Iron & Steel Stocks Below 500

The table below shows the Iron & Steel Stocks Below 500 based on the Highest Market Capitalization.

Content: 

• What are Iron & Steel Stocks?
• Best Iron & Steel Stocks In India Below 500
• Top Iron & Steel Stocks Below 500
• List Of Best Iron & Steel Stocks In India Below 500
• Top 10 Iron & Steel Stocks in India Below 500
• Who Should Invest In Iron & Steel Stocks Below 500?
• How To Invest In The Iron & Steel Stocks Below 500?
• Performance Metrics Of Iron & Steel Stocks Below 500
• Benefits Of Investing In Iron & Steel Stocks Below 500
• Challenges Of Investing In Iron & Steel Stocks Below 500
• Introduction to Iron & Steel Stocks below 500
• Top Iron & Steel Stocks below 500 – FAQs

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 500

The table below shows the Best Iron & Steel Stocks In India Below 500 based on 1 Year Return. 

Top Iron & Steel Stocks Below 500

The table below shows the Top Iron & Steel Stocks Below 500 based on the highest day Volume.

List Of Best Iron & Steel Stocks In India Below 500

The table below shows a List Of The Best Iron & Steel Stocks In India Below 500 based on the PE Ratio. 

Top 10 Iron & Steel Stocks in India Below 500

The table below shows the Top 10 Iron & Steel Stocks in India Below 500 based on the 6-month return. 

Who Should Invest In Iron & Steel Stocks Below 500?

Investors seeking exposure to cyclical industries and anticipating economic growth may consider investing in iron & steel stocks below 500. These stocks can offer potential returns as demand for infrastructure and construction materials rises. However, it’s crucial to conduct thorough research and monitor market conditions due to the sector’s volatility.

How To Invest In The Iron & Steel Stocks Below 500?

To invest in iron & steel stocks below 500, individuals can start by researching companies with strong fundamentals and growth potential in the sector. They can then open a brokerage account with a reputable platform, conduct a thorough analysis, and place buy orders for the selected stocks. It’s essential to stay informed about industry trends and economic indicators that may impact stock prices.

Performance Metrics Of Iron & Steel Stocks Below 500

Performance Metrics Of Iron & Steel Stocks Below 500 Rs encompass Operating Margin, which indicates a company’s operational efficiency by quantifying its profitability. This metric provides insight into the effectiveness of the company’s operations in generating profits within this price range.

1. Price-to-Earnings Ratio (P/E): Indicates the stock’s valuation relative to its earnings.

2. Price-to-Book Ratio (P/B): Compares the stock’s market value to its book value.

3. Return on Equity (ROE): Measures the profitability of a company relative to shareholders’ equity.

4. Debt-to-Equity Ratio: Evaluate the company’s financial leverage and risk.

5. Dividend Yield: Reflects the percentage return on investment from dividends.

6. Earnings Per Share (EPS): Indicates a company’s profitability on a per-share basis.

7. Revenue Growth: This shows the rate at which a company’s revenue is increasing over time.

Benefits Of Investing In Iron & Steel Stocks Below 500

The Benefits Of Investing In Iron and steel Stocks Below 500 Rs include the potential for an inflation hedge, as rising inflation tends to drive up prices of raw materials such as steel, potentially enhancing the profitability of steel companies within this price range.

1. Growth Potential: These stocks may offer significant growth opportunities, especially in emerging markets where infrastructure development is robust.

2. Diversification: Adding iron & steel stocks to a portfolio can diversify risk, especially for investors heavily exposed to other sectors.

3. Cyclical Nature: Iron & steel stocks tend to perform well during economic expansions, providing a hedge against economic downturns.

4. Dividend Income: Some iron & steel companies distribute dividends, offering additional income streams for investors.

5. Infrastructure Spending: Increased government spending on infrastructure projects can drive demand for iron & steel products, benefiting related stocks.

Challenges Of Investing In Iron & Steel Stocks Below 500

Challenges Of Investing In Iron & Steel Stocks Below 500 Rs include the possibility of technological disruption, as advancements in technology and the emergence of alternative materials may disrupt conventional iron and steel markets, presenting sustained challenges for companies operating within this sector.

1. Price Volatility: Iron & steel stocks are sensitive to changes in commodity prices, economic conditions, and global demand, leading to high price volatility.

2. Cyclical Nature: The industry is cyclical, with periods of boom and bust driven by economic cycles, making timing investments challenging.

3. Regulatory Risks: Iron & steel companies are subject to environmental regulations, trade policies, and tariffs, which can impact operations and profitability.

4. Capital Intensity: The industry requires significant capital investment in infrastructure and equipment, leading to high fixed costs and potential financial strain during downturns.

5. Competition: Intense competition within the industry, both domestically and internationally, can pressure profit margins and market share.

6. Economic Sensitivity: Iron & steel demand is closely tied to economic conditions, making stocks vulnerable to recessions and economic slowdowns.

Introduction to Iron & Steel Stocks below 500

KIOCL Ltd

The Market Cap of KIOCL Ltd is  Rs 27,331.47 crore. The stock has a monthly return of 14.59% and a 1-year return of 106.14%. It is currently 35.96% away from its 52-week high.

KIOCL Limited, headquartered in India, is primarily involved in iron ore mining, beneficiation, and production of high-quality pellets. The company has expanded its operations to include maintenance services and mineral exploration in its key areas of expertise. Its product range includes iron ore pellets and pig iron castings. 

The company offers operation and maintenance services for various projects, including the Donimalai Beneficiation and Pellet Plant, the Kaliapani Chrome Ore Beneficiation Plant, and mineral exploration activities. KIOCL’s pellets are widely used in blast furnaces across steel mills in countries such as Australia, China, Japan, Taiwan, and Turkey. Additionally, these pellets have found applications in steel plants in Hungary, Yugoslavia, the USA, West Germany, Poland, Czechoslovakia, Indonesia, and direct reduction plants in India.

Usha Martin Ltd

The Market Cap of Usha Martin Ltd is Rs. 11363.83 crores. The stock’s monthly return is 8.15%. Its one-year return is 70.26%. The stock is 6.26% away from its 52-week high.

Usha Martin Limited is an Indian company that specializes in providing steel wire rope solutions. In addition to manufacturing wires, low relaxation prestressed concrete steel strands (LRPC), customized end-fittings, accessories, and related services, the company operates in two main segments: wire and Wire ropes and Others. 

The Wire and Wire ropes segment focuses on producing and selling steel wires, strands, wire ropes, cords, accessories, wire drawing equipment, and other related products. Meanwhile, the Others segment manufactures and sells jelly-filled and optical fiber telecommunication cables. Usha Martin offers various types of wire ropes for applications such as cranes, mining, elevators, oil and offshore operations, fishing, general engineering, aerial transportation, structures, and conveyors. 

Sarda Energy & Minerals Ltd

The Market Cap of Sarda Energy & Minerals Ltd is Rs. 9299.34 crore. The stock’s monthly return is 27.64%. Its one-year return is 137.25%. The stock is 6.17% away from its 52-week high.

Sarda Energy & Minerals Limited is an Indian company in the metal, mining, and power sectors. The company is divided into segments such as Steel, Ferro, and Power, offering a range of products including sponge iron, billets, ferroalloys, wire rods, HB wires, iron ore, thermal power, hydropower, and pellets. Sponge iron is produced for internal use in creating steel ingots and billets using an induction furnace route. 

The company also manufactures and exports manganese-based ferroalloys to approximately 60 countries, which are essential in the production of mild steel and special steel. Subsidiaries of the company include Sarda Energy & Minerals Hongkong Limited and Sarda Global Venture Pte. Limited, Sarda Global Trading DMCC, Sarda Metals & Alloys Limited, Madhya Bharat Power Corporation Limited, Parvatiya Power Limited, Sarda Energy Limited, and Natural Resources Energy Private Limited.

ATMASTCO Ltd

The Market Cap of ATMASTCO Ltd is Rs. 652.50 crore. The stock’s monthly return is 69.10%. Its one-year return is 202.15%. The stock is 0.50% away from its 52-week high.

ATMASTCO Limited is dedicated to transforming metal fabrication, EPC projects, and specialty equipment supply in India and worldwide, with a focus on empowering industries and enriching futures. Our goal is to provide innovative solutions, superior quality, and unmatched service to promote global excellence, build strong partnerships, and support sustainable development.

Gallantt Ispat Ltd

The Market Cap of Gallantt Ispat Ltd is Rs 5041.35 crore. The stock has a monthly return of 6.87% and a 1-year return of 247.03%. The stock is 8.04% away from its 52-week high.

Gallantt Ispat Limited is a company based in India that specializes in the manufacturing of iron and steel products. They offer a range of products including Sponge Iron, MS Billets, TMT Bars, wheat products, and Shalimar Gallantt. The Sponge Iron produced by the company is used internally to manufacture MS Billets, which are semi-finished products utilized in rolling mills to produce wire rods, bars, and rods for structural purposes. The TMT Bars produced by the company are made using M.S. Billets as the primary raw material. 

In addition to their steel business, Gallantt Ispat Ltd. also has a food grain division offering wheat flour products like Atta, Maida, Suji, and Bran. Their branded products are available for sale in various states across India including Uttar Pradesh, Bihar, West Bengal, Assam, Madhya Pradesh, Andhra Pradesh, and Karnataka. The company also has a presence in the real estate sector through their project Shalimar Gallantt located in Mahanagar, Lucknow.

Vardhman Special Steels Ltd

The Market Cap of Vardhman Special Steels Ltd is Rs. 2415.69 crore. The stock’s monthly return is 34.83%. Its one-year return is 57.20%. The stock is 15.54% away from its 52-week high.

Vardhman Special Steels Limited, an India-based company, specializes in manufacturing special and alloy steels. The company produces high-quality billets and hot-rolled bars for various industries including engineering, automotive, tractor, bearing, and related sectors. Their product range includes hot rolled, rounded corner square, peeled and reeled bars, peeled and ground bars, drawn and ground bars, and heat treatment bars. 

Vardhman Special Steels Limited offers a wide variety of steels in different types and sizes, such as Carbon Steel, Carbon Manganese Steel, Case Hardening Steel, Chrome Steel, Chrome Manganese Steel, Chrome-Moly Steel, Nickel Chrome / Nickel Chrome Moly Steel, Through Hardening Steel, Boron Steel, Micro Alloyed Steel, Vanadium Steel, Nitriding Steel, Ball Bearing Steel, Free/Semi Free Cutting Steel, Spring Steel, and High Titanium Steel. The company utilizes various technologies including Steel Melting, Bright Bar, Rolling Mill, and Heat Treatment in its manufacturing process.

Bharat Wire Ropes Ltd

The Market Cap of Bharat Wire Ropes Ltd is Rs. 2000.43 crore. The stock’s monthly return is -7.69%. Its one-year return is 67.60%. The stock is 39.53% away from its 52-week high.

Bharat Wire Ropes Limited is a company that specializes in the manufacturing of steel wire ropes. The company’s primary focus is on producing and selling a variety of wire and wire rope products, such as wire ropes, slings, strands, and steel wire. Their product range includes crane ropes for ports, large-diameter spiral strands for structures and bridges, elevator ropes, high-performance mining ropes, long-life-cycle fishing ropes, onshore and offshore ropes, swaged ropes, and special ropes for the construction sector. 

Additionally, they manufacture wire rope slings for hoisting, harnessing, and fastening purposes. Their structural strands are commonly used in the construction of bridges, roofs, and suspended structures. The company also offers stay wires that meet international standards and are available with different coatings. Bharat Wire Ropes Limited has a global presence, with markets in various countries including Europe, the United States, the Middle East, Nepal, New Zealand, Australia, Singapore, South Africa, Vietnam, and others.

JTL Industries Ltd

The Market Cap of JTL Industries Ltd is Rs. 4255.34 crore. The stock’s monthly return is 10.99%. Its one-year return is 52.75%. The stock is 16.44% away from its 52-week high.

JTL Industries Limited, an Indian company, specializes in manufacturing electric resistance welded (ERW) steel pipes, including section pipes and tubes. The company is involved in producing and selling iron and steel products under various brands like JTL MS Structura, JTL Jumbo, JTL Ultra, JTL Jal Jaan, JTL Galva Flow, JTL Surya Kiran, JTL Agnirodhi, JTL Road Guard, and JTL Uniq. Their product range includes value-added offerings like hot-dipped galvanized steel tubes, solar module mounting structures, and large-diameter steel tubes used in various sectors such as agriculture, water distribution, energy, engineering, heavy vehicles, construction, building materials, and infrastructure. 

With manufacturing facilities in Derabassi and Mandi Gobindgarh in Punjab, Raipur in Chattisgarh, and Mangaon in Maharashtra, the company also exports its products to countries such as Germany, Belgium, Greece, the West Indies, and Hong Kong among others.

D P Wires Ltd

The Market Cap of D P Wires Ltd is Rs. 777.27 crores. The stock’s monthly return is 6.69%. Its one-year return is 38.61%. The stock is 36.89% away from its 52-week high.

D P Wires Limited, an India-based company, specializes in the manufacturing and distribution of steel wires, plastic pipes, and plastic films. The company offers a range of products including LRPC Strands, induction tempered wire, steel wire, and geomembrane sheet, serving industries such as oil & gas, power, environmental, civil engineering, energy, automotive, and infrastructure. 

Additionally, the company supplies polyethylene film, pond-lining film, HDPE film, cap covers, wires, and other related products. D P Wires Limited exports its products to various countries including Nepal, Oman, Doha, Muscat, and Sri Lanka. Apart from its core business, the company is involved in power generation through two wind farms, each with a capacity of 0.80 megawatts, situated in village Okha-Madhi and Jodhpur in Jamnagar district.

Tinplate Company of India Ltd

The Market Cap of the Tinplate Company of India Ltd is Rs. 4505.94 crores. The stock’s monthly return is 1.00%. Its one-year return is 30.91%. The stock is 7.29% away from its 52-week high.

The Tinplate Company of India Limited, an Indian firm, specializes in manufacturing tin-coated and tin-free steel sheets. The company primarily focuses on producing electrolytic tinplate, and selling tinplate products and scrap, among other offerings. Their product range includes electrolytic tinplate (ETP), Tin Free Steel (TFS)/Electro-Chromium-Coated-Steel (ECCS), and Lacquered/Coated Electrolytic Tinplate Sheets. 

ETP is a mild steel sheet coated with tin on both sides using continuous electrolytic processes, forming a layer of tin iron between the steel base and a shiny tin layer when melted. TFS/ECCS is an electrolytic chrome-plated steel with a thin layer of metal chromium and hydrated chromium oxide on the base, providing a lustrous metallic appearance on its surfaces. The company has subsidiaries such as Tata Sons Private Limited, The Tata Pigments Limited, Tata Steel BSL Limited, and others.

Top Iron & Steel Stocks below 500 – FAQs

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.