Norway GPFG Industrials holdings
Norway's Government Pension Fund Global holds 215 industrials companies worth $ 91.8B — 8.9% of its listed equity value — as of 8 September 2026. Showing positions 1–200.
Every position in this sector, largest first. Values are the fund's holding; ownership is the share of the company held.
| Company | Ticker | Country | Fund value (USD) | Fund value (NOK) | Ownership | Voting | Price | P/E | Market cap | Analyst rec |
|---|---|---|---|---|---|---|---|---|---|---|
| General Electric Co | GE | United States | $ 5.0B | kr 49.9B | 1.30% | 1.3% | 338.31 | 39.80 | $ 351.0B | None |
| Siemens AG | SIE.DE | Germany | $ 4.9B | kr 48.9B | 1.96% | 1.96% | 272.50 | 27.25 | $ 212.6B | Buy |
| GE Vernova Inc | GEV | United States | $ 4.0B | kr 39.5B | 1.27% | 1.27% | 965.03 | 27.69 | $ 257.0B | Buy |
| Rolls-Royce Holdings PLC | RR.L | United Kingdom | $ 3.5B | kr 35.0B | 0.63% | 2.21% | 1481.00 | 41.14 | $ 122.1B | None |
| Siemens Energy AG | ENR.DE | Germany | $ 3.3B | kr 32.8B | 2.03% | 2.03% | 148.86 | 48.17 | $ 126.7B | Buy |
| RTX Corp | RTX | United States | $ 3.2B | kr 32.0B | 1.26% | 1.26% | 199.02 | 35.04 | $ 268.2B | Buy |
| Bloom Energy Corp | BE | United States | $ 2.3B | kr 23.0B | 2.70% | 2.7% | 280.00 | 368.42 | $ 82.5B | Buy |
| Union Pacific Corp | UNP | United States | $ 2.2B | kr 21.6B | 1.35% | 1.35% | 290.23 | 23.52 | $ 172.4B | Buy |
| Deere & Co | DE | United States | $ 2.1B | kr 21.1B | 1.24% | 1.24% | 684.14 | 38.09 | $ 184.5B | Buy |
| Howmet Aerospace Inc | HWM | United States | $ 2.1B | kr 20.6B | 1.94% | 1.94% | 240.14 | 51.75 | $ 95.8B | Strong Buy |
| Eaton Corp PLC | ETN | United States | $ 2.1B | kr 20.4B | 1.25% | 1.25% | 426.86 | 43.47 | $ 165.8B | Buy |
| Parker-Hannifin Corp | PH | United States | $ 1.9B | kr 18.8B | 1.54% | 1.54% | 959.73 | 33.69 | $ 121.0B | Buy |
| Vertiv Holdings Co | VRT | United States | $ 1.6B | kr 16.2B | 1.27% | 1.27% | 294.07 | 66.38 | $ 113.2B | Strong Buy |
| Trane Technologies PLC | TT | United States | $ 1.5B | kr 14.4B | 1.34% | 1.34% | 447.12 | 33.27 | $ 98.4B | Buy |
| United Rentals Inc | URI | United States | $ 1.4B | kr 13.8B | 1.96% | 1.96% | 1017.03 | 24.44 | $ 63.3B | None |
| Quanta Services Inc | PWR | United States | $ 1.4B | kr 13.4B | 1.26% | 1.26% | 642.85 | 73.55 | $ 96.6B | Strong Buy |
| Space Exploration Technologies Corp | SPCX | United States | $ 1.2B | kr 12.1B | 0.05% | 0.01% | 153.74 | — | $ 2.0T | Buy |
| Rheinmetall AG | RHM.DE | Germany | $ 1.2B | kr 12.0B | 2.29% | 2.29% | 1051.80 | 40.41 | $ 49.1B | Strong Buy |
| RELX PLC | REL.L | United Kingdom | $ 1.2B | kr 11.8B | 2.16% | 2.16% | 2551.00 | 20.41 | $ 44.5B | None |
| Johnson Controls International plc | JCI | United States | $ 1.2B | kr 11.8B | 1.34% | 1.34% | 145.58 | 41.01 | $ 88.2B | Buy |
| Cummins Inc | CMI | United States | $ 1.2B | kr 11.8B | 1.21% | 1.21% | 564.63 | 28.85 | $ 77.7B | Buy |
| Canadian Pacific Kansas City Ltd | CP.TO | Canada | $ 1.2B | kr 11.6B | 1.53% | 1.53% | 126.78 | 29.48 | $ 111.4B | Buy |
| 3M Co | MMM | United States | $ 1.1B | kr 11.3B | 1.37% | 1.37% | 166.40 | 29.56 | $ 85.8B | Buy |
| CSX Corp | CSX | United States | $ 1.1B | kr 10.7B | 1.23% | 1.23% | 49.37 | 28.70 | $ 91.4B | Buy |
| Waste Management Inc | WM | United States | $ 1.0B | kr 10.2B | 1.15% | 1.15% | 217.62 | 30.78 | $ 87.0B | Buy |
| Emerson Electric Co | EMR | United States | $ 1.0B | kr 10.0B | 1.27% | 1.27% | 152.62 | 33.40 | $ 85.1B | Buy |
| TransDigm Group Inc | TDG | United States | $ 996.2M | kr 9.9B | 1.34% | 1.34% | 1146.76 | 34.75 | $ 63.4B | Buy |
| Deutsche Post AG | DHL.DE | Germany | $ 990.2M | kr 9.8B | 1.42% | 1.42% | 55.12 | 16.80 | $ 61.2B | Hold |
| AMETEK Inc | AME | United States | $ 895.0M | kr 8.9B | 1.61% | 1.61% | 239.91 | 35.02 | $ 55.0B | Buy |
| FedEx Corp | FDX | United States | $ 891.4M | kr 8.8B | 1.19% | 1.19% | 316.65 | 17.08 | $ 74.9B | Buy |
| Illinois Tool Works Inc | ITW | United States | $ 849.5M | kr 8.4B | 1.09% | 1.09% | 268.05 | 24.26 | $ 76.3B | Hold |
| United Parcel Service Inc | UPS | United States | $ 847.7M | kr 8.4B | 0.93% | 0.44% | 100.82 | 18.74 | $ 85.8B | Buy |
| Comfort Systems USA Inc | FIX | United States | $ 816.5M | kr 8.1B | 1.17% | 1.17% | 1644.91 | 40.54 | $ 57.9B | Strong Buy |
| Norfolk Southern Corp | NSC | United States | $ 755.8M | kr 7.5B | 1.07% | 1.07% | 329.15 | 28.06 | $ 73.9B | Hold |
| Cintas Corp | CTAS | United States | $ 731.0M | kr 7.2B | 1.07% | 1.07% | 200.19 | 40.77 | $ 80.1B | Buy |
| Fastenal Co | FAST | United States | $ 728.7M | kr 7.2B | 1.32% | 1.32% | 49.45 | 42.26 | $ 56.7B | Hold |
| Rockwell Automation Inc | ROK | United States | $ 679.5M | kr 6.7B | 1.24% | 1.24% | 430.67 | 40.36 | $ 47.9B | Buy |
| PACCAR Inc | PCAR | United States | $ 674.3M | kr 6.7B | 1.07% | 1.07% | 123.02 | 25.90 | $ 64.8B | Buy |
| Canadian National Railway Co | CNR.TO | Canada | $ 667.7M | kr 6.6B | 0.92% | 0.92% | 169.93 | 21.79 | $ 102.8B | Buy |
| Waste Connections Inc | WCN.TO | Canada | $ 651.8M | kr 6.4B | 1.54% | 1.54% | 224.34 | 39.15 | $ 56.4B | Buy |
| WW Grainger Inc | GWW | United States | $ 651.6M | kr 6.4B | 1.01% | 1.01% | 1280.41 | 32.66 | $ 60.3B | Hold |
| Heidelberg Materials AG | HEIG.DE | Germany | $ 641.6M | kr 6.3B | 1.91% | 1.91% | — | — | — | — |
| Otis Worldwide Corp | OTIS | United States | $ 607.6M | kr 6.0B | 2.21% | 2.21% | 70.56 | 18.14 | $ 26.9B | Buy |
| Republic Services Inc | RSG | United States | $ 600.1M | kr 5.9B | 0.92% | 0.92% | 221.40 | 31.36 | $ 67.8B | Buy |
| Block Inc | SQ | United States | $ 596.0M | kr 5.9B | 1.32% | 0.69% | — | — | — | — |
| Westinghouse Air Brake Technologies Corp | WAB | United States | $ 586.8M | kr 5.8B | 1.28% | 1.28% | 286.01 | 38.44 | $ 48.3B | Strong Buy |
| Axon Enterprise Inc | AXON | United States | $ 578.3M | kr 5.7B | 1.28% | 1.28% | 507.99 | 209.91 | $ 41.3B | Buy |
| Experian PLC | EXPN.L | United Kingdom | $ 566.3M | kr 5.6B | 1.88% | 1.88% | 2806.00 | 23.19 | $ 24.8B | Buy |
| Rocket Lab Corp | RKLB | United States | $ 563.1M | kr 5.6B | 0.89% | 0.89% | 66.64 | — | $ 42.6B | Buy |
| MTU Aero Engines AG | MTX.DE | Germany | $ 559.7M | kr 5.5B | 2.50% | 2.5% | 355.00 | 20.57 | $ 19.1B | Hold |
| AerCap Holdings NV | AER | United States | $ 547.2M | kr 5.4B | 2.32% | 2.32% | 145.34 | 7.14 | $ 22.8B | None |
| Carrier Global Corp | CARR | United States | $ 540.8M | kr 5.4B | 0.89% | 0.89% | 59.47 | 42.48 | $ 49.0B | Buy |
| Sunbelt Rentals Holdings Inc | SUNB.L | United Kingdom | $ 525.0M | kr 5.2B | 1.76% | 1.76% | 5068.00 | 21.75 | $ 20.8B | Hold |
| Melrose Industries PLC | MRO.L | United Kingdom | $ 495.5M | kr 4.9B | 6.31% | 6.31% | 498.50 | 38.35 | $ 6.2B | Buy |
| Old Dominion Freight Line Inc | ODFL | United States | $ 479.1M | kr 4.7B | 1.06% | 1.06% | 186.99 | 35.96 | $ 38.9B | Buy |
| Halma PLC | HLMA.L | United Kingdom | $ 464.1M | kr 4.6B | 2.34% | 2.34% | 3750.00 | 38.27 | — | Buy |
| Ferguson Enterprises Inc | FERG | United States | $ 461.7M | kr 4.6B | 1.00% | 1% | 228.97 | 22.54 | $ 44.3B | Buy |
| Lincoln Electric Holdings Inc | LECO | United States | $ 458.9M | kr 4.5B | 3.17% | 3.17% | 276.75 | 27.65 | $ 15.1B | Buy |
| JB Hunt Transport Services Inc | JBHT | United States | $ 434.3M | kr 4.3B | 1.60% | 1.6% | 274.26 | 38.96 | $ 25.8B | Buy |
| Rentokil Initial PLC | RTO.L | United Kingdom | $ 408.5M | kr 4.0B | 2.86% | 2.86% | 341.70 | 37.97 | $ 8.6B | Buy |
| Carpenter Technology Corp | CRS | United States | $ 391.7M | kr 3.9B | 1.28% | 1.28% | 461.13 | 43.92 | $ 22.9B | None |
| Curtiss-Wright Corp | CW | United States | $ 383.7M | kr 3.8B | 1.37% | 1.37% | 576.17 | 39.71 | $ 21.3B | Buy |
| nVent Electric PLC | NVT | United States | $ 374.5M | kr 3.7B | 1.36% | 1.36% | 162.09 | 45.03 | $ 26.2B | Strong Buy |
| Diploma PLC | DPLM.L | United Kingdom | $ 368.3M | kr 3.6B | 2.90% | 2.9% | 7170.00 | 50.85 | $ 9.6B | Buy |
| XPO Inc | XPO | United States | $ 365.2M | kr 3.6B | 1.52% | 1.52% | 192.53 | 56.63 | $ 22.5B | Buy |
| Generac Holdings Inc | GNRC | United States | $ 345.4M | kr 3.4B | 2.00% | 2% | 190.81 | 43.86 | $ 11.3B | Buy |
| International Consolidated Airlines Group SA | IAG.L | United Kingdom | $ 344.9M | kr 3.4B | 1.23% | 1.23% | 425.30 | 7.73 | $ 18.6B | None |
| Herc Holdings Inc | HRI | United States | $ 319.5M | kr 3.2B | 6.67% | 6.67% | 146.74 | 85.81 | $ 4.9B | Buy |
| Copart Inc | CPRT | United States | $ 308.6M | kr 3.1B | 1.18% | 1.18% | 32.53 | 20.20 | $ 30.1B | Buy |
| Daimler Truck Holding AG | DTG.DE | Germany | $ 295.1M | kr 2.9B | 0.80% | 0.8% | 45.00 | 31.03 | $ 34.2B | Buy |
| Regal Rexnord Corp | RRX | United States | $ 293.0M | kr 2.9B | 1.85% | 1.85% | 164.89 | 34.00 | $ 11.0B | None |
| RB Global Inc | RBA.TO | Canada | $ 288.6M | kr 2.9B | 1.33% | 1.33% | 114.13 | 35.55 | $ 21.1B | Buy |
| Intertek Group PLC | ITRK.L | United Kingdom | $ 280.2M | kr 2.8B | 2.36% | 2.36% | 5850.00 | 28.54 | — | Buy |
| InterGlobe Aviation Ltd | INDIGO.NS | India | $ 271.8M | kr 2.7B | 1.24% | 1.24% | 5000.00 | — | $ 1.9T | Strong Buy |
| StandardAero Inc | SARO | United States | $ 267.2M | kr 2.6B | 2.69% | 2.69% | 24.70 | 25.46 | $ 8.2B | None |
| RBC Bearings Inc | RBC | United States | $ 267.1M | kr 2.6B | 1.31% | 1.31% | 489.00 | 48.37 | $ 15.5B | Buy |
| GEA Group AG | G1A.DE | Germany | $ 244.7M | kr 2.4B | 2.19% | 2.19% | 65.00 | 24.25 | — | Buy |
| IMI PLC | IMI.L | United Kingdom | $ 243.4M | kr 2.4B | 2.59% | 2.59% | 3094.00 | 22.75 | $ 7.3B | Buy |
| Bombardier Inc | BBD-B.TO | Canada | $ 240.6M | kr 2.4B | 1.04% | 0.58% | 303.63 | 23.16 | $ 30.0B | Buy |
| WESCO International Inc | WCC | United States | $ 233.8M | kr 2.3B | 1.39% | 1.39% | 364.39 | 25.22 | $ 17.8B | Strong Buy |
| Knight-Swift Transportation Holdings Inc | KNX | United States | $ 232.6M | kr 2.3B | 1.84% | 1.84% | 71.54 | 264.96 | $ 11.6B | Buy |
| Crane Co | CR | United States | $ 230.0M | kr 2.3B | 1.79% | 1.79% | 204.68 | 35.72 | $ 11.8B | Strong Buy |
| QXO Inc | QXO | United States | $ 219.7M | kr 2.2B | 1.75% | 1.75% | 13.28 | — | $ 13.8B | Strong Buy |
| Spirax Group PLC | SPX.L | United Kingdom | $ 210.3M | kr 2.1B | 3.14% | 3.14% | 7100.00 | 26.39 | $ 5.2B | Buy |
| Singapore Technologies Engineering Ltd | S63.SI | Singapore | $ 209.4M | kr 2.1B | 0.84% | 0.84% | 10.34 | 57.44 | $ 32.3B | Buy |
| Keppel Ltd | BN4.SI | Singapore | $ 208.2M | kr 2.1B | 1.37% | 1.37% | 11.88 | 27.00 | $ 21.4B | Buy |
| Advanced Drainage Systems Inc | WMS | United States | $ 206.8M | kr 2.0B | 1.72% | 1.72% | 134.63 | 22.97 | $ 10.2B | Strong Buy |
| Smiths Group PLC | SMIN.L | United Kingdom | $ 205.9M | kr 2.0B | 2.02% | 2.02% | 2597.00 | 35.09 | $ 7.4B | Buy |
| WSP Global Inc | WSP.TO | Canada | $ 198.5M | kr 2.0B | 1.19% | 1.19% | 183.44 | 26.17 | $ 24.7B | None |
| Applied Industrial Technologies Inc | AIT | United States | $ 196.0M | kr 1.9B | 1.57% | 1.57% | 324.37 | 29.65 | $ 11.9B | None |
| KEI Industries Ltd | KEI.NS | India | $ 195.6M | kr 1.9B | 3.57% | 3.57% | 4697.50 | 44.98 | $ 449.1B | Buy |
| Aramark | ARMK | United States | $ 195.4M | kr 1.9B | 1.31% | 1.31% | 57.98 | 40.54 | $ 15.3B | None |
| TopBuild Corp | United States | $ 193.2M | kr 1.9B | 1.94% | 1.94% | — | — | — | — | |
| Clean Harbors Inc | CLH | United States | $ 188.8M | kr 1.9B | 1.20% | 1.2% | 316.35 | 38.39 | $ 16.7B | None |
| Polycab India Ltd | POLYCAB.NS | India | $ 180.6M | kr 1.8B | 1.14% | 1.14% | 8373.50 | 44.07 | $ 1.3T | Buy |
| Saia Inc | SAIA | United States | $ 180.2M | kr 1.8B | 1.60% | 1.6% | 357.61 | 34.45 | $ 9.5B | Buy |
| Mueller Industries Inc | MLI | United States | $ 176.3M | kr 1.7B | 1.30% | 1.3% | 63.93 | 16.65 | $ 14.1B | None |
| CG Power & Industrial Solutions Ltd | CGPOWER.NS | India | $ 174.6M | kr 1.7B | 1.10% | 1.1% | 910.70 | 114.27 | $ 1.4T | Buy |
| Owens Corning | OC | United States | $ 173.3M | kr 1.7B | 1.35% | 1.35% | 133.10 | — | $ 10.5B | Buy |
| Finning International Inc | FTT.TO | Canada | $ 170.8M | kr 1.7B | 1.85% | 1.85% | 94.03 | 22.50 | $ 12.3B | None |
| SRF Ltd | SRF.NS | India | $ 170.1M | kr 1.7B | 1.98% | 1.98% | 2522.00 | 34.63 | $ 747.5B | Buy |
| Weir Group PLC/The | WEIR.L | United Kingdom | $ 165.1M | kr 1.6B | 1.99% | 1.99% | 2828.00 | 27.73 | $ 7.3B | Buy |
| HOCHTIEF AG | HOT.DE | Germany | $ 164.7M | kr 1.6B | 0.37% | 0.37% | 446.80 | 37.90 | $ 33.6B | Hold |
| Ryder System Inc | R | United States | $ 162.0M | kr 1.6B | 1.60% | 1.6% | 248.41 | 20.20 | $ 9.5B | None |
| Toromont Industries Ltd | TIH.TO | Canada | $ 157.9M | kr 1.6B | 1.18% | 1.18% | 201.22 | 31.99 | $ 16.4B | None |
| TFI International Inc | TFII.TO | Canada | $ 147.9M | kr 1.5B | 1.25% | 1.25% | 186.72 | 33.17 | $ 15.3B | None |
| Singapore Airlines Ltd | C6L.SI | Singapore | $ 142.7M | kr 1.4B | 0.76% | 0.76% | 6.73 | 22.43 | $ 21.2B | Hold |
| Timken Co/The | TKR | United States | $ 142.5M | kr 1.4B | 1.41% | 1.41% | 123.68 | 33.52 | $ 8.6B | Buy |
| Hindustan Aeronautics Ltd | HAL.NS | India | $ 138.8M | kr 1.4B | 0.45% | 0.45% | 5031.10 | 36.11 | $ 3.4T | Buy |
| Cummins India Ltd | CUMMINSIND.NS | India | $ 138.5M | kr 1.4B | 0.84% | 0.84% | 5040.00 | 58.94 | $ 1.4T | Buy |
| Oshkosh Corp | OSK | United States | $ 130.2M | kr 1.3B | 1.36% | 1.36% | 155.44 | 17.81 | $ 9.6B | Buy |
| OSRAM Licht AG | OSR.DE | Germany | $ 129.0M | kr 1.3B | 2.12% | 2.12% | — | — | — | — |
| ADT Inc | ADT | United States | $ 128.0M | kr 1.3B | 2.49% | 2.67% | 7.33 | 10.17 | $ 5.4B | Buy |
| Ashok Leyland Ltd | ASHOKLEY.NS | India | $ 127.0M | kr 1.3B | 1.30% | 1.3% | 169.00 | 28.55 | — | Buy |
| GFL Environmental Inc | GFL.TO | Canada | $ 121.9M | kr 1.2B | 0.92% | 0.71% | 59.17 | — | $ 21.4B | Buy |
| AECOM | ACM | United States | $ 119.2M | kr 1.2B | 1.33% | 1.33% | 65.65 | 23.12 | $ 8.4B | Strong Buy |
| Rational AG | RAA.DE | Germany | $ 116.6M | kr 1.2B | 1.40% | 1.4% | 608.50 | 25.99 | $ 6.9B | Buy |
| Balfour Beatty PLC | BBY.L | United Kingdom | $ 114.5M | kr 1.1B | 2.07% | 2.07% | 870.50 | 16.74 | $ 4.1B | None |
| EnerSys | ENS | United States | $ 114.2M | kr 1.1B | 1.34% | 1.34% | 182.12 | 19.52 | $ 6.6B | None |
| AtkinsRealis Group Inc | ATRL.TO | Canada | $ 113.7M | kr 1.1B | 1.13% | 1.13% | 86.85 | 30.05 | $ 13.9B | None |
| RENK Group AG | R3NK.F | Germany | $ 104.2M | kr 1.0B | 2.16% | 2.16% | 44.17 | 44.62 | $ 4.4B | Strong Buy |
| Hill & Smith PLC | HILS.L | United Kingdom | $ 98.4M | kr 974.0M | 3.44% | 3.44% | 2890.00 | 32.11 | $ 2.3B | None |
| Fortune Brands Innovations Inc | FBIN | United States | $ 96.5M | kr 954.8M | 1.47% | 1.47% | 42.54 | 34.31 | $ 5.1B | Buy |
| Gates Industrial Corp PLC | GTES | United States | $ 95.1M | kr 941.2M | 1.34% | 1.34% | 25.79 | 18.29 | $ 6.5B | Buy |
| Element Fleet Management Corp | EFN.TO | Canada | $ 91.3M | kr 903.0M | 1.12% | 1.12% | 25.90 | 25.15 | $ 10.3B | Buy |
| RR Kabel Ltd | RRKABEL.NS | India | $ 90.9M | kr 900.0M | 3.18% | 3.18% | 2448.50 | 45.59 | $ 276.9B | Buy |
| Stantec Inc | STN.TO | Canada | $ 89.5M | kr 886.1M | 1.15% | 1.15% | 100.10 | 22.60 | $ 11.3B | None |
| Commercial Metals Co | CMC | United States | $ 88.1M | kr 871.8M | 1.27% | 1.27% | 71.14 | 13.45 | — | None |
| Thomson Reuters Corp | TRI.TO | Canada | $ 87.8M | kr 868.9M | 0.25% | 0.25% | 136.78 | 26.05 | $ 59.3B | Buy |
| Havells India Ltd | HAVELLS.NS | India | $ 86.3M | kr 854.2M | 1.12% | 1.12% | 1140.00 | 43.90 | $ 715.4B | Buy |
| Casella Waste Systems Inc | CWST | United States | $ 78.2M | kr 773.4M | 1.27% | 1.11% | 91.92 | 1148.94 | $ 5.8B | Buy |
| Apar Industries Ltd | APARINDS.NS | India | $ 76.1M | kr 752.6M | 1.14% | 1.14% | 17635.00 | 59.93 | $ 738.4B | None |
| Container Corp Of India Ltd | CONCOR.NS | India | $ 74.4M | kr 736.5M | 1.95% | 1.95% | 502.00 | 30.74 | $ 382.3B | Buy |
| MDA Space Ltd | MDA.TO | Canada | $ 72.3M | kr 715.5M | 1.26% | 1.26% | 41.58 | 52.63 | $ 6.7B | None |
| ABB India Ltd | ABB.NS | India | $ 69.8M | kr 690.3M | 0.44% | 0.44% | 7387.00 | 99.37 | $ 1.6T | Hold |
| RS GROUP PLC | RS1.L | United Kingdom | $ 69.4M | kr 686.5M | 1.90% | 1.9% | 745.50 | 21.93 | $ 3.4B | Buy |
| Bilfinger SE | GBF.DE | Germany | $ 67.6M | kr 668.8M | 1.96% | 1.96% | 81.55 | 16.21 | $ 3.0B | Strong Buy |
| Rotork PLC | ROR.L | United Kingdom | $ 64.1M | kr 634.1M | 2.00% | 2% | 484.00 | 32.27 | $ 3.9B | Hold |
| GE Vernova T&D India Ltd | GEVERNOVA.NS | India | $ 63.5M | kr 628.3M | 0.47% | 0.47% | — | — | — | — |
| Suzlon Energy Ltd | SUZLON.NS | India | $ 62.7M | kr 620.1M | 0.73% | 0.73% | 45.50 | 19.87 | $ 625.4B | Strong Buy |
| KBR Inc | KBR | United States | $ 59.3M | kr 586.5M | 1.35% | 1.35% | 36.38 | 10.96 | $ 4.6B | None |
| Bharat Forge Ltd | BHARATFORG.NS | India | $ 58.8M | kr 581.9M | 0.54% | 0.54% | 2003.70 | 134.84 | $ 957.9B | Hold |
| Seatrium Ltd | S51.SI | Singapore | $ 57.5M | kr 568.8M | 1.12% | 1.12% | — | — | — | — |
| Serco Group PLC | SRP.L | United Kingdom | $ 56.8M | kr 561.7M | 1.99% | 1.99% | 252.20 | 16.81 | $ 2.4B | Buy |
| SATS Ltd | S58.SI | Singapore | $ 53.6M | kr 530.6M | 1.04% | 1.04% | 4.06 | 21.37 | $ 6.0B | Strong Buy |
| easyJet PLC | EZJ.L | United Kingdom | $ 52.6M | kr 520.8M | 0.94% | 0.94% | 670.60 | 12.42 | $ 5.0B | None |
| Bodycote PLC | BOY.L | United Kingdom | $ 49.4M | kr 488.4M | 3.28% | 3.28% | 946.00 | 27.82 | $ 1.6B | Buy |
| Hitachi Energy India Ltd | POWERINDIA.NS | India | $ 45.1M | kr 446.8M | 0.27% | 0.27% | 31135.00 | 120.97 | $ 1.4T | Buy |
| Volution Group PLC | FAN.L | United Kingdom | $ 44.7M | kr 442.4M | 2.78% | 2.78% | 658.00 | 25.31 | $ 1.3B | Strong Buy |
| Secure Waste Infrastructure Corp | SES.TO | Canada | $ 44.3M | kr 438.4M | 1.30% | 1.3% | 24.62 | 41.73 | $ 5.4B | Hold |
| Exchange Income Corp | EIF.TO | Canada | $ 39.8M | kr 393.6M | 0.76% | 0.76% | 120.94 | 32.78 | $ 6.8B | Strong Buy |
| ComfortDelGro Corp Ltd | C52.SI | Singapore | $ 37.9M | kr 374.9M | 1.69% | 1.69% | 1.28 | 12.80 | $ 2.8B | Buy |
| Indegene Ltd | INDEGENE.NS | India | $ 34.4M | kr 340.5M | 2.57% | 2.57% | — | — | — | — |
| Tube Investments of India Ltd | TIINDIA.NS | India | $ 33.3M | kr 329.5M | 0.54% | 0.54% | 2638.70 | 84.06 | $ 510.8B | None |
| Siemens Ltd | SIEMENS.NS | India | $ 33.1M | kr 327.6M | 0.24% | 0.24% | 3951.30 | 83.15 | $ 1.4T | Hold |
| GMR Airports Ltd | GMRAIRPORT.NS | India | $ 32.0M | kr 316.7M | 0.26% | 0.26% | 97.00 | 242.50 | $ 1.0T | Strong Buy |
| ATS Corp | ATS.TO | Canada | $ 31.2M | kr 309.1M | 1.10% | 1.1% | 26.82 | 55.88 | $ 2.6B | Buy |
| Great Eastern Shipping Co Ltd/The | GESHIP.NS | India | $ 30.7M | kr 303.3M | 1.37% | 1.37% | 1383.80 | 5.28 | $ 197.0B | None |
| Gujarat Pipavav Port Ltd | GPPL.NS | India | $ 27.1M | kr 268.6M | 3.52% | 3.52% | 160.58 | 13.89 | $ 77.7B | Buy |
| Delhivery Ltd | DELHIVERY.NS | India | $ 26.8M | kr 265.0M | 0.72% | 0.72% | 454.90 | 369.84 | $ 340.7B | Strong Buy |
| OHB SE | OHB.DE | Germany | $ 22.8M | kr 225.3M | 0.34% | 0.34% | 185.20 | 82.31 | $ 3.8B | Strong Buy |
| Blue Star Ltd | BLUESTARCO.NS | India | $ 22.3M | kr 221.1M | 0.63% | 0.63% | 1460.90 | 58.84 | $ 300.4B | Hold |
| Supreme Industries Ltd | SUPREMEIND.NS | India | $ 20.4M | kr 201.8M | 0.48% | 0.48% | 3553.00 | 43.70 | $ 451.5B | Buy |
| CMS Info Systems Ltd | CMSINFO.NS | India | $ 20.2M | kr 200.3M | 4.27% | 4.27% | 236.58 | 13.32 | $ 37.9B | None |
| Kirloskar Oil Engines Ltd | KIRLOSENG.NS | India | $ 19.2M | kr 190.0M | 0.53% | 0.53% | 2272.80 | 60.75 | $ 330.7B | None |
| MTAR Technologies Ltd | MTAR.NS | India | $ 18.6M | kr 183.9M | 0.75% | 0.75% | — | — | — | — |
| Ahluwalia Contracts India Ltd | AHLUCONT.NS | India | $ 18.1M | kr 178.9M | 2.99% | 2.99% | 607.15 | 18.06 | $ 40.7B | None |
| Mazagon Dock Shipbuilders Ltd | MAZDOCK.NS | India | $ 17.0M | kr 168.6M | 0.16% | 0.16% | 2466.40 | 37.08 | $ 994.9B | Hold |
| Hutchison Port Holdings Trust | NS8U.SI | Singapore | $ 16.4M | kr 162.6M | 1.10% | 1.1% | 0.20 | 20.50 | $ 1.8B | Buy |
| Thermax Ltd | THERMAX.NS | India | $ 15.8M | kr 156.1M | 0.24% | 0.24% | 3629.60 | 69.11 | $ 408.9B | Hold |
| AIA Engineering Ltd | AIAENG.NS | India | $ 14.9M | kr 147.3M | 0.30% | 0.3% | 4259.00 | 31.41 | — | Buy |
| PVA TePla AG | TPE.F | Germany | $ 14.2M | kr 140.3M | 1.26% | 1.26% | 32.08 | — | $ 655.2M | None |
| KEC International Ltd | KEC.NS | India | $ 13.3M | kr 131.4M | 0.91% | 0.91% | 405.70 | 19.50 | $ 108.0B | Buy |
| Astral Ltd | ASTRAL.NS | India | $ 13.2M | kr 130.9M | 0.35% | 0.35% | 1500.80 | 70.07 | $ 403.2B | Buy |
| Chennai Super Kings Cricket Ltd | CHENNAISUPR.NS | India | $ 12.6M | kr 124.4M | 1.23% | 1.23% | — | — | — | — |
| Timken India Ltd | TIMKEN.NS | India | $ 11.8M | kr 117.0M | 0.43% | 0.43% | 3098.90 | 54.64 | $ 233.1B | None |
| Jyoti CNC Automation Ltd | JYOTICNC.NS | India | $ 11.2M | kr 111.0M | 0.60% | 0.6% | 1037.20 | 73.09 | $ 235.9B | Strong Buy |
| SIA Engineering Co Ltd | S59.SI | Singapore | $ 11.2M | kr 110.5M | 0.37% | 0.37% | 3.13 | 20.87 | $ 3.5B | None |
| Carborundum Universal Ltd | CARBORUNIV.NS | India | $ 10.8M | kr 107.3M | 0.46% | 0.46% | 1095.90 | 99.27 | $ 208.8B | Underperform |
| Data Patterns India Ltd | DATAPATTNS.NS | India | $ 10.8M | kr 107.2M | 0.41% | 0.41% | 4932.30 | 103.32 | $ 276.1B | None |
| SKF India Industrial Ltd | SKFINDUS.NS | India | $ 10.4M | kr 103.3M | 0.69% | 0.69% | 2953.80 | 70.46 | $ 146.0B | None |
| Honeywell Automation India Ltd | HONAUT.BO | India | $ 10.2M | kr 100.9M | 0.27% | 0.27% | 35072.10 | 56.35 | $ 310.1B | None |
| Amara Raja Energy & Mobility Ltd | AMARAJABAT.NS | India | $ 9.9M | kr 98.4M | 0.61% | 0.61% | — | — | — | — |
| Elgi Equipments Ltd | ELGIEQUIP.NS | India | $ 9.8M | kr 96.6M | 0.49% | 0.49% | 638.20 | 44.94 | $ 201.2B | None |
| Shadowfax Technologies Ltd | India | $ 9.6M | kr 95.3M | 0.69% | 0.69% | — | — | — | — | |
| Finolex Cables Ltd | FINCABLES.NS | India | $ 9.6M | kr 95.3M | 0.51% | 0.51% | 1302.30 | 24.91 | $ 199.2B | Strong Buy |
| Titagarh Rail System Ltd | TITAGARH.NS | India | $ 9.6M | kr 95.2M | 0.77% | 0.77% | 880.80 | 60.66 | $ 105.6B | None |
| Engineers India Ltd | ENGINERSIN.NS | India | $ 9.2M | kr 91.3M | 0.65% | 0.65% | 279.20 | 20.00 | $ 156.9B | Strong Buy |
| PTC Industries Ltd | PTCIL.NS | India | $ 8.7M | kr 85.8M | 0.32% | 0.32% | 23730.00 | 285.42 | $ 355.8B | None |
| Voltamp Transformers Ltd | VOLTAMP.NS | India | $ 8.6M | kr 85.6M | 0.78% | 0.78% | 11365.00 | 36.29 | $ 115.0B | Buy |
| VA Tech Wabag Ltd | WABAG.NS | India | $ 8.5M | kr 84.1M | 0.64% | 0.64% | 2008.40 | 34.97 | $ 125.5B | Strong Buy |
| Azad Engineering Ltd | AZAD.NS | India | $ 7.9M | kr 77.8M | 0.56% | 0.56% | 2822.10 | 131.20 | $ 182.3B | None |
| Elecon Engineering Co Ltd | ELECON.NS | India | $ 7.8M | kr 77.4M | 0.62% | 0.62% | 421.15 | 39.96 | $ 94.5B | None |
| Inox Wind Ltd | INOXWIND.NS | India | $ 7.7M | kr 76.2M | 0.47% | 0.47% | 75.71 | 36.93 | $ 130.8B | None |
| Hindustan Construction Co Ltd | HCC.NS | India | $ 7.4M | kr 72.8M | 1.04% | 1.04% | 23.86 | 34.58 | $ 62.5B | None |
| X-Energy Inc | XE | United States | $ 7.3M | kr 72.7M | 0.10% | 0.1% | 18.73 | — | $ 5.4B | None |
| Kirloskar Pneumatic Co Ltd | KIRLPNU.NS | India | $ 7.1M | kr 70.5M | 0.53% | 0.53% | 745.00 | 36.84 | $ 96.8B | None |
| Cyient Ltd | CYIENT.NS | India | $ 7.0M | kr 69.2M | 0.68% | 0.68% | 1086.30 | 31.90 | $ 113.1B | Buy |
| Singapore Post Ltd | S08.SI | Singapore | $ 6.6M | kr 65.6M | 1.12% | 1.12% | 0.34 | 17.00 | — | Strong Buy |
| Grindwell Norton Ltd | GRINDWELL.NS | India | $ 6.3M | kr 62.7M | 0.25% | 0.25% | 1922.80 | 48.76 | $ 212.9B | None |