Whereas the 50-stock Nifty has a superior 12-month return of 10%, a comparability of high 100 shares represented by Nifty 100, Nifty Midcap 100 and Nifty Smallcap 100 is a extra like-to-like comparability.
The returns of Nifty 100 index stood at 7.4% as on Could 20, 2025 and on this 53 shares have delivered constructive returns as much as 64% whereas 44 shares are within the pink, falling by as much as 57%. In the meantime, the returns of Nifty Midcap 100 over a 12 month interval stood at 8.3% with 48 shares transferring within the constructive territory and 47 shares had been discovered to be buying and selling within the pink.
As for the Nifty Smallcap 100, the index has risen by 2.8% previously one 12 months with constructive returns by 52 shares whereas 42 shares slipped into the pink. Six shares haven’t accomplished one 12 months of itemizing.
The information doesn’t embody modifications of the previous buying and selling session and as we speak’s session as the newest information will likely be up to date after market closing hours.
Largecap leaders
Within the Nifty 100 index, there are 34 shares which have given double digit returns over a 1-year interval and on this 20 shares have given returns of 20% or extra viz. Divi’s Laboratories, Bajaj Holdings & Funding, Bharat Electronics (BEL), Shriram Finance, Bajaj Finance, Bharti Airtel, 34.22, The Indian Accommodations Firm (IHCL), United Spirits, HDFC Life Insurance coverage Firm, HDFC Financial institution, ICICI Financial institution, Bajaj Finserv, Cholamandalam Funding and Finance Firm, TVS Motor Firm, Interglobe Aviation (Indigo), Kotak Mahindra Financial institution, HCL Applied sciences, Mahindra & Mahindra, SBI Life Insurance coverage Firm and Tech Mahindra.
Among the many largest laggards had been Punjab Nationwide Financial institution (PNB), Varun Drinks, Indian Railway Finance Company (IRFC), Tata Motors, JIO Monetary Providers, REC, ABB India, IndusInd Financial institution, Adani Inexperienced Power and Siemens which have fallen between 20% and 57%.
In the meantime, Swiggy, Bajaj Housing Finance and Hyundai Motor India haven’t accomplished 1 12 months of itemizing. Swiggy, which was listed on November 13, 2024 is buying and selling 20% under its challenge worth of Rs 390. In the meantime, Bajaj Housing Finance, which was listed on September 16, 2024 is buying and selling 77% larger over the itemizing worth of Rs 70. Hyundai Motor India obtained listed on October 22, 2024 and its shares are 2.5% decrease from the higher worth financial institution of Rs 1,960.
On the index degree, the Nifty 100 index has given 7.8% returns previously 12 months.
Midcap masters
Within the Midcap 100 index, 33 shares have given double-digit returns whereas three counters have turned multibaggers viz. BSE, One 97 Communications (Paytm) and Mazagon Dock Shipbuilders yielding 164%, 147% and 132%, respectively.
Different shares within the high 20 listing embody Dixon Applied sciences (India), Bharti Hexacom, Coforge, Persistent Programs, Photo voltaic Industries India, Bharat Dynamics, Jubilant FoodWorks, Suzlon Power, Rail Vikas Nigam (RVNL), Glenmark Prescribed drugs, Max Healthcare Institute, Max Monetary Providers, Web page Industries, Kalyan Jewellers India, SRF, UPL and Motilal Oswal Monetary Providers (MOFSL) which have delivered between 85% and 27% returns.
Among the many largest laggards are Metal Authority Of India (SAIL), Adani Whole Gasoline, IRB Infrastructure Builders, Indian Railway Catering And Tourism Company (IRCTC), Tata Applied sciences, Hindustan Zinc, Supreme Industries, Container Company Of India, Astral and Vodafone Thought which have declined between 28% and 51%.
Vishal Mega Mart, NTPC Inexperienced Power, Premier Energies, OLA Electrical Mobility and Waaree Energies haven’t accomplished one 12 months of itemizing.
Premier Energies has had a stellar run since its itemizing and has turned multibagger with 140% development over the difficulty worth of Rs 450. The subsequent high performer is Waaree with 101% rise over the difficulty worth of Rs 1,503. Vishal has delivered 57% returns over the difficulty worth of Rs 78 whereas Ola Electrical has declined 33% from its challenge worth of Rs 76.
Small wonders
Traders have remained cautious of smallcaps amid valuations issues, preferring giant and midcaps whereas remaining selective on this pack.
PG Electroplast (275%), Backyard Attain Shipbuilders & Engineers (GRSE, 112%) and Godfrey Phillips India (107%) are solely multibaggers.
Others like Zen Applied sciences, Firstsource Options, Kaynes Know-how India, Neuland Laboratories, Reliance Energy, Aster DM Healthcare, Amber Enterprises India, Multi Commodity Trade (MCX), Chambal Fertilisers and Chemical compounds, Radico Khaitan, Aegis Logistics, PCBL Chemical, Shyam Metalics And Power, KFin Applied sciences, PNB Housing Finance, Nuvama Wealth Administration and Piramal Pharma which have given between 97% and 38% returns.
The largest laggards embody PVR Inox, Sonata Software program, Trident, Cyient, Swan Power, Titagarh Rail Programs, Ircon Worldwide, Birlasoft, Tejas Networks and Hindustan Copper which have seen their share worth erode by 27%-42%.
Among the many shares which might be buying and selling under the difficulty worth are Afcons Infrastructure, Brainbees Options (Firstcry) and Worldwide Gemmological Institute (India). In the meantime, Go Digit Basic Insurance coverage (21%), Inventurus Information Options (19%) and Sagility India (46%) are buying and selling above the higher worth band.
Additionally Learn: FII return sees Rs 46,000 crore shopping for spree, doubtless choose largecaps vs broader market shares. Right here’s why
Traits
Markets have displayed resilience after the pause of Trump tariffs on April 9, 2025 and led a comeback of the International Institutional Traders (FIIs) which has helped market stabilize.
Geojit Investments’ VK Vijayakumar explains how largecap superiority has dominated the institutional thoughts off-late. He mentioned that there’s a large shift in market choice in favour of largecaps away from overvalued segments of mid and smallcaps is important. FIIs are primarily shopping for largecaps and this development can proceed, he opined.
Puneet Sharma, CEO and Fund Supervisor at Whitespace Alpha mentioned that smallcaps have remained in choice for retail buyers and home mutual fund story at this level, with FIIs staying cautious as a result of elevated valuations and restricted liquidity headroom.
Valuations: Largecaps Vs Midcaps Vs Smallcaps
JM Monetary in a word mentioned that enormous, mid and small cap indices are all buying and selling one customary or extra above the imply, which means that absolute valuations are usually not low cost. ” FY26E absolute P/E, one may interpret that comparatively midcaps are the costliest (Nifty Midcap 100 at 29.3x), adopted by small caps (Nifty Smallcap at 25.2x), and enormous caps being the most cost effective (Nifty50 at 20.6x),” a brokerage word mentioned.
However the word additionally sees midcaps to be the most cost effective (Nifty Midcap 100 at 1.3x) by way of FY26E PEG adopted by small caps (Nifty Smallcap 100x at 1.7x) and the largecaps being the costliest (Nifty50 at 1.9x).
(Disclaimer: Suggestions, solutions, views and opinions given by the consultants are their very own. These don’t symbolize the views of Financial Instances)
