Nifty Top 15 Equal Weight logo

Nifty Top 15 Equal Weight stocks list

NSEStrategy15 companies

P/E
17.82
P/B
2.98
Dividend yield
1.70%
1M
+0.76%
3M
−4.35%
1Y
−14.95%

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, 1 year17.82

At or below today's level on 3% of 247 trading days over the last 1 year.

LowestHighest
Its median19.79

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

23.6417.7717.82Apr 23Jan 25May 25Sep 25Jan 26May 26Oct 26

What the Nifty Top 15 Equal Weight 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
+14.7%quarter to Jun 2026
Profit
₹1,56,420 Crquarter to Jun 2026
Filed the quarter
15of 15
Median ROCE
21.1%year to Mar 2026

Revenue against the same quarter a year earlier, per cent

25Mar 2421Jun 2410Sep 249.3Dec 248.8Mar 2510.0Jun 257.5Sep 2512Dec 259.2Mar 2615Jun 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

1,31,642Mar 241,26,217Jun 241,28,486Sep 241,43,713Dec 241,59,695Mar 251,47,112Jun 251,40,443Sep 251,44,518Dec 251,50,356Mar 261,56,420Jun 26
Largest profit ₹1,59,695 Cr, quarter to Mar 2025.

The largest companies

The 12 largest companies in the Nifty Top 15 Equal Weight, each sized by its market cap.

Market cap, ₹ crore

  • Reliance Industries₹16,18,762 Cr
  • Bharti Airtel₹12,35,000 Cr
  • HDFC Bank₹10,48,773 Cr
  • ICICI Bank₹9,95,620 Cr
  • Tata Consultancy Services₹9,03,400 Cr
  • State Bank of India₹8,72,400 Cr
  • Bajaj Finance₹5,67,807 Cr
  • Larsen & Toubro₹5,04,279 Cr
  • Infosys₹4,71,978 Cr
  • Kotak Mahindra Bank₹4,40,194 Cr
  • Hindustan Unilever₹4,27,156 Cr
  • Axis Bank₹3,75,418 Cr

Companies in the Nifty Top 15 Equal Weight

Largest first, by market cap.

  • Reliance Industries logoReliance IndustriesRELIANCE · Petroleum Products₹1,196.20−0.47%₹16,18,762 Cr21.708.5%0.50%−19.4%
  • Bharti Airtel logoBharti AirtelBHARTIARTL · Telecom - Services₹1,978.80+3.20%₹12,35,000 Cr42.7022.2%1.21%−4.9%
  • HDFC Bank logoHDFC BankHDFCBANK · Banks₹680.20−1.14%₹10,48,773 Cr13.10Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.1.91%−32.2%
  • ICICI Bank logoICICI BankICICIBANK · Banks₹1,386.90−1.15%₹9,95,620 Cr16.90Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.0.87%+0.7%
  • Tata Consultancy Services logoTata Consultancy ServicesTCS · IT - Software₹2,496.90−1.50%₹9,03,400 Cr17.5058.0%4.49%−19.1%
  • State Bank of India logoState Bank of IndiaSBIN · Banks₹945.10−1.63%₹8,72,400 Cr10.10Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.1.84%+2.4%
  • Bajaj Finance logoBajaj FinanceBAJFINANCE · Finance₹912.00−0.73%₹5,67,807 Cr26.20Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.0.66%−15.9%
  • Larsen & Toubro logoLarsen & ToubroLT · Construction₹3,665.10−0.40%₹5,04,279 Cr28.209.2%1.04%−6.6%
  • Infosys logoInfosysINFY · IT - Software₹1,163.00−0.26%₹4,71,978 Cr15.4039.9%2.15%−22.7%
  • Kotak Mahindra Bank logoKotak Mahindra BankKOTAKBANK · Banks₹442.50+0.40%₹4,40,194 Cr20.50Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.0.15%+3.0%
  • Hindustan Unilever logoHindustan UnileverHINDUNILVR · Diversified FMCGDemerger₹1,818.00−0.03%₹4,27,156 Cr28.6028.4%2.24%−26.4%
  • Axis Bank logoAxis BankAXISBANK · Banks₹1,205.70−1.17%₹3,75,418 Cr12.50Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.0.08%−3.9%
  • Maruti Suzuki India logoMaruti Suzuki IndiaMARUTI · Automobiles₹11,450.00+2.05%₹3,59,991 Cr26.8012.5%1.22%−30.1%
  • Mahindra & Mahindra logoMahindra & MahindraM&M · Automobiles₹2,858.40+0.19%₹3,55,450 Cr19.2013.3%1.15%−20.9%
  • ITC logoITCITC · Diversified FMCG₹260.00−0.19%₹3,25,793 Cr16.4031.9%5.58%−38.2%

Funds that follow the Nifty Top 15 Equal Weight

2 index funds and ETFs track the Nifty Top 15 Equal Weight.

NAV of 27 Oct 2026

About the Nifty Top 15 Equal Weight

The Nifty Top 15 Equal Weight is an index of the top 15 stocks in the Nifty 50 by 6-month average free-float market capitalization, which counts only floating stock, the shares normally expected to be available for trading. Each stock is equally weighted. It was developed by NSE Indices.

How companies are chosen

Only stocks in, or about to join, the Nifty 50 are eligible. The top 15 of them by 6-month average free-float market capitalization are selected.

A stock that leaves the Nifty 50 also leaves this index. A stock outside the index is added if its free-float market capitalization is at least 1.5 times that of the smallest index constituent.

How it is weighted

Each stock is equally weighted, reset quarterly from the last trading day of Mar, Jun, Sep and Dec. Weights drift between two rebalancings as stock prices move.

When it is reviewed

Membership is reconstituted twice a year, in Mar and Sep, on data for 6 months ending in Jan and Jul.

An additional, unscheduled reconstitution and rebalancing is started if a constituent undergoes a corporate action (such as a scheme of arrangement or delisting) or suspension by the exchange, or moves to the BZ series.

Base date and value

The index was launched on 15 Oct 2024.

Published by
NSE
Kind
Strategy
Companies
15
List last changed
9 Oct 2026
Above 200-day average
4 of 15