The table below shows the Iron & Steel Stocks Below 100 based on the Highest Market Capitalization.
Name | Market Cap (Cr) | Close Price |
NMDC Steel Ltd | 13,316.67 | 45.44 |
Lloyds Enterprises Ltd | 6,285.58 | 49.41 |
Jayaswal Neco Industries Ltd | 4,088.87 | 42.11 |
Salasar Techno Engineering Ltd | 2,735.20 | 15.84 |
Welspun Specialty Solutions Ltd | 2,670.06 | 50.37 |
MSP Steel & Power Ltd | 1,809.91 | 46.96 |
BMW Industries Ltd | 1,344.44 | 59.73 |
Steel Exchange India Ltd | 1,334.16 | 11.14 |
Rudra Global Infra Products Ltd | 490.18 | 48.85 |
Manaksia Steels Ltd | 419.61 | 64.03 |
Table of Contents
What are Iron & Steel Stocks?
Iron & steel stocks refer to shares of companies involved in the production, manufacturing, processing, and distribution of iron and steel products. These companies typically operate in various segments of the iron and steel industry, including mining, refining, smelting, and fabrication. Examples include steel producers, mining companies, and steel service centers.
Best Iron & Steel Stocks In India Below 100
The table below shows the Best Iron & Steel Stocks In India Below 100 based on 1 Year Return.
Name | Close Price | 1Y Return % |
MSP Steel & Power Ltd | 46.96 | 100.26 |
Bihar Sponge Iron Ltd | 19.11 | 91.48 |
India Steel Works Ltd | 6.08 | 54.31 |
Rathi Steel and Power Ltd | 47.06 | 53.14 |
Incredible Industries Ltd | 48.96 | 47.69 |
Visa Steel Ltd | 30.82 | 46.07 |
Rudra Global Infra Products Ltd | 48.85 | 45.08 |
Manaksia Steels Ltd | 64.03 | 36.52 |
Salasar Techno Engineering Ltd | 15.84 | 35.48 |
Kritika Wires Ltd | 12.85 | 31.79 |
Top Iron & Steel Stocks Below 100
The table below shows the Top Iron & Steel Stocks Below 100 based on the highest day Volume.
Name | Close Price | Daily Volume (Shares) |
Salasar Techno Engineering Ltd | 15.84 | 6952581 |
NMDC Steel Ltd | 45.44 | 2802319 |
Lloyds Enterprises Ltd | 49.41 | 1496541 |
Steel Exchange India Ltd | 11.14 | 749009 |
Shah Metacorp Ltd | 4.31 | 525712 |
Welspun Specialty Solutions Ltd | 50.37 | 378927 |
MSP Steel & Power Ltd | 46.96 | 323041 |
Kritika Wires Ltd | 12.85 | 319594 |
BMW Industries Ltd | 59.73 | 268475 |
India Steel Works Ltd | 6.08 | 262229 |
List Of Best Iron & Steel Stocks In India Below 100
The table below shows a List Of the Best Iron & Steel Stocks In India Below 100 based on the PE Ratio.
Name | Close Price | PE Ratio |
Shah Metacorp Ltd | 4.31 | 9.29 |
Scan Steels Ltd | 50.38 | 11.32 |
Rathi Steel and Power Ltd | 47.06 | 12.88 |
Bihar Sponge Iron Ltd | 19.11 | 15.16 |
BMW Industries Ltd | 59.73 | 21.53 |
Manaksia Steels Ltd | 64.03 | 25.61 |
Rudra Global Infra Products Ltd | 48.85 | 27.87 |
Incredible Industries Ltd | 48.96 | 28.35 |
Kritika Wires Ltd | 12.85 | 29.28 |
Steel Exchange India Ltd | 11.14 | 51.34 |
Top 10 Iron & Steel Stocks in India Below 100
The table below shows the Top 10 Iron & Steel Stocks in India Below 100 based on the 6-month return.
Name | Close Price | 6M Return % |
MSP Steel & Power Ltd | 46.96 | 76.28 |
India Steel Works Ltd | 6.08 | 69.36 |
Visa Steel Ltd | 30.82 | 46.41 |
Lloyds Enterprises Ltd | 49.41 | 45.02 |
Bihar Sponge Iron Ltd | 19.11 | 31.98 |
Welspun Specialty Solutions Ltd | 50.37 | 30.53 |
Manaksia Steels Ltd | 64.03 | 15.37 |
SAL Steel Ltd | 24.63 | 13.76 |
Incredible Industries Ltd | 48.96 | 8.1 |
Shah Metacorp Ltd | 4.31 | 4.61 |
Who Should Invest In Iron & Steel Stocks Below 100?
Investing in iron & steel stocks below Rs. 100 may be suitable for investors seeking exposure to the industrial sector and believe in the growth potential of the iron and steel industry. It could appeal to those looking for value investments or diversification within their portfolio. However, investors should have a high risk tolerance and conduct thorough research before considering such investments.
How To Invest In The Iron & Steel Stocks Below 100?
To invest in iron and steel stocks priced below Rs 100, research the industry and specific companies to understand their financial health and market position. Use an online brokerage account to facilitate purchases. Diversify your investments to mitigate risk, closely monitor market trends, and prepare for volatility. Consider consulting a financial advisor to tailor investments to your financial goals and risk tolerance.
Performance Metrics Of Iron & Steel Stocks Below 100
Performance metrics for iron & steel stocks below Rs. 100 typically include:
- Price-to-Earnings Ratio (P/E): Indicates the stock’s valuation relative to its earnings.
- Price-to-Book Ratio (P/B): Measures the stock’s valuation relative to its book value.
- Debt-to-Equity Ratio: Indicates the company’s leverage.
- Return on Equity (ROE): Reflects the company’s profitability relative to shareholder equity.
- Dividend Yield: Shows the dividend income relative to the stock price.
- Earnings Growth: Indicates the company’s growth in earnings over time.
- Market Capitalization: Reflects the size of the company in the market.
- Industry Trends: Assess the iron and steel industry’s overall health and growth prospects.
Benefits Of Investing In Iron & Steel Stocks Below 100
Investing in iron & steel stocks below Rs. 100 can offer several benefits:
- Potential for Capital Appreciation: If the company performs well, the stock price may rise, leading to capital gains for investors.
- Value Investing Opportunities: Stocks priced below Rs. 100 may be undervalued, offering an opportunity for value investors to buy low and sell high.
- Diversification: Adding iron & steel stocks to a portfolio can diversify risk and provide exposure to the industrial sector.
- Dividend Income: Some iron & steel companies pay dividends, providing a source of income for investors.
- Cyclical Industry: Iron & steel stocks often follow economic cycles, presenting opportunities for investors to capitalize on industry upswings.
- Infrastructure Growth: Investments in iron & steel companies may benefit from increased infrastructure spending and construction projects.
Investors should conduct thorough research and consider their risk tolerance before investing in iron & steel stocks below Rs. 100.
Challenges Of Investing In Iron & Steel Stocks Below 100
Investing in iron & steel stocks below Rs. 100 comes with several challenges:
- Volatility: Stocks in this price range can experience high volatility due to market fluctuations, economic conditions, and industry-specific factors.
- Cyclical Nature: The iron & steel industry is cyclical, meaning stock prices may be influenced by fluctuations in demand, raw material costs, and economic cycles.
- Risk of Losses: Stocks priced below Rs. 100 may be more susceptible to price declines, potentially resulting in significant losses for investors.
- Industry Risks: The iron & steel industry faces various risks, including competition, regulatory changes, technological advancements, and environmental concerns.
- Liquidity Concerns: Stocks with lower prices may have lower trading volumes, leading to liquidity challenges, such as wider bid-ask spreads and difficulty in buying or selling large quantities without affecting the stock price.
- Financial Health: Some companies with stocks below Rs. 100 may have weaker financials, including high debt levels, poor profitability, or governance issues, increasing investment risk.
Introduction to Iron & Steel Stocks below 100
NMDC Steel Ltd
The Market Cap of NMDC Steel Ltd is ₹13,316.67 crore. Its monthly return is 4.64% and its annual return is -9.16%. The stock is currently 62.19% below its 52-week high.
NMDC Steel Ltd was established to diversify into steel production. It operates state-of-the-art facilities to manufacture high-grade steel for industries like construction, infrastructure, and automotive, contributing significantly to India’s steel sector development.
The company focuses on sustainability and innovation in steel production. By leveraging advanced technologies, NMDC Steel aims to meet growing domestic and international steel demands while ensuring minimal environmental impact in its operations.
Lloyds Enterprises Ltd
The Market Cap of Lloyds Enterprises Ltd is ₹6,285.58 crore. Its monthly return is 11.6% and its annual return is 18.68%. The stock is currently 10.81% below its 52-week high.
Lloyds Enterprises Ltd is a prominent player in the steel industry, offering products ranging from long steel products to specialty steels. It caters to diverse industries, including construction, engineering, and manufacturing.
The company emphasizes customer satisfaction through innovative solutions and stringent quality control measures. Its robust market presence and efficient operations make it a preferred supplier for infrastructure and industrial projects across India.
Jayaswal Neco Industries Ltd
The Market Cap of Jayaswal Neco Industries Ltd is ₹4,088.87 crore. Its monthly return is -0.17% and its annual return is -15.36%. The stock is currently 55.31% below its 52-week high.
Jayaswal Neco Industries Ltd, established in 1972, specializes in iron and steel production. It offers a wide range of products, including pipes, rods, and castings, catering to sectors like automotive, construction, and power.
The company is committed to technological advancements and sustainable practices. Its integrated facilities and strong distribution network ensure consistent quality and timely delivery, making it a trusted name in the steel industry.
Salasar Techno Engineering Ltd
The Market Cap of Salasar Techno Engineering Ltd is ₹2,735.20 crore. Its monthly return is -8.34% and its annual return is 35.48%. The stock is currently 114.33% below its 52-week high.
Salasar Techno Engineering Ltd, established in 2006, is a leading player in steel fabrication. It specializes in telecommunication towers, solar mounting structures, and high-mast lighting poles, supporting India’s infrastructure and renewable energy sectors.
The company focuses on customized solutions and innovative engineering. Its commitment to quality and timely execution has earned it a reputation as a reliable partner for infrastructure projects across India and abroad.
Welspun Specialty Solutions Ltd
The Market Cap of Welspun Specialty Solutions Ltd is ₹2,670.06 crore. Its monthly return is 18.22% and its annual return is 24.06%. The stock is currently 16.93% below its 52-week high.
Welspun Specialty Solutions Ltd, a subsidiary of the Welspun Group, produces alloy and stainless steel. Its state-of-the-art facilities cater to industries like oil and gas, power, and automotive, ensuring high-quality, corrosion-resistant products.
The company emphasizes sustainability and innovation. By leveraging cutting-edge technology and adhering to global standards, Welspun Specialty Solutions has established itself as a trusted supplier in domestic and international markets.
MSP Steel & Power Ltd
The Market Cap of MSP Steel & Power Ltd is ₹1,809.91 crore. Its monthly return is 21.48% and its annual return is 100.26%. The stock is currently 37.39% below its 52-week high.
MSP Steel & Power Ltd, founded in 1968, is a key player in the steel industry. It produces billets, TMT bars, and structural steel, catering to construction and infrastructure projects across India.
The company focuses on innovation and eco-friendly practices. Its integrated steel manufacturing facilities ensure consistent quality and contribute to India’s growing infrastructure and housing needs, making it a significant industry contributor.
BMW Industries Ltd
The Market Cap of BMW Industries Ltd is ₹1,344.44 crore. Its monthly return is 6.98% and its annual return is 5.27%. The stock is currently 43.98% below its 52-week high.
BMW Industries Ltd specializes in long and flat steel products, catering to sectors like construction, engineering, and transportation. Its modern facilities produce high-quality steel for various industrial applications.
The company prioritizes sustainability and innovation. By adopting advanced manufacturing processes, BMW Industries ensures high-quality output while minimizing environmental impact, supporting India’s growing industrial needs.
Steel Exchange India Ltd
The Market Cap of Steel Exchange India Ltd is ₹1,334.16 crore. Its monthly return is 7.07% and its annual return is 7.63%. The stock is currently 65.17% below its 52-week high.
Steel Exchange India Ltd is a leading manufacturer of TMT bars and steel billets. Its advanced production facilities serve industries like construction and infrastructure, ensuring high-strength steel for critical projects.
The company focuses on innovation and customer satisfaction. Its strong market presence and commitment to quality have made Steel Exchange India a trusted name in the Indian steel market.
Rudra Global Infra Products Ltd
The Market Cap of Rudra Global Infra Products Ltd is ₹490.18 crore. Its monthly return is 12.12% and its annual return is 45.08%. The stock is currently 53.53% below its 52-week high.
Rudra Global Infra Products Ltd specializes in manufacturing steel pipes and tubes. It caters to diverse industries, including construction, water management, and infrastructure, ensuring high-quality products for critical applications.
The company emphasizes innovation and sustainability. Its state-of-the-art facilities and dedication to quality control ensure reliable and durable steel products, meeting the growing demands of India’s infrastructure sector.
Manaksia Steels Ltd
The Market Cap of Manaksia Steels Ltd is ₹419.61 crore. Its monthly return is 0.24% and its annual return is 36.52%. The stock is currently 67.11% below its 52-week high.
Manaksia Steels Ltd, part of the Manaksia Group, produces galvanized steel sheets, coils, and color-coated steel. Its products cater to sectors like construction, automotive, and consumer goods.
The company focuses on advanced manufacturing techniques and customer satisfaction. Its innovative approach and consistent quality have earned it a strong reputation in India’s competitive steel market.
Top Iron & Steel Stocks below 100 – FAQs
Best Iron & Steel Stocks Below 100 Rs #1: NMDC Steel Ltd
Best Iron & Steel Stocks Below 100 Rs #2: Lloyds Enterprises Ltd
Best Iron & Steel Stocks Below 100 Rs #3: Jayaswal Neco Industries Ltd
Best Iron & Steel Stocks Below 100 Rs #4: Salasar Techno Engineering Ltd
Best Iron & Steel Stocks Below 100 Rs #5: Welspun Specialty Solutions Ltd
Best Iron & Steel Stocks Below 100 Rs are based on market capitalization
Based on one year’s return, these are the Top Iron and steel Stocks Below 100 Rs, MSP Steel & Power Ltd, Bihar Sponge Iron Ltd, India Steel Works Ltd, Rathi Steel and Power Ltd, and Incredible Industries Ltd.
Yes, you can invest in iron & steel stocks below Rs. 100. However, be sure to research the company’s fundamentals, market conditions, and future prospects before investing to make informed decisions and manage risks effectively.
Investing in iron & steel stocks below Rs. 100 can be lucrative if the company shows strong fundamentals, growth potential, and favorable industry conditions. However, thorough research and risk assessment are essential before making any investment decisions.
To invest in iron & steel stocks below Rs. 100, research companies with sound fundamentals and growth potential. Use financial news, analyst reports, and stock market platforms to identify suitable options. Then, open a brokerage account, analyze the company’s performance, and make informed investment decisions based on your risk tolerance and investment goals.
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.