URL copied to clipboard
Iron & Steel Stocks with High ROCE English

5 min read

Iron & Steel Stocks with High ROCE

The table below shows Iron & Steel Stocks with High ROCE based on the Highest Market Capitalization.

NameMarket Cap (Cr)ROCEClose Price
Lloyds Metals And Energy Ltd38,667.02111.49748.95
Jai Balaji Industries Ltd16,476.1785.47920.60
Godawari Power and Ispat Ltd14,281.7031.241,042.45
Venus Pipes and Tubes Ltd4,575.5639.472,273.30
Jayaswal Neco Industries Ltd4,534.5636.4146.74
JTL Industries Ltd4,273.4636.79212.24
Shivalik Bimetal Controls Ltd3,794.6839.63666.50
Goodluck India Ltd3,082.3334.67938.45

What Are The Iron & Steel Stocks with High ROCE?

Iron and steel stocks refer to shares of companies involved in the production and distribution of iron and steel products. These stocks are indicators of the companies’ performance in the iron and steel industry. High ROCE in this context signifies efficient profit generation and resource management, making these stocks attractive to investors. Key examples include Tata Steel, JSW Steel, and SAIL.

Features Of Iron & Steel Stocks with High ROCE

The main features of iron and steel stocks with high ROCE include strong operational efficiency, effective capital utilization, consistent profitability, and robust market position.

  • Strong Operational Efficiency: These companies exhibit high productivity and cost management, ensuring optimal use of resources to maximize output and minimize waste.
  • Effective Capital Utilization: High ROCE indicates that the company efficiently uses its capital to generate profits, reflecting prudent investment decisions and strategic financial management.
  • Consistent Profitability: Companies with high ROCE consistently achieve substantial profits, showcasing their ability to generate returns above the cost of capital over time.
  • Robust Market Position: These firms often hold significant market share and competitive advantage in the iron and steel industry, contributing to their strong financial performance.

Best Iron & Steel Stocks with High ROCE

The table below shows the Best Iron & Steel Stocks with High ROCE based on 1 Year Return.

Name1Y Return %ROCE
Sharda Ispat Ltd581.8952.75
Jai Balaji Industries Ltd565.7285.47
Supreme Engineering Ltd264.00206.68
ATMASTCO Ltd220.2031.99
Suraj Products Ltd176.8732.74
E L Forge Ltd156.69269.51
Uni-Abex Alloy Products Ltd148.0857.37
Pennar Industries Ltd119.3926.00

Iron & Steel Stocks With High ROCE List

The table below shows Iron & Steel Stocks With High Roce List based on the highest day Volume.

NameDaily VolumeROCE
JTL Industries Ltd3,644,714.0036.79
Pennar Industries Ltd444,644.0026.00
Supreme Engineering Ltd442,522.00206.68
Lloyds Metals And Energy Ltd357,726.00111.49
Godawari Power and Ispat Ltd300,350.0031.24
Venus Pipes and Tubes Ltd294,229.0039.47
Jayaswal Neco Industries Ltd238,931.0036.41
Kamdhenu Ltd155,477.0027.09

Factors To Consider When Investing In Iron & Steel Stocks with High ROCE

The main factors to consider when investing in iron and steel stocks with high ROCE include financial stability, industry trends, management quality, and market competition.

  • Financial Stability: Assess the company’s balance sheet, debt levels, and cash flow to ensure it can sustain operations and grow without financial distress.
  • Industry Trends: Monitor global demand, raw material prices, and regulatory changes impacting the iron and steel industry, as these factors significantly influence profitability and stock performance.
  • Management Quality: Evaluate the experience, track record, and strategic vision of the company’s management team to ensure they can navigate industry challenges and drive growth.
  • Market Competition: Analyze the competitive landscape to understand the company’s market position and ability to maintain or grow its market share in a competitive industry.

How To Invest In Iron & Steel Stocks with High ROCE?

To invest in iron and steel stocks with high ROCE, open a brokerage account, and research companies with strong financials and efficient capital use. Analyze industry trends and management quality. Use your brokerage account to purchase shares of selected companies. Consider diversification through mutual funds or ETFs focused on high-performing iron and steel companies to spread risk and enhance returns.

Advantages Of Investing In Iron & Steel Stocks with High ROCE

The main advantages of investing in iron and steel stocks with high ROCE include strong profitability, efficient capital use, potential for growth, and market resilience.

  • Strong Profitability: Companies with high ROCE consistently generate substantial profits, providing investors with the potential for higher returns on their investments.
  • Efficient Capital Use: High ROCE indicates that the company uses its capital effectively, ensuring that investments are productive and contribute significantly to overall profitability.
  • Potential for Growth: High ROCE stocks often have strong fundamentals and the ability to reinvest earnings into growth opportunities, leading to long-term capital appreciation for investors.
  • Market Resilience: Companies with high ROCE typically possess robust market positions and competitive advantages, helping them withstand market volatility and economic downturns better than their peers.

Risks Of Investing In Iron & Steel Stocks with High ROCE

The main risks of investing in iron and steel stocks with high ROCE include market volatility, the cyclical nature of the industry, regulatory changes, and dependency on global demand.

  • Market Volatility: Iron and steel stocks can experience significant price fluctuations due to changes in economic conditions, commodity prices, and investor sentiment, leading to potential short-term losses.
  • Cyclical Industry: The iron and steel industry is highly cyclical, with profitability closely tied to economic cycles. During downturns, demand for steel products may decline, impacting company revenues and stock performance.
  • Regulatory Changes: Changes in environmental regulations, trade policies, and tariffs can affect the operational costs and market access for iron and steel companies, influencing their profitability and stock prices.
  • Dependency on Global Demand: Iron and steel companies rely heavily on global demand for their products. Economic slowdowns or disruptions in key markets can reduce demand, affecting sales and profitability.

Introduction to Iron & Steel Stocks with High ROCE

Lloyds Metals And Energy Ltd

The Market Cap of Lloyds Metals And Energy Ltd is ₹38,667.02 crore. The stock has a monthly return of -0.70% and a 1-year return of 26.14%. It is 4.95% away from its 52-week high.

Lloyds Metals and Energy Ltd is a key player in iron ore extraction and processing, operating one of India’s largest integrated steel plants. The company focuses on enhancing its production capacity and efficiency through technological advancements.

Additionally, the company engages in power generation, creating a diversified revenue stream. Its strategic investments and sustainable practices contribute to its strong market presence and profitability.

Jai Balaji Industries Ltd

The Market Cap of Jai Balaji Industries Ltd is ₹16,476.17 crore. The stock has a monthly return of 1.58% and a 1-year return of 565.72%. It is 42.73% away from its 52-week high.

Jai Balaji Industries Ltd is a major steel manufacturer, producing billets, TMT bars, and sponge iron. The company operates multiple integrated steel plants across eastern India, ensuring robust production capabilities.

Focused on quality and innovation, Jai Balaji continuously modernizes its facilities. Its strategic expansions and customer-centric approach drive growth and strengthen its competitive market position.

Godawari Power and Ispat Ltd

The Market Cap of Godawari Power and Ispat Ltd is ₹14,281.70 crore. The stock has a monthly return of -6.85% and a 1-year return of 84.71%. It is 17.41% away from its 52-week high.

Godawari Power and Ispat Ltd excel in steel manufacturing and power generation, operating an integrated steel plant and captive power units. The company’s efficient resource utilization ensures sustainable operations and profitability.

A significant player in India’s steel industry, Godawari emphasizes sustainability and innovation. Its diversified product portfolio and strategic expansions support robust market growth and competitiveness.

Venus Pipes and Tubes Ltd

The Market Cap of Venus Pipes and Tubes Ltd is ₹4,575.56 crore. The stock has a monthly return of 3.85% and a 1-year return of 82.23%. It is 4.74% away from its 52-week high.

Venus Pipes and Tubes Ltd is a leading manufacturer of stainless steel pipes and tubes, catering to sectors like oil and gas, petrochemicals, and construction. The company is renowned for its high-quality products and customer-focused service.

With state-of-the-art manufacturing facilities, Venus ensures timely delivery and satisfaction. Its continuous investment in technology and innovation drives market growth and competitiveness.

Jayaswal Neco Industries Ltd

The Market Cap of Jayaswal Neco Industries Ltd is ₹4,534.56 crore. The stock has a monthly return of -9.68% and a 1-year return of 65.74%. It is 39.92% away from its 52-week high.

Jayaswal Neco Industries Ltd is a prominent producer of castings, billets, and pig iron, operating several manufacturing units across India. The company’s commitment to quality and customer satisfaction has established its strong market presence.

Strategic investments in capacity expansion and modernization enhance its operational efficiency. Jayaswal Neco’s focus on sustainable practices supports long-term growth and competitiveness in the steel and foundry sectors.

JTL Industries Ltd

The Market Cap of JTL Industries Ltd is ₹4,273.46 crore. The stock has a monthly return of 2.28% and a 1-year return of 19.30%. It is 30.98% away from its 52-week high.

JTL Industries Ltd specializes in galvanized steel pipes and tubes, serving industries like agriculture, construction, and infrastructure. The company’s dedication to quality and innovation underpins its market success.

Strategic expansions and a robust distribution network enable JTL to maintain a strong market presence. Its focus on customer satisfaction drives continuous growth and competitiveness.

Shivalik Bimetal Controls Ltd

The Market Cap of Shivalik Bimetal Controls Ltd is ₹3,794.68 crore. The stock has a monthly return of 19.59% and a 1-year return of -5.09%. It is 8.78% away from its 52-week high.

Shivalik Bimetal Controls Ltd manufactures bimetal and trimetal products for the automotive, electrical, and electronics industries. The company’s innovative solutions enhance efficiency and performance in various applications.

With advanced manufacturing facilities and strong R&D capabilities, Shivalik drives product development and market competitiveness. Strategic partnerships and expansions support its growth trajectory in the bimetal sector.

Goodluck India Ltd

The Market Cap of Goodluck India Ltd is ₹3,082.33 crore. The stock has a monthly return of 4.38% and a 1-year return of 94.77%. It is 24.54% away from its 52-week high.

Goodluck India Ltd is a diversified manufacturer of galvanized sheets, pipes, structures, and forgings, catering to infrastructure, automotive, and engineering industries. The company’s commitment to quality has established a strong market presence.

Investments in technology and capacity expansion drive its growth and operational efficiency. Goodluck India’s customer-focused approach ensures sustained market competitiveness and profitability.

Top Iron & Steel Stocks with High ROCE – FAQs  

1. What Are Top Iron & Steel Stocks with High ROCE?

Top Iron & Steel Stocks with High ROCE # 1: Lloyds Metals And Energy Ltd
Top Iron & Steel Stocks with High ROCE # 2: Jai Balaji Industries Ltd
Top Iron & Steel Stocks with High ROCE # 3: Godawari Power and Ispat Ltd
Top Iron & Steel Stocks with High ROCE # 4: Venus Pipes and Tubes Ltd
Top Iron & Steel Stocks with High ROCE # 5: Jayaswal Neco Industries Ltd

2. What are the Best Iron & Steel Stocks with High ROCE?

Top Iron & Steel stocks with high ROCE based on 1-year return include Sharda Ispat Ltd, Jai Balaji Industries Ltd, Supreme Engineering Ltd, ATMASTCO Ltd, and Suraj Products Ltd.

3. Is It Good To Invest In Iron & Steel Stocks with High ROCE?

Yes, investing in iron and steel stocks with high ROCE is beneficial due to strong profitability and efficient capital use, offering the potential for high returns.

4. Can I Buy Iron & Steel Stocks with High ROCE?

Yes, you can buy iron and steel stocks with high ROCE by researching companies, analyzing financials, and using online brokerage platforms to purchase shares.

5. How To Invest In Iron & Steel Stocks with High ROCE?

To invest in Iron & Steel Stocks with High ROCE research companies with high ROCE, analyze their financials, and use online brokerage platforms to invest. Consider diversification through mutual funds or ETFs focused on the iron and steel sector.

We hope you’re clear on the topic, but there’s more to explore in stocks, commodities, mutual funds, and related areas. Here are important topics to learn about.

Shares Below 50BSE Bharat 22 IndexBest MNC Mutual Fund In IndiaCentral Bank Of India PortfolioTextile Stocks with High DII Holding
Shares Below 1Bse Sensex Next 50Best mutual fund in india for long termKeswani Haresh PortfolioAgricultural Stocks with High ROCE
Automobile Stocks Below 500Highest p/e ratio stocksSmall Cap Stocks 100Ricky Ishwardas Kirpalani PortfolioAlcohol Stocks with High ROCE
Electrical Equipment Stocks Below 500most active stocks by volume in nseSmall Cap Stocks Under 500 RsGirish Gulati PortfolioAuto Part Stocks with High ROCE
Advertising stocks under 500Safe Investments With High Returns In IndiaSmall Cap Green Energy StocksFundamentally Strong Micro Cap StocksBusiness Support Service Stocks with High ROCE
Best Food Penny StocksHigh Volume Stocks in IndiaSmall cap stocks in BSEFundamentally Strong Stocks Under 200Cable Stocks with High ROCE
Best Industrial Machinery Penny StocksMost Undervalued StocksSmall Cap Healthcare StocksFundamentally Strong Stocks Under 300Construction Stocks with High ROCE
Best Iron & Steel Penny StocksPower Transmission Stocks With High Dividend YieldMid Cap Real Estate StocksFundamentally Strong Small Cap StocksBattery Stocks with High ROCE
Best Plastic Penny StocksFootwear Stocks With High Dividend YieldMid Cap IT Services StocksFundamentally Strong Undervalued StocksLaminate Stocks with High ROCE
Best Tea & Coffee Penny StocksBest Debt Free Stocks under Rs 1000Mid Cap Iron & Steel StocksBest Performing Stocks in Last 5 YearsPipe Stocks with High ROCE
NBFC StocksDebt Free Stocks Under 5Mid Cap Private Banks StocksBest Performing Stocks Last 1 MonthCement Stocks with High ROCE
REIT Stocks ListDebt Free Stocks Under 20Mid cap stocks in BSEBest Performing Stocks in Last 10 YearsCommodity Chemical Stocks with High ROCE
Stationery stocksDebt Free Stocks Under 200 RsLarge cap stocks under 100Best Performing Stocks in Last 6 MonthsConglomerate Stocks with High ROCE
Travel StocksDebt Free Stocks Below 100Large cap stocks under 200Best Performing Stocks in Last 1 YearsEducation Stocks with High ROCE
Vehicle StocksDebt Free Auto Parts StocksLarge cap stocks under 500Top Personal Product Stocks with High FII HoldingElectronic Equipment Stocks with High ROCE
Nifty 100 Equal WeightLong Term Real Estate StocksLarge cap stocks in BSETop Auto Parts Stocks with High FII HoldingFertilizer Stocks with High ROCE
Nifty 200 Momentum 30Long Term Software Services StocksLarge Cap IT Services StocksTop Pipe Stocks with High FII HoldingFMCG Food Stocks with High ROCE
Nifty 100 Low Volatility 30Long term Insurance StocksList of ICICI StocksTop Electronic Equipment Stocks with High FII HoldingTobacco Stocks with High ROCE
Nifty200 Alpha 30Long term Packaging stocksHinduja stocksTop Hospital Stocks with High FII HoldingFootwear Stocks with High ROCE
Nifty100 Alpha 30Long Term Fertilizers StocksList Of HDFC stocksTire & Rubber Stocks with High DII HoldingTop Performed Dividend Yield Fund in 10 years
BSE 100Best Dividend Yield FundList of Larsen and Toubro StocksFertilizer Stocks with High DII HoldingTop Performed ELSS Fund in 10 years
Sensex CompaniesBest Target Maturity FundChidambaram Group StocksPersonal Product Stocks with High DII HoldingTop Performed Flexi Cap Fund in 10 years
BSE 100 LargeCap TMC IndexBest Value FundAtim Kabra PortfolioIndustrial Machinery Stocks with High DII HoldingTop Performed Thematic Fund in 10 years

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.

All Topics
Related Posts
Finance

Best Ship Building Stocks In India

The table below shows the best ship building stocks in India based on the highest market capitalization. Name Market Cap (Cr) Close Price Mazagon Dock

Finance

Best Three-Wheelers Stocks In India

The table below shows the best three wheeler stocks in India based on the highest market capitalization. Name Market Cap (Cr) Close Price Mahindra and

AU Small Finance Bank Fundamental Analysis English
Finance

AU Small Finance Bank Fundamental Analysis

AU Small Finance Bank Ltd’s fundamental analysis highlights key financial metrics including market capitalization of ₹46,974.68 crore, PE ratio of 30.61, and return on equity