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List of Energy Stocks in India

India’s energy sector is growing quickly, with 50% of its electricity capacity now coming from non-fossil sources as of 2025. This exceeds the country’s 2030 target. By March 2025, India’s renewable energy capacity had surpassed 220 GW, driven by significant investments in solar and wind. Here are the top energy sector stocks contributing to this growth

Best Energy Sector Stocks in India (2026)

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Energy Stock Screener: Analyse & Filter Indian Stocks on Tickertape

Showing 1 - 20 of 48 results

last updated at 9:45 PM IST 
NameStocks (48)Sub-SectorSub-SectorMarket CapMarket CapClose PriceClose PricePE RatioPE Ratio1D Return1D Return1M Return1M Return6M Return6M Return1Y Return1Y ReturnPB RatioPB RatioReturn on EquityReturn on EquityROCEROCEDividend YieldDiv YieldDebt to EquityDebt to EquityVolatility vs NiftyVolatility vs Nifty
1.Reliance Industries LtdRELIANCEOil & Gas - Refining & MarketingOil & Gas - Refining & Marketing18,88,321.2318,88,321.231,395.401,395.4027.1127.110.320.32-9.74-9.74-1.04-1.0411.3611.361.871.877.207.208.718.710.390.390.370.371.601.60
2.Oil and Natural Gas Corporation LtdONGCOil & Gas - Exploration & ProductionOil & Gas - Exploration & Production3,38,359.193,38,359.19268.96268.969.349.34-2.33-2.3314.8214.8211.2311.234.774.770.900.909.879.8711.4511.454.554.550.500.501.941.94
3.Indian Oil Corporation LtdIOCOil & Gas - Refining & MarketingOil & Gas - Refining & Marketing2,30,515.102,30,515.10163.24163.2416.9516.950.090.090.830.839.539.5328.4128.411.211.217.177.179.559.551.841.840.800.801.961.96
4.Bharat Petroleum Corporation LtdBPCLOil & Gas - Refining & MarketingOil & Gas - Refining & Marketing1,58,138.531,58,138.53364.50364.5011.8611.86-0.67-0.67-1.49-1.498.148.1441.7541.751.941.9416.9916.9917.0517.052.702.700.750.752.092.09
5.Hindustan Petroleum Corp LtdHINDPETROOil & Gas - Refining & MarketingOil & Gas - Refining & Marketing90,858.0290,858.02427.00427.0013.4913.49-1.29-1.29-9.99-9.990.180.1821.4421.441.781.7813.7413.7412.5612.562.462.461.381.382.512.51
6.Oil India LtdOILOil & Gas - Exploration & ProductionOil & Gas - Exploration & Production82,965.1382,965.13510.05510.0512.6612.66-0.91-0.9125.7125.7114.6714.6722.0922.091.521.5212.2112.2111.7711.772.252.250.560.562.582.58
7.Petronet LNG LtdPETRONETOil & Gas - Storage & TransportationOil & Gas - Storage & Transportation43,462.5043,462.50289.75289.7510.9410.94-2.11-2.112.712.71-0.79-0.79-3.61-3.612.192.1921.3121.3123.6323.633.453.450.130.132.052.05
8.Mangalore Refinery and Petrochemicals LtdMRPLOil & Gas - Refining & MarketingOil & Gas - Refining & Marketing30,940.3830,940.38176.54176.54550.54550.54-0.23-0.2322.3322.3335.9435.9439.6839.682.392.390.430.435.115.11--1.011.013.693.69
9.Aegis Logistics LtdAEGISLOGOil & Gas - Storage & TransportationOil & Gas - Storage & Transportation25,640.5525,640.55730.50730.5038.6538.654.814.812.742.741.071.075.275.274.484.4813.0313.0311.8511.851.101.100.810.813.693.69
10.Aegis Vopak Terminals LtdAEGISVOPAKOil & Gas - Storage & TransportationOil & Gas - Storage & Transportation25,130.3525,130.35226.81226.81197.50197.503.333.33-6.99-6.99-8.38-8.38-6.28-6.2813.0913.098.728.726.146.14--2.092.093.373.37
11.Great Eastern Shipping Company LtdGESHIPOil & Gas - Storage & TransportationOil & Gas - Storage & Transportation17,166.3217,166.321,202.401,202.407.327.321.331.338.998.9926.9726.9726.8226.821.201.2017.5917.5916.6116.612.472.470.150.152.432.43
12.Chennai Petroleum Corporation LtdCHENNPETROOil & Gas - Refining & MarketingOil & Gas - Refining & Marketing12,896.4712,896.47866.05866.0560.2460.24-1.01-1.016.666.6623.8323.8365.1265.121.571.572.442.445.195.190.580.580.380.383.883.88
13.Energy Infrastructure TrustENERGYINFOil & Gas - Storage & TransportationOil & Gas - Storage & Transportation5,534.445,534.4483.3583.35617.68617.680.250.25-5.18-5.181.661.66-5.82-5.820.840.8412.3612.364.014.0120.5920.590.980.982.182.18
14.Seamec LtdSEAMECLTDOil & Gas - Equipment & ServicesOil & Gas - Equipment & Services3,235.593,235.591,272.601,272.6036.1036.10-1.48-1.4818.9318.9356.8956.8921.5921.593.213.219.349.3410.5910.59--0.230.232.892.89
15.Deep Industries LtdDEEPINDSOil & Gas - Equipment & ServicesOil & Gas - Equipment & Services2,379.842,379.84371.85371.85-26.41-26.410.990.99-17.15-17.15-21.69-21.69-31.73-31.731.241.24-5.24-5.24-1.36-1.360.820.820.110.113.533.53
16.Hindustan Oil Exploration Company LtdHINDOILEXPOil & Gas - Exploration & ProductionOil & Gas - Exploration & Production2,061.142,061.14155.86155.8614.0014.00-0.17-0.171.481.48-5.71-5.71-20.58-20.581.561.5611.8011.8010.6310.63--0.090.092.612.61
17.Antelopus Selan Energy LtdANTELOPUSOil & Gas - Exploration & ProductionOil & Gas - Exploration & Production1,936.571,936.57550.75550.7526.1826.18-5.41-5.4135.7735.77-7.99-7.99-22.14-22.144.124.1217.1317.1318.0318.03--0.010.014.874.87
18.Dolphin Offshore Enterprises (India) LtdDOLPHINOil & Gas - Equipment & ServicesOil & Gas - Equipment & Services1,821.611,821.61455.35455.3539.2039.208.838.833.963.963.493.4921.9821.986.696.6918.8218.8211.1611.16--0.600.604.254.25
19.Gujarat Natural Resources LtdGNRLOil & Gas - Exploration & ProductionOil & Gas - Exploration & Production1,659.511,659.51108.18108.18-442.54-442.540.050.0526.4726.4759.8259.82509.12509.1210.8210.82-2.86-2.86-0.54-0.54--0.080.083.383.38
20.Gandhar Oil Refinery (INDIA) LtdGANDHAROil & Gas - Refining & MarketingOil & Gas - Refining & Marketing1,466.431,466.43149.82149.8218.3218.320.080.082.042.04-10.42-10.42-14.82-14.821.141.146.376.3711.3011.300.330.330.240.242.982.98

Disclaimer: Please note that the above table is for informational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing. The data is derived from Tickertape Stock Screener and is subject to real-time updates.

Selection criteria: Sub-sector: Energy | Market Cap: Sorted from Highest to Lowest

Union Budget FY 2025-26 on the Energy Sector

The Union Budget 2025-26 introduces key policy measures and financial allocations to strengthen India's energy sector. It focuses on expanding renewable energy, enhancing nuclear power capacity, securing petroleum reserves, and promoting clean technology manufacturing. Here are the major budgetary measures impacting the sector:

Renewable Energy Expansion

  1. The government has allocated ₹26,549 cr. to the Ministry of New and Renewable Energy for 2025-26, marking a 53.5% increase from the previous fiscal year.


Nuclear Energy Development

  1. A significant policy shift involves proposed amendments to the Atomic Energy Act and the Civil Liability for Nuclear Damage Act, enabling private sector participation in nuclear energy. The budget has earmarked ₹20,000 cr. for nuclear research and development, focusing on Small Modular Reactors (SMRs). The goal is to operationalise at least 5 SMRs by 2033.


Strategic Petroleum Reserves

  1. The government has allocated ₹5,597 cr. to expand India's strategic petroleum reserves to enhance energy security. This initiative aims to mitigate risks from global supply disruptions and includes developing new reserve facilities in Karnataka and Odisha.

Support for Clean Technologies

  1. The budget highlights the development of a green power technology ecosystem, supporting the domestic production of solar photovoltaic cells, electric vehicle batteries, electrolysers, wind turbines, and high-voltage transmission equipment.

Green Hydrogen Mission

  1. The National Green Hydrogen Mission has received an allocation of Rs. 600 cr., reinforcing the government's focus on green hydrogen as a key pillar of the clean energy transition.

Solar Energy Initiatives

  1. An allocation of ₹1 lakh for off-grid solar power initiatives have been made. The budget allocates ₹1,500 cr. for grid-connected solar power projects.

How to Invest in Energy Sector Stocks?

Investing in the best energy stocks in India using Tickertape is a straightforward process. Tickertape is a powerful stock analysis and screening tool that helps you make informed investment decisions. Here’s how you can use Tickertape to invest in energy stocks in India:

  1. Sign Up and Log In: You can create an account on the Tickertape or log in if you already have one.
  2. Search for Energy Sector Stocks: Go to Tickertape Stock Screener and search for the ‘Energy’ sector.
  3. Use Filters: You can apply over 200 filters to get energy stocks sorted based on criteria like market cap, P/E ratio.
  4. Analyse Stock Data: Tickertape provides comprehensive data on each stock, including financials, performance metrics, future projections, red flags, and more. You can review this data to assess each company’s health and potential in depth.
  5. Add to Watchlist: You may keep track of potential investments by adding them to your watchlist.
  6. Invest Through Your Broker: Once you’ve decided on a stock, you can place a buy order through your brokerage account linked to Tickertape.

You can stay updated with each of your favourite energy stocks’ alerts and announcements with Tickertape Alerts. Further, you can analyse your overall portfolio and potential red flags in it by connecting it to Tickertape. Check out detailed analysis of your portfolio now!

Overview of the Top Energy Stocks in India

Reliance Industries Ltd

Reliance Industries started in 1966 and grew into one of India’s biggest business groups. The company runs operations in petrochemicals, refining, oil and gas exploration, and retail. It remains India’s largest private company and continues to expand in technology, telecom, and energy.

Oil and Natural Gas Corporation Ltd

ONGC began in 1956 and became India’s leading oil and gas exploration and production company. It runs projects in India and abroad, focusing on finding, extracting, and producing hydrocarbons. ONGC plays a key role in improving India’s energy independence.

Indian Oil Corporation Ltd

Indian Oil started operations in 1959 and stands as India’s largest integrated oil company. It handles refining, marketing, and distribution of petroleum products. The company also invests in refining, natural gas, and renewable energy to strengthen India’s energy supply.

Bharat Petroleum Corporation Ltd

BPCL started in 1952 and ranks among India’s top oil and gas companies. It refines, markets, and distributes petroleum products and also works on projects in natural gas and renewable energy. BPCL focuses on building cleaner and sustainable energy options.

Hindustan Petroleum Corp Ltd

Hindustan Petroleum Corporation began in 1974 and became a major name in India’s oil and gas industry. The company refines, markets, and distributes petroleum products and has also moved into natural gas and renewable energy. HPCL aims to offer efficient and eco-friendly energy solutions.

What are Energy Stocks?

Energy sector stocks represent shares of companies that produce, distribute, and manage energy resources. These companies span various sectors. Oil and gas companies explore, extract, refine, and distribute petroleum products and natural gas. Renewable energy companies focus on solar, wind, and other sustainable sources. Utilities generate and supply electricity, gas, and water. Coal and mining companies extract resources for energy production. Energy stocks are essential to the global economy, providing exposure to both traditional and renewable energy markets.

Advantages of Investing in Energy Stocks in India

Strong Growth Opportunities

India’s energy demand continues to rise each year. This steady increase opens large expansion opportunities for high-growth and mid-cap energy stocks.

Government Support

The Indian government often updates its energy policies to attract investors. Regular changes in regulations, subsidies, and incentives help strengthen the investment environment and build long-term stability.

Focus on Sustainability

Green, clean, and alternative energy stocks already play a major role in reducing fossil fuel use. These companies directly support India’s sustainability goals and contribute to global climate commitments.

Potential for Strong Returns

Many energy firms in India have shown consistent financial growth. Their performance gives investors the opportunity to earn healthy returns over time.

Rise of New Technology

Energy sector trends in 2026 point to fast innovation. Indian companies are creating efficient, eco-friendly ways to generate and store power, making the sector more future-ready.

Steady Demand in Tough Times

Energy remains essential in every economy. As a result, energy stocks in India often remain more stable during slowdowns. This trend benefits both infrastructure-focused and small-cap energy companies operating in reliable segments.

Risks of Investing in Energy Stocks in India

Commodity Price Swings

Energy stocks, especially those in the oil and gas space, move sharply when global commodity prices change. These fluctuations can quickly affect profits and market performance.

Policy and Regulation Shifts

The energy sector runs under strict rules. Any change in government policy, tax structure, or environmental law can affect how energy companies operate and maintain profits.

Environmental Challenges

Traditional players in coal or oil face tougher environmental norms as India turns to green energy. The step-up in compliance often increases costs or requires asset revaluation.

Currency Impact

Energy companies operating in global markets often face currency fluctuations. A weaker rupee against the US dollar increases import and production costs, reducing profit margins.

Technology Shifts

The shift toward renewable power creates long-term challenges for companies that still depend on fossil fuels. Rapid progress in solar, wind, and storage technologies can make older operations less competitive.

Infrastructure Limitations

India is still developing its energy infrastructure. Any gaps or delays in project execution can slow down the sector’s overall growth.

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Factors to Consider Before Investing in Energy Stocks

Government Policies and Incentives

Government-backed schemes, subsidies, and regulatory clarity strongly influence the profitability of both established and emerging energy firms. Following these updates helps identify future growth areas.

Global Oil Price Changes

Energy stocks react quickly to oil price movements. Higher or lower prices directly influence the income and margins of companies involved in oil exploration, production, and distribution.

Innovation and Technology

Companies investing in technologies like advanced solar panels, battery systems, and green hydrogen are likely to grow faster. Checking how much a firm invests in R&D can reveal its potential.

Financial Health of Companies

Studying a company’s balance sheet, debt ratios, and operational efficiency helps judge how well it can sustain growth during market changes.

Energy Mix and Sustainability

A company that adds more renewable sources to its energy mix often enjoys stronger long-term positioning. Such companies also align better with responsible investing goals.

Market Fluctuations and Risks

The energy market can swing due to geopolitical issues, supply disruptions, or competition. Understanding these risks through proper research helps investors make informed decisions.

Conclusion

Energy stocks in India provide exposure to a growing sector driven by rising energy demand and government policies. However, these investments carry risks such as commodity price fluctuations, regulatory changes, and environmental concerns. Investors must understand these factors when evaluating opportunities in the energy market, especially when tracking energy share price trends using tools like the Tickertape Stock Screener, which offers detailed financial, valuation, and risk indicators for deeper analysis.

Frequently Asked Questions on Energy Stocks

  1. Which energy share is best?

    The following energy stocks have the best 1-year returns:
    1. Gujarat Natural Resources Ltd
    2. Cryogenic OGS Ltd
    3. Chennai Petroleum Corporation Ltd
    4. Bharat Petroleum Corporation Ltd
    5. Reliance Industries Ltd

    Disclaimer: The above Nifty energy stocks list is for educational purposes only and should not be considered investment advice.

  2. What are the top energy companies in India by market capitalisation?

    NTPC, Adani Power, and Adani Green Energy are the largest energy companies in India by market cap.

  3. What factors should I consider before investing in energy stocks in India?

    Consider government policies, company financial health, market demand, and global energy price trends when investing in energy stocks.

  4. How is the Indian government supporting renewable energy growth?

    The Indian government offers incentives, subsidies, and favourable policies to promote renewable energy investments.

  5. What are the risks associated with investing in energy stocks in India?

    Risks include market volatility, regulatory changes, and fluctuations in global energy prices.

  6. What is the future outlook for energy stocks in India?

    The energy sector stocks has strong growth prospects, driven by sustainability goals, infrastructure upgrades, and clean energy initiatives.