S&P BSE Energy Live Chart
O 0
H 0
L 0
S&P BSE Energy Performance
Days Range
Previous Close11,384.33
Open11,390.91
52W Range9,373.81 - 14,029.33
P/E Ratio12.71
S&P BSE Energy Companies
|
Company
 |
LTP
|
Change
|
Day Range
|
|
|---|---|---|---|---|
|
Adani Total Gas |
₹717.55 |
-13.20 (-1.81%) |
₹709.25 - ₹733.80 |
|
|
Aegis Logistics |
₹782.45 |
22.55 (2.97%) |
₹749.60 - ₹786.60 |
|
|
B P C L |
₹301.60 |
-0.55 (-0.18%) |
₹296.10 - ₹305.05 |
|
|
C P C L |
₹593.00 |
-4.70 (-0.79%) |
₹591.00 - ₹601.15 |
|
|
Castrol India |
₹210.90 |
1.25 (0.60%) |
₹205.60 - ₹213.25 |
|
|
Coal India |
₹410.65 |
1.70 (0.42%) |
₹402.00 - ₹411.55 |
|
|
Confidence Petro |
₹77.12 |
-1.98 (-2.50%) |
₹76.61 - ₹78.91 |
|
|
Deep Industries |
₹571.00 |
13.55 (2.43%) |
₹553.55 - ₹575.20 |
|
|
GAIL (India) |
₹205.05 |
-0.10 (-0.05%) |
₹200.00 - ₹205.50 |
|
|
Gandhar Oil Ref. |
₹232.35 |
0.40 (0.17%) |
₹230.00 - ₹238.05 |
|
|
Ganesh Benzopl. |
₹137.50 |
-1.20 (-0.87%) |
₹136.45 - ₹143.95 |
|
|
Guj.St.Petronet |
₹377.25 |
-4.40 (-1.15%) |
₹360.05 - ₹379.65 |
|
|
Gujarat Gas |
₹508.00 |
-0.80 (-0.16%) |
₹498.65 - ₹509.10 |
|
|
Gulf Oil Lubric. |
₹1,119.90 |
0.90 (0.08%) |
₹1,096.05 - ₹1,123.30 |
|
|
H P C L |
₹415.00 |
3.00 (0.73%) |
₹409.30 - ₹418.00 |
|
|
Hind.Oil Explor. |
₹195.65 |
-0.60 (-0.31%) |
₹190.65 - ₹196.50 |
|
|
I O C L |
₹144.20 |
2.70 (1.91%) |
₹140.95 - ₹145.05 |
|
|
Indraprastha Gas |
₹392.15 |
4.95 (1.28%) |
₹378.40 - ₹393.00 |
|
|
IRM Energy |
₹377.45 |
-1.20 (-0.32%) |
₹373.40 - ₹381.05 |
|
|
Jindal Drilling |
₹764.55 |
-14.65 (-1.88%) |
₹754.65 - ₹774.45 |
|
|
M R P L |
₹149.50 |
-1.55 (-1.03%) |
₹147.45 - ₹151.00 |
|
|
Mahanagar Gas |
₹1,297.10 |
18.45 (1.44%) |
₹1,255.40 - ₹1,302.15 |
|
|
O N G C |
₹254.65 |
0.65 (0.26%) |
₹249.45 - ₹256.70 |
|
|
Oil India |
₹454.40 |
-11.75 (-2.52%) |
₹451.50 - ₹471.85 |
|
|
Panama Petrochem |
₹407.70 |
5.60 (1.39%) |
₹393.15 - ₹409.50 |
|
|
Petronet LNG |
₹340.70 |
-2.05 (-0.60%) |
₹337.00 - ₹343.75 |
|
|
Reliance Industr |
₹1,273.35 |
9.50 (0.75%) |
₹1,240.00 - ₹1,275.15 |
|
|
Sandur Manganese |
₹487.90 |
-8.60 (-1.73%) |
₹484.00 - ₹495.15 |
|
|
Savita Oil Tech |
₹578.05 |
3.20 (0.56%) |
₹565.65 - ₹585.80 |
|
S&P BSE Energy Sectors
| Sector Name | Advances | No Change | Declined |
|---|---|---|---|
| Chemicals | 2 | 2 | 0 |
| Crude Oil & Natural Gas | 2 | 4 | 2 |
| Gas Distribution | 2 | 8 | 6 |
| Mining & Mineral products | 1 | 2 | 1 |
| Miscellaneous | 0 | 2 | 2 |
| Oil Drill/Allied | 0 | 1 | 1 |
| Petrochemicals | 2 | 2 | 0 |
| Refineries | 4 | 7 | 3 |
| Trading | 1 | 1 | 0 |
What is S&P BSE Energy?
The Indian Stock markets use various indices to study the impact on the overall price fluctuations and future expectations. To go a little deeper into studying the economy, the BSE divides the share categories based on 11 economic indicators. These are called sectors, and to study the impact of each of them individually, BSE uses sectoral indices.
One of these 11 sectoral indices is the BSE Energy index. It includes the stocks of companies that are related to the manufacturing and distribution of renewable or non-renewable energy. While renewable energy companies focus on green sources like solar, wind, hydropower, and biogas to generate renewable energy, the most widely used power sources are non-renewable like coal, petroleum, natural gas, etc.
BSE Energy constitutes the stocks of all such energy companies that are listed on the BSE All p index. All the sectoral indices were launched in April 2015 to start analysing the effect of each sector on the overall market movements. The S&P BSE Energy share price is valued in real-time and is computed in both INR & USD.
Currently, there are 26 constituents listed on the S&P BSE Energy index. The ranking of these stocks on the index is calculated by using the free-float market capitalisation. But this figure is not used to arrive at the index value. Rather, capped market capitalisation is used to calculate the value of the S&P BSE Energy share price.
Annual adjustments are carried out on the index in September, and the constituents are reviewed quarterly in December, March, and June. Energy is the primary fuel that keeps all economic activities running efficiently. Hence, analysts need to study the effect of BSE Energy to understand the future of the economy, especially when the world is on the brink of a potential energy crisis.
Orgainisation
S&P BSE Energy
Exchange
BSE
How is S&P BSE Energy Calculated?
As a pr-requisite to get listed on the BSE Energy index, the stocks need to be a part of the BSE All Cap index. Hence, the rules applicable to BSE All Cap stocks are also followed by the BSE Energy constituents.
But, unlike the BSE All Cap index, S&P BSE Energy is valued based on the capped free-float market capitalisation method. Here are the capping rules for the constituents of the S&P BSE Energy index.
- Maximum weight of a company in the index can be 33%
- Total weight of the top 3 constituents should be capped at 63%
- If the above conditions are not met, the excess weight is proportionally redistributed to the remaining uncapped constituents until the above conditions are met.
Here’s how the capping and redistribution methods work. Consider the following table:
| Company Name | Weights in BSE Energy Index |
| P | 35.00% |
| Q | 20.00% |
| R | 17.50% |
| S | 16.50% |
| T | 11.00% |
| Total | 100.00% |
Clearly, the weight of Company P is more than 33%. Hence, the weights need to be rebalanced by subtracting 2% from Company A and distributing it proportionally among other companies.
| Companies | Original Weight | Calculation | New Weight |
| P | 35.00% | (35 – 2)% | 33.00% |
| Q | 20.00% | (20 + (2 ÷ 65 x 20))% | 20.62% |
| R | 17.50% | (17.50 + (2 ÷ 65 x 17.50))% | 18.04% |
| S | 16.50% | (16.50 + (2 ÷ 65 x 17.50))% | 17.01% |
| T | 11.00% | (11 + (2 ÷ 65 x 11))% | 11.34% |
| Total | 100.00% | 100.00% |
- Note: 65% is the proportion of uncapped constituents after subtracting 35% from 100%.
With the above step, the first condition of 33% has been fulfilled, but the second condition is still being breached. So, the rebalancing operation needs to be applied several times to the index to fulfil all the conditions.
The excess weight will be proportionally reduced from the top 3 companies and added to other constituents several times to calculate the value of the BSE Energy index through the capped market cap method.
S&P BSE Energy FAQs
The stocks of companies that are related to the generation and distribution of energy, whether renewable or non-renewable, are considered a part of the BSE Energy index. These stocks must also be listed on the BSE All Cap index. At present, only 26 companies constitute the BSE Energy index.
How to invest in S&P BSE Energy?
There are 2 ways to invest in the S&P BSE Energy index:
- You can either purchase each of the 26 constituents separately based on their weights on the index.
- Alternatively, you can invest in an index fund that pools investors’ money to build a corpus and invests in the constituents of BSE Energy.
What is the objective of S&P BSE Energy?
All sectors of the economy are dependent on energy to keep themselves in operation. So, it is important to understand how the energy sector is performing. It can help in making the correct judgement of how the economy and the stock markets are going to perform.
Is investment in S&P BSE Energy safe?
Investing in stock markets carries the risk of price fluctuations that can result in losses to investors. This is called market risk. It can be reduced by investing in various companies to diversify your risk. Investing across sectors can also help you reduce market risk to a considerable extent. Thus, index funds that follow market indices like BSE Energy are relatively safer investment options.
