| 1 | Bharat Electronics LtdBEL · Industrials | 85 | -283% | Watch |
| 2 | Mazagon Dock Shipbuilders LtdMAZDOCK · Industrials | 83 | -323% | Avoid |
| 3 | Indian Railway Catering & Tourism Corporation LtdIRCTC · Consumer Discretionary | 81 | -118% | Watch |
| 4 | Hindustan Aeronautics LtdHAL · Industrials | 80 | -157% | Watch |
| 5 | Coal India LtdCOALINDIA · Energy | 77 | -15% | Watch |
| 6 | Power Finance Corporation LtdPFC · Financial Services | 75 | +40% | Buy candidate |
| 7 | REC LtdRECLTD · Financial Services | 75 | +11% | Buy candidate |
| 8 | Indian Renewable Energy Development Agency LtdIREDA · Financial Services | 74 | -173% | Watch |
| 9 | Railtel Corporation of India LtdRAILTEL · Telecommunication | 71 | -76% | Watch |
| 10 | NBCC (India) LtdNBCC · Industrials | 69 | -265% | Watch |
| 11 | Garden Reach Shipbuilders & Engineers LtdGRSE · Industrials | 68 | -734% | Watch |
| 12 | Engineers India LtdENGINERSIN · Industrials | 67 | -229% | Watch |
| 13 | Housing & Urban Development Corporation LtdHUDCO · Financial Services | 66 | -137% | Pass |
| 14 | Life Insurance Corporation of IndiaLICI · Financial Services | 66 | -25% | Pass |
| 15 | State Bank of IndiaSBIN · Financial Services | 65 | -171% | Pass |
| 16 | Rites LtdRITES · Industrials | 63 | -173% | Pass |
| 17 | Shipping Corporation of India LtdSCI · Services | 63 | +11% | Watch |
| 18 | NMDC LtdNMDC · Commodities | 61 | +8% | Watch |
| 19 | Oil India LtdOIL · Energy | 60 | -2% | Watch |
| 20 | National Aluminium Company LtdNATIONALUM · Commodities | 60 | -200% | Pass |
| 21 | Gujarat Gas LtdGUJGASLTD · Energy | 58 | -250% | Watch |
| 22 | Indian BankINDIANB · Financial Services | 57 | -165% | Pass |
| 23 | General Insurance Corporation of IndiaGICRE · Financial Services | 56 | +42% | Pass |
| 24 | Bharat Petroleum Corporation LtdBPCL · Energy | 55 | +28% | Watch |
| 25 | NTPC LtdNTPC · Utilities | 55 | -54% | Pass |
| 26 | Balmer Lawrie Investment LtdBLIL · Financial Services | 55 | +41% | Avoid |
| 27 | Power Grid Corporation of India LtdPOWERGRID · Utilities | 54 | -62% | Pass |
| 28 | Cochin Shipyard LtdCOCHINSHIP · Industrials | 53 | -362% | Pass |
| 29 | Bharat Dynamics LtdBDL · Industrials | 51 | -1822% | Pass |
| 30 | Mishra Dhatu Nigam LtdMIDHANI · Industrials | 51 | -642% | Pass |
| 31 | Container Corporation Of India LtdCONCOR · Services | 49 | -207% | Pass |
| 32 | Indian Railway Finance Corporation LtdIRFC · Financial Services | 49 | -193% | Pass |
| 33 | NLC India LtdNLCINDIA · Utilities | 48 | -89% | Pass |
| 34 | Balmer Lawrie & Company LtdBALMLAWRIE · Diversified | 48 | -28% | Pass |
| 35 | GAIL (India) LtdGAIL · Energy | 47 | -53% | Pass |
| 36 | Gujarat Mineral Development Corporation LtdGMDCLTD · Commodities | 45 | -267% | Pass |
| 37 | Hindustan Petroleum Corporation LtdHINDPETRO · Energy | 45 | +8% | Pass |
| 38 | Hindustan Copper LtdHINDCOPPER · Commodities | 45 | -3824% | Pass |
| 39 | MOIL LtdMOIL · Commodities | 44 | -143% | Pass |
| 40 | Indian Overseas BankIOB · Financial Services | 41 | -172% | Pass |