The NIFTY Next 50 Index represents 50 companies from NIFTY 100 after excluding the NIFTY 50 companies. It is computed based on free float methodology i.e. based on the number of shares in active circulation at any point of time. The NIFTY Next 50 Index represents about 10% of the free float market capitalization of the stocks listed on NSE as on March 31, 2019. It is used as benchmark for various equity Mutual Fund schemes.In the table below you will find important data on Nifty Next 50 Share prices, 52-week High and Low, PE ratio etc. Look for Green and Orange companies for investing. Bookmark this page for your easy reference in future.
In the table below you will find important data on Nifty Next 50 Companies Share prices, 52-week High and Low, PE ratio, etc. You will also get MoneyWorks4me's rating on Quality, Valuation, Price Trend and Overall Rating to assist you in taking informed stock investing decisions.
class="line-height-18 sub-heading-4">The NIFTY Next 50 Index represents a list of 50 companies that come after the top NIFTY 50 companies, according to the free-float market capitalization. As such, they are potential candidates for inclusion into the Nifty 50 Index.
The NIFTY Next 50 Index represents nearly 10% of the free-float market capitalization of the various stocks that are listed on the National Stock Exchange. It was launched in November 1996.
Better diversification: Investing in the NIFTY Next 50 Index allows for a better diversification as compared to the Nifty 50 index. The index doesn’t have concentrated allocation to any single stock.
Higher returns: Also, since the inception of the index, it has delivered annualized returns of around 16%, in comparison to the 12% returns generated by NIFTY. However, most of these returns came in only a single year so far. Investing in a Nifty index along with the Nifty Next 50 has proven to be a far better option.
To select the best stocks from the NIFTY Next 50 Index, you can check factors like stock returns over different time frames, the Return on Equity, the Price to Earnings (P/E) ratio, Price to Book Value (P/BV) ratio, and the company’s profitability.
Based on the past 5 years sales growth, the best-performing companies in the Nifty Next 50 index are:
Company Name | Is it a Right Stock? | CMP | Mkt Cap (Cr) | 5 Yr Sales Growth |
---|---|---|---|---|
Adani Transmission Ltd.(L) | Not Good | 275.1 | 30,531 | 142.78 |
Avenue Supermarts Ltd.(L) | Very Good | 2320 | 1,54,251 | 30.85 |
Piramal Enterprises Ltd.(L) | Very Good | 1511 | 34,354 | 23 |
Info Edge (India) Ltd.(L) | Very Good | 3,389 | 42,149 | 16.77 |
Motherson Sumi Systems Ltd.(L) | Somewhat Good | 116.7 | 36,900 | 15.86 |
If you wish to invest in the NIFTY Next 50 Index, you can either do it through mutual funds or Exchange Traded Funds (ETFs).
To invest through Index Mutual Funds, you will need to do as follows:
To invest via ETFs, you will need to open a Demat account with an authorized stockbroker. If you already have a Demat account, the process to invest in NIFTY Next 50 Index stocks are the same as purchasing any stock from your Demat account. Keep a note of the NIFTY Next 50 share prices, so you can start making your investments immediately.
Some of the best-performing stocks in the NIFTY Next 50 Index based on the past yearly gains are:
Company Name | Is it a Right Stock? | CMP | Mkt Cap (Cr) | Yearly Gain |
---|---|---|---|---|
Divis Laboratories Ltd.(L) | Very Good | 3272 | 86,794 | 107.5 |
Muthoot Finance Ltd.(L) | Very Good | 1,209 | 47,985 | 92.15 |
Abbott India Ltd.(L) | Very Good | 16,811 | 36,253 | 87.27 |
Biocon Ltd.(L) | Somewhat Good | 391 | 46,926 | 77.03 |
Cadila Healthcare Ltd.(L) | Very Good | 389 | 39,839 | 74.31 |
The NIFTY 50 Index consists of the 50 largest companies in India based on the free-float market capitalization. These 50 companies capture a total of 66.8% of the float-adjusted market capitalization of all the companies that are listed on the NSE.
In comparison, the NIFTY Next 50 is an index that comprises 50 companies from the NIFTY 100 list, excluding all the companies that are part of the NIFTY 50 Index, i.e. the next 50 companies based on free-float market capitalization.
Based on the past 5 years profitability, the best-performing companies in the Nifty 50 Index are:
Company Name | Is it a Right Stock? | CMP | Mkt Cap (Cr) | 5Y Profit Growth |
---|---|---|---|---|
Avenue Supermarts Ltd.(L) | Very Good | 2320 | 1,54,251 | 40.7 |
Hindustan Petroleum Corporation Ltd.(L) | Somewhat Good | 209.6 | 31,764 | 31.29 |
Petronet LNG Ltd.(L) | Very Good | 249.2 | 36,533 | 28.12 |
Siemens Ltd.(L) | Very Good | 1221 | 43,267 | 23.09 |
Abbott India Ltd.(L) | Very Good | 16811 | 36,253 | 21 |