Nifty500 Multicap Momentum Quality 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
- 27.33
- 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.
- 6.74
- 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.
- 1.28%
- 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
- −4.11%
- 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
- −5.11%
- 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
- −9.76%
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 535 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 30 Oct 2026
What the Nifty500 Multicap Momentum Quality 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 47 companies that filed both.
- +26.0%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.
- ₹38,754 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 46 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.
- 25.7%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 Multicap Momentum Quality 50, each sized by its market cap.
Market cap, ₹ crore
- Bharat Electronics₹2,70,389 Cr
- Coal India₹2,39,730 Cr
- Asian Paints₹2,22,534 Cr
- Eicher Motors₹1,98,205 Cr
- Solar Industries India₹1,70,121 Cr
- BSE₹1,43,184 Cr
- ABB India₹1,35,897 Cr
- CG Power and Industrial Solutions₹1,26,668 Cr
- Cummins India₹1,23,426 Cr
- Hitachi Energy India₹1,21,348 Cr
- Polycab India₹1,17,347 Cr
- Marico₹1,04,016 Cr
Companies in the Nifty500 Multicap Momentum Quality 50
Largest first, by market cap.
Solar Industries IndiaSOLARINDS · Chemicals & Petrochemicals₹18,800.00−3.24%₹1,70,121 Cr85.4035.3%0.06%+35.2%
CG Power and Industrial SolutionsCGPOWER · Electrical Equipment₹804.00−3.11%₹1,26,668 Cr92.1017.7%0.16%+9.4%
Hitachi Energy IndiaPOWERINDIA · Electrical Equipment₹27,225.00−3.20%₹1,21,348 Cr105.5025.4%0.03%+51.8%
HDFC Asset Management CompanyHDFCAMC · Capital Markets₹2,309.50−0.31%₹99,095 Cr33.3039.7%2.34%−13.9%
Muthoot FinanceMUTHOOTFIN · Finance₹2,408.60−3.54%₹96,698 Cr8.50Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.1.25%−24.5%
Oracle Financial Services SoftwareOFSS · IT - Software₹9,995.00+0.56%₹87,058 Cr24.4060.1%4.00%+16.1%
Multi Commodity Exchange of IndiaMCX · Capital Markets₹3,188.80−1.31%₹81,312 Cr52.7063.7%0.25%+75.2%
Bank of MaharashtraMAHABANK · Banks₹81.36+0.44%₹62,578 Cr7.80Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.2.70%+39.2%
Nippon Life India Asset ManagementNAM-INDIA · Capital Markets₹905.00−2.05%₹57,924 Cr35.8041.4%2.43%+3.8%
National Aluminium CompanyNATIONALUM · Non - Ferrous Metals₹314.55−2.77%₹57,771 Cr8.6038.9%3.66%+32.1%
Motilal Oswal Financial ServicesMOTILALOFS · Capital Markets₹941.95−4.48%₹56,797 Cr21.0011.8%0.64%−8.1%
Ajanta PharmaAJANTPHARM · Pharmaceuticals & Biotechnology₹3,508.80+1.42%₹43,846 Cr34.7030.3%1.71%+42.1%
Karur Vysya BankKARURVYSYA · Banks₹356.10+0.45%₹34,425 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%+45.3%
Acutaas ChemicalsACUTAAS · Pharmaceuticals & Biotechnology₹4,003.60+0.68%₹32,778 Cr74.6030.2%0.06%+135.0%
Schneider Electric InfrastructureSCHNEIDER · Electrical Equipment₹1,091.10−3.50%₹26,089 Cr142.0024.7%None+27.8%
Himadri Speciality ChemicalHSCL · Chemicals & Petrochemicals₹509.20−5.04%₹25,693 Cr30.1015.9%0.16%+4.8%
The Great Eastern Shipping CompanyGESHIP · Transport Services₹1,593.60−1.56%₹22,751 Cr6.1016.2%2.65%+47.1%
Garden Reach Shipbuilders & EngineersGRSE · Aerospace & Defense₹1,943.70+1.07%₹22,265 Cr27.8029.8%1.01%−23.9%
Caplin Point LaboratoriesCAPLIPOINT · Pharmaceuticals & Biotechnology₹2,325.60−2.13%₹17,677 Cr26.6019.8%0.34%+14.5%
Gujarat Mineral Development CorporationGMDCLTD · Minerals & Mining₹411.65−6.18%₹13,090 Cr19.806.0%2.31%−30.8%
Funds that follow the Nifty500 Multicap Momentum Quality 50
2 index funds and ETFs track the Nifty500 Multicap Momentum Quality 50.
Edelweiss Nifty500 Multicap Momentum Quality 50 Index FundIndex Fund · Edelweiss Mutual FundNAV₹8.44091Y−9.52%3Y–5Y–Size₹608 CrCost0.70%- Edelweiss Nifty500 Multicap Momentum Quality 50 ETFETF · Edelweiss Mutual FundNAV₹38.55701Y−9.53%3Y–5Y–Size₹31 CrCost0.73%
About the Nifty500 Multicap Momentum Quality 50
The Nifty500 Multicap Momentum Quality 50 is an index of the top 50 stocks drawn from the Nifty 500, spanning large cap, mid cap and small cap companies and ranked on a combination of momentum and quality factors. It is maintained by NSE Indices Limited.
How companies are chosen
Eligible companies are those in the Nifty 500 at the time of review with a minimum listing history of 1 year.
They are split into three segment universes: the Nifty 100 for large cap, the Nifty Midcap 150 for midcap and the Nifty Smallcap 250 for smallcap. The index takes the top 10 stocks from the large cap segment, the top 15 from the midcap segment and the top 25 from the smallcap segment.
Within each segment, companies with more than 20% of promoters' shares pledged, and those in the bottom 10 percentile on turnover ratio, are ineligible. The turnover ratio is calculated by dividing 6 months ADT by 6 months average FFMcap.
Stocks are ranked on an aggregate percentile score, which is 50% of the percentile momentum score plus 50% of the percentile quality score.
How it is weighted
The momentum score rests on each company's 6-month and 12-month price return, adjusted for volatility. It averages the two periods' Z scores, 50% each. (A stock's 12-month Z score is its 12-month momentum ratio minus the mean of those ratios across the eligible segment universe, divided by their standard deviation. The 6-month Z score is worked out the same way.)
The quality score favours a high return on equity, a low debt-to-equity ratio and low EPS growth variability over the previous 5 years. The debt-to-equity ratio is left out for financial services companies.
A stock's weight is its free float market cap multiplied by its composite factor score, 50% normalized momentum score plus 50% quality score. Each stock is capped at 5%, applied semi-annually at reconstitution.
When it is reviewed
The index is rebalanced and reconstituted in Jun and Dec, using data ending the last trading day of May and Nov.
An existing member stays if it ranks within the top 15 in the large cap segment, the top 23 in midcap or the top 38 in smallcap, and is excluded if it ranks beyond those. An unscheduled review follows if a member leaves the Nifty 500 because of a corporate action such as a delisting, or a suspension by the exchange.
Base date and value
The index has a base date of 1 Apr 2005 and a base value of 1000, and launched on 4 Sep 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
- 19 of 50
Strategy indices
Others in this group, the most used as a fund's benchmark first.All
- Nifty500 Quality 5050 companiesP/E 24.06
BSE 500 Dividend Leaders 5050 companiesP/E 11.14- BSE 500 Momentum 5050 companiesP/E 28.28
- BSE 500 Quality 5050 companiesP/E 24.94
Nifty Dividend Opportunities 5050 companiesP/E 12.43
Nifty Growth Sectors 1515 companiesP/E 25.60
Nifty Smallcap250 Quality 5050 companiesP/E 22.38- Nifty500 Equal Weight500 companiesP/E 24.82
- BSE 1000 MultiCap Equal Size Weighted (25%)1,002 companiesP/E 24.43
- BSE 250 LargeMidCap 65:35 IndexStrategy