Alice Blue Home
URL copied to clipboard
Best Metal Stocks in India English

1 min read

Best Metal Stocks in India – Metal Stocks

The table below shows the Best Metal Stocks in India based on the Highest Market Capitalization and 1-year return.

NameMarket Cap (Cr)Close Price (₹)1-Year Return (%)
Vedanta Ltd1,73,016.96442.9575.84
Hindalco Industries Ltd1,51,484.13677.3533.6
National Aluminium Co Ltd34,504.80187.8737.99
NLC India Ltd31,351.85226.111.85
Gravita India Ltd11,679.931604.2116.52
Mishra Dhatu Nigam Ltd5,059.30270.06-23.71
Ashapura Minechem Ltd2,964.17310.3-3.47
Rhetan TMT Ltd1,221.6115.3381.42
Owais Metal and Mineral Processing Ltd969.03532.95118.87
MMP Industries Ltd563.48221.82-5.16

Table of Contents

Introduction to Metal Stocks List

Vedanta Ltd

The Market Cap of Vedanta Ltd is ₹1,73,016.96 crore. The stock’s 1-month return is 5.21%, while its 1-year return is 75.84%. It is currently 18.96% away from its 52-week high.

Vedanta Ltd is a diversified natural resources company with interests in oil, gas, zinc, lead, silver, copper, iron ore, aluminum, and power generation. The company operates in India and abroad, with a strong presence in multiple resource industries. Vedanta focuses on sustainable growth and technological advancements to enhance production.

The company plays a key role in India’s metal and mining sector, contributing to infrastructure and industrial development. It has expanded its portfolio through strategic acquisitions and investment in new technologies. With a commitment to efficiency, Vedanta aims to balance economic growth with environmental responsibility.

Hindalco Industries Ltd

The Market Cap of Hindalco Industries Ltd is ₹1,51,484.13 crore. The stock’s 1-month return is 15.59%, while its 1-year return is 33.60%. It is currently 14.07% away from its 52-week high.

Hindalco Industries Ltd is a global aluminum and copper manufacturing company. It operates in the metals sector, producing aluminum products for industrial and consumer applications. Hindalco is part of the Aditya Birla Group and has a strong international presence through its subsidiary, Novelis, which specializes in aluminum rolling and recycling.

The company supplies materials to sectors like automotive, construction, and packaging. Hindalco invests in sustainability by promoting energy efficiency and recycling. Its focus on research and development helps improve product quality and production efficiency.

National Aluminium Co Ltd

The Market Cap of National Aluminium Co Ltd is ₹34,504.80 crore. The stock’s 1-month return is 0.81%, while its 1-year return is 37.99%. It is currently 39.99% away from its 52-week high.

National Aluminium Company Ltd (NALCO) is a government-owned enterprise engaged in aluminum production. It operates in bauxite mining, alumina refining, aluminum smelting, and power generation. NALCO is a key player in India’s aluminum industry, contributing to domestic and international markets.

The company emphasizes energy-efficient processes and environmental sustainability. It exports aluminum and alumina globally while maintaining a strong domestic supply chain. NALCO’s ongoing projects focus on increasing production capacity and exploring new markets.

NLC India Ltd

The Market Cap of NLC India Ltd is ₹31,351.85 crore. The stock’s 1-month return is 12.89%, while its 1-year return is 11.85%. It is currently 37.90% away from its 52-week high.

NLC India Ltd is a government-owned mining and power generation company. It primarily focuses on lignite mining and thermal power generation, supporting India’s energy needs. The company also invests in renewable energy sources, such as solar and wind power, to diversify its energy portfolio.

With a focus on efficiency, NLC India Ltd has expanded its operational capacity through new projects and partnerships. Its long-term strategy involves increasing output and integrating sustainable practices into its operations.

Gravita India Ltd

The Market Cap of Gravita India Ltd is ₹11,679.93 crore. The stock’s 1-month return is -11.98%, while its 1-year return is 116.52%. It is currently 68.31% away from its 52-week high.

Gravita India Ltd specializes in lead recycling and manufacturing lead-based products. It operates globally, providing raw materials for industries like automotive batteries, power storage, and construction. The company processes used lead-acid batteries and recycles other non-ferrous metals.

Gravita focuses on improving recycling techniques and reducing waste. It has expanded operations by setting up new recycling units and strengthening its supply chain. The company’s sustainability initiatives help in managing resources efficiently.

Mishra Dhatu Nigam Ltd

The Market Cap of Mishra Dhatu Nigam Ltd is ₹5,059.30 crore. The stock’s 1-month return is -4.41%, while its 1-year return is -23.71%. It is currently 100.33% away from its 52-week high.

Mishra Dhatu Nigam Ltd (MIDHANI) manufactures special metals and alloys for defense, aerospace, and industrial applications. It produces high-strength materials used in critical sectors like nuclear power and space exploration. The company supplies advanced alloys to government and private industries.

MIDHANI works on research and innovation to develop new materials with enhanced durability. It collaborates with defense and space organizations to meet specific material requirements.

Ashapura Minechem Ltd

The Market Cap of Ashapura Minechem Ltd is ₹2,964.17 crore. The stock’s 1-month return is -32.77%, while its 1-year return is -3.47%. It is currently 84.19% away from its 52-week high.

Ashapura Minechem Ltd is involved in mining and processing minerals such as bentonite, bauxite, and kaolin. The company exports minerals to various industries, including oil drilling, ceramics, and construction. Its products are used globally for multiple applications.

Ashapura focuses on sustainable mining practices and value-added processing to enhance product quality. The company continues to expand its reach by exploring new international markets and improving its operational efficiency.

Rhetan TMT Ltd

The Market Cap of Rhetan TMT Ltd is ₹1,221.61 crore. The stock’s 1-month return is -18.07%, while its 1-year return is 81.42%. It is currently 60.53% away from its 52-week high.

Rhetan TMT Ltd manufactures and supplies steel products, particularly Thermo-Mechanically Treated (TMT) bars used in construction. The company caters to infrastructure projects and real estate developers, ensuring a steady demand for its products.

By improving manufacturing techniques, Rhetan TMT enhances the durability and quality of its steel bars. It continues to expand its production capacity to meet growing demand in the construction sector.

Owais Metal and Mineral Processing Ltd

The Market Cap of Owais Metal and Mineral Processing Ltd is ₹969.03 crore. The stock’s 1-month return is -30.68%, while its 1-year return is 118.87%. It is currently 194.40% away from its 52-week high.

Owais Metal and Mineral Processing Ltd processes and trades various metals and minerals. The company supplies materials used in manufacturing and construction. Its focus is on refining processes to enhance the quality of its products.

Owais Metal continues to expand its supply chain and improve operational efficiency. It works on increasing production while ensuring cost-effectiveness in its operations.

MMP Industries Ltd

The Market Cap of MMP Industries Ltd is ₹563.48 crore. The stock’s 1-month return is -23.34%, while its 1-year return is -5.16%. It is currently 106.43% away from its 52-week high.

MMP Industries Ltd specializes in aluminum products and related manufacturing. It serves multiple industries, including automotive, explosives, and consumer goods. The company produces powders, pastes, and foils used in various applications.

MMP focuses on technological upgrades to enhance production efficiency. It continues to explore new markets while strengthening its product offerings.

What Are Metal Stocks in India?

Metal stocks in India refer to shares of companies engaged in the extraction, production and processing of metals and minerals. These companies are involved in industries such as steel, aluminium, copper and zinc, which are crucial for various manufacturing and infrastructure projects. Investing in metal stocks provides exposure to the performance of the metal industry, which can be influenced by global demand, commodity prices and economic conditions.

The value of metal stocks is often tied to the fluctuations in metal prices and the overall health of the economy. Changes in industrial activity, construction and technological advancements can impact metal demand, affecting stock performance. Investors often monitor these factors to gauge the potential profitability and growth of metal companies in their portfolios.

Features Of Metal Stocks In India

The main features of metal stocks in India include high volatility due to global price fluctuations, sensitivity to economic cycles, dependence on domestic and international demand and significant influence of government policies and regulations.

  • High Volatility: Metal stocks are highly volatile, influenced by fluctuations in global metal prices and currency exchange rates, which can cause substantial price swings in these stocks.
  • Economic Sensitivity: These stocks are sensitive to economic cycles, with performance often correlating with industrial growth, infrastructure spending and overall economic conditions.
  • Demand Dependence: The performance of metal stocks is closely tied to domestic and international demand for metals, impacted by industrial production, construction activities and global economic conditions.
  • Government Influence: Government policies and regulations, including import duties, environmental regulations and trade policies, significantly affect the metal sector, influencing stock performance and industry profitability.

Top Metal Stocks In India Based on 6-Month Return

The table below shows the Top Metal Stocks in India Based on 6 Month Return.

NameClose Price (₹)6-Month Return (%)
Mardia Samyoung Capillary Tubes Company Ltd8.76134.22
Palco Metals Ltd211.856.48
GSM Foils Ltd11849.75
Jainam Ferro Alloys (I) Ltd22145.87
Riddhi Steel and Tube Ltd119.838.1
Bothra Metals and Alloys Ltd13.4523.62
Madhav Copper Ltd43.2418.5
Manaksia Coated Metals & Industries Ltd75.2715.53
Baheti Recycling Industries Ltd429.3515.01
Synthiko Foils Ltd118.7512.03

Best Metal Stocks in India Based on 5-Year Net Profit Margin

The table below shows the Best Metal Stocks in India Based on  5-year net Profit Margin.

NameClose Price (₹)5-Year Avg Net Profit Margin (%)
Hind Aluminium Industries Ltd66.5928.81
Mishra Dhatu Nigam Ltd270.0617.28
Ashapura Minechem Ltd310.315.17
National Aluminium Co Ltd187.8712.1
NLC India Ltd226.110.1
Manaksia Ltd61.869.27
Creative Castings Ltd5758.93
MMP Industries Ltd221.826.16
Krishanveer Forge Ltd81.896.01
Vedanta Ltd442.955.7

List Of Metal Stocks India Based on 1M Return

The table below shows the List of Best Metal Stocks in India Based on a 1-Month Return.

NameClose Price (₹)1-Month Return (%)
Nitin Castings Ltd64718.73
Hindalco Industries Ltd677.3515.59
NLC India Ltd226.112.89
Synthiko Foils Ltd118.7511.61
Jainam Ferro Alloys (I) Ltd2219.41
Vedanta Ltd442.955.21
Mardia Samyoung Capillary Tubes Company Ltd8.764.91
Sudal Industries Ltd40.134.5
Hind Aluminium Industries Ltd66.593.06
Arfin India Ltd302.15

High Dividend Yield Best Metal Stocks

The table below shows the High Dividend Yield Metal Stocks based on High Dividend Yield.

NameClose Price (₹)Dividend Yield (%)
Vedanta Ltd442.956.34
Goa Carbon Ltd421.154.75
Poojawestern Metaliks Ltd28.93.49
National Aluminium Co Ltd187.872.66
NLC India Ltd226.11.33
Orient Ceratech Ltd31.810.79
MMP Industries Ltd221.820.68
Mishra Dhatu Nigam Ltd270.060.52
Hindalco Industries Ltd677.350.52
Nitin Castings Ltd6470.48

Historical Performance of Metal Stocks In India

The table below shows the Historical Performance of Metal Stocks in India based on the Highest Market Capitalization and 5-year return.

NameMarket Cap (Cr)Close Price (₹)5-Year CAGR (%)
Gravita India Ltd11,679.931604.2104.19
Manaksia Coated Metals & Industries Ltd559.0275.2794.56
Riddhi Steel and Tube Ltd99.32119.878.56
Palco Metals Ltd82.62211.862.75
Ashapura Minechem Ltd2,964.17310.359.4
Century Extrusions Ltd160.6420.0857.83
Nitin Castings Ltd320.4664755.57
Permanent Magnets Ltd555.07645.5555.22
Arfin India Ltd495.23050.39
Maan Aluminium Ltd464.5985.950.23

Factors To Consider When Investing In Metal Stocks In India

The main factors to consider when investing in metal stocks in India include global metal prices, domestic demand and supply dynamics, company fundamentals and government policies and regulations affecting the industry.

  • Global Metal Prices: Track global metal prices as they directly impact the profitability of metal companies and can lead to price volatility in metal stocks.
  • Domestic Demand and Supply: Analyze domestic demand and supply conditions for metals, including factors such as infrastructure projects and industrial growth, which affect stock performance.
  • Company Fundamentals: Evaluate the financial health, production efficiency and management quality of the metal companies to ensure they are well-positioned to capitalize on market opportunities.
  • Government Policies and Regulations: Consider the impact of government policies, including tariffs, environmental regulations and trade agreements, which can influence operational costs and overall profitability in the metal sector.

How To Invest In Metals Stocks?

To invest in metal stocks, start by researching companies in the sector and analyzing their financial health, market position and growth prospects. Choose companies with strong fundamentals and a solid track record in the metal industry.

Open a brokerage account with Alice Blue to purchase stocks, and consider diversifying your investment across different metal sectors and companies. Stay informed about global metal price trends and economic factors affecting the sector to make informed investment decisions and manage risks effectively.

Impact of Government Policies on Metal Stocks

Government policies significantly impact metal stocks through regulations, tariffs and environmental laws. Policies that impose tariffs or subsidies can affect the profitability of metal companies by altering competitive dynamics and production costs. Additionally, environmental regulations can increase operational expenses and compliance costs.

On the flip side, favourable policies, such as infrastructure development incentives or tax benefits, can boost demand for metals, benefiting companies in the sector. Investors should monitor policy changes closely, as they can influence metal prices and company performance, impacting stock values.

How Metal Stocks Perform in Economic Downturns?

During economic downturns, metal stocks often face decreased demand due to reduced industrial and construction activities. Lower demand leads to falling metal prices, impacting company revenues and stock performance negatively. This can result in lower profitability and stock value.

Additionally, economic slowdowns can heighten investor uncertainty, leading to increased volatility in metal stocks. Companies may struggle with reduced margins and operational challenges, further affecting stock performance. Investors should be cautious of these factors when considering metal stocks during economic downturns.

Advantages Of Investing In Metal Sector Stocks?

The main advantages of investing in metal sector stocks include the potential for high returns, diversification benefits, hedging against inflation and exposure to economic growth trends.

  • Potential for High Returns: Metal stocks can offer substantial returns, especially during periods of high metal prices and strong economic growth, benefiting from price appreciation.
  • Diversification Benefits: Investing in metal stocks provides diversification, reducing portfolio risk by including assets that perform differently from traditional sectors like technology or finance.
  • Hedging Against Inflation: Metals often act as a hedge against inflation, as their value typically rises when inflation increases, protecting the purchasing power of investments.
  • Exposure to Economic Growth Trends: Metal stocks are linked to infrastructure and industrial growth, allowing investors to benefit from broader economic expansion and increased demand for metals.

Risks Of Investing In Metal Stocks In India?

The main risks of investing in metal sector stocks include price volatility, exposure to economic downturns, regulatory challenges, and environmental concerns.

  • Price Volatility: Metal prices can be highly volatile due to fluctuations in global demand, supply disruptions, and currency exchange rates, leading to unpredictable stock performance.
  • Exposure to Economic Downturns: The metal sector is sensitive to economic cycles; during downturns, reduced industrial activity and construction can lower demand for metals and negatively impact stock values.
  • Regulatory Challenges: Changes in government policies and regulations, such as tariffs or environmental restrictions, can increase operational costs and affect profitability in the metal sector.
  • Environmental Concerns: Mining and metal production can have significant environmental impacts, leading to potential legal liabilities and increased costs related to compliance and remediation efforts.

Metal Sector Stocks GDP Contribution

Metal sector stocks significantly contribute to GDP by supporting industrial and infrastructure development. Metals are crucial for construction, manufacturing and transportation, driving economic growth through these sectors. This contribution is vital for both developed and developing economies.

Additionally, the metal sector impacts GDP through exports and job creation. High-value metal exports generate foreign exchange and support national revenue, while the sector provides employment opportunities, further boosting economic activity and overall GDP growth.

Who Should Invest in Metal Stocks In India?

Investors who have a high risk tolerance and are looking for growth opportunities should consider investing in metal stocks. These stocks can be volatile, but they offer significant potential for returns, especially during periods of rising metal prices and economic expansion.

Additionally, investors seeking to diversify their portfolios with exposure to industrial and commodity sectors should look at metal stocks. These investments can provide a hedge against inflation and economic downturns, balancing more stable assets in a diversified investment strategy.

Alice Blue Image

Top Metal Stocks In India – FAQs

1. What Are The Top Metal Stocks?

Top Metal Stocks #1: Vedanta Ltd
Top Metal Stocks #2: Hindalco Industries Ltd
Top Metal Stocks #3: National Aluminium Co Ltd
Top Metal Stocks #4: NLC India Ltd
Top Metal Stocks #5: Gravita India Ltd

The Top Metal Stocks based on market capitalization.

2. What Are the Best Metal Stocks?

The best Metal stocks based on 1-year returns include Mardia Samyoung Capillary Tubes Company Ltd, GSM Foils Ltd, Riddhi Steel and Tube Ltd, Baheti Recycling Industries Ltd, and Palco Metals Ltd. These stocks have demonstrated significant growth, reflecting robust performance and investor confidence in the banking sector.

3. Is It Safe To Invest In Metal Stocks?

Investing in metal stocks carries risks due to price volatility and economic fluctuations. While they offer growth potential and diversification benefits, their performance can be unpredictable. Assessing market conditions, company fundamentals and risk tolerance is crucial before investing.

4. How To Invest In Metal Stocks in India?

To invest in metal stocks in India, research companies in the sector, analyze their financial health and market trends and select stocks through a brokerage account with Alice Blue. Consider diversifying your investment and staying informed about global metal price movements and regulatory changes.

Here are some of the Best Stock Research Articles listed based on Top Sectors (Industries), Market Cap, and Fundamental Analysis Factors:

Shares Below 5Mining Stocks IndiaBSE 100Debt Free Agro Products StocksMid cap stocks in BSE
Shares Below 50PSU Banks StocksSensex CompaniesDebt Free IT Services StocksLarge cap stocks in BSE
Shares Below 1Electronic stocksHigh-beta StocksInternational Mutual FundsLarge Cap Pharma Stocks
Electrical Equipment Stocks Below 500Best Ethanol Stocks In IndiaMonopoly StocksLowest Expense Ratio Mutual FundsLarge Cap IT Services Stocks
Advertising stocks under 500Small Finance Bank StockLower Circuit Stocks10 SBI Mutual FundLarge Cap Stocks
FMCG Stocks below 100Movie StocksUpper Circuit StocksMonthly Income Mutual Funds IndiaLarge Cap Stocks List In Nse
FMCG Stocks Below 500Green Hydrogen Stocks in IndiaConstruction & Engineering Stocks With High Dividend YieldTop 10 Low Risk Mutual Funds for long termList Of Kalyani Stocks
Long term penny stocksBest AI StocksConsumer Finance Stocks With High Dividend YieldTop Mutual Funds for SIP 10 yearsList of Kirloskar Stocks
High Volume Penny StocksBest Silver StocksPharma Stocks With High Dividend YieldBest Medium Duration FundsMahindra & Mahindra Group Stocks
Agriculture Penny Stocks In IndiaNBFC StocksTires & Rubber Stocks With High Dividend YieldSmall Cap CompaniesPiramal Ajay Group Stocks
Best NBFC Penny Stocks In IndiaNifty 50 CompaniesJewellery Stocks With High Dividend YieldSmall Cap Stocks Under 50 RsChidambaram Group Stocks
Highest dividend Paying Penny StocksNifty CPSE StocksDebt Free
Companies
Small Cap Stocks 100IDFC Group Stocks
Penny Pharma stocksNifty Total Market IndexBest Debt Free Stocks under Rs 1000Small Cap Stocks Under 500 RsHarsha Hitesh Javeri Portfolio
REIT Stocks ListLow PE stocks in Nifty 100Debt Free Stocks Under 5Small Cap Green Energy StocksDipak Kanayalal Shah Portfolio
Stationery stocksLow PE stocks in Nifty 50Debt Free Stocks Under 20Mid Cap Pharma StocksDheeraj Kumar Lohia Portfolio
Travel StocksNifty Private BankDebt Free Stocks Under 200 RsMid Cap Textiles StocksHitesh Ramji Javeri Portfolio
Vehicle StocksBSE Bharat 22 IndexDebt Free Stocks Below 100Mid Cap Construction StocksHitesh Satishchandra Doshi Portfolio
Multibagger Stocks For Next 10 Years In IndiaBse Sensex Next 50Debt Free Electrical Equipments StocksMid Cap Auto Parts StocksLincoln P Coelho Portfolio

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

All Topics
Related Posts