Nifty MidSmall IT & Telecom stocks list
NSESector20 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
- 29.96
- 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.
- 5.73
- 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.
- 1.47%
- 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
- +6.63%
- 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
- +8.51%
- 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
- −0.11%
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 16% of 660 trading days over the last 3 years.
At or below today's level on 42% 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 MidSmall IT & Telecom 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 19 companies that filed both.
- +23.2%quarter to Jun 2026
- ProfitProfit after tax, added up. Profit after tax of the quarter to Jun 2026, added up over the 20 companies that filed it; a loss counts as negative.
- ₹7,697 Crquarter to Jun 2026
- Filed the quarterCompanies that filed the quarter. How many of the index's 20 listed companies have filed results for the quarter to Jun 2026; the revenue growth and the profit are theirs.
- 20of 20
- 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.
- 22.4%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 MidSmall IT & Telecom, each sized by its market cap.
Market cap, ₹ crore
- Indus Towers₹1,01,648 Cr
- Persistent Systems₹92,008 Cr
- Coforge₹88,475 Cr
- Oracle Financial Services Software₹86,475 Cr
- Bharti Hexacom₹83,295 Cr
- MphasiS₹49,998 Cr
- Tata Communications₹48,849 Cr
- L&T Technology Services₹44,283 Cr
- HFCL₹38,282 Cr
- Hexaware Technologies₹34,788 Cr
- Inventurus Knowledge Solutions₹29,219 Cr
- Tata Technologies₹26,688 Cr
Companies in the Nifty MidSmall IT & Telecom
Largest first, by market cap.
Oracle Financial Services SoftwareOFSS · IT - Software₹9,928.00+0.15%₹86,475 Cr24.2060.1%4.03%+14.2%
Funds that follow the Nifty MidSmall IT & Telecom
1 index fund or ETF tracks the Nifty MidSmall IT & Telecom.
Motilal Oswal Nifty MidSmall IT and Telecom Index FundIndex Fund · Motilal Oswal Mutual FundNAV₹9.87741Y+0.06%3Y–5Y–Size₹51 CrCost0.95%
About the Nifty MidSmall IT & Telecom
The Nifty MidSmall IT & Telecom tracks the performance of the mid cap and small cap stocks within the information technology and telecommunication sector. It includes up to 20 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 without futures and options (F&O) contracts is ineligible if it hit the upper or lower circuit (price band) on 20% or more of the trading days in the past 6 months as of the cut-off date; each time a stock hits either circuit on a trading day counts as one instance.
Eligible stocks in the sector are sorted by their 6-month average free-float market capitalization, and 20 are selected, subject to availability. If fewer than 20 stocks are eligible, the index continues with the number available.
How it is weighted
Each stock is weighted by its free float market capitalization. A stock is capped at 33% and the top 3 stocks together at 62% at rebalancing; the capping is done on the last trading day of Mar, Jun, Sep and Dec.
When it is reviewed
The cut-off dates are 31 Jan and 31 Jul each year, using average data for the six months ending on that date, with four weeks' notice to the market before a change. The index is reconstituted with its parent index in Mar and Sep.
A stock outside the index replaces the smallest constituent if its free-float market capitalization is at least 1.5 times that constituent's. An ad-hoc reconstitution follows if a constituent leaves the Nifty MidSmallcap 400 or is suspended, delisted or undergoes a scheme of arrangement.
Base date and value
The index was launched on 3 Aug 2022. Its base date is 1 Apr 2005 and its base value is 1000.
- Published by
- NSE
- Kind
- Sector
- 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
- 20
- 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
- 13 of 20
Sector indices
Others in this group, the most used as a fund's benchmark first.All
- Nifty500 Healthcare44 companiesP/E 44.93
BSE Auto21 companiesP/E 31.36
BSE Capital Goods34 companiesP/E 45.79- BSE Capital Markets23 companiesP/E 37.95
BSE Commodities211 companiesP/E 18.92
BSE Consumer Discretionary409 companiesP/E 48.36
BSE Consumer Durables10 companiesP/E 53.99- BSE Energy37 companiesP/E 11.91
BSE Fast Moving Consumer Goods114 companiesP/E 30.10
BSE Focused IT14 companiesP/E 21.53