Where the Market Is Actually Participating — and when it got there
Across is how many of an industry's companies are beating NIFTY 500 by 5 points or more over 13 weeks; up is the middle company's profit growth against the same quarter a year earlier. The dashed cross is the whole market's middle for that quarter, and the four corners it makes are the four boxes: profits and price both ahead (green), profits ahead but price not yet (amber), price ahead but profits not (blue), neither (grey).
Drag the clock, or press play, and every bubble — and the cross — moves to where it stood at that quarter end.
Click a bubble to trace its last 20 quarter ends: fainter is older, and a dashed grey leg is a quarter when too few companies had filed for the profit leg to be trusted.
The whole club this quarter
—Broadest participation
| Industry | N | Breadth |
|---|
Deepest setup pool
| Industry | N | PAT g |
|---|
New this quarter
| Industry | From | To |
|---|
Peer medians are taken over industries with three companies or more, and every industry on this page has at least three. Thin quarters: fewer than 500 companies market-wide with a measurable profit growth — their tick labels are red and the profit leg there is not to be trusted.
What is real here — every number is computed from our own tables. Quarterly filings are deep only from Dec-2023 (the profit leg), and the earnings leg needs eight quarters, so it is solid from Sep-2024; price history is deep to 2017. The roster is today's ₹500-crore club applied back through history, so a company that has since left the club is not in its own past. A company whose price cannot be honestly restated across a split or bonus is counted as unpriced, never as "not participating". Built 2026-08-19 10:07 UTC.
Sector Alpha describes what has happened in published market and filing data and explains the fundamentals behind it. It does not make recommendations, does not suggest buying or selling any security, and is not registered with SEBI as an investment adviser.