The present study tries to explore the dependence of Stock Returns in India on Company attributes using panel data analysis. This research considers top 50 stocks from Nifty 50 listed on National Stock Exchange (NSE) which constitutes about 90% of the total market capitalization as at March 31st 2021.The study adopts the purposive sampling technique; sample size is 30. The period of sample is being 10 years i.e., from 2012 to 2021. Three hypotheses are built viz., (a) Market capitalisation (b) Price-earnings ratio (c) dividend yield and even a combined hypotheses is also constructed; Both descriptive statistical tools and Inferential statistical tools are employed. Jarque-Bera statistic is used to describe the normality of the residuals and Correlation matrix is used to describe the degree of relationship linking the regressor (attributes) with the dependent variable (stock returns). Panel data regression analysis is also done as a part of analysis of data and interpretation. Econometrics model is built to measure the effects of company attributes on stock returns in India and finally results are incorporated.