Basic Materials
Aggregate basic materials sector across 662 actively listed NSE/BSE companies. Combined market cap is ₹46.52 L cr — approximately 10.8% of the tracked Indian equity universe. The average 1-day move across constituents today is +0.80%.
The names that move the sector.
Top 15 basic materials constituents by market cap. In most sectors, the top 5-10 names dominate the cap-weight; equal-weight performance and cap-weight performance diverge meaningfully — both views tell different stories about the sector.
| Rank | Symbol | Company | Market cap | P/E | ROE |
|---|---|---|---|---|---|
| #1 | ULTRACEMCO | UltraTech Cement Limited | ₹3.45 L cr | 42.28 | 10.59% |
| #2 | JSWSTEEL | JSW Steel Limited | ₹3.20 L cr | 14.35 | 27.26% |
| #3 | HINDZINC | Hindustan Zinc Limited | ₹2.74 L cr | 19.82 | 76.94% |
| #4 | TATASTEEL | Tata Steel Limited | ₹2.68 L cr | 29.22 | 11.16% |
| #5 | HINDALCO | Hindalco Industries Limited | ₹2.57 L cr | 19.10 | 10.29% |
| #6 | ASIANPAINT | Asian Paints Limited | ₹2.56 L cr | 66.74 | — |
| #7 | GRASIM | Grasim Industries Limited | ₹2.15 L cr | 43.27 | 6.29% |
| #8 | SOLARINDS | Solar Industries India Limited | ₹1.70 L cr | 101.79 | 31.33% |
| #9 | VEDL | Vedanta Limited | ₹1.39 L cr | 19.77 | 20.40% |
| #10 | JINDALSTEL | Jindal Steel Limited | ₹1.24 L cr | 36.97 | 6.77% |
| #11 | AMBUJACEM | Ambuja Cements Limited | ₹1.14 L cr | 24.21 | 8.31% |
| #12 | LLOYDSME | Lloyds Metals and Energy Limited | ₹1.04 L cr | 27.74 | 37.05% |
| #13 | SHREECEM | Shree Cement Limited | ₹91.2k cr | 52.36 | — |
| #14 | SAIL | Steel Authority of India Limited | ₹85.1k cr | 25.25 | — |
| #15 | NMDC | NMDC Limited | ₹81.2k cr | 11.77 | — |
Sectors of comparable weight.
Adjacent sectors in cap-rank — sectors that compete for the same passive flow allocations.
Constituents tagged by NSE/BSE; aggregates computed in-house.
Each stock's sector classification follows NSE/BSE industry tagging under the AMFI Industry Classification framework. Sector cap is the sum of constituent market caps; the 1-day average % move is the equal-weight mean of constituents' daily change (not cap-weighted, so that the top 2-3 names don't dominate the breadth signal).
Stocks with active = 0 (delisted, suspended, merged-away) are excluded; stocks without a live price today are excluded from the average move but counted in the member count. The top-constituents table is ordered by market cap (in INR lakhs from wp_mb_stocks.mcap_inr_lakhs) and uses the screener's join to include P/E and ROE. Full methodology · reviewed January 2026.
Sector classifications follow NSE/BSE industry tagging. MintByte is an AMFI-registered mutual fund distributor (ARN-314872); SEBI Registered Investment Adviser and Research Analyst registrations are in process. Not investment advice.