The below table shows the best metal stocks in India based on the highest market capitalization.
| Stock Name | Market Cap (₹ Cr) | Closing Price (₹) |
| Hindalco Industries Ltd | 122,512.10 | 547.75 |
| Vedanta Ltd | 100,709.48 | 271.10 |
| NLC India Ltd | 29,687.89 | 214.10 |
| National Aluminium Co Ltd | 27,319.90 | 148.75 |
| Mishra Dhatu Nigam Ltd | 6,947.50 | 370.85 |
| Gravita India Ltd | 6,008.43 | 883.10 |
| Ashapura Minechem Ltd | 3,191.95 | 348.90 |
| Permanent Magnets Ltd | 924.08 | 1,074.70 |
| Arfin India Ltd | 842.14 | 52.99 |
| Maan Aluminium Ltd | 791.53 | 146.35 |
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.
| Stock Name | Market Cap (₹ Crores) | Close Price (₹) | 1Y Return (%) | 1M Return (%) | Daily Volume |
| Hindalco Industries Ltd | 122,512.10 | 547.75 | 39.47 | 4.34 | 5,518,261.00 |
| Vedanta Ltd | 100,709.48 | 271.10 | -4.99 | 0.74 | 9,338,889.00 |
| NLC India Ltd | 29,687.89 | 214.10 | 177.69 | -14.07 | 3,655,554.00 |
| National Aluminium Co Ltd | 27,319.90 | 148.75 | 90.95 | -8.07 | 21,509,647.00 |
| Mishra Dhatu Nigam Ltd | 6,947.50 | 370.85 | 96.79 | -11.07 | 707,147.00 |
| Gravita India Ltd | 6,008.43 | 883.10 | 82.69 | -4.52 | 144,224.00 |
| Ashapura Minechem Ltd | 3,191.95 | 348.90 | 227.30 | -19.54 | 81,686.00 |
| Permanent Magnets Ltd | 924.08 | 1,074.70 | 34.50 | -2.97 | 122,207.00 |
| Arfin India Ltd | 842.14 | 52.99 | 142.07 | 3.08 | 97,871.00 |
| Maan Aluminium Ltd | 791.53 | 146.35 | 57.15 | -10.83 | 87,268.00 |
Metals Stocks PE Ratio
The below table shows the Metals Stocks based on the PE Ratio.
| Metal Stocks | Market Cap | Close Price | PE Ratio |
| Manaksia Ltd | 673.36 | 102.75 | 6.59 |
| Goa Carbon Ltd | 683.72 | 747.15 | 8.06 |
| Vedanta Ltd | 100,709.48 | 271.10 | 4.71 |
| Hindalco Industries Ltd | 122,512.10 | 547.75 | 12.92 |
| Maan Aluminium Ltd | 791.53 | 146.35 | 19.23 |
| Nile Ltd | 385.19 | 1,283.15 | 11.44 |
| National Aluminium Co Ltd | 27,319.90 | 148.75 | 17.09 |
| Manaksia Aluminium Co Ltd | 172.68 | 26.35 | 25.64 |
| Creative Castings Ltd | 98.67 | 759.00 | 21.97 |
| NLC India Ltd | 29,687.89 | 214.10 | 11.37 |
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
Hindalco Industries Ltd
Hindalco Industries Limited, India’s metals flagship company, engages in global manufacturing and distribution of aluminum and copper products. Operating through Novelis, Aluminium Upstream, Aluminium Downstream, and Copper segments, it covers a wide range, from mining to value-added products, under brands like Eternia and Birla Copper.
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.
NLC India Ltd
NLC India Limited, based in India, is involved in lignite and coal mining, power generation from lignite and renewable sources, and consultancy services. With diverse mining operations and five thermal power stations, it has a total capacity of around 3,640 MW, including significant contributions from solar and wind energy.
National Aluminium Co Ltd
National Aluminium Company Limited (NALCO), based in India, primarily manufactures and sells alumina and aluminum. Its segments include Chemical and Aluminium, covering products like calcined alumina and aluminum ingots. With facilities in Odisha, including alumina refinery and aluminum smelter plants, as well as captive power and wind power plants across states, NALCO operates on a large scale.
Mishra Dhatu Nigam Ltd
Mishra Dhatu Nigam Limited, based in India, specializes in manufacturing superalloys, titanium, special purpose steel, and other special metals. It produces semi-finished forms of alloy steel, titanium, and nickel-based alloy, along with offering testing, evaluation, and consultancy services. The company also manufactures products like biomedical implants, fasteners, and welding consumables.
Gravita India Ltd
Gravita India Limited is involved in lead and aluminum processing, trading, and turn-key lead recycling projects. Its segments cover lead and aluminum processing, turn-key solutions, and plastic manufacturing. The company smelts lead battery scrap, trades aluminum scraps, and provides complete plant machinery for lead manufacturing. It operates globally in several countries.
Ashapura Minechem Ltd
Ashapura Minechem Limited is a multi-mineral solutions provider offering products like Bentonite, Bauxite, Calcined China Clay, Ground Calcium Carbonate, and China Clay-Kaolin. These find applications in aluminum, cement, iron ore pellatization, oil drilling, paper, paints, and more. The company operates processing plants in India and has interests in various international locations.
Permanent Magnets Ltd
Permanent Magnets Limited, an India-based company, specializes in electrical components and assemblies for various industries like automotive, energy metering, aerospace, and defense. It offers customized solutions based on core technologies like magnetic sensing, current sensing, magnetic assemblies, alloys, and ZAMAK die-casting, including products such as Hi-Perm, Shunt, Nano Amorphous, and Rotor & Stator assemblies.
Arfin India Ltd
Arfin India Limited, based in India, specializes in manufacturing, trading, and selling non-ferrous metal products. Its offerings include aluminum wire rods, deox products, cored wires, alloy ingots, ferro titanium, and more. Serving industries like steel, automotive, and power, its manufacturing facilities are situated in Gujarat, producing a range of aluminum and alloy products.
Maan Aluminium Ltd
Maan Aluminium Limited, an India-based company, manufactures and trades aluminum profiles, anodizes and fabricates profiles, and produces aluminum ingots and billets. Their alloy products, including 6005A, 6060, 6061, 6082, 6101, 6106, 6351, and 1000, find applications in various sectors such as construction, transportation, and electrical industries.
Metals Stocks PE Ratio
Manaksia Ltd
Manaksia Limited, an India-based holding company, manufactures aluminum, packaging products, iron, and steel. Its segments comprise Packaging Products, Metal Products, and Others, including trading spare parts. Geographically, it operates within and outside India, with manufacturing units in Nigeria, Ghana, and India (West Bengal). Subsidiaries include MINL Ltd., Manaksia Overseas Ltd, and Manaksia Ferro Industries Ltd.
Maan Aluminium Ltd
Maan Aluminium Limited, based in India, specializes in manufacturing and trading aluminum profiles, ingots, and billets. They offer various alloy products such as 6005A, 6060, 6061, 6082, 6101, 6106, 6351, and 1000, catering to diverse applications ranging from architectural, marine, and transport sectors to electrical components and infrastructure projects.
Nile Ltd
Nile Limited, based in India, manufactures pure lead for battery use and generates wind energy. The Lead division produces various lead alloys, including Pure Lead with 99.97% purity, while the Wind energy division operates a two-megawatt wind farm in Andhra Pradesh. The company also has two subsidiary companies involved in related industries.
Here are some of the Best Stock Research Articles listed based on Top Sectors (Industries), Market Cap, and Fundamental Analysis Factors:
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
- Hindalco Industries Ltd
- Vedanta Ltd
- NLC India 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.
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.
