BSE Select Business Groups stocks list
BSETheme30 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
- 21.87
- 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.
- 3.99
- 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.
- 0.69%
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.
P/E at each month's last trading day, and on 29 Oct 2026
What the BSE Select Business Groups 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 30 companies that filed both.
- +19.6%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.
- ₹87,697 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 30 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.
- 10.6%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 Select Business Groups, each sized by its market cap.
Market cap, ₹ crore
- Reliance Industries₹15,79,789 Cr
- Tata Consultancy Services₹8,96,562 Cr
- Larsen & Toubro₹5,27,945 Cr
- Adani Ports and Special Economic Zone₹4,31,301 Cr
- Titan Company₹3,93,644 Cr
- Adani Power₹3,68,723 Cr
- Mahindra & Mahindra₹3,59,380 Cr
- Adani Enterprises₹3,53,037 Cr
- UltraTech Cement₹3,29,304 Cr
- JSW Steel₹3,07,002 Cr
- Adani Green Energy₹2,15,286 Cr
- Tata Steel₹2,11,546 Cr
Companies in the BSE Select Business Groups
Largest first, by market cap.
Adani Ports and Special Economic ZoneADANIPORTS · Transport Infrastructure₹1,872.00+6.29%₹4,31,301 Cr–11.5%0.40%+28.7%
UltraTech CementULTRACEMCO · Cement & Cement Products₹11,175.00+0.64%₹3,29,304 Cr37.4012.7%2.15%−6.9%
Tata MotorsTMCV · Agricultural, Commercial & Construction Vehicles₹400.30+0.15%₹1,47,422 Cr23.3047.5%1.00%–
Tata Consumer ProductsTATACONSUM · Agricultural Food & other Products₹1,021.00+2.08%₹1,01,048 Cr59.409.4%0.98%−13.3%
Funds that follow the BSE Select Business Groups
1 index fund or ETF tracks the BSE Select Business Groups; 2 other funds use it as their benchmark.
Tata BSE Select Business Groups Index FundIndex Fund · Tata Mutual FundNAV₹9.66241Y−7.71%3Y–5Y–Size₹228 CrCost0.39%
About the BSE Select Business Groups
The BSE Select Business Groups index measures the performance of the top 30 companies from the largest seven business groups in India, selected by free-float market capitalization from the BSE 500, excluding Financial Services companies. It is maintained by BSE Index Services Pvt. Ltd.
How companies are chosen
The universe is the BSE 500. A business group is 2 or more listed companies from different industries that are subsidiaries or associates of, or promoted by, a common promoter company; companies with cross holdings in each other in the same promoter group, or promoted by different entities within the same group, also count. Holding shares in another company does not make a group unless the investor is classified as a promoter by the investee company.
The largest company in each group by 6 month average free-float market capitalization is selected first, and the next 23 companies are ranked on the same measure and added. The index holds at most 30 companies from at most 7 groups.
At reconstitution, a group already in the index stays while it remains in the top 8 business groups by free-float market capitalization. A new group ranked in the top 4 is included, and the lowest-placed existing group leaves.
How it is weighted
Companies are weighted by float-adjusted market capitalization, with a cap of 23% on any one stock and 23% on any one business group.
A company's available float is defined by its Investable Weight Factor, which is reviewed every quarter.
When it is reviewed
The index rebalances semi-annually, effective from the Monday after the third Friday of the sixth and twelfth months. The reference date is after the close on the last trading day of the fourth and tenth months.
Most thematic indices add no stocks between rebalancings. That rule does not apply to this index.
Base date and value
The index was launched on 8 Oct 2024.
- Published by
- BSE
- Kind
- Theme
- 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
- 10 of 30
Theme indices
Others in this group, the most used as a fund's benchmark first.All
Nifty Housing50 companiesP/E 18.56
Nifty India Digital50 companiesP/E 27.94
Nifty India Internet23 companiesP/E 130.99
Nifty India Tourism11 companiesP/E 84.06- BSE Bharat 22 Index22 companiesP/E 12.33
- BSE Housing Index26 companiesP/E 32.43
BSE India Defence33 companiesP/E 46.00
Nifty India New Age Consumption75 companiesP/E 43.10- Nifty India Railways PSU17 companiesP/E 19.16
Nifty Rural75 companiesP/E 21.06