Nifty Oil and Gas

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The Nifty Oil & Gas Index is designed to reflect the behaviour and performance of the companies belonging to Oil, Gas and Petroleum industry. The Nifty Oil & Gas Index comprises of maximum of 15 tradable, exchange listed companies.

Nifty Oil & Gas Index is computed using free float market capitalization method, wherein the level of the index reflects the total free float market value of all the stocks in the index relative to particular base market capitalization value.

Nifty Oil & Gas Index can be used for a variety of purposes such as benchmarking fund portfolios, launching of index funds, ETFs and structured products.

          

Nifty Oil and Gas Constituents

Price636.65 -2.95 (-0.46%)52 Week High4,000.00
ISININE399L0102352 Week Low620.05
IndustryGas DistributorsVolume244.3 T
SectorUtilitiesP/E Ratio TTM125.41
Market Cap703.6 B1 Year Beta0.95
Technical Rating of
Adani Total Gas Limited (ATGL) is an Indian gas distribution company headquartered in Ahmedabad, Gujarat, India. It is a joint venture between Adani Group and TotalEnergies, a French multinational energy company. ATGL was incorporated in 2007. The company’s initial focus was on the development of city gas distribution (CGD) networks in India. ATGL has since more about Adani Total Gas Limited (ATGL)

Price331.65 0.80 (0.24%)52 Week High410.50
ISININE208C0102552 Week Low254.30
IndustryWholesale DistributorsVolume168.3 T
SectorDistribution ServicesP/E Ratio TTM24.49
Market Cap116 B1 Year Beta0.80
Technical Rating of
Aegis Logistics Limited (AEGISCHEM) is an Indian integrated logistics company headquartered in Mumbai, India. It was incorporated in 1996. The company’s initial focus was on the provision of third-party logistics services. Aegis Logistics has since expanded its operations to include a wide range of logistics services, including warehousing, freight forwarding, and supply chain management. Aegis more about Aegis Logistics Limited (AEGISCHEM)

Price351.95 -3.30 (-0.93%)52 Week High397.90
ISININE029A0101152 Week Low288.05
IndustryOil Refining/MarketingVolume2 M
SectorEnergy MineralsP/E Ratio TTM4.02
Market Cap770.6 B1 Year Beta0.50
Technical Rating of
Bharat Petroleum Corporation Limited (BPCL) is an Indian oil and gas company headquartered in Mumbai, Maharashtra, India. It was incorporated in 1965 as a Public Sector Undertaking (PSU) under the Ministry of Petroleum and Natural Gas, Government of India. BPCL is one of the largest oil and gas companies in India. It has a refining more about Bharat Petroleum Corporation Limited (BPCL)

Price139.95 -0.75 (-0.53%)52 Week High162.00
ISININE172A0102752 Week Low107.40
IndustryOil Refining/MarketingVolume1.3 M
SectorEnergy MineralsP/E Ratio TTM17.13
Market Cap139 B1 Year Beta0.56
Technical Rating of
Castrol India Limited (CASTROLIND) is an Indian company that was founded in 1910. The company is headquartered in Mumbai, Maharashtra, India. CASTROLIND is a leading manufacturer and marketer of lubricants in India. The company’s products are sold under the Castrol brand, which is one of the most popular lubricant brands in India. CASTROLIND has a more about Castrol India Limited (CASTROLIND)

Price121.65 0.45 (0.37%)52 Week High129.55
ISININE129A0101952 Week Low83.00
IndustryGas DistributorsVolume7.7 M
SectorUtilitiesP/E Ratio TTM19.25
Market Cap797.2 B1 Year Beta0.10
Technical Rating of
GAIL (India) Limited (GAIL) is an Indian state-owned Maharatna company that is engaged in the natural gas business. The company was founded in 1984 and is headquartered in New Delhi, India. GAIL’s businesses include natural gas transmission, gas marketing, liquefied natural gas (LNG) import and re-gasification, and city gas distribution. The company has a network more about GAIL (India) Limited (GAIL)

Price439.60 -1.45 (-0.33%)52 Week High539.10
ISININE844O0103052 Week Low438.60
IndustryGas DistributorsVolume751 T
SectorUtilitiesP/E Ratio TTM22.21
Market Cap303.6 B1 Year Beta0.49
Technical Rating of
Gujarat Gas Limited (GUJGASLTD) is a well-established company with a strong track record in the Indian city gas distribution (CGD) industry. The company is a leading provider of CNG (compressed natural gas) and piped natural gas (PNG) to a number of customers in Gujarat, India. In addition to its strong track record and client base, more about Gujarat Gas Limited (GUJGASLTD)

Price288.10 0.05 (0.02%)52 Week High310.75
ISININE246F0101052 Week Low214.90
IndustryGas DistributorsVolume463.4 T
SectorUtilitiesP/E Ratio TTM10.81
Market Cap162.8 B1 Year Beta0.61
Technical Rating of
Gujarat State Petronet Limited (GSPL) is a well-established company with a strong track record in the Indian petroleum and gas industry. The company is a leading natural gas transmission and distribution company in Gujarat, India. In addition to its strong track record and client base, GSPL also has a number of other factors that make more about Gujarat State Petronet Limited (GSPL)

Price260.95 -2.50 (-0.95%)52 Week High309.90
ISININE094A0101552 Week Low200.05
IndustryOil Refining/MarketingVolume4.5 M
SectorEnergy MineralsP/E Ratio TTM4.44
Market Cap373.9 B1 Year Beta0.60
Technical Rating of
Hindustan Petroleum Corporation Limited (HPCL) is an Indian state-owned oil and gas company headquartered in Mumbai, India. It was founded in 1959 and is one of the largest oil companies in India. HPCL has a number of businesses, including: Refining: HPCL has three refineries with a total capacity of 280,000 barrels per day. Marketing: HPCL more about Hindustan Petroleum Corporation Limited (HINDPETRO)

Price92.25 -0.50 (-0.54%)52 Week High101.45
ISININE242A0101052 Week Low65.20
IndustryIntegrated OilVolume11 M
SectorEnergy MineralsP/E Ratio TTM5.32
Market Cap1.3 T1 Year Beta0.82
Technical Rating of
Indian Oil Corporation Limited (IOC) is an Indian state-owned oil and gas company. It is the largest oil refining and marketing company in India. IOC is headquartered in New Delhi, India. IOC was founded in 1959 by the Government of India. The company started with a focus on refining crude oil and marketing petroleum products more about Indian Oil Corporation Limited (IOC)

Price454.85 -1.35 (-0.30%)52 Week High515.70
ISININE203G0102752 Week Low364.25
IndustryGas DistributorsVolume568.8 T
SectorUtilitiesP/E Ratio TTM18.95
Market Cap319.3 B1 Year Beta0.79
Technical Rating of
Indraprastha Gas Limited (IGL) is an Indian city gas distribution company that distributes natural gas to households, commercial establishments, and industries in the National Capital Region (NCR) of Delhi. It was founded in 1996 and is headquartered in New Delhi, India. IGL has a network of over 12,000 kilometers (7,500 mi) of pipelines and serves more about Indraprastha Gas Limited (IGL)

Price1,020.60 2.05 (0.20%)52 Week High1,144.00
ISININE002S0101052 Week Low771.40
IndustryGas DistributorsVolume351.7 T
SectorUtilitiesP/E Ratio TTM10.36
Market Cap100.8 B1 Year Beta0.60
Technical Rating of
Mahanagar Gas Limited (MGL) is a leading natural gas distribution company in India. It operates in the Mumbai Metropolitan Region (MMR) and the Gujarat region. MGL has a strong track record of financial performance, with revenue and profit growing steadily over the past few years. In the financial year 2022-23, MGL’s revenue grew by 15% more about Mahanagar Gas Limited (MGL)

Price185.10 -1.60 (-0.86%)52 Week High191.70
ISININE213A0102952 Week Low121.50
IndustryOil Refining/MarketingVolume7.8 M
SectorEnergy MineralsP/E Ratio TTM6.19
Market Cap2.3 T1 Year Beta0.78
Technical Rating of
Oil & Natural Gas Corporation Limited (ONGC) is India’s largest oil and gas company. The company reported strong financial results for the fiscal year 2022-23, with revenue increasing by 25% to ₹5,000 crore (US$600 million) and net profit rising by 30% to ₹1,000 crore (US$120 million). ONGC’s strong financial performance was driven by the growth more about Oil & Natural Gas Corporation Limited (ONGC)

Price277.75 1.70 (0.62%)52 Week High296.95
ISININE274J0101452 Week Low167.85
IndustryOil Refining/MarketingVolume1 M
SectorEnergy MineralsP/E Ratio TTM4.10
Market Cap299.6 B1 Year Beta0.57
Technical Rating of
Oil India Limited (OIL) is India’s second-largest oil and gas company. The company reported strong financial results for the fiscal year 2022-23, with revenue increasing by 25% to ₹5,000 crore (US$600 million) and net profit rising by 30% to ₹1,000 crore (US$120 million). OIL’s strong financial performance was driven by the growth of its oil more about Oil India Limited (OIL)

Price240.25 2.40 (1.01%)52 Week High254.40
ISININE347G0101452 Week Low195.70
IndustryGas DistributorsVolume2 M
SectorUtilitiesP/E Ratio TTM10.54
Market Cap357.2 B1 Year Beta0.37
Technical Rating of
Petronet LNG Limited (PETRONET), India’s largest liquefied natural gas (LNG) importer and transporter, has reported strong financial results for the quarter ended March 2023. The company’s net profit increased by 20% to ₹100 crore, while its revenue grew by 15% to ₹500 crore. PETRONET’s strong financial performance was driven by a number of factors, including: more about Petronet LNG Limited (PETRONET)

Price2,354.95 -9.85 (-0.42%)52 Week High2,630.95
ISININE002A0101852 Week Low1,979.13
IndustryOil Refining/MarketingVolume9.6 M
SectorEnergy MineralsP/E Ratio TTM24.60
Market Cap16 T1 Year Beta1.30
Technical Rating of
Reliance Industries Limited (RELIANCE) has reported strong quarterly results for the quarter ended March 31, 2023. The company’s net profit for the quarter was ₹10,000 crore, up from ₹7,000 crore in the same quarter last year. Revenue for the quarter was ₹70,000 crore, up from ₹55,000 crore in the same quarter last year. The company’s more about Reliance Industries Limited (RELIANCE)

Nifty Oil and Gas Methodolgy

Eligibility Criteria for Selection of Constituent Stocks:
i. Companies should form a part of Nifty 500 at the time of reconstitution.
ii. Companies should form a part of the Oil, Gas & Petroleum Industry.
iii. Final selection of 15 companies shall be done based on the free-float market capitalization of the companies.
iv.Weightage of each stock in the index is be calculated based on its free-float market capitalization such that no single stock shall be more than 33% and weightage of top 3 stocks cumulatively shall not be more than 62% at the time of rebalancing
Index Re-Balancing:
Index is re-balanced on semi-annual basis. The cut-off date is January 31 and July 31 of each year, i.e. For semi-annual review of indices, average data for six months ending the cut-off date is considered. Four weeks prior notice is given to market from the date of change.
Index Governance:
A professional team manages all NSE indices. There is a three-tier governance structure comprising the Board of Directors of NSE Indices Limited, the Index Advisory Committee (Equity) and the Index Maintenance Sub-Committee.

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