अFunda Observatory

December 2025, as it looked then

Prices to 31 Dec 2025 close · results public by 1 Dec 2025 (60-day lag) · 1,785 of today's companies already listed

Recomputed with today's data and methods. ApnaFunda did not publish these lists at the time. Lists are rule-based descriptions of data, not recommendations to buy, sell or hold any security.

How was the market doing?

ApnaFunda All index, in the month
−0.4%
+3.9% over the 12 months to 31 Dec 2025
Median P/E
34.1x
Profitable companies with a market cap above ₹500 crore
Above their 200-day average
38%
Share of companies, at month end
Companies tracked
1,785
1,361 above ₹500 crore market cap and ranked
ApnaFunda All index, 12 months to 31 Dec 2025 (month-ends, rebased to 100). Nothing after this date is drawn.

Where did business and price disagree?

F ranks the 12-month change in earnings per share, ROCE and operating margin, P ranks the 6-month price change, both 0 to 100 among 1,333 eligible companies. D is F minus P. Results only count 60 days after the period ends, while prices react sooner, so a gap can simply be timing.

Business ahead of price (57 companies, top 10)

CompanyFPDMonths on list6M price12M EPS growth
INDOSTAR CAPITAL FINANCE LTD
Finance
99.23.1+964−36%+863%
MEGHMANI ORGANICS LTD
Process Industries
90.53.5+872−35%—
INOX WIND LIMITED
Producer Manufacturing
94.310.1+845−29%+1760%
BLUE JET HEALTHCARE LIMITED
Health Technology
79.72.0+785−40%+110%
SUZLON ENERGY LIMITED
Producer Manufacturing
96.519.7+772−22%+446%
DCW LIMITED
Process Industries
83.27.1+765−31%+483%
K P ENERGY LIMITED
Utilities
80.55.7+752−32%+77%
PC JEWELLER LIMITED
Consumer Durables
93.119.1+744−23%+9300%
DHANLAXMI BANK LIMITED
Finance
97.225.3+724−19%+249%
AWFIS SPACE SOLUTIONS LIMITED
Finance
89.117.5+727−23%—

Price ahead of business (88 companies, top 10)

CompanyFPDMonths on list6M price12M EPS growth
MUTHOOT MICROFIN LIMITED
Finance
1.689.5−882+23%−186%
VLS FINANCE LIMITED
Finance
2.788.1−852+20%−110%
YATHARTH HOSPITAL TRAUMA LTD
Health Services
9.491.7−826+27%—
VEDANTA LIMITED
Non-Energy Minerals
13.495.0−822+36%−39%
RBL BANK LIMITED
Finance
10.291.5−817+27%−60%
SEAMEC LIMITED
Industrial Services
10.891.9−811+28%−41%
SANGHVI MOVERS LIMITED
Finance
11.490.0−795+24%−29%
INDIAN METALS & FERRO ALLOYS L
Non-Energy Minerals
21.799.4−785+90%−19%
PROZONE REALTY LIMITED
Finance
20.597.3−771+47%−71%
SMC GLOBAL SECURITIES LIMITED
Finance
13.785.9−721+17%−66%

How did sectors rank?

Every sector with at least 5 ranked companies, in order of the composite trending rank. Index returns are market-cap-weighted over today's constituents (survivorship-biased). Click a column to sort.

Sector1M3M12MMedian P/EMedian EPS growthRank
Communications
9 companies
+0.9%+12.7%+30.0%40.8x+26%1
Consumer Non-Durables
78 companies
−1.1%+0.2%−0.3%43.8x+14%2
Non-Energy Minerals
92 companies
+6.6%+5.4%+16.2%26.8x+11%3
Energy Minerals
15 companies
+1.4%+12.4%+22.9%14.8x+26%4
Health Technology
78 companies
−1.1%+2.9%−5.7%43.1x+15%5
Technology Services
74 companies
+0.5%+7.7%−16.3%43.7x+4%6
Finance
206 companies
−1.0%+5.2%+12.1%26.6x+8%7
Industrial Services
57 companies
+1.0%+3.6%−6.0%21.7x−13%8
Consumer Durables
51 companies
+1.9%+4.6%+23.7%41.2x+10%9
Producer Manufacturing
225 companies
−1.0%−0.3%−3.4%39.5x+4%10
Process Industries
212 companies
−1.8%−0.7%−2.6%29.0x+5%11
Distribution Services
19 companies
−1.1%−6.2%−4.4%35.3x+29%12
Retail Trade
33 companies
−2.7%−8.2%−15.7%54.2x+14%13
Electronic Technology
41 companies
−6.9%−7.7%−0.3%78.6x+33%14
Health Services
26 companies
−5.7%−5.6%+5.4%61.7x+10%15
Commercial Services
29 companies
0.0%+1.4%−12.2%34.3x−4%16
Transportation
26 companies
−5.9%+0.5%+11.4%39.6x−10%17
Utilities
31 companies
−1.1%−2.7%−4.1%26.4x+1%18
Consumer Services
56 companies
−0.6%−4.1%−13.2%39.9x−4%19

What did common screens show?

Five descriptive screens from the Strategy Lab, applied to the data as it stood in December 2025. They describe which companies met each rule; they are not a ranking of what to hold.

What happened next?

Show what happened in the following 1, 3, 6 and 12 months

Hindsight view, not a track record. These are price-only returns after the month shown, for companies still listed today. Companies that were delisted or went bust since then are missing, so these numbers look better than reality. Fundamentals assume results became public 60 days after the period ended and reflect later restatements. Past performance does not indicate future results. ApnaFunda is not a SEBI-registered investment adviser or research analyst.

Only 9 of 12 months have happened yet, so the longer windows run to 9 Oct 2026.

ApnaFunda All index over the same windows: 1M −4% · 3M −14% · 6M −2% · 12M −7%. "Above the All index" compares each name's price return with that. * stopped trading before the window ended (return to its last close). † a price move that looks like an unadjusted split or bonus; left out of the median.

Trending overall

Subsequent price return1M3M6M12M so far
Median of the list+5%
5 of 8 above the All index
−4%
6 of 8 above the All index
+25%
6 of 8 above the All index
+33%
7 of 8 above the All index
IIFL FINANCE LIMITED−13%−30%−17%−2%
NATIONAL ALUMINIUM CO LTD+23%+23%+8%+1%
BSE LIMITED+6%+2%+47%+25%
HINDUSTAN COPPER LIMITED+32%−13%−3%−10%
LAURUS LABS LIMITED−13%−10%+37%+84%
NAVIN FLUORINE INTERNATIONAL L+3%+4%+30%+41%
MULTI COMMODITY EXCHANGE+14%+7%+27%+49%
KNOWLEDGE MARINE AND ENG WORKS−5%−22%+23%+71%

Trending on price

Subsequent price return1M3M6M12M so far
Median of the list+0%
5 of 8 above the All index
−19%
3 of 8 above the All index
+7%
5 of 8 above the All index
−8%
4 of 8 above the All index
CUPID LIMITED−23%−20%+83%+253%
GM BREWERIES LIMITED−19%−19%−21%−27%
INFOBEANS TECHNOLOGIES LIMITED−2%−40%−23%−24%
SHRIRAM FINANCE LIMITED+2%−13%+5%−6%
HINDUSTAN COPPER LIMITED+32%−13%−3%−10%
THANGAMAYIL JEWELLERY LIMITED+3%+6%+99%+52%
KNOWLEDGE MARINE AND ENG WORKS−5%−22%+23%+71%
DREDGING CORPORATION OF INDIA+13%−23%+10%−11%

Trending on earnings

Subsequent price return1M3M6M12M so far
Median of the list−8%
2 of 8 above the All index
−20%
1 of 8 above the All index
+11%
5 of 8 above the All index
−12%
3 of 8 above the All index
OSWAL AGRO MILLS LTD−18%−43%−29%−46%
INDOSTAR CAPITAL FINANCE LTD−10%−17%+10%−18%
MAHINDRA LIFESPACE DEVELOPERS−7%−25%−7%−12%
BSE LIMITED+6%+2%+47%+25%
DHANLAXMI BANK LIMITED−2%−21%+28%+37%
ZINKA LOGISTICS SOLUTIONS LTD−18%−15%−22%−13%
SUZLON ENERGY LIMITED−10%−25%+12%−29%
WOCKHARDT LTD−4%−19%+34%+38%

Trending on FII/DII holding

Subsequent price return1M3M6M12M so far
Median of the list−12%
1 of 8 above the All index
−22%
2 of 8 above the All index
+5%
5 of 8 above the All index
+18%
6 of 8 above the All index
SUBROS LTD−7%−27%−3%−22%
ITC LIMITED−20%−27%−25%−31%
ASTER DM HEALTHCARE LTD−11%+9%+27%+14%
PNB HOUSING FINANCE LIMITED−14%−21%+9%+22%
MARKSANS PHARMA LIMITED−9%−13%+51%+71%
ADF FOODS LIMITED−14%−18%+52%+42%
PRICOL LIMITED−17%−22%−9%+2%
REDINGTON LIMITED−0%−27%+1%+43%

Business ahead of price

Subsequent price return1M3M6M12M so far
Median of the list−11%
2 of 10 above the All index
−33%
0 of 10 above the All index
−6%
4 of 10 above the All index
−21%
3 of 10 above the All index
INDOSTAR CAPITAL FINANCE LTD−10%−17%+10%−18%
MEGHMANI ORGANICS LTD−7%−43%−24%−9%
INOX WIND LIMITED−13%−39%−27%−46%
BLUE JET HEALTHCARE LIMITED−21%−38%−1%−3%
SUZLON ENERGY LIMITED−10%−25%+12%−29%
DCW LIMITED−21%−36%−19%−24%
K P ENERGY LIMITED−18%−30%−4%−41%
PC JEWELLER LIMITED+12%−21%−8%+55%
DHANLAXMI BANK LIMITED−2%−21%+28%+37%
AWFIS SPACE SOLUTIONS LIMITED−21%−53%−39%−50%

Price ahead of business

Subsequent price return1M3M6M12M so far
Median of the list−11%
3 of 10 above the All index
−18%
4 of 10 above the All index
+3%
5 of 10 above the All index
+5%
7 of 10 above the All index
MUTHOOT MICROFIN LIMITED+1%−18%+21%−5%
VLS FINANCE LIMITED−12%−31%−14%−26%
YATHARTH HOSPITAL TRAUMA LTD−14%−10%+26%+50%
VEDANTA LIMITED+13%+8%−11%−17%
RBL BANK LIMITED−5%−8%+17%+32%
SEAMEC LIMITED+16%+28%+29%+43%
SANGHVI MOVERS LIMITED−13%−33%+27%+14%
INDIAN METALS & FERRO ALLOYS L−22%−19%−15%−21%
PROZONE REALTY LIMITED−10%−27%−20%−4%
SMC GLOBAL SECURITIES LIMITED−16%−39%−23%+27%

Low leverage and profitable: D/E up to 0.5, ROCE above 15%

Subsequent price return1M3M6M12M so far
Median of the list−2%
6 of 10 above the All index
−16%
4 of 10 above the All index
+4%
6 of 10 above the All index
−4%
5 of 10 above the All index
SANOFI CONSUMER HEALTHCARE IND−6%−5%+2%−21%
TIPS MUSIC LIMITED−2%−11%+14%+15%
COLGATE-PALMOLIVE (INDIA) LTD+2%−14%−4%−12%
PROCTER AND GAMBLE HYGIENE HEA−9%−28%−30%−47%
COAL INDIA LIMITED+11%+13%+10%+3%
NESTLE INDIA LIMITED+3%−9%+9%+4%
TATA CONSULTANCY SERVICES LTD−3%−26%−37%−33%
ESAB INDIA LTD−9%−19%−6%−11%
NETWORK PEOPLE SERVICES TECH−14%−31%+16%+25%
TATA TECHNOLOGIES LIMITED+1%−21%+6%+11%

Momentum: top 20 by 12M momentum

Subsequent price return1M3M6M12M so far
Median of the list−9%
1 of 10 above the All index
−15%
5 of 10 above the All index
−1%
6 of 10 above the All index
+3%
6 of 10 above the All index
CUPID LIMITED−23%−20%+83%+253%
FORCE MOTORS LIMITED−7%−6%−10%−18%
KRISHANA PHOSCHEM LIMITED−9%−12%+29%+85%
GRM OVERSEAS LTD+1%−6%−44%−51%
LUMAX AUTO TECHNOLOGIES LTD−13%−1%−1%+18%
APOLLO MICRO SYSTEMS LIMITED−4%−33%+56%+43%
L&T FINANCE LIMITED−9%−24%−2%−17%
ASHAPURA MINECHEM LTD−26%−48%−25%−46%
LUMAX INDUSTRIES LTD−7%−11%+1%+1%
JAYASWAL NECO INDUSTRIES LTD−17%−19%−3%+4%

Promoter-owned: holding above 50%

Subsequent price return1M3M6M12M so far
Median of the list−3%
6 of 10 above the All index
−22%
2 of 10 above the All index
−4%
2 of 10 above the All index
−19%
2 of 10 above the All index
KIOCL LIMITED−10%−21%−3%−11%
LIFE INSURANCE CORP OF IND LIC−4%−15%+3%−6%
IDBI BANK LIMITED−3%−40%−19%−19%
INDIAN OVERSEAS BANK−1%−13%−6%−15%
PUNJAB & SIND BANK+1%−25%−13%−24%
HEXA TRADEX LIMITED−1%−5%−3%−4%
UCO BANK−1%−24%−8%−21%
FERTILIZERS AND CHEMICALS TRAV−11%−18%−4%−20%
ITI LIMITED INDIAN TELEPHIND−7%−23%−4%−23%
MMTC LIMITED−3%−23%+1%−18%

Quality: top 30% ROCE in sector

Subsequent price return1M3M6M12M so far
Median of the list−4%
5 of 10 above the All index
−12%
6 of 10 above the All index
+1%
6 of 10 above the All index
−12%
4 of 10 above the All index
KSOLVES INDIA LIMITED−9%−13%+1%−15%
ASTER DM HEALTHCARE LTD−11%+9%+27%+14%
SANOFI CONSUMER HEALTHCARE IND−6%−5%+2%−21%
TIPS MUSIC LIMITED−2%−11%+14%+15%
COLGATE-PALMOLIVE (INDIA) LTD+2%−14%−4%−12%
PROCTER AND GAMBLE HYGIENE HEA−9%−28%−30%−47%
COAL INDIA LIMITED+11%+13%+10%+3%
NESTLE INDIA LIMITED+3%−9%+9%+4%
TATA CONSULTANCY SERVICES LTD−3%−26%−37%−33%
ESAB INDIA LTD−9%−19%−6%−11%

Value: cheapest 20% P/B in sector, non-financials

Subsequent price return1M3M6M12M so far
Median of the list−15%
1 of 10 above the All index
−27%
2 of 10 above the All index
−18%
2 of 10 above the All index
−14%
4 of 10 above the All index
NALWA SONS INVESTMENT LTD−10%−28%−16%−22%
SIL INVESTMENTS LIMITED−14%−27%−19%−10%
HEXA TRADEX LIMITED−1%−5%−3%−4%
ZUARI INDUSTRIES LIMITED−16%−35%−22%−18%
GFL LIMITED−18%−36%−22%−5%
KALYANI INVESTMENT COMPANY LIM−6%−19%+7%−3%
OSWAL GREENTECH LIMITED−17%−40%−31%−43%
JINDAL POLY FILMS LTD−20%+52%+27%+32%
UNIPHOS ENTERPRISES LIMITED−20%−37%−25%−37%
PILANI INVESTMENT AND INDUSTRI−12%−21%−17%−25%

Sectors: index return afterwards and composite rank then

Sector1M3M6M12M
Communications−7%
rank 1
−17%
rank 12
−9%
rank 2
−12%
Consumer Non-Durables−6%
rank 2
−17%
rank 1
−7%
rank 3
−14%
Non-Energy Minerals+3%
rank 3
−7%
rank 6
−1%
rank 9
−6%
Energy Minerals−6%
rank 6
−10%
rank 5
−13%
rank 13
−20%
Health Technology−5%
rank 4
−4%
rank 2
+11%
rank 6
+13%
Technology Services−2%
rank 5
−24%
rank 11
−27%
rank 14
−22%
Finance−2%
rank 7
−16%
rank 13
−4%
rank 10
−9%
Industrial Services−6%
rank 11
−17%
rank 14
−1%
rank 15
−11%
Consumer Durables−5%
rank 10
−15%
rank 8
−5%
rank 7
−8%
Producer Manufacturing−4%
rank 8
−10%
rank 7
+15%
rank 1
+9%
Process Industries−6%
rank 12
−15%
rank 10
+4%
rank 4
−0%
Distribution Services−7%
rank 13
−20%
rank 17
+29%
rank 18
+20%
Retail Trade−9%
rank 14
−12%
rank 16
+6%
rank 5
−3%
Electronic Technology+2%
rank 9
−7%
rank 3
+17%
rank 8
+13%
Health Services−6%
rank 15
−7%
rank 9
+13%
rank 17
+1%
Commercial Services−10%
rank 17
−31%
rank 18
−18%
rank 12
−20%
Transportation−6%
rank 18
−15%
rank 19
+12%
rank 16
+5%
Utilities−4%
rank 16
−2%
rank 4
+20%
rank 11
+4%
Consumer Services−11%
rank 19
−23%
rank 15
−14%
rank 19
−15%

Explore this month in 3D

Opens the live observatory on December 2025, plotting P/E against ROCE for Communications.

Explore December 2025 in the observatory →

Data notes

  • 1,785 of the 1,785 companies ApnaFunda tracks today were already listed by 31 Dec 2025; 1,361 had a market cap above ₹500 crore and are ranked. Companies delisted since then are not in the data.
  • Prices run to the 31 Dec 2025 close. Reported results are used 60 days after each period ended, so anything published after 1 Dec 2025 is not seen.
  • Overall: available
  • Price: available
  • Earnings: available
  • FII/DII: available

How the Time Machine works