Analysis
Every industry and policy we cover, two ways. Deep dive maps its supply chain: the layers, who supplies them and which companies are listed. Reports are ten-slide summaries for investors: latest developments, value chain, PESTLE, the listed beneficiaries and their financials, and the research behind it. Each industry’s Charts button shows the price chart of any of its listed stocks, picked by layer; Baskets backtests them together against the Nifty 50. The IPOs tab summarises the prospectus of each big upcoming issue.
Nifty 50
India's 50 largest listed companies, grouped by industry - see which part of the market is moving the index
- Revenue
- ₹75.09L Cr
- Median P/E
- 30.7x
- Median ROCE
- 14.2%
Electric 4-Wheeler
India EV passenger car supply chain
- Revenue
- ₹7.86L Cr
- Median P/E
- 37.1x
- Median ROCE
- 14.2%
Semiconductors (Fab + ATMP)
India's chip fab, OSAT/ATMP and materials supply chain
- Revenue
- ₹62,379 Cr
- Median P/E
- 65.0x
- Median ROCE
- 17.5%
Data Center / AI Infrastructure
Servers, cooling, power backup and the physical AI buildout
- Revenue
- ₹1.22L Cr
- Median P/E
- 40.8x
- Median ROCE
- 21.2%
Railways / Vande Bharat & Metro Rolling Stock
Bogies, traction, signalling, braking and coach fabrication - India's rail 'Make in India' story
- Revenue
- ₹2.56L Cr
- Median P/E
- 38.8x
- Median ROCE
- 18.3%
Naval Shipbuilding & Defence Shipyards
Hull steel, propulsion, combat systems and the shipyards that build India's warships
- Revenue
- ₹1.95L Cr
- Median P/E
- 48.5x
- Median ROCE
- 16.2%
Aerospace Component Manufacturing & MRO
Forgings, composites, landing gear and engine components - and the MRO hangars that keep fleets flying
- Revenue
- ₹92,348 Cr
- Median P/E
- 80.8x
- Median ROCE
- 13.3%
5G/6G Telecom Buildout
Towers, small cells, antennas, fibre and the network gear behind India's mobile buildout
- Revenue
- ₹4.01L Cr
- Median P/E
- 39.4x
- Median ROCE
- 16.4%
Solar Module Manufacturing (ALMM)
The ALMM policy stack: polysilicon to panel - India's domestic solar push
- Revenue
- ₹1.67L Cr
- Median P/E
- 17.0x
- Median ROCE
- 26.0%
Energy Generation
Thermal, solar, wind, hydro & storage - India's power generation mix
- Revenue
- ₹4.84L Cr
- Median P/E
- 24.5x
- Median ROCE
- 10.5%
Real Estate
Developers, REITs, construction, building materials & housing finance
- Revenue
- ₹12.64L Cr
- Median P/E
- 34.4x
- Median ROCE
- 11.4%
Pharmaceuticals
KSMs, APIs, CDMOs, US generics, branded India and biologics - India's medicine value chain
- Revenue
- ₹4.35L Cr
- Median P/E
- 36.8x
- Median ROCE
- 15.5%
Semicon 2.0 + Mobile Phones (MPMS)
India's chip and phone schemes: Semicon 2.0 for fabs and chip packaging, MPMS for phone assembly
- Revenue
- ₹3.74L Cr
- Median P/E
- 67.3x
- Median ROCE
- 14.2%
Rare-Earth Magnets (REPM)
The ₹7,280 Cr sintered rare-earth permanent magnet scheme - from beach-sand minerals to the magnets in EV motors, wind turbines and missiles
- Revenue
- ₹4.35L Cr
- Median P/E
- 31.4x
- Median ROCE
- 17.4%
Defence Procurement (DAC approvals)
DAC approvals, Buy (Indian-IDDM) and import-ban lists - who wins as India buys its weapons at home
- Revenue
- ₹4.68L Cr
- Median P/E
- 79.0x
- Median ROCE
- 16.2%
Electronic Components (ECMS)
The ₹40,000 Cr Electronics Component Manufacturing Scheme - PCBs, camera and display modules, passives and the materials beneath them
- Revenue
- ₹2.01L Cr
- Median P/E
- 60.7x
- Median ROCE
- 14.6%
Smartphone
Display, SoC, camera module & battery supply chain
Coming soonLaptop
Panel, battery, chipset & chassis supply chain
Coming soonBattery storage (PLI-ACC)
Cell gigafactories benefiting from the Advanced Chemistry Cell PLI scheme
Coming soonGreen Hydrogen Mission
Electrolyser makers and green ammonia/steel offtakers benefiting from the National Green Hydrogen Mission
Coming soonCritical Minerals Mission
Lithium, cobalt and rare-earth processors benefiting from the National Critical Mineral Mission
Coming soon