The table below shows the Nifty Smallcap 100 Index based on the Highest Market Capitalization & 1Y Return.
Name | Market Cap (Cr) | Close Price (rs) | 1Y Return (%) |
Glenmark Pharmaceuticals Ltd | 47039.35 | 1644.35 | 95.15 |
Blue Star Ltd | 43093.78 | 2147.15 | 142.51 |
National Aluminium Co Ltd | 41182.79 | 222.55 | 130.50 |
Brigade Enterprises Ltd | 34952.18 | 1369.70 | 135.63 |
Central Depository Services (India) Ltd | 30025.99 | 1415.30 | 111.71 |
Multi Commodity Exchange of India Ltd | 29720.58 | 5784.70 | 195.64 |
Crompton Greaves Consumer Electricals Ltd | 27857.03 | 432.05 | 41.89 |
Amara Raja Energy & Mobility Ltd | 25885.17 | 1355.90 | 110.77 |
Laurus Labs Ltd | 25302.75 | 460.80 | 15.94 |
Computer Age Management Services Ltd | 22572.58 | 4422.40 | 75.67 |
Introduction To Nifty Smallcap 100 Stocks List
Glenmark Pharmaceuticals Ltd
The Market Cap of Glenmark Pharmaceuticals Ltd is ₹47,039.35 crore, with a monthly return of -1.60% and a yearly return of 95.15%. The stock is 7.62% away from its 52-week high.
Glenmark Pharmaceuticals Limited, based in India, is dedicated to developing its global formulation business in branded, generic and OTC segments, focusing primarily on dermatology, respiratory and oncology therapies. The company has developed a diverse portfolio that includes complex injectables, biologics and oral solids.
The company also markets region-specific therapies in other areas such as diabetes and cardiovascular diseases. Its notable products include the bioequivalent Tiotropium Bromide DPI, sold as Tiogiva in the UK and Tavulus in Spain and Ryaltris nasal spray for allergic rhinitis.
Blue Star Ltd
The Market Cap of Blue Star Ltd is ₹43,093.78 crore, with a monthly return of 25.32% and a yearly return of 142.51%. The stock is 2.44% away from its 52-week high.
Blue Star Limited operates primarily in the HVAC and commercial refrigeration space across three business segments. Its Electro-Mechanical Projects and Commercial Air-conditioning Systems segment focuses on providing centralized air-conditioning and electrical contracting, which includes manufacturing and after-sales services.
The Unitary Products segment of the company deals with cooling appliances and cold storage products. Meanwhile, its Professional Electronics and Industrial Systems segment includes the trading and service of industrial and testing equipment, showcasing its diverse capabilities across different technological areas.
National Aluminium Co Ltd
The Market Cap of National Aluminium Co Ltd is ₹41,182.79 crore, with a monthly return of 25.32% and a yearly return of 130.50%. The stock is 2.17% away from its 52-week high.
National Aluminium Company Limited is focused on the production and sale of alumina and aluminium, operating in the chemical and aluminium sectors. The company supports these operations with a significant alumina refinery and aluminium smelter in Odisha, demonstrating robust infrastructure capabilities.
Additionally, the company manages a large thermal power plant and several wind power plants across India, emphasizing its commitment to integrating renewable energy sources into its operations and supporting sustainable practices in the aluminium industry.
Brigade Enterprises Ltd
The Market Cap of Brigade Enterprises Ltd is ₹34,952.18 crore, with a monthly return of 12.15% and a yearly return of 135.63%. The stock is 6.09% away from its 52-week high.
Brigade Enterprises Limited is involved in real estate development, leasing and hospitality across various segments. The Real Estate segment includes residential, commercial office spaces and mixed-use developments, reflecting a comprehensive approach to property development.
The company also manages a Lease Rentals segment, developing and leasing commercial office and retail spaces. Its Hospitality segment includes developing hotel projects operated by international operators and showcasing Brigade’s diverse offerings in the real estate and hospitality sectors.
Central Depository Services (India) Ltd
The Market Cap of Central Depository Services (India) Ltd is ₹30,025.99 crore, with a monthly return of 1.19% and a yearly return of 111.71%. The stock is 17.60% away from its 52-week high.
Central Depository Services (India) Limited operates through its Depository, Data Entry and Storage and Repository segments. It provides crucial depository services like dematerialization and rematerialization, enhancing the efficiency and security of securities trading in India.
Additionally, the company handles centralized record-keeping of KYC documents and offers an electronic repository for insurance policies and warehouse receipts. This range of services underscores CDSL’s pivotal role in streamlining and securing financial transactions and record-keeping in India.
Multi Commodity Exchange of India Ltd
The Market Cap of Multi Commodity Exchange of India Ltd is ₹29,720.58 crore, with a monthly return of 12.79% and a yearly return of 195.64%. The stock is 4.33% away from its 52-week high.
Multi Commodity Exchange of India Limited serves as a major platform for trading commodity derivatives. It offers futures and options across multiple commodity segments, facilitating effective risk management and trading strategies for traders and businesses alike.
Its iCOMDEX index series provides real-time information on commodity prices, enhancing market transparency and decision-making. The MCX also includes a dedicated clearing corporation to manage collateral and ensure the smooth settlement of trades, highlighting its comprehensive approach to commodity trading.
Crompton Greaves Consumer Electricals Ltd
The Market Cap of Crompton Greaves Consumer Electricals Ltd is ₹27,857.03 crore, with a monthly return of -7.53% and a yearly return of 41.89%. The stock is 12.02% away from its 52-week high.
Crompton Greaves Consumer Electricals Limited operates through its Electric Consumer Durables and Lighting segments. It offers a wide array of consumer products, ranging from fans and pumps to a variety of lighting solutions, addressing a broad spectrum of consumer needs in the electrical market.
The company’s strong brand presence under the Crompton name across India is supported by its extensive manufacturing capabilities, which include multiple facilities dedicated to producing high-quality electrical and lighting products, ensuring leadership in the consumer electrical sector.
Amara Raja Energy & Mobility Ltd
The Market Cap of Amara Raja Energy & Mobility Ltd is ₹25,885.17 crore, with a monthly return of -6.35% and a yearly return of 110.77%. The stock is 30.98% away from its 52-week high.
Formerly known as Amara Raja Batteries Limited, Amara Raja Energy & Mobility Limited continues to be a leading manufacturer in the lead-acid batteries market, catering to both automotive and industrial applications. The company’s products power a range of applications from vehicles to telecommunications and power sectors.
The rebranding to Amara Raja Energy & Mobility reflects its broader focus on innovative energy solutions and mobility applications, showcasing its evolution and adaptability in a rapidly changing energy landscape and further enhancing its offerings in the energy and mobility sectors.
Laurus Labs Ltd
The Market Cap of Laurus Labs Ltd is ₹25,302.75 crore, with a monthly return of 0.95% and a yearly return of 15.94%. The stock is 12.41% away from its 52-week high.
Laurus Labs Limited specializes in manufacturing Active Pharmaceutical Ingredients (APIs) and finished dosage forms, serving the global pharmaceutical market with high-quality products. The company operates through segments focused on generics, synthesis and biotechnologies, offering comprehensive solutions from APIs to finished products.
Its focus on R&D and manufacturing capabilities in generics and biotechnologies allows Laurus Labs to meet diverse market demands, reinforcing its role as a key player in the global pharmaceutical industry by providing essential medicines and innovative solutions.
Computer Age Management Services Ltd
The Market Cap of Computer Age Management Services Ltd is ₹22,572.58 crore, with a monthly return of 3.16% and a yearly return of 75.67%. The stock is 11.03% away from its 52-week high.
Computer Age Management Services Limited serves as a pivotal technology and services provider in the capital markets and BFSI sector. It offers a broad spectrum of services including mutual fund registry, electronic payment systems and KYC registration, enhancing operational efficiencies for financial institutions.
The company’s platform-based services streamline processes such as digital onboarding and fund accounting, reinforcing its integral role in the financial services sector by facilitating advanced solutions that ensure compliance, efficiency and innovation in financial management.
What is the Nifty Smallcap 100?
The Nifty Smallcap 100 is a benchmark index that tracks the performance of 100 small-cap companies listed on the National Stock Exchange (NSE) of India. It represents the small-cap segment of the Indian equity market, capturing companies that are smaller than large-caps and mid-caps in terms of market capitalization.
This index serves as a crucial indicator for investors and analysts to gauge the overall health and trends in the small-cap sector. It includes stocks from various industries, providing a comprehensive view of the small-cap segment’s performance.
The Nifty Smallcap 100 is designed to reflect market movements and capture the capital market characteristics of the small-cap sector. It’s widely used as a benchmark for mutual funds and exchange-traded funds (ETFs) focusing on small-cap stocks.
Nifty Smallcap 100 Weightage
The Nifty Smallcap 100 Weightage refers to the proportion of each stock’s representation in the Nifty Smallcap 100 Index. These weightings are typically based on the free-float market capitalization of the constituent companies, reflecting their relative size and importance within the index.
Weightings are crucial as they determine how much each stock’s price movements affect the overall index performance. Companies with higher weightings have a more significant impact on the index’s value, while those with lower weightings have less influence.
The weightings are periodically reviewed and adjusted to ensure the index accurately represents the current market scenario. This rebalancing helps maintain the index’s relevance and efficiency in tracking the small-cap sector’s performance over time.
Nifty Smallcap 100 Stocks List Based On 1M Return
The table below shows the Nifty Smallcap 100 Stocks List Based On 1M Return.
Name | Close Price (rs) | 1M Return (%) |
National Aluminium Co Ltd | 222.55 | 25.32 |
Blue Star Ltd | 2147.15 | 25.32 |
Multi Commodity Exchange of India Ltd | 5784.70 | 12.79 |
Brigade Enterprises Ltd | 1369.70 | 12.15 |
Computer Age Management Services Ltd | 4422.40 | 3.16 |
Central Depository Services (India) Ltd | 1415.30 | 1.19 |
Laurus Labs Ltd | 460.80 | 0.95 |
Glenmark Pharmaceuticals Ltd | 1644.35 | -1.60 |
Amara Raja Energy & Mobility Ltd | 1355.90 | -6.35 |
Crompton Greaves Consumer Electricals Ltd | 432.05 | -7.53 |
Nifty Smallcap 100 Index Based On Dividend Yield
The table below shows the Nifty Smallcap 100 Index Based On Dividend Yield.
Name | Close Price (rs) | Dividend Yield% |
National Aluminium Co Ltd | 222.55 | 2.23 |
Computer Age Management Services Ltd | 4422.40 | 1.01 |
Central Depository Services (India) Ltd | 1415.30 | 0.77 |
Amara Raja Energy & Mobility Ltd | 1355.90 | 0.70 |
Crompton Greaves Consumer Electricals Ltd | 432.05 | 0.69 |
Blue Star Ltd | 2147.15 | 0.33 |
Laurus Labs Ltd | 460.80 | 0.17 |
Brigade Enterprises Ltd | 1369.70 | 0.13 |
How is the Nifty Smallcap 100 Index Value Calculated?
The Nifty Smallcap 100 Index value is calculated using the free-float market capitalization method. This method considers only the publicly traded shares of each company, excluding shares held by promoters or government entities. The index value reflects the total market value of all constituent stocks.
The calculation involves multiplying each stock’s price by its free-float shares and summing these values for all constituents. This total is then divided by a factor called the index divisor, which ensures continuity despite corporate actions like stock splits or dividends.
The index value is updated in real-time during trading hours, providing a continuous measure of the small-cap sector’s performance. This calculation method ensures that larger companies within the small-cap range have a greater influence on the index, reflecting their market importance.
How Stocks Are Selected for the Nifty Smallcap 100 Stocks List?
Stocks for the Nifty Smallcap 100 are selected based on specific criteria set by the National Stock Exchange (NSE). The primary requirement is that the company must fall within the small-cap range in terms of market capitalization. Additionally, the stock should have a minimum float-adjusted market capitalization and liquidity.
The selection process also considers factors such as trading frequency and average impact cost. Companies must have a track record of consistent performance and should be among the top small-cap stocks by market capitalization. The index is periodically reviewed to ensure it remains representative.
Stocks that no longer meet the criteria may be removed and replaced with new ones that qualify. This dynamic selection process helps maintain the index’s relevance and ensures it accurately represents the current state of the small-cap sector.
History of the Nifty Smallcap 100
The Nifty Smallcap 100 index was launched by the National Stock Exchange (NSE) of India to provide a benchmark for the performance of small-capitalization companies. It was created to track the performance of 100 small-cap companies listed on the NSE, filling the gap in representation for smaller companies.
Since its inception, the index has undergone several changes to reflect the evolving landscape of India’s small-cap sector. These changes include additions and deletions of companies based on their market capitalization and liquidity, as well as adjustments to the weightings of constituent stocks.
The Nifty Smallcap 100 has played a crucial role in tracking the growth of India’s small-cap segment. It has become an important tool for investors, fund managers and analysts to gauge the performance of small-cap stocks and make informed investment decisions.
Key Factors of Nifty Smallcap 100 Index Performance
The main factors influencing the Nifty Smallcap 100 Index performance include economic conditions, market sentiment, liquidity, sector-specific trends and company-specific factors. These elements collectively shape the index’s movements and overall trend.
- Economic Conditions: Small-cap stocks are often more sensitive to economic changes. Factors like GDP growth, interest rates and inflation can significantly impact their performance.
- Market Sentiment: Investor risk appetite plays a crucial role in small-cap performance. During bullish periods, small-caps often outperform, while they may underperform in bearish markets.
- Liquidity: Small-cap stocks typically have lower trading volumes, which can lead to higher volatility and impact index performance.
- Sector-Specific Trends: Many small-caps operate in niche sectors. Developments in these specific industries can greatly influence individual stock performance and the index.
- Company-Specific Factors: Individual company performances, including earnings growth, management quality and business model sustainability, play a significant role in shaping the index’s overall performance.
Benefits of Investing in the Nifty Smallcap 100
The main benefits of investing in the Nifty Smallcap 100 include the potential for high returns, exposure to emerging companies, diversification and participation in India’s growth story. These advantages make it an attractive option for many investors.
- High Growth Potential: Small-cap companies often have more room for growth compared to larger firms, potentially offering higher returns over the long term.
- Exposure to Emerging Sectors: The Nifty Smallcap 100 includes companies from various sectors, including emerging ones, providing exposure to new growth areas in the economy.
- Diversification: Investing in small-caps can help diversify a portfolio that may be heavily weighted towards large-cap or mid-cap stocks, potentially reducing overall investment risk.
- Undiscovered Gems: Small-cap investing offers the opportunity to identify and invest in promising companies before they become widely recognized.
- Participation in India’s Growth: Many small-cap companies are closely tied to domestic economic growth, allowing investors to participate in India’s economic expansion at a grassroots level.
Risks of Investing in the Nifty Smallcap 100 Index
The main risks of investing in the Nifty Smallcap 100 Index include higher volatility, liquidity concerns, limited information availability and company-specific risks. These factors can potentially impact the performance and returns of small-cap sector investments.
- Higher Volatility: Small-cap stocks tend to be more volatile than large-caps or mid-caps, potentially leading to significant price fluctuations in shorter periods.
- Liquidity Risk: Many small-cap stocks have lower trading volumes, which can make it difficult to buy or sell large quantities without impacting the stock price.
- Limited Information: Smaller companies often have less analyst coverage and may provide less detailed financial information, making thorough research more challenging.
- Company-Specific Risks: Small-cap companies may have less diversified business models or be more dependent on specific products or markets, increasing their vulnerability to company-specific issues.
- Economic Sensitivity: Small-cap companies are often more sensitive to economic cycles, which can lead to underperformance during economic downturns.
How To Invest in Nifty Smallcap 100 Stocks?
Investing in Nifty Smallcap 100 stocks can be done through various methods. The most direct approach is to buy individual stocks of companies included in the Nifty Smallcap 100 index through a stockbroker like Alice Blue. This allows investors to select specific companies they believe will perform well.
Another popular method is investing in mutual funds or Exchange Traded Funds (ETFs) that track the Nifty Smallcap 100 index. These funds provide diversified exposure to the small-cap sector without the need to manage individual stocks. They offer professional management and automatic rebalancing.
For those seeking a more passive approach, index funds replicating the Nifty Smallcap 100 are available. These funds aim to match the index’s performance by holding the same stocks in similar proportions, offering a cost-effective way to invest in the entire small-cap sector.
What Are The Tax Implications Of Investing In Nifty Smallcap 100 Index?
The tax implications of investing in the Nifty Smallcap 100 Index depend on the investment method and holding period. For direct stock investments, short-term capital gains (held for less than one year) are taxed at 15%, while long-term gains (over one year) above ₹1 lakh are taxed at 10%.
For investments through mutual funds or ETFs, similar rules apply. However, equity-oriented funds held for over a year benefit from indexation, potentially reducing the tax burden. Dividends from small-cap stocks or funds are taxable at the investor’s applicable income tax slab rate.
It’s important to note that tax laws can change and individual circumstances may vary. Consulting with a tax professional is advisable to understand the specific tax implications based on your investment strategy and overall financial situation.
Future of Nifty Smallcap 100
The future of Nifty Smallcap 100 looks promising, driven by India’s economic growth potential and the ability of small companies to capitalize on niche opportunities. As the Indian economy continues to expand and diversify, many small-cap companies are well-positioned to benefit from increased consumer spending, urbanization and technological advancements.
The small-cap segment often contains tomorrow’s market leaders, making it an exciting space for growth-oriented investors. With ongoing reforms and initiatives to boost entrepreneurship in India, the small-cap sector may see the emergence of innovative companies across various industries.
However, the small-cap sector may face challenges such as increased competition, regulatory changes and economic uncertainties. Companies that successfully navigate these challenges, focus on innovation and maintain strong financial health are likely to drive the index’s future performance.
FAQs – Nifty Smallcap 100 Index
The Nifty Smallcap 100 index comprises 100 publicly traded companies on the National Stock Exchange of India, representing the small-cap segment. These stocks cover various industries, providing a diversified portfolio of smaller companies with potentially high growth opportunities but also higher volatility and risk.
Best Nifty Smallcap 100 Stocks #1: Glenmark Pharmaceuticals Ltd
Best Nifty Smallcap 100 Stocks #2: Blue Star Ltd
Best Nifty Smallcap 100 Stocks #3: National Aluminium Co Ltd
Best Nifty Smallcap 100 Stocks #4: Brigade Enterprises Ltd
Best Nifty Smallcap 100 Stocks #5: Central Depository Services (India) Ltd
The Best Nifty Smallcap 100 Stocks are based on market capitalization.
The objective of the Nifty Smallcap 100 is to track the performance of 100 small-capitalization companies listed on the NSE. It aims to provide investors with a benchmark for the small-cap segment’s performance and facilitate index-based investments in smaller companies.
Nifty Smallcap 100 works by representing the collective performance of 100 selected small-cap stocks. It uses a free-float market capitalization-weighted methodology to calculate the index value. The index is regularly reviewed and rebalanced to ensure it accurately reflects the current small-cap market scenario.
Nifty Smallcap 100 is controlled and managed by NSE Indices Limited, a subsidiary of the National Stock Exchange of India (NSE). This entity is responsible for maintaining the index, including periodic reviews, rebalancing and ensuring compliance with the index methodology and rules.
Nifty Smallcap 100 was launched by the National Stock Exchange of India on January 1, 2004. Since its inception, it has served as a key benchmark for tracking the performance of the small-cap segment in the Indian stock market.
To invest in Nifty Smallcap 100 stocks in India, you can buy individual stocks through Alice Blue, invest in mutual funds or ETFs tracking the index, or opt for index funds replicating the Nifty Smallcap 100. Each method offers different levels of involvement and diversification.
The Nifty Smallcap 100 Index consists of 100 companies. This number remains constant, although the specific companies included may change over time due to periodic reviews and rebalancing based on market capitalization and other criteria set by the NSE.
Stocks for the Nifty Smallcap 100 Index are chosen based on criteria including market capitalization, liquidity and float-adjusted market cap. Companies must fall within the small-cap range and meet minimum requirements for trading frequency and impact cost. The selection is reviewed periodically.
Yes, you can buy Nifty Smallcap 100-based instruments like ETFs today and sell them tomorrow. However, for individual small-cap stocks, while you can buy and sell on consecutive days, it’s subject to settlement cycles and regulations. Always consider transaction costs and short-term capital gains tax implications.
Investing in the Nifty Smallcap 100 Index can be good for those seeking high growth potential and exposure to emerging companies. However, it carries higher risks due to volatility. Consider your financial goals, risk tolerance and market conditions before investing.
We hope you’re clear on the topic, but there’s more to explore in stocks, commodities, mutual funds, and related areas. Here are important topics to learn about.
Disclaimer: The above article is written for educational purposes and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.