S&P BSE Commodities Live Chart
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H 0
L 0
S&P BSE Commodities Performance
Days Range
Previous Close7,191.01
Open7,177.65
52W Range6,463.97 - 8,154.67
P/E Ratio11.09
S&P BSE Commodities Companies
|
Company
 |
LTP
|
Change
|
Day Range
|
|
|---|---|---|---|---|
|
Aditya Birla Real Estate Ltd |
₹1,889.50 |
-2.85 (-0.15%) |
₹1,872.00 - ₹1,906.95 |
|
|
Aarti Industries Ltd |
₹399.70 |
-5.35 (-1.32%) |
₹398.55 - ₹405.90 |
|
|
ACC Ltd |
₹2,061.55 |
2.85 (0.14%) |
₹2,046.20 - ₹2,068.45 |
|
|
Adani Enterprises Ltd |
₹2,418.05 |
2.90 (0.12%) |
₹2,393.00 - ₹2,448.60 |
|
|
Aether Industries Ltd |
₹828.70 |
-7.85 (-0.94%) |
₹822.00 - ₹850.50 |
|
|
Agarwal Industrial Corporation Ltd |
₹1,038.75 |
8.70 (0.84%) |
₹1,017.50 - ₹1,040.65 |
|
|
Alkyl Amines Chemicals Ltd |
₹1,888.95 |
61.85 (3.39%) |
₹1,807.00 - ₹1,915.00 |
|
|
Ambuja Cements Ltd |
₹569.60 |
3.75 (0.66%) |
₹562.20 - ₹570.85 |
|
|
Andhra Paper Ltd |
₹75.65 |
1.22 (1.64%) |
₹74.21 - ₹75.71 |
|
|
Anupam Rasayan India Ltd |
₹809.95 |
14.10 (1.77%) |
₹783.35 - ₹810.40 |
|
|
Archean Chemical Industries Ltd |
₹640.25 |
6.90 (1.09%) |
₹614.45 - ₹647.00 |
|
|
Ashapura Minechem Ltd |
₹385.20 |
-8.45 (-2.15%) |
₹381.15 - ₹397.05 |
|
|
Astec Lifesciences Ltd |
₹738.55 |
-10.20 (-1.36%) |
₹733.00 - ₹760.00 |
|
|
Atul Ltd |
₹5,686.20 |
-22.95 (-0.40%) |
₹5,650.00 - ₹5,749.95 |
|
|
Balaji Amines Ltd |
₹1,321.95 |
11.00 (0.84%) |
₹1,290.00 - ₹1,340.00 |
|
|
BASF India Ltd |
₹4,469.40 |
-60.65 (-1.34%) |
₹4,460.25 - ₹4,597.95 |
|
|
Bayer CropScience Ltd |
₹4,993.90 |
132.80 (2.73%) |
₹4,828.05 - ₹5,094.95 |
|
|
Best Agrolife Ltd |
₹298.10 |
5.80 (1.98%) |
₹298.10 - ₹298.10 |
|
|
Bhansali Engineering Polymers Ltd |
₹112.60 |
1.00 (0.90%) |
₹110.90 - ₹114.55 |
|
|
BIGBLOC Construction Ltd |
₹66.86 |
0.39 (0.59%) |
₹66.07 - ₹68.22 |
|
|
Birla Corporation Ltd |
₹1,105.80 |
-7.60 (-0.68%) |
₹1,104.00 - ₹1,122.00 |
|
|
Camlin Fine Sciences Ltd |
₹166.55 |
-1.10 (-0.66%) |
₹165.05 - ₹169.65 |
|
|
Chambal Fertilisers & Chemicals Ltd |
₹673.65 |
19.00 (2.90%) |
₹655.10 - ₹675.30 |
|
|
Chemplast Sanmar Ltd |
₹446.00 |
4.80 (1.09%) |
₹441.40 - ₹448.40 |
|
|
Clean Science & Technology Ltd |
₹1,176.50 |
-8.65 (-0.73%) |
₹1,170.00 - ₹1,198.00 |
|
|
Coromandel International Ltd |
₹2,118.05 |
-16.85 (-0.79%) |
₹2,103.50 - ₹2,170.95 |
|
|
Dalmia Bharat Ltd |
₹1,851.70 |
5.60 (0.30%) |
₹1,794.85 - ₹1,863.30 |
|
|
DCW Ltd |
₹85.40 |
-0.07 (-0.08%) |
₹84.35 - ₹87.00 |
|
|
Deccan Gold Mines Ltd |
₹102.81 |
1.06 (1.04%) |
₹102.25 - ₹104.98 |
|
|
Deepak Fertilizers & Petrochemicals Corp Ltd |
₹1,293.55 |
35.05 (2.79%) |
₹1,250.25 - ₹1,314.60 |
|
|
Deepak Nitrite Ltd |
₹1,960.60 |
-11.00 (-0.56%) |
₹1,950.00 - ₹1,982.65 |
|
|
Dhanuka Agritech Ltd |
₹1,314.40 |
0.10 (0.01%) |
₹1,298.00 - ₹1,379.95 |
|
|
Elantas Beck India Ltd |
₹10,143.60 |
152.65 (1.53%) |
₹9,990.00 - ₹10,205.00 |
|
|
Epigral Ltd |
₹1,878.15 |
-0.70 (-0.04%) |
₹1,857.70 - ₹1,899.40 |
|
|
Everest Industries Ltd |
₹484.80 |
8.50 (1.78%) |
₹474.00 - ₹485.00 |
|
|
Excel Industries Ltd |
₹1,149.35 |
82.35 (7.72%) |
₹1,066.75 - ₹1,174.00 |
|
|
Fairchem Organics Ltd |
₹893.90 |
6.05 (0.68%) |
₹888.00 - ₹902.05 |
|
|
Fine Organic Industries Ltd |
₹4,299.75 |
-15.30 (-0.35%) |
₹4,219.95 - ₹4,311.90 |
|
|
Fineotex Chemical Ltd |
₹249.30 |
8.90 (3.70%) |
₹236.90 - ₹251.90 |
|
|
Foseco India Ltd |
₹3,549.15 |
-41.55 (-1.16%) |
₹3,515.00 - ₹3,622.10 |
|
|
Gujarat Mineral Development Corporation Ltd |
₹319.90 |
5.10 (1.62%) |
₹311.05 - ₹322.45 |
|
|
Gujarat Narmada Valley Fertilizers & Chemicals Ltd |
₹507.00 |
11.40 (2.30%) |
₹493.25 - ₹514.80 |
|
|
Gujarat State Fertilizers & Chemicals Ltd |
₹193.35 |
6.40 (3.42%) |
₹186.95 - ₹197.90 |
|
|
Galaxy Surfactants Ltd |
₹2,198.40 |
15.75 (0.72%) |
₹2,164.05 - ₹2,215.45 |
|
|
GHCL Ltd |
₹616.25 |
1.65 (0.27%) |
₹609.75 - ₹621.40 |
|
|
GOCL Corporation Ltd |
₹282.60 |
13.45 (5.00%) |
₹269.00 - ₹284.40 |
|
|
Grasim Industries Ltd |
₹2,760.70 |
56.10 (2.07%) |
₹2,687.60 - ₹2,770.90 |
|
|
Grauer & Weil (India) Ltd |
₹85.82 |
1.51 (1.79%) |
₹83.92 - ₹87.97 |
|
|
Gravita India Ltd |
₹1,979.25 |
53.60 (2.78%) |
₹1,899.00 - ₹2,023.45 |
|
|
Gujarat Alkalies & Chemicals Ltd |
₹639.45 |
-3.35 (-0.52%) |
₹633.95 - ₹655.00 |
|
|
Gujarat Fluorochemicals Ltd |
₹3,969.30 |
34.30 (0.87%) |
₹3,893.90 - ₹3,993.55 |
|
|
HeidelbergCement India Ltd |
₹199.75 |
0.25 (0.13%) |
₹198.45 - ₹200.80 |
|
|
Heranba Industries Ltd |
₹263.85 |
12.55 (4.99%) |
₹263.85 - ₹263.85 |
|
|
Heubach Colorants India Ltd |
₹586.20 |
-0.25 (-0.04%) |
₹584.65 - ₹588.85 |
|
|
Himadri Speciality Chemical Ltd |
₹462.85 |
18.55 (4.18%) |
₹442.70 - ₹469.20 |
|
|
Hindalco Industries Ltd |
₹608.90 |
-0.95 (-0.16%) |
₹604.00 - ₹613.50 |
|
|
Hindustan Copper Ltd |
₹210.40 |
0.55 (0.26%) |
₹207.65 - ₹214.40 |
|
|
Hindustan Zinc Ltd |
₹439.95 |
2.10 (0.48%) |
₹430.10 - ₹444.90 |
|
|
I G Petrochemicals Ltd |
₹445.10 |
3.90 (0.88%) |
₹440.00 - ₹449.95 |
|
|
India Cements Ltd |
₹287.80 |
5.15 (1.82%) |
₹283.05 - ₹304.15 |
|
|
India Pesticides Ltd |
₹144.15 |
3.10 (2.20%) |
₹140.00 - ₹145.15 |
|
|
Indian Metals & Ferro Alloys Ltd |
₹622.15 |
6.25 (1.01%) |
₹613.30 - ₹626.95 |
|
|
Insecticides India Ltd |
₹689.55 |
14.30 (2.12%) |
₹669.15 - ₹694.35 |
|
|
J K Cements Ltd |
₹5,057.50 |
-0.45 (-0.01%) |
₹5,007.40 - ₹5,080.00 |
|
|
Jindal Stainless Ltd |
₹561.55 |
2.90 (0.52%) |
₹555.35 - ₹568.55 |
|
|
Jindal Steel & Power Ltd |
₹882.80 |
28.75 (3.37%) |
₹850.90 - ₹896.25 |
|
|
JK Lakshmi Cement Ltd |
₹818.90 |
4.15 (0.51%) |
₹809.00 - ₹829.50 |
|
|
JK Paper Ltd |
₹330.65 |
0.55 (0.17%) |
₹328.50 - ₹332.80 |
|
|
JSW Steel Ltd |
₹1,007.20 |
-2.20 (-0.22%) |
₹987.00 - ₹1,008.55 |
|
|
Jubilant Ingrevia Ltd |
₹662.40 |
-6.55 (-0.98%) |
₹651.15 - ₹677.85 |
|
|
Jyoti Resins and Adhesives Ltd |
₹1,278.50 |
4.50 (0.35%) |
₹1,265.00 - ₹1,281.00 |
|
|
KIOCL Ltd |
₹246.10 |
1.00 (0.41%) |
₹232.85 - ₹249.05 |
|
|
Kiri Industries Ltd |
₹641.35 |
-1.30 (-0.20%) |
₹632.70 - ₹653.95 |
|
|
Kirloskar Ferrous Industries Ltd |
₹470.60 |
0.50 (0.11%) |
₹465.15 - ₹476.95 |
|
|
Kuantum Papers Ltd |
₹112.90 |
0.75 (0.67%) |
₹110.00 - ₹114.80 |
|
|
Laxmi Organic Industries Ltd |
₹173.60 |
1.70 (0.99%) |
₹170.90 - ₹176.40 |
|
|
Linde India Ltd |
₹6,234.00 |
6.60 (0.11%) |
₹6,206.00 - ₹6,326.00 |
|
|
Lloyds Metals & Energy Ltd |
₹1,286.35 |
3.60 (0.28%) |
₹1,264.00 - ₹1,295.70 |
|
|
Manali Petrochemicals Ltd |
₹56.28 |
0.78 (1.41%) |
₹55.71 - ₹56.72 |
|
|
Mangalam Cement Ltd |
₹849.05 |
28.55 (3.48%) |
₹814.30 - ₹852.55 |
|
|
Mangalore Chemicals & Fertilizers Ltd |
₹196.60 |
1.45 (0.74%) |
₹190.50 - ₹201.00 |
|
|
Meghmani Organics Ltd |
₹74.08 |
-1.41 (-1.87%) |
₹73.61 - ₹76.00 |
|
|
MOIL Ltd |
₹323.70 |
-4.80 (-1.46%) |
₹322.90 - ₹328.50 |
|
|
Mukand Ltd |
₹95.69 |
-0.23 (-0.24%) |
₹94.57 - ₹96.76 |
|
|
NACL Industries Ltd |
₹190.20 |
9.05 (5.00%) |
₹186.95 - ₹190.20 |
|
|
National Aluminium Company Ltd |
₹152.95 |
1.70 (1.12%) |
₹150.50 - ₹154.35 |
|
|
National Fertilizer Ltd |
₹84.87 |
2.98 (3.64%) |
₹81.41 - ₹88.38 |
|
|
Navin Fluorine International Ltd |
₹4,241.60 |
-28.75 (-0.67%) |
₹4,201.05 - ₹4,313.45 |
|
|
Neogen Chemicals Ltd |
₹1,613.10 |
-8.45 (-0.52%) |
₹1,604.60 - ₹1,645.00 |
|
|
NMDC Ltd |
₹65.90 |
0.15 (0.23%) |
₹65.23 - ₹66.26 |
|
|
NMDC Steel Ltd |
₹36.05 |
0.26 (0.73%) |
₹35.60 - ₹36.41 |
|
|
NOCIL Ltd |
₹186.55 |
-1.70 (-0.90%) |
₹185.70 - ₹190.10 |
|
|
Nuvoco Vistas Corporation Ltd |
₹324.55 |
2.25 (0.70%) |
₹318.55 - ₹325.35 |
|
|
Orient Cement Ltd |
₹356.35 |
-2.60 (-0.72%) |
₹354.85 - ₹360.35 |
|
|
Orient Paper & Industries Ltd |
₹24.99 |
0.03 (0.12%) |
₹24.78 - ₹25.25 |
|
|
Oriental Aromatics Ltd |
₹309.90 |
-0.70 (-0.23%) |
₹308.35 - ₹312.80 |
|
|
P I Industries Ltd |
₹3,646.50 |
6.25 (0.17%) |
₹3,613.70 - ₹3,654.10 |
|
|
Pakka Ltd |
₹176.15 |
-0.60 (-0.34%) |
₹174.85 - ₹181.00 |
|
|
Paradeep Phosphates Ltd |
₹135.70 |
-0.35 (-0.26%) |
₹134.25 - ₹140.75 |
|
|
Paushak Ltd |
₹4,648.00 |
-151.20 (-3.15%) |
₹4,600.00 - ₹4,763.00 |
|
|
PCBL Chemical Ltd |
₹433.55 |
0.30 (0.07%) |
₹430.70 - ₹439.45 |
|
|
Pidilite Industries Ltd |
₹3,034.10 |
9.20 (0.30%) |
₹3,014.45 - ₹3,053.60 |
|
|
Platinum Industries Ltd |
₹276.10 |
3.60 (1.32%) |
₹272.00 - ₹282.35 |
|
|
Prakash Industries Ltd |
₹167.60 |
-0.90 (-0.53%) |
₹165.15 - ₹172.55 |
|
|
Primo Chemicals Ltd |
₹26.49 |
-0.10 (-0.38%) |
₹26.12 - ₹27.10 |
|
|
Prism Johnson Ltd |
₹135.35 |
0.80 (0.59%) |
₹134.10 - ₹135.90 |
|
|
Privi Speciality Chemicals Ltd |
₹1,842.00 |
6.05 (0.33%) |
₹1,799.50 - ₹1,865.00 |
|
|
Punjab Chemicals & Crop Protection Ltd |
₹1,041.95 |
9.55 (0.93%) |
₹1,014.65 - ₹1,046.00 |
|
|
Rashtriya Chemicals & Fertilizers Ltd |
₹139.00 |
5.45 (4.08%) |
₹132.75 - ₹143.75 |
|
|
Rain Industries Ltd |
₹141.40 |
0.05 (0.04%) |
₹140.10 - ₹143.30 |
|
|
Rallis India Ltd |
₹240.05 |
14.65 (6.50%) |
₹224.30 - ₹242.25 |
|
|
Ramco Industries Ltd |
₹242.25 |
-0.40 (-0.16%) |
₹241.00 - ₹243.30 |
|
|
Refex Industries Ltd |
₹454.95 |
8.40 (1.88%) |
₹442.10 - ₹457.70 |
|
|
Rossari Biotech Ltd |
₹681.05 |
-6.50 (-0.95%) |
₹677.00 - ₹688.60 |
|
|
Steel Authority of India Ltd |
₹113.85 |
-1.55 (-1.34%) |
₹113.05 - ₹115.70 |
|
|
S H Kelkar & Company Ltd |
₹202.00 |
3.30 (1.66%) |
₹198.45 - ₹203.65 |
|
|
Sadhana Nitro Chem Ltd |
₹22.58 |
0.44 (1.99%) |
₹22.58 - ₹22.58 |
|
|
Sagar Cements Ltd |
₹218.20 |
7.60 (3.61%) |
₹212.45 - ₹219.90 |
|
|
Sanghi Industries Ltd |
₹63.47 |
0.59 (0.94%) |
₹62.47 - ₹63.95 |
|
|
Sarda Energy & Minerals Ltd |
₹479.25 |
-7.00 (-1.44%) |
₹472.10 - ₹486.70 |
|
|
Satia Industries Ltd |
₹72.88 |
-0.33 (-0.45%) |
₹72.15 - ₹73.74 |
|
|
Saurashtra Cement Ltd |
₹84.62 |
0.17 (0.20%) |
₹83.57 - ₹85.54 |
|
|
Seshasayee Paper & Boards Ltd |
₹270.70 |
4.10 (1.54%) |
₹267.90 - ₹275.90 |
|
|
Shree Digvijay Cement Co. Ltd |
₹74.90 |
1.40 (1.90%) |
₹72.57 - ₹75.29 |
|
|
Sharda Cropchem Ltd |
₹570.90 |
21.50 (3.91%) |
₹549.40 - ₹584.00 |
|
|
Shiva Cement Ltd |
₹33.04 |
0.00 (0.00%) |
₹32.11 - ₹33.80 |
|
|
Shivalik Rasayan Ltd |
₹609.95 |
-6.35 (-1.03%) |
₹606.65 - ₹623.05 |
|
|
Shree Cement Ltd |
₹31,011.40 |
240.40 (0.78%) |
₹30,585.00 - ₹31,060.40 |
|
|
Solar Industries India Ltd |
₹12,235.35 |
108.90 (0.90%) |
₹12,087.95 - ₹12,344.05 |
|
|
SRF Ltd |
₹2,989.35 |
-2.50 (-0.08%) |
₹2,972.40 - ₹3,024.15 |
|
|
Star Cement Ltd |
₹222.75 |
1.10 (0.50%) |
₹220.50 - ₹224.95 |
|
|
Styrenix Performance Materials Ltd |
₹2,794.45 |
20.55 (0.74%) |
₹2,763.20 - ₹2,828.95 |
|
|
Sudarshan Chemical Industries Ltd |
₹1,048.35 |
16.40 (1.59%) |
₹1,024.15 - ₹1,055.00 |
|
|
Sumitomo Chemical India Ltd |
₹552.80 |
-3.90 (-0.70%) |
₹551.55 - ₹565.00 |
|
|
Supreme Petrochem Ltd |
₹636.80 |
5.40 (0.86%) |
₹606.65 - ₹648.65 |
|
|
Swan Energy Ltd |
₹429.85 |
-2.35 (-0.54%) |
₹425.10 - ₹441.90 |
|
|
Tamil Nadu Newsprint & Papers Ltd |
₹130.45 |
-0.10 (-0.08%) |
₹130.45 - ₹132.45 |
|
|
Tanfac Industries Ltd |
₹2,928.20 |
-21.00 (-0.71%) |
₹2,850.00 - ₹2,979.80 |
|
|
Tata Chemicals Ltd |
₹848.40 |
0.75 (0.09%) |
₹843.05 - ₹859.25 |
|
|
Tata Steel Ltd |
₹137.15 |
0.20 (0.15%) |
₹133.65 - ₹137.90 |
|
|
Tatva Chintan Pharma Chem Ltd |
₹723.65 |
1.00 (0.14%) |
₹718.00 - ₹734.90 |
|
|
TGV Sraac Ltd |
₹102.22 |
0.22 (0.22%) |
₹100.45 - ₹103.60 |
|
|
The Ramco Cements Ltd |
₹968.35 |
6.35 (0.66%) |
₹955.35 - ₹972.20 |
|
|
Thirumalai Chemicals Ltd |
₹278.70 |
6.90 (2.54%) |
₹269.50 - ₹281.60 |
|
|
Transpek Industry Ltd |
₹1,316.05 |
69.45 (5.57%) |
₹1,225.00 - ₹1,334.45 |
|
|
Udaipur Cement Works Ltd |
₹29.16 |
-0.06 (-0.21%) |
₹28.90 - ₹29.30 |
|
|
Ultramarine & Pigments Ltd |
₹448.65 |
-1.20 (-0.27%) |
₹445.00 - ₹455.00 |
|
|
UltraTech Cement Ltd |
₹11,903.00 |
176.20 (1.50%) |
₹11,600.65 - ₹11,925.40 |
|
|
Uniphos Enterprises Ltd |
₹153.50 |
2.00 (1.32%) |
₹152.25 - ₹156.00 |
|
|
UPL Ltd |
₹656.00 |
-3.50 (-0.53%) |
₹651.00 - ₹664.90 |
|
|
Valiant Organics Ltd |
₹339.30 |
-7.60 (-2.19%) |
₹332.10 - ₹346.90 |
|
|
Vedanta Ltd |
₹400.00 |
1.45 (0.36%) |
₹393.25 - ₹403.65 |
|
|
Vidhi Specialty Food Ingredients Ltd |
₹418.70 |
-6.50 (-1.53%) |
₹415.00 - ₹438.00 |
|
|
Vinati Organics Ltd |
₹1,623.85 |
-1.80 (-0.11%) |
₹1,608.10 - ₹1,640.00 |
|
|
Vishnu Chemicals Ltd |
₹426.85 |
-9.50 (-2.18%) |
₹423.80 - ₹448.85 |
|
|
West Coast Paper Mills Ltd |
₹447.50 |
-5.70 (-1.26%) |
₹445.00 - ₹454.90 |
|
|
Yasho Industries Ltd |
₹1,759.75 |
12.60 (0.72%) |
₹1,725.25 - ₹1,766.95 |
|
S&P BSE Commodities Sectors
| Sector Name | Advances | No Change | Declined |
|---|---|---|---|
| Agro Chemicals | 12 | 17 | 5 |
| Cement | 17 | 21 | 4 |
| Cement - Products | 2 | 3 | 1 |
| Chemicals | 27 | 52 | 25 |
| Diversified | 0 | 1 | 1 |
| Fertilizers | 5 | 7 | 2 |
| Mining & Mineral products | 5 | 7 | 2 |
| Miscellaneous | 0 | 1 | 1 |
| Non Ferrous Metals | 4 | 5 | 1 |
| Paper | 6 | 10 | 4 |
| Petrochemicals | 5 | 6 | 1 |
| Steel | 4 | 9 | 5 |
| Textiles | 1 | 1 | 0 |
| Trading | 3 | 3 | 0 |
| Ferro Alloys | 1 | 1 | 0 |
| Aerospace & Defence | 1 | 1 | 0 |
BSE Basic Materials
S&P BSE basic materials index is one of the indexes that was launched by BSE to track the companies that deal in basic materials. Bombay Stock Exchange was established in 1875 and is the largest and the oldest Asian stock exchange comprising 6000+ listed companies. It has introduced various types of indexes based on market cap, performance, and sectors. BSE basic material is a sectoral index.
What are BSE Basic Materials?
S&P BSE basic materials index reflects the movement and growth in the stock prices of the companies that are classified as basic material companies by the BSE’s classification system. All the stocks included in BSE basic materials are a part of the S&P BSE AllCap index. The constituents of BSE AllCap that belong to the basic materials category are included in the index. It provides an overview of the basic material segment to the investors.
The method used for calculating the value of this index is very similar to the other indexes such as BSE 100, BSE Mid-cap, etc. The index values are calculated in real-time and are affected by the BSE basic materials share price. Float-adjusted market capitalization method is used for calculating the value of the index. In simple terms, the shares that are available for trading on the exchange are considered for calculating the market cap, and privately held shares are excluded.
The index consists of 194 stocks currently and has a market cap of INR 1,61,654.32 Cr. The number of constituents of the BSE basic materials index keeps changing from time to time. The index is reviewed on a quarterly basis in December, March, and June and rebalanced in September every year. BSE basic materials index was introduced recently, on February 25, 2022. This index is represented in two currencies, i.e., INR and USD.
Orgainisation
S&P BSE Commodities
Exchange
BSE
How are stocks selected for the S & P BSE Basic Materials Index?
Earlier, the method of calculating the index values was the full capitalization method. All the shares, whether privately held or exchange-traded, were considered while calculating the market cap. Later it was realised that the privately held shares do not have any impact on the market price of the stock, and including it in the calculation was disrupting the true picture of the index performance. Float-adjusted capitalization method was introduced in 2003 to solve this problem.
Calculation of float-adjusted market capitalization –
Step-1 Multiply the BSE basic materials share price with the number of shares to find total market capitalization.
Step-2 Next, determine the percentage of freely floated shares in the market. Calculate the percentage of shares available for trading from the total number of shares.
Step-3 Use the figures calculated in the above steps to find float-adjusted market cap. Multiply the total market cap with the free float factor.
Here’s an example –
Company Y has 2 lakh shares in the market, out of which 70% are available for trading in the market. The market price of the stock is INR 500. Here’s how it is calculated –
| Total Shares in Market for Company Y | A | 2 lakhs |
| Market Price per share of Company Y | B | INR 500 |
| Total Market capitalization | C = A*B | INR 10 Crores |
| Free-float factor (70%) | D | 0.7 |
| Free-Float Market capitalization | E = C*D | INR 7 Crores |
The float-adjusted market capitalization is added up for all the constituent stocks and divided by the market cap of the base year. Let us comprehend it with the assistance of a formula –
Here’s the formula –
| BSE Basic Materials Index = Total Free-Float Market capitalization x 100
Base Market capitalization |
What are Basic Materials Industries?
Basic material companies are those companies that discover, extract and process the raw materials for use in making various products. Companies that use raw materials are not considered basic material companies, but companies that are involved in the production, processing, and discovery of raw materials are known as basic material companies.
S&P BSE Commodities FAQs
There is no specific way to invest in the index itself. One of the most hassle-free ways to invest in the BSE basic materials index is to invest in a mutual fund that invests in Basic material industries. You can also invest in all the constituent stocks individually.
What is the objective of BSE Basic Materials?
BSE basic materials index has been designed to track the performance of the companies that are classified as part of the basic materials sector. The stocks included in the AllCap index that belong to the basic materials category are selected to be included in S&P BSE basic materials.
Is investment in BSE Basic Materials safe?
Every investment comes with some risk. You can select the stocks with the highest market cap from the index to make your investment safer and also get the benefit of diversification.
What are BSE Basic Materials stocks?
BSE basic materials index represents the companies that are involved in the discovery, exploration, and processing of raw materials. It tracks the performance of such stocks that are classified as basic material by the BSE classification system.
