S&P BSE Utilities Live Chart
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S&P BSE Utilities Performance
Days Range
Previous Close6,031.62
Open6,019.85
52W Range2,919.43 - 6,205.90
P/E Ratio24.57
S&P BSE Utilities Companies
|
Company
 |
LTP
|
Change
|
Day Range
|
|
|---|---|---|---|---|
|
Adani Energy Sol |
₹1,085.80 |
0.00 (0.00%) |
₹1,081.05 - ₹1,099.55 |
|
|
Adani Green |
₹1,880.90 |
0.00 (0.00%) |
₹1,866.20 - ₹1,905.55 |
|
|
Adani Power |
₹679.60 |
0.00 (0.00%) |
₹666.15 - ₹684.10 |
|
|
Antony Waste han |
₹440.25 |
0.00 (0.00%) |
₹434.60 - ₹445.60 |
|
|
CESC |
₹145.35 |
0.00 (0.00%) |
₹140.00 - ₹145.95 |
|
|
EMS |
₹490.70 |
0.00 (0.00%) |
₹452.15 - ₹499.00 |
|
|
Guj Inds. Power |
₹180.05 |
0.00 (0.00%) |
₹178.00 - ₹181.40 |
|
|
Inox Green |
₹135.40 |
0.00 (0.00%) |
₹131.80 - ₹139.00 |
|
|
JP Power Ven. |
₹19.40 |
0.00 (0.00%) |
₹19.00 - ₹19.75 |
|
|
JSW Energy |
₹604.25 |
0.00 (0.00%) |
₹602.80 - ₹621.90 |
|
|
KPI Green Energy |
₹1,797.95 |
0.00 (0.00%) |
₹1,755.00 - ₹1,849.50 |
|
|
Nava |
₹500.20 |
0.00 (0.00%) |
₹495.00 - ₹509.60 |
|
|
NHPC Ltd |
₹101.55 |
0.00 (0.00%) |
₹98.66 - ₹102.25 |
|
|
NLC India |
₹221.45 |
0.00 (0.00%) |
₹219.10 - ₹225.85 |
|
|
NTPC |
₹364.60 |
0.00 (0.00%) |
₹360.05 - ₹366.35 |
|
|
Orient Green |
₹20.12 |
0.00 (0.00%) |
₹18.95 - ₹20.12 |
|
|
Power Grid Corpn |
₹317.55 |
0.00 (0.00%) |
₹309.00 - ₹318.70 |
|
|
PTC India |
₹224.00 |
0.00 (0.00%) |
₹219.00 - ₹226.45 |
|
|
RattanIndia Pow. |
₹17.64 |
0.00 (0.00%) |
₹16.06 - ₹17.64 |
|
|
Reliance Infra. |
₹170.35 |
0.00 (0.00%) |
₹167.10 - ₹172.95 |
|
|
Reliance Power |
₹25.21 |
0.00 (0.00%) |
₹24.62 - ₹25.60 |
|
|
SJVN |
₹139.65 |
0.00 (0.00%) |
₹136.00 - ₹141.50 |
|
|
Tata Power Co. |
₹432.80 |
0.00 (0.00%) |
₹432.10 - ₹439.50 |
|
|
Torrent Power |
₹1,452.00 |
0.00 (0.00%) |
₹1,424.50 - ₹1,472.95 |
|
|
Va Tech Wabag |
₹969.50 |
0.00 (0.00%) |
₹959.40 - ₹989.50 |
|
|
Waaree Renewab. |
₹2,176.50 |
0.00 (0.00%) |
₹2,011.00 - ₹2,176.50 |
|
S&P BSE Utilities Sectors
| Sector Name | Advances | No Change | Declined |
|---|---|---|---|
| Capital Goods-Non Electrical Equipment | 0 | 1 | 1 |
| Diversified | 1 | 1 | 0 |
| Infrastructure Developers & Operators | 3 | 3 | 0 |
| Miscellaneous | 1 | 1 | 0 |
| Power Generation & Distribution | 9 | 17 | 7 |
| Trading | 1 | 1 | 0 |
| Power Infrastructure | 1 | 1 | 0 |
What is S&P BSE Utilities?
India, the second largest country in terms of population, needs more basic amenities like water, electricity, and natural gas. This makes the utility sector one of the most important industries in the country. Currently, it contributes over INR 786 billion to the Indian GDP. Therefore, utilities are a crucial sector, and tracking their performance and growth can help determine the health of the economy and estimate the pace of development.
The utilities sector includes companies that are involved in the production and distribution of basic infrastructural services. These companies provide basic amenities like electricity, natural gas, and water. It is an investment-intensive industry that focuses on improving the country’s infrastructural facilities.
The first and the most prominent index of BSE is SENSEX, which tracks the performance of the top 30 companies in terms of market cap. Later, BSE introduced a number of indices that were classified on the basis of different factors. There are 11 sectoral indices that have been classified on the basis of the sector or industry they belong to.
S&P BSE utilities are a part of the family of sectoral indices. This index tracks the price movement of the companies that are listed on the BSE AllCap and are classified as utility sector companies. The value of the index is determined by tracking the BSE utilities share price. It provides the investors with a reflection of how the country’s utility sector is performing.
It is one of the recently launched indexes, which was launched on 25th Feb, 2022. The value of the index is calculated in real-time. In other words, the BSE utilities share prices keep fluctuating with the price movement in its constituent stocks. This index consists of 23 stocks and an average market cap of INR 537,193.24 million. The S&P BSE utilities index is reflected in both INR and USD. Moreover, 18th Sep, 2020 is considered the base year for calculating the index value.
A free-float market capitalization method is used to calculate the share price. In simple terms, only the shares listed on the stock exchange and available to the public for trading are taken while calculating the index value, and the privately held shares are excluded. After calculating the float-adjusted market cap, the weights of the constituent stocks are adjusted as per the capped weights and rebalanced to arrive at the final index value.
Orgainisation
S&P BSE Utilities
Exchange
BSE
Founded Year
2005
How is S&P BSE Utilities Calculated?
BSE utilities is calculated using the free-float market capitalization method. As per the stock selection rules, there is a maximum limit on the amount of weight a constituent stock on the index can have. Given below are some conditions that affect the calculation and redistribution.
- The maximum weightage that a single stock can carry is not more than 33%.
- The average weightage of the top 3 constituents should not be more than 63%.
- If the weight in any of the above conditions exceeds the maximum value, the excess weight is distributed among the remaining constituents and subtracted from the capped constituent.
To help you understand redistribution of weights, here’s an example –
| Company Name | Weights in BSE Utilities |
| A | 34.00% |
| B | 19.00% |
| C | 18.50% |
| D | 18.50% |
| E | 10.00% |
| Total | 100.00% |
The weight of Company A exceeds 33%. Now the excess 1% (34%-33%) will be redistributed among the rest of the index constituents.
| Companies | Original Weight | Calculation | New Weight |
| A | 34.00% | (34 – 1)% | 33.00% |
| B | 19.00% | (19 + (1 ÷ 66 x 19))% | 19.29% |
| C | 18.50% | (18.50 + (1 ÷ 66 x 18.50))% | 18.78% |
| D | 18.50% | (18.50 + (1 ÷ 66 x 18.50))% | 18.78% |
| E | 10.00% | (10 + (1 ÷ 66 x 10))% | 10.15% |
| Total | 100.00% | 100.00% |
Similarly, if the average weightage of top 3 constituents exceeds 67%, the extra weight will be subtracted from the 3 capped stocks and divided among the rest of the stocks in the proportion of their weights.
S&P BSE Utilities FAQs
S&P BSE utilities consist of stocks that belong to the utility sector and are a part of the BSE AllCap. It has 23 constituents as of 2022 and is one of the recently launched indices that belong to the family of BSE’s sectoral indices.
How to invest in S&P BSE Utilities?
BSE utilities have a total of 23 constituent stocks. Therefore, you can invest individually in each stock if you have enough funds. Another way to invest is to buy the units of a mutual fund that invests in utility sector stocks. This will help you diversify your investment and require lesser investment.
What is the objective of S&P BSE Utilities?
S&P BSE utilities index has been designed to track the growth of the companies involved in the utility sector and help investors make informed decisions. For example, if the government introduces a new policy, this index can easily track its impact on the S&P BSE Utilities share price.
Is investment in S&P BSE Utilities safe?
The utility sector can sometimes be highly volatile and can be very sensitive to interest rates. While it is a little risky, it can also result in high returns. The best way to minimise your risk is to diversify your investments across sectors.
