Kotak Nifty Alpha 50 ETF Stock Price Today (NSE: ALPHA)

Kotak Nifty Alpha 50 ETF

49.67+0.17 (+0.34%)
Market Open

Fundamental Score

...

Kotak Nifty Alpha 50 ETF Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Kotak Nifty Alpha 50 ETF share price today is 49.67, up +0.34% on NSE/BSE as of 19 June 2026. Kotak Nifty Alpha 50 ETF (ALPHA) is a Small-cap company in the Computers - Software & Consulting sector with a market capitalisation of 396.86 (Cr). The 52-week high for ALPHA share price is 53.60 and the 52-week low is 42.00. At a P/E ratio of 80.83x, ALPHA is currently trading above its industry average P/E of 24.76x. The company has a Return on Equity (ROE) of 11.49% and a debt-to-equity ratio of 0.10.

Kotak Nifty Alpha 50 ETF Share Price Chart — NSE/BSE Historical Performance

No data
High
51.47
Low
48.23
Volume
13.7L
Change
+4.61%

Kotak Nifty Alpha 50 ETF share price chart: 4.61% return over the past month. 52-week high ₹53.60, 52-week low ₹42.00.

Kotak Nifty Alpha 50 ETF — Last 10 Trading Days

DateOpenHighLowCloseVolume
49.4749.7948.8949.6721.57L (Cr)
50.6450.9149.3849.5027.93L (Cr)
51.4952.5950.4550.6426.82L (Cr)
51.3151.3151.3151.310.00 (Cr)
50.8451.4750.5251.3110.18L (Cr)
50.9851.0850.6550.8516.25L (Cr)
50.3651.2550.3650.8118.60L (Cr)
50.0851.3949.8450.2421.53L (Cr)
48.6250.4848.6250.0810.24L (Cr)
49.0649.9948.9649.877.15L (Cr)

Kotak Nifty Alpha 50 ETF — Last 12 Months Price History

MonthOpenHighLowCloseChange
50.6450.9148.8949.67-1.92%
49.9952.5948.2350.64+1.30%
43.6849.7442.3648.84+11.81%
48.6053.6042.0042.62-12.30%
46.1849.4044.3648.62+5.28%
47.7549.0045.2346.64-2.32%
50.1250.2847.0048.23-3.77%
49.2350.3947.9250.04+1.65%
46.5149.8546.5148.75+4.82%
48.3550.4746.2646.96-2.87%
49.8250.3547.0747.18-5.30%
50.3252.9448.6449.97-0.70%

AI Research Briefing

Powered by Gemini · 2026-04-17

Overvalued micro-cap ETF with poor recent performance and reliance on a potentially fading alpha factor.

Research Confidence
6.0/10Moderate
RATE PLAYBreakdown (1M: -17.23%, 3M: -27.07%, 6M: -37.53%)Expensive (P/E: 80.83x vs Industry P/E: 24.76x)

WHAT'S HAPPENING NOW (last 2-4 weeks)

Kotak Nifty Alpha 50 ETF is currently 73% increase. The ETF experienced a 52-week low of on March 30, 2026, and a high of on March 4, 2026. Recent performance shows a decline: 1M: -17.23%, 3M: -27.07%, 6M: -37.53%.

CORE STORY (THE REAL GAME)

This ETF is a play on identifying and capturing alpha generation within the Indian equity market. It's not about broad market exposure but about overweighting stocks that have historically shown higher alpha.

Why Now
  • High P/E ratio compared to industry average
  • Negative free cash flow
  • Significant price decline in the last 6 months and 1 year
Potential Catalysts
  • Outperformance of NIFTY Alpha 50 Index
  • Positive earnings surprises from top holdings
  • Increased investor interest in alpha-seeking strategies
Key Risks
  • Micro/SME cap exposes to liquidity risk
  • High P/E ratio indicates overvaluation
  • Negative free cash flow raises concerns about financial health
Institutional Activity

No FII or DII holdings reported. Promoter holding is 73.78%.

Macro Context

The Indian IT industry is projected to have a compound annual growth rate of 10.65% until 2029.

Cash Flow Quality

No (₹-23.33 Cr)

3–6 Month Outlook

If alpha factor fades or selected stocks underperform, significant correction is likely. Focus on financial and banking sectors makes it vulnerable to sector-specific downturns.

Primary Thesis Risk

Reliance on alpha factor that may not persist.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

11.49%

Profit generated per ₹1 of shareholder equity

Average

Return on Capital (ROCE)

16.28%

Returns generated on total capital deployed

Good

Oper. Profit Margin (5Y Avg)

11.77%

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

Kotak Nifty Alpha 50 ETF Valuation Check

Poor

Price to Earnings (P/E)

80.83x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

24.76x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

73.78%

% shares held by company founders/management

Poor

FII Holding

0.00%

% shares held by foreign institutional investors

Poor

DII Holding

0.00%

% held by domestic mutual funds, LIC, banks

Poor

Promoter Pledged %

5.89%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Poor

Profit Growth (Quarterly YoY)

12.60%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

-10.59%

Revenue growth vs same quarter last year

Excellent

Revenue Growth (5-Year CAGR)

75.52%

Compounded annual revenue growth over 5 years

Excellent

EPS Growth (5-Year CAGR)

16.11%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

19.91%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.10x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

30.13x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

-23.33 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Kotak Nifty Alpha 50 ETF Fundamental Analysis & Valuation Benchmarking

Educational evaluation of ALPHA across key market metrics for learning purposes.

Positive Indicators

7 factors identified

Excellent ROCE Performance (16.28%)

Observation: Superior returns on capital employed across business operations.

Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.

Consistent Growth Track Record (75.52% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Excellent EPS Growth (16.11% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential.

Strong Profit Growth Track Record (19.91% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Conservative Debt Levels (D/E: 0.10)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Interest Coverage (30.13x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Balanced Promoter Holding (73.78%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Risk Factors

4 factors identified

Premium Valuation Risk (P/E: 80.83x)

Observation: High valuation multiples may limit upside potential.

Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.

Revenue Contraction (-10.59%)

Observation: Sales decline may indicate market challenges or competitive pressures.

Analysis: Negative revenue growth requires analysis of market conditions.

Negative Free Cash Flow (₹-23.33 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

Kotak Nifty Alpha 50 ETF vs Computers - Software & Consulting Peers

Peer Comparison - Computers - Software & Consulting

Compare Kotak Nifty Alpha 50 ETF with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
43.2/100
50
₹396.86
80.8
Average
11.49%
Average
16.28%
Good
0.1
Excellent
19.91%
Excellent
75.52%
Excellent
0.00%
58.6/100
2284
₹1.13M
22.5
Average
52.38%
Excellent
64.63%
Excellent
0.1
Excellent
8.48%
Good
10.22%
Good
1.91%
54.1/100
1160
₹649949.90
23.1
Average
28.83%
Excellent
37.50%
Excellent
0.1
Excellent
10.01%
Good
12.41%
Good
2.75%
55.7/100
1195
₹444855.72
26.2
Average
25.00%
Excellent
31.61%
Excellent
0.1
Excellent
9.49%
Good
10.62%
Good
3.29%
Wipro Ltd...
WIPRO507685
47.3/100
188
₹262488.32
19.4
Average
16.59%
Good
19.51%
Good
0.2
Excellent
6.13%
Good
7.82%
Good
2.40%
68.9/100
4381
₹182443.44
37.5
Average
21.53%
Excellent
27.63%
Excellent
0.1
Excellent
24.78%
Excellent
28.43%
Excellent
1.06%
30.1/100
1456
₹149883.55
33.4
Average
14.62%
Average
18.56%
Good
0.1
Excellent
-0.38%
Poor
7.52%
Good
2.94%
62.09999999999999/100
5098
₹101057.04
60.7
Average
24.08%
Excellent
30.44%
Excellent
0.1
Excellent
32.77%
Excellent
27.34%
Excellent
0.55%
58.6/100
1388
₹63722.44
56.0
Average
15.98%
Good
20.34%
Excellent
0.1
Excellent
12.59%
Good
23.56%
Excellent
0.80%
Mphasis Ltd...
MPHASIS526299
51.5/100
2233
₹53963.41
30.2
Average
18.22%
Good
22.71%
Excellent
0.2
Excellent
7.24%
Good
9.98%
Good
2.01%
59.3/100
508
₹45126.44
32.3
Average
23.34%
Excellent
29.52%
Excellent
0.1
Excellent
12.23%
Good
16.49%
Excellent
1.56%

Kotak Nifty Alpha 50 ETF Quarterly Performance

Latest quarterly metrics for ALPHA — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

-10.59%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

12.60%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

75.52%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

19.91%

Compounded annual net profit growth over 5 years

Kotak Nifty Alpha 50 ETF Technical Indicators

SMA 50, SMA 200, RSI and volume signals for ALPHA — calculated from daily price history

54RSI 14
Neutral — RSI 54

Momentum is balanced — neither overbought nor oversold.

SMA 50
48
▲ Price above SMA 50 — Short-term bullish
SMA 200
48
▲ Price above SMA 200 — Long-term uptrend
30-Day Avg Volume
1322K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Kotak Nifty Alpha 50 ETF Financial Statements

Annual income statement, balance sheet and cash flow for Kotak Nifty Alpha 50 ETF (ALPHA) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Kotak Nifty Alpha 50 ETF

About ALPHA (Kotak Nifty Alpha 50 ETF)

Kotak Nifty Alpha 50 ETF (ALPHA) is listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) of India. The company operates in the Computers - Software & Consult...ing sector with a current market capitalisation of ₹396.86 (Cr). Kotak Nifty Alpha 50 ETF has delivered a Return on Equity (ROE) of 11.49% and a ROCE of 16.28%. The debt-to-equity ratio stands at 0.10, reflecting the company's capital structure. Investors tracking ALPHA share price can monitor key metrics including P/E ratio, promoter holding of 73.78%, and quarterly earnings growth.

Company Details

Symbol:ALPHA
Industry:Computers - Software & Consulting
Sector:Computers - Software & Consulting
Website:N/A

ALPHA Share Price: Frequently Asked Questions

What is the current share price of Kotak Nifty Alpha 50 ETF?

Kotak Nifty Alpha 50 ETF (ALPHA) trades at ₹49.67 on NSE and BSE. Market cap ₹396.86 (Cr). Educational data only.

What is the P/E ratio of Kotak Nifty Alpha 50 ETF?

Kotak Nifty Alpha 50 ETF has a P/E of 80.83x vs industry average 24.76x.

What is the Bull Run score for Kotak Nifty Alpha 50 ETF?

Kotak Nifty Alpha 50 ETF has a Bull Run score of 43.2/100 based on 25+ financial parameters.

Does Kotak Nifty Alpha 50 ETF pay dividends?

Kotak Nifty Alpha 50 ETF has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of Kotak Nifty Alpha 50 ETF?

Kotak Nifty Alpha 50 ETF has ROE of 11.49%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Kotak Nifty Alpha 50 ETF?

Kotak Nifty Alpha 50 ETF has debt-to-equity of 0.10.

Is Kotak Nifty Alpha 50 ETF a good investment?

Bull Run gives Kotak Nifty Alpha 50 ETF a score of 43.2/100. This is not investment advice — consult a SEBI-registered advisor.