Nifty Smallcap 100 Rises 0.29% on August 04; Delhivery, MCX Lead Gainers

On August 4, 2025, the Nifty Smallcap 100 Index rose by 51.20 points or 0.29% to close at 17,719.40. The index reflects the performance of 100 small-cap companies listed on the NSE and represents about 4.77% of the exchange’s free float market capitalisation as of March 2025. The index serves as a benchmark for small-cap-focused funds and exchange-traded products.

Top Performing and Underperforming Stocks

Among the top gainers for the day were Delhivery, which surged 5.83% to ₹454.90, and MCX, which climbed 5.23% to ₹7,993. CDSL, Data Patterns, and Manappuram also posted solid gains ranging from 2.90% to 3.41%. On the downside, Narayana Hrudayalaya dropped 6.62% to ₹1,816.80, followed by Reliance Power, which declined 5.01% to ₹47.58. Other notable losers included PNB Housing, IndiaMART, and Go Digit.

Index Composition and Methodology

The Nifty Smallcap 100 Index uses a free float market capitalisation methodology, meaning it only considers the shares readily available for trading. It includes 100 actively traded small-cap stocks and is rebalanced semi-annually. The base date for the index is January 1, 2004, with a base value of 1,000.

Key Market Indicators and Sector Exposure

As of March 2025, the index had a dividend yield of 4.1%, a price-to-earnings (P/E) ratio of 31.66, and a price-to-book (P/B) ratio of 0.72. Financial services hold the largest sector weight at 25.24%, followed by capital goods (10.59%), healthcare (10.10%), and chemicals (8.15%). Information technology and construction sectors also have notable representation in the index.

Leading Constituents by Weight

The top constituents by index weight include MCX with a 3.78% share, Laurus Labs at 3.30%, and CDSL at 2.54%. Other significant players are Delhivery (2.12%), Radico Khaitan (2.06%), Crompton Greaves (2.00%), and Karur Vysya Bank (2.00%). These companies play a vital role in driving index performance due to their market influence.

Also Read: Who Owns Hyundai Stock? Shareholding Structure Explained!

Returns and Risk Metrics

The index has posted a 30.18% return over the past year. However, short-term performance has been weak, with YTD returns at -3.96%. Over a 5-year period, the index has delivered a compound annual growth rate (CAGR) of 15.66%. The index has a beta of 0.85 and a correlation of 0.71 with the Nifty 50, indicating moderate sensitivity to broader market movements.

Conclusion

The Nifty Smallcap 100 index recorded modest gains on August 4, 2025, supported by strong performances from Delhivery and MCX. While short-term returns remain negative, long-term prospects look promising with a well-diversified sector representation and strong performers among its top constituents. The index continues to be a valuable indicator for small-cap market trends and a reliable benchmark for small-cap investment strategies.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

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