Based on current RS Ratings, the strongest Oil stocks in India are Duke Offshore Ltd. (RS 100), Deep Industries Ltd. (RS 94), Antelopus Selan Energy Ltd. (RS 94). These stocks have the highest relative strength compared to all other stocks in the market. RS Rating is updated daily on sharpely. Currently, 7 of 24 stocks (29%) in this group have an RS Rating above 80, placing them in the market's strongest 20%.
Oil Stocks in India
24 stocks · 4 industriesNSE Industry GroupPart of Oil, Gas & Consumable Fuels sectorUpdated 14 Oct 2026
Market Statistics
Breadth — stocks above 200 EMA
58%
Moderate — 58% above 200 EMA
RS Rating — in market's strongest 20%
7 of 24
29% of stocks are top performers
Average P/E
26.7x
Industry group average
Stocks outperforming Nifty 50 (1Y)
78.9%
Strong — 78.9% beat Nifty
Current outlook
Auto‑updated dailyThe Oil industry group shows moderate breadth - 58% of 24 stocks above 200 EMA. On the relative strength front, 7 of 24 stocks (29%) carry an RS Rating in the market's strongest 20%, indicating strong relative performance and quality.
From a valuation perspective, premium valuation - the group trades at a average P/E of 26.7x, which is 87% above the sector average of 14.3x, suggesting investors are pricing in above‑average growth expectations. Meanwhile, strong relative performance — 78.9% of stocks beat Nifty 50 in the last year.
Within the group, Offshore Support Solution Drilling shows the strongest breadth at 75% above 200 EMA, while Oil Equipment & Services is lagging at 50%. The difference suggests more uniform participation across sub‑industries.
Last updated: 14 Oct 2026 · Based on end‑of‑day data
Top stocks by RS Rating
7 of 24 stocks (29%) are in the market's strongest 20% — showing top 4 stocks by RS Rating
All stocks in Oil
24 stocks across 4 industries
Stocks
8
P/E
22.8x
ROCE
11.0%
Above 200 EMA
57%
RS Stars
2 of 8
| Company | RS Rating | Market Cap (Cr) | P/E | ROCE % | PAT Margin % | 1Y Return | 200 EMA |
|---|---|---|---|---|---|---|---|
Oil & Natural Gas Corporation Ltd. | 35 | 2,83,685 | 6.5 | 11.5 | 6.2 | -8.1% | ↓ No |
Oil India Ltd. | 57 | 72,831.398 | 11.0 | 8.3 | 19.5 | +6.0% | ↓ No |
Vedanta Oil and Gas Ltd. | — | 12,778.3 | — | — | — | — | — |
Antelopus Selan Energy Ltd. | 94 | 3,914.85 | 29.5 | 19.6 | 36.9 | +104.3% | ↑ Yes |
Prabha Energy Ltd | 85 | 2,943.48 | 2683.4 | -0.2 | 16.5 | +0.5% | ↑ Yes |
Hindustan Oil Exploration Company Ltd. | 71 | 2,317.03 | 92.3 | 2.3 | 5.1 | +3.8% | ↑ Yes |
Gujarat Natural Resources Ltd. | 59 | 1,458.86 | 147.5 | 2.4 | 32.4 | +18.7% | ↑ Yes |
Showing 7 of 8 stocksView all →
Stocks
7
P/E
21.9x
ROCE
10.9%
Above 200 EMA
75%
RS Stars
2 of 7
| Company | RS Rating | Market Cap (Cr) | P/E | ROCE % | PAT Margin % | 1Y Return | 200 EMA |
|---|---|---|---|---|---|---|---|
Deep Industries Ltd. | 94 | 4,988.8 | 24.2 | 13.3 | 21.3 | +58.0% | ↑ Yes |
Dolphin Offshore Enterprises (India) Ltd. | 92 | 2,524.32 | 35.1 | 11.4 | 50.4 | +62.1% | ↑ Yes |
Jindal Drilling & Industries Ltd. | 65 | 1,686.69 | 8.8 | 10.8 | 18.8 | -0.4% | ↓ No |
Alphageo (India) Ltd. | 76 | 162.307 | — | -9.4 | -0.3 | +1.3% | ↑ Yes |
Aban Offshore Ltd. | 25 | 97.178 | — | — | — | -60.1% | ↓ No |
Showing 5 of 7 stocksView all →
Stocks
3
P/E
17.8x
ROCE
7.2%
Above 200 EMA
50%
RS Stars
0 of 3
| Company | RS Rating | Market Cap (Cr) | P/E | ROCE % | PAT Margin % | 1Y Return | 200 EMA |
|---|---|---|---|---|---|---|---|
Aegis Vopak Terminals Ltd. | 77 | 31,289.699 | 95.2 | 6.8 | 33.1 | +3.5% | ↑ Yes |
Ganesh Benzoplast Ltd. | 67 | 698.293 | 9.6 | 10.7 | 16.8 | +9.4% | ↓ No |
Repono Ltd. | 60 | 76.579 | 11.6 | 24.2 | 10.1 | -13.9% | ↓ No |
Showing 3 of 3 stocksView all →
Stocks
6
P/E
55.0x
ROCE
5.9%
Above 200 EMA
50%
RS Stars
3 of 6
| Company | RS Rating | Market Cap (Cr) | P/E | ROCE % | PAT Margin % | 1Y Return | 200 EMA |
|---|---|---|---|---|---|---|---|
Asian Energy Services Ltd. | 91 | 2,360.79 | 41.0 | 14.2 | 6.1 | +49.2% | ↑ Yes |
Oil Country Tubular Ltd. | 91 | 456.166 | — | -23.1 | -107.7 | +8.5% | ↑ Yes |
RBM Infracon Ltd. | 8 | 252.268 | 5.6 | 28.0 | 9.2 | -44.1% | ↓ No |
DHP India Ltd. | 43 | 147.015 | 13.1 | 5.0 | 15.0 | -21.4% | ↓ No |
Teja Engineering Industries Ltd. | — | 133.538 | — | — | — | — | — |
Showing 5 of 6 stocksView all →
Showing 4 of 4 industriesExplore complete stock list with fundamentals & technical data
Explore Oil →Market breadth breakdown
Percentage of stocks in this group meeting each technical condition — updated daily
Above 200 EMA
58%
Above 200 SMA
63%
Above 50 EMA
42%
Above 50 SMA
37%
Outperf Nifty 50 (1Y)
79%
Outperf Nifty 50 (6M)
74%
Outperf Nifty 50 (3M)
74%
RSI above 70
11%
RSI below 30
0%
Near 52W High
16%