Nifty100 Alpha 30

The table below shows the Nifty100 Alpha 30 based on the Highest Market Capitalization.

To know more about the Nifty100 Alpha 30, refer to: Nifty100 Alpha 30

Nifty100 Alpha 30 Meaning

The Nifty100 Alpha 30 index consists of 30 high alpha stocks selected from the Nifty100 universe. These stocks are chosen based on their potential to generate excess returns over the market average, offering investors a focused approach to capturing high-performing equities within the top 100 companies.

Features Of The Nifty100 Alpha 30

The main feature of the Nifty100 Alpha 30 index is that it is designed to track the performance of 30 companies from the Nifty 100 with high alpha. Alpha is a measure of a stock’s performance relative to a benchmark index, and this selection aims to capture companies that have demonstrated the potential for excess returns.

1. High Alpha Selection: The index focuses on stocks with high alpha, which means they have outperformed the market benchmark, indicating strong performance potential.

2. Diversification Across Sectors: It includes companies from various sectors to ensure diversification, reducing the risk associated with sector-specific downturns.

3. Free Float Market Capitalization Weighted: The index is weighted based on the free float market capitalization of the companies, ensuring larger and more liquid stocks have a greater impact.

4. Quarterly Rebalancing: The index is rebalanced quarterly to maintain its focus on high alpha stocks, ensuring it remains aligned with its objective of capturing outperformers.

5. Liquidity Screening: Companies included in the index must meet certain liquidity criteria, ensuring the stocks are easily tradable without significantly affecting the price.

6. Transparent Methodology: The selection and weighting methodology of the index is transparent, allowing investors to understand the basis of its composition and make informed investment decisions.

Nifty100 Alpha 30 Stocks Weightage

The table below shows the Nifty100 Alpha 30 stocks based on the Highest Weights.

Nifty100 Alpha 30 Stocks List

The table below shows the Nifty100 Alpha 30 Stocks List based on a one-year return.

How To Buy Nifty100 Alpha 30?

To buy Nifty100 Alpha 30, open a trading account with a broker that offers access to this index. Deposit funds, search for Nifty100 Alpha 30, and place a buy order. Ensure you have sufficient funds and complete the transaction through your broker’s platform.

Advantages of Nifty100 Alpha 30

The main advantages of investing in the Nifty100 Alpha 30 are the opportunity to capitalize on a diversified portfolio of high-potential stocks, offering strategic advantage to investors through targeted selection and robust performance metrics.

1. Diversification: The Nifty100 Alpha 30 index comprises a diversified range of stocks, reducing the risk associated with individual stock investments.

2. High Potential: The index focuses on stocks with strong growth potential, enhancing the likelihood of higher returns.

3. Strategic Selection: Stocks in the Nifty100 Alpha 30 are selected based on rigorous criteria, ensuring a focus on quality and performance.

4. Robust Performance: Historically, the Nifty100 Alpha 30 has demonstrated robust performance, making it an attractive option for investors seeking growth.

5. Reduced Volatility: By including a mix of stable and high-growth stocks, the index helps in minimizing overall portfolio volatility.

Disadvantages of Nifty100 Alpha 30

The main disadvantages of investing in Nifty100 Alpha 30 include its higher volatility compared to other indices, which can lead to larger fluctuations in investment value and increased risk for investors.

1. Limited Diversification: Nifty100 Alpha 30 focuses on a smaller set of high alpha stocks, potentially leading to less diversification and increased exposure to specific market sectors.

2. Higher Risk: The emphasis on high alpha stocks can result in greater volatility and higher risk, making it less suitable for conservative investors.

3. Performance Dependency: The index’s performance is highly dependent on the selected stocks’ ability to outperform, which may not always be consistent.

4. Cost Implications: Investing in high alpha stocks may involve higher transaction costs due to frequent trading and potential liquidity issues.

5. Market Sensitivity: Nifty100 Alpha 30 may be more sensitive to market swings and economic downturns, impacting the stability and returns of the portfolio.

Introduction to Nifty100 Alpha 30

Larsen and Toubro Ltd

The Market Cap of Larsen and Toubro Ltd is Rs. 498472.12 crores. The stock’s monthly return is 3.69%. Its one-year return is 47.63%. The stock is 10.89% away from its 52-week high.

Larsen & Toubro Limited is involved in a range of activities, including engineering, procurement, and construction projects (EPC), hi-tech manufacturing, and services. The company operates in various segments such as Infrastructure Projects, Energy Projects, Hi-Tech Manufacturing, IT & Technology Services, Financial Services, Development Projects, and Others. 

The Infrastructure Projects division focuses on engineering and constructing buildings, factories, transportation infrastructure, heavy civil infrastructure, power transmission and distribution, water and effluent treatment, as well as minerals and metals. The Energy Projects segment provides EPC solutions for the hydrocarbon, power, and green energy sectors.  

Adani Enterprises Ltd

The Market Cap of Adani Enterprises Ltd is equivalent to Rs 385884.68 crore. The stock’s monthly return rate is 6.41%. Its one-year return rate is 32.56%. Currently, the stock is 17.39% away from its 52-week high.

Adani Enterprises Limited, headquartered in India, is a global integrated infrastructure company with diversified operations in various sectors. These include integrated resource management, mining services, commercial mining, new energy ecosystems, data centers, airports, roads, copper, digital services, and Fast-Moving Consumer Goods (FMCG). 

The company’s business segments encompass integrated resources management, mining services, commercial mining, new energy ecosystems, airports, roads, and other ventures. Integrated resources management involves comprehensive procurement and logistics services. The mining segment undertakes service contracts for nine coal blocks producing over 100 million metric tons per annum. The company’s airport division focuses on airport construction, operations, and maintenance, while the new energy ecosystem specializes in cell and module manufacturing.  

NTPC Ltd

The Market Cap of NTPC Ltd is Rs. 3,63576.50 crores. The stock’s monthly return is -2.43%. Its one-year return is 91.89%. The stock is 9.28% away from its 52-week high.

NTPC Limited is an India-based company that specializes in power generation. The company’s main focus is on producing and selling large quantities of power to State Power Utilities. NTPC operates in two main segments: Generation and Others. The Generation segment is responsible for producing and selling power to state power utilities, while the Other segment provides services such as consultancy, project management, energy trading, and more. 

NTPC owns and operates a total of 89 power stations in different Indian states, either on its own or through joint ventures and subsidiaries. Some of its key subsidiaries include NTPC Vidyut Vyapar Nigam Limited, NTPC Electric Supply Company Limited, and NTPC Mining Limited, among others.

Tata Motors Ltd

The Market Cap of Tata Motors Ltd is Rs. 352184.77 crore. The stock’s monthly return is 2.58%. Its one-year return is 65.43%. The stock is 10.79% away from its 52-week high.

Tata Motors Limited is a worldwide car manufacturer with a broad product lineup that includes cars, SUVs, trucks, buses, and military vehicles. The company is divided into segments focusing on automotive operations and other activities. 

Within the automotive segment, there are four sub-segments: Tata Commercial Vehicles, Tata Passenger Vehicles, Jaguar Land Rover, and Vehicle Financing. The company’s other operations involve IT services, machine tools, and factory automation solutions.

Hindustan Aeronautics Ltd

The Market Cap of Hindustan Aeronautics Ltd is Rs. 345532.64 crores. The stock’s monthly return is 10.44%. Its one-year return is 170.68%. The stock is 7.97% away from its 52-week high.

Hindustan Aeronautics Limited, an India-based company, is involved in various activities such as designing, developing, manufacturing, repairing, overhauling, upgrading, and servicing a wide array of products including aircraft, helicopters, aero-engines, avionics, accessories, and aerospace structures. 

Their helicopter lineup includes Dhruv, Cheetah, Chetak, Lancer, Cheetal, Rudra, Light Combat Helicopter (LCH), and Light Utility Helicopter (LUH). Avionics products offered by the company encompass inertial navigation systems, auto stabilizers, head-up displays, laser range systems, flight data recorders, communication equipment, radio navigation equipment, onboard secondary radars, missile inertial navigation, radar computers, and ground radar systems. 

Coal India Ltd

The Market Cap of Coal India Ltd is Rs. 308,752.69 crores. The stock’s monthly return is 2.44%. Its one-year return is 110.20%. The stock is 9.83% away from its 52-week high.

Coal India Ltd., an Indian coal mining company, operates in 83 mining areas across eight states in India through its subsidiaries. The company oversees a total of 322 mines, comprising 138 underground, 171 opencast, and 13 mixed mines, as well as various facilities like workshops and hospitals. Additionally, Coal India Ltd. has 21 training Institutes and 76 Vocational Training Centers. 

The company also runs the Indian Institute of Coal Management (IICM), a corporate training institute offering multi-disciplinary programs. Furthermore, it has 11 subsidiary companies, including Eastern Coalfields Limited, Bharat Coking Coal Limited, Central Coalfields Limited, Western Coalfields Limited, South Eastern Coalfields Limited, Northern Coalfields Limited, Mahanadi Coalfields Limited, Central Mine Planning & Design Institute Limited, CIL Navi Karniya Urja Limited, CIL Solar PV Limited, and Coal India Africana Limitada.

Adani Ports and Special Economic Zone Ltd

The Market Cap of Adani Ports & Special Economic Zone Ltd is Rs. 305897.28 crore. The stock’s monthly return is 9.50%. Its one-year return is 98.21%. The stock is 9.15% away from its 52-week high.

Adani Ports and Special Economic Zone Limited is an Indian company that focuses on integrated ports and logistics. The company is divided into two segments: Port and special economic zone (SEZ) activities, and Others. The Port and SEZ activities segment involves the development, operation, and maintenance of ports services, infrastructure related to ports, and infrastructure development within special economic zones. 

The Others segment primarily includes logistics, transportation, and utility services. Adani Ports offers a ports-to-logistics platform that includes port facilities and integrated logistics capabilities, such as multimodal logistics parks, high-quality warehouses, and industrial economic zones. The company currently operates around 12 ports and terminals along the west and east coasts of India. Additionally, Adani Ports is in the process of developing two transshipment ports in Vizhinjam, Kerala, and Colombo, Sri Lanka.  

Adani Green Energy Ltd

The Market Cap of Adani Green Energy Ltd is Rs. 305187.62 crores. The stock’s monthly return is -0.94%. Its one-year return is 82.24%. The stock is 22.11% away from its 52-week high.

AGEL, an Indian holding company, is involved in renewable energy generation and related activities. It specializes in developing, constructing, owning, operating, and maintaining large-scale solar power, wind power, hybrid projects, and solar parks that are connected to the grid. The company operates in various markets within India, spanning across approximately 91 locations in different states. 

AGEL’s power projects are primarily situated in Gujarat Punjab, Rajasthan, Maharashtra, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana, Chhattisgarh, Madhya Pradesh, and Uttar Pradesh. Its wind power plants are located in Madhya Pradesh and Gujarat. AGEL and its subsidiaries sell the electricity generated from these projects through a mix of long-term power purchase agreements (PPAs) and merchant sales.

Adani Power Ltd

The Market Cap of Adani Power Ltd is Rs. 272685.58 crore. The stock’s monthly return is 17.19%. Its one-year return is 181.47%. The stock is 22.11% away from its 52-week high.

Adani Power Limited, a holding company, operates as a thermal power producer in India. It boasts a power generation capacity of about 12,450 megawatts (MW), including 12,410 MW from thermal power plants and a 40 MW solar power project. The company primarily emphasizes power generation services.

Bajaj Auto Ltd

The Market Cap of Bajaj Auto Ltd is Rs. 249815.63 crore. The stock’s monthly return is 9.57%. Its one-year return is 106.49%. The stock is 4.55% away from its 52-week high.

Bajaj Auto Limited, an India-based company, specializes in the manufacturing of two-wheelers, three-wheelers, and quadricycles. The company is involved in the development, production, and distribution of various automobiles, including motorcycles, commercial vehicles, electric two-wheelers, and components. It operates in segments such as Automotive, Investments, and Others. The motorcycle lineup comprises models such as Boxer, CT, Platina, Discover, Pulsar, Avenger, KTM, Dominar, Husqvarna, and Chetak. 

The commercial vehicle range includes Passenger Carriers, Good Carriers, and Quadricycles. Geographically, the company operates in India and other regions worldwide. Its manufacturing plants are located at Waluj, Chakan, and Pantnagar. Bajaj Auto Limited has five international subsidiaries and two Indian subsidiaries catering to different markets and functions.

Nifty100 Alpha 30 – FAQs

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.