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Stocks With RSI Below 30 – Based on Market Cap

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stocks with rsi below 30

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?’. Well, the Relative Strength Indicator (RSI) is a popular technical indicator that measures the momentum and speed of price movements of stocks. 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. 

List of stocks with RSI below 30

1. Smallcap

NameSub-SectorMarket Cap (Rs. in cr.)Close Price (Rs.)PE Ratio (%)RSI – 14D
Borosil Renewables LtdHousewares6,268.26483.6090.022.89
RHI Magnesita India LtdCement12,792.76626.55-27.479.18
V I P Industries LtdApparel & Accessories8,452.55595.0055.4810.66
POWERGRID Infrastructure Investment TrustPower Transmission & Distribution11,516.95116.23-59.0213.48
Galaxy Surfactants LtdSpecialty Chemicals9,284.182,598.1024.3714.20
India Grid TrustPower Transmission & Distribution9,591.90137.019.4415.09
Eureka Forbes Ltd9,896.46504.95372.6116.28
Jubilant Ingrevia LtdSpecialty Chemicals6,455.83414.8020.9917.60
Aarti Industries LtdSpecialty Chemicals16,461.31449.2030.2018.71
Indiamart Intermesh LtdOnline Services16,202.402,771.9557.0821.61
Anupam Rasayan India LtdSpecialty Chemicals10,613.55986.1558.6923.23
TCI Express LtdLogistics5,805.361,512.1041.6823.45
Brookfield India Real Estate Trust REITReal Estate9,717.19267.0374.0523.62
JK Lakshmi Cement LtdCement8,005.09683.9022.3223.90
Tata Investment Corporation LtdAsset Management11,623.262,323.1546.1526.15
Brigade Enterprises LtdReal Estate12,840.14559.5544.0627.19
Rajesh Exports LtdPrecious Metals, Jewellery & Watches15,417.00532.3510.7627.34
Cyient LtdSoftware Services15,344.951,448.5529.8328.98
Gujarat Ambuja Exports LtdAgro Products5,473.09237.0016.5829.38
Network18 Media & Investments LtdMovies & TV Serials6,627.1863.05-78.6429.49

Note: The stocks with RSI less than 30 are sorted using the below-mentioned parameters on Tickertape Stock Screener on 11th July 2023. 

  • Market Cap: Select ‘Smallcap’ and set the lower limit to 5,000
  • 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.

2. Midcap

NameSub-SectorMarket Cap (Rs. in cr.)Close Price (Rs.)PE Ratio (%)RSI – 14D
Gujarat Fluorochemicals LtdSpecialty Chemicals30,619.042,762.4523.0413.12
Indian Railway Catering and Tourism Corporation LtdOnline Services49,272.00619.0048.9817.95
Page Industries LtdApparel & Accessories40,582.8136,295.3071.0417.97
Astral LtdBuilding Products – Pipes47,964.631,779.25105.0521.33
Vedant Fashions LtdTextiles29,873.151,214.3069.6222.70
AIA Engineering LtdIndustrial Machinery30,093.393,334.7528.5022.72
Fsn E-Commerce Ventures LtdWellness Services39,782.93146.852,066.6523.56
Solar Industries India LtdCommodity Chemicals32,127.593,543.8542.4325.30
Dixon Technologies (India) LtdHome Electronics & Appliances25,244.584,386.3598.8026.58
Bharat Dynamics LtdAerospace & Defense Equipments19,802.621,231.6056.2328.06
Deepak Nitrite LtdCommodity Chemicals27,099.251,932.5031.8128.57
Schaeffler India LtdAuto Parts46,638.673,066.7553.0528.92
Adani Wilmar LtdFMCG – Foods52,078.12402.0089.4629.57

Note: The stocks with RSI less than 30 are sorted using the below-mentioned parameters on Tickertape Stock Screener on 11th July 2023. 


  • Market Cap: Select ‘Midcap’
  • 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.

3. Largecap

NameSub-SectorMarket Cap (Rs. in cr.)Close Price (Rs.)PE Ratio (%)RSI – 14D
SBI Cards and Payment Services LtdPayment Infrastructure79,101.51834.3035.0218.48
SRF LtdDiversified Chemicals64,851.822,175.3529.9919.50
Shree Cement LtdCement86,656.2123,955.3565.2525.96
Tata Motors LtdFour Wheelers1,51,860.11338.25-11.2926.41
Eicher Motors LtdTrucks & Buses86,854.923,253.0529.8126.46
Ambuja Cements LtdCement83,297.82419.7532.2427.27
Adani Power LtdPower Generation93,357.21244.208.7027.36

Note: The stocks with RSI less than 30 are sorted using the below-mentioned parameters on Tickertape Stock Screener on 11th July 2023. 

  • Market Cap: Select ‘Largecap’
  • 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.


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 finalising any stock for investing. 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.

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