The table below shows the Nifty Metal Stocks by highest market cap from highest to lowest.
| Nifty Metal Stocks | Market Cap (Cr) | Close Price (Rs) |
| Adani Enterprises Ltd | 3,42,969.34 | 3,043.95 |
| JSW Steel Ltd | 2,39,219.33 | 982.1 |
| Hindustan Zinc Ltd | 2,11,561.72 | 503.9 |
| Tata Steel Ltd | 1,89,774.65 | 153.99 |
| Vedanta Ltd | 1,75,651.66 | 453.1 |
| Hindalco Industries Ltd | 1,55,362.65 | 690.55 |
| Jindal Steel And Power Ltd | 1,02,129.01 | 1,021.35 |
| Jindal Stainless Ltd | 63,956.16 | 772.4 |
| NMDC Ltd | 62,287.10 | 215.39 |
| Steel Authority of India Ltd | 52,160.27 | 129.68 |
| APL Apollo Tubes Ltd | 39,953.82 | 1,425.85 |
| National Aluminium Co Ltd | 33,799.53 | 180.24 |
| Hindustan Copper Ltd | 31,892.45 | 330.7 |
| Ratnamani Metals and Tubes Ltd | 25,785.80 | 3,647.70 |
| Welspun Corp Ltd | 17,250.33 | 690.85 |
Content:
Nifty Metal Stocks Weightage
The table below shows the Nifty Metal Stocks’s Weightage By highest to lowest.
| Nifty Metal Stocks | Weight(%) |
| Tata Steel Ltd | 19.49 |
| Hindalco Industries Ltd | 15.35 |
| JSW Steel Ltd | 13.78 |
| Vedanta Ltd | 12.12 |
| Adani Enterprises Ltd | 10.3 |
| Jindal Steel & Power Ltd | 5.5 |
| APL Apollo Tubes Ltd | 3.99 |
| NMDC Ltd | 3.93 |
| Jindal Stainless Ltd | 3.59 |
| Steel Authority of India Ltd | 2.85 |
Nifty Metal Stocks List
Adani Enterprises Ltd
The Market Cap of Adani Enterprises Ltd is Rs. 3,42,969.34 crores. The stock’s monthly return is -3.17%. Its one-year return is 22.64%. The stock is 42.11% away from its 52-week high.
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 Cap of JSW Steel Ltd is Rs. 2,39,219.33 crores. The stock’s monthly return is 4.83%. Its one-year return is 25.93%. The stock is 35.84% away from its 52-week high.
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 Cap of Tata Steel Ltd is Rs. 1,89,774.65 crores. The stock’s monthly return is -1.22%. Its one-year return is 20.87%. The stock is 34.37% away from its 52-week high.
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 Cap of Hindalco Industries Ltd is Rs. 1,55,362.65 crores. The stock’s monthly return is 0.60%. Its one-year return is 47.13%. The stock is 53.88% away from its 52-week high.
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.
APL Apollo Tubes Ltd
The Market Cap of APL Apollo Tubes Ltd is Rs. 39,953.82 crores. The stock’s monthly return is 1.17%. Its one-year return is -7.57%. The stock is 9.26% away from its 52-week high.
APL Apollo Tubes Limited is a leading producer of structural steel tubes in India, specializing in electric resistance welded (ERW) steel tubes. It offers over 1,100 varieties, including galvanized and pre-galvanized tubes, MS black pipes, and hollow sections.
Its products, branded under names like Apollo Build and Apollo Agri, serve industries like agriculture, plumbing, and solar energy. With manufacturing units in Uttar Pradesh, Tamil Nadu, Maharashtra, Telangana, and more, APL Apollo’s products are widely used in construction and infrastructure projects.
Vedanta Ltd
The Market Cap of Vedanta Ltd is Rs. 1,75,651.66 crores. The stock’s monthly return is -2.14%. Its one-year return is 101.78%. The stock is 117.84% away from its 52-week high.
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 Cap of Jindal Steel And Power Ltd is Rs. 1,02,129.01 crores. The stock’s monthly return is 4.47%. Its one-year return is 46.91%. The stock is 75.61% away from its 52-week high.
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 Cap of NMDC Ltd is Rs. 62,287.10 crores. The stock’s monthly return is -5.94%. Its one-year return is 50.52%. The stock is 53.14% away from its 52-week high.
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 Cap of Steel Authority of India Ltd is Rs. 52,160.27 crores. The stock’s monthly return is -5.78%. Its one-year return is 39.29%. The stock is 58.53% away from its 52-week high.
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 Cap of Jindal Stainless Ltd is Rs. 63,956.16 crores. The stock’s monthly return is 6.11%. Its one-year return is 74.32%. The stock is 80.83% away from its 52-week high.
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
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.
The Nifty Metal Index consists of up to 15 stocks at most.
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.
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.
Tata Steel Ltd, Hindalco Industries Ltd, and JSW Steel Ltd are the three stocks with the highest weighting in the Nifty Metal index.
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.
