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Top Gainers over 1-Week 
 : 
Steel Sector 

 

Here are the top top gainers over 1-week from the Steel Sector. Also read our detailed report on the steel sector.

Revealing on April 30: Are You Ready for the Upcoming Election Surprise?

COMPANY PRICE ON Apr 25, 2024 (Rs) PRICE ON Apr 18 2024 (Rs) CHANGE (%) 52-WEEK H/L (Rs) GET MORE INFO
S&P BSE SENSEX 74,339.44 72,488.99 2.55% 75,124.28 /
59,954.91 		 More Info 
NIFTY 50 22,570.35 21,995.85 2.6% 22,775.70 /
17,711.20 		 More Info 
CARNATION IN 9.50 7.19 32.13% 10.62 / 4.05  More Info 
PANCHMAHAL STEEL Only Sellers 225.60 174.15 29.54% 253.50 /
102.60 		 More Info 
VESUVIUS INDIA Only Buyers 4,340.00 3,473.80 24.94% 4,432.85 /
1,613.05 		 More Info 
MFS INTERCORP 12.39 10.03 23.53% 19.96 / 6.10  More Info 
REMI EDELSTAHL TUBULARS 96.90 78.74 23.06% 114.00 /
30.25 		 More Info 
METAL COATING 94.35 77.16 22.28% 119.00 /
72.00 		 More Info 
GUJ.INTRUX Only Buyers 337.05 278.90 20.85% 398.75 /
156.05 		 More Info 
CUBEX TUBING 124.87 104.94 18.99% 127.53 /
34.25 		 More Info 
SURAJ PRODUCTS 637.70 537.10 18.73% 637.70 /
130.00 		 More Info 
GALLANTT METAL 285.00 240.70 18.40% 292.45 /
46.00 		 More Info 
UNISON METALS Only Buyers 24.90 21.51 15.76% 27.50 / 19.27  More Info 
SIMPLEX CASTINGS 189.05 163.45 15.66% 196.00 /
37.10 		 More Info 
KANISHK STEEL 34.00 29.70 14.48% 43.69 / 19.05  More Info 
SAIL 164.90 144.85 13.84% 167.25 /
80.50 		 More Info 
RATNAVEER PRECISION ENGINEERING LTD. 141.45 124.75 13.39% 153.85 /
109.25 		 More Info 
INVESTMENT & PREC. Only Buyers 678.00 598.25 13.33% 765.00 /
348.00 		 More Info 
PENNAR INDUSTRIES 140.55 124.40 12.98% 162.30 /
66.59 		 More Info 
NATIONAL FITTINGS 149.50 132.45 12.87% 194.75 /
81.50 		 More Info 
JINDAL SAW 545.15 483.85 12.67% 558.30 /
155.20 		 More Info 
RAMA STEEL TUBES 13.75 12.27 12.06% 16.83 / 10.03  More Info 
GARG FURNACE 330.80 296.90 11.42% 392.55 /
41.82 		 More Info 
GANDHI SPECIAL TUBES 818.00 736.55 11.06% 935.00 /
503.60 		 More Info 
INDIAN BRIGHT 148.80 134.85 10.34% 152.85 /
18.00 		 More Info 
SHAH ALLOYS 64.90 58.90 10.19% 94.00 / 38.80  More Info 
INDIAN METALS 738.05 669.90 10.17% 767.00 /
270.00 		 More Info 

Date: April 25, 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 INVESTMENT & PREC. (up 12.7%) and CAPTAIN TECHNOCAST (up 10.0%). On the other hand, SHARP CHUCKS & MACHINES LTD. (down 7.2%) and KRIDHAN INFRA (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

Tech Mahindra Q4 Results | ACC Declares Interim Dividend | Top Buzzing Stocks Today Tech Mahindra Q4 Results | ACC Declares Interim Dividend | Top Buzzing Stocks Today(Pre-Open)

Indian share markets continued the momentum as the session progressed and ended the higher.

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