Explore the top oil and gas stocks in India, shaping the nation’s energy landscape and offering diverse investment opportunities.
India is the 3rd-largest consumer of oil globally, with continuous demand driving the sector’s growth. With policies allowing foreign investment and a large refining capacity, this industry is vital for the economy.
Reliance is a leader in India’s oil and gas sector, known for its integrated operations in refining, petrochemicals, and retail. Based in Mumbai, it operates one of the largest refineries in the world. Data as of 23rd December 2024. Source – NSE
Market Cap: ₹302,996 Crore ONGC, headquartered in New Delhi, is India’s largest oil and gas exploration company, contributing significantly to domestic production. It has a vast presence across onshore and offshore fields. Data as of 23rd December 2024. Source – NSE
Market Cap: ₹194,562 Crore IOC, headquartered in New Delhi, is a key player in refining, pipelines, and marketing of petroleum products. It operates a vast network of retail outlets across the country. Data as of 23rd December 2024. Source – NSE
Market Cap: ₹125,426 Crore BPCL, based in Mumbai, is engaged in refining, marketing, and distribution of petroleum products. It plays a pivotal role in India's energy security with its nationwide presence. Data as of 23rd December 2024. Source – NSE
Market Cap: ₹85,879 Crore HPCL operates in refining, pipeline transportation, and marketing of petroleum products. Headquartered in Mumbai, it has an extensive retail network. Data as of 23rd December 2024. Source – NSE
Market Cap: ₹68,423 Crore Oil India, headquartered in Noida, focuses on crude oil and natural gas exploration and production. It is a key player in India's upstream energy sector. Data as of 23rd December 2024. Source – NSE
Market Cap: ₹51,000 Crore Petronet LNG is India's largest importer of liquefied natural gas, supporting the energy needs of industries and households. It operates key terminals in Gujarat and Kerala. Data as of 23rd December 2024. Source – NSE
Market Cap: ₹24,954 Crore MRPL, based in Karnataka, specializes in refining and petrochemicals, producing a diverse range of petroleum products for domestic and export markets. Data as of 23rd December 2024. Source – NSE
Market Cap: ₹8,956 Crore CPCL, headquartered in Chennai, is a subsidiary of IOC, engaged in refining and marketing of petroleum products, catering to South India's energy needs. Data as of 23rd December 2024. Source – NSE
India’s oil and gas industry continues to play a vital role in meeting the nation’s energy demands and driving economic activities. Companies like Reliance, ONGC, and IOC are key contributors to this sector.