MarketGrader India Growth Leaders 50 Index


Five Largest Companies
Symbol Name Grade Market Cap Country
532454.IN Bharti Airtel Limited 72.9 ¤138,238 IN
532540.IN Tata Consultancy Services Limited 62.8 ¤127,845 IN
532174.IN ICICI Bank Limited 60.8 ¤109,831 IN
500112.IN State Bank of India 66.0 ¤100,706 IN
541154.IN Hindustan Aeronautics Limited 60.5 ¤34,471 IN

Five Smallest Companies
Symbol Name Grade Market Cap Country
538666.IN Sharda Cropchem Ltd. 67.7 ¤809 IN
531431.IN Shakti Pumps (India) Limited 66.2 ¤955 IN
544317.IN Transrail Lighting Limited 74.2 ¤975 IN
505355.IN NESCO Limited 62.5 ¤976 IN
532928.IN Transformers and Rectifiers (India) Limi 56.5 ¤1,026 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 78.9 18 IN
500480.IN Cummins India Limited 71.7 18 IN
532321.IN Zydus Lifesciences Limited 66.6 17 IN
534816.IN Indus Towers Limited 67.0 15 IN
505200.IN Eicher Motors Limited 69.3 13 IN
526371.IN NMDC Limited 75.5 13 IN
500049.IN Bharat Electronics Limited 72.0 12 IN
500112.IN State Bank of India 66.0 12 IN
*Number of times selected at Index semi-annual reconstitutions since inception date.
Index Bio
Average Market Cap ¤16,988
Median Market Cap ¤6,291
Avg. 3 Mo. Dollar Vol. ¤1,844,547
Avg. 3 Mo. Trading Vol. 380,270
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.) 20.5
Forward P/E Ratio (12 Mo.) 21.2
Price/Book Ratio 4.7
Avg. Revenue Chg. - 3 Yr 72.3%
Avg. Op. Income Chg. - 3 Yr. 139.8%
Avg. EPS Growth - 3 Yr. 33.5%
Avg. EPS Growth - 1 Yr. 28.1%
Avg. Operating Margin 21.6%
Avg. LT Debt to Total Capital 13.9%
Avg. Return on Equity 25.6%
Dividend Yield 0.7%
Index Average Grade
India Growth Leaders 50 Index 66.98
Country Breakdown
India 100.0%
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