Nifty500 Momentum 50 stocks list
NSEStrategy50 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
- 27.41
- 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.
- 5.70
- 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.
- 0.55%
- 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
- −1.79%
- 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
- −1.49%
- 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
- −3.77%
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 6% of 598 trading days over the last 3 years.
At or below today's level on 8% of 247 trading days over the last 1 year.
P/E at each month's last trading day, and on 29 Oct 2026
What the Nifty500 Momentum 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.
- +25.3%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.
- ₹34,154 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.
- 16.3%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 Nifty500 Momentum 50, each sized by its market cap.
Market cap, ₹ crore
- Adani Power₹3,68,723 Cr
- Hindalco Industries₹1,99,172 Cr
- Shriram Finance₹1,97,915 Cr
- Torrent Pharmaceuticals₹1,74,208 Cr
- Adani Energy Solutions₹1,66,933 Cr
- BSE₹1,42,841 Cr
- Bharat Heavy Electricals₹1,39,962 Cr
- ABB India₹1,38,376 Cr
- Vodafone Idea₹1,31,312 Cr
- CG Power and Industrial Solutions₹1,30,732 Cr
- Hitachi Energy India₹1,25,360 Cr
- Cummins India₹1,25,161 Cr
Companies in the Nifty500 Momentum 50
Largest first, by market cap.
Shriram FinanceSHRIRAMFIN · Finance₹841.10+1.03%₹1,97,915 Cr15.60Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.1.49%+13.9%
Torrent PharmaceuticalsTORNTPHARM · Pharmaceuticals & Biotechnology₹4,580.00+0.50%₹1,74,208 Cr82.0012.0%0.83%+27.2%
CG Power and Industrial SolutionsCGPOWER · Electrical Equipment₹829.80−0.30%₹1,30,732 Cr95.0017.7%0.16%+10.8%
Hitachi Energy IndiaPOWERINDIA · Electrical Equipment₹28,125.00−1.09%₹1,25,360 Cr109.0025.4%0.03%+60.9%
Laurus LabsLAURUSLABS · Pharmaceuticals & Biotechnology₹2,244.00+2.85%₹1,21,246 Cr110.9019.8%0.09%+133.3%
Aditya Birla CapitalABCAPITAL · Finance₹358.35+0.66%₹98,109 Cr23.90Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.None+15.3%
The Federal BankFEDERALBNK · Banks₹347.75+0.51%₹85,987 Cr16.60Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.0.35%+48.0%
Multi Commodity Exchange of IndiaMCX · Capital Markets₹3,231.00+1.58%₹82,388 Cr53.4063.7%0.25%+76.1%
Glenmark PharmaceuticalsGLENMARK · Pharmaceuticals & Biotechnology₹2,339.00+1.70%₹66,012 Cr36.7039.8%0.11%+26.9%
Bank of MaharashtraMAHABANK · Banks₹81.00+1.31%₹62,302 Cr7.80Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.2.72%+35.5%
National Aluminium CompanyNATIONALUM · Non - Ferrous Metals₹323.500.00%₹59,415 Cr8.8038.9%3.55%+35.9%
RBL BankRBLBANK · Banks₹360.90+3.13%₹55,999 Cr46.50Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.0.28%+11.5%
Navin Fluorine InternationalNAVINFLUOR · Chemicals & Petrochemicals₹8,260.50−2.83%₹42,383 Cr53.7020.7%0.18%+65.9%
Karur Vysya BankKARURVYSYA · Banks₹354.50+1.23%₹34,270 Cr11.60Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.0.73%+42.6%
Acutaas ChemicalsACUTAAS · Pharmaceuticals & Biotechnology₹3,976.70+7.19%₹32,558 Cr74.1030.2%0.06%+135.4%
Sai Life SciencesSAILIFE · Pharmaceuticals & Biotechnology₹1,495.70+0.57%₹31,771 Cr87.8018.7%None+63.2%
Schneider Electric InfrastructureSCHNEIDER · Electrical Equipment₹1,130.70−1.38%₹27,035 Cr147.1024.7%None+32.5%
The Great Eastern Shipping CompanyGESHIP · Transport Services₹1,618.80+3.78%₹23,111 Cr6.2016.2%2.61%+51.0%
Granules IndiaGRANULES · Pharmaceuticals & Biotechnology₹837.35−0.37%₹22,841 Cr34.5015.1%0.21%+46.6%
Gujarat Mineral Development CorporationGMDCLTD · Minerals & Mining₹438.75+0.55%₹13,952 Cr14.604.6%2.17%−25.8%
Funds that follow the Nifty500 Momentum 50
7 index funds and ETFs track the Nifty500 Momentum 50; 1 other fund uses it as its benchmark.Nifty500 Momentum 50 index funds and ETFs
Nippon India Nifty 500 Momentum 50 Index FundIndex Fund · Nippon India Mutual FundNAV₹8.04191Y−4.41%3Y–5Y–Size₹1,281 CrCost0.60%
Motilal Oswal Nifty 500 Momentum 50 Index FundIndex Fund · Motilal Oswal Mutual FundNAV₹7.95601Y−5.30%3Y–5Y–Size₹804 CrCost0.79%- Motilal Oswal Nifty 500 Momentum 50 ETFETF · Motilal Oswal Mutual FundNAV₹50.80791Y−5.23%3Y–5Y–Size₹396 CrCost0.88%
Axis Nifty500 Momentum 50 Index FundIndex Fund · Axis Mutual FundNAV₹10.60941Y−4.84%3Y–5Y–Size₹171 CrCost0.58%
Bandhan Nifty 500 Momentum 50 Index FundIndex Fund · Bandhan Mutual FundNAV₹8.58101Y−5.19%3Y–5Y–Size₹37 CrCost0.80%
Groww Nifty 500 Momentum 50 ETFETF · Groww Mutual FundNAV₹10.28171Y−5.09%3Y–5Y–Size₹29 CrCost0.81%
Kotak Nifty500 Momentum 50 Index FundIndex Fund · Kotak Mahindra Mutual FundNAV₹9.70301Y–3Y–5Y–Size₹26 CrCost0.68%
About the Nifty500 Momentum 50
The Nifty500 Momentum 50 Index tracks the top 50 companies within the Nifty 500, selected on a Normalized Momentum Score built from 6-month and 12-month price return, adjusted for volatility. It is maintained by NSE Indices Limited.
How companies are chosen
Stocks in the Nifty 500 at the time of a review are eligible, with a minimum listing history of 1 year. A stock not yet in the index and outside the Futures & Options (F&O) segment cannot be added if the number of times it hit its upper or lower price limit in the past 6 months was 20% or more of trading days.
A company with more than 20% of promoters' shares pledged cannot be added to the index, nor can a stock in the bottom 10 percentile by 6-month average daily turnover or by turnover ratio.
The 50 eligible stocks with the highest Normalized Momentum Score are selected.
How it is weighted
A stock's momentum ratio is its price return divided by the annualised standard deviation of its daily returns over 1 year, taken for both 12 months and 6 months. Each ratio is converted to a Z score against the mean and standard deviation of the eligible stocks, and the two Z scores are averaged 50% each.
The Normalized Momentum Score is 1 plus the weighted average Z score when that is zero or above, and 1 divided by (1 minus the Z score) when it is below zero, so the score stays positive.
Each stock's weight is its free-float market capitalization (market capitalization of the floating stock, the shares available for trading) multiplied by its Normalized Momentum Score. A stock is capped at the lower of 5% or 5 times its weight in an index based only on free-float market capitalization, and the cap is applied at each semi-annual rebalancing.
When it is reviewed
The index is reconstituted in Jun and Dec. The cut-off dates are 31 May and 30 Nov, and average data for the six months ending the cut-off date is used. Four weeks of prior notice is given.
A buffer on score ranks limits turnover. A current member ranked within the top 75 stays. A non-member ranked within the top 25 is added in place of the lowest-scoring member, and a member ranked beyond 75 is removed.
A stock that leaves the Nifty 500 also leaves the index at the next review. If a member is removed from the Nifty 500 through a corporate action or suspension, an extra reconstitution is started before then.
Base date and value
The index has a base date of 1 Apr 2005 and a base value of 1000. It was launched on 4 Jun 2024.
- Published by
- NSE
- Kind
- Strategy
- 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
- 30 of 50
Strategy indices
Others in this group, the most used as a fund's benchmark first.All
Nifty Alpha Low-Volatility 3030 companiesP/E 23.35
Nifty Midcap150 Momentum 5050 companiesP/E 24.54- Nifty50 Value 2020 companiesP/E 13.98
Nifty Smallcap250 Momentum Quality 100100 companiesP/E 24.89- Nifty500 Value 5050 companiesP/E 9.60
BSE Quality Index30 companiesP/E 27.31
Nifty Alpha 5050 companiesP/E 25.26- Nifty100 Equal Weight100 companiesP/E 18.73
- BSE Low Volatility Index30 companiesP/E 25.22
- BSE Midcap 150 Momentum 3030 companiesP/E 23.75