The table below shows the long term iron & steel stocks based on the Highest Market Capitalization.
Name | Market Cap (Cr) | Close Price | 5Y CAGR % |
JSW Steel Ltd | 232454.5 | 942.85 | 29.07 |
Tata Steel Ltd | 218099.78 | 172.48 | 29.78 |
Jindal Steel And Power Ltd | 105305.03 | 1027.0 | 49.95 |
Bharat Forge Ltd | 77858.06 | 1675.1 | 30.1 |
Jindal Stainless Ltd | 68163.92 | 819.5 | 91.68 |
Steel Authority of India Ltd | 64275.1 | 156.21 | 27.58 |
Lloyds Metals And Energy Ltd | 34609.41 | 756.9 | 142.46 |
KIOCL Ltd | 28530.88 | 486.9 | 31.48 |
PTC Industries Ltd | 21356.75 | 14571.5 | 144.9 |
Jai Balaji Industries Ltd | 16335.19 | 914.0 | 105.44 |
Content:
- What is Long Term Iron & Steel Stock?
- Features Of Long Term Iron & Steel Stocks
- Best Long Term Iron & Steel Stocks
- Top Long Term Iron & Steel Stocks
- Long Term Iron & Steel Stocks List
- Factors To Consider When Investing In Long Term Iron & Steel Stocks
- How To Invest In Long Term Iron & Steel Stocks?
- Advantages Of Investing In Long Term Iron & Steel Stocks?
- Risks Of Investing In Long Term Iron & Steel Stocks?
- Introduction to Long Term Iron & Steel Stocks
- Long Term Iron & Steel Stocks – FAQs
What is Long Term Iron & Steel Stock?
Long-term iron and steel stock refers to investments in companies engaged in the production and distribution of iron and steel products. These stocks are held over an extended period, aiming to benefit from the industry’s cyclical growth, infrastructure development, and the increasing demand for construction and manufacturing materials.
Features Of Long Term Iron & Steel Stocks
The main features of long-term iron and steel stocks are their stability and potential for steady growth. These stocks are often considered reliable investments due to their established market presence and consistent demand in various industries. Additionally, they can provide investors with attractive dividend yields, making them a favorable option for those seeking income along with capital appreciation.
1. Industry Resilience: The iron and steel industries have shown resilience during economic downturns, maintaining steady demand due to their fundamental role in infrastructure and construction.
2. Dividend Potential: Many iron and steel companies offer substantial dividends, providing a consistent income stream for long-term investors.
3. Capital Appreciation: Over time, iron and steel stocks have the potential for capital growth as the industry expands and modernizes, contributing to increased stock value.
4. Economic Indicators: These stocks often reflect broader economic trends, serving as a barometer for industrial health and economic cycles.
5. Global Demand: The continuous global demand for iron and steel, driven by emerging markets and infrastructure development, supports the long-term growth prospects of these stocks.
Best Long Term Iron & Steel Stocks
The table below shows the best long term iron & steel stocks based on the highest day Volume.
Name | Close Price | Daily Volume (Shares) |
Steel Authority of India Ltd | 156.21 | 32143619.0 |
Tata Steel Ltd | 172.48 | 30651717.0 |
Steel Exchange India Ltd | 13.73 | 5469880.0 |
Salasar Techno Engineering Ltd | 18.97 | 5286719.0 |
Prakash Industries Ltd | 207.96 | 3116794.0 |
JSW Steel Ltd | 942.85 | 1507949.0 |
Bharat Forge Ltd | 1675.1 | 1489109.0 |
Welspun Corp Ltd | 616.4 | 1430750.0 |
Jindal Steel And Power Ltd | 1027.0 | 1394534.0 |
Sunflag Iron and Steel Co Ltd | 265.25 | 1387295.0 |
Top Long Term Iron & Steel Stocks
The table below shows top long term iron & steel stocks based on the PE Ratio.
Name | Close Price | PE Ratio |
Nava Limited | 745.3 | 8.7 |
Indian Metals and Ferro Alloys Ltd | 730.0 | 10.35 |
Prakash Industries Ltd | 207.96 | 10.5 |
Maithan Alloys Ltd | 1237.0 | 11.58 |
Beekay Steel Industries Ltd | 760.0 | 12.23 |
Godawari Power and Ispat Ltd | 1101.8 | 17.08 |
Kalyani Steels Ltd | 1007.0 | 17.43 |
Bharat Wire Ropes Ltd | 260.2 | 18.13 |
Jai Balaji Industries Ltd | 914.0 | 18.33 |
Jindal Steel And Power Ltd | 1027.0 | 19.76 |
Long Term Iron & Steel Stocks List
The table below shows the long term iron & steel stocks list based on 1 Year Return.
Name | Close Price | 1Y Return % |
Jai Balaji Industries Ltd | 914.0 | 988.1 |
Gallantt Ispat Ltd | 338.5 | 362.43 |
PTC Industries Ltd | 14571.5 | 258.53 |
MSP Steel & Power Ltd | 27.8 | 217.71 |
Kalyani Steels Ltd | 1007.0 | 188.79 |
Prakash Industries Ltd | 207.96 | 170.78 |
KIOCL Ltd | 486.9 | 159.61 |
Nava Limited | 745.3 | 140.07 |
Jindal Stainless Ltd | 819.5 | 130.62 |
Goodluck India Ltd | 970.4 | 117.14 |
Factors To Consider When Investing In Long Term Iron & Steel Stocks
The factors to consider when investing in long-term iron and steel stocks include analyzing the company’s financial health, market demand, and competitive positioning, among others. Ensuring a thorough understanding of these elements can help in making informed investment decisions.
1. Economic Cycles: The iron and steel industries are highly sensitive to economic cycles, and their performance often mirrors the broader economy’s health.
2. Supply Chain Stability: Evaluating the stability and efficiency of the company’s supply chain is crucial to understanding its ability to meet demand and manage costs.
3. Technological Advancements: Companies that invest in advanced technologies and innovative processes often have a competitive edge in production efficiency and product quality.
4. Regulatory Environment: Changes in environmental regulations and trade policies can significantly impact the iron and steel sector, affecting both operational costs and market access.
5. Global Market Trends: Monitoring global trends, including infrastructure developments and industrial growth in emerging markets, can provide insights into future demand for iron and steel products.
How To Invest In Long Term Iron & Steel Stocks?
To invest in long-term iron and steel stocks, research the industry’s market trends and company fundamentals. Choose a reliable stockbroker like Alice Blue, and open an account here. Diversify your portfolio and regularly monitor your investments to ensure they align with your financial goals.
Advantages Of Investing In Long Term Iron & Steel Stocks?
The primary advantages of investing in long-term iron and steel stocks include consistent demand due to the fundamental role these materials play in infrastructure and construction, ensuring a stable market presence.
- Economic Growth Correlation: Iron and steel stocks typically benefit from economic expansion, as construction and industrial activities increase.
- Dividend Payments: Many established iron and steel companies offer regular dividends, providing a steady income stream.
- Inflation Hedge: These stocks often act as a hedge against inflation since commodity prices tend to rise with inflation.
- Diversification: Adding iron and steel stocks to a portfolio can provide diversification, reducing overall investment risk.
- Technological Advancements: Continuous innovation in production processes can lead to improved efficiency and profitability for iron and steel companies.
Risks Of Investing In Long Term Iron & Steel Stocks?
The main risk of investing in long-term iron and steel stocks is their sensitivity to economic cycles, which can lead to significant volatility and impact returns.
- Market Cyclicality: The iron and steel industry is highly cyclical, meaning it can experience sharp downturns during economic recessions.
- Global Competition: Intense international competition can impact market share and profitability for domestic companies.
- Regulatory Changes: Environmental and safety regulations can lead to increased operational costs and impact profits.
- Raw Material Costs: Fluctuations in the prices of raw materials like iron ore and coal can affect production costs and margins.
- Technological Disruptions: New technologies and alternative materials can disrupt traditional steel and iron industries, potentially reducing demand.
Introduction to Long Term Iron & Steel Stocks
JSW Steel Ltd
The Market Cap of JSW Steel Ltd is Rs. 232454.50 crores. The stock’s monthly return is 4.73%. Its one-year return is 16.32%. The stock is 1.76% away from its 52-week high.
JSW Steel Limited is an India-based holding company. The Company is primarily engaged in the business of manufacturing and sale of iron and steel products. It is an integrated manufacturer of a diverse range of steel products with its manufacturing facilities located at Vijayanagar Works in Karnataka, Dolvi Works in Maharashtra, and Salem Works in Tamil Nadu.
It also has a plate and coil mill division in Anjar, Gujarat. It manufactures and offers a portfolio of flat and long products, comprising hot rolled coils, sheets, and plates, cold rolled coils and sheets, galvanized and galvalume products, tinplate, non-grain oriented electrical steel, pre-painted galvanized and galvalume products, thermo-mechanically treated (TMT) bars, wire rods, rails, grinding balls, and special steel bars.
Tata Steel Ltd
The Market Cap of Tata Steel Ltd is Rs. 218099.78 crores. The stock’s monthly return is -2.97%. Its one-year return is 49.59%. The stock is 7.03% away from its 52-week high.
Tata Steel Limited is an India-based global steel company with an annual crude steel capacity of approximately 35 million tons per annum. The Company is primarily engaged in the business of manufacturing and distribution of steel products across the globe.
The Company and its subsidiaries have a presence across the value chain of steel manufacturing from mining and processing iron ore and coal to producing and distributing finished products. Its products include cold rolled (Non-branded), BP sheets, Galvano, HR commercial, hot rolled pickled and oiled and hot rolled skin passed pickled and oiled, high tensile steel strapping, pre-engineered buildings, projects/ tenders, construction and projects, and full hard cold rolled.
Jindal Steel And Power Ltd
The Market Cap of Jindal Steel And Power Ltd is Rs. 105305.03 crores. The stock’s monthly return is 2.14%. Its one-year return is 63.97%. The stock is 6.82% away from its 52-week high.
Jindal Steel and Power Limited is an India-based steel producer. It operates through three segments: Iron and steel products, Power, and Others. The Iron and steel products segment comprises of manufacturing of Steel products, sponge iron, pellets, and castings.
The Power segment comprises of business of power generation. The Others segment comprises mainly aviation, machinery division, and real estate. It is involved in the mining of iron ore. It is also engaged in the manufacturing of cement, lime, plaster, basic iron, and structural metal products. It also manufactures steam generators, except central heating hot water boilers.
Bharat Forge Ltd
The Market Cap of Bharat Forge Ltd is Rs. 77,858.06 crores. The stock’s monthly return is 4.86%. Its one-year return is 96.78%. The stock is 7.72% away from its 52-week high.
Bharat Forge Limited is an India-based global provider of safety and critical components and solutions to various sectors including automotive, railways, defense, construction and mining, aerospace, marine, and oil and gas. The Company’s segments include Forgings and Others. The Company is engaged in the manufacturing, assembling, and selling of forged and machined components, including aluminum castings for the auto and industrial sectors.
It is also engaged in the manufacturing and assembly of electric vehicle-related components. Its automotive products include engine, such as crankshaft, connecting rod, emission/after treatment and fuel injection system; chassis, such as front axle beams, steering knuckles, knuckle, fork and reinforcement bracket, and transmission and driveline, such as transmission components and driveline components.
Jindal Stainless Ltd
The Market Cap of Jindal Stainless Ltd is Rs. 68,163.92 crores. The stock’s monthly return is 0.70%. Its one-year return is 130.62%. The stock is 3.21% away from its 52-week high.
Jindal Stainless Limited is an India-based stainless-steel company. It is focused on manufacturing stainless steel in India. It offers a range of stainless steel products in 200 series, 300 series, 400 series, and duplex stainless steel grades. Its products include slabs, hot rolled coils, cold rolled coils, plates, and grades.
It offers its services to applications, such as architecture, buildings, and construction, automotive and transport, railway, consumer durables, process industry, plumbing, coin blanks, nuclear applications, and precision strip and blade steel. It operates a stainless-steel plant at Jaipur, Odisha with a capacity of 1.1 million tons per annum spread across approximately 800 acres.
Steel Authority of India Ltd
The market capitalization of Steel Authority of India Ltd is Rs. 64,275.10 crore. The stock’s monthly return is 2.52%. Its one-year return is 73.47%. The stock is 12.25% away from its 52-week high.
Steel Authority of India Limited is an India-based company that is engaged primarily in steel manufacturing business. The Company is engaged in the manufacturing and sale of iron and steel products. The Company’s business segments include five integrated steel plants and three alloy steel plants.
The Company’s steel plants include Bhilai Steel Plant, Chhattisgarh; Durgapur Steel Plant, West Bengal; Rourkela Steel Plant, Odisha; Bokaro Steel Plant, Jharkhand; IISCO Steel Plant, West Bengal; Alloy Steels Plant, West Bengal; Salem Steel Plant, Tamil Nadu; Visvesvaraya Iron and Steel Plant, Karnataka, and Chandrapur Ferro Alloy Plant, Maharashtra.
Lloyds Metals And Energy Ltd
The Market Cap of Lloyds Metals And Energy Ltd is Rs. 34,609.41 crore. The stock’s monthly return is 7.09%. Its one-year return is 68.97%. The stock is 3.84% away from its 52-week high.
Lloyds Metals and Energy Limited is an India-based company, which is engaged in the mining of iron ore, manufacturing of sponge iron, and generation of power. It operates through three segments: Sponge Iron, Mining, and Power. The Sponge Iron segment includes the production and manufacturing of sponge iron. The Mining segment includes the extraction of iron ore from mines. The Power segment includes the generation of power. The Company’s by-products include char, fly ash, bed materials, electrostatic precipitators (ESP) dust, and iron ore fines.
Its iron ore deposit consists mainly of hematite and goethite ore with varying amounts of other secondary derivatives such as limonite and lepidocrocite. The Company is a coal-based sponge iron manufacturer in Maharashtra with a production capacity of approximately 2,70,000 tons per annum (TPA), along with a captive power plant with 30 megawatts (MW) capacity. Its subsidiaries are Thriveni Lloyds Mining Private Limited and Lloyds Infinite Foundation.
KIOCL Ltd
The Market Cap of KIOCL Ltd is Rs. 28,530.88 crore. The stock’s monthly return is 9.65%. Its one-year return is 159.61%. The stock is 18.58% away from its 52-week high.
KIOCL Limited is an India-based company. The Company is primarily engaged in the business of iron ore mining, beneficiation, and production of high-quality Pellets. The Company has diversified into operation and maintenance (O&M) services and mineral exploration pertaining to its various core areas of expertise. Its products include iron ore pellets and pig iron castings.
Its services are engaged in O and M Projects, which are followed by O&M of Beneficiation and Pellet Plant at Donimalai, O&M of Chrome Ore Beneficiation Plant (COB) at Kaliapani, and Mineral Exploration Works. The Company’s pellets have been used in blast furnaces of steel mills in Australia, China, Japan, Taiwan, Turkey, and a host of other countries.
PTC Industries Ltd
The Market Cap of PTC Industries Ltd is Rs. 21356.75 crores. The stock’s monthly return is 34.45%. Its one-year return is 258.53%. The stock is 5.00% away from its 52-week high.
PTC Industries Limited is engaged in the business of manufacturing and selling of high precision metal castings. The Company manufactures products for various critical applications for a range of industries, including aerospace, defense, oil and gas, liquefied natural gas (LNG), ships and marine, valves and flow-control, power plants and turbines, pulp and paper machinery and mining and earth moving machinery.
It is engaged in the manufacturing of aerospace castings, industrial castings, and titanium and vacuum melt alloy castings. It also focuses on powder metallurgy, and precision computer numerical control (CNC) machining. Its advanced manufacturing includes design and simulation, research and innovation, rapid manufacturing, robotics and automation, vacuum melting and pouring, additive manufacturing, and smart manufacturing.
Jai Balaji Industries Ltd
The Market Cap of Jai Balaji Industries Ltd is Rs. 16,335.19 crores. The stock’s monthly return is 3.43%. Its one-year return is 988.10%. The stock is 43.76% away from its 52-week high.
Jai Balaji Industries Limited is engaged in the business of manufacturing iron and steel products. The Company’s products include sponge iron, pig iron, ductile iron pipe, ferrochrome, billet, thermo mechanically treated (TMT), coke, and sinter with captive power plant.
The Company’s actual production capabilities include approximately 4,45,000 tons per annum of direct reduced iron (DRI); over 509,250 tons per annum of pig iron; approximately 106,000 tons per annum of ferroalloys, and over 10,20,430 tons per annum of alloy and MS billets.
Long Term Iron & Steel Stocks – FAQs
Long-term iron and steel stocks refer to investments in companies that produce iron and steel, held for an extended period, typically several years or more, to capitalize on the industry’s growth and profitability over time.
The Best Long Term Iron & Steel Stocks #1:JSW Steel Ltd
The Best Long Term Iron & Steel Stocks #2:Tata Steel Ltd
The Best Long Term Iron & Steel Stocks #3:Jindal Steel And Power Ltd
The Best Long Term Iron & Steel Stocks #4:Bharat Forge Ltd
The Best Long Term Iron & Steel Stocks #5:Jindal Stainless Ltd
The top 5 stocks are based on market capitalization.
The Top Long Term Iron & Steel Stocks based on one-year returns are Jai Balaji Industries Ltd, Gallantt Ispat Ltd, PTC Industries Ltd, MSP Steel & Power Ltd, and Kalyani Steels Ltd.
Investing in long-term iron and steel stocks can be beneficial due to the essential role of these materials in construction and manufacturing, although market volatility and economic cycles can affect their performance.
To invest in long-term iron and steel stocks, open an account with a reputable stock broker, research potential companies, analyze their financial health, and purchase shares through the broker’s platform, ensuring a diversified portfolio to mitigate risks.
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.
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.