Nifty India Manufacturing stocks list
NSETheme77 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
- 25.99
- 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.
- 3.79
- 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.
- 1.00%
- 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
- −3.44%
- 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
- −6.72%
- 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
- −2.32%
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 39% of 1,239 trading days over the last 5 years.
At or below today's level on 8% of 744 trading days over the last 3 years.
At or below today's level on 4% of 247 trading days over the last 1 year.
P/E at each month's last trading day, and on 29 Oct 2026
What the Nifty India Manufacturing 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 72 companies that filed both.
- +23.1%quarter to Jun 2026
- ProfitProfit after tax, added up. Profit after tax of the quarter to Jun 2026, added up over the 77 companies that filed it; a loss counts as negative.
- ₹1,06,096 Crquarter to Jun 2026
- Filed the quarterCompanies that filed the quarter. How many of the index's 77 listed companies have filed results for the quarter to Jun 2026; the revenue growth and the profit are theirs.
- 77of 77
- Median ROCEMedian return on capital employed. The middle figure of the 73 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.
- 16.6%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 Nifty India Manufacturing, each sized by its market cap.
Market cap, ₹ crore
- Reliance Industries₹15,79,789 Cr
- Sun Pharmaceutical Industries₹4,22,523 Cr
- Mahindra & Mahindra₹3,59,380 Cr
- Maruti Suzuki India₹3,59,236 Cr
- Hindustan Aeronautics₹3,25,687 Cr
- JSW Steel₹3,07,002 Cr
- Bajaj Auto₹2,85,329 Cr
- Bharat Electronics₹2,70,462 Cr
- Divi's Laboratories₹2,56,549 Cr
- Hindustan Zinc₹2,18,238 Cr
- Tata Steel₹2,11,546 Cr
- TVS Motor Company₹2,03,337 Cr
Companies in the Nifty India Manufacturing
Largest first, by market cap.
Sun Pharmaceutical IndustriesSUNPHARMA · Pharmaceuticals & Biotechnology₹1,761.00+0.20%₹4,22,523 Cr34.9016.9%0.91%+2.6%
Divi's LaboratoriesDIVISLAB · Pharmaceuticals & Biotechnology₹9,664.00+1.10%₹2,56,549 Cr87.7020.8%0.31%+48.4%
Solar Industries IndiaSOLARINDS · Chemicals & Petrochemicals₹19,430.00+0.99%₹1,75,822 Cr88.3035.3%0.06%+39.2%
Torrent PharmaceuticalsTORNTPHARM · Pharmaceuticals & Biotechnology₹4,580.00+0.50%₹1,74,208 Cr82.0012.0%0.83%+27.2%
Samvardhana Motherson InternationalMOTHERSON · Auto Components₹160.00−0.21%₹1,68,871 Cr38.6012.2%0.38%+48.5%
Tata MotorsTMCV · Agricultural, Commercial & Construction Vehicles₹400.30+0.15%₹1,47,422 Cr23.3047.5%1.00%–
Pidilite IndustriesPIDILITIND · Chemicals & Petrochemicals₹1,422.00+2.33%₹1,44,836 Cr54.0029.6%0.81%−5.7%
CG Power and Industrial SolutionsCGPOWER · Electrical Equipment₹829.80−0.30%₹1,30,732 Cr95.0017.7%0.16%+10.8%
Hitachi Energy IndiaPOWERINDIA · Electrical Equipment₹28,125.00−1.09%₹1,25,360 Cr109.0025.4%0.03%+60.9%
Laurus LabsLAURUSLABS · Pharmaceuticals & Biotechnology₹2,244.00+2.85%₹1,21,246 Cr90.5021.8%0.09%+133.3%
Zydus LifesciencesZYDUSLIFE · Pharmaceuticals & Biotechnology₹1,184.40+0.76%₹1,18,144 Cr26.2015.9%0.08%+18.1%
Dr. Reddy's LaboratoriesDRREDDY · Pharmaceuticals & Biotechnology₹1,345.00+0.72%₹1,12,264 Cr40.106.0%0.59%+7.5%
Aurobindo PharmaAUROPHARMA · Pharmaceuticals & Biotechnology₹1,659.90+0.92%₹95,507 Cr25.7011.5%None+49.3%
Ashok LeylandASHOKLEY · Agricultural, Commercial & Construction Vehicles₹145.00+0.10%₹85,171 Cr24.5011.9%2.41%+4.0%
Mazagon Dock ShipbuildersMAZDOCK · Industrial Manufacturing₹1,762.70+1.73%₹71,104 Cr–17.2%1.03%−36.5%
Alkem LaboratoriesALKEM · Pharmaceuticals & Biotechnology₹5,079.00+0.18%₹60,727 Cr28.1016.5%1.04%−8.2%
Coromandel InternationalCOROMANDEL · Fertilizers & Agrochemicals₹1,719.80+0.96%₹50,745 Cr27.7018.4%0.64%−23.7%
Anthem BiosciencesANTHEM · Pharmaceuticals & Biotechnology₹830.15−0.24%₹46,781 Cr81.2021.2%0.24%+14.2%
Navin Fluorine InternationalNAVINFLUOR · Chemicals & Petrochemicals₹8,260.50−2.83%₹42,383 Cr53.7020.7%0.18%+65.9%
Escorts KubotaESCORTS · Agricultural, Commercial & Construction Vehicles₹2,620.90−3.16%₹29,322 Cr21.2010.2%1.95%−29.6%
Himadri Speciality ChemicalHSCL · Chemicals & Petrochemicals₹536.25+1.07%₹27,058 Cr31.7015.9%0.15%+10.4%
Kaynes Technology IndiaKAYNES · Industrial Manufacturing₹3,187.50+1.51%₹21,427 Cr62.008.5%None−53.9%
Crompton Greaves Consumer ElectricalsCROMPTON · Consumer Durables₹200.00−1.96%₹12,878 Cr–20.4%1.50%−31.3%
Funds that follow the Nifty India Manufacturing
6 index funds and ETFs track the Nifty India Manufacturing; 13 other funds use it as their benchmark.Nifty India Manufacturing index funds and ETFs
Mirae Asset Nifty India Manufacturing ETFETF · Mirae Asset Mutual FundNAV₹152.42551Y−2.01%3Y+16.68%5Y–Size₹260 CrCost0.52%
Navi Nifty India Manufacturing Index FundIndex Fund · Navi Mutual FundNAV₹18.23531Y−1.94%3Y+16.74%5Y–Size₹83 CrCost0.58%
Nippon India Nifty India Manufacturing IndexIndex Fund · Nippon India Mutual FundNAV₹10.46601Y−1.79%3Y–5Y–Size₹41 CrCost0.36%
UTI Nifty India Manufacturing Index FundIndex Fund · UTI Mutual FundNAV₹11.65731Y−2.13%3Y–5Y–Size₹31 CrCost0.72%- Nippon India Nifty India Manufacturing ETFETF · Nippon India Mutual FundNAV₹150.56021Y−1.76%3Y–5Y–Size₹12 CrCost0.30%
Motilal Oswal Nifty India Manufacturing ETFETF · Motilal Oswal Mutual FundNAV₹149.43821Y−2.14%3Y–5Y–Size₹2 CrCost0.71%
About the Nifty India Manufacturing
The Nifty India Manufacturing Index tracks stocks that represent manufacturing sectors in India, selected from the Nifty 100, Nifty Midcap 150 and Nifty Smallcap 50. It is maintained by NSE Indices Limited. It held 77 companies on 30 Sep 2026, a number that varies.
How companies are chosen
Stocks in the combined universe of the Nifty 100, Nifty Midcap 150 and Nifty Smallcap 50 at the time of review are eligible, and only ordinary equity shares are considered. A stock must also belong to an eligible basic industry, the industry group a company is classified in.
Eligible companies come from basic industries that broadly represent manufacturing, from 2/3 wheelers, auto components and aerospace and defence to commodity chemicals, fertilizers and heavy electrical equipment.
Selection starts with all eligible Nifty 100 stocks. Where they cover less than 75% of a basic industry's 6 month average free-float market capitalization, Nifty Midcap 150 and Nifty Smallcap 50 stocks are added in descending order of that figure until 75% is reached. Free-float market capitalization is the value of the shares normally expected to be available for trading in the market.
How it is weighted
Each stock's weight is based on its free-float market capitalization, capped at 5% for one stock.
Automobile and Auto Components and Capital Goods have a minimum weight of 20% each. The minimum is relaxed for either of the two if it has fewer than 4 stocks in the index.
When it is reviewed
The index is reconstituted and rebalanced in Mar and Sep, effective on the last trading day of those months, using the 6 month average free-float market capitalization ended Jan and Jul.
An ad-hoc reconstitution follows the suspension or delisting of a constituent, or a scheme of arrangement.
Base date and value
The index has a base date of 1 Apr 2005 and a base value of 1000. It was launched on 16 Aug 2021.
- Published by
- NSE
- 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
- 77
- List last changed
- 9 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
- 20 of 76
Theme indices
Others in this group, the most used as a fund's benchmark first.All
Nifty Infrastructure30 companiesP/E 21.80
BSE India Infrastructure Index30 companiesP/E 16.35
BSE TECK21 companiesP/E 20.88- Nifty100 ESG79 companiesP/E 19.77
Nifty MNC30 companiesP/E 33.06
Nifty India Defence22 companiesP/E 55.34
Nifty Capital Markets17 companiesP/E 42.58
Nifty Commodities30 companiesP/E 14.16
Nifty Services Sector30 companiesP/E 20.80
Nifty Transportation & Logistics31 companiesP/E 40.51