अFunda Observatory

March 2026, as it looked then

Prices to 31 Mar 2026 close · results public by 1 Mar 2026 (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
−11.3%
−4.5% over the 12 months to 31 Mar 2026
Median P/E
27.2x
Profitable companies with a market cap above ₹500 crore
Above their 200-day average
13%
Share of companies, at month end
Companies tracked
1,785
1,307 above ₹500 crore market cap and ranked
ApnaFunda All index, 12 months to 31 Mar 2026 (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 1,306 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 (46 companies, top 10)

CompanyFPDMonths on list6M price12M EPS growth
SWIGGY LIMITED
Consumer Services
98.315.8+831−41%—
INOX WIND LIMITED
Producer Manufacturing
87.77.1+818−48%+502%
MEGHMANI ORGANICS LTD
Process Industries
78.91.5+785−57%+337%
TRANSFORMERS AND RECTIFIERS (I
Producer Manufacturing
79.53.5+761−52%+51%
PC JEWELLER LIMITED
Consumer Durables
87.412.1+757−43%+38%
AWFIS SPACE SOLUTIONS LIMITED
Finance
72.20.8+7110−61%—
YATRA ONLINE LIMITED
Consumer Services
89.218.3+712−39%+107%
KPIT TECHNOLOGIES LIMITED
Technology Services
76.26.0+702−49%+23%
BOROSIL RENEWABLES LIMITED
Process Industries
94.525.1+693−36%—
UNICOMMERCE ESOLUTIONS LIMITED
Technology Services
77.38.4+692−46%+19%

Price ahead of business (76 companies, top 10)

CompanyFPDMonths on list6M price12M EPS growth
INDUSIND BANK LIMITED
Finance
1.687.1−863+2%−125%
UJJIVAN SMALL FINANCE BANK LTD
Finance
10.892.9−8212+12%−49%
GUJARAT AMBUJA EXPORTS LIMITED
Consumer Non-Durables
18.096.4−784+26%−35%
ABB INDIA LIMITED
Producer Manufacturing
17.793.5−761+13%−11%
RBL BANK LIMITED
Finance
16.790.5−7410+7%−33%
EQUITAS SMALL FINANCE BANK LTD
Finance
2.074.7−733−11%−122%
MUTHOOT MICROFIN LIMITED
Finance
0.973.4−735−12%−201%
DREDGING CORPORATION OF INDIA
Transportation
21.193.3−721+13%—
OIL AND NATURAL GAS CORPORATIO
Energy Minerals
24.096.2−723+25%−16%
VLS FINANCE LIMITED
Finance
4.576.5−725−9%−74%

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
Consumer Non-Durables
75 companies
−11.3%−16.5%−12.9%35.3x+14%1
Health Technology
78 companies
−3.7%−4.4%−0.7%35.3x+5%2
Electronic Technology
41 companies
−7.7%−6.6%+7.4%63.9x+27%3
Utilities
31 companies
−4.4%−1.5%−0.5%22.7x+2%4
Energy Minerals
15 companies
−6.1%−9.6%+8.7%12.1x+14%5
Non-Energy Minerals
89 companies
−11.1%−7.4%+6.5%21.9x+12%6
Producer Manufacturing
221 companies
−12.9%−10.1%+0.4%32.0x+7%7
Consumer Durables
50 companies
−13.9%−14.8%+13.0%31.2x+15%8
Health Services
26 companies
−9.8%−7.4%+0.8%55.5x+5%9
Process Industries
201 companies
−9.6%−14.7%−11.0%24.8x+4%10
Technology Services
71 companies
−7.2%−23.7%−22.7%31.5x+4%11
Communications
8 companies
−6.8%−16.6%+2.5%29.8x+28%12
Finance
195 companies
−16.2%−16.4%−5.1%20.3x+7%13
Industrial Services
55 companies
−15.9%−17.1%−11.2%16.8x−15%14
Consumer Services
48 companies
−13.5%−23.0%−23.3%27.9x+2%15
Retail Trade
31 companies
−6.5%−12.4%−15.3%35.6x+21%16
Distribution Services
18 companies
−17.3%−20.0%−15.8%22.5x+26%17
Commercial Services
26 companies
−13.1%−31.2%−26.0%33.8x−8%18
Transportation
25 companies
−14.8%−14.9%−2.0%38.9x−6%19

What did common screens show?

Five descriptive screens from the Strategy Lab, applied to the data as it stood in March 2026. 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 6 of 12 months have happened yet, so the longer windows run to 9 Oct 2026.

ApnaFunda All index over the same windows: 1M +12% · 3M +14% · 6M +10% · 12M +8%. "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+10%
3 of 8 above the All index
+18%
6 of 8 above the All index
+19%
5 of 8 above the All index
+19%
5 of 8 above the All index
BSE LIMITED+36%+44%+15%+23%
SAI LIFE SCIENCES LIMITED+10%+27%+57%+53%
PREMIER ENERGIES LIMITED+14%+18%−2%+0%
MULTI COMMODITY EXCHANGE+24%+19%+38%+39%
FORCE MOTORS LIMITED+3%−4%−12%−13%
NAVIN FLUORINE INTERNATIONAL L+11%+25%+34%+36%
EMCURE PHARMACEUTICALS LIMITED+5%+15%+22%+15%
LUPIN LIMITED−0%+5%−12%−15%

Trending on price

Subsequent price return1M3M6M12M so far
Median of the list+8%
2 of 8 above the All index
+13%
4 of 8 above the All index
+25%
5 of 8 above the All index
+24%
6 of 8 above the All index
PREMIER POLYFILM LTD−14%+8%+48%+64%
NGL FINE CHEM LIMITED+8%+51%+41%+42%
ACUTAAS CHEMICALS LIMITED+1%+38%+28%+24%
JINDAL POLY FILMS LTD−2%−16%−9%−13%
DHAMPUR BIO ORGANICS LIMITED+8%−4%+9%+22%
KAPSTON SERVICES LIMITED+22%+31%+96%+92%
AVANTI FEEDS LTD+17%−21%−39%−41%
APOLLO PIPES LIMITED+9%+18%+23%+24%

Trending on earnings

Subsequent price return1M3M6M12M so far
Median of the list+15%
6 of 8 above the All index
+31%
7 of 8 above the All index
+19%
6 of 8 above the All index
+21%
5 of 8 above the All index
IFCI LIMITED+23%+56%+44%+41%
INDOSTAR CAPITAL FINANCE LTD+7%+33%+13%−0%
GE POWER INDIA LIMITED+57%+137%+77%+71%
SWIGGY LIMITED+4%−8%−4%−10%
NAZARA TECHNOLOGIES LIMITED+13%+30%+69%+62%
BSE LIMITED+36%+44%+15%+23%
MAHINDRA LIFESPACE DEVELOPERS+16%+25%+22%+19%
PREMIER ENERGIES LIMITED+14%+18%−2%+0%

Trending on FII/DII holding

Subsequent price return1M3M6M12M so far
Median of the list+10%
3 of 8 above the All index
+22%
5 of 8 above the All index
+8%
4 of 8 above the All index
+6%
3 of 8 above the All index
PNB HOUSING FINANCE LIMITED+39%+38%+48%+53%
BSE LIMITED+36%+44%+15%+23%
SUBROS LTD+23%+33%+10%+7%
ITC LIMITED+10%+3%−6%−5%
SWIGGY LIMITED+4%−8%−4%−10%
SAI LIFE SCIENCES LIMITED+10%+27%+57%+53%
ASTER DM HEALTHCARE LTD+5%+17%+4%+5%
ZINKA LOGISTICS SOLUTIONS LTD−5%−8%+5%+3%

Business ahead of price

Subsequent price return1M3M6M12M so far
Median of the list+28%
9 of 10 above the All index
+22%
7 of 10 above the All index
+6%
4 of 10 above the All index
+6%
4 of 10 above the All index
SWIGGY LIMITED+4%−8%−4%−10%
INOX WIND LIMITED+34%+19%−8%−12%
MEGHMANI ORGANICS LTD+33%+33%+53%+59%
TRANSFORMERS AND RECTIFIERS (I+31%+38%+6%+14%
PC JEWELLER LIMITED+24%+16%+74%+96%
AWFIS SPACE SOLUTIONS LIMITED+52%+31%+6%+7%
YATRA ONLINE LIMITED+17%+25%+11%+5%
KPIT TECHNOLOGIES LIMITED+20%+6%−21%−25%
BOROSIL RENEWABLES LIMITED+33%+60%+22%+14%
UNICOMMERCE ESOLUTIONS LIMITED+17%+11%+6%+5%

Price ahead of business

Subsequent price return1M3M6M12M so far
Median of the list+19%
8 of 10 above the All index
+23%
9 of 10 above the All index
+20%
9 of 10 above the All index
+15%
8 of 10 above the All index
INDUSIND BANK LIMITED+22%+23%+20%+15%
UJJIVAN SMALL FINANCE BANK LTD+13%+17%+34%+22%
GUJARAT AMBUJA EXPORTS LIMITED+15%+22%+18%+20%
ABB INDIA LIMITED+22%+18%+14%+14%
RBL BANK LIMITED+16%+27%+39%+44%
EQUITAS SMALL FINANCE BANK LTD+29%+46%+33%+28%
MUTHOOT MICROFIN LIMITED+32%+47%+23%+16%
DREDGING CORPORATION OF INDIA+22%+43%+20%+15%
OIL AND NATURAL GAS CORPORATIO+5%−18%−21%−22%
VLS FINANCE LIMITED+11%+24%+13%+7%

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

Subsequent price return1M3M6M12M so far
Median of the list+21%
6 of 10 above the All index
+14%
5 of 10 above the All index
+2%
4 of 10 above the All index
+2%
4 of 10 above the All index
TIPS MUSIC LIMITED+32%+27%+33%+29%
COLGATE-PALMOLIVE (INDIA) LTD+17%+12%−1%+2%
PROCTER AND GAMBLE HYGIENE HEA+9%−3%−27%−26%
COAL INDIA LIMITED+7%−3%−6%−9%
NESTLE INDIA LIMITED+24%+20%+12%+14%
SANOFI CONSUMER HEALTHCARE IND+11%+7%−12%−17%
WAAREE RENEWABLE TECH LTD+30%+30%+5%+3%
TATA CONSULTANCY SERVICES LTD+5%−14%−13%−9%
ESAB INDIA LTD+27%+15%+12%+9%
NETWORK PEOPLE SERVICES TECH+24%+69%+84%+83%

Momentum: top 20 by 12M momentum

Subsequent price return1M3M6M12M so far
Median of the list+37%
7 of 10 above the All index
+37%
8 of 10 above the All index
+56%
9 of 10 above the All index
+56%
9 of 10 above the All index
CUPID LIMITED+44%+129%+275%+341%
PRIME FOCUS LIMITED−6%−33%−4%−21%
LUMAX AUTO TECHNOLOGIES LTD+7%+1%+36%+20%
QUALITY POWER ELE EQUIP LTD+71%+52%+97%+92%
SBC EXPORT LTD+12%+37%+93%+107%
JAYASWAL NECO INDUSTRIES LTD+55%+19%+30%+28%
ROSSELL TECHSYS LIMITED+48%+45%+125%+136%
MULTI COMMODITY EXCHANGE+24%+19%+38%+39%
BAJAJ CONSUMER CARE LIMITED+30%+72%+42%+46%
PRECISION WIRES INDIA LTD+45%+38%+69%+65%

Promoter-owned: holding above 50%

Subsequent price return1M3M6M12M so far
Median of the list+20%
7 of 10 above the All index
+21%
8 of 10 above the All index
+4%
2 of 10 above the All index
+3%
3 of 10 above the All index
KIOCL LIMITED+28%+23%+5%+13%
LIFE INSURANCE CORP OF IND LIC+10%+22%+12%+11%
IDBI BANK LIMITED+23%+36%+34%+35%
PUNJAB & SIND BANK+21%+17%+3%+2%
INDIAN OVERSEAS BANK+12%+9%−1%−3%
HEXA TRADEX LIMITED+7%+2%+1%+1%
UCO BANK+19%+20%+4%+4%
ITI LIMITED INDIAN TELEPHIND+25%+25%+3%+1%
FERTILIZERS AND CHEMICALS TRAV+20%+17%+1%−3%
MMTC LIMITED+24%+31%+9%+5%

Quality: top 30% ROCE in sector

Subsequent price return1M3M6M12M so far
Median of the list+14%
5 of 10 above the All index
+14%
5 of 10 above the All index
−0%
2 of 10 above the All index
−0%
2 of 10 above the All index
KSOLVES INDIA LIMITED+25%+16%+1%−2%
ASTER DM HEALTHCARE LTD+5%+17%+4%+5%
TIPS MUSIC LIMITED+32%+27%+33%+29%
COLGATE-PALMOLIVE (INDIA) LTD+17%+12%−1%+2%
PROCTER AND GAMBLE HYGIENE HEA+9%−3%−27%−26%
COAL INDIA LIMITED+7%−3%−6%−9%
NESTLE INDIA LIMITED+24%+20%+12%+14%
SANOFI CONSUMER HEALTHCARE IND+11%+7%−12%−17%
WAAREE RENEWABLE TECH LTD+30%+30%+5%+3%
TATA CONSULTANCY SERVICES LTD+5%−14%−13%−9%

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

Subsequent price return1M3M6M12M so far
Median of the list+19%
9 of 10 above the All index
+19%
8 of 10 above the All index
+8%
5 of 10 above the All index
+9%
5 of 10 above the All index
NALWA SONS INVESTMENT LTD+20%+16%+13%+8%
ZUARI INDUSTRIES LIMITED+23%+20%+32%+26%
OSWAL GREENTECH LIMITED+39%+14%+2%−5%
KALYANI INVESTMENT COMPANY LIM+18%+32%+19%+20%
UNIPHOS ENTERPRISES LIMITED+18%+18%+1%−1%
HEXA TRADEX LIMITED+7%+2%+1%+1%
DEN NETWORKS LIMITED+21%+27%+13%+13%
PILANI INVESTMENT AND INDUSTRI+14%+5%−5%−5%
GKW LIMITED+17%+24%+10%+10%
HATHWAY CABLE & DATACOM LIMITE+24%+26%+7%+10%

Sectors: index return afterwards and composite rank then

Sector1M3M6M12M
Consumer Non-Durables+13%
rank 2
+11%
rank 3
+3%
rank 13
+4%
Health Technology+7%
rank 9
+16%
rank 6
+21%
rank 2
+18%
Electronic Technology+19%
rank 3
+25%
rank 8
+22%
rank 5
+21%
Utilities+24%
rank 4
+22%
rank 11
+10%
rank 18
+5%
Energy Minerals+6%
rank 6
−4%
rank 13
−9%
rank 11
−11%
Non-Energy Minerals+12%
rank 16
+8%
rank 9
+6%
rank 7
+1%
Producer Manufacturing+20%
rank 1
+28%
rank 1
+25%
rank 6
+21%
Consumer Durables+9%
rank 7
+11%
rank 7
+13%
rank 1
+8%
Health Services+8%
rank 12
+22%
rank 17
+13%
rank 19
+10%
Process Industries+15%
rank 5
+22%
rank 4
+19%
rank 3
+17%
Technology Services+4%
rank 8
−4%
rank 14
+1%
rank 9
+3%
Communications+7%
rank 14
+9%
rank 2
+3%
rank 4
+5%
Finance+11%
rank 15
+15%
rank 10
+8%
rank 14
+8%
Industrial Services+17%
rank 10
+20%
rank 15
+10%
rank 17
+8%
Consumer Services+12%
rank 17
+12%
rank 19
+14%
rank 15
+11%
Retail Trade+17%
rank 13
+21%
rank 5
+11%
rank 10
+11%
Distribution Services+31%
rank 11
+61%
rank 18
+63%
rank 16
+50%
Commercial Services+15%
rank 19
+20%
rank 12
+17%
rank 12
+16%
Transportation+18%
rank 18
+31%
rank 16
+27%
rank 8
+23%

Explore this month in 3D

Opens the live observatory on March 2026, plotting P/E against ROCE for Consumer Non-Durables.

Explore March 2026 in the observatory →

Data notes

  • 1,785 of the 1,785 companies ApnaFunda tracks today were already listed by 31 Mar 2026; 1,307 had a market cap above ₹500 crore and are ranked. Companies delisted since then are not in the data.
  • Prices run to the 31 Mar 2026 close. Reported results are used 60 days after each period ended, so anything published after 1 Mar 2026 is not seen.
  • Overall: available
  • Price: available
  • Earnings: available
  • FII/DII: available

How the Time Machine works