MarketGrader India Growth Leaders 50 Index


Five Largest Companies
Symbol Name Grade Market Cap Country
532454.IN Bharti Airtel Limited 73.0 ¤131,947 IN
532540.IN Tata Consultancy Services Limited 62.8 ¤124,695 IN
532174.IN ICICI Bank Limited 60.0 ¤108,328 IN
500112.IN State Bank of India 66.6 ¤97,483 IN
541154.IN Hindustan Aeronautics Limited 60.5 ¤35,288 IN

Five Smallest Companies
Symbol Name Grade Market Cap Country
538666.IN Sharda Cropchem Ltd. 68.1 ¤879 IN
505355.IN NESCO Limited 69.9 ¤1,089 IN
544317.IN Transrail Lighting Limited 74.3 ¤1,098 IN
531431.IN Shakti Pumps (India) Limited 67.5 ¤1,140 IN
530343.IN Genus Power Infrastructures Limited 70.2 ¤1,170 IN

Companies with Most Selections Among Current Components
Symbol Name Grade Times* Country
532540.IN Tata Consultancy Services Limited 62.8 35 IN
500124.IN Dr. Reddy's Laboratories Ltd. 64.8 25 IN
500257.IN Lupin Limited 69.9 18 IN
500480.IN Cummins India Limited 72.2 18 IN
532321.IN Zydus Lifesciences Limited 66.0 17 IN
534816.IN Indus Towers Limited 67.7 15 IN
505200.IN Eicher Motors Limited 62.4 13 IN
526371.IN NMDC Limited 75.1 13 IN
500049.IN Bharat Electronics Limited 72.4 12 IN
500112.IN State Bank of India 66.6 12 IN
*Number of times selected at Index semi-annual reconstitutions since inception date.
Index Bio
Average Market Cap ¤16,852
Median Market Cap ¤6,275
Avg. 3 Mo. Dollar Vol. ¤1,826,161
Avg. 3 Mo. Trading Vol. 368,696
Last Rebalance Date 09/22/2025
Companies Replaced 14
Biggest Sector Increase Health Care
Biggest Sector Decrease Technology

Fundamental Attributes
Trailing P/E Ratio (12 Mo.) 23.7
Forward P/E Ratio (12 Mo.) 21.6
Price/Book Ratio 5.2
Avg. Revenue Chg. - 3 Yr 67.1%
Avg. Op. Income Chg. - 3 Yr. 136.2%
Avg. EPS Growth - 3 Yr. 33.0%
Avg. EPS Growth - 1 Yr. 29.5%
Avg. Operating Margin 21.0%
Avg. LT Debt to Total Capital 11.8%
Avg. Return on Equity 25.7%
Dividend Yield 0.7%
Index Average Grade
India Growth Leaders 50 Index 67.65
Country Breakdown
India 100.0%
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