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Top Gainers Today 
 : 
Steel Sector 

 

Here are the top top gainers today from the Steel Sector. Also read our detailed report on the steel sector.

Must See: Do You Invest in Midcap Stocks? Here's a Great News for You

COMPANY PRICE (Rs) CHANGE (%) VOLUME ('000) DAY'S H/L (Rs) 52-WEEK H/L (Rs) GET MORE INFO
S&P BSE SENSEX 73,088.33 0.83% - 73,210.17 /
71,816.46 		75,124.28 /
59,412.81 		 More Info 
NIFTY 50 22,147.00 0.69% - 22,179.55 /
21,777.65 		22,775.70 /
17,553.95 		 More Info 
REMI EDELSTAHL TUBULARS Only Buyers 86.66 10.06% 46.52 89.50 / 76.95 92.88 / 30.25  More Info 
M.M.FORGINGS 1,058.20 7.32% 40.05 1,087.00 /
966.05 		1,098.95 /
817.00 		 More Info 
RIDDHI STEEL & TUBE 38.00 7.04% 3.00 38.00 / 38.00 90.30 / 30.00  More Info 
COSMIC CRF 1,049.60 5.00% 26.00 1,049.60 /
975.00 		1,084.90 /
181.00 		 More Info 
DHATRE UDYOG 25.87 4.99% 1,774.57 25.87 / 24.30 31.73 / 8.10  More Info 
GALLANTT METAL 252.70 4.99% 107.14 252.70 /
229.05 		252.70 /
46.00 		 More Info 
CUBEX TUBING 110.18 4.99% 5.93 110.18 /
106.00 		111.40 /
34.25 		 More Info 
KANISHK STEEL 31.18 4.98% 10.55 31.18 / 31.18 43.69 / 19.05  More Info 
GARG FURNACE 311.70 4.98% 2.89 311.70 /
296.90 		392.55 /
41.82 		 More Info 
EAST COAST STEEL 27.87 4.97% 0.80 27.87 / 25.23 35.14 / 17.74  More Info 
METAL COATING 80.97 4.94% 11.42 84.00 / 74.00 119.00 /
72.00 		 More Info 
MFS INTERCORP 10.51 4.79% 43.03 10.53 / 9.53 19.96 / 6.10  More Info 
MARATHWADA REFRACT 398.00 4.74% 0.01 398.00 /
361.00 		532.00 /
200.90 		 More Info 
MEWAT ZINC 152.50 3.81% 0.82 153.00 /
139.65 		200.70 /
30.26 		 More Info 
PENNAR INDUSTRIES 129.05 3.74% 187.18 129.90 /
120.50 		162.30 /
66.59 		 More Info 
SIMPLEX CASTINGS 169.40 3.64% 10.01 170.75 /
161.00 		170.75 /
37.10 		 More Info 
SHARDA ISPAT 297.45 3.50% 0.33 299.40 /
290.00 		362.35 /
62.00 		 More Info 
SH.STEEL WIR 38.84 3.46% 0.54 39.00 / 38.05 48.04 / 27.30  More Info 
VESUVIUS INDIA 3,594.15 3.46% 4.72 3,691.10 /
3,500.40 		3,955.00 /
1,613.05 		 More Info 
GODAWARI POWER 869.40 3.17% 60.92 880.00 /
828.70 		880.00 /
353.00 		 More Info 
SHAH ALLOYS 60.73 3.11% 2.16 61.84 / 58.80 94.00 / 38.80  More Info 
SRU STEELS 10.70 3.08% 48.79 10.79 / 10.03 30.25 / 8.47  More Info 
MAHAMAYA STEEL 107.55 3.07% 0.06 107.55 /
104.00 		144.00 /
55.25 		 More Info 
JINDAL STAINLESS 692.30 2.78% 35.71 694.00 /
665.95 		728.15 /
257.10 		 More Info 
JSW STEEL 865.25 2.49% 216.17 867.45 /
833.50 		895.60 /
681.30 		 More Info 

Date: April 19, 2024  (Close)     Only Buyers Only Buyers    Only Sellers Only Sellers   * Mutual Funds that hold this stock



FAQs

Which are the top steel companies in India?

Based on marketcap, these are the top steel companies in India:

You can see the full list of steel stocks here.

And for a fundamental analysis of the above companies, check out Equitymaster’s Indian stock screener which has a separate screen for best steel stocks in India.

What are the top gainers and top losers within the steel sector today?

Within the Steel sector, the top gainers were SHARP CHUCKS & MACHINES LTD. (up 19.4%) and REMI EDELSTAHL TUBULARS (up 10.1%). On the other hand, ABC GAS (down 5.0%) and VISA STEEL (down 5.0%) were among the top losers.

For more, please visit the BSE metal index live chart and also check out our steel sector report.

How should you value steel companies?

Investing in stocks requires careful analysis of financial data to find out a company's true worth. However, an easier way to find out about a company's performance is to look at its financial ratios.

Two commonly used financial ratios used in the valuation of stocks are -

Price to Earnings Ratio (P/E) - It compares the company's stock price with its earnings per share. The higher the P/E ratio, the more expensive the stock.

Price to Book Value Ratio (P/BV) - It compares a firm's market capitalization to its book value. A high P/BV indicates markets believe the company's assets to be undervalued and vice versa.

To know more about the steel sector's past and ongoing performance, have a look at the performance of the NIFTY Metal Index and BSE Metal Index.

Which are some important indices one should track?

Well, it depends on what your goals are.

Having said that, the two key indices to track are the BSE Sensex which contains the list of BSE 30 stocks and the NSE Nifty which contains the list of NSE 50 stocks.

However, these two indices are considered to be too narrow by some, since they only track 30 and 50 stocks, respectively.

For broader tracking, you could use the BSE 200, BSE 500 or even the NSE 500 index.

Some popular market cap based indices include BSE Smallcap index and BSE Midcap index, among others.

Which important sectoral indices should one track?

It depends on one's specific interests and investment goals.

Some popular sectoral indices to track in addition to the broader market indices are BSE IT index, BSE healthcare index, BSE manufacturing index and BSE auto index.

It's important to research and understand the industries and companies included in each sectoral index to make informed investment decisions.


Today's Market

Sensex Today Rallies 599 Points | Private Banks Rally | 4 Reasons Why Indian Share Market is Rising Sensex Today Rallies 599 Points | Private Banks Rally | 4 Reasons Why Indian Share Market is Rising(Closing)

After opening the day deep in red, Indian share markets reversed the trend as the session progressed and ended on firm footing.

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