Nifty High Beta 50 stocks list
NSEStrategy50 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
- 20.90
- 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.
- 2.87
- 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.
- 1.17%
- 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
- −8.65%
- 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
- −10.18%
- 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
- −0.02%
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 40% of 1,993 trading days over the last 10 years.
At or below today's level on 64% of 1,239 trading days over the last 5 years.
At or below today's level on 52% of 743 trading days over the last 3 years.
At or below today's level on 12% of 247 trading days over the last 1 year.
P/E at each month's last trading day, and on 27 Oct 2026
What the Nifty High Beta 50 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 50 companies that filed both.
- +17.5%quarter to Jun 2026
- ProfitProfit after tax, added up. Profit after tax of the quarter to Jun 2026, added up over the 50 companies that filed it; a loss counts as negative.
- ₹45,160 Crquarter to Jun 2026
- Filed the quarterCompanies that filed the quarter. How many of the index's 50 listed companies have filed results for the quarter to Jun 2026; the revenue growth and the profit are theirs.
- 50of 50
- Median ROCEMedian return on capital employed. The middle figure of the 36 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.
- 11.3%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 Nifty High Beta 50, each sized by its market cap.
Market cap, ₹ crore
- Bajaj Finance₹5,67,807 Cr
- Larsen & Toubro₹5,04,279 Cr
- Adani Ports and Special Economic Zone₹4,04,230 Cr
- Mahindra & Mahindra₹3,55,450 Cr
- Adani Enterprises₹3,37,077 Cr
- Adani Green Energy₹2,12,321 Cr
- Shriram Finance₹1,93,797 Cr
- InterGlobe Aviation₹1,77,731 Cr
- Samvardhana Motherson International₹1,66,707 Cr
- DLF₹1,66,093 Cr
- Adani Energy Solutions₹1,60,403 Cr
- Union Bank of India₹1,40,916 Cr
Companies in the Nifty High Beta 50
Largest first, by market cap.
Bajaj FinanceBAJFINANCE · Finance₹912.00−0.73%₹5,67,807 Cr26.20Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.0.66%−15.9%
Adani Ports and Special Economic ZoneADANIPORTS · Transport Infrastructure₹1,754.50+0.11%₹4,04,230 Cr–11.6%0.43%+23.5%
Shriram FinanceSHRIRAMFIN · Finance₹823.60−0.17%₹1,93,797 Cr15.30Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.1.31%+14.5%
Samvardhana Motherson InternationalMOTHERSON · Auto Components₹157.95+2.73%₹1,66,707 Cr38.1012.2%0.38%+47.7%
Union Bank of IndiaUNIONBANK · Banks₹184.60+1.88%₹1,40,916 Cr6.40Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.2.71%+27.3%
Cholamandalam Investment and Finance CompanyCHOLAFIN · Finance₹1,469.00+1.46%₹1,25,968 Cr21.90Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.0.14%−15.2%
One 97 CommunicationsPAYTM · Financial Technology (Fintech)₹1,601.60−3.21%₹1,02,760 Cr120.201.3%None+22.6%
Indian Railway Finance CorporationIRFC · Finance₹74.56+0.22%₹97,439 Cr13.20Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.2.95%−39.6%
HDFC Asset Management CompanyHDFCAMC · Capital Markets₹2,267.70+0.41%₹97,301 Cr32.7039.7%2.38%−18.4%
Aditya Birla CapitalABCAPITAL · Finance₹353.55+0.14%₹96,795 Cr23.60Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.None+13.8%
Ashok LeylandASHOKLEY · Agricultural, Commercial & Construction Vehicles₹142.00+0.07%₹83,409 Cr24.0011.9%2.46%+0.8%
RECRECLTD · Finance₹286.50−3.92%₹75,442 Cr5.00Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.4.75%−23.3%
Hindustan Petroleum CorporationHINDPETRO · Petroleum Products₹354.00+3.07%₹75,325 Cr52.401.0%6.85%−22.0%
Mazagon Dock ShipbuildersMAZDOCK · Industrial Manufacturing₹1,754.00−6.45%₹70,753 Cr–17.2%1.03%−37.6%
Bank of MaharashtraMAHABANK · Banks₹80.00+5.10%₹61,532 Cr7.70Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.2.75%+35.8%
Nippon Life India Asset ManagementNAM-INDIA · Capital Markets₹943.00+2.60%₹60,356 Cr37.3041.4%2.28%+3.0%
L&T FinanceLTF · Finance₹240.80−0.12%₹60,353 Cr17.60Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.1.14%−9.9%
Bank of IndiaBANKINDIA · Banks₹132.02+4.51%₹60,104 Cr4.80Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.3.52%−5.5%
Mahindra & Mahindra Financial ServicesM&MFIN · Finance₹260.85−6.59%₹36,263 Cr10.10Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.2.88%−12.8%
PNB Housing FinancePNBHOUSING · Finance₹1,080.00−0.55%₹28,167 Cr12.20Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.0.74%+16.4%
Central Depository Services (India)CDSL · Capital Markets₹1,222.00+2.17%₹25,540 Cr54.2026.1%1.04%−25.3%
Bandhan BankBANDHANBNK · Banks₹151.91+0.70%₹24,475 Cr18.10Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.0.99%−11.7%
Kaynes Technology IndiaKAYNES · Industrial Manufacturing₹3,350.40+1.32%₹22,522 Cr65.208.5%None−50.3%
IIFL FinanceIIFL · Finance₹527.55−0.31%₹22,516 Cr9.00Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.0.76%+4.4%
About the Nifty High Beta 50
The Nifty High Beta 50 is an index of 50 stocks listed on NSE that have a high beta, a measure of how sensitively a stock's returns move with market returns, with the Nifty 50 as the market. It is maintained by NSE Indices Limited.
How companies are chosen
Companies must rank within the top 300 by average free-float market cap (counted on the floating shares available for trading, taken from public shareholding) and average daily turnover over the last six months. They need a listing history of 1 year and must have traded on every trading day of the last year.
Beta is calculated from 1 year of trailing prices, adjusted for corporate actions, and the eligible securities are ranked from the highest beta down. The top 50 form the index. Only stocks with a beta above 1 are selected at each review; if too few qualify, the stock with the next highest beta is considered.
A 100% buffer applies at each review: an existing constituent that ranks within the top 100 can be retained.
How it is weighted
Each stock's weight follows its beta, so the stock with the highest beta carries the highest weight. Weights are reset at every rebalancing.
When it is reviewed
The index is reviewed quarterly, using data for the six months ending on the last trading day of Feb, May, Aug and Nov.
Base date and value
The index has a base date of 31 Dec 2003 and a base value of 1000. It was launched on 19 Nov 2012.
- Published by
- NSE
- 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
- 50
- List last changed
- 23 Oct 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
- 15 of 50
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