Iron & Steel Stocks Below 50

The table below shows the Iron & Steel Stocks Below 50 based on the Highest Market Capitalization.

Content: 

• What are Iron & Steel Stocks?
• Best Iron & Steel Stocks In India Below 50
• Top Iron & Steel Stocks Below 50
• List Of Best Iron & Steel Stocks In India Below 50
• Top Iron & Steel Stocks in India Below 50
• Who Should Invest In Iron & Steel Stocks Below 50?
• How To Invest In The Iron & Steel Stocks Below 50?
• Performance Metrics Of Iron & Steel Stocks Below 50
• Benefits Of Investing In Iron & Steel Stocks Below 50
• Challenges Of Investing In Iron & Steel Stocks Below 50
• Introduction to Iron & Steel Stocks below 500
• Top Iron & Steel Stocks below 50 – FAQs

What are Iron & Steel Stocks?

Iron and steel stocks represent shares of companies involved in producing and distributing iron and steel products. These companies are critical to numerous industries, including construction, automotive, and manufacturing. Investing in iron and steel stocks means investing in the foundational materials essential for infrastructure and development, reflecting a region’s economic health and industrial activity.

Best Iron & Steel Stocks In India Below 50

The table below shows the Best Iron & Steel Stocks In India Below 50 based on 1 Year Return. 

Top Iron & Steel Stocks Below 50

The table below shows the Top Iron & Steel Stocks Below 50 based on the highest day Volume.

List Of Best Iron & Steel Stocks In India Below 50

The table below shows a List Of The Best Iron & Steel Stocks In India Below 50 based on the PE Ratio. 

Top Iron & Steel Stocks in India Below 50

The table below shows the Top Iron & Steel Stocks in India Below 50 based on the 6-month return. 

Who Should Invest In Iron & Steel Stocks Below 50?

Investors interested in iron and steel stocks below Rs 50 are typically those who can tolerate high volatility and have a speculative investment style. These stocks are suitable for risk-tolerant investors looking for potential high-reward opportunities in a fundamental industry. Knowledgeable investors who understand market cycles and the specific challenges of the metals industry and can hold investments through ups and downs may find these stocks appealing.

How To Invest In The Iron & Steel Stocks Below 50?

To invest in iron and steel stocks priced below Rs 50, 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 50

When evaluating the performance of iron and steel stocks priced below Rs 50, consider several key metrics to assess their potential value and risk. Here are some important performance metrics:

• Price-to-Earnings Ratio (P/E): This ratio helps determine if the stock is overvalued or undervalued relative to its earnings. A lower P/E might indicate a potentially undervalued stock, but context is essential, especially in cyclical industries like steel.
• Debt-to-Equity Ratio: Given the capital-intensive nature of the steel industry, this ratio is crucial for understanding financial stability. A high debt-to-equity ratio could indicate higher risk, especially if earnings are volatile.
• Earnings Per Share (EPS): This indicates the company’s profitability on a per-share basis and is critical for assessing its financial health. Increasing EPS over time can suggest growth while declining EPS might raise red flags.
• Dividend Yield: If the company pays dividends, the yield can provide an income stream. This is particularly appealing in more stable, lower-priced stocks, offering a return even if stock price growth is limited.
• Return on Equity (ROE): This measures how effectively management is using a company’s assets to create profits. A high ROE indicates efficiency and profitability.
• Revenue Growth: For stocks in industries like steel, where market conditions can rapidly change, looking at revenue growth can provide insight into how well the company is managing external challenges and opportunities.

Benefits Of Investing In Iron & Steel Stocks Below 50

Investing in iron and steel stocks priced below Rs 50 offers several potential benefits, making them an attractive option for certain investors. Here are some key advantages:

• Affordability: Stocks priced below Rs 50 are more affordable, allowing investors to purchase a larger quantity of shares with a smaller investment. This can be beneficial for diversifying within the sector without a significant initial outlay.
• High Growth Potential: Lower-priced stocks often have higher potential for growth, especially if the companies are small to mid-sized and positioned to capitalize on industry expansions or improvements in market conditions.
• Market Recovery Leverage: The iron and steel industry is cyclical and closely tied to economic cycles. Investing in these stocks can provide leverage during periods of economic recovery, as infrastructure spending often increases, boosting demand for iron and steel.
• Dividend Yields: Some iron and steel companies offer dividends, even at lower stock prices. This can provide a steady income stream, enhancing the investment’s total return, especially in a sector known for its cyclical nature.
• Speculative Gains: For investors with a higher risk tolerance, these stocks can offer speculative gains. Prices may rise sharply on positive industry news or when the company achieves significant milestones, such as securing large contracts or benefiting from favorable government policies.
• Exposure to Global Growth: Many iron and steel companies benefit from global demand, not just domestic. Investors can gain exposure to global economic trends and development, especially in emerging markets where construction and infrastructure growth is more robust.

Challenges Of Investing In Iron & Steel Stocks Below 50

Investing in iron and steel stocks priced below Rs 50 can pose several challenges and risks, which are important to consider before making investment decisions. Here are some of the key challenges:

• High Volatility: Stocks priced below Rs 50, particularly in a cyclical industry like iron and steel, can be highly volatile. Their prices may be more sensitive to market fluctuations, industry trends, and economic conditions, leading to significant price swings.
• Market Perception: Lower-priced stocks are often perceived as riskier and may be viewed skeptically by some investors. This perception can impact liquidity and marketability, making it harder to execute large trades without affecting the stock price.
• Less Information Availability: Companies with stocks trading below Rs 50 may be covered less extensively by financial analysts and media. This can result in less publicly available information, making it more difficult for investors to perform thorough due diligence.
• Operational and Financial Instability: Stocks in this price range may belong to companies experiencing operational or financial difficulties. Issues such as debt load, inefficient operations, or weak market position can be more common among these companies, posing risks to investors.
• Liquidity Issues: Trading volumes for lower-priced stocks can be relatively low, which means these stocks may not be as liquid as those of larger, more established companies. This can pose a challenge when trying to buy or sell shares without impacting the price significantly.
• Regulatory and Environmental Risks: The iron and steel industry is heavily regulated, with strict environmental controls. Compliance with these regulations can be costly, and failure to meet them can result in fines or operational disruptions, which can adversely affect stock prices.

Introduction to Iron & Steel Stocks below 500

Iron & Steel Stocks Below 50 – Highest Market Capitalization

Salasar Techno Engineering Ltd

The Market Cap of Salasar Techno Engineering Ltd is Rs 3488.54 crores. The stock has shown a monthly return of 4.80% and a one-year return of 174.53%. Currently, the stock is 53.62% away from its 52-week high.

Salasar Techno Engineering Limited, an India-based company, specializes in customized steel fabrication services. The company manufactures and sells galvanized and non-galvanized steel structures, including telecom towers, transmission line towers (such as railway electrification towers), solar panels, and prefabricated steel structures like bridges. 

With manufacturing units located at Jindal Nagar and Khera Dehat in Hapur District, Uttar Pradesh, the company operates in two key segments: Steel Structures and Engineering Procurement & Construction (EPC). The Steel Structure segment covers six business verticals: telecommunication towers, transmission and railway towers, solar towers, poles, heavy steel structures, and smart city solutions. The EPC segment focuses on the manufacturing and installation of transmission towers and railway electrification towers.

Welspun Specialty Solutions Ltd

The Market Cap of Welspun Specialty Solutions Ltd is Rs 2132.02 crores. The stock’s monthly return is 10.62%. Its one-year return is 103.81%. The stock is 16.44% away from its 52-week high.

Welspun Specialty Solutions Limited is an Indian company involved in the manufacturing of steel and steel products, offering a wide range of products, including billet, bloom, ingot, rolled bar, bright bar, and seamless pipes and tubes. It produces different steel categories, including alloy, stainless, and special steel as well as stainless and Ni-alloy pipes and tubes. 

The company’s steel grades cover various types such as bearing steel, micro-alloyed steel, creep-resistant steel, chrome-moly steel, boron steel, case carburizing steel, tool and die steel, high nickel steel, ferritic stainless steel, austenitic stainless steel, martensitic stainless steel, precipitation hardening steel, duplex, and super duplex stainless steel, and nickel alloy/superalloy. Welspun Specialty Solutions Limited serves a diverse range of sectors, such as aerospace, architecture, agriculture/fertilizer, automotive, consumer goods, defense, dairy, energy and power, and engineering, among others.

Steel Exchange India Ltd

The Market Cap of Steel Exchange India Ltd is Rs. 1700.64 crores. The stock’s monthly return is -4.70%. Its one-year return is -8.28%. The stock is 23.08% away from its 52-week high.

Steel Exchange India Limited is involved in the production of steel products, trading-related items, and the generation and sale of power. The company operates in two segments: steel and power. The steel segment encompasses the manufacturing and marketing of sponge iron, billets, and rebars (TMT). The power segment focuses on generating and marketing thermal and gas-based power. The company’s range includes TMT bars, Sponge Iron, Billets, Rebars, and Coal Power. Sponge Iron products consist of Lump, Fines, and Briquettes. 

The company owns various manufacturing facilities, such as a sponge iron unit, a billet/steel melting shop, a rolling mill, and a captive thermal power plant. Its integrated steel manufacturing hub includes a 0.5 million ton sponge iron unit, a 0.3 million ton billet unit, and a 220,000 ton per annum rolling mill. Additionally, the company operates a captive power plant with a capacity of around 60 megawatts.

Best Iron & Steel Stocks In India Below 50 – 1 Year Return

MSP Steel & Power Ltd

The Market Cap of MSP Steel & Power Ltd is Rs. 1065.67 crore. The stock’s monthly return is -4.82%. Its one-year return is 214.53%. The stock is 23.48% away from its 52-week high.

MSP Steel & Power Limited, an Indian steel manufacturer, produces and sells iron and steel products as well as generates power. The company operates a manufacturing plant in Raigarh, Chhattisgarh, India, offering products such as TMT Bars, Structural Steel, and Pipes. 

With sales and marketing dealers nationwide, MSP Steel & Power Limited is a leading producer of structural steel sections in India, serving various sectors, including industrial, infrastructural, and agricultural. Their product range includes H beams, I Beams, Channels, Angles, Round Bars, and a variety of pipes such as Hollow Sections, Black or Galvanized Pipes, and more tailored for different purposes.

India Steel Works Ltd

The Market Cap of India Steel Works Ltd is Rs. 146.89 crore. The stock’s monthly return is 2.17%. Its one-year return is 135.90%. The stock is 43.75% away from its 52-week high.

India Steel Works Limited is a company based in India that is involved in the production and trading of steel products, including hot-rolled items, bars, rods, and bright bars. They offer a variety of products in different lengths and sizes, such as billets, angles, wire rods, wire, and bright bars. The company is divided into several segments, including Steel Melt Shop, Rolling Mills, Bright Bars, and Wire Facility. The Steel Melt Shop division in Khopoli operates two melting routes – an induction furnace and an electric arc furnace for steel melting. 

The Rolling Mills division comprises a continuous bar and rod mill as well as a cross-country bar mill. The Bright Bars division specializes in the manufacturing of bright bars, particularly in stainless steel, using processes like heat treatment, quenching and tempering, pickling, smooth turning, and polishing. The Wire Drawing Facility division produces stainless steel wires in various sizes, finishes, conditions, and coil weights.

Rudra Global Infra Products Ltd

The Market Cap of Rudra Global Infra Products Ltd is Rs. 404.89 crore. The stock’s monthly return is -3.80%. Its one-year return is 104.69%. The stock is 42.21% away from its 52-week high.

Rudra Global Infra Products Limited, an Indian company, specializes in the production of billets and mild steel (MS) thermo mechanical treatment (TMT) bars. The company offers a range of products including Rudra TMT Bar, Rudra Wires, and Rudra Pipes. 

Rudra Pipes provides various products such as black and galvanized tubes-01, black and galvanized tubes-02, rectangular hollow sections, and square hollow sections. These pipes find applications in agricultural implement frames, playground equipment, automobile chassis, bridges, bus stands, conveyor gantries, trestles, cranes, drilling rigs, exhibition stalls, furniture, partition frames, and flood light masts. The products are marketed under the brand name Rudra TMX. 

Top Iron & Steel Stocks Below 50 – Highest Day Volume

Facor Alloys Ltd

The Market Cap of Facor Alloys Ltd is Rs. 152.33 crores. The stock’s monthly return is -2.01%. Its one-year return is 11.99%. The stock is 54.28% away from its 52-week high.

Facor Alloys Limited, an Indian holding company, specializes in producing ferroalloys mainly for the steel and stainless steel manufacturing industry. The company serves domestic and international markets by offering various ferro alloys such as ferro silicon magnesium. With an installed annual production capacity of about 72,000 tons, the company operates at full capacity. 

It exports its products to countries like Korea, Japan, Italy, the Netherlands, the United States, Turkey, China, and Taiwan. The company’s manufacturing facility is situated in Shreeramnagar, Andhra Pradesh. Its subsidiaries include Best Minerals Limited, FAL Power Ventures Pvt. Ltd., Facor Electric Ltd., and Facor Minerals (Netherlands) B.V., among others.

Shyam Century Ferrous Ltd

The Market Cap of Shyam Century Ferrous Ltd is Rs. 410.55 crores. The stock’s monthly return is 2.11%. Its one-year return is 0.79%. The stock is 68.75% away from its 52-week high.

Shyam Century Ferrous Limited, an Indian company, specializes in producing ferroalloys and producing power. The company distributes its products throughout India. 

Its manufacturing facility is situated in Byrnihat, Meghalaya, near Guwahati, with an annual production capacity of about 21,000 metric tons (MT) of ferrosilicon. Additionally, the facility includes a captive power generation unit with an installed capacity of around 14-megawatt hours (MWh).

List Of Best Iron & Steel Stocks In India Below 50 – PE Ratio

Vaswani Industries Ltd

The Market Cap of Vaswani Industries Ltd is Rs. 109.80 crores. The stock’s monthly return is 0.85%. Its one-year return is 68.02%. The stock is 77.70% away from its 52-week high.

Vaswani Industries Limited, based in India, is involved in the manufacturing and trading of iron ore pellets, sponge iron, steel billets, HB wires, and power generation. The company operates in segments such as Iron & Steel, Power, Real Estate, and Agri Products. Its product range includes sponge iron, forging ingots, and billets available in various grades. 

The company produces coal-based sponge iron using three rotary kilns with a capacity of approximately 90,000 metric tons, in addition to a waste heat recovery boiler generating around 11.5 megawatts of power. It also operates a steel ingot/billet plant with a capacity of approximately 59,400 metric tons. Vaswani Industries Limited sells nine megawatts to Chhattisgarh State Electricity Board and Lanco Electricity Utility Limited, Haryana while utilizing the remaining 2.5 megawatts for in-house production.

Bihar Sponge Iron Ltd

The Market Cap of Bihar Sponge Iron Ltd is Rs. 127.37 crore. The stock’s monthly return is -7.83%. Its one-year return is 58.07%. The stock is 61.32% away from its 52-week high.

Bihar Sponge Iron Limited, an India-based company, specializes in the manufacturing and sale of sponge iron. The company is actively involved in the production, export, and sale of pre-reduced iron in the form of sponge iron. Operating three kilns with a combined annual capacity of 210,000 metric tons (MT), the company primarily produces sponge iron. 

This ferrous material serves as a substitute for steel scrap in induction and electric arc furnaces within the construction and infrastructure industries. The company’s manufacturing facility is situated in Umesh Nagar, Chandil, located in district Saraikela Kharsawan, near Jamshedpur.

SAL Steel Ltd

The Market Cap of SAL Steel Ltd is Rs 169.51 crore. The stock’s monthly return is -0.96%. Its one-year return is 12.11%. The stock is 53.02% away from its 52-week high.

SAL Steel Limited is a versatile steel, ferro alloys, and power company based in India. Located near Kandla Port in the state of Gujarat, the company produces direct reduced iron, ferro alloys, iron ore pellets, and a variety of finished steel products. Additionally, they operate a 40-megawatt plant that generates power through waste heat recovery and fluidized bed combustion boilers. The company uses the power for its own needs and sells any excess to different customers.

Top Iron & Steel Stocks in India Below 50 – 6 Month Return

Visa Steel Ltd

The market capitalization of Visa Steel Ltd is Rs 248.95 crore. The stock’s monthly return is -3.15%. Its one-year return is 86.96%. The stock is 19.30% away from its 52-week high.

VISA Steel Limited, an India-based company, specializes in manufacturing iron and steel products, high carbon ferro chrome, and operating a power plant in Odisha. The company focuses on producing Ferro Alloys and has manufacturing facilities in Kalinganagar, Odisha, equipped with five submerged arc furnaces and three 25 MW power-generating units. 

Its high-carbon ferrochrome is widely used in stainless steel and special steel production. Subsidiaries of the company include Kalinganagar Special Steel Private Limited (KSSPL), Kalinganagar Chrome Private Limited (KCPL), VISA Ferro Chrome Limited, and VISA Special Steel Limited.

Kritika Wires Ltd

The Market Cap of Kritika Wires Ltd is Rs. 604.46 crores. The stock’s monthly return is 59.46%. Its one-year return is 507.73%. The stock is 0% away from its 52-week high.

Kritika Wires Limited, an India-based company, specializes in the manufacturing, exporting, and supplying of a diverse range of industrial steel wire and galvanized wire products. The company focuses on producing high-precision wires that meet the expectations of both domestic and international clients. Its extensive product line includes mild steel wire, GI stay wire, galvanized strand for earthing, aluminum conductor steel-reinforced cable (ACSR) Core Wire, ACSR core wire strand, cotton bailing wire, indented PC wire, Spring steel wire, barbed wire, umbrella rib wire, and rolling shutter wire. 

The applications of these products vary, with mild steel wire commonly used in electricity board distribution and general engineering purposes, barbed wire for fencing and anti-climbing devices in electricity transmission towers, indented PC wire in concrete poles for electricity distribution, and spring steel wire in heavy-duty springs and wire-netting.

Shah Metacorp Ltd

The Market Cap of Shah Metacorp Ltd is Rs. 176.12 crore. The stock’s monthly return is 21.74%. Its one-year return is 52.83%. The stock is 35.80% away from its 52-week high.

Shah Metacorp Limited, previously known as Gyscoal Alloys Limited, specializes in the manufacture of stainless steel (SS) and mild steel long products using scrap materials. The company operates within the SS Products sector, focusing on the production of SS angle bars, SS flat bars, and SS round bars. It has the capacity to produce a wide range of SS Products, spanning from 200 series to 400 series. 

The company’s products find applications in various industries such as chemical plants, pharmaceutical plants, construction, railways, and other structural sectors. Apart from SS angle bars, the company also manufactures and supplies SS and mild steel-based channels, square bars, twisted bars, billets, and ingots.  

Incredible Industries Ltd

The Market Cap of Incredible Industries Ltd is Rs. 195.94 crores. The stock’s monthly return is 5.77%. Its one-year return is 94.62%. The stock is 29.77% away from its 52-week high.

Incredible Industries Limited, an Indian company, specializes in producing and promoting iron and steel items. The company primarily focuses on manufacturing various rolled products such as TMT Bars, Rounds, and Wire Rods. Its manufacturing setup includes a rolling mill in the Raturia Industrial Area in Angadpur, Durgapur, West Bengal, with an annual capacity of approximately 1,70,000 million tons. Furthermore, it operates a windmill in Dhule, Maharashtra, with a capacity of about 1.50 megawatts.

Top Iron & Steel Stocks below 50 – FAQs

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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.