indexPe

Nifty Conglomerate 50 PE Ratio

Moderately UndervaluedThematicNSELast updated: 21 Jul 2026
Select Metric:
Current PE Ratio
24.29
6M Median PE
27.00
vs 6M Median
-10.04%

The Nifty Conglomerate 50 PE ratio is 24.29 as of 21 July 2026, about 10% below its 6-month median of 27.00, which places it in moderately undervalued territory on a historical basis.

PE Ratio vs Historical Medians

PeriodMedian PECurrent vs Median
6 Months27.00-10.04%
3 Months24.21+0.33%

Historical PE Ratio

Performance and risk

1Y total return
+1.11%
5Y total return (p.a.)
+12.65%
Volatility (1Y std dev)
16.81%
Beta vs Nifty 50 (1Y)
1.23

1-year holding windows since 2005 returned a median of +12.06% (best +162.79%, worst -67.88%).

View full performance and risk

Returns as of June 2026, from the NSE factsheet for the Nifty Conglomerate 50. 1-year returns are absolute; 5-year returns are annualized.

Stocks in the Nifty Conglomerate 50

The Nifty Conglomerate 50 contains 50 constituents. Its largest sectors by weight are Financial Services (17.1%) and Metals & Mining (15.9%).

Financial Services: 17.1%Metals & Mining: 15.9%Automobile and Auto Components: 12.0%Construction: 10.2%Information Technology: 9.8%Construction Materials: 7.9%+12 more sectors
SymbolCompanyIndustryWeight(%)
LTLarsen & Toubro Ltd.Construction9.96
M&MMahindra & Mahindra Ltd.Automobile and Auto Components7.79
BAJFINANCEBajaj Finance Ltd.Financial Services7.66
TCSTata Consultancy Services Ltd.Information Technology5.90
TITANTitan Company Ltd.Consumer Durables5.17
TATASTEELTata Steel Ltd.Metals & Mining4.42
HINDALCOHindalco Industries Ltd.Metals & Mining3.94
ADANIPORTSAdani Ports and Special Economic Zone Ltd.Services3.80
ULTRACEMCOUltraTech Cement Ltd.Construction Materials3.79
GRASIMGrasim Industries Ltd.Construction Materials3.33
ADANIENTAdani Enterprises Ltd.Metals & Mining
ADANIGREENAdani Green Energy Ltd.Power
ADANIPOWERAdani Power Ltd.Power
ABCAPITALAditya Birla Capital Ltd.Financial Services
AMBUJACEMAmbuja Cements Ltd.Construction Materials
BAJAJ-AUTOBajaj Auto Ltd.Automobile and Auto Components
BAJAJFINSVBajaj Finserv Ltd.Financial Services
BAJAJHLDNGBajaj Holdings & Investment Ltd.Financial Services
BAJAJHFLBajaj Housing Finance Ltd.Financial Services
CESCCESC Ltd.Power
CGPOWERCG Power and Industrial Solutions Ltd.Capital Goods
CEATLTDCeat Ltd.Automobile and Auto Components
CHOLAHLDNGCholamandalam Financial Holdings Ltd.Financial Services
CHOLAFINCholamandalam Investment and Finance Company Ltd.Financial Services
COROMANDELCoromandel International Ltd.Chemicals
FSLFirstsource Solutions Ltd.Services
GODREJCPGodrej Consumer Products Ltd.Fast Moving Consumer Goods
GODREJINDGodrej Industries Ltd.Diversified
GODREJPROPGodrej Properties Ltd.Realty
JSWENERGYJSW Energy Ltd.Power
JSWINFRAJSW Infrastructure Ltd.Services
JSWSTEELJSW Steel Ltd.Metals & Mining
JSLJindal Stainless Ltd.Metals & Mining
JINDALSTELJindal Steel Ltd.Metals & Mining
JUBLFOODJubilant Foodworks Ltd.Consumer Services
JUBLINGREAJubilant Ingrevia Ltd.Chemicals
JUBLPHARMAJubilant Pharmova Ltd.Healthcare
KECKec International Ltd.Construction
LTFL&T Finance Ltd.Financial Services
LTTSL&T Technology Services Ltd.Information Technology
LTMLTM Ltd.Information Technology
M&MFINMahindra & Mahindra Financial Services Ltd.Financial Services
PCBLPCBL Chemical Ltd.Chemicals
SAREGAMASaregama India LtdMedia Entertainment & Publication
TMCVTata Motors Ltd.Capital Goods
TECHMTech Mahindra Ltd.Information Technology
TRENTTrent Ltd.Consumer Services
TIINDIATube Investments of India Ltd.Automobile and Auto Components
IDEAVodafone Idea Ltd.Telecommunication
ZENSARTECHZensar Technolgies Ltd.Information Technology

Constituent list as of 13 July 2026, sourced from NSE Indices. Weights as of 30 June 2026, from the NSE factsheet.

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Frequently Asked Questions

What is the current Nifty Conglomerate 50 PE ratio?

As of 21 July 2026, the Nifty Conglomerate 50 PE ratio is 24.29. That is about 10% below its 6-month median of 27.00.

What is a normal PE ratio for the Nifty Conglomerate 50?

Over the past six months its median PE has been 27.00, and over the past three months 24.21. Today's 24.29 is toward the lower end of that historical range.

How many stocks are in the Nifty Conglomerate 50?

The Nifty Conglomerate 50 contains 50 stocks. By number of companies, its largest sectors are Financial Services (9 stocks), Metals & Mining (6 stocks) and Information Technology (5 stocks).

What returns has the Nifty Conglomerate 50 delivered?

As of June 2026, the Nifty Conglomerate 50 total return (with dividends reinvested) is +1.11% over the past year and +12.65% annualized over the past five years. One-year figures are absolute; multi-year figures are annualized (CAGR). Data from the NSE factsheet.

How volatile is the Nifty Conglomerate 50?

Over the year to June 2026, the Nifty Conglomerate 50 had an annualized volatility (standard deviation of daily returns) of 16.81%. Its beta versus the Nifty 50 is 1.23, meaning it has moved more than the broad market.

What is a typical one-year return for the Nifty Conglomerate 50?

Across every one-year holding window since 2005, the Nifty Conglomerate 50 total return has a median of +12.06%, with the best window at +162.79% and the worst at -67.88%. Based on NSE Total Returns Index data; a past distribution, not a prediction.

Last updated: 21 July 2026.