Nifty India Defence
NSE Indices has developed the Nifty India Defence Index which aims to track the performance of portfolio of stocks that broadly represent the Defence theme. From the Nifty Total Market index, stocks forming part of eligible basic industries or those which obtain at least 10% of revenues from the defence industry are eligible to be included in the index and are chosen based on 6 month average free-float market capitalisation. The weight of the stocks in the index is based on their free-float market capitalization. Stock weights are capped at 20% each.
The index can be used for a variety of purposes such as benchmarking, creation of index funds, ETFs and structured products.
- The index has a base date of April 02, 2018, with a base value of 1000
- Stocks part of / going to form part of the Nifty Total Market at the time of review are eligible for inclusion in the index
- Stocks forming part of the certain eligible ‘basic industries’ based on AMFI Industry Classification or stocks which are present in the Society of Indian Defence Manufacturers (SIDM) member list and obtain at least 10% of revenues from the defence segment are eligible to be included from the universe at the time of review
- Minimum number of stocks within the index is 10
- The weight of each stock in the index is based on its free float market capitalization
- Stocks weights are capped at 20% each
- The Index is reconstituted semi-annually along with Nifty Broad-based indices
Nifty India Defence Constituents
| Price | 411.60 -1.30 (-0.31%) | 52 Week High | 444.00 |
|---|---|---|---|
| ISIN | INE386C01029 | 52 Week Low | 213.30 |
| Industry | Telecommunications Equipment | Volume | 358 T |
| Sector | Electronic Technology | P/E Ratio TTM | 64.14 |
| Market Cap | 39.2 B | 1 Year Beta | 1.93 |
| Price | 1,004.35 -21.85 (-2.13%) | 52 Week High | 1,278.00 |
|---|---|---|---|
| ISIN | INE171Z01018 | 52 Week Low | 787.00 |
| Industry | Aerospace & Defense | Volume | 703.5 T |
| Sector | Electronic Technology | P/E Ratio TTM | 51.98 |
| Market Cap | 188.2 B | 1 Year Beta | 1.29 |
| Price | 136.05 0.80 (0.59%) | 52 Week High | 147.15 |
|---|---|---|---|
| ISIN | INE263A01024 | 52 Week Low | 87.00 |
| Industry | Aerospace & Defense | Volume | 12.6 M |
| Sector | Electronic Technology | P/E Ratio TTM | 31.43 |
| Market Cap | 988.3 B | 1 Year Beta | 1.24 |
| Price | 1,002.15 -36.70 (-3.53%) | 52 Week High | 1,258.50 |
|---|---|---|---|
| ISIN | INE704P01017 | 52 Week Low | 401.20 |
| Industry | Trucks/Construction/Farm Machinery | Volume | 2.2 M |
| Sector | Producer Manufacturing | P/E Ratio TTM | 36.50 |
| Market Cap | 136.7 B | 1 Year Beta | 2.03 |
| Price | 2,072.00 -23.40 (-1.12%) | 52 Week High | 2,485.00 |
|---|---|---|---|
| ISIN | INE0IX101010 | 52 Week Low | 996.35 |
| Industry | Electronic Production Equipment | Volume | 143,240 |
| Sector | Electronic Technology | P/E Ratio TTM | 81.00 |
| Market Cap | 117.4 B | 1 Year Beta | 2.25 |
| Price | 295.00 -3.70 (-1.24%) | 52 Week High | 351.00 |
|---|---|---|---|
| ISIN | INE0KL801015 | 52 Week Low | 138.00 |
| Industry | Electrical Products | Volume | 414.6 T |
| Sector | Producer Manufacturing | P/E Ratio TTM | 35.97 |
| Market Cap | 28.8 B | 1 Year Beta | 1.25 |
| Price | 808.75 -21.10 (-2.54%) | 52 Week High | 974.80 |
|---|---|---|---|
| ISIN | INE382Z01011 | 52 Week Low | 303.15 |
| Industry | Trucks/Construction/Farm Machinery | Volume | 969.7 T |
| Sector | Producer Manufacturing | P/E Ratio TTM | 36.38 |
| Market Cap | 95.1 B | 1 Year Beta | 1.57 |
| Price | 3,870.00 -45.45 (-1.16%) | 52 Week High | 4,170.00 |
|---|---|---|---|
| ISIN | INE066F01012 | 52 Week Low | 2,241.05 |
| Industry | Aerospace & Defense | Volume | 745.4 T |
| Sector | Electronic Technology | P/E Ratio TTM | 21.49 |
| Market Cap | 1.3 T | 1 Year Beta | 1.20 |
| Price | 2,200.35 -7.45 (-0.34%) | 52 Week High | 2,484.70 |
|---|---|---|---|
| ISIN | INE249Z01012 | 52 Week Low | 412.65 |
| Industry | Trucks/Construction/Farm Machinery | Volume | 1.8 M |
| Sector | Producer Manufacturing | P/E Ratio TTM | 36.72 |
| Market Cap | 445.3 B | 1 Year Beta | 2.93 |
| Price | 397.50 -6.15 (-1.52%) | 52 Week High | 444.00 |
|---|---|---|---|
| ISIN | INE099Z01011 | 52 Week Low | 172.25 |
| Industry | Other Metals/Minerals | Volume | 421.8 T |
| Sector | Non-Energy Minerals | P/E Ratio TTM | 47.37 |
| Market Cap | 75.7 B | 1 Year Beta | 1.67 |
| Price | 2,489.50 -37.10 (-1.47%) | 52 Week High | 2,920.35 |
|---|---|---|---|
| ISIN | INE864I01014 | 52 Week Low | 1,473.00 |
| Industry | Aerospace & Defense | Volume | 219.2 T |
| Sector | Electronic Technology | P/E Ratio TTM | 71.21 |
| Market Cap | 77.6 B | 1 Year Beta | 1.19 |
| Price | 720.80 7.85 (1.10%) | 52 Week High | 848.00 |
|---|---|---|---|
| ISIN | INE045601015 | 52 Week Low | 445.55 |
| Industry | Aerospace & Defense | Volume | 248 T |
| Sector | Electronic Technology | P/E Ratio TTM | 80.29 |
| Market Cap | 27.8 B | 1 Year Beta | 0.94 |
| Price | 4,620.70 28.75 (0.63%) | 52 Week High | 4,980.00 |
|---|---|---|---|
| ISIN | INE343H01029 | 52 Week Low | 3,412.75 |
| Industry | Industrial Specialties | Volume | 13,406 |
| Sector | Process Industries | P/E Ratio TTM | 53.31 |
| Market Cap | 414.8 B | 1 Year Beta | 0.13 |
Nifty India Defence Methodolgy
• Stocks part of / going to form part of the Nifty Total Market index at the time of review are eligible for inclusion in the index.
• Stocks forming part of the certain eligible ‘basic industries’ based on AMFI Industry Classification or stocks which are present in the Society of Indian Defence Manufacturers (SIDM) member list and obtain at least 10% of revenues from the defence segment are eligible to be included from the universe at the time of review.
• Minimum number of stocks within the index is 10.
• The weight of each stock in the index is based on its free float market capitalization.
• Stocks weights are capped at 20% each.
• The Index is reconstituted semi-annually along with Nifty Broad-based indices.
Index Governance: A professional team manages all NSE indices. There is a three-tier governance structure comprising the Board of Directors of NSE Indices Limited, the Index Advisory Committee (Equity) and the Index Maintenance Sub-Committee.
• Stocks forming part of the certain eligible ‘basic industries’ based on AMFI Industry Classification or stocks which are present in the Society of Indian Defence Manufacturers (SIDM) member list and obtain at least 10% of revenues from the defence segment are eligible to be included from the universe at the time of review.
• Minimum number of stocks within the index is 10.
• The weight of each stock in the index is based on its free float market capitalization.
• Stocks weights are capped at 20% each.
• The Index is reconstituted semi-annually along with Nifty Broad-based indices.
Index Governance: A professional team manages all NSE indices. There is a three-tier governance structure comprising the Board of Directors of NSE Indices Limited, the Index Advisory Committee (Equity) and the Index Maintenance Sub-Committee.
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