5 Top Oil  Gas Stocks To Invest In June 2024

Published : 21 June 2024

Reliance Industries Ltd

It is one of the largest players in the oil and natural gas industry. It is currently trading around Rs. 2950 with an ROCE of 9.38% and an ROE of 8.77%. Its OPM is around 14.14%.

Oil and Natural Gas Corporation Ltd

The company is involved in the business of crude oil, natural gas, and more. Its shares are trading at around Rs. 270 at present with ROCE and ROE of 15.43% and 14.60%. The OPM is 13.41%.

Deep Industries  Ltd.

The company specialises in Gas compression services. Its shares are trading at around Rs. 300 at present with ROCE and ROE of 9.50% and 8.58% while the OPM is noted at 37.62%. 

Indian Oil Corporation Ltd.

IOC operates under the Indian Government and is run by the Ministry of Petroleum and Natural Gas. Its shares are trading at around Rs. 169. Its ROCE and ROE are 23.90% and 22.75% respectively. At the same time, the OPM was 8.18%.

Jindal Drilling Industries Ltd

The company is in the business of exploration of oil and gas.  The company’s share is trading at around Rs. 630. Its ROCE and ROE are 9.86% and 3.75% respectively. At the same time, the OPM is 26.65%.