MarketGrader India Growth Leaders 50 Index


Five Largest Companies
Symbol Name Grade Market Cap Country
532454.IN Bharti Airtel Limited 72.5 ¤133,109 IN
532540.IN Tata Consultancy Services Limited 62.1 ¤130,670 IN
532174.IN ICICI Bank Limited 60.0 ¤111,903 IN
500112.IN State Bank of India 65.7 ¤104,314 IN
541154.IN Hindustan Aeronautics Limited 61.5 ¤33,496 IN

Five Smallest Companies
Symbol Name Grade Market Cap Country
544317.IN Transrail Lighting Limited 74.2 ¤812 IN
538666.IN Sharda Cropchem Ltd. 67.7 ¤831 IN
530343.IN Genus Power Infrastructures Limited 78.1 ¤882 IN
505355.IN NESCO Limited 62.9 ¤974 IN
531431.IN Shakti Pumps (India) Limited 66.0 ¤992 IN

Companies with Most Selections Among Current Components
Symbol Name Grade Times* Country
532540.IN Tata Consultancy Services Limited 62.1 35 IN
500124.IN Dr. Reddy's Laboratories Ltd. 64.6 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 66.0 15 IN
505200.IN Eicher Motors Limited 68.8 13 IN
526371.IN NMDC Limited 74.0 13 IN
500049.IN Bharat Electronics Limited 72.6 12 IN
500112.IN State Bank of India 65.7 12 IN
*Number of times selected at Index semi-annual reconstitutions since inception date.
Index Bio
Average Market Cap ¤17,200
Median Market Cap ¤7,064
Avg. 3 Mo. Dollar Vol. ¤1,767,613
Avg. 3 Mo. Trading Vol. 410,220
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.) 21.2
Forward P/E Ratio (12 Mo.) 21.9
Price/Book Ratio 4.2
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 0.8%
Index Average Grade
India Growth Leaders 50 Index 66.9
Country Breakdown
India 100.0%
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