The Relative Strength Index (RSI) is a basic tool that helps traders know if a stock is too high or too low in price. It gives a number between 0 and 100. If the RSI is above 70, the stock might be overbought, meaning its price could drop soon. If it’s below 30, it might be oversold, meaning the price could go up. Traders use RSI to decide the best times to buy or sell based on recent price movements.
Here are a few Nifty 500 fundamentally strong stocks that are trading below the Relative Strength Index (RSI) Level 30
Deepak Nitrite Limited
Deepak Nitrite Limited was established in 1970 and is engaged in manufacturing organic and inorganic chemicals used in agrochemicals, pharmaceuticals, dyes, pigments, and personal care. The company operates multiple plants, focuses on innovation, and exports products globally, demonstrating strong financial growth.
Coming into financial highlights, Deepak Nitrite Limited’s revenue has increased from Rs. 2,126 crore in Q4 FY24 to Rs. 2,180 crore in Q4 FY25, which has grown by 2.54 percent. The net profit has decreased by 20.47 percent from Rs. 254 crore in Q4 FY24 to Rs. 202 crore in Q4 FY25.
With a market capitalization of Rs. 24,717.15 crores on Wednesday, the stock closed at Rs. 1,812.20, with an RSI of 29.20, indicating that it is in the oversold zone, offering the potential for an upside bounce.
Clean Science and Technology Limited
Clean Science and Technology Limited was established in 2003 and is engaged in manufacturing fine and specialty chemicals using innovative and eco-friendly catalytic processes. Headquartered in Pune, it supplies critical performance chemicals, pharma intermediates, and FMCG chemicals to global industrial and consumer markets
Coming into financial highlights, Clean Science and Technology Limited’s revenue has increased from Rs. 224 crore in Q1 FY25 to Rs. 243 crore in Q1 FY26, which has grown by 8.48 percent. The net profit has also grown by 6.06 percent from Rs. 66 crore in Q1 FY25 to Rs. 70 crore in Q1 FY26.
With a market capitalization of Rs. 12,725.50 crores on Wednesday, the stock closed at Rs. 1,197.50, with an RSI of 27.80, indicating that it is in the oversold zone, offering the potential for an upside bounce.
Timken India Limited
Timken India Limited was established in 1987 and is engaged in manufacturing, distributing, and selling anti-friction bearings, including tapered roller bearings, components, accessories, and mechanical power transmission products. The company serves diverse industries, operates advanced plants in Jamshedpur and Bharuch, and offers maintenance and refurbishment services.
Coming into financial highlights, Timken India Limited’s revenue has increased from Rs. 784 crore in Q1 FY25 to Rs. 809 crore in Q1 FY26, which has grown by 3.19 percent. The net profit has also grown by 8.33 percent from Rs. 96 crore in Q1 FY25 to Rs. 104 crore in Q1 FY26.
With a market capitalization of Rs. 21,963.12 crores on Wednesday, the stock closed at Rs. 2,919.90, with an RSI of 26.29, indicating that it is in the oversold zone, offering the potential for an upside bounce.
Bharat Dynamics Limited
Bharat Dynamics Limited was established in 1970 and is headquartered in Hyderabad. The company is a government-owned company engaged in designing, developing, and manufacturing guided missiles, torpedoes, underwater weapons, and allied defense equipment for the Indian Armed Forces and export markets.
Coming into financial highlights, Bharat Dynamics Limited’s revenue has increased from Rs. 854 crore in Q4 FY24 to Rs. 1,777 crore in Q4 FY25, which has grown by 108.08 percent. The net profit has decreased by 5.54 percent from Rs. 289 crore in Q4 FY24 to Rs. 273 crore in Q4 FY25.
With a market capitalization of Rs. 57,539.32 crores on Wednesday, the stock closed at Rs. 1,569.70, with an RSI of 28.13, indicating that it is in the oversold zone, offering the potential for an upside bounce.
Written By – Nikhil Naik
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