Steel stocks India, Steel company share Price India, iron and steel industry
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3 Top 5 Stocks of Steel Sector in India for 2023
6 SAIL (Steel Authority of India Ltd.)
9 Jindal Steel & Power Limited
9.1 Top 10 Metal Stocks in India
Introduction –
Steel / Metal Sector
Steel stocks include all companies that trade in metals such as steel, aluminum, zinc, copper, etc. There are a lot of steel stocks in the two major stock exchanges of India – NSE and BSE. The steel sector plays an important role in India’s infrastructure.
The Future Of Metal Stocks
The world is now in recovery mode economically after Covid-19. Therefore, there has been an increase in the demand for commodities, especially steel and iron. On the supply side, the time frame of the next few months is a good opportunity for Indian players to capture market share internationally. China, known for “dumping” its excess steel production in various countries, has cut production.
Due to dumping, many countries including Vietnam have recently imposed anti-dumping duty on China. China’s national strategy to achieve carbon neutrality by 2060 is to cut excess and unnecessary production. Also, the war between Russia and Ukraine has resulted in several countries imposing sanctions on major Russian players, limiting steel supplies.
Thus, Indian players have an opportunity to gain ground on the world stage. This perspective was from the fundamental analysis of stocks in the metals sector. But the metal sector stocks have proved their worth with their past performance. If we look at the last 1 year performance of Nifty Sector Index ending February 2022, Nifty Metal has given the highest return of over 50%, followed by Nifty IT around 40% and Nifty Consumer around 30% Is.
Top 5 Stocks of Steel Sector in India for 2023
Top 5 Metal Stocks in India
Tata steel
Tata Steel Limited is the first private steel company in Asia established in 1907.
The company has a presence in the entire value chain of steel manufacturing, from mining and processing of iron ore and coal to production and distribution of finished products.
The company aims to increase the domestic steelmaking capacity to 30 MnTPA by 2025.
| Particulars | |
| CMP Rs. | Rs. 112 |
| Market cap (₹) | ₹ 137,092 Cr. |
| Stock P/E | 7.76 |
| dividend yield (%) | 4.54% |
| ROE (%) | 42.6% |
| Promoters holdings(%) | 33.9% |
| EVEBITDA | 5.11 |
| Returns over 1 year | -5.75 % |
| Returns over 3 years | 37.5% |
| Returns over 5 years | 10.2% |
As of 17 Feb. 2023
SAIL (Steel Authority of India Ltd.)
Steel Authority of India Limited (SAIL) is one of the largest steel making companies in India and one of the Maharatnas of the country’s Central Public Sector Enterprises. SAIL produces iron and steel at five integrated plants and three specialized steel plants, mainly located in the eastern and central regions of India and close to domestic sources of raw materials. SAIL manufactures and sells a wide range of Steel Products. (Source: Company Web-Site)
| Particulars | |
| CMP Rs. | Rs. 86.2 |
| Market cap (₹) | ₹ 35,605 Cr. |
| Stock P/E | 10.9 |
| dividend yield (%) | 10.2% |
| ROE (%) | 25.2% |
| Promoters holdings(%) | 65.0% |
| EVEBITDA | 6.05 |
| Returns over 1 year | -11.5 % |
| Returns over 3 years | 27.1% |
| Returns over 5 years | -0.51 % |
As of 17 Feb. 2023
JSW Steel
JSW Steel is primarily engaged in the business of manufacturing and selling iron and steel products
The company owns the largest steel plant in India with a capacity of 12 MnTPA
| Particulars | |
| CMP Rs. | Rs. 728 |
| Market cap (₹) | ₹ 176,119 Cr. |
| Stock P/E | 48.1 |
| dividend yield (%) | 2.38% |
| ROE (%) | 37.6% |
| Promoters holdings(%) | 45.2% |
| EVEBITDA | 11.8 |
| Returns over 1 year | 14.1% |
| Returns over 3 years | 36.8% |
| Returns over 5 years | 18.4% |
As of 17 Feb. 2023
Apl Apollo Tubes Ltd
APL Apollo Tubes Limited (APL Apollo) is one of the leading branded steel products manufacturers in India. Headquartered in Delhi NCR, the company operates 10 manufacturing facilities churning out over 1,500 varieties of MS Black Pipes, Galvanized Tubes, Pre-Galvanized Tubes, Structural ERW Steel Tubes and Hollow Sections, catering to urban infrastructure, housing, irrigation, solar are meant to serve industry applications such as plants. , Greenhouse and Engineering.
| Particulars | |
| CMP Rs. | ₹ 1,288 |
| Market cap (₹) | ₹ 35,750 Cr. |
| Stock P/E | 59.3 |
| dividend yield (%) | 0.27% |
| ROE (%) | 28.2% |
| Promoters holdings(%) | 31.2% |
| EVEBITDA | 35.9 |
| Returns over 1 year | 54.6% |
| Returns over 3 years | 85.5% |
| Returns over 5 years | 44.2% |
As of 17 Feb. 2023
Jindal Steel & Power Limited
Jindal Steel & Power Limited is one of India’s leading steel producers with a significant presence in sectors such as mining and power generation. The group has a global presence through subsidiaries, primarily in Australia, Botswana, Indonesia, Mauritius, Mozambique, Madagascar, Namibia, South Africa, Tanzania and Zambia
| Particulars | |
| CMP Rs. | Rs. 590 |
| Market cap (₹) | ₹ 60,205 Cr. |
| Stock P/E | 20.0 |
| dividend yield (%) | 0.51% |
| ROE (%) | 17.8% |
| Promoters holdings(%) | 61.2% |
| EVEBITDA | 6.01 |
| Returns over 1 year | 42.1% |
| Returns over 3 years | 47.1% |
| Returns over 5 years | 18.6% |
As of 17 Feb. 2023
Top 10 Metal Stocks in India
- Tata steel
- SAIL (Steel Authority of India Ltd.)
- JSW Steel
- Apl Apollo Tubes Ltd
- Jindal Steel & Power Limited
Conclusion
Metal stocks are an efficient and effective way to diversify a portfolio.
Therefore, before taking the decision to invest, check all the staff thoroughly on your analysis only after that decide to invest because the block here is made only and only for education purpose.
Disclaimer : Before deciding to invest, check all the staff thoroughly on your analysis only after that decide to invest because the block here is made only and only for education purpose.
Steel stocks India, Steel company share Price India, iron and steel industry
Content hide
3 Top 5 Stocks of Steel Sector in India for 2023
6 SAIL (Steel Authority of India Ltd.)
9 Jindal Steel & Power Limited
9.1 Top 10 Metal Stocks in India
Introduction –
Steel / Metal Sector
Steel stocks include all companies that trade in metals such as steel, aluminum, zinc, copper, etc. There are a lot of steel stocks in the two major stock exchanges of India – NSE and BSE. The steel sector plays an important role in India’s infrastructure.
The Future Of Metal Stocks
The world is now in recovery mode economically after Covid-19. Therefore, there has been an increase in the demand for commodities, especially steel and iron. On the supply side, the time frame of the next few months is a good opportunity for Indian players to capture market share internationally. China, known for “dumping” its excess steel production in various countries, has cut production.
Due to dumping, many countries including Vietnam have recently imposed anti-dumping duty on China. China’s national strategy to achieve carbon neutrality by 2060 is to cut excess and unnecessary production. Also, the war between Russia and Ukraine has resulted in several countries imposing sanctions on major Russian players, limiting steel supplies.
Thus, Indian players have an opportunity to gain ground on the world stage. This perspective was from the fundamental analysis of stocks in the metals sector. But the metal sector stocks have proved their worth with their past performance. If we look at the last 1 year performance of Nifty Sector Index ending February 2022, Nifty Metal has given the highest return of over 50%, followed by Nifty IT around 40% and Nifty Consumer around 30% Is.
Top 5 Stocks of Steel Sector in India for 2023
Top 5 Metal Stocks in India
Tata steel
Tata Steel Limited is the first private steel company in Asia established in 1907.
The company has a presence in the entire value chain of steel manufacturing, from mining and processing of iron ore and coal to production and distribution of finished products.
The company aims to increase the domestic steelmaking capacity to 30 MnTPA by 2025.
| Particulars | |
| CMP Rs. | Rs. 112 |
| Market cap (₹) | ₹ 137,092 Cr. |
| Stock P/E | 7.76 |
| dividend yield (%) | 4.54% |
| ROE (%) | 42.6% |
| Promoters holdings(%) | 33.9% |
| EVEBITDA | 5.11 |
| Returns over 1 year | -5.75 % |
| Returns over 3 years | 37.5% |
| Returns over 5 years | 10.2% |
As of 17 Feb. 2023
SAIL (Steel Authority of India Ltd.)
Steel Authority of India Limited (SAIL) is one of the largest steel making companies in India and one of the Maharatnas of the country’s Central Public Sector Enterprises. SAIL produces iron and steel at five integrated plants and three specialized steel plants, mainly located in the eastern and central regions of India and close to domestic sources of raw materials. SAIL manufactures and sells a wide range of Steel Products. (Source: Company Web-Site)
| Particulars | |
| CMP Rs. | Rs. 86.2 |
| Market cap (₹) | ₹ 35,605 Cr. |
| Stock P/E | 10.9 |
| dividend yield (%) | 10.2% |
| ROE (%) | 25.2% |
| Promoters holdings(%) | 65.0% |
| EVEBITDA | 6.05 |
| Returns over 1 year | -11.5 % |
| Returns over 3 years | 27.1% |
| Returns over 5 years | -0.51 % |
As of 17 Feb. 2023
JSW Steel
JSW Steel is primarily engaged in the business of manufacturing and selling iron and steel products
The company owns the largest steel plant in India with a capacity of 12 MnTPA
| Particulars | |
| CMP Rs. | Rs. 728 |
| Market cap (₹) | ₹ 176,119 Cr. |
| Stock P/E | 48.1 |
| dividend yield (%) | 2.38% |
| ROE (%) | 37.6% |
| Promoters holdings(%) | 45.2% |
| EVEBITDA | 11.8 |
| Returns over 1 year | 14.1% |
| Returns over 3 years | 36.8% |
| Returns over 5 years | 18.4% |
As of 17 Feb. 2023
Apl Apollo Tubes Ltd
APL Apollo Tubes Limited (APL Apollo) is one of the leading branded steel products manufacturers in India. Headquartered in Delhi NCR, the company operates 10 manufacturing facilities churning out over 1,500 varieties of MS Black Pipes, Galvanized Tubes, Pre-Galvanized Tubes, Structural ERW Steel Tubes and Hollow Sections, catering to urban infrastructure, housing, irrigation, solar are meant to serve industry applications such as plants. , Greenhouse and Engineering.
| Particulars | |
| CMP Rs. | ₹ 1,288 |
| Market cap (₹) | ₹ 35,750 Cr. |
| Stock P/E | 59.3 |
| dividend yield (%) | 0.27% |
| ROE (%) | 28.2% |
| Promoters holdings(%) | 31.2% |
| EVEBITDA | 35.9 |
| Returns over 1 year | 54.6% |
| Returns over 3 years | 85.5% |
| Returns over 5 years | 44.2% |
As of 17 Feb. 2023
Jindal Steel & Power Limited
Jindal Steel & Power Limited is one of India’s leading steel producers with a significant presence in sectors such as mining and power generation. The group has a global presence through subsidiaries, primarily in Australia, Botswana, Indonesia, Mauritius, Mozambique, Madagascar, Namibia, South Africa, Tanzania and Zambia
| Particulars | |
| CMP Rs. | Rs. 590 |
| Market cap (₹) | ₹ 60,205 Cr. |
| Stock P/E | 20.0 |
| dividend yield (%) | 0.51% |
| ROE (%) | 17.8% |
| Promoters holdings(%) | 61.2% |
| EVEBITDA | 6.01 |
| Returns over 1 year | 42.1% |
| Returns over 3 years | 47.1% |
| Returns over 5 years | 18.6% |
As of 17 Feb. 2023
Top 10 Metal Stocks in India
- Tata steel
- SAIL (Steel Authority of India Ltd.)
- JSW Steel
- Apl Apollo Tubes Ltd
- Jindal Steel & Power Limited
Conclusion
Metal stocks are an efficient and effective way to diversify a portfolio.
Therefore, before taking the decision to invest, check all the staff thoroughly on your analysis only after that decide to invest because the block here is made only and only for education purpose.
Disclaimer : Before deciding to invest, check all the staff thoroughly on your analysis only after that decide to invest because the block here is made only and only for education purpose.