Nifty Midcap 50 stocks list
NSEBroad market50 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
- 27.83
- 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.
- 3.56
- 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.
- 0.90%
- 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
- −6.07%
- 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
- −8.49%
- 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
- −2.96%
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 32% of 2,389 trading days over the last 10 years.
At or below today's level on 44% of 1,239 trading days over the last 5 years.
At or below today's level on 14% of 743 trading days over the last 3 years.
At or below today's level on 0.4% 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 Midcap 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 48 companies that filed both.
- +18.5%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.
- ₹24,158 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 43 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.
- 15.4%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 Midcap 50, each sized by its market cap.
Market cap, ₹ crore
- Bharat Heavy Electricals₹1,39,248 Cr
- Laurus Labs₹1,15,735 Cr
- The Indian Hotels Company₹1,15,704 Cr
- Hero MotoCorp₹1,04,444 Cr
- Mankind Pharma₹1,03,365 Cr
- One 97 Communications₹1,02,760 Cr
- GE Vernova T&D India₹1,01,907 Cr
- Indus Towers₹1,01,648 Cr
- Marico₹1,00,915 Cr
- FSN E-Commerce Ventures₹97,214 Cr
- GMR Airports₹95,394 Cr
- Aurobindo Pharma₹93,643 Cr
Companies in the Nifty Midcap 50
Largest first, by market cap.
Laurus LabsLAURUSLABS · Pharmaceuticals & Biotechnology₹2,142.00+4.04%₹1,15,735 Cr105.9019.8%0.09%+127.8%
Mankind PharmaMANKIND · Pharmaceuticals & Biotechnology₹2,502.50+8.24%₹1,03,365 Cr46.0013.6%None+3.6%
One 97 CommunicationsPAYTM · Financial Technology (Fintech)₹1,601.60−3.21%₹1,02,760 Cr120.201.3%None+22.6%
Aurobindo PharmaAUROPHARMA · Pharmaceuticals & Biotechnology₹1,627.50+2.36%₹93,643 Cr25.2011.5%None+48.7%
The Federal BankFEDERALBNK · Banks₹341.60−0.81%₹84,467 Cr16.30Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.0.35%+46.0%
Ashok LeylandASHOKLEY · Agricultural, Commercial & Construction Vehicles₹142.00+0.07%₹83,409 Cr24.0011.9%2.46%+0.8%
Multi Commodity Exchange of IndiaMCX · Capital Markets₹3,186.80+2.41%₹81,261 Cr52.7063.7%0.25%+71.2%
ICICI Lombard General Insurance CompanyICICIGI · Insurance₹1,576.20−0.24%₹78,749 Cr30.80Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.0.89%−20.7%
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%
IndusInd BankINDUSINDBK · Banks₹833.30−1.33%₹64,926 Cr21.60Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.0.18%+8.2%
Glenmark PharmaceuticalsGLENMARK · Pharmaceuticals & Biotechnology₹2,265.70+1.79%₹63,944 Cr35.6039.8%0.11%+25.0%
AU Small Finance BankAUBANK · Banks₹848.00−2.42%₹63,716 Cr20.20Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.0.12%−1.9%
IDFC First BankIDFCFIRSTB · Banks₹71.36−0.53%₹61,532 Cr20.50Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.0.35%−8.5%
National Aluminium CompanyNATIONALUM · Non - Ferrous Metals₹308.20−1.34%₹56,605 Cr8.4038.9%3.73%+29.6%
Yes BankYESBANK · Banks₹15.90+0.25%₹49,909 Cr11.90Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.None−30.2%
Funds that follow the Nifty Midcap 50
3 index funds and ETFs track the Nifty Midcap 50.
Axis Nifty Midcap 50 Index FundIndex Fund · Axis Mutual FundNAV₹19.97621Y−2.68%3Y+14.30%5Y–Size₹744 CrCost0.37%
Kotak Nifty Midcap 50 ETFETF · Kotak Mahindra Mutual FundNAV₹16.77231Y–3Y–5Y–Size₹207 CrCost0.35%- Kotak Nifty Midcap 50 Index FundIndex Fund · Kotak Mahindra Mutual FundNAV₹10.10001Y−2.78%3Y–5Y–Size₹83 CrCost0.47%
About the Nifty Midcap 50
The Nifty Midcap 50 captures the movement of the midcap segment of the market through 50 companies drawn from the Nifty Midcap 150. The index is maintained by NSE Indices Limited.
How companies are chosen
Members come from the Nifty Midcap 150, which holds the companies ranked 101 to 250 by full market capitalisation in the Nifty 500. Of those, the 100 ranking highest on both average daily full market capitalization and average daily turnover over the previous six months are eligible.
From the eligible companies, the 50 with the higher six-month average free float market capitalization are selected, with a preference to companies in NSE’s Futures & Options (F&O) segment.
An F&O company in the Nifty Midcap 150 is added if its six-month average free float market capitalization ranks among the top 30. A non-F&O stock is added if its free float market capitalization is at least 1.5 times that of the smallest non-F&O member. An eligible F&O stock outside the index replaces the smallest non-F&O member.
A member is dropped if its six-month average free float rank falls below 70 within the eligible 100, if it ranks beyond 100 in the Nifty Midcap 150 on six-month average full market capitalization or turnover, or if it leaves the Nifty Midcap 150.
How it is weighted
Each company is weighted by its free float market capitalization: the index level reflects the total free float market value of its stocks relative to a base market capitalization value. Free float refers to the shares normally expected to be available for trading in the market.
When it is reviewed
The index is reviewed semi-annually on data for the six months to Jan and Jul. Replacements take effect from the last trading day of Mar and Sep respectively.
Base date and value
The base date is 1 Jan 2004 and the base value is 1000.
- Published by
- NSE
- Kind
- Broad market
- 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
- 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
- 14 of 50
Broad market indices
Others in this group, the most used as a fund's benchmark first.All
- Nifty Smallcap 5050 companiesP/E 32.50
Nifty Midcap 100100 companiesP/E 25.98
BSE 10001,003 companiesP/E 21.82- BSE MidCap Select Index30 companiesP/E 36.51
Nifty Microcap 250251 companiesP/E 24.57
Nifty MidSmallcap 400400 companiesP/E 28.12- Nifty MidSmallcap400 50:50400 companiesP/E 28.88
- BSE 100 LargeCap TMC Index100 companiesP/E 19.46
- BSE 250 MicroCap252 companiesP/E 24.33
- BSE 400 MidSmallCap Index401 companiesP/E 28.68