Nifty Midcap Select stocks list
NSEBroad market25 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
- 26.43
- 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.
- 3.98
- 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.
- 0.80%
- 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
- −3.56%
- 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
- −8.63%
- 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
- −0.60%
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 17% of 1,239 trading days over the last 5 years.
At or below today's level on 15% of 744 trading days over the last 3 years.
At or below today's level on 2% of 247 trading days over the last 1 year.
P/E at each month's last trading day, and on 28 Oct 2026
What the Nifty Midcap Select 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 25 companies that filed both.
- +10.6%quarter to Jun 2026
- ProfitProfit after tax, added up. Profit after tax of the quarter to Jun 2026, added up over the 25 companies that filed it; a loss counts as negative.
- ₹31,820 Crquarter to Jun 2026
- Filed the quarterCompanies that filed the quarter. How many of the index's 25 listed companies have filed results for the quarter to Jun 2026; the revenue growth and the profit are theirs.
- 25of 25
- Median ROCEMedian return on capital employed. The middle figure of the 19 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.
- 17.3%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 Midcap Select, each sized by its market cap.
Market cap, ₹ crore
- Life Insurance Corporation of India₹4,95,184 Cr
- Bharat Heavy Electricals₹1,41,128 Cr
- The Indian Hotels Company₹1,14,615 Cr
- Indian Bank₹1,13,118 Cr
- Hero MotoCorp₹1,06,525 Cr
- One 97 Communications₹1,04,678 Cr
- GE Vernova T&D India₹1,03,955 Cr
- Marico₹1,00,070 Cr
- Indus Towers₹98,403 Cr
- Aurobindo Pharma₹94,638 Cr
- Lupin₹90,210 Cr
- Bharat Forge₹86,006 Cr
Companies in the Nifty Midcap Select
Largest first, by market cap.
Life Insurance Corporation of IndiaLICI · Insurance₹391.45+0.97%₹4,95,184 Cr8.20Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.2.55%−13.0%
Indian BankINDIANB · Banks₹839.80−0.02%₹1,13,118 Cr8.60Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.2.17%−1.5%
One 97 CommunicationsPAYTM · Financial Technology (Fintech)₹1,631.50+1.87%₹1,04,678 Cr122.401.3%None+24.6%
Aurobindo PharmaAUROPHARMA · Pharmaceuticals & Biotechnology₹1,644.80+1.06%₹94,638 Cr25.5011.5%None+49.6%
The Federal BankFEDERALBNK · Banks₹346.00+1.29%₹85,555 Cr16.50Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.0.35%+46.7%
Ashok LeylandASHOKLEY · Agricultural, Commercial & Construction Vehicles₹144.85+2.01%₹85,083 Cr24.5011.9%2.42%+3.4%
Multi Commodity Exchange of IndiaMCX · Capital Markets₹3,180.60−0.19%₹81,103 Cr52.6063.7%0.25%+74.4%
IndusInd BankINDUSINDBK · Banks₹851.00+2.12%₹66,305 Cr22.10Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.0.18%+6.4%
AU Small Finance BankAUBANK · Banks₹879.10+3.67%₹66,053 Cr20.90Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.0.11%−0.1%
Yes BankYESBANK · Banks₹15.61−1.82%₹48,998 Cr11.70Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.None−31.3%
About the Nifty Midcap Select
The Nifty Midcap Select is an index of 25 liquid midcap stocks chosen from the Nifty Midcap 150. It is maintained by NSE Indices Limited.
How companies are chosen
A stock is eligible if it is in the Nifty Midcap 150 at the time of the review and is available for trading on the Futures & Options segment of NSE on the review date.
The five stocks with the highest 6-month average full market capitalization are selected first. The next 20 are chosen from the rest: stocks are reranked on 6-month average full market capitalization and average daily turnover, those in the top 50 by both are ranked by 6-month average free-float market capitalization, and the top 20 of that reranked universe join.
An existing member is excluded if its free-float rank in the reranked universe falls beyond 30. A new eligible stock in the reranked universe enters if its 6-month average free-float market capitalization is at least 1.5 times that of the smallest member.
How it is weighted
Each stock is weighted by its free-float market capitalization, which rests on the floating stock, a number of shares expected to be available for trading in the market.
When it is reviewed
The index is reconstituted in Mar and Sep, on data for the six months ending Jan and Jul respectively.
An unscheduled reconstitution follows if a member undergoes a corporate action or suspension, or stops trading on the F&O segment.
Base date and value
The index has a base date of 3 Oct 2005 and a base value of 1000. It was launched on 14 Sep 2021.
- 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
- 25
- 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
- 9 of 25
Broad market indices
Others in this group, the most used as a fund's benchmark first.All
Nifty 500500 companiesP/E 20.91- BSE 500501 companiesP/E 21.64
Nifty Midcap 150150 companiesP/E 26.55
Nifty 5050 companiesP/E 18.99
Nifty Smallcap 250250 companiesP/E 31.84- Nifty LargeMidcap 250250 companiesP/E 21.83
India VIXVolatility- Nifty Next 100100 companiesP/E 21.88
- Nifty Smallcap 500501 companiesP/E 29.52
Nifty500 LargeMidSmall Equal-Cap Weighted500 companiesP/E 24.36