Nifty Metal Stocks

The table below shows the Nifty Metal Stocks  By highest market cap from highest to lowest.

Content:

• Nifty Metal Stocks Weightage 
• Introduction to Nifty Metal Stocks List 
• Nifty Metal Stocks – FAQ

Nifty Metal Stocks Weightage

The table below shows the Nifty Metal Stocks’s Weightage By highest to lowest.

Nifty Metal Stocks List

Adani Enterprises Ltd

The market capitalization of Adani Enterprises Ltd is ₹361,220.76 crore. It falls under the sub-category of Commodities Trading. Its one-year return percentage is 66.96%. The deviation from its 52-week high is 1.95%.

Adani Enterprises Limited, an Indian global integrated infrastructure firm, operates diverse businesses, including resource management, mining services, commercial mining, new energy, data centers, airports, roads, copper, digital, and FMCG. 

Its segments encompass resource management, mining services, commercial mining, new energy, airports, and roads, offering end-to-end services like procurement and logistics.

JSW Steel Ltd

The market capitalization of JSW Steel Ltd is ₹200,225.74 crore. It falls under the sub-category of Iron & Steel. Its one-year return percentage is 12.16%. The deviation from its 52-week high is 10.35%.

JSW Steel Limited, an Indian holding company, specializes in manufacturing and selling iron and steel products. Operating primarily from 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. 

Offering a diverse range of steel products, including hot rolled coils, sheets, and plates, cold rolled coils and sheets, galvanized and galvalume products, tinplate, electrical steel, pre-painted products, TMT bars, wire rods, rails, grinding balls, and special steel bars. 

Tata Steel Ltd

The market capitalization of Tata Steel Ltd is ₹177,893.72 crore. It falls under the sub-category of Iron & Steel. Its one-year return percentage is 27.01%. The deviation from its 52-week high is 4.32%. 

Tata Steel Limited, an India-based global steel firm, boasts an annual crude steel capacity of around 35 million tons. Primarily involved in manufacturing and distributing steel products worldwide, the company and its subsidiaries cover the steel value chain from mining and processing to distribution of finished goods. 

The product range includes various steel types such as cold rolled (Non-branded), BP sheets, Galvano, HR commercial, hot rolled pickled and oiled, and hot rolled skin passed pickled and oiled, among others. 

Hindalco Industries Ltd

The market capitalization of Hindalco Industries Ltd is ₹134,489.32 crore. It falls under the sub-category of Metals – Aluminium. Its one-year return percentage is 33.01%. The deviation from its 52-week high is 4.94%.

Hindalco Industries Limited, India’s premier metals company, specializes in manufacturing and distributing aluminum, copper, and related products globally. Operating across four segments – Novelis, Aluminium Upstream, Aluminium Downstream, and Copper – it spans continents, engaging in upstream activities like mining and refining and downstream ventures, including value-added aluminum products.

Hindustan Zinc Ltd

The market capitalization of Hindustan Zinc Ltd is ₹132,822.90 crore. It falls under the sub-category of Mining – Diversified. Its one-year return percentage is -4.48%. The deviation from its 52-week high is 10.04%.

Hindustan Zinc Limited, an Indian company, engages in mineral exploration, extraction, processing, and metal/alloy manufacturing. Its products include zinc, lead, silver, power, and alloys. Operations span five zinc-lead mines, four zinc smelters, and more in Rajasthan. 

Additionally, it operates in Uttarakhand with refining facilities and owns wind and solar plants nationwide.

Vedanta Ltd

The market capitalization of Vedanta Ltd is ₹103,495.61 crore. It falls under the sub-category of Metals – Diversified. Its one-year return percentage is -10.16%. The deviation from its 52-week high is 15.87%.

Vedanta Limited is an India-based natural resources company. The Company operates in oil and gas, zinc, lead, silver, copper, iron ore, steel, nickel, aluminum, power, and glass substrates. The Company’s product portfolio includes aluminum ingots, primary foundry alloys, wire rods, billets, and rolled products, which cater to various industries, such as power, transportation, construction and packaging, renewable, automobile, and aerospace, among others.

It produces iron ore and pig iron and caters to steelmaking, construction, and infrastructure sectors. It produces a range of copper products, including eight mm copper rod, 11.42 millimeter (mm)/12.45 mm/12.45 mm wax free, copper cathode and copper car bar with housing wires, winding wires and cables, transformer and electrical profile producers being its primary customers.  

Jindal Steel And Power Ltd

The market capitalization of Jindal Steel And Power Ltd is ₹78,085.62 crore. It falls under the sub-category of Iron & Steel. Its one-year return percentage is 27.54%. The deviation from its 52-week high is 5.65%.

Jindal Steel and Power Limited, an Indian steel producer, operates in three segments: Iron and steel products, Power, and Others. The Iron and steel products segment includes manufacturing steel products, sponge iron, pellets, and castings, while the Power segment focuses on power generation. 

The Others segment encompasses aviation, machinery, and real estate. Additionally, the company is involved in iron ore mining and manufacturing cement, lime, plaster, basic iron, and structural metal products.  

NMDC Ltd

The market capitalization of NMDC Ltd is 71,624.01 crore. It falls under the sub-category of Mining – Iron Ore. The one-year return percentage is 101.42%. The deviation from the 52-week high is 2.30%.

NMDC Limited, an Indian iron ore producer, explores minerals like copper, rock phosphate, and diamond. Its segments include Iron Ore, Pellet, and Other Minerals & Services.

Operating mechanized iron ore mines in Chhattisgarh and Karnataka, it also runs a diamond mine in Madhya Pradesh, producing over 40 million tons annually. Subsidiaries include Legacy Iron Ore Limited and NMDC Power Limited.

Steel Authority of India Ltd

The market capitalization of Steel Authority of India Ltd is 57,434.95 crore. It falls under the sub-category of Iron & Steel. The one-year return percentage is 56.59%. The deviation from the 52-week high is 12.23%.

Steel Authority of India Limited, an Indian company, primarily focuses on steel manufacturing. Its business encompasses the production and sale of iron and steel products. 

Operating through five integrated steel plants and three alloy steel plants, it includes facilities such as Bhilai, Durgapur, Rourkela, Bokaro, IISCO, Alloy Steels, Salem, Visvesvaraya, and Chandrapur.  

Jindal Stainless Ltd

The market capitalization of Jindal Stainless Ltd is 51,682.87 crore. It falls under the sub-category of Iron & Steel. The one-year return percentage is 131.28%. The deviation from the 52-week high is 5.21%.

Jindal Stainless Limited, an Indian stainless-steel firm, focuses on manufacturing stainless steel in various grades. Its product range includes slabs, coils, plates, and grades for diverse applications like architecture, automotive, and nuclear industries. 

Operating a plant in Jaipur, Odisha, with a capacity of 1.1 million tons per annum, it also runs a subsidiary, Jindal United Steel Limited, operating a Hot Strip Mill in Jajpur, Odisha.

Nifty Metal Stocks – FAQ

What is the meaning of the nifty metal index?

The Nifty Metal Index represents a group of metal sector stocks listed on the National Stock Exchange of India (NSE). It tracks the performance of these stocks, providing investors with insight into the metal industry’s overall trends and movements.

How many stocks are there in Nifty Metal?

The Nifty Metal Index consists of up to 15 stocks at most.

What is the weightage of Nifty metal stocks?

The weightage of stocks for the index varies and is based on factors such as market capitalization and stock price movements. Typically, stocks with higher market capitalization or stronger performance have higher weightage in the index.

Can we invest in the Nifty metal index?

Yes, investors can invest in the Nifty Metal Index through various financial instruments such as exchange-traded funds (ETFs), mutual funds, index funds, or by directly buying stocks listed within the index.

Which stock has the highest weightage in Nifty metal?

Tata Steel Ltd, Hindalco Industries Ltd, and Adani Enterprises Ltd are the three stocks with the highest weighting in the Nifty Metal index.

Is it a good time to invest in metal stocks?

The metal industry plays a significant role in India’s economy, contributing to its GDP. Given the country’s expanding economy, investing in metal shares seems opportune. Nonetheless, conducting personal research or seeking advice from a financial expert is advisable before investing.

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.