Diversified Finance Stocks and Companies in India

The largest Diversified Finance stocks in India by market value are Onemi Technology Solutions (₹6,759 crore), Welspun Investments & Commercials (₹730 crore) and Stellant Securities (India) (₹555 crore), at prices of 4 Nov 2026.

• Onemi Technology Solutions: ₹304.75 | market value ₹6,759 crore | P/BV 2.49
• Welspun Investments & Commercials: ₹1,967 | market value ₹730 crore | P/BV 0.44
• Stellant Securities (India): ₹1,002 (price from the week of 23 Aug 2026) | market value ₹555 crore | P/BV 7.11
• Aryaman Capital Markets: ₹428 (price from the week of 8 Mar 2026) | market value ₹513 crore | P/BV 5.23
• SMT Engineering: ₹254.15 | market value ₹459 crore | P/BV 3.8

Share price | market value | P/BV or P/E, biggest first. Prices, market values and ratios at the official close of 4 Nov 2026; the score list below uses the weekly figures.

Ranked by the 4-Factor Sector Score (growth & earnings 35, capital efficiency 25, valuation 20, relative strength 20). Prices as of 30 Oct 2026.

All 5 listed Indian Finance - Investment/Others companies are named here, largest first. This is the set of companies people mean when they search for a Nifty Finance - Investment/Others index; NSE publishes its own indices only for the largest sectors, so this equal-weighted set stands in for one. One large company cannot set the reading.

1. Onemi Technology Solutions Ltd₹6,760 cr
2. Welspun Investments & Commercials Ltd₹730 cr
3. Stellant Securities (India) Ltd₹555 cr
4. Aryaman Capital Markets Ltd₹513 cr
5. SMT Engineering Ltd₹511 cr

5 Diversified Finance companies in the Finance - Investment/Others industry group have a page on Sector Alpha, by market value as of 30 October 2026, and all 5 are listed below, largest first. The largest is Onemi Technology Solutions (₹6,759 crore) and the smallest with a market value is SMT Engineering.

Download all 5 Diversified Finance companies (CSV)

The line below covers up to 5.2 years and opens on the 5Y view; the buttons cut it shorter. Over the last two years (104 weeks) this sector is 2748% ahead of NIFTY 500. Earnings across its companies grew 123% on average over the last four reported quarters.

Price and the fundamentals both up. 0 of 5 companies pass the momentum test (5+ points ahead of the Nifty 500 over 3 months, within 20% of the 52-week high).

Ahead of NIFTY 500 on the three-month view for 1 week running; 2 of the 4 companies in the industry index above their 200-day average (1 fewer than four weeks earlier); 0 of those 5 pass the momentum test (2 fewer than four weeks earlier); earnings rising at 2 of the 3 that report earnings.

Participation is shrinking, 2 → 0 of 5 over four weeks, after being ahead of NIFTY 500. Price-only fade, 2 of 3 members have higher trailing twelve-month earnings than a year ago, so the fade is in the price, not in the earnings.

Both lines start at 200 in the same week, so the gap between them tells the story: the sector line is an equal-weighted index of its 5 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member set to 100 at the start and the sector taking the middle value, so a price line pulling away from flat bars means the market is paying more for the same earnings. A bar turns grey when that figure is lower than the quarter before. The rules are fixed and the same everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover or tap any point to read both values and the gap.

Finance - Investment/Others has done better than the NIFTY 500 by 144.9% over the last 52 weeks. Over 13 weeks the gap is a lead of 4.1%. Welspun Investments & Commercials Ltd is the strongest against the sector itself at −4.4%. Readings are as of 30 October 2026.

Relative-strength score for the industry: 9.8 as of 30 October 2026 (leaders, rising).

Finance - Investment/Others has done better than the NIFTY 500 by 144.9% over 52 weeks and by 4.1% over 13 weeks. 0 of 5 companies we track are beating the NIFTY on relative strength (how a share price has done against the index over recent months) (3 have no relative-strength reading yet), and 0 of the 2 with a long enough price history are ahead of the industry itself.

A score that ranks each company against the others in its industry. The four parts shown always add up to the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or old evidence affects only its own part, never as a hidden adjustment.

SMT Engineering Ltd has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 66.9% evidence confidence.

Ranked last: too little evidence (3 companies)

Under 60% of the evidence behind these scores is available, so they rank after every company above, whatever the score.

SMT Engineering Ltd has the strongest one-year price move in Finance - Investment/Others at +211.3%. Welspun Investments & Commercials Ltd leads on relative strength against the NIFTY, at +26.6%. 1 of 5 companies we track is ahead of the index on that measure (3 have no relative-strength reading yet). Every line covers 313 weekly closes through 30 October 2026.

Price and relative strength

Price · same starting point: Every company, the sector's own index and NIFTY 500 all start level on the left edge of the window, so only the distance between the lines counts: the highest line has risen the most since then, and the chart at the top of this page is drawn the same way. It opens on one year; the buttons beside it stretch that to three or five.

RS vs NIFTY 500: How far ahead of or behind NIFTY 500 each company has been running, measured against its own recent average of that comparison, so the flat line at zero IS NIFTY 500: above it the company is beating the market, below it the market is beating the company. It opens on one year.

RS vs sector: The same measure taken against Finance - Investment/Others itself instead of the whole market, so the flat line at zero is the sector: above it the company is beating its own peers, which is the sharper test of the two. It opens on one year.

Biggest one-year moves

Strongest against NIFTY 500

Strongest against the sector itself

2 of 5 Finance - Investment/Others companies held a results call for July to September 2026. Asset Reconstruction Company (India) guided: Second-half acquisitions seasonally strongest with healthy pipeline to capture lender year-end supply.

From the results calls for July to September 2026.

Big funds, foreign and Indian, raised their stake by 0.3 points over the last two quarters. Founders and promoters kept theirs about the same.

• Spending on plants is not a useful measure for a lender, so it is left out.

Big funds = foreign and Indian institutions, change in their share of ownership across 6 Finance - Investment/Others companies, in percentage points.

Ownership and spending as of 10 October 2026.

This is the written read behind the Finance - Investment/Others figures above: what is actually happening in the industry, in words, with the evidence each claim rests on. It is dated 29 Jul 2026, so the words are older than the numbers. 5 themes are live here, 5 of them rated high severity.

538563 reported consolidated net profit surging 419.83% quarter-on-quarter to ₹12.06 crores, whilst revenue skyrocketed 175.67% to ₹74.10 crores. In contrast, WELINV reported a net loss of ₹13.14 crore for the quarter ended March 31, 2026. Total assets for WELINV stood at ₹7,527.25 crore as of March 31, 2026.

How old this read is: OLD: this read comes from our Finance - Investment/Others sector brief dated 29 Jul 2026, about 3 months ago. The page says so rather than dressing it up, and a fresh sector dive replaces it the day it runs.

What is live in this sector right now

Sources: our Finance - Investment/Others sector brief, 29 Jul 2026.

Onemi Technology Solutions Ltd has the highest Income among the 5 Finance - Investment/Others companies compared here, at ₹2,612 crore. SMT Engineering Ltd is next at ₹162 crore. SMT Engineering Ltd has the highest Income growth at the 100% top of the scoring scale, so level and change sit with different companies.

What the numbers say: Onemi Technology Solutions Ltd is the largest at ₹2,612 crore, 16.1× the revenue of SMT Engineering Ltd. SMT Engineering Ltd's growth is capped at 100% on the scoring scale; the full change over the last 12 months is 710% from a ₹162 crore base, with 16 reported quarters out of the last 20. Fast growth from a smaller base is not yet the same as proven size.

What this means: Onemi Technology Solutions Ltd is the size to compare against; SMT Engineering Ltd is the one growing fastest. The faster grower has to keep that growth and turn it into margin and returns before it counts as more than a fast start.

This conclusion weakens if: Onemi Technology Solutions Ltd's growth falls below SMT Engineering Ltd's for two consecutive comparable reports while operating margin also compresses.

For lenders, reported income is used instead of industrial-company sales. Growth is compared year-on-year.

Income · company comparison

Income · largest

Income growth · fastest growers

All-company data · latest reported quarter

In every all-company table on this page, each figure is the company’s latest single reported quarter. The rankings above them use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

Revenue shows both size and speed. A large company can absorb shocks and pay for wide distribution; faster growth can mean market-share gains, new capacity or stronger demand. The best sign is usually growth that lasts without hurting margins and returns.

Onemi Technology Solutions Ltd has the highest Net profit among the 5 Finance - Investment/Others companies compared here, at ₹379 crore. Stellant Securities (India) Ltd is next at ₹36 crore. SMT Engineering Ltd has the highest Profit growth at the 100% top of the scoring scale, so level and change sit with different companies.

What the numbers say: Onemi Technology Solutions Ltd earns the most, ₹379 crore of profit over the last 12 months, 10.5× the profit of Stellant Securities (India) Ltd. SMT Engineering Ltd shows at least 100% on the scoring scale (1000% in full) growth from a profit base of ₹22 crore. A fast rate from a small base matters less than a large profit that keeps coming.

What this means: Onemi Technology Solutions Ltd sets the level to compare against; the company improving fastest needs another report to confirm the change.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Net profit is ranked only where the comparison base is economically meaningful. Loss-to-profit flips are shown but do not win the growth table.

Net profit · company comparison

Net profit · largest

Profit growth · fastest growers

All-company data · latest reported quarter

No company in this Finance - Investment/Others comparison reports a funding base figure this section can compare, so the Deposits rank is empty. On Borrowings, Onemi Technology Solutions Ltd is highest at ₹1,643 crore, across 5 of 5 companies with a usable reading.

What the numbers say: There is not enough comparable evidence to name a reliable deposits leader.

What this means: The current leader sets the level to compare against; the company improving fastest needs another report to confirm the change.

This conclusion weakens if: The next two comparable reports reverse the current borrowings signal.

For banks, debt is operating funding rather than industrial leverage. Deposits and borrowings are therefore shown as funding-base levels; asset quality, funding cost and liquidity determine whether that funding is attractive.

Funding base · company comparison

Deposits · largest deposit bases

Not enough comparable data.

Borrowings · largest borrowings

All-company data · latest reported quarter

Deposits is left out: no company here reports it on a comparable basis.

Deposit scale can lower funding risk, while rising wholesale borrowings can change cost and liquidity. Asset quality and margins decide whether the funding base creates value.

SMT Engineering Ltd has the highest ROA among the 5 Finance - Investment/Others companies compared here, at 11.5%. Onemi Technology Solutions Ltd is next at 7.6%. Onemi Technology Solutions Ltd has the highest ROA change at +1.3 percentage points, so level and change sit with different companies. 3 of 5 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: SMT Engineering Ltd leads roa at 11.5%; Onemi Technology Solutions Ltd leads roa change at +1.3 percentage points.

What this means: SMT Engineering Ltd sets the level to compare against; the company improving fastest needs another report to confirm the change.

This conclusion weakens if: The next two comparable reports reverse the current roa change signal.

ROA is the cleanest first comparison for lenders because the balance sheet is the operating asset.

Return on assets · company comparison

ROA · highest

ROA change · fastest improvers

All-company data · latest reported quarter

Stellant Securities (India) Ltd has the highest ROE among the 5 Finance - Investment/Others companies compared here, at 53%. Aryaman Capital Markets Ltd is next at 38.7%. Onemi Technology Solutions Ltd has the highest ROE change at +4.5 percentage points, so level and change sit with different companies.

What the numbers say: Stellant Securities (India) Ltd leads roe at 53%; Onemi Technology Solutions Ltd leads roe change at +4.5 percentage points.

What this means: Stellant Securities (India) Ltd sets the level to compare against; the company improving fastest needs another report to confirm the change.

This conclusion weakens if: The next two comparable reports reverse the current roe change signal.

ROE shows the return to shareholders, but should be read with asset quality and leverage.

Return on equity · company comparison

ROE · highest

ROE change · fastest improvers

All-company data · latest reported quarter

No company in this Finance - Investment/Others comparison reports gross NPA on a comparable basis, so there is nothing to rank here, 0 of 5 companies have a usable current reading. The section is shown rather than removed so an unavailable metric is not mistaken for one that was quietly left out. Filings were read through Sep 2026.

Lower gross NPA is better. Improvement means the ratio is falling, so ranks are intentionally inverted.

Onemi Technology Solutions Ltd has the lowest P/BV ÷ ROE among the 5 Finance - Investment/Others companies compared here, at 0.1×. Stellant Securities (India) Ltd is next at 0.13×. Welspun Investments & Commercials Ltd has the lowest P/BV at 0.44×, so level and change sit with different companies.

What the numbers say: Onemi Technology Solutions Ltd has the lowest comparable P/BV ÷ ROE at 0.1×, 23.1% below Stellant Securities (India) Ltd. That would need today's multiple, the company's own history and steady growth to agree.

What this means: A low valuation is a reason to look closer at the business, not a conclusion on its own.

This conclusion weakens if: The next two comparable reports reverse the current p/bv signal.

Banks are compared on P/BV and P/BV÷ROE, not PEG. A lower figure is better only if loan quality and returns stay strong; a low price against book value while bad loans are rising is not a good sign by itself.

Valuation · company comparison

P/BV ÷ ROE · lowest return-adjusted price

P/BV · lowest P/BV

All-company data · latest reported quarter

None of the 5 Finance - Investment/Others companies is on one of our India lists this week.

This Finance - Investment/Others comparison names 7 specific ways its own evidence can mislead, all listed below. 1 of the 5 companies reports on an older date than the sector's freshest reporters, so its rank is marked stale. 2 of the 7 ranked sections have fewer than three usable current readings.

Keep these limits visible

• A high growth rate can come from a very small starting figure. The page keeps level and change separate for that reason.
• A high ROE can come from heavy borrowing. It is best read beside ROA and loan quality.
• The 4-Factor Sector Score ranks published data only. Management quality, upcoming events and risks are not part of it.
• An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
• 1 company has an older fundamental reporting date than the sector’s freshest reporters; its rank carries a stale marker.
• Banks and lenders are not forced through operating-margin or ROCE comparisons; missing lender-specific fields remain visibly missing.
• Thin comparisons: Funding base, Asset quality have fewer than three usable current readings.

This comparison is built from the reported filings of 5 Finance - Investment/Others companies, normalized to a common ₹ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Sep 2026 and market data through 30 October 2026.

Every company's second-feed figures reconcile against the primary source on overlapping reported periods, so nothing here is unverified or withheld.

These 23 answers restate the Finance - Investment/Others comparison above in question form. Every one is computed from the same 5 companies and the same reported filings as the rankings and charts, current through Sep 2026. Price and relative-strength answers run through 30 October 2026. Nothing here is estimated, and none of it is a recommendation.