BSE Momentum Index stocks list
BSEStrategy30 companies
- P/EPrice to earnings of an index. The index's P/E as the exchange publishes it with the close: its members' market value divided by their profit over the last twelve months, each member counted as the index weighs it. Price to earnings of an index: how it is worked out
- 23.47
- P/BPrice to book of an index. The index's P/B as the exchange publishes it: its members' market value divided by their net worth, the assets they own less everything they owe.
- 7.48
- Dividend yieldDividend yield of an index. The index's dividend yield as the exchange publishes it: dividends its members paid over the last twelve months as a percentage of their market value.
- 1.09%
- 1MOne-month return of an index. The latest close against the close a month earlier, on the same date or the last trading day before it, as a percentage. One-month return of an index in the glossary
- −3.73%
- 3MThree-month return of an index. The latest close against the close three months earlier, on the same date or the last trading day before it, as a percentage. Three-month return of an index in the glossary
- −4.51%
- 1YOne-year return of an index. The latest close against the close a year earlier, on the same date or the last trading day before it, as a percentage. One-year return of an index in the glossary
- −10.56%
P/E against its own past
Where today's P/E sits among every trading day of each window: the dot is today, the tick the middle day.
At or below today's level on 51% of 247 trading days over the last 1 year.
P/E at each month's last trading day, and on 28 Oct 2026
What the BSE Momentum Index companies earned
Revenue against the same quarter a year earlier, over today's members that filed both; profit after tax added up over the members that filed the quarter. A quarter fewer than 60% of them filed is left out, and the newest is added once nearly as many have filed it as the one before.
- Revenue growthRevenue growth, against a year earlier. Revenue of the quarter to Jun 2026 against the same quarter a year earlier, added up over the 29 companies that filed both.
- +20.3%quarter to Jun 2026
- ProfitProfit after tax, added up. Profit after tax of the quarter to Jun 2026, added up over the 30 companies that filed it; a loss counts as negative.
- ₹64,811 Crquarter to Jun 2026
- Filed the quarterCompanies that filed the quarter. How many of the index's 30 listed companies have filed results for the quarter to Jun 2026; the revenue growth and the profit are theirs.
- 30of 30
- Median ROCEMedian return on capital employed. The middle figure of the 24 companies' ROCE for the year to Mar 2026, half above and half below. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them.
- 18.0%year to Mar 2026
Revenue against the same quarter a year earlier, per cent
Profit after tax, ₹ crore, added up over the companies that filed
The largest companies
The 12 largest companies in the BSE Momentum Index, each sized by its market cap.
Market cap, ₹ crore
- State Bank of India₹8,83,200 Cr
- Titan Company₹3,85,113 Cr
- Adani Power₹3,55,976 Cr
- Bajaj Auto₹2,88,132 Cr
- Nestle India₹2,25,227 Cr
- TVS Motor Company₹2,01,432 Cr
- Hindalco Industries₹2,00,846 Cr
- Eicher Motors₹2,00,401 Cr
- Shriram Finance₹1,95,903 Cr
- Torrent Pharmaceuticals₹1,73,334 Cr
- Samvardhana Motherson International₹1,69,219 Cr
- Adani Energy Solutions₹1,58,250 Cr
Companies in the BSE Momentum Index
Largest first, by market cap.
State Bank of IndiaSBIN · Banks₹956.80+1.24%₹8,83,200 Cr10.20Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.1.81%+2.9%
Shriram FinanceSHRIRAMFIN · Finance₹832.55+1.09%₹1,95,903 Cr15.40Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.1.30%+15.0%
Torrent PharmaceuticalsTORNTPHARM · Pharmaceuticals & Biotechnology₹4,557.00−1.47%₹1,73,334 Cr81.6012.0%0.83%+27.4%
Samvardhana Motherson InternationalMOTHERSON · Auto Components₹160.33+1.51%₹1,69,219 Cr38.6012.2%0.37%+49.9%
Laurus LabsLAURUSLABS · Pharmaceuticals & Biotechnology₹2,181.90+1.86%₹1,17,891 Cr107.8019.8%0.09%+127.4%
Aditya Birla CapitalABCAPITAL · Finance₹356.00+0.69%₹97,466 Cr23.70Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.None+13.9%
The Federal BankFEDERALBNK · Banks₹346.00+1.29%₹85,555 Cr16.50Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.0.35%+46.7%
Multi Commodity Exchange of IndiaMCX · Capital Markets₹3,180.60−0.19%₹81,103 Cr52.6063.7%0.25%+74.4%
AU Small Finance BankAUBANK · Banks₹879.10+3.67%₹66,053 Cr20.90Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.0.11%−0.1%
L&T FinanceLTF · Finance₹246.50+2.37%₹61,782 Cr18.10Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.1.12%−8.1%
National Aluminium CompanyNATIONALUM · Non - Ferrous Metals₹323.50+4.96%₹59,415 Cr8.8038.9%3.55%+36.6%
About the BSE Momentum Index
The BSE Momentum Index measures the performance of the 30 companies in the BSE LargeMidCap that exhibit the most persistence in their relative performance, measured by their risk adjusted price momentum score. It is maintained by BSE Index Services Pvt. Ltd.
How companies are chosen
The index draws its companies from the BSE LargeMidCap, a size sub-index of the BSE AllCap.
At each semi-annual rebalancing, a company needs an average daily float-adjusted market capitalization of at least ₹2,000 crore, an annualized traded value of at least ₹1,000 crore and a turnover ratio (annualized traded value divided by average daily float-adjusted market capitalization) of at least 20%. Current members stay eligible at ₹1,600 crore, ₹800 crore and 16%. A company must also have no more than five non-trading days in the past six months.
A stock must have traded for at least ten months before the rebalancing reference date to be included.
Eligible companies are ranked by momentum score. The top 24 are selected, whether or not they are current members. Existing members ranked 25 to 36 are then selected in rank order until the count reaches 30, and if it is still short, non-members are selected in rank order.
How it is weighted
A company's momentum value is its 12-month price change, excluding the most recent month. Where 12 months of price history are not available, nine months are used.
The momentum value is then adjusted by the company's volatility, the standard deviation of its daily price returns over the same period. That risk-adjusted value is turned into a z-score, using its mean and standard deviation across the index universe, and the z-score is capped at ± 3.
With Z as the capped z-score, the momentum score is 1 plus Z when Z is above 0, 1 divided by (1 minus Z) when Z is below 0, and 1 when Z is 0.
Each company is weighted by the product of its float-adjusted market capitalization weight in the eligible index universe and its momentum score. The maximum weight of each security is the lower of 5% and three times its float-adjusted market capitalization weight in the index.
When it is reviewed
The index is rebalanced semiannually in Mar and Sep, effective at market open on the Monday following the third Friday of the month. The universe is set after the close of market on the third Friday of Feb and Aug.
No companies are added between rebalancings, so the number of stocks can fall below 30 after deletions.
Base date and value
The index was launched on 3 Dec 2015, and its values begin on 16 Sep 2005.
- Published by
- BSE
- Kind
- Strategy
- CompaniesCompanies in an index. How many companies the index holds on its current list, which the exchange revises from time to time. Companies in an index in the glossary
- 30
- List last changed
- 30 Sep 2026
- Above 200-day averageMembers above their 200-day average. The share of the index's members whose latest close is above their own average close of the last 200 trading days; members listed too recently to have one are left out. Members above their 200-day average in the glossary
- 11 of 30
Strategy indices
Others in this group, the most used as a fund's benchmark first.All
BSE SENSEX Equal Weight30 companiesP/E 22.92- BSE SENSEX Sixty 65:3560 companiesP/E 20.44
- BSE Smallcap 500 Enhanced Value 5049 companiesP/E 9.47
- BSE Smallcap 500 Low Volatility 5050 companiesP/E 27.89
- BSE Smallcap 500 Momentum 5050 companiesP/E 44.25
- BSE Smallcap 500 Quality 5050 companiesP/E 23.17
- BSE SME IPO186 companiesP/E 15.68
Nifty Alpha Quality Low-Volatility 3030 companiesP/E 27.15- Nifty Alpha Quality Value Low-Volatility 3030 companiesP/E 15.19
Nifty High Beta 5050 companiesP/E 21.00