5 | 23.6 | 21.4 | -8.9% | ↑ Yes |
Cochin Shipyard Ltd. | 37 | 39,980.398 | 55.8 | 10.0 | 14.3 | -14.9% | ↓ No |
Swan Defence and Heavy Industries Ltd. | — | 14,197.3 | — | -13.2 | -80.1 | — | ↑ Yes |
Laxmipati Engineering Works Ltd. | — | 259.559 | 9.6 | 21.1 | 37.6 | — | ↑ Yes |
Hariyana Ship Breakers Ltd. | 51 | 63.52 | 163.4 | -0.0 | 11.1 | -8.9% | ↓ No |
Bharati Defence & Infrastructure Ltd. | — | 9.808 | — | — | -1081.7 | — | ↓ No |
ABG Shipyard Ltd | — | — | — | — | — | — | ↓ No |
Showing 7 of 7 stocksView all →
Stocks
194
P/E
31.2x
ROCE
10.7%
Above 200 EMA
53%
RS Stars
33 of 194
| Company | RS Rating | Market Cap (Cr) | P/E | ROCE % | PAT Margin % | 1Y Return | 200 EMA |
|---|---|---|---|---|---|---|---|
Aditya Infotech Ltd. | — | 43,707 | 118.8 | 28.1 | 8.7 | — | ↑ Yes |
INDO-MIM Ltd. | — | 42,888.801 | 80.4 | 22.8 | 12.7 | — | — |
Honeywell Automation India Ltd. | 76 | 33,449.301 | 60.7 | 12.7 | 11.7 | -2.1% | ↑ Yes |
Syrma SGS Technology Ltd. | 95 | 27,450.5 | 74.6 | 15.4 | 6.7 | +86.7% | ↑ Yes |
Kaynes Technology India Ltd. | 26 | 25,850.699 | 71.0 | 9.9 | 10.0 | -31.6% | ↓ No |
LMW Ltd. | 74 | 17,840.6 | 102.1 | 1.8 | 5.2 | +10.3% | ↑ Yes |
Jyoti CNC Automation Ltd. | 43 | 17,836.801 | 53.1 | 18.9 | 16.1 | -25.0% | ↓ No |
Lloyds Engineering Works Ltd. | 96 | 14,326.3 | 75.4 | 13.2 | 14.6 | +37.3% | ↑ Yes |
Tega Industries Ltd. | 44 | 12,213.6 | 85.6 | 4.9 | 8.4 | -14.5% | ↓ No |
Elecon Engineering Company Ltd. | 29 | 9,820.87 | 41.6 | 17.7 | 9.9 | -24.4% | ↓ No |
Dynamatic Technologies Ltd. | 83 | 7,742.42 | 238.9 | 7.8 | 2.0 | +70.3% | ↑ Yes |
Showing 11 of 194 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
54%
Above 200 SMA
54%
Above 50 EMA
60%
Above 50 SMA
57%
Outperf Nifty 50 (1Y)
25%
Outperf Nifty 50 (6M)
75%
Outperf Nifty 50 (3M)
50%
RSI above 70
10%
RSI below 30
2%
Near 52W High
27%