Nifty MidSmall Healthcare logo

Nifty MidSmall Healthcare stocks list

NSESector30 companies

P/E
44.11
P/B
5.28
Dividend yield
0.38%
1M
−4.46%
3M
−2.39%
1Y
+13.75%

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, 5 years44.11

At or below today's level on 50% of 1,048 trading days over the last 5 years.

LowestHighest
Its median44.06
P/E, 3 years44.11

At or below today's level on 30% of 743 trading days over the last 3 years.

LowestHighest
Its median45.75
P/E, 1 year44.11

At or below today's level on 64% of 247 trading days over the last 1 year.

LowestHighest
Its median42.79

P/E at each month's last trading day, and on 27 Oct 2026

55.7931.0744.11Jul 16Feb 23Sep 23Apr 24Nov 24Jun 25Jan 26Oct 26

What the Nifty MidSmall Healthcare 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
+18.8%quarter to Jun 2026
Profit
₹8,037 Crquarter to Jun 2026
Filed the quarter
30of 30
Median ROCE
13.0%year to Mar 2026

Revenue against the same quarter a year earlier, per cent

13Mar 2411Jun 248.4Sep 248.2Dec 2411Mar 2510Jun 2519Sep 2514Dec 2515Mar 2619Jun 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

3,538Mar 2411,989Jun 246,643Sep 246,107Dec 246,326Mar 256,549Jun 258,351Sep 256,545Dec 258,043Mar 268,037Jun 26
Largest profit ₹11,989 Cr, quarter to Jun 2024.

The largest companies

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

Market cap, ₹ crore

  • Laurus Labs₹1,15,735 Cr
  • Mankind Pharma₹1,03,365 Cr
  • Aurobindo Pharma₹93,643 Cr
  • Lupin₹89,263 Cr
  • Glenmark Pharmaceuticals₹63,944 Cr
  • Alkem Laboratories₹60,715 Cr
  • Aster DM Quality Care₹57,774 Cr
  • Fortis Healthcare₹55,603 Cr
  • Abbott India₹54,218 Cr
  • Biocon₹54,179 Cr
  • IPCA Laboratories₹50,254 Cr
  • Gland Pharma₹48,848 Cr

Companies in the Nifty MidSmall Healthcare

Largest first, by market cap.Healthcare sector

  • Laurus Labs logoLaurus LabsLAURUSLABS · Pharmaceuticals & Biotechnology₹2,142.00+4.04%₹1,15,735 Cr105.9019.8%0.09%+127.8%
  • Mankind Pharma logoMankind PharmaMANKIND · Pharmaceuticals & Biotechnology₹2,502.50+8.24%₹1,03,365 Cr46.0013.6%None+3.6%
  • Aurobindo Pharma logoAurobindo PharmaAUROPHARMA · Pharmaceuticals & Biotechnology₹1,627.50+2.36%₹93,643 Cr25.2011.5%None+48.7%
  • Lupin logoLupinLUPIN · Pharmaceuticals & Biotechnology₹1,952.00−0.40%₹89,263 Cr16.1028.2%0.92%+1.5%
  • Glenmark Pharmaceuticals logoGlenmark PharmaceuticalsGLENMARK · Pharmaceuticals & Biotechnology₹2,265.70+1.79%₹63,944 Cr35.6039.8%0.11%+25.0%
  • Alkem Laboratories logoAlkem LaboratoriesALKEM · Pharmaceuticals & Biotechnology₹5,078.00+0.95%₹60,715 Cr28.1016.5%1.04%−7.3%
  • Aster DM Quality Care logoAster DM Quality CareASTERDM · Healthcare Services₹662.80+2.44%₹57,774 Cr181.3012.4%0.45%−5.0%
  • Fortis Healthcare logoFortis HealthcareFORTIS · Healthcare Services₹736.50+0.25%₹55,603 Cr53.1012.7%0.14%−30.0%
  • Abbott India logoAbbott IndiaABBOTINDIA · Pharmaceuticals & Biotechnology₹25,515.00+1.15%₹54,218 Cr33.6039.6%2.57%−14.3%
  • Biocon logoBioconBIOCON · Pharmaceuticals & Biotechnology₹332.45+1.11%₹54,179 Cr109.402.9%0.15%−7.8%
  • IPCA Laboratories logoIPCA LaboratoriesIPCALAB · Pharmaceuticals & Biotechnology₹1,980.80+2.18%₹50,254 Cr38.4017.6%0.30%+52.6%
  • Gland Pharma logoGland PharmaGLAND · Pharmaceuticals & Biotechnology₹2,960.30+4.09%₹48,848 Cr43.3012.4%0.68%+54.3%
  • Anthem Biosciences logoAnthem BiosciencesANTHEM · Pharmaceuticals & Biotechnology₹837.15+1.81%₹47,176 Cr81.9021.2%0.24%+14.5%
  • Ajanta Pharma logoAjanta PharmaAJANTPHARM · Pharmaceuticals & Biotechnology₹3,353.60−0.81%₹41,906 Cr36.9027.2%1.79%+40.1%
  • GlaxoSmithKline Pharmaceuticals logoGlaxoSmithKline PharmaceuticalsGLAXO · Pharmaceuticals & Biotechnology₹2,472.40+1.08%₹41,884 Cr39.2056.3%2.31%−8.0%

Funds that follow the Nifty MidSmall Healthcare

3 index funds and ETFs track the Nifty MidSmall Healthcare.

NAV of 27 Oct 2026

About the Nifty MidSmall Healthcare

Nifty MidSmall Healthcare tracks the mid cap and small cap stocks within the healthcare sector. It includes up to 30 stocks, selected from the Nifty MidSmallcap 400, and is maintained by NSE Indices Limited.

How companies are chosen

Stocks in the Nifty MidSmallcap 400 at the time of review are eligible. A stock outside the futures and options segment that hit the circuit filter on at least 20% of trading days in the past 6 months is ineligible.

Eligible healthcare stocks are ranked by 6-month average free-float market capitalization (the market value of the shares normally available for trading, excluding promoter holdings), and 30 are selected. A stock not in the index joins only if its free-float market capitalization is at least 1.5 times that of the smallest constituent, which it replaces.

If fewer than 30 eligible stocks exist, the index continues with the number available.

How it is weighted

Each stock is weighted by its free float market capitalization. At rebalancing, no stock may exceed 33% and the top 3 stocks together may not exceed 62%, with capping applied on the last trading day of Mar, Jun, Sep and Dec.

When it is reviewed

The index is reconstituted semi-annually, in Mar and Sep along with the Nifty MidSmallcap 400, and rebalanced quarterly. The cut-off dates are 31 Jan and 31 Jul, using average data for six months. Changes are announced four weeks before they take effect.

Additional reconstitution and rebalancing happens if a constituent is excluded from the Nifty MidSmallcap 400 or is suspended, delisted or undergoes a scheme of arrangement.

Base date and value

The index has a base date of 1 Apr 2005 and a base value of 1000 points. It was launched on 3 Aug 2022.

Published by
NSE
Kind
Sector
Companies
30
List last changed
9 Oct 2026
Above 200-day average
18 of 30