Last Updated on Jun 3, 2025 by Aishika Banerjee
In the world of stock analysis, the term ‘RSI’ has gained significant popularity. It may make you wonder, ‘What is RSI in the stock market?’. The relative strength indicator (RSI) is a popular technical indicator that measures the momentum and speed of stock price movements. When the RSI of any stock drops below 30, it suggests that the stock may be oversold and due for a rebound. Low RSI stocks may present an opportunity for investors and traders to buy the security at a discounted price. In this article, let’s look at stocks with RSI below 30, focusing on the lowest RSI stocks in various segments, including RSI below 30 Nifty 50 stocks and RSI below 30 Nifty 500 stocks.
Table of Contents
List of Stocks with RSI Below 30
Name | Sub-Sector | Market Cap (in Cr.) | Close Price (Rs.) | PE Ratio | RSI – 14D |
Capri Global Capital Ltd | Consumer Finance | 12,542.59 | 152.01 | 26.21 | 11.12 |
Chambal Fertilisers and Chemicals Ltd | Fertilizers & Agro Chemicals | 22,254.23 | 555.45 | 13.49 | 13.64 |
Balkrishna Industries Ltd | Tires & Rubber | 47,364.64 | 2,450.10 | 28.62 | 21.59 |
Dixon Technologies (India) Ltd | Home Electronics & Appliances | 88,323.13 | 14,612.00 | 80.62 | 21.60 |
Kaynes Technology India Ltd | Electrical Components & Equipments | 37,303.47 | 5,821.00 | 127.12 | 21.90 |
Doms Industries Ltd | Stationery | 14,810.81 | 2,440.50 | 73.20 | 25.18 |
Inventurus Knowledge Solutions Ltd | Health Care Equipment & Supplies | 25,404.35 | 1,519.90 | 52.27 | 26.23 |
CE Info Systems Ltd | Software Services | 10,536.27 | 1,936.10 | 71.58 | 26.25 |
Havells India Ltd | Electrical Components & Equipments | 94,969.13 | 1,514.80 | 64.51 | 26.27 |
Just Dial Ltd | Online Services | 7,506.04 | 882.60 | 12.85 | 26.51 |
Note: The stocks with RSI less than 30 are sorted using the below-mentioned parameters on Tickertape Stock Screener on 2nd June 2025.
- RSI – 14D: Set the higher limit to 30 – Sort from lowest to highest
Note that these stocks are in no order of preference. Please note that these stock selection criteria and the stocks are provided for informational purposes only; it is essential to conduct your own research.
🚀 Pro Tip: Utilise Tickertape’s Market Mood Index to gauge market sentiment and make informed investment decisions based on real-time market data and trends.
Overview of the Stocks with RSI Below 30
Here are brief overviews of the stocks below RSI 30 listed above:
Capri Global Capital Ltd
Capri Global Capital Ltd is a diversified non-banking financial company (NBFC) in India. It offers a range of lending solutions, including MSME loans, gold loans, and affordable housing finance. Capri’s focus on underserved sectors drives financial inclusion, enabling growth for small businesses and home buyers across the country.
Chambal Fertilisers and Chemicals Ltd
Chambal Fertilisers and Chemicals Ltd is a key player in India’s agricultural sector, producing urea and other fertilisers. Part of the KK Birla Group, the company’s focus on high-quality products and farmer-centric initiatives supports agricultural productivity and sustainability, with a wide distribution network across India.
Balkrishna Industries Ltd
Balkrishna Industries Ltd (BKT) is a leading manufacturer of off-highway tyres, serving agricultural, construction, and industrial sectors globally. With state-of-the-art manufacturing facilities and a focus on innovation and sustainability, BKT has established itself as a trusted brand delivering high-performance tyres for specialised applications worldwide.
Dixon Technologies (India) Ltd
Dixon Technologies (India) Ltd is a prominent electronic manufacturing services (EMS) company. It serves diverse sectors including consumer electronics, lighting, and home appliances. Dixon’s strong partnerships with global brands, extensive manufacturing capabilities, and focus on quality and innovation make it a key player in India’s electronics ecosystem.
Kaynes Technology India Ltd
Kaynes Technology India Ltd is an integrated electronics manufacturer providing end-to-end design and manufacturing solutions. It caters to diverse industries including automotive, aerospace, and healthcare. With a focus on high-quality production and innovative solutions, Kaynes supports India’s growth in advanced electronic systems and global supply chains.
Doms Industries Ltd
Doms Industries Ltd is a leading manufacturer of stationery and art materials in India. Known for its pencils, erasers, and drawing tools, the company blends craftsmanship with innovation. With a growing domestic and global presence, Doms champions creativity and quality in its product offerings for students and professionals alike.
Inventurus Knowledge Solutions Ltd
Inventurus Knowledge Solutions Ltd is a leading provider of revenue cycle management (RCM) and business process outsourcing (BPO) solutions, primarily for healthcare clients in the U.S. The company leverages technology and domain expertise to streamline financial processes, improve cash flows, and enhance operational efficiency for healthcare providers.
CE Info Systems Ltd
CE Info Systems Ltd, operating as MapmyIndia, is a leading provider of digital mapping and geospatial solutions in India. It offers location-based intelligence for navigation, fleet management, and analytics. The company’s cutting-edge technology and comprehensive mapping data empower businesses and governments to optimise operations and improve decision-making.
Havells India Ltd
Havells India Ltd is a leading electrical equipment manufacturer, offering products across switchgear, lighting, appliances, and cables. Known for quality and innovation, Havells supports India’s infrastructure and residential markets. Its strong brand presence, extensive distribution network, and customer-focused approach make it a preferred choice for electrical solutions.
Just Dial Ltd
Just Dial Ltd is India’s leading local search engine, connecting users with businesses across sectors. Through its platform and mobile apps, Just Dial offers information, reviews, and ratings for services and products. Its comprehensive database and user-friendly interface make it a go-to resource for both consumers and businesses.
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Features of Stocks with RSI Below 30
Here are a few key features of stocks with an RSI below 30:
- Oversold Conditions: RSI under 30 stocks and oversold stocks India indicates that a stock has experienced significant selling pressure, making it likely oversold. This means that the price has dropped considerably, potentially more than justified by the stock’s fundamentals.
- Potential for Price Reversal: When RSI levels fall this low, it can indicate a slowing of selling momentum, hinting at a possible reversal or bounce-back in the stock’s price as buyers might start to enter the market.
- Increased Volatility: Shares with RSI below 30 often exhibit higher volatility. This reflects the rapid shifts in investor sentiment, where sudden price changes are more common.
- Mean Reversion: Many stocks below 30 RSI and stocks with low RSI and high dividend yield may be considered for mean reversion strategies, where it is expected that the price will eventually move back towards its historical average, given that the current price may be an anomaly.
Benefits of Investing in Stocks with RSI Below 30
Investing in RSI under 30 stocks offers several advantages. Here are some key benefits of adding stocks with low RSI to your portfolio:
- Potential for Price Recovery: Stocks in the Nifty 50 RSI below 30 or Nifty 50 stocks RSI below 30 categories are often oversold, indicating the potential for price recovery. When market conditions improve, these stocks with low RSI and stocks with RSI below 30 and strong fundamentals can experience sharp price increases, offering profit opportunities for investors.
- Opportunity for Lower Purchase Prices: Buying oversold stocks in the NSE with low RSI levels allows investors to purchase at more attractive prices. As the stock recovers, this strategy can lead to increased profit margins, especially in RSI under 30 stocks.
- Indicator of Market Sentiment: An RSI below 30 may suggest that a stock is undervalued due to temporary market pessimism. As sentiment shifts, it can create a buying opportunity.
- Balancing Risk and Reward: Targeting oversold stocks with potential rebound can optimise the risk-reward ratio, with limited downside and greater upside potential.
- Clear Entry Points: This strategy offers clear, technical entry points, reducing the guesswork in market timing and simplifying investment decisions. For example, identifying stocks with RSI below 40 or focusing on Nifty 50 RSI below 30 stocks can streamline the investment process.
- Enhanced Portfolio Diversification: Adding low RSI stocks to a portfolio can help spread risk across different assets. It can reduce overall portfolio volatility.
Who Should Invest in Stocks with RSI Below 30?
Here are a few types of investors who may findhigh market cap stocks with low RSI below 30 appealing:
- Value Investors: Value investors search for undervalued stocks that have the potential to rebound. Oversold stocks in the NSE or stocks with RSI below 40 can be particularly appealing as these often represent market overreactions. Value investors aim to capitalise on the stock’s recovery.
- Technical Traders: Technical traders use analysis to guide their decisions and often find stocks with an RSI below 30 enticing. This indicator signals potential buying opportunities, fitting strategies that capitalise on momentum shifts. A low RSI suggests the possibility of an upward movement, aligning with their goal of profiting from price changes.
- Risk-Tolerant Investors: Investors with a higher tolerance for risk, focusing on short to medium-term gains, might be drawn to stocks with RSI below 30 in Nifty 500 These investors are comfortable with volatility and rapid price changes, seeking higher returns. The potential for significant price rebounds in oversold stocks can offer substantial rewards for those willing to take on the risk.
Risks of Investing in Stocks with RSI Below 30
Here are some potential risks of investing in stocks with an RSI below 30:
- Misleading Signals: An RSI below 30 can suggest a buying opportunity, but it may also reflect underlying weakness in the stock. This could result in investing in a stock that continues to decline.
- Delayed Recovery: Although RSI under 30 stocks with RSI 14 below 30 sometimes indicates a potential rebound, broader market conditions or company-specific issues can delay recovery. This can lead to extended periods of poor performance.
- High Volatility: Stocks with an RSI below 30 can often experience high volatility, causing significant short-term price swings. This may be unsuitable for investors with low risk tolerance or a short investment horizon.
Factors to Consider When Investing in Stocks With RSI Below 30
Here are some key factors to understand when evaluating RSI indicator stocks with an RSI below 30:
- Market Conditions: A low RSI can sometimes indicate not just a specific stock’s situation, but also a broader market downturn. Observing overall market trends can provide context for why a stock’s RSI might be low.
- Stock Fundamentals: Examining the fundamentals of companies in the RSI below 30 stock list can reveal whether the low RSI is due to temporary factors or underlying business challenges. Understanding these fundamentals can help in assessing the stock’s long-term potential.
- Historical Performance: Analysing past RSI trends and the stock’s historical performance can offer insights into how the stock has behaved in similar situations. This analysis can be useful in anticipating possible future movements.
- Volatility: Stocks with an RSI below 30 often exhibit higher volatility, which means they can be more unpredictable. Recognising this characteristic can be helpful in managing expectations and considering appropriate risk management strategies.
- Investment Horizon: Low RSI levels might not result in immediate price rebounds. Understanding this can be important for those with a longer-term investment horizon, as patience may be required.
- Diversification: Considering how an investment in a stock with a low RSI fits into an overall investment strategy is essential. It’s also important to consider how this investment contributes to portfolio diversification, which can help mitigate concentrated risks.
To Conclude
RSI below 30 can indicate early warning signals, oversold conditions, confirmation of other technical indicators, mean reversion strategies, risk management, and more. However, it is crucial to consider other technical parameters before making any trading or investment decision. Remember, RSI is generally used with other technical and fundamental parameters to confirm the oversold signals and make an informed decision. A thorough analysis can be your non-negotiable step before investing in companies on the RSI below 30 stock list. For this purpose, Tickertape offers various solutions, including a stock screener with over 200 filters, an option to create your custom filter, pre-built screens, and export data for further analysis. Read this blog to learn more about how to use Tickertape Stock Screener effectively.
Frequently Asked Questions (FAQs) About Stocks with RSI Below 30
1. Which stocks have RSI below 30?
Here is a list of technical analysis stocks with RSI-14D below 30. The RSI-14D was sorted from lowest to highest:
Capri Global Capital Ltd
Chambal Fertilisers and Chemicals Ltd
Balkrishna Industries Ltd
Dixon Technologies (India) Ltd
Kaynes Technology India Ltd
Note: The data on this RSI below 30 stock list was taken on 2nd June 2025.
2. What is RSI?
The Relative Strength Index (RSI) is a technical tool used to assess the momentum of an asset’s price, commonly applied to stocks, indices, and ETFs. As a momentum oscillator, RSI tracks the speed and extent of price movements, fluctuating between zero and 100.
3. Which RSI value is best?
The Relative Strength Index (RSI) ranges from 0 to 100. Readings above 70 typically suggest that a stock may be overbought, while readings below 30 often indicate it may be oversold. However, it is important to note that as the RSI gauges recent price changes, it can sometimes produce false signals, especially after abrupt price shifts.
4. Which RSI value indicates a bullish market?
When the RSI crosses 30, it often signals a potential bullish trend. Conversely, when it crosses 70, it may indicate a bearish trend. In simpler terms, an RSI reading of 70 or above suggests that the security could be overbought or overpriced.
5. What is the difference between RSI and MACD?
RSI and MACD are essential tools for technical traders. RSI helps identify when the market is overbought or oversold, particularly in range-bound conditions. In contrast, MACD is more effective in trending markets, as it highlights shifts in momentum and trends.
6. Are there any penny stocks with RSI below 30?
Here is a list of penny stocks with RSI below 30:
Davangere Sugar Company Ltd
OK Play India Ltd
Navkar Urbanstructure Ltd
Sunshine Capital Ltd
StarlinePS Enterprises Ltd
Note: The data on this list was taken on 2nd June 2025.
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