The table below shows the Nifty100 Quality 30 based on the Highest Market Capitalization.
Name | Market Cap (Cr) | Close Price |
Tata Consultancy Services Ltd | 1392782.79 | 3810.75 |
HDFC Bank Ltd | 1153545.7 | 1665.75 |
Infosys Ltd | 606591.74 | 1532.7 |
Hindustan Unilever Ltd | 556629.92 | 2441.3 |
ITC Ltd | 544583.55 | 419.6 |
Maruti Suzuki India Ltd | 408737.49 | 12201.5 |
HCL Technologies Ltd | 364278.88 | 1447.85 |
Hindustan Aeronautics Ltd | 345532.64 | 5170.55 |
Coal India Ltd | 308752.69 | 480.2 |
Asian Paints Ltd | 275643.17 | 2890.85 |
Bajaj Auto Ltd | 249815.63 | 9602.25 |
Wipro Ltd | 242123.46 | 490.4 |
Nestle India Ltd | 237929.88 | 2498.4 |
Bharat Electronics Ltd | 217246.63 | 304.95 |
Pidilite Industries Ltd | 151161.24 | 3144.45 |
LTIMindtree Ltd | 143335.67 | 5125.45 |
Godrej Consumer Products Ltd | 134025.26 | 1356.85 |
Eicher Motors Ltd | 133650.87 | 4845.5 |
Tech Mahindra Ltd | 129125.11 | 1399.8 |
Britannia Industries Ltd | 126231.85 | 5330.3 |
To know more about the Nifty100 Quality 30, refer to Nifty100 Quality 30
Content:
Nifty100 Quality 30 Meaning
The Nifty100 Quality 30 index comprises 30 high-quality stocks selected from the Nifty 100 based on profitability, earnings stability, and low leverage. It aims to represent companies with strong financial health and superior quality metrics, providing a focused investment option for those seeking robust and stable growth potential.
Features Of The Nifty100 Quality 30
The main features Nifty100 Quality 30 Index highlight top-quality companies selected based on stringent criteria, ensuring robust performance and reliability.
1. Earnings Per Share (EPS): EPS indicates a company’s profitability by measuring the portion of a company’s profit allocated to each outstanding share of common stock.
2. Return on Equity (ROE): ROE measures a company’s profitability relative to shareholders’ equity, indicating how effectively management is using equity financing to grow the business.
3. Debt-to-Equity Ratio: This ratio compares a company’s total liabilities to its shareholder equity, assessing the financial leverage and risk level associated with the company’s capital structure.
4. Price-to-Earnings (P/E) Ratio: This ratio helps investors determine the market value of a stock compared to the company’s earnings, providing insight into whether the stock is over or undervalued.
5. Dividend Yield: The dividend yield shows the annual dividend income an investor can expect to receive relative to the stock’s current price, reflecting the income-generating potential of the investment.
6. Price-to-Book Ratio (P/B Ratio): The P/B ratio compares a company’s market value to its book value, indicating whether a stock is undervalued or overvalued by comparing the market’s valuation to the company’s actual net asset value.
Nifty100 Quality 30 Stocks Weightage
The table below shows the Nifty100 Quality 30 based on the Highest Weights.
Company’s Name | Weight(%) |
Tata Consultancy Services Ltd. | 5.06 |
Hindustan Unilever Ltd. | 5.06 |
Infosys Ltd. | 5.05 |
Nestle India Ltd. | 5.05 |
Coal India Ltd. | 5.02 |
ITC Ltd. | 4.99 |
HDFC Bank Ltd. | 4.89 |
HCL Technologies Ltd. | 4.52 |
Asian Paints Ltd. | 4.35 |
Britannia Industries Ltd. | 3.84 |
Nifty100 Quality 30 Stocks List
The table below shows the Nifty100 Quality 30 Stocks List based on a one-year return.
Name | Close Price | 1Y Return % |
Hindustan Aeronautics Ltd | 5170.55 | 170.68 |
Bharat Electronics Ltd | 304.95 | 148.33 |
Coal India Ltd | 480.2 | 110.2 |
Bajaj Auto Ltd | 9602.25 | 106.49 |
Havells India Ltd | 1887.05 | 40.89 |
Eicher Motors Ltd | 4845.5 | 35.71 |
Maruti Suzuki India Ltd | 12201.5 | 29.24 |
Godrej Consumer Products Ltd | 1356.85 | 27.57 |
Wipro Ltd | 490.4 | 27.21 |
Tech Mahindra Ltd | 1399.8 | 24.99 |
HCL Technologies Ltd | 1447.85 | 23.7 |
Infosys Ltd | 1532.7 | 17.96 |
Pidilite Industries Ltd | 3144.45 | 17.71 |
Tata Consultancy Services Ltd | 3810.75 | 16.96 |
Nestle India Ltd | 2498.4 | 9.14 |
Britannia Industries Ltd | 5330.3 | 5.14 |
LTIMindtree Ltd | 5125.45 | 2.5 |
HDFC Bank Ltd | 1665.75 | 1.84 |
ITC Ltd | 419.6 | -6.14 |
Hindustan Unilever Ltd | 2441.3 | -8.79 |
How To Buy Nifty100 Quality 30?
To buy Nifty100 Quality 30, open a trading account with a broker offering Nifty index funds. Select the Nifty100 Quality 30 index fund or ETF, specify the amount to invest, and place the order. Monitor your investment regularly to stay updated on its performance.
Advantages of Nifty100 Quality 30
The main benefits of investing in Nifty100 Quality 30 are the trustworthiness and high standards of the companies included in this index, which bolster investor confidence and make it a reliable choice for long-term investments.
1. High Quality: The index comprises companies with strong financials and consistent performance, ensuring high-quality investments.
2. Low Volatility: Companies in the Nifty100 Quality 30 tend to have lower volatility, providing a smoother investment journey.
3. Strong Governance: The companies are known for robust corporate governance practices, enhancing transparency and trust.
4. Consistent Returns: Historical data shows that the Nifty100 Quality 30 delivers consistent returns over the long term.
5. Risk Mitigation: Investing in quality stocks helps mitigate risks associated with market fluctuations.
Disadvantages of Nifty100 Quality 30
The main disadvantages of Nifty100 Quality 30 include the limited diversification, which can expose investors to higher risks associated with the specific sectors or companies included in the index.
1. Volatility: The focus on quality stocks might result in higher volatility during market downturns.
2. Liquidity Issues: Some of the stocks in the index may have lower liquidity, making it harder to execute large trades.
3. Limited Growth Potential: Quality stocks might offer lower growth potential compared to high-growth, high-risk stocks.
4. High Valuation: Quality stocks often trade at premium valuations, which can limit the upside potential.
5. Sector Concentration: The index might be overly concentrated in certain sectors, increasing sector-specific risks.
Introduction to Top Nifty100 Quality 30
Tata Consultancy Services Ltd
The Market Cap of Tata Consultancy Services Ltd is Rs. 13,927.79 crore. The stock’s monthly return is -1.37%. Its one-year return is 16.96%. The stock is 11.65% away from its 52-week high.
Tata Consultancy Services Limited (TCS) is an Indian company that offers information technology (IT) services, consulting, and business solutions. It serves various industries including Banking, Capital Markets, Consumer Goods and Distribution, Communications, Media, and Information Services, Education, Energy, Resources, and Utilities, Healthcare, High Tech, Insurance, Life Sciences, Manufacturing, Public Services, Retail, and Travel and Logistics.
Its services encompass Cloud, Cognitive Business Operations, Consulting, Cybersecurity, Data and Analytics, Enterprise Solutions, IoT and Digital Engineering, Sustainability Services, TCS Interactive, TCS and AWS Cloud, TCS Enterprise Cloud, TCS and Google Cloud, as well as TCS and Microsoft Cloud.
HDFC Bank Ltd
The Market Cap of HDFC Bank Ltd is Rs. 1153545.70 crore. The stock’s monthly return is 14.33%. Its one-year return is 1.84%. The stock is 5.51% away from its 52-week high.
HDFC Bank Limited, a financial services conglomerate, offers a wide range of financial services including banking, insurance, and mutual funds through its subsidiaries. The bank provides various services such as commercial and investment banking, branch banking, and digital banking.
Its Treasury segment comprises revenue from interest on investments, money market activities, gains or losses from investment operations, and trading in foreign exchange and derivatives. The Retail Banking segment focuses on digital services and other retail banking activities, while the Wholesale Banking segment caters to large corporates, public sector units, and financial institutions by providing loans, non-fund facilities, and transaction services.
Infosys Ltd
The Market Cap of Infosys Ltd is Rs. 606591.74 crore. The stock’s monthly return is 5.08%. Its one-year return is 17.96%. The stock is 13.07% away from its 52-week high.
Infosys Limited is a company based in India that offers consulting, technology, outsourcing, and digital services. Its business segments cover areas such as Financial Services, Retail, Communication, Energy, Utilities, Resources, Services, Manufacturing, Hi-Tech, and Life Sciences.
The remaining segments encompass various businesses in India, Japan, China, Infosys Public Services, and other public service enterprises. The company’s core services consist of application management, proprietary application development, validation solutions, product engineering and management, infrastructure management, enterprise application integration and support.
Hindustan Unilever Ltd
The Market Cap of Hindustan Unilever Ltd is Rs. 556,629.92 crores. The stock’s monthly return is 7.12%. Its one-year return is -8.79%. The stock is 13.45% away from its 52-week high.
Hindustan Unilever Limited, an Indian consumer goods company, operates across five key segments: Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream. Within the Beauty & Wellbeing segment, the company focuses on selling hair care, and skin care, including Prestige Beauty and Health & Wellbeing products.
The Personal Care segment covers skin cleansing, deodorant, and oral care products. Home Care involves fabric care and a variety of cleaning products. In the Nutrition segment, the company offers scratch cooking aids, dressings, and tea products. The Ice Cream segment focuses on selling ice cream products. Notable brands under the Home Care category include Domex, Comfort, and Surf Excel, among others.
ITC Ltd
The Market Cap of ITC Ltd is Rs. 544583.55 crore. The stock’s monthly return is -3.07%. Its one-year return is -6.14%. The stock is 19.09% away from its 52-week high.
ITC Limited, a holding company based in India, operates through several segments. These segments include Fast Moving Consumer Goods (FMCG), Hotels, Paperboards, Paper and Packaging, and Agri-Business. In the FMCG segment, the company offers a variety of products such as cigarettes, cigars, personal care items, safety matches, and packaged foods like staples, snacks, dairy products, and beverages.
The Paperboards, Paper, and Packaging segment focuses on specialty paper and packaging solutions. The Agri-Business segment deals with various agricultural commodities like wheat, rice, spices, coffee, soya, and leaf tobacco. ITC’s Hotel segment comprises six distinct brands with over 120 properties, catering to different market segments including luxury, lifestyle, premium, mid-market, upscale, and leisure and heritage.
Maruti Suzuki India Ltd
The Market Cap of Maruti Suzuki India Ltd is Rs. 408737.49 crores. The stock’s monthly return is -3.99%. Its one-year return is 29.24%. The stock is 7.15% away from its 52-week high.
Maruti Suzuki India Limited is involved in the manufacturing, purchasing, and selling of motor vehicles, components, and spare parts. The company focuses on producing and selling both passenger and commercial vehicles. It also offers aftermarket parts and accessories under the brand names Maruti Suzuki Genuine Parts and Maruti Suzuki Genuine Accessories.
In addition, the company facilitates the sale of pre-owned cars, provides fleet management services, and offers car financing. Maruti Suzuki’s vehicles are sold through three channels: NEXA, Arena, and Commercial. NEXA products include Baleno, Ignis, S-Cross, Jimny, and Ciaz, while Arena products include Vitara Brezza, Ertiga, Wagon-R, Dzire, Alto, Celerio, CelerioX, S-Presso, Eeco, and Swift. Commercial products include Super Carry and Eeco Cargo.
HCL Technologies Ltd
The Market Cap of HCL Technologies Ltd is Rs 364278.88 crore. The stock’s monthly return is 8.53%. Its one-year return is 23.70%. The stock is 17.23% away from its 52-week high.
HCL Technologies Limited is an India-based company specializing in technology services and products. The company operates through three main business segments: IT and Business Services (ITBS), Engineering and R&D Services (ERS), and HCLSoftware.
The ITBS segment offers a range of IT and business services such as application management, infrastructure support, digital process operations, and digital transformation services powered by digital technologies, analytics, IoT, cloud, and cybersecurity solutions. The ERS segment focuses on providing engineering services and solutions in software, embedded systems, mechanical engineering, VLSI, and platform engineering to support the entire product lifecycle in various industries.
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.
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. Additionally, the company provides services such as aircraft maintenance, repair, and operations (MRO), helicopter MRO, power plant services, and systems, accessories, and avionics maintenance.
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.
Asian Paints Ltd
The Market Cap of Asian Paints Ltd is Rs. 275643.17 crore. The stock’s monthly return is 3.73%. Its one-year return is -12.82%. The stock is 23.42% away from its 52-week high.
Asian Paints Limited is an India-based company involved in the manufacturing, selling, and distribution of paints, coatings, home decor products, bath fittings, and related services. Operating primarily in the Paints and Home Decor sector, the company produces a variety of products including paints, varnishes, enamels, thinners, chemical compounds, metal sanitary ware, cosmetics, and toiletries.
Its Home Decor division provides modular kitchens, wardrobes, bath fittings, sanitaryware, lighting, uPVC windows and doors, wall coverings, furniture, furnishing, and rugs. Additionally, the company offers services such as interior design, safe painting, wood and waterproofing solutions, online color consultancy, and contractor locator services.
Nifty100 Quality 30 – FAQs
Nifty100 Quality 30 is a stock index comprising 30 high-quality companies selected from the Nifty 100. These companies are chosen based on their financial strength, profitability, and stability, aiming to provide investors with a reliable investment option focusing on quality and long-term growth potential.
Nifty100 Quality 30 includes 30 companies selected from the Nifty 100 index. These companies are chosen based on stringent quality criteria, focusing on financial strength and stability. The index aims to represent the top-performing, high-quality companies, offering a reliable investment option for long-term growth and stability.
Highest Weightage In Nifty100 Quality 30 # 1: Tata Consultancy Services Ltd.
Highest Weightage In Nifty100 Quality 30 # 2: Hindustan Unilever Ltd.
Highest Weightage In Nifty100 Quality 30 # 3: Infosys Ltd.
Highest Weightage In Nifty100 Quality 30 # 4: Nestle India Ltd.
Highest Weightage In Nifty100 Quality 30 # 5: Coal India Ltd.
The top 5 stocks are based on Highest Weightage.
Investing in Nifty100 Quality 30 can be a good option for those seeking long-term growth and stability. The index comprises high-quality companies known for their financial strength and stability, offering potentially lower risk. However, it may have limited diversification and growth potential compared to other indices, so it’s essential to consider your investment goals and risk tolerance.
To buy Nifty100 Quality 30, you can invest in exchange-traded funds (ETFs) or mutual funds that track this index. Open a brokerage account, search for ETFs or mutual funds linked to Nifty100 Quality 30, and place an order to purchase shares through your broker.
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.