MarketGrader India Growth Leaders 50 Index


Five Largest Companies
Symbol Name Grade Market Cap Country
532540.IN Tata Consultancy Services Limited 57.6 ¤124,155 IN
532454.IN Bharti Airtel Limited 72.2 ¤122,316 IN
532174.IN ICICI Bank Limited 57.2 ¤107,978 IN
500112.IN State Bank of India 64.9 ¤107,174 IN
500049.IN Bharat Electronics Limited 70.9 ¤35,440 IN

Five Smallest Companies
Symbol Name Grade Market Cap Country
544317.IN Transrail Lighting Limited 75.7 ¤709 IN
532928.IN Transformers and Rectifiers (India) Limi 70.5 ¤764 IN
544009.IN Blue Jet Healthcare Limited 62.3 ¤794 IN
531431.IN Shakti Pumps (India) Limited 67.3 ¤832 IN
530343.IN Genus Power Infrastructures Limited 78.3 ¤840 IN

Companies with Most Selections Among Current Components
Symbol Name Grade Times* Country
532540.IN Tata Consultancy Services Limited 57.6 35 IN
500124.IN Dr. Reddy's Laboratories Ltd. 56.0 25 IN
500257.IN Lupin Limited 80.3 18 IN
500480.IN Cummins India Limited 72.1 18 IN
532321.IN Zydus Lifesciences Limited 66.9 17 IN
534816.IN Indus Towers Limited 65.7 15 IN
505200.IN Eicher Motors Limited 69.3 13 IN
526371.IN NMDC Limited 74.0 13 IN
500049.IN Bharat Electronics Limited 70.9 12 IN
500112.IN State Bank of India 64.9 12 IN
*Number of times selected at Index semi-annual reconstitutions since inception date.
Index Bio
Average Market Cap ¤16,669
Median Market Cap ¤7,096
Avg. 3 Mo. Dollar Vol. ¤1,820,350
Avg. 3 Mo. Trading Vol. 435,137
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.) 18.2
Forward P/E Ratio (12 Mo.) 20.6
Price/Book Ratio 4.1
Avg. Revenue Chg. - 3 Yr 69.5%
Avg. Op. Income Chg. - 3 Yr. 125.0%
Avg. EPS Growth - 3 Yr. 29.7%
Avg. EPS Growth - 1 Yr. 27.9%
Avg. Operating Margin 22.1%
Avg. LT Debt to Total Capital 15.4%
Avg. Return on Equity 24.8%
Dividend Yield 0.8%
Index Average Grade
India Growth Leaders 50 Index 67.27
Country Breakdown
India 100.0%
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