Top Capital Market Stocks Compared: BSE vs CDSL vs HDFC AMC vs Angel One vs MCX on Price, Valuation, Q2 FY27 Results and Risks

Capital market stocks compared here means BSE, CDSL, HDFC AMC, Angel One and MCX on one page, checked on previous close, market value, valuation and the latest quarterly numbers. The group spans two exchanges, a depository, a fund house and a broker, so each figure needs a little context before it can be read fairly.

All five capital market companies have filed their September 2026 quarter, so every result below is Q2 FY27. Capital market names tend to follow trading activity and investor sentiment, so a glance at the Nifty Fin Service page and the Sensex page before you read the tables gives useful backdrop.

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Capital Market Stocks Compared: Exchanges, Depository, Fund House and Broker

The capital market stocks compared here are BSE, CDSL, HDFC AMC, Angel One and MCX. BSE is the largest by market capitalisation at Rs 1,46,899 crore. Previous closes run from Rs 312.10 for Angel One to Rs 3,601.50 for BSE, which is why a side-by-side look at value rather than price is more useful. This capital market stocks compared list is the base for every table that follows.

Stock	Previous close (Rs)	Market cap (Rs crore)
BSE	3,601.50	1,46,899
CDSL	1,323.80	27,667
HDFC AMC	2,505.00	1,07,290
Angel One	312.10	28,561
MCX	3,315.00	84,453

A quick look at the business behind each ticker puts the numbers in context. BSE runs the BSE stock exchange and earns from trading, data and related services, while CDSL is a depository that holds investors' shares in electronic form and earns fees from transactions and issuers. HDFC AMC is one of the largest mutual fund managers in the country and earns fees on assets under management, and Angel One is a retail broking platform that serves a large base of individual investors, mostly through its app. To compare capital market stocks properly, line up return on equity, price to earnings and operating margin before forming a view.

Rounding out the group, MCX runs India's largest commodity derivatives exchange and earns from trading and related services. A fair capital market stock comparison looks at what each company actually earns from, not only at the share price. Exchanges, depositories, fund houses and brokers belong in separate mental boxes whenever you compare capital market stocks fairly.

Capital Market Stocks Valuation: Premium Multiples and Returns

Angel One trades at the lowest price to earnings ratio in this group at 24.73. MCX reports the highest return on equity at 51.22%. Angel One has the lowest price to book value at 4.28. These capital market stocks valuation readings come from the previous close and the latest reported financials. That is the idea behind this capital market stocks compared table: return on equity and price to earnings sit side by side so a high or low reading stands out at once.

Stock	Price to earnings	Price to book	ROE (%)	Dividend yield (%)	Debt to equity
BSE	52.06	22.01	37.42	0.28	0.00
CDSL	54.93	13.95	25.46	0.96	0.00
HDFC AMC	36.03	12.45	34.56	2.16	0.00
Angel One	24.73	4.28	17.33	7.89	1.14
MCX	46.95	24.05	51.22	0.24	0.00

Exchanges and depositories run asset-light businesses with very high returns on equity, which is why they often trade at premium price to earnings and price to book multiples. Return on equity and operating margin help you judge whether each premium is earned, and dividend yield shows how much of the profit is paid out. Earnings per share and book value per share are the building blocks behind price to earnings and price to book, so a glance at both in each filing is time well spent. A simple capital market stock comparison like this one is only as useful as the context behind it, which is why operating margin is worth checking as well.

In this group, price to earnings runs from 24.73 for Angel One to 54.93 for CDSL. Angel One offers the highest dividend yield at 7.89%. Industry price to earnings readings differ by sub-sector: BSE, CDSL and MCX at 45.98; HDFC AMC at 16.57; Angel One at 31.38. The industry price to earnings is a handy anchor: a stock above it is priced for faster growth, and a stock below it is priced for steadier earnings. A well-built capital market stock comparison also notes that trading volumes can move results between quarters. Run the same capital market stock comparison on your own watchlist and the pattern in these numbers will be easier to spot. Whenever you compare capital market stocks, note whether a premium is backed by returns or only by size.

Capital Market Stocks Q2 FY27 Results: Revenue and Profit Check

All of the five capital market stocks compared have filed Q2 FY27 numbers. MCX posted the fastest revenue growth at 112.4% year on year. MCX showed the sharpest rise in net profit at 130.2%. Read revenue first and quarterly profit second, since the two together show how much of the growth reaches shareholders. Treat the Q2 FY27 numbers in this capital market stocks compared review as a snapshot of one quarter, not a verdict on any capital market company.

Stock	Q2 FY27 revenue (Rs crore)	Q2 FY26 revenue (Rs crore)	Q2 FY27 net profit (Rs crore)	Q2 FY26 net profit (Rs crore)
BSE	1,551	1,140	807.5	557.0
CDSL	417.3	341.4	173.3	139.9
HDFC AMC	1,241	1,124	748.7	718.4
Angel One	1,432	1,204	335.0	211.7
MCX	851.3	400.8	454.6	197.5

BSE Results Snapshot

BSE's Q2 FY27 top line stood at Rs 1,551 crore, versus Rs 1,140 crore in Q2 FY26, a rise of 36.1%. Net profit rose 45.0% to Rs 807.5 crore from Rs 557.0 crore. Operating margin expanded to 78.1% from 72.2% a year ago. Earnings per share for the quarter rose to Rs 19.64 from Rs 13.56.

CDSL Results Snapshot

CDSL reported Q2 FY27 revenue of Rs 417.3 crore, compared with Rs 341.4 crore a year earlier, a rise of 22.2%. Net profit rose 23.8% to Rs 173.3 crore from Rs 139.9 crore. Operating margin expanded to 63.6% from 62.3% a year ago. Earnings per share for the quarter rose to Rs 8.32 from Rs 6.71.

HDFC AMC Results Snapshot

In the September 2026 quarter, HDFC AMC booked revenue of Rs 1,241 crore against Rs 1,124 crore in the same quarter last year, a rise of 10.5%. Net profit rose 4.2% to Rs 748.7 crore from Rs 718.4 crore.

Angel One Results Snapshot

Angel One's Q2 FY27 top line stood at Rs 1,432 crore, versus Rs 1,204 crore in Q2 FY26, a rise of 18.9%. Net profit rose 58.2% to Rs 335.0 crore from Rs 211.7 crore. Operating margin expanded to 44.9% from 34.8% a year ago.

MCX Results Snapshot

MCX reported Q2 FY27 revenue of Rs 851.3 crore, compared with Rs 400.8 crore a year earlier, a rise of 112.4%. Net profit rose 130.2% to Rs 454.6 crore from Rs 197.5 crore. Operating margin expanded to 82.8% from 71.8% a year ago.

Capital market results move with trading volumes, assets under management and investor activity, so revenue can look uneven from one quarter to the next. That is why a capital market stock comparison works best when it looks at two or three quarters together. Used this way, a capital market stocks compared review becomes a map of the sector rather than a price list. When you compare capital market stocks after each result season, track how operating margin changes from one quarter to the next. A capital market stock comparison built on one quarter of data is a starting point, and the next set of results will update it.

Capital Market Stocks Compared Two at a Time: Three Pairings

Readers rarely want a five-way table and nothing else, so here are three head-to-head reads drawn from the same data. Use them as a quick way to compare capital market stocks two at a time.

BSE vs MCX

BSE and MCX are the two exchanges on this list, one for equities and derivatives and the other for commodities. MCX reports the higher return on equity, at 51.22% against 37.42% for BSE. For dividend income, BSE offers 0.28% against 0.24% at MCX. In Q2 FY27, MCX grew revenue faster, at 112.4% year on year against 36.1% for BSE. Both earn from trading activity, so volumes and operating margin matter more than any single ratio.

CDSL vs BSE

CDSL holds investors' shares in electronic form and BSE runs a stock exchange, so both gain as more people invest. BSE is about 5.3 times the size of CDSL by market capitalisation, at Rs 1,46,899 crore against Rs 27,667 crore. On price to earnings, BSE carries the lower multiple at 52.06 against 54.93 for CDSL. BSE reports the higher return on equity, at 37.42% against 25.46% for CDSL. Both run asset-light models with high margins, so read return on equity and valuation together.

HDFC AMC vs Angel One

HDFC AMC manages mutual fund assets and Angel One serves retail traders and investors, so the pair covers two ways of earning from the same rise in investing. On price to earnings, Angel One carries the lower multiple at 24.73 against 36.03 for HDFC AMC. HDFC AMC reports the higher return on equity, at 34.56% against 17.33% for Angel One. For dividend income, Angel One offers 7.89% against 2.16% at HDFC AMC. A fund house earns on assets and a broker earns on client activity, so read the business model before you read the ratio.

Best Capital Market Stocks for Each Type of Investor

If you are asking which of the best capital market stocks here suits you, the answer depends on what you value. The table below shows who leads on each measure today, which is the fairest way to answer without naming a single winner. Any capital market stocks compared table can mislead if you stop at one row, because each capital market company leads on a different measure.

If you care most about	Start your research with	The number
Lowest price to earnings	Angel One	24.73
Highest return on equity	MCX	51.22%
Highest dividend yield	Angel One	7.89%
Lowest price to book value	Angel One	4.28
Largest by market capitalisation	BSE	Rs 1,46,899 crore
Fastest Q2 FY27 revenue growth	MCX	112.4%
Sharpest Q2 FY27 net profit rise	MCX	130.2%

No single name tops every row, which is exactly why a capital market stock comparison helps. Exchanges, a depository, a fund house and a broker lead on different measures, so decide which model suits you before you rank the numbers.

What Is Driving Capital Market Companies Right Now?

More Indian households are investing through demat accounts, mutual funds and trading platforms, and that widens the base for exchanges, depositories, fund houses and brokers. Their income rises with market activity, assets managed and the number of active investors. Knowing what moves trading volumes and investor activity helps you compare capital market stocks with the right questions in mind.

Exchanges and depositories run asset-light models with high operating margins, fund houses earn on assets under management, and brokers earn on client activity. That mix makes margins and return on equity the key numbers to compare. A good capital market stocks compared routine therefore tracks trading volumes, assets under management, active clients and operating margin.

Risks to Weigh When You Compare Capital Market Stocks

Capital market stocks are tied to market activity, regulatory changes and investor sentiment, so income can move with trading volumes. Valuations are often high, which leaves less room for slips. Read the commentary on volumes, assets and regulation in each filing before you compare them. Every capital market stock comparison has blind spots, and for this group the biggest is trading volumes and investor activity. A thoughtful capital market stocks compared review keeps these risks next to the numbers instead of in a footnote.

Because trading volumes, assets under management, active clients and operating margin drive these businesses, the most useful habit is to read the management commentary that comes with every result and note what is expected for the next quarter. Read together, the risk notes and the tables make this capital market stocks compared guide a balanced starting point.

How to Compare Capital Market Stocks and Build a Shortlist

Start by deciding whether you want an exchange, a depository, a fund house or a broker, because each responds to different triggers. Exchanges reward readers who track trading volumes, while fund houses reward those who track assets under management. Done step by step, this capital market stocks compared routine becomes repeatable rather than a one-off exercise.

Then check valuation and payouts, because premium multiples leave less room for slips and dividends differ widely. Spreading your attention across one market infrastructure name and one fund or broking name is a simple way to see both sides of the sector. Keep the shortlist of best capital market stocks short enough that you can actually follow each company's quarterly results. When you compare capital market stocks again after new results, update only the rows that changed instead of starting over.

The Univest stock screener lets you filter capital market stocks by market capitalisation, return on equity and price to earnings, and the app keeps live prices a tap away through the trading day. Come back to this capital market stocks compared page after the next set of results to see which numbers have moved.

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Conclusion: Capital Market Stocks Compared at a Glance

This capital market stocks compared review on price, valuation and Q2 FY27 results shows that no single name wins every measure. BSE leads on size and MCX leads on return on equity, while the others bring their own strengths. Treat the capital market stocks Q2 FY27 results and capital market stocks valuation tables as a research starting point, then check the filings and speak to a SEBI-registered advisor before you invest. If you plan to compare capital market stocks again next quarter, the same checklist of return on equity, price to earnings and operating margin will work.

Frequently Asked Questions on Capital Market Stocks Compared

Which are the top capital market stocks compared in this article?

Ans. The capital market stocks compared in this article are BSE, CDSL, HDFC AMC, Angel One and MCX. They are checked on previous close, market capitalisation, price to earnings, price to book, return on equity and the latest quarterly results, so you get a clear side-by-side starting point before you open any single company's filings in more depth.

Which capital market stock has the highest market capitalisation?

Ans. Among the five names, BSE has the highest market capitalisation at Rs 1,46,899 crore. HDFC AMC follows at Rs 1,07,290 crore. Market capitalisation is the total value the market places on a company and moves with the share price every day, so check the live figure before you rely on it.

Which of these capital market stocks has the lowest price to earnings ratio?

Ans. On capital market stocks valuation, Angel One has the lowest price to earnings ratio among these capital market stocks at 24.73, based on the latest reported earnings. CDSL sits at the other end at 54.93. A lower multiple is not automatically better, since growth, margins and business quality all influence what investors are willing to pay.

Which capital market stock has the highest return on equity?

Ans. MCX reports the highest return on equity in this group at 51.22%. Return on equity shows how much profit a company earns on shareholder funds, so a higher figure usually points to efficient use of capital. Compare it over several years, and keep debt levels in mind, because heavy borrowing can lift the ratio.

How did capital market stocks perform in Q2 FY27 results?

Ans. All of the five names have filed Q2 FY27 numbers in our data. MCX recorded the fastest revenue growth at 112.4% year on year. MCX showed the sharpest net profit rise at 130.2%. For capital market stocks Q2 FY27 results, each filing on the exchange website carries the full detail behind these figures.

What are the main risks when you compare capital market stocks?

Ans. Capital market stocks are tied to market activity, regulatory changes and investor sentiment, so income can move with trading volumes. Valuations are often high, which leaves less room for slips. Read the commentary on volumes, assets and regulation in each filing before you compare them. Keep an eye on trading volumes, assets under management, active clients and operating margin.

Which metrics matter most when you compare capital market stocks?

Ans. Return on equity, operating margin and price to earnings matter most, since these businesses are valued on profitability and growth. Trading volumes, assets under management and active client counts drive revenue, and dividend yield shows payouts. Read each filing for these along with the numbers in this article.

Which is the best capital market stock to buy among these five?

Ans. The best capital market stock depends on whether you value market infrastructure, asset management or broking growth, because the five names differ on all three. On the numbers in this article, BSE has the largest market capitalisation; Angel One has the lowest price to earnings as well as the highest dividend yield; MCX has the highest return on equity. No single stock tops every measure, and none of this is a recommendation. Use the tables to build a shortlist, check the latest filings, and speak to a SEBI-registered advisor before you decide, since your goals, time horizon and risk appetite matter more than any ranking.