Capital Goods sector

Sectors · Industrials

Capital Goods

390 listed companies · ₹48.47 L Cr of market value, 10.2% of all classified companies · screen within this sector →

The last session

25 Sept

Rose most

RTSPOWRRTS Power Corporation Limited+20.00%CUBEXTUBCubex Tubings Limited+10.00%QUADFUTUREQuadrant Future Tek Limited+9.41%NELCASTNelcast Limited+8.72%LLOYDSENGGLLOYDS ENGINEERING WORKS LIMITED+8.41%

Fell most

MANUGRAPHManugraph India Limited−9.99%UNIDTUnited Drilling Tools Limited−6.95%PREMIERPOLPremier Polyfilm Limited−5.08%WAAREEINDOIndosolar Limited−4.98%RHETANRhetan TMT Limited−4.95%

Closed at a 52-week high: WELCORP, LLOYDSENGG, SMLMAH, DYNAMATECH, MANINDS, SPECTRUM and 8 more. Closed at a 52-week low: JWL, VESUVIUS, RHETAN, WAAREEINDO, SALASAR. Of the 387 companies we hold a close for that session.

Ahead, and just filed

The next 14 days

No ex-dates announced for its companies.

Results for the quarter to 30 Sept are due by 14 Nov 2026: the listing regulations allow 45 days. Each company names its own day in a board-meeting notice, which we do not read yet.

Filed in the last 14 days

26 SeptBALUFORGELeadership change 26 SeptRPELAcquisition or agreement 26 SeptBALUFORGELeadership change 26 SeptBALUFORGELeadership change 26 SeptBALUFORGELeadership change 26 SeptINTLCONVLeadership change 26 SeptMAHSEAMLESLeadership change 26 SeptMAHSEAMLESLeadership change

Industries inside it

by market value

All of the sector390 Electrical Equipment33% · 71 Industrial Products30% · 206 Aerospace & Defense18% · 25 Industrial Manufacturing12% · 76 Agricultural, Commercial & Construction Vehicles7% · 12

Share of the sector's market value, then the number of companies. Choosing one narrows the map and the companies table.

Size and concentration

390 companies

Its three largest (HAL, BEL, TMCV) are 16.1% of its market value; its ten largest, 36.3%.

Top 100 by market value41% · 12

Ranked 101 to 25019% · 16

Ranked below 25040% · 362

Share of the sector's market value, then the number of companies. Ranks are by market value among all listed companies, the screener's own size bands.

Beside the market

to 25 Sept

	This sector	All companies	Nifty 500
1 day	+0.4%	+0.2%	+0.2%
1 month	−1.7%	−3.6%	−4.1%
1 year	+13.9%	−1.3%	−1.8%

The sector and “all companies” are added up the same way: combined market value now against then, over every company we hold prices for. The index is NSE's own figure.

Living screens, within this sector

Top 100 by size, ROE above 15%11 Debt free, ROE above 20%32 Revenue and profit both growing 15%+88 Midcaps with profit growth above 20%8 Profitable, dividend yield above 3%2 P/E under 15, market cap above ₹1,000 Cr18 Profitable, priced below book value22 Near its 52-week high, above ₹5,000 Cr32 Near its 52-week low, above ₹5,000 Cr12

How many of the sector's companies each ready-made screen held after last night's figures. A screen is named by its filters; opening one runs it inside this sector.

Forensic checks on watch

285 of 351 companies

TILTIL Limited9 checks NIBENIBE Limited7 checks SALASARSalasar Techno Engineering Limited7 checks RAMASTEELRama Steel Tubes Limited7 checks SHAHShah Metacorp Limited7 checks HILTONHilton Metal Forging Limited7 checks

A check on watch is a pattern in the company's own filings that is worth reading about (receivables growing faster than sales, say), not a finding against it; lenders trip several by the nature of their balance sheets. Each company's page lists its checks with the figures.

NSE publishes no index for this sector. The line below is worked out from its companies instead.

The sector's own line, from its companies

389 companies priced · closes adjusted for splits and bonuses

By market value what the sector's combined value did; its largest companies dominate it

1 day

+0.4%

1 week

−0.3%

1 month

−1.7%

3 months

−0.2%

6 months

+25.5%

1 year

+13.9%

3 years

+96.9%

The median company what the company in the middle did

1 day

−0.1%

1 week

−0.3%

1 month

−0.9%

3 months

−0.2%

6 months

+28.2%

1 year

+2.6%

3 years

+47.1%

Breadth, to the close of 2026-09-25: 176 of 382 companies are higher than a month ago, 204 of 323 closed above their 200-session average, 14 at a 52-week high and 5 at a 52-week low; in the last session 182 rose and 207 fell. Worked out from the 389 of 390 companies we hold recent prices for. A wide gap between the two lines means a few large companies moved the sector.

The sector as a map

a company's area is its market value · grouped by industry · tinted by price change

Area is market value; the tint is the price change over the last session, full strength at 3% either way, and grey where we hold no price that far back. 200 companies, 97% of the sector's market value; the smaller ones are left off. Click a company to open it.

Where its companies sit: ROE against P/B

a dot's area is its market value · the largest are named · click one to open it

170 companies with both figures in the filings we hold; 3 more sit beyond the axes and are in the table. Dashed lines: the sector's median P/B (6.2×) and ROE (14.8%). ROE is the last four quarters' profit on the latest balance sheet's equity. A high ROE at a low P/B is not a bargain by itself: debt, a one-off profit or a shrinking business all produce one.

The sector's results, added up

from the companies' own quarterly filings

Revenue, added up

latest against a year before: +22.8%

Net profit, added up

latest against a year before: +2.5%

Q1 FY27 results

337 of 337 companies have filed · their profit together is +2.5% on the same quarter a year before (294 companies)

LUMINO —HTEL —TEMPSENS —BLEL —MVELECTRO —LCL —INDOMIM —JINDALPOLY +193.6%

Added up over the 261 companies that filed every quarter shown, of the 347 whose filings we hold and the 390 in the sector; each on a consolidated basis where it files one. For banks, revenue is total income. A sum is dominated by its largest companies, and says nothing about one that is not in it.

Who owns it

from the companies' quarterly shareholding patterns · weighted by market value

Promoters

58.8%−0.09 pp

Foreign institutions

10.9%+0.08 pp

Domestic institutionsof which mutual funds 8.8% (+0.05 pp)

12.9%+0.13 pp

Public and others

17.3%−0.12 pp

where it stood at Mar 2026

Foreign institutions' holding

rose in 154 of 336 companies, fell in 122

MTARTECH	24.79%	+7.48 pp
SAMPANN	15.33%	−4.63 pp
IDEAFORGE	4.89%	+4.16 pp
APOLLO	7.59%	+3.96 pp
ASHOKLEY	20.68%	−3.89 pp
RATNAVEER	3.53%	−3.75 pp

Mutual funds' holding

rose in 82 of 336 companies, fell in 85

SBCL	9.81%	−7.77 pp
VIDYAWIRES	2.30%	−6.72 pp
VOLTAMP	28.98%	+3.93 pp
DEEDEV	9.06%	−3.89 pp
APOLLOPIPE	4.59%	−3.47 pp
PREMIERENE	12.91%	+3.45 pp

From the shareholding patterns filed for the quarter to Jun 2026, against Mar 2026, by the 336 of 390 companies whose filings for both we hold (97% of the sector's market value), each weighted by its market value. Mutual funds and insurers are part of domestic institutions. Foreign institutions leaves out the shares a depository holds behind ADRs and GDRs, which companies file under a different head from one quarter to the next; those sit in “public and others”. “pp” is percentage points of the company's shares. A holder's share also moves when a company issues or buys back shares; these are the filed figures, not a reading of anyone's intent.

Companies

the largest 200 of 390, by market value

Company	Market cap	Close	Last session	1 year	P/E	ROE
Hindustan Aeronautics LimitedHAL · Aerospace & Defense	₹3.23 L Cr	₹4,800.00	+0.54%	+0.5%	34.6	22.7%
Bharat Electronics LimitedBEL · Aerospace & Defense	₹2.90 L Cr	₹393.55	+0.40%	−2.4%	47.2	25.6%
Tata Motors LimitedTMCV · Commercial Vehicles	₹1.66 L Cr	₹441.50	+1.00%	—	39.6	32.9%
ABB India LimitedABB · Heavy Electrical Equipment	₹1.51 L Cr	₹7,052.50	−1.07%	+35.6%	50.4	32.0%
Bharat Heavy Electricals LimitedBHEL · Heavy Electrical Equipment	₹1.47 L Cr	₹418.95	+0.87%	+78.6%	60.6	9.3%
CG Power and Industrial Solutions LimitedCGPOWER · Heavy Electrical Equipment	₹1.41 L Cr	₹886.00	−0.08%	+16.7%	93.7	18.9%
Cummins India LimitedCUMMINSIND · Compressors, Pumps & Diesel Engines	₹1.39 L Cr	₹4,945.00	−0.56%	+24.3%	58.8	27.9%
Hitachi Energy India LimitedPOWERINDIA · Heavy Electrical Equipment	₹1.39 L Cr	₹31,035.00	+1.04%	+61.6%	120.7	22.2%
Siemens LimitedSIEMENS · Heavy Electrical Equipment	₹1.38 L Cr	₹3,877.00	+0.92%	+22.8%	42.2	23.7%
Polycab India LimitedPOLYCAB · Cables - Electricals	₹1.27 L Cr	₹8,408.50	+0.50%	+13.5%	43.6	24.2%
Siemens Energy India LimitedENRIN · Heavy Electrical Equipment	₹1.14 L Cr	₹3,313.00	+3.04%	−6.1%	76.9	30.9%
GE Vernova T&D India LimitedGVT&D · Heavy Electrical Equipment	₹1.13 L Cr	₹4,280.00	−0.15%	+44.8%	86.5	48.5%
Ashok Leyland LimitedASHOKLEY · Commercial Vehicles	₹95,597 Cr	₹159.08	+1.13%	+13.3%	25.6	26.2%
Mazagon Dock Shipbuilders LimitedMAZDOCK · Ship Building & Allied Services	₹89,228 Cr	₹2,199.60	−0.11%	−24.8%	31.3	29.3%
Apar Industries LimitedAPARINDS · Other Electrical Equipment	₹74,837 Cr	₹17,776.00	−0.16%	+103.5%	63.3	21.9%
Welspun Corp LimitedWELCORP · Iron & Steel Products	₹73,757 Cr	₹2,832.40	+5.21%	+224.5%	31.8	25.3%
Waaree Energies LimitedWAAREEENER · Other Electrical Equipment	₹72,200 Cr	₹2,495.00	+0.52%	−27.6%	18.0	27.7%
INDO-MIM LimitedINDOMIM · Industrial Products	₹61,874 Cr	₹1,275.95	−2.68%	—	—	—
APL Apollo Tubes LimitedAPLAPOLLO · Iron & Steel Products	₹60,927 Cr	₹2,214.70	+1.37%	+31.2%	49.6	23.2%
Suzlon Energy LimitedSUZLON · Heavy Electrical Equipment	₹58,213 Cr	₹40.80	+0.15%	−28.0%	18.5	33.2%
Aditya Infotech LimitedCPPLUS · Industrial Products	₹45,264 Cr	₹3,687.50	−2.96%	+179.2%	94.8	25.4%
KEI Industries LimitedKEI · Cables - Electricals	₹45,123 Cr	₹4,673.50	+0.80%	+12.4%	45.3	15.0%
Supreme Industries LimitedSUPREMEIND · Plastic Products - Industrial	₹44,283 Cr	₹3,550.00	+3.38%	−16.9%	42.9	16.7%
Bharat Dynamics LimitedBDL · Aerospace & Defense	₹42,595 Cr	₹1,140.00	−1.30%	−26.7%	81.8	12.3%
Premier Energies LimitedPREMIERENE · Other Electrical Equipment	₹41,325 Cr	₹896.40	−0.18%	−14.6%	24.7	38.9%
Thermax LimitedTHERMAX · Heavy Electrical Equipment	₹41,262 Cr	₹3,447.20	+1.21%	+6.6%	69.9	10.6%
Astral LimitedASTRAL · Plastic Products - Industrial	₹37,538 Cr	₹1,399.00	+0.50%	−0.5%	65.2	14.2%
AIA Engineering LimitedAIAENG · Castings & Forgings	₹37,056 Cr	₹3,919.40	−0.86%	+26.5%	29.3	15.8%
Cochin Shipyard LimitedCOCHINSHIP · Ship Building & Allied Services	₹36,068 Cr	₹1,377.00	+0.51%	−28.5%	53.0	11.6%
PTC Industries LimitedPTCIL · Castings & Forgings	₹33,473 Cr	₹21,810.00	−0.05%	+40.8%	266.5	8.3%
Syrma SGS Technology LimitedSYRMA · Industrial Products	₹33,167 Cr	₹1,732.60	+2.00%	+107.4%	82.6	14.0%
Kirloskar Oil Engines LimitedKIRLOSENG · Compressors, Pumps & Diesel Engines	₹32,296 Cr	₹2,137.20	−1.26%	+126.2%	60.4	14.8%
Escorts Kubota LimitedESCORTS · Tractors	₹31,296 Cr	₹2,855.70	+1.16%	−20.7%	22.6	11.2%
Shyam Metalics and Energy LimitedSHYAMMETL · Iron & Steel Products	₹30,896 Cr	₹1,085.60	−1.12%	+18.0%	27.6	9.7%
Honeywell Automation India LimitedHONAUT · Industrial Products	₹30,302 Cr	₹33,865.00	+0.71%	−7.4%	55.0	12.3%
Schneider Electric Infrastructure LimitedSCHNEIDER · Heavy Electrical Equipment	₹29,754 Cr	₹1,209.50	−0.76%	+40.7%	161.9	23.7%
R R Kabel LimitedRRKABEL · Cables - Electricals	₹28,007 Cr	₹2,528.30	−0.06%	+100.1%	46.1	23.6%
Garden Reach Shipbuilders & Engineers LimitedGRSE · Aerospace & Defense	₹27,272 Cr	₹2,319.00	−1.07%	−14.6%	34.1	30.5%
Jyoti CNC Automation LimitedJYOTICNC · Industrial Products	₹25,025 Cr	₹1,065.10	−0.69%	+20.0%	77.8	16.1%
Data Patterns (India) LimitedDATAPATTNS · Aerospace & Defense	₹24,763 Cr	₹4,418.80	+0.53%	+60.5%	92.4	15.4%
Timken India LimitedTIMKEN · Abrasives & Bearings	₹24,691 Cr	₹3,206.10	−1.56%	+5.7%	—	—
Carborundum Universal LimitedCARBORUNIV · Abrasives & Bearings	₹24,074 Cr	₹1,278.50	−1.39%	+34.4%	128.2	4.8%
TD Power Systems LimitedTDPOWERSYS · Heavy Electrical Equipment	₹23,906 Cr	₹751.55	+1.29%	+161.2%	86.9	25.7%
Kaynes Technology India LimitedKAYNES · Industrial Products	₹23,160 Cr	₹3,650.00	+4.00%	−51.4%	67.0	7.3%
Emmvee Photovoltaic Power LimitedEMMVEE · Other Electrical Equipment	₹23,020 Cr	₹321.90	+1.35%	—	18.1	34.5%
Finolex Cables LimitedFINCABLES · Cables - Electricals	₹22,481 Cr	₹1,460.90	−1.29%	+78.1%	28.1	13.1%
Diamond Power Infrastructure LimitedDIACABS · Other Electrical Equipment	₹22,467 Cr	₹354.50	−1.65%	+128.3%	114.3	—
Mtar Technologies LimitedMTARTECH · Other Electrical Equipment	₹22,355 Cr	₹6,900.00	−2.13%	+263.5%	167.5	16.2%
Grindwell Norton LimitedGRINDWELL · Abrasives & Bearings	₹21,958 Cr	₹1,972.70	−0.42%	+23.3%	41.3	21.0%
HBL Engineering LimitedHBLENGINE · Other Industrial Products	₹21,164 Cr	₹806.00	+3.96%	−1.7%	22.9	41.7%
Happy Forgings LimitedHAPPYFORGE · Castings & Forgings	₹19,837 Cr	₹2,063.50	−1.02%	+112.2%	60.6	15.4%
INOX India LimitedINOXINDIA · Other Industrial Products	₹19,719 Cr	₹2,156.80	+4.46%	+78.2%	77.4	22.8%
Ratnamani Metals & Tubes LimitedRATNAMANI · Iron & Steel Products	₹19,698 Cr	₹2,778.30	−1.63%	+11.1%	38.3	12.5%
Elgi Equipments LimitedELGIEQUIP · Compressors, Pumps & Diesel Engines	₹19,466 Cr	₹603.00	−0.95%	+21.7%	43.5	20.1%
Jindal Saw LimitedJINDALSAW · Iron & Steel Products	₹18,715 Cr	₹285.50	+0.85%	+35.4%	31.2	4.8%
LMW LimitedLMW · Industrial Products	₹18,271 Cr	₹17,133.00	−0.02%	+12.2%	104.5	6.1%
Triveni Turbine LimitedTRITURBINE · Heavy Electrical Equipment	₹17,875 Cr	₹554.20	+0.43%	+7.4%	53.2	23.2%
SIGMA ADVANCED SYSTEMS LIMITEDSIGMAADV · Aerospace & Defense	₹17,844 Cr	₹946.00	−0.38%	+471.0%	109.2	34.9%
Azad Engineering LimitedAZAD · Heavy Electrical Equipment	₹17,510 Cr	₹2,728.00	+1.86%	+68.1%	125.7	9.1%
BEML LimitedBEML · Construction Vehicles	₹17,432 Cr	₹2,036.50	−0.39%	−6.6%	97.7	6.1%
Avalon Technologies LimitedAVALON · Other Electrical Equipment	₹16,358 Cr	₹2,328.50	+0.54%	+133.6%	122.4	18.5%
Aequs LimitedAEQUS · Aerospace & Defense	₹16,337 Cr	₹246.05	+1.34%	—	—	—
Usha Martin LimitedUSHAMART · Iron & Steel Products	₹16,301 Cr	₹518.80	−0.84%	+15.6%	32.1	15.4%
Graphite India LimitedGRAPHITE · Electrodes & Refractories	₹16,032 Cr	₹820.70	+0.74%	+43.8%	76.7	3.6%
Godawari Power And Ispat limitedGPIL · Iron & Steel Products	₹15,868 Cr	₹229.42	−0.16%	−11.7%	19.6	13.9%
Tega Industries LimitedTEGA · Industrial Products	₹15,610 Cr	₹2,091.60	+1.44%	+7.2%	—	-0.0%
Garware Hi-Tech Films LimitedGRWRHITECH · Plastic Products - Industrial	₹15,222 Cr	₹6,640.00	+4.69%	+113.3%	39.2	14.6%
Astra Microwave Products LimitedASTRAMICRO · Aerospace & Defense	₹15,200 Cr	₹1,622.40	+1.64%	+48.4%	80.4	14.4%
Zen Technologies LimitedZENTEC · Aerospace & Defense	₹15,100 Cr	₹1,682.40	+2.23%	+10.7%	76.8	10.4%
Apollo Micro Systems LimitedAPOLLO · Aerospace & Defense	₹15,059 Cr	₹395.60	−0.86%	+15.8%	131.0	8.8%
Action Construction Equipment LimitedACE · Construction Vehicles	₹14,934 Cr	₹1,226.60	−1.16%	+10.1%	34.2	21.7%
Swan Defence and Heavy Industries LimitedSWANDEF · Ship Building & Allied Services	₹14,476 Cr	₹2,679.70	−1.36%	+364.3%	—	-340.0%
Ksb LimitedKSB · Compressors, Pumps & Diesel Engines	₹14,310 Cr	₹819.10	+2.11%	−3.6%	58.3	14.5%
Kirloskar Brothers LimitedKIRLOSBROS · Compressors, Pumps & Diesel Engines	₹14,232 Cr	₹1,771.90	+0.20%	−10.0%	37.7	15.3%
SKF India (Industrial) LimitedSKFINDUS · Abrasives & Bearings	₹14,139 Cr	₹2,918.00	−0.74%	—	—	—
Fujiyama Power Systems LimitedUTLSOLAR · Other Electrical Equipment	₹13,645 Cr	₹422.10	−2.61%	—	—	—
LLOYDS ENGINEERING WORKS LIMITEDLLOYDSENGG · Industrial Products	₹13,516 Cr	₹98.56	+8.41%	+62.0%	57.3	14.1%
Gallantt Ispat LimitedGALLANTT · Iron & Steel Products	₹13,420 Cr	₹545.10	−0.03%	−17.8%	30.8	13.1%
Ingersoll Rand (India) LimitedINGERRAND · Compressors, Pumps & Diesel Engines	₹13,348 Cr	₹4,233.60	−0.02%	+6.4%	49.9	43.4%
Inox Wind LimitedINOXWIND · Heavy Electrical Equipment	₹12,996 Cr	₹74.75	+2.27%	−47.0%	31.2	6.5%
Atlanta Electricals LimitedATLANTAELE · Heavy Electrical Equipment	₹12,738 Cr	₹1,625.90	+2.44%	—	58.6	23.4%
Quality Power Electrical Equipments LimitedQPOWER · Heavy Electrical Equipment	₹12,029 Cr	₹1,517.80	+1.18%	+49.4%	61.6	36.0%
Karamtara Engineering LimitedKARAMTARA · Heavy Electrical Equipment	₹11,652 Cr	₹358.70	−2.80%	—	—	—
TITAGARH RAIL SYSTEMS LIMITEDTITAGARH · Railway Wagons	₹11,329 Cr	₹822.60	+0.41%	−8.7%	59.2	7.8%
Paras Defence and Space Technologies LimitedPARAS · Aerospace & Defense	₹11,128 Cr	₹1,321.00	−1.67%	+85.9%	116.0	13.2%
Voltamp Transformers LimitedVOLTAMP · Heavy Electrical Equipment	₹10,926 Cr	₹10,709.00	+1.15%	+50.1%	34.5	17.7%
Elecon Engineering Company LimitedELECON · Heavy Electrical Equipment	₹10,457 Cr	₹458.25	−0.19%	−21.6%	44.3	10.2%
Jupiter Wagons LimitedJWL · Railway Wagons	₹9,962 Cr	₹226.73	−0.59%	−30.0%	61.8	5.4%
SML Mahindra LimitedSMLMAH · Commercial Vehicles	₹9,840 Cr	₹6,825.50	+3.37%	+107.9%	62.9	30.1%
HMT LimitedHMT · Industrial Products	₹9,611 Cr	₹61.31	−0.66%	+1.5%	—	—
Finolex Industries LimitedFINPIPE · Plastic Products - Industrial	₹9,577 Cr	₹154.16	+0.08%	−27.3%	15.6	9.9%
Kennametal India LimitedKENNAMET · Industrial Products	₹9,474 Cr	₹4,207.20	−1.39%	+69.9%	—	—
Maharashtra Seamless LimitedMAHSEAMLES · Iron & Steel Products	₹9,426 Cr	₹715.65	+1.00%	+17.2%	12.8	10.7%
Genus Power Infrastructures LimitedGENUSPOWER · Other Electrical Equipment	₹9,397 Cr	₹305.70	−0.29%	−3.9%	14.4	29.4%
KRN Heat Exchanger and Refrigeration LimitedKRN · Other Industrial Products	₹9,249 Cr	₹1,381.80	−1.41%	+61.5%	95.4	16.9%
Kirloskar Pneumatic Company LimitedKIRLPNU · Compressors, Pumps & Diesel Engines	₹9,232 Cr	₹691.95	−0.83%	+12.5%	35.2	21.0%
Precision Wires India LimitedPRECWIRE · Aluminium, Copper & Zinc Products	₹9,124 Cr	₹502.60	+2.80%	+168.8%	52.2	22.6%
Time Technoplast LimitedTIMETECHNO · Plastic Products - Industrial	₹8,982 Cr	₹181.22	+1.07%	−18.8%	18.0	12.2%
Jayaswal Neco Industries LimitedJAYNECOIND · Iron & Steel Products	₹8,889 Cr	₹88.55	−1.09%	+23.5%	15.8	19.9%
Waaree Renewable Technologies LimitedWAAREERTL · Other Electrical Equipment	₹8,857 Cr	₹832.90	+0.07%	−19.9%	17.3	54.7%
Unimech Aerospace and Manufacturing LimitedUNIMECH · Aerospace & Defense	₹8,732 Cr	₹1,665.10	−1.61%	+56.2%	121.2	9.8%
Transformers And Rectifiers (India) LimitedTARIL · Heavy Electrical Equipment	₹8,682 Cr	₹277.65	−0.98%	−45.3%	32.3	17.8%
Esab India LimitedESABINDIA · Other Industrial Products	₹8,641 Cr	₹5,527.00	−0.02%	+10.6%	38.9	51.7%
Dynamatic Technologies LimitedDYNAMATECH · Industrial Products	₹8,525 Cr	₹13,153.00	+4.80%	+90.6%	200.9	5.3%
Kingfa Science & Technology (India) LimitedKINGFA · Plastic Products - Industrial	₹8,451 Cr	₹6,237.50	+0.14%	+46.2%	37.4	16.1%
AXISCADES Technologies LimitedAXISCADES · Aerospace & Defense	₹8,244 Cr	₹1,892.10	−1.61%	+13.1%	226.2	5.0%
Standard Engineering Technology LimitedSETL · Industrial Products	₹8,114 Cr	₹402.55	−0.06%	+122.2%	91.5	11.2%
RHI MAGNESITA INDIA LIMITEDRHIM · Electrodes & Refractories	₹8,030 Cr	₹386.45	+0.69%	−14.4%	—	-9.9%
Vesuvius India LimitedVESUVIUS · Electrodes & Refractories	₹8,026 Cr	₹389.10	−0.70%	−24.2%	31.3	14.6%
Raghav Productivity Enhancers LimitedRPEL · Electrodes & Refractories	₹7,865 Cr	₹1,699.50	+0.06%	+151.7%	125.4	25.6%
Mishra Dhatu Nigam LimitedMIDHANI · Aerospace & Defense	₹7,797 Cr	₹405.05	−0.45%	+2.8%	57.8	8.8%
EPL LimitedEPL · Packaging	₹7,660 Cr	₹238.10	+0.02%	+12.7%	15.5	17.3%
Cyient DLM LimitedCYIENTDLM · Aerospace & Defense	₹7,638 Cr	₹931.40	+2.05%	+107.9%	93.0	8.1%
Raymond LimitedRAYMOND · Industrial Products	₹7,422 Cr	₹1,196.65	−0.60%	+94.1%	116.4	2.2%
Man Industries (India) LimitedMANINDS · Iron & Steel Products	₹7,418 Cr	₹1,020.35	+5.97%	+140.3%	36.3	9.8%
Powerica LimitedPOWERICA · Heavy Electrical Equipment	₹7,208 Cr	₹582.95	+3.57%	—	—	—
Kanohar Electricals LimitedKANOHAR · Heavy Electrical Equipment	₹7,187 Cr	₹862.55	−0.09%	—	—	—
Centum Electronics LimitedCENTUM · Aerospace & Defense	₹7,132 Cr	₹4,802.30	−0.73%	+74.8%	143.7	14.5%
KSH International LimitedKSHINTL · Aluminium, Copper & Zinc Products	₹7,088 Cr	₹1,035.50	−0.05%	—	54.7	16.0%
Sunflag Iron And Steel Company LimitedSUNFLAG · Iron & Steel Products	₹7,044 Cr	₹410.65	+3.49%	+52.3%	34.2	2.3%
Aeroflex Industries LimitedAEROFLEX · Iron & Steel Products	₹6,891 Cr	₹525.70	−0.28%	+183.4%	102.6	15.0%
Technocraft Industries (India) LimitedTIIL · Iron & Steel Products	₹6,850 Cr	₹3,003.40	−0.98%	+25.9%	19.7	17.2%
Omnitech Engineering LimitedOMNI · Industrial Products	₹6,848 Cr	₹533.95	−2.54%	—	—	—
BOROSIL RENEWABLES LIMITEDBORORENEW · Glass - Industrial	₹6,665 Cr	₹455.15	−1.00%	−20.9%	16.0	27.6%
Shivalik Bimetal Controls LimitedSBCL · Iron & Steel Products	₹6,654 Cr	₹1,154.50	+0.99%	+108.0%	62.7	22.0%
Transrail Lighting LimitedTRANSRAILL · Heavy Electrical Equipment	₹6,558 Cr	₹469.25	+1.13%	−37.3%	12.8	22.4%
Ajax Engineering LimitedAJAXENGG · Construction Vehicles	₹6,517 Cr	₹607.75	+5.66%	−6.3%	28.6	16.4%
GMM Pfaudler LimitedGMMPFAUDLR · Industrial Products	₹6,446 Cr	₹1,505.20	+2.02%	+40.5%	94.9	5.6%
Skipper LimitedSKIPPER · Heavy Electrical Equipment	₹6,412 Cr	₹551.15	−0.22%	+3.4%	28.5	15.1%
Balu Forge Industries LimitedBALUFORGE · Castings & Forgings	₹6,147 Cr	₹506.80	+1.75%	−21.8%	22.9	16.8%
Lohia Corp LimitedLCL · Industrial Products	₹6,105 Cr	₹594.70	+3.33%	—	—	—
Vikram Solar LimitedVIKRAMSOLR · Other Electrical Equipment	₹5,923 Cr	₹160.31	−0.07%	−52.0%	16.6	11.3%
Shakti Pumps (India) LimitedSHAKTIPUMP · Compressors, Pumps & Diesel Engines	₹5,884 Cr	₹466.90	−1.11%	−43.7%	27.7	12.4%
Praj Industries LimitedPRAJIND · Industrial Products	₹5,882 Cr	₹315.90	−0.06%	−12.0%	195.3	2.3%
Saatvik Green Energy LimitedSAATVIKGL · Other Electrical Equipment	₹5,683 Cr	₹427.45	−2.40%	—	22.9	18.2%
Rossell Techsys LimitedROSSTECH · Aerospace & Defense	₹5,463 Cr	₹1,402.70	−1.14%	+81.6%	212.3	16.6%
AGI Greenpac LimitedAGI · Packaging	₹5,405 Cr	₹803.35	−2.19%	−9.2%	14.9	15.0%
Goodluck India LimitedGOODLUCK · Iron & Steel Products	₹5,352 Cr	₹525.65	−0.90%	+32.3%	25.5	14.1%
DEE Development Engineers LimitedDEEDEV · Industrial Products	₹5,351 Cr	₹666.20	−1.39%	+135.8%	66.8	9.0%
Universal Cables LimitedUNIVCABLES · Cables - Electricals	₹5,228 Cr	₹1,494.00	−1.52%	+99.4%	26.1	10.6%
Ram Ratna Wires LimitedRAMRAT · Other Electrical Equipment	₹5,216 Cr	₹570.00	+3.94%	+77.3%	36.3	24.8%
Shanthi Gears LimitedSHANTIGEAR · Industrial Products	₹5,124 Cr	₹666.55	+0.05%	+22.2%	80.3	14.5%
Texmaco Rail & Engineering LimitedTEXRAIL · Railway Wagons	₹5,074 Cr	₹125.67	−0.87%	−10.8%	23.7	9.0%
Spectrum Electrical Industries LimitedSPECTRUM · Industrial Products	₹5,063 Cr	₹3,518.80	+4.84%	+146.1%	88.0	23.5%
CMR Green Technologies LimitedCMRGREEN · Aluminium, Copper & Zinc Products	₹4,990 Cr	₹224.49	+1.71%	—	—	—
Bansal Wire Industries LimitedBANSALWIRE · Iron & Steel Products	₹4,935 Cr	₹321.40	−0.60%	−10.3%	34.7	9.9%
UFLEX LimitedUFLEX · Packaging	₹4,843 Cr	₹664.20	+0.40%	+21.4%	7.1	8.4%
Greaves Cotton LimitedGREAVESCOT · Compressors, Pumps & Diesel Engines	₹4,798 Cr	₹234.78	+5.84%	+5.6%	232.9	1.4%
Subros LimitedSUBROS · Other Industrial Products	₹4,763 Cr	₹720.90	+0.11%	−35.8%	28.6	13.4%
Tempsens Instruments (India) LimitedTEMPSENS · Industrial Products	₹4,748 Cr	₹531.05	−2.27%	—	—	—
Shilchar Technologies LimitedSHILCTECH · Heavy Electrical Equipment	₹4,745 Cr	₹4,103.60	+0.60%	—	—	—
Surya Roshni LimitedSURYAROSNI · Iron & Steel Products	₹4,675 Cr	₹227.45	+4.57%	−20.3%	15.0	11.8%
Sambhv Steel Tubes LimitedSAMBHV · Iron & Steel Products	₹4,666 Cr	₹159.12	+4.44%	+35.6%	28.3	15.6%
Venus Pipes & Tubes LimitedVENUSPIPES · Iron & Steel Products	₹4,645 Cr	₹2,163.20	−1.95%	+55.5%	44.8	15.5%
GE Power India LimitedGVPIL · Heavy Electrical Equipment	₹4,617 Cr	₹669.70	+1.56%	+99.3%	17.0	46.6%
Electrosteel Castings LimitedELECTCAST · Iron & Steel Products	₹4,586 Cr	₹72.34	−0.30%	−24.7%	38.0	2.0%
HEG LimitedHEG · Electrodes & Refractories	₹4,569 Cr	—	—	—	—	—
HEG Advanced Materials LimitedHEGAM · Electrodes & Refractories	₹4,569 Cr	₹244.35	+3.87%	+31.2%	12.7	7.5%
Pitti Engineering LimitedPITTIENG · Industrial Products	₹4,398 Cr	₹1,162.40	+0.12%	+15.1%	35.3	12.6%
Hirect LimitedHIRECT · Industrial Products	₹4,397 Cr	₹1,212.90	−0.50%	+42.0%	136.0	15.5%
Kalyani Steels LimitedKSL · Iron & Steel Products	₹4,349 Cr	₹964.70	−0.98%	+20.8%	16.4	12.6%
Swaraj Engines LimitedSWARAJENG · Compressors, Pumps & Diesel Engines	₹4,327 Cr	₹3,545.70	−0.08%	−15.3%	21.4	41.3%
WPIL LimitedWPIL · Industrial Products	₹4,288 Cr	₹430.40	−1.24%	—	—	—
Harsha Engineers International LimitedHARSHA · Other Industrial Products	₹4,226 Cr	₹462.05	+0.98%	+12.9%	27.3	11.0%
Laser Power & Infra LimitedLASERPOWER · Cables - Electricals	₹4,033 Cr	₹272.10	−0.87%	—	—	—
John Cockerill India LimitedCOCKERILL · Industrial Products	₹4,031 Cr	₹7,956.00	+0.01%	—	—	—
Vardhman Special Steels LimitedVSSL · Iron & Steel Products	₹3,998 Cr	₹411.50	+1.60%	+53.3%	42.9	11.7%
Avantel LimitedAVANTEL · Aerospace & Defense	₹3,884 Cr	₹155.94	+0.39%	−13.3%	226.1	5.1%
Kirloskar Industries LimitedKIRLOSIND · Iron & Steel Products	₹3,866 Cr	₹3,597.50	−1.03%	−10.9%	11.5	5.5%
V.S.T Tillers Tractors LimitedVSTTILLERS · Tractors	₹3,827 Cr	₹4,473.30	−0.96%	−11.7%	35.1	10.0%
Jash Engineering LimitedJASH · Industrial Products	₹3,720 Cr	₹593.85	+2.89%	+16.5%	43.4	16.5%
TCPL Packaging LimitedTCPLPACK · Packaging	₹3,638 Cr	₹4,106.80	+1.18%	+23.1%	31.5	16.1%
Steelcast LimitedSTEELCAS · Castings & Forgings	₹3,628 Cr	₹376.50	+5.23%	+73.8%	40.0	23.0%
JTL INDUSTRIES LIMITEDJTLIND · Iron & Steel Products	₹3,591 Cr	₹91.16	+1.18%	+25.9%	29.5	8.2%
Ideaforge Technology LimitedIDEAFORGE · Aerospace & Defense	₹3,579 Cr	₹729.85	+0.48%	+38.6%	910.2	0.7%
Welspun Specialty Solutions LimitedWELSPLSOL · Iron & Steel Products	₹3,535 Cr	₹55.00	+2.88%	—	—	—
Polyplex Corporation LimitedPOLYPLEX · Packaging	₹3,526 Cr	₹1,086.20	−1.02%	+1.2%	13.0	6.4%
Indo Tech Transformers LimitedINDOTECH · Heavy Electrical Equipment	₹3,493 Cr	₹3,177.70	−0.39%	+81.7%	35.2	26.6%
The Anup Engineering LimitedANUP · Industrial Products	₹3,402 Cr	₹1,677.10	+0.42%	−29.1%	30.7	16.1%
Lumino Industries LimitedLUMINO · Cables - Electricals	₹3,346 Cr	₹105.26	−1.83%	—	—	—
Oswal Pumps LimitedOSWALPUMPS · Compressors, Pumps & Diesel Engines	₹3,243 Cr	₹274.95	−1.89%	−63.1%	9.7	19.9%
Jaykay Enterprises LimitedJAYKAY · Aerospace & Defense	₹3,212 Cr	₹203.75	+0.60%	—	—	—
Websol Energy System LimitedWEBELSOLAR · Other Electrical Equipment	₹3,209 Cr	₹73.23	−1.13%	−41.5%	—	—
Apcotex Industries LimitedAPCOTEXIND · Rubber	₹3,156 Cr	₹599.40	−0.57%	+49.6%	19.6	26.0%
Jindal Poly Films LimitedJINDALPOLY · Packaging	₹3,135 Cr	₹694.10	−0.81%	+20.4%	—	-32.5%
HLE Glascoat LimitedHLEGLAS · Industrial Products	₹3,097 Cr	₹441.10	+2.88%	−13.9%	52.8	11.0%
Windsor Machines LimitedWINDMACHIN · Industrial Products	₹3,079 Cr	₹299.50	−0.47%	+2.6%	458.1	1.4%
Ravindra Energy LimitedRELTD · Other Electrical Equipment	₹2,976 Cr	₹148.77	+1.67%	−10.0%	51.2	14.1%
Prince Pipes And Fittings LimitedPRINCEPIPE · Plastic Products - Industrial	₹2,934 Cr	₹261.80	+0.77%	−20.8%	28.7	6.2%
Kilburn Engineering LimitedKLBRENG-B · Industrial Products	₹2,908 Cr	₹521.75	+0.74%	—	—	—
Xpro India LimitedXPROINDIA · Packaging	₹2,866 Cr	₹1,197.10	−0.82%	+3.3%	87.7	4.3%
Rishabh Instruments LimitedRISHABH · Other Electrical Equipment	₹2,853 Cr	₹711.80	+1.03%	+75.1%	28.1	13.6%
Ador Welding LimitedADOR · Other Industrial Products	₹2,780 Cr	₹1,638.90	+1.61%	+61.5%	24.5	20.5%
Ratnaveer Precision Engineering LimitedRATNAVEER · Iron & Steel Products	₹2,779 Cr	₹333.95	+3.09%	+105.7%	—	—
Pennar Industries LimitedPENIND · Industrial Products	₹2,610 Cr	₹184.90	+3.44%	−23.1%	18.3	12.2%
Kabra Extrusion Technik LimitedKABRAEXTRU · Industrial Products	₹2,563 Cr	₹846.40	+5.00%	+220.9%	5050.9	0.1%
EPack Prefab Technologies LimitedEPACKPEB · Industrial Products	₹2,547 Cr	₹245.38	−0.37%	—	26.9	12.9%
Bharat Bijlee LimitedBBL · Heavy Electrical Equipment	₹2,530 Cr	₹2,162.90	−1.82%	−31.7%	22.6	5.5%
Pix Transmissions LimitedPIXTRANS · Rubber	₹2,397 Cr	₹1,734.80	−0.63%	+19.8%	18.2	18.9%
MV Electrosystems LimitedMVELECTRO · Industrial Products	₹2,380 Cr	₹813.80	−0.57%	—	—	—

Closes are end-of-day, adjusted for splits and bonuses. P/E and ROE come from the last four quarters of filings, for the companies whose filings we hold. A company's sector is the one the exchanges classify it in; these are facts about the companies, not a view on the sector.