Nifty Midcap Liquid 15
NSETheme15 companies
- P/EPrice to earnings of an index. The index's P/E as the exchange publishes it with the close: its members' market value divided by their profit over the last twelve months, each member counted as the index weighs it.
- 37.74
- P/BPrice to book of an index. The index's P/B as the exchange publishes it: its members' market value divided by their net worth, the assets they own less everything they owe.
- 3.95
- Dividend yieldDividend yield of an index. The index's dividend yield as the exchange publishes it: dividends its members paid over the last twelve months as a percentage of their market value.
- 0.87%
- 1MOne-month return of an index. The latest close against the close a month earlier, on the same date or the last trading day before it, as a percentage.
- −11.47%
- 3MThree-month return of an index. The latest close against the close three months earlier, on the same date or the last trading day before it, as a percentage.
- −8.05%
- 1YOne-year return of an index. The latest close against the close a year earlier, on the same date or the last trading day before it, as a percentage.
- −4.12%
P/E against its own past
Where today's P/E sits among every trading day of each window: the dot is today, the tick the middle day.
P/E, 10 yearsPrice to earnings of an index. The index's P/E as the exchange publishes it with the close: its members' market value divided by their profit over the last twelve months, each member counted as the index weighs it.37.74
At or below today's level on 79% of 2,480 trading days over the last 10 years.
LowestHighest
Its median23.70
P/E, 5 yearsPrice to earnings of an index. The index's P/E as the exchange publishes it with the close: its members' market value divided by their profit over the last twelve months, each member counted as the index weighs it.37.74
At or below today's level on 75% of 1,240 trading days over the last 5 years.
LowestHighest
Its median28.42
P/E, 3 yearsPrice to earnings of an index. The index's P/E as the exchange publishes it with the close: its members' market value divided by their profit over the last twelve months, each member counted as the index weighs it.37.74
At or below today's level on 59% of 744 trading days over the last 3 years.
LowestHighest
Its median37.06
P/E, 1 yearPrice to earnings of an index. The index's P/E as the exchange publishes it with the close: its members' market value divided by their profit over the last twelve months, each member counted as the index weighs it.37.74
At or below today's level on 39% of 247 trading days over the last 1 year.
LowestHighest
Its median38.66
P/E at each month's last trading day, and on 23 Oct 2026
What the Nifty Midcap Liquid 15 companies earned
Each quarter against the same quarter a year earlier, added up over today's members that filed both. A quarter fewer than 60% of them filed is left out.
- Revenue growthRevenue growth, against a year earlier. Revenue of the quarter to Jun 2026 against the same quarter a year earlier, added up over the 15 companies that filed both.
- +16.7%quarter to Jun 2026
- Profit growthProfit growth, against a year earlier. Profit of the quarter to Jun 2026 against the same quarter a year earlier, added up over the 15 companies that filed both and made a profit a year earlier.
- +37.9%quarter to Jun 2026
- Filed the quarterCompanies that filed the quarter. How many of the index's 15 listed companies have filed results for the quarter to Jun 2026; the growth figures are theirs.
- 15of 15
- Median ROCEMedian return on capital employed. The middle figure of the 13 companies' ROCE for the year to Mar 2026, half above and half below. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them.
- 25.2%year to Mar 2026
Growth against the same quarter a year earlier, per cent
- Revenue growth
- Profit growth
- Loss
Revenue grew against a year earlier in 12 of the 12 quarters shown.Fastest profit growth +160.1%, quarter to Dec 2023.
The largest companies
The 12 largest companies in the Nifty Midcap Liquid 15, each sized by its market cap.
Market cap, ₹ crore
- Bharat Heavy Electricals₹1,34,930 Cr
- One 97 Communications₹1,03,690 Cr
- Hero MotoCorp₹1,01,011 Cr
- Indus Towers₹1,00,250 Cr
- GE Vernova T&D India₹94,737 Cr
- Persistent Systems₹90,351 Cr
- Ashok Leyland₹85,142 Cr
- Bharat Forge₹83,621 Cr
- Multi Commodity Exchange of India₹77,015 Cr
- Dixon Technologies (India)₹68,456 Cr
- IndusInd Bank₹65,059 Cr
- Suzlon Energy₹51,411 Cr
Companies in the Nifty Midcap Liquid 15
Largest first, by market cap.
Bharat Heavy ElectricalsBHEL · Electrical Equipment₹387.50−2.86%₹1,34,930 Cr46.910.7%0.36%+65.4%
One 97 CommunicationsPAYTM · Financial Technology (Fintech)₹1,616.10−2.73%₹1,03,690 Cr159.50.6%None+25.9%
Hero MotoCorpHEROMOTOCO · Automobiles₹5,047.00−1.58%₹1,01,011 Cr18.529.2%3.67%−9.7%
Indus TowersINDUSTOWER · Telecom - Services₹380.00−0.48%₹1,00,250 Cr14.027.1%3.68%+5.9%
GE Vernova T&D IndiaGVT&D · Electrical Equipment₹3,700.00−1.07%₹94,737 Cr72.663.5%0.27%+31.3%
Persistent SystemsPERSISTENT · IT - Software₹5,727.50−0.23%₹90,351 Cr50.127.2%0.70%−1.9%
Ashok LeylandASHOKLEY · Agricultural, Commercial & Construction Vehicles₹144.95−0.74%₹85,142 Cr24.511.9%2.41%+5.2%
Bharat ForgeBHARATFORG · Auto Components₹1,711.20−1.71%₹83,621 Cr118.411.9%0.50%+31.6%
Multi Commodity Exchange of IndiaMCX · Capital Markets₹3,020.30−3.00%₹77,015 Cr50.063.7%0.26%+63.1%
Dixon Technologies (India)DIXON · Consumer Durables₹11,191.00−3.48%₹68,456 Cr36.524.6%0.09%−28.3%
IndusInd BankINDUSINDBK · Banks₹835.00−1.82%₹65,059 Cr49.2Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.0.18%+9.9%
Suzlon EnergySUZLON · Electrical Equipment₹37.40−3.03%₹51,411 Cr16.427.4%None−31.4%
Yes BankYESBANK · Banks₹15.80−1.56%₹49,595 Cr11.8Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.None−30.5%
SwiggySWIGGY · Retailing₹176.00−16.75%₹48,582 Cr–−24.3%None−58.5%
PB FintechPOLICYBZR · Financial Technology (Fintech)₹1,015.00−2.21%₹46,969 Cr62.86.4%None−39.2%
About the Nifty Midcap Liquid 15
An index of 15 companies: it shows how they have moved together, and its P/E is what the market pays for a year of their profit.
- Published by
- NSE
- Kind
- Theme
- CompaniesCompanies in an index. How many companies the index holds on its current list, which the exchange revises from time to time.
- 15
- List last changed
- 9 Oct 2026
- Above 200-day averageMembers above their 200-day average. The share of the index's members whose latest close is above their own average close of the last 200 trading days; members listed too recently to have one are left out.
- 4 of 15
Theme indices
Most followed first.All
Nifty India Consumption30 companiesP/E 35.85
Nifty India Manufacturing77 companiesP/E 25.49
Nifty Infrastructure30 companiesP/E 21.37
BSE India Infrastructure Index30 companiesP/E 16.10
BSE TECK21 companiesP/E 20.79- Nifty100 ESGThemeP/E 19.44
Nifty MNC30 companiesP/E 31.92
Nifty India Defence22 companiesP/E 53.33
Nifty Capital Markets17 companiesP/E 40.34
Nifty Commodities30 companiesP/E 14.04