The below table shows the best metal stocks in India based on the highest market capitalization.
| Sl No. | Stock Name | Market Cap (₹ Cr) | Closing Price (₹) |
| 1 | JSW Steel Ltd | 1,85,892.65 | 773.15 |
| 2 | Tata Steel Ltd | 1,39,631.06 | 114.25 |
| 3 | Vedanta Ltd | 1,04,953.43 | 282.65 |
| 4 | Hindalco Industries Ltd | 95,997.96 | 428.95 |
| 5 | Jindal Steel And Power Ltd | 59,713.72 | 594.15 |
| 6 | Bharat Forge Ltd | 38,066.53 | 817.60 |
| 7 | Steel Authority of India Ltd | 35,522.52 | 86.00 |
| 8 | Jindal Stainless Ltd | 27,502.72 | 334.00 |
| 9 | Lloyds Metals And Energy Ltd | 19,031.87 | 377.00 |
| 10 | National Aluminium Co Ltd | 15,648.10 | 85.2 |
I bet you didn’t know that India was the birthplace of metal production. Evidence of iron tools dating back to 1800 BCE has been discovered at archaeological sites in UP. India’s metal sector has a rich history and is now striving for renewed prominence in international markets.
This article will take you to India’s metal sector and the leading corporations that play a significant role in it.
Content:
- Metal Sector Stocks – Meaning
- Top Metal Stocks in India
- Metals Stocks PE Ratio
- Introduction to Best Metal Stocks in India
- Quick Summary
- FAQ
Metal Sector Stocks – Meaning
The metals and mining industry seeks out and develops mines in areas rich in metal and mineral deposits. Profitable mining operations extract metals and minerals for the jewellery, manufacturing, and investment industries.
The metal sector stocks, in particular, are shares of the companies that are involved in the metal industry. There’s a good chance that you might have heard about a majority of metal stocks listed in the next sections of the article.
Top Metal Stocks in India
The below table shows the Top Metal Stocks in India based on the 1Y Return, 1M Return, and Daily Volume.
| SL No. | Stock Name | Market Cap (₹ Crores) | Close Price (₹) | 1Y Return (%) | 1M Return (%) | Daily Volume |
| 1 | JSW Steel Ltd | 1,85,892.65 | 773.15 | 40.48 | 11.43 | 22,47,699.00 |
| 2 | Tata Steel Ltd | 1,39,631.06 | 114.25 | 32.62 | 9.17 | 2,96,75,699.00 |
| 3 | Vedanta Ltd | 1,04,953.43 | 282.65 | 22.65 | 0.25 | 54,64,284.00 |
| 4 | Hindalco Industries Ltd | 95,997.96 | 428.95 | 33.42 | 5.46 | 50,38,239.00 |
| 5 | Jindal Steel And Power Ltd | 59,713.72 | 594.15 | 89.64 | 13.73 | 93,53,058.00 |
| 6 | Bharat Forge Ltd | 38,066.53 | 817.6 | 31.26 | 7.96 | 16,90,477.00 |
| 7 | Steel Authority of India Ltd | 35,522.52 | 86 | 32.51 | 4.69 | 1,82,64,007.00 |
| 8 | Jindal Stainless Ltd | 27,502.72 | 334 | 242.21 | 17.19 | 4,21,988.00 |
| 9 | Lloyds Metals And Energy Ltd | 19,031.87 | 377 | 191.12 | 12.39 | 1,95,405.00 |
| 10 | National Aluminium Co Ltd | 15,648.10 | 85.2 | 20.77 | 5.25 | 47,14,400.00 |
Metals Stocks PE Ratio
The below table shows the Metals Stocks based on the PE Ratio.
| Metal Stocks | Market Cap | Close Price | PE Ratio |
| Hind Aluminium Industries Ltd | 23.58 | 37.42 | 3.49 |
| ABC Gas (International) Ltd | 7.72 | 39 | 3.69 |
| Jainam Ferro Alloys (I) Ltd | 123.94 | 117.35 | 5.33 |
| Goa Carbon Ltd | 461.35 | 504.15 | 5.71 |
| Maan Aluminium Ltd | 385.35 | 71.25 | 7.71 |
| Manaksia Ltd | 868.98 | 132.6 | 8.14 |
| Vedanta Ltd | 86,672.85 | 233.35 | 8.2 |
| Quality Foils India Ltd | 26.83 | 94 | 8.46 |
| Precision Metaliks Ltd | 62.60 | 38.5 | 8.8 |
| Nile Ltd | 204.60 | 681.6 | 9.07 |
Looking for the Best Stocks in different sectors? Check out the following articles:
Introduction to Best Metal Stocks in India
Top Metal Stocks in India
JSW Steel Ltd
The primary focus of JSW Steel is the production and distribution of iron and steel goods. During the following ten years, the firm plans to increase its crude steel production capacity from 18 MnTPA in FY20 to 45 MnTPA.The BPSL acquisition was finalized in 2021, making the corporation India’s largest steel producer. The corporation owns the largest steel plant in India, with a production capacity of 12 MnTPA.
Tata Steel Ltd
Tata Steel Ltd. was founded in 1907 and is Asia’s first private, fully integrated steel firm. The corporation operates at every stage of the steelmaking process, from extracting raw materials like iron ore and coal to distributing the final products.
The company’s goal is to raise local steelmaking capacity to 30 MnTPA by 2025.
Vedanta Ltd
Vedanta Limited is a leading natural resources conglomerate based in India. With a diverse portfolio, the company is involved in the production of aluminum, zinc-lead-silver, oil and gas, iron ore, steel, copper, power, nickel, ferroalloys, glass display, optical fiber, and semiconductors. Operating across various segments, including Copper, Aluminium, Iron Ore, Power, Zinc, and Oil and Gas, Vedanta has established itself as a key player in the industry. With a strong focus on sustainable practices, the company caters to both domestic and international markets, providing a wide range of high-quality products.
Metals Stocks PE Ratio
Hind Aluminium Industries Ltd
Hind Aluminium Industries Ltd is possibly involved in manufacturing aluminum products used in sectors like construction, automotive, and packaging.
ABC Gas (International) Ltd
ABC Gas (International) Ltd is likely a company operating in the gas industry, possibly involved in the distribution of industrial gases.
Jainam Ferro Alloys (I) Ltd
Jainam Ferro Alloys (I) Ltd might be engaged in the production and distribution of ferroalloys used in steelmaking and other industries.
Here are some of the Best Stock Research Articles listed based on Top Sectors (Industries), Market Cap, and Fundamental Analysis Factors:
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.
Quick Summary
- The metals and mining industry seeks out and develops mines in areas rich in metal and mineral deposits. Profitable mining operations extract metals and minerals for the jewellery, manufacturing, and investment industries.
- Top Metal Stocks in India
- Titan Company Ltd
- JSW Steel Ltd
- Hindustan Zinc Ltd
- Best Metals Stocks NSE
- Hindustan Zinc
- Adani Enterprises Ltd
- Tata Steel Ltd.
FAQ
Why Metal Stocks are Falling?
This is due to the increase in export duty; steel companies are getting lesser global demands and are compelled to sell their products at a considerably lower price domestically, which has a negative impact on their stock prices.
