Oil & Gas sector stocks in India
The oil & gas sector at a glance: how its index is performing, how many of its 33 tracked stocks are in uptrends, how it is valued, and which companies lead and lag.
Data as of 21 Sep 2026 close
Index trend: Weak Downtrend
The Nifty Oil & Gas index has returned -1.5% over one month, -1.5% over three months and -0.8% over a year, and is currently in a weak downtrend.
Of the 33 oil & gas stocks we track, 61% trade above their 200-day moving average and 52% above their 50-day average; 0 made a new 52-week high in the latest session.
The median P/E of profitable oil & gas companies with market cap above ₹500 Cr is 12.0, with a median ROE of 14.0%.
Nifty Oil & Gas index performance
Index close
11,006.25
+0.53% today
Return 1 month
-1.54%
Return 3 months
-1.46%
Return 6 months
-0.92%
Return 1 year
-0.77%
Breadth: how many oil & gas stocks are trending up
Stocks tracked
33
Above 20-DMA
54.5%
Above 50-DMA
51.5%
Above 200-DMA
61.3%
Average RSI
50.3
Median 3M return
+7.0%
52-week highs / lows
0 / 0
Breakouts / breakdowns
0 / 1
Technical breakdown of the oil & gas sector →
Best 1-month performers
| Stock | 1M | Score |
|---|---|---|
| ANTELOPUSAntelopus Selan Energy Limited | +38.2% | 75 |
| SPLPETROSupreme Petrochem Limited | +23.5% | 87 |
| TNPETROTamilnadu PetroProducts Limited | +13.5% | 69 |
| HINDOILEXPHindustan Oil Exploration Company Limited | +11.6% | 61 |
| MANALIPETCManali Petrochemicals Limited | +11.6% | 74 |
| DEEPINDSDeep Industries Limited | +10.3% | 61 |
| GOACARBONGoa Carbon Limited | +10.1% | 53 |
| DOLPHINDolphin Offshore Enterprises (India) Limited | +10.0% | 78 |
Weakest 1-month performers
| Stock | 1M | Score |
|---|---|---|
| AGARINDAgarwal Industrial Corporation Limited | -16.9% | 15 |
| GUJENERGYGUJARAT ENERGY LIMITED | -10.7% | 9 |
| JINDRILLJindal Drilling And Industries Limited | -8.3% | 22 |
| VOGLVedanta Oil and Gas Limited | -7.7% | 18 |
| GNRLGuj.Nat.Resour. | -6.6% | 42 |
| RELIANCEReliance Industries Limited | -5.0% | 17 |
| MRPLMangalore Refinery and Petrochemicals Limited | -4.0% | 40 |
| PANAMAPETPanama Petrochem Limited | -2.3% | 45 |
Largest oil & gas companies by market cap
Across 30 oil & gas companies above ₹500 Cr: median P/E 12.0, median ROE 14.0%, median 3-year sales growth -0%.
| # | Company | Market cap | P/E | ROE | Debt/Eq | Sales CAGR 3Y | Return 6M |
|---|---|---|---|---|---|---|---|
| 1 | Reliance Industries LimitedRELIANCE · Refineries | ₹1,688,041 Cr | 19.13 | 9.8% | 0.45 | +6.0% | -11.7% |
| 2 | Oil & Natural Gas Corporation LimitedONGC · Oil Drilling / Allied Services | ₹296,429 Cr | 6.62 | 12.0% | 0.47 | +2.0% | -12.8% |
| 3 | Indian Oil Corporation LimitedIOC · Refineries | ₹192,797 Cr | 5.40 | 16.3% | 0.60 | -2.0% | -2.8% |
| 4 | Bharat Petroleum Corporation LimitedBPCL · Refineries | ₹133,625 Cr | 7.80 | 17.1% | 0.54 | -1.0% | +9.9% |
| 5 | Oil India LimitedOIL · Oil Drilling / Allied Services | ₹77,809 Cr | 10.30 | 13.0% | 0.65 | -2.0% | +1.5% |
| 6 | Hindustan Petroleum Corporation LimitedHINDPETRO · Refineries | ₹76,091 Cr | 45.55 | 2.5% | 0.85 | +0.0% | +4.0% |
| 7 | Mangalore Refinery and Petrochemicals LimitedMRPL · Refineries | ₹29,274 Cr | 9.32 | 22.1% | 1.08 | -7.0% | -10.3% |
| 8 | GUJARAT ENERGY LIMITEDGUJENERGY · LPG/CNG/PNG/LNG Supplier | ₹22,379 Cr | — | — | — | — | -28.0% |
| 9 | Chennai Petroleum Corporation LimitedCHENNPETRO · Refineries | ₹20,483 Cr | 4.91 | 37.6% | 0.18 | -6.0% | +37.1% |
| 10 | Supreme Petrochem LimitedSPLPETRO · Petrochemicals | ₹16,277 Cr | 33.49 | 20.4% | 0.06 | — | +28.9% |
| 11 | Vedanta Oil and Gas LimitedVOGL · Oil Exploration & Production | ₹13,223 Cr | — | — | — | — | -6.2% |
| 12 | Savita Oil Technologies LimitedSOTL · Petrochemicals | ₹4,969 Cr | 12.00 | — | — | — | +123.5% |
| 13 | Energy Infrastructure Trust542543 · Gas Transmission/Marketing | ₹4,861 Cr | 40.85 | 24.0% | 13.34 | +12.0% | -9.7% |
| 14 | Deep Industries LimitedDEEPINDS · Oil Drilling / Allied Services | ₹4,648 Cr | 20.70 | 11.2% | 0.10 | +38.0% | +70.2% |
| 15 | Antelopus Selan Energy LimitedANTELOPUS · Oil Exploration & Production | ₹3,871 Cr | 168.07 | — | — | — | +112.4% |
| 16 | Styrenix Performance Materials LimitedSTYRENIX · Petrochemicals | ₹3,688 Cr | 12.04 | 22.4% | 0.24 | — | +8.9% |
| 17 | Prabha Energy LimitedPRABHA · Oil Exploration & Production | ₹3,294 Cr | — | — | — | — | +55.2% |
| 18 | Bhansali Engineering Polymers LimitedBEPL · Petrochemicals | ₹3,188 Cr | 17.69 | 16.6% | 0.00 | -2.0% | +50.0% |
| 19 | Panama Petrochem LimitedPANAMAPET · Petrochemicals | ₹2,874 Cr | 6.00 | 32.6% | 0.08 | +11.0% | +82.7% |
| 20 | Dolphin Offshore Enterprises (India) LimitedDOLPHIN · Oil Drilling / Allied Services | ₹2,736 Cr | 38.17 | 20.3% | 0.58 | — | +69.4% |
Compare oil & gas leaders
Reliance Industries vs Indian OilReliance Industries vs Bharat PetroleumOil & Natural vs Oil IndiaIndian Oil vs Bharat Petroleum
Industries in this sector
Petrochemicals (15)Oil Drilling / Allied Services (9)Refineries (7)Refineries & Marketing (5)Oil Exploration & Production (4)Gas Transmission/Marketing (1)LPG/CNG/PNG/LNG Supplier (1)
