Nifty India Manufacturing Live Chart
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Nifty India Manufacturing Performance
Days Range
Nifty India Manufacturing Companies
Company
|
LTP
|
Change
|
Day Range
|
|
---|---|---|---|---|
A B B |
₹8,198.35 |
-35.30 (-0.43%) |
₹8,124.95 - ₹8,248.45 |
|
AIA Engineering |
₹3,674.50 |
-12.35 (-0.33%) |
₹3,660.00 - ₹3,703.30 |
|
APL Apollo Tubes |
₹1,598.25 |
-19.10 (-1.18%) |
₹1,590.50 - ₹1,628.95 |
|
Ashok Leyland |
₹221.65 |
-5.20 (-2.29%) |
₹221.10 - ₹229.00 |
|
Astral |
₹2,114.05 |
-34.60 (-1.61%) |
₹2,106.50 - ₹2,145.00 |
|
Aurobindo Pharma |
₹1,218.90 |
-2.10 (-0.17%) |
₹1,203.10 - ₹1,230.00 |
|
B P C L |
₹633.55 |
-12.95 (-2.00%) |
₹632.40 - ₹642.95 |
|
Bajaj Auto |
₹9,070.20 |
80.45 (0.89%) |
₹8,902.75 - ₹9,139.45 |
|
Balkrishna Inds |
₹3,099.25 |
-0.30 (-0.01%) |
₹3,066.60 - ₹3,120.00 |
|
Bata India |
₹1,373.95 |
17.20 (1.27%) |
₹1,351.00 - ₹1,377.00 |
|
Bharat Electron |
₹292.15 |
3.05 (1.05%) |
₹285.00 - ₹293.95 |
|
Bharat Forge |
₹1,568.65 |
3.40 (0.22%) |
₹1,545.10 - ₹1,573.00 |
|
Bosch |
₹31,127.05 |
61.10 (0.20%) |
₹30,822.05 - ₹31,317.05 |
|
Carborundum Uni. |
₹1,595.00 |
-8.55 (-0.53%) |
₹1,589.60 - ₹1,618.95 |
|
Castrol India |
₹187.30 |
0.10 (0.05%) |
₹186.10 - ₹190.35 |
|
Century Textiles |
₹2,169.05 |
9.70 (0.45%) |
₹2,143.55 - ₹2,191.40 |
|
CG Power & Ind |
₹632.20 |
2.75 (0.44%) |
₹618.20 - ₹638.40 |
|
Cipla |
₹1,493.55 |
14.10 (0.95%) |
₹1,472.60 - ₹1,497.60 |
|
Coromandel Inter |
₹1,287.85 |
-3.25 (-0.25%) |
₹1,274.05 - ₹1,298.00 |
|
Crompton Gr. Con |
₹393.90 |
3.60 (0.92%) |
₹385.30 - ₹401.80 |
|
Cummins India |
₹3,834.65 |
2.35 (0.06%) |
₹3,760.00 - ₹3,859.90 |
|
Deepak Nitrite |
₹2,267.65 |
-31.80 (-1.38%) |
₹2,263.70 - ₹2,298.00 |
|
Divi's Lab. |
₹4,448.00 |
55.90 (1.27%) |
₹4,355.55 - ₹4,467.50 |
|
Dixon Technolog. |
₹9,238.70 |
141.55 (1.56%) |
₹9,008.00 - ₹9,255.00 |
|
Dr Reddy's Labs |
₹6,000.75 |
35.45 (0.59%) |
₹5,914.60 - ₹6,017.95 |
|
Eicher Motors |
₹4,745.40 |
-25.55 (-0.54%) |
₹4,724.25 - ₹4,808.85 |
|
Escorts Kubota |
₹3,853.40 |
6.70 (0.17%) |
₹3,602.00 - ₹3,888.00 |
|
Exide Inds. |
₹506.80 |
-3.10 (-0.61%) |
₹501.65 - ₹514.80 |
|
Grindwell Norton |
₹2,590.55 |
199.10 (8.33%) |
₹2,361.05 - ₹2,635.00 |
|
Havells India |
₹1,893.55 |
7.80 (0.41%) |
₹1,869.30 - ₹1,909.80 |
|
Hero Motocorp |
₹5,143.75 |
-40.20 (-0.78%) |
₹5,106.05 - ₹5,202.15 |
|
Hind.Aeronautics |
₹5,051.75 |
32.00 (0.64%) |
₹4,950.00 - ₹5,152.00 |
|
Hindalco Inds. |
₹705.30 |
24.00 (3.52%) |
₹682.30 - ₹713.50 |
|
Hindustan Zinc |
₹711.80 |
-4.50 (-0.63%) |
₹706.90 - ₹732.00 |
|
Honeywell Auto |
₹52,208.50 |
310.90 (0.60%) |
₹51,337.00 - ₹53,200.00 |
|
I O C L |
₹165.05 |
-2.00 (-1.20%) |
₹164.50 - ₹166.90 |
|
Jindal Steel |
₹1,038.55 |
-14.05 (-1.33%) |
₹1,030.25 - ₹1,051.15 |
|
JSW Steel |
₹901.90 |
-5.45 (-0.60%) |
₹896.45 - ₹910.00 |
|
K P R Mill Ltd |
₹794.05 |
9.55 (1.22%) |
₹769.10 - ₹799.00 |
|
Kajaria Ceramics |
₹1,269.60 |
-14.60 (-1.14%) |
₹1,255.00 - ₹1,283.75 |
|
KEI Industries |
₹4,207.95 |
65.90 (1.59%) |
₹4,119.00 - ₹4,222.00 |
|
Linde India |
₹8,415.45 |
38.80 (0.46%) |
₹8,035.00 - ₹8,559.95 |
|
Lupin |
₹1,601.45 |
-2.00 (-0.12%) |
₹1,578.25 - ₹1,612.15 |
|
M & M |
₹2,533.65 |
-19.15 (-0.75%) |
₹2,500.60 - ₹2,547.00 |
|
Maruti Suzuki |
₹12,788.65 |
-29.95 (-0.23%) |
₹12,750.00 - ₹12,850.05 |
|
Mazagon Dock |
₹3,357.35 |
320.50 (10.55%) |
₹2,975.00 - ₹3,403.95 |
|
MRF |
₹128,147.85 |
-961.35 (-0.74%) |
₹127,920.00 - ₹129,699.95 |
|
Navin Fluo.Intl. |
₹3,314.20 |
-22.65 (-0.68%) |
₹3,300.05 - ₹3,348.95 |
|
P I Industries |
₹3,578.55 |
-39.20 (-1.08%) |
₹3,561.35 - ₹3,604.00 |
|
Page Industries |
₹36,485.85 |
129.40 (0.36%) |
₹36,056.45 - ₹36,865.90 |
|
Pidilite Inds. |
₹3,037.00 |
-10.85 (-0.36%) |
₹3,015.00 - ₹3,050.00 |
|
Polycab India |
₹6,747.75 |
41.15 (0.61%) |
₹6,650.05 - ₹6,778.95 |
|
Reliance Industr |
₹2,881.55 |
-30.85 (-1.06%) |
₹2,876.90 - ₹2,916.00 |
|
Samvardh. Mothe. |
₹147.70 |
5.70 (4.01%) |
₹139.95 - ₹148.95 |
|
Schaeffler India |
₹4,481.50 |
-95.10 (-2.08%) |
₹4,444.05 - ₹4,650.00 |
|
Siemens |
₹7,016.80 |
-120.50 (-1.69%) |
₹7,000.00 - ₹7,154.55 |
|
SKF India |
₹6,277.40 |
115.55 (1.88%) |
₹6,070.55 - ₹6,374.00 |
|
Solar Industries |
₹9,239.85 |
-153.90 (-1.64%) |
₹9,170.00 - ₹9,498.95 |
|
Sona BLW Precis. |
₹630.70 |
9.80 (1.58%) |
₹610.55 - ₹633.30 |
|
SRF |
₹2,239.00 |
-41.00 (-1.80%) |
₹2,235.00 - ₹2,281.85 |
|
Sun Pharma.Inds. |
₹1,478.95 |
14.05 (0.96%) |
₹1,465.65 - ₹1,495.00 |
|
Sundram Fasten. |
₹1,150.75 |
-3.60 (-0.31%) |
₹1,146.00 - ₹1,181.80 |
|
Supreme Inds. |
₹5,515.50 |
-126.00 (-2.23%) |
₹5,412.75 - ₹5,576.95 |
|
Suzlon Energy |
₹46.10 |
2.15 (4.89%) |
₹43.55 - ₹46.10 |
|
Tata Chemicals |
₹1,072.30 |
-24.10 (-2.20%) |
₹1,070.25 - ₹1,101.45 |
|
Tata Motors |
₹943.60 |
-3.95 (-0.42%) |
₹938.80 - ₹950.50 |
|
Tata Steel |
₹174.25 |
-0.65 (-0.37%) |
₹173.50 - ₹176.00 |
|
Tejas Networks |
₹1,176.90 |
2.70 (0.23%) |
₹1,160.00 - ₹1,209.00 |
|
Torrent Pharma. |
₹2,714.20 |
47.50 (1.78%) |
₹2,648.00 - ₹2,735.00 |
|
Tube Investments |
₹3,721.00 |
-85.00 (-2.23%) |
₹3,687.60 - ₹3,804.50 |
|
TVS Motor Co. |
₹2,253.85 |
2.20 (0.10%) |
₹2,215.05 - ₹2,265.10 |
|
UPL |
₹517.25 |
-0.25 (-0.05%) |
₹515.50 - ₹522.60 |
|
Vedanta |
₹454.25 |
-0.70 (-0.15%) |
₹451.15 - ₹462.30 |
|
Voltas |
₹1,375.30 |
-14.55 (-1.05%) |
₹1,372.00 - ₹1,409.30 |
|
Zydus Lifesci. |
₹1,044.75 |
-8.20 (-0.78%) |
₹1,035.90 - ₹1,050.85 |
Nifty India Manufacturing Sectors
Sector Name | Advances | No Change | Declined |
---|---|---|---|
Agro Chemicals | 0 | 2 | 2 |
Auto Ancillaries | 3 | 5 | 2 |
Automobile | 3 | 9 | 6 |
Cables | 2 | 2 | 0 |
Capital Goods - Electrical Equipment | 2 | 4 | 2 |
Capital Goods-Non Electrical Equipment | 2 | 3 | 1 |
Castings, Forgings & Fastners | 1 | 2 | 1 |
Ceramic Products | 0 | 1 | 1 |
Chemicals | 2 | 7 | 5 |
Consumer Durables | 3 | 4 | 1 |
Fertilizers | 0 | 1 | 1 |
Leather | 1 | 1 | 0 |
Mining & Mineral products | 0 | 1 | 1 |
Non Ferrous Metals | 1 | 2 | 1 |
Paper | 1 | 1 | 0 |
Pharmaceuticals | 5 | 8 | 3 |
Plastic products | 0 | 2 | 2 |
Readymade Garments/ Apparells | 2 | 2 | 0 |
Refineries | 0 | 3 | 3 |
Ship Building | 1 | 1 | 0 |
Steel | 0 | 5 | 5 |
Telecomm Equipment & Infra Services | 1 | 1 | 0 |
Tyres | 0 | 2 | 2 |
Bearings | 1 | 2 | 1 |
Electronics | 1 | 1 | 0 |
Aerospace & Defence | 2 | 3 | 1 |
What is NIFTY India Manufacturing?
NIFTY India Manufacturing is a thematic index on the National Stock Exchange (NSE) which captures the performance of the domestic manufacturing sector on a real-time basis. It is currently constituted of 79 stocks that are selected based on float-adjusted market capitalisation from the combined universe of NIFTY 100, NIFTY Midcap 150, and NIFTY Smallcap 50 indexes.
Some of the basic industries, based on AMFI classification, eligible for inclusion in the NIFTY Manufacturing index are 2/3 Wheelers, Abrasives, Aerospace & Defence, Air Conditioner, Aluminium, Copper & Zinc Products, Batteries, Bearings, Biotechnology, Cables, Commercial Vehicles, Compressors & Pumps, Electrodes, Explosives, Fertilisers, Footwear, Furniture, Industrial Equipments, Industrial Gases, Iron & Steel, Lubricants, Medical Equipment & Supplies, Petrochemicals, Pharmaceuticals, Precious Metals, Railway Wagons, Refractories, Ship Building, Tyres & Rubber Products etc.
In light of the strategic importance of the Indian manufacturing sector, the Nifty India Manufacturing Index was launched on August 16, 2021, with the base date as April 1, 2005, and the base value at 1000 by NSE Indices Limited. The India Manufacturing index is governed by a three-tier structure comprising the BOD of NSE Indices, the Index Advisory Committee and the Index Maintenance Sub-Committee.
The NIFTY India Manufacturing share price since inception has breached the levels of 7,500 at ~15x P/E multiples. It is reconstituted semi-annually and caps individual stocks at 5% weightage. NIFTY India Manufacturing has a variant in the form of NIFTY India Manufacturing Total Returns Index. This index is suitable for benchmarking of fund portfolios and for launching index funds, ETFs, and other structured investment products.
How is NIFTY India Manufacturing Calculated? How Are Stocks Selected for Inclusion in NIFTY India Mfg?
The NIFTY India Manufacturing share price is computed by weighting its 79 stocks on the basis of periodically capped free-float market capitalisation 6 months data relative to a base market capitalisation value on a real-time basis. The NIFTY MFG index is represented by 8 sectors: Capital Goods (20.09%), Automobile and Auto Components (20.02%), Healthcare (19.19%), Metals & Mining (12.48%), Chemicals (11.44%), Oil, Gas & Consumable Fuels (8.53%), Consumer Durables (6.49%), and Textiles (1.76%).
In order to be considered for addition in the NIFTY India Manufacturing index, the securities must fulfil the following eligibility criteria:
- Should be listed on the National Stock Exchange.
- Should form a part of NIFTY 100, Nifty Midcap 150 and Nifty Smallcap 50’s combined universe.
- The minimum number of stocks in the index is variable.
- Should be a part of the manufacturing industry as determined by the AMFI classification.
- Should provide ~75% coverage of float-adjusted market cap of eligible stocks within each eligible basic industry
- Should adhere to the cap of 5% in case of a single stock based on free-float market capitalisation.
- Should adhere to a minimum weight of 20% each for Automobile & Auto components and Capital Goods sectors, unless the number of stocks from these sectors falls below 4.
- Should only consider ordinary equity shares.
The index value is calculated as follows –
Index Value = Current Index Market capitalisation/ (Base Free Float Market capitalisation * Base Index Value)
The NIFTY India Manufacturing index chart is rebalanced semi-annually based on six months of data, with the cutoff date being January 31 and July 31 of each year. The replacement of stocks in NIFTY Manufacturing (if any) is effective from the last trading day of March and September. This index will be screened on a quarterly basis for compliance with the SEBI norms on portfolio concentration for ETFs/Index Funds.
Nifty India Manufacturing FAQs
NIFTY India Manufacturing index includes 79 stocks from the manufacturing sector based on free-float market capitalisation. It is a highly diverse index as stocks are capped at 5% weightage. Some of the constituents include Reliance, Sun Pharma, Maruti Suzuki, Tata Steel etc.
How to Invest in NIFTY India Manufacturing?
There are various ways of investing in the NIFTY Manufacturing index, such as:
Direct investing: You can choose to invest in individual stocks from the NIFTY Manufacturing index with a demat account.
Exchange Traded Funds: Another method is to invest in ETFs with the NIFTY India Manufacturing index as an underlying. These don’t massively overlap with other active funds in terms of sector exposure, thus generating diversification benefits.
Should you Invest in the NIFTY India Manufacturing index? Is the investment in NIFTY India Manufacturing safe?
The NIFTY India Manufacturing index has generated total returns of 13.76% since inception and 8.39% in the past 5 years. This index has earned ~2% dividend yield and usually trades at ~3x P/B multiples.
How has NIFTY India Manufacturing performed relative to NIFTY 50?
NIFTY India Mfg has outperformed NIFTY 50 in 6 out of 8 calendar years but performed in line with the benchmark over a longer time horizon. Both the indexes experience similar volatility levels. However, NIFTY Manufacturing index has a higher exposure to the automobile, industrial manufacturing, pharma and metal sectors.
How is NIFTY India Manufacturing index different from its BSE Manufacturing counterpart?
NIFTY India Mfg index, launched in 2021, is made up of 79 stocks, but this number can vary depending on market cap, whereas BSE Mfg has 30 constituents and was launched in 2015 thus making the former a more diversified index.
What is the objective of NIFTY India Manufacturing?
NIFTY India Manufacturing index’s basic objective is to serve as a liquid and investable benchmark for evaluating the domestic manufacturing sector. It is highly diversified as it provides ~75% exposure to eligible stocks from all market segments-large cap, mid cap and small cap.