Nifty Infrastructure logo

Nifty Infrastructure stocks list

NSETheme30 companies

P/E
21.80
P/B
2.61
Dividend yield
1.32%
1M
+0.62%
3M
−5.62%
1Y
−9.00%

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

75.6114.9521.80Nov 15Apr 17Sep 18Feb 20Jul 21Dec 22May 24Oct 25Oct 26

What the Nifty Infrastructure 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 growth
+21.4%quarter to Jun 2026
Profit
₹69,125 Crquarter to Jun 2026
Filed the quarter
30of 30
Median ROCE
12.2%year to Mar 2026

Revenue against the same quarter a year earlier, per cent

4.1Mar 244.2Jun 243.8Sep 243.6Dec 244.8Mar 253.4Jun 256.1Sep 257.2Dec 257.7Mar 2621Jun 26
Revenue grew against a year earlier in 10 of the 10 quarters shown.

Profit after tax, ₹ crore, added up over the companies that filed

86,573Mar 2477,078Jun 2467,595Sep 2496,232Dec 241,05,349Mar 251,06,701Jun 2594,229Sep 251,02,680Dec 251,17,457Mar 2669,125Jun 26
Largest profit ₹1,17,457 Cr, quarter to Mar 2026.

The largest companies

The 12 largest companies in the Nifty Infrastructure, each sized by its market cap.

Market cap, ₹ crore

  • Reliance Industries₹15,79,789 Cr
  • Bharti Airtel₹12,30,818 Cr
  • Larsen & Toubro₹5,27,945 Cr
  • Adani Ports and Special Economic Zone₹4,31,301 Cr
  • Adani Power₹3,68,723 Cr
  • UltraTech Cement₹3,29,304 Cr
  • NTPC₹3,01,081 Cr
  • Oil & Natural Gas Corporation₹2,84,050 Cr
  • Power Grid Corporation of India₹2,41,816 Cr
  • Adani Green Energy₹2,15,286 Cr
  • Grasim Industries₹1,99,601 Cr
  • Indian Oil Corporation₹1,84,155 Cr

Companies in the Nifty Infrastructure

Largest first, by market cap.

  • Reliance Industries logoReliance IndustriesRELIANCE · Petroleum Products₹1,167.40+0.81%₹15,79,789 Cr21.108.5%0.51%−22.4%
  • Bharti Airtel logoBharti AirtelBHARTIARTL · Telecom - Services₹1,972.10+1.23%₹12,30,818 Cr42.6022.2%1.22%−6.1%
  • Larsen & Toubro logoLarsen & ToubroLT · Construction₹3,837.10+0.94%₹5,27,945 Cr29.609.2%0.99%−3.1%
  • Adani Ports and Special Economic Zone logoAdani Ports and Special Economic ZoneADANIPORTS · Transport Infrastructure₹1,872.00+6.29%₹4,31,301 Cr–11.5%0.40%+28.7%
  • Adani Power logoAdani PowerADANIPOWER · Power₹191.20+3.58%₹3,68,723 Cr20.2014.6%None+18.0%
  • UltraTech Cement logoUltraTech CementULTRACEMCO · Cement & Cement Products₹11,175.00+0.64%₹3,29,304 Cr37.4012.7%2.15%−6.9%
  • NTPC logoNTPCNTPC · Power₹310.50+2.22%₹3,01,081 Cr10.808.1%2.90%−10.6%
  • Oil & Natural Gas Corporation logoOil & Natural Gas CorporationONGC · Oil₹225.79+0.40%₹2,84,050 Cr6.5010.0%5.87%−11.7%
  • Power Grid Corporation of India logoPower Grid Corporation of IndiaPOWERGRID · Power₹260.00+3.42%₹2,41,816 Cr15.2010.2%3.46%−12.0%
  • Adani Green Energy logoAdani Green EnergyADANIGREEN · Power₹1,307.00+2.99%₹2,15,286 Cr114.906.3%None+17.5%
  • Grasim Industries logoGrasim IndustriesGRASIM · Cement & Cement Products₹2,932.80+1.13%₹1,99,601 Cr35.104.7%0.34%−0.9%
  • Indian Oil Corporation logoIndian Oil CorporationIOC · Petroleum Products₹130.41+0.20%₹1,84,155 Cr5.5013.8%6.33%−20.0%
  • InterGlobe Aviation logoInterGlobe AviationINDIGO · Transport Services₹4,675.00−0.32%₹1,80,767 Cr–−4.0%None−19.6%
  • DLF logoDLFDLF · Realty₹694.35+4.21%₹1,71,873 Cr37.601.8%1.15%−10.8%
  • Samvardhana Motherson International logoSamvardhana Motherson InternationalMOTHERSON · Auto Components₹160.00−0.21%₹1,68,871 Cr38.6012.2%0.38%+48.5%

Changes to the list

Each list of the index's companies against the one before it. The date is the list's own, the day the new list was published.

30 Sep 2026against the list of 8 Sep 2026

2 joined · 2 left

Funds that follow the Nifty Infrastructure

2 index funds and ETFs track the Nifty Infrastructure; 11 other funds use it as their benchmark.

NAV of 27 Oct 2026

About the Nifty Infrastructure

Nifty Infrastructure is an index of up to 30 companies listed on NSE that belong to telecom, power, ports, air, roads, railways, shipping and other utility services. It is maintained by NSE Indices Limited.

How companies are chosen

A company must be part of the Nifty 500 at the time of review, must belong to the infrastructure sector, and must be allowed to trade in the F&O segment. Its trading frequency must be at least 90% in the last six months.

A company not yet in the index is added only if its free-float market capitalisation is at least 1.5 times that of the smallest member. Where fewer than 10 eligible stocks in a sector sit within the Nifty 500, the shortfall is drawn from the top 800 stocks.

The eligible basic industries range from power, ports, roads, railway wagons, shipping, refineries, cement, civil construction and oil exploration to telecom services, and also take in hospitals and education.

How it is weighted

Each stock is weighted by its free-float market capitalisation, with no single stock above 20% at the time of rebalancing. The 20% cap and the limit of 30 companies apply from 27 Sep 2019; the cap was 34% before.

The 20% cap is reapplied each quarter, on the last trading day of Mar, Jun, Sep and Dec. Between those dates a stock's weight can rise above it as prices move.

When it is reviewed

The index is rebalanced semi-annually. The cut-off dates are 31 Jan and 31 Jul, and the average data for the six months ending the cut-off date is used. The market gets four weeks' prior notice of a change.

Base date and value

The index launched on 7 Aug 2007. Its base date is 1 Jan 2004 and its base value is 1000.

Published by
NSE
Kind
Theme
Companies
30
List last changed
30 Sep 2026
Above 200-day average
8 of 30