S&P BSE Capital Goods Live Chart
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S&P BSE Capital Goods Performance
Days Range
Previous Close69,740.63
Open69,926.64
52W Range36,924.08 - 70,843.91
P/E Ratio53.79
S&P BSE Capital Goods Companies
|
Company
 |
LTP
|
Change
|
Day Range
|
|
|---|---|---|---|---|
|
A B B |
₹8,197.75 |
0.00 (0.00%) |
₹8,120.20 - ₹8,247.10 |
|
|
AIA Engineering |
₹3,674.10 |
0.00 (0.00%) |
₹3,660.95 - ₹3,699.35 |
|
|
B H E L |
₹294.10 |
0.00 (0.00%) |
₹288.75 - ₹297.10 |
|
|
Bharat Electron |
₹292.10 |
0.00 (0.00%) |
₹284.50 - ₹293.95 |
|
|
Bharat Forge |
₹1,568.00 |
0.00 (0.00%) |
₹1,544.00 - ₹1,573.00 |
|
|
Carborundum Uni. |
₹1,595.15 |
0.00 (0.00%) |
₹1,591.55 - ₹1,615.10 |
|
|
CG Power & Ind |
₹631.80 |
0.00 (0.00%) |
₹618.05 - ₹638.35 |
|
|
Elgi Equipments |
₹615.95 |
0.00 (0.00%) |
₹606.45 - ₹620.15 |
|
|
Finolex Cables |
₹1,484.85 |
0.00 (0.00%) |
₹1,395.80 - ₹1,500.05 |
|
|
GMR Airports Inf |
₹87.00 |
0.00 (0.00%) |
₹86.36 - ₹87.95 |
|
|
Grindwell Norton |
₹2,598.70 |
0.00 (0.00%) |
₹2,355.00 - ₹2,639.95 |
|
|
Hind.Aeronautics |
₹5,051.40 |
0.00 (0.00%) |
₹4,949.25 - ₹5,154.20 |
|
|
Honeywell Auto |
₹52,223.20 |
0.00 (0.00%) |
₹51,619.05 - ₹53,100.00 |
|
|
Kalpataru Proj. |
₹1,213.25 |
0.00 (0.00%) |
₹1,203.00 - ₹1,228.90 |
|
|
Lak. Mach. Works |
₹15,656.50 |
0.00 (0.00%) |
₹15,590.00 - ₹15,888.00 |
|
|
Larsen & Toubro |
₹3,633.50 |
0.00 (0.00%) |
₹3,609.85 - ₹3,661.00 |
|
|
Polycab India |
₹6,748.15 |
0.00 (0.00%) |
₹6,648.95 - ₹6,778.15 |
|
|
Praj Industries |
₹510.50 |
0.00 (0.00%) |
₹502.50 - ₹517.90 |
|
|
Rail Vikas |
₹375.50 |
0.00 (0.00%) |
₹362.75 - ₹378.40 |
|
|
Schaeffler India |
₹4,474.85 |
0.00 (0.00%) |
₹4,446.00 - ₹4,654.15 |
|
|
Siemens |
₹7,011.35 |
0.00 (0.00%) |
₹7,000.00 - ₹7,155.00 |
|
|
SKF India |
₹6,272.35 |
0.00 (0.00%) |
₹6,085.00 - ₹6,369.00 |
|
|
Sona BLW Precis. |
₹629.40 |
0.00 (0.00%) |
₹611.75 - ₹633.00 |
|
|
Suzlon Energy |
₹46.15 |
0.00 (0.00%) |
₹43.50 - ₹46.15 |
|
|
Thermax |
₹5,281.50 |
0.00 (0.00%) |
₹5,151.50 - ₹5,572.60 |
|
|
Timken India |
₹3,943.60 |
0.00 (0.00%) |
₹3,910.05 - ₹4,119.90 |
|
|
V-Guard Industri |
₹383.25 |
0.00 (0.00%) |
₹370.05 - ₹385.65 |
|
S&P BSE Capital Goods Sectors
| Sector Name | Advances | No Change | Declined |
|---|---|---|---|
| Auto Ancillaries | 1 | 1 | 0 |
| Cables | 2 | 2 | 0 |
| Capital Goods - Electrical Equipment | 5 | 7 | 2 |
| Capital Goods-Non Electrical Equipment | 3 | 5 | 2 |
| Castings, Forgings & Fastners | 1 | 2 | 1 |
| Infrastructure Developers & Operators | 1 | 3 | 2 |
| Bearings | 1 | 3 | 2 |
| Engineering | 0 | 1 | 1 |
| Electronics | 1 | 1 | 0 |
| Aerospace & Defence | 2 | 2 | 0 |
What are S&P BSE Cap Goods?
Contributing to almost 1.8% of India’s overall GDP and 12% of the manufacturing GDP, the capital goods industry plays a crucial role in the nation’s development. The companies involved in the manufacturing of capital goods form a strong base for the country’s infrastructure. Along with its share in the GDP, it has also generated 5 mn + direct employment. Given the importance of the capital goods industry, its performance significantly impacts the overall economic health of the country.
Capital goods are those goods that are used in creating finished products but are not directly used in the finished product. In other words, the machines and equipment that are used to manufacture other products. For example, a coffee machine that is used for making coffee. The companies involved in manufacturing such equipment are classified as capital goods industries.
Therefore, tracking the price movement of such companies can provide an overview of the country’s economic health. S&P BSE capital goods index has been designed to track the performance of the companies that are classified as capital goods sector. It includes companies that are involved in the manufacturing of capital goods (used to manufacture products but not used as raw material). The S&P BSE capital goods share price changes with the movement in the stock price. The constituents of this index are selected from BSE 500.
The BSE capital goods index was launched for the first time on August 9, 1999. The S&P BSE capital goods share price influences the value of the index, and it is calculated in real-time. The index is reflected in two currencies, i.e. INR and USD. Currently, there are 25 stocks on the index and they collectively hold a market cap of INR 329,456.96 million. The market cap of the stocks in the year 1999 is taken as the base market capitalization while calculating the index value. The base year for calculating the index value is 1999.
The BSE cap goods stocks are rebalanced semiannually in June and December. Float-adjusted market capitalization method is used to calculate the index value. Only the shares available for trading on the exchange are included while calculating the float-adjusted market cap.
Orgainisation
S&P BSE Capital Goods
Exchange
BSE
Founded Year
1999
How are S&P BSE Cap Goods Calculated?
The calculation of the BSE capital goods index is based on the float-adjusted market capitalization method, and the market cap is calculated on the basis of the freely tradable shares. Here’s an example to understand it better –
Company Q has 2 lakh shares on the stock exchange. Out of these, only 50% are exchange-traded. The market price of the stock is INR 1000. Then, it will be calculated as follows –
| Total Shares in Market for Company Q | A | 2 lakhs |
| Market Price per share of Company Q | B | INR 1000 |
| Total Market capitalization | C = A*B | INR 20 Crores |
| Free-float factor (50%) | D | 0.5 |
| Free-Float Market capitalization | E = C*D | INR 10 Crores |
The float-adjusted market cap of all the stocks is added and then divided by the market capitalization of the base year and multiplied with 100 to arrive at the index price.
| BSE Capital Goods Share Price Today = Total Free-Float Market capitalization x 100 / Base Market capitalization (1999) |
Criteria for Selecting Stocks
There are a few conditions that every stock needs to fulfil to be included in the index. Following are the conditions –
- The stocks should be a part of the BSE 500.
- The average float-adjusted market cap for the last 3 months is calculated and considered while determining the rankings.
- The stocks should have been traded for a minimum of 90% of the days in the previous three months to be eligible for inclusion.
S&P BSE Capital Goods FAQs
S&P BSE cap goods stocks are the companies that are involved in manufacturing goods such as machinery, tools, manufacturing, and mining equipment. The S&P BSE cap goods index consists of only those companies that are classified as capital goods sector and are a part of the BSE 500.
How to invest in S&P BSE Capital Goods?
There are two ways to invest in BSE cap goods share.
- You can invest in all the 25 shares individually. But for this, you will need more capital investment.
- You can also invest in a mutual fund that can invest your money in BSE capital goods shares.
The latter one is a better option because it allows you to get the benefits of diversification too at a low investment.
What is the objective of S&P BSE Capital Goods?
BSE Capital goods track the price movement in the stocks included in the index. The main purpose of this stock is to track the performance of companies classified in the capital goods sector.
Is investment in S&P BSE Cap Goods safe?
You can make your investment safer by investing in all the 25 constituents of the BSE capital goods index. This will help you mitigate the chances of loss and reduce the risk by providing you with enough diversification.
