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List of Steel Stocks 

Here are the latest stock price details of India's top Steel stocks. For more detailed updates, read our Steel sector report and check the latest Steel sector results. Also check out Equitymaster's powerful stock screener to find the top steel companies in India.

SCRIP BSE PRICE (Rs) NSE PRICE (Rs) CHART MORE INFO
AEROFLEX INDUSTRIES 143.90 -1.44% 143.70 -1.47%
 More Info 
APL APOLLO TUBES 1,540.95 0.56% 1,541.50 0.63%
 More Info 
BHARAT WIRE ROPES 311.95 -2.30% 315.00 -2.13%
 More Info 
GALLANTT METAL 215.10 -1.67% 213.55 -2.13%
 More Info 
GODAWARI POWER 765.10 -0.62% 764.55 -0.55%
 More Info 
GOODLUCK INDIA 944.35 -3.56% 944.00 -3.40%
 More Info 
GRAVITA INDIA 914.70 -2.85% 915.80 -2.79%
 More Info 
HI-TECH PIPES Not Listed 142.55 -3.68%
 More Info 
HINDUSTAN COPPER 284.10 0.92% 284.00 0.85%
 More Info 
IFGL REFRACTORIES 559.05 -2.03% 558.35 -1.47%
 More Info 
INDIAN METALS 627.05 -0.64% 626.25 -0.74%
 More Info 
ISMT 91.60 -2.38% 91.60 -3.12%
 More Info 
JAI BALAJI INDUS 1,258.40 1.48% 1,266.50 2.09%
 More Info 
JAI CORP 308.20 -2.62% 308.70 -2.48%
 More Info 
JAYASWAL NECO 54.45 -0.44% 54.05 -1.19%
 More Info 
JINDAL SAW 486.85 -1.46% 486.90 -1.31%
 More Info 
JINDAL STAINLESS 682.10 2.87% 681.90 2.87%
 More Info 
JINDAL STAINLESS (HISAR) 560.75 3.55% 563.50 4.15%
 More Info 
JINDAL STEEL & POWER 839.55 0.15% 839.45 0.11%
 More Info 
JSW STEEL 823.25 -2.49% 824.30 -2.44%
 More Info 
KALYANI STEELS 922.85 -9.06% 924.95 -8.90%
 More Info 
KAMDHENU ISPAT 634.25 -2.84% 634.20 -2.92%
 More Info 
KIRL.FERROUS 542.65 1.01% Not Listed
 More Info 
LLOYDS METALS 607.90 3.25% Not Listed
 More Info 
M.M.FORGINGS 907.50 -2.20% 907.20 -2.09%
 More Info 
MAHARASHTRA SEAMLESS 967.65 1.12% 967.50 1.02%
 More Info 
MAITHAN ALLOYS 1,102.05 -1.51% 1,103.00 -1.60%
 More Info 
MISHRA DHATU NIGAM 420.75 -1.49% 421.20 -1.44%
 More Info 
MUKAND 170.25 -1.02% 169.75 -2.25%
 More Info 
NALWA SONS INV 3,766.85 7.93% 3,781.10 9.52%
 More Info 
NIFTY 50 Not Listed 22,405.60 0.12%
 More Info 
NMDC STEEL 61.32 -3.51% Not Listed
 More Info 
PENNAR INDUSTRIES 137.05 -0.22% 136.75 -0.69%
 More Info 
POKARNA 505.05 0.76% 505.60 0.68%
 More Info 
RAJRATAN GLOBAL WIRE 641.70 -1.66% Not Listed
 More Info 
RAMA STEEL TUBES 39.61 -1.93% 39.20 -2.85%
 More Info 
RATNAMANI METALS 3,079.75 -2.13% 3,075.05 -2.23%
 More Info 
RHI MAGNESITA 568.55 -2.04% 569.35 -1.51%
 More Info 
S&P BSE METAL 28,338.57 0.14% Not Listed
 More Info 
S&P BSE SENSEX 73,872.29 0.09% Not Listed
 More Info 
SAIL 141.60 2.94% 141.65 2.91%
 More Info 
SARDA ENERGY & MINERALS 212.05 -3.35% 212.65 -3.05%
 More Info 
SHIV.BIMETAL 555.00 -1.46% Not Listed
 More Info 
SHYAM METALICS AND ENERGY 664.65 -3.20% 663.85 -3.58%
 More Info 
STEEL EXCHANGE 14.61 -2.27% Not Listed
 More Info 
SUNFLAG IRON & STEEL 206.45 -0.98% 206.85 -1.15%
 More Info 
SURYA ROSHNI 585.20 -3.30% 583.45 -3.72%
 More Info 
TATA METALIK 1,090.20 2.98% 1,090.50 2.97%
 More Info 
TATA STEEL 153.10 -1.32% 153.10 -1.38%
 More Info 
TATA STEEL BSL 85.55 -1.38% 85.35 -1.22%
 More Info 
TATA STEEL LONG PROD 829.45 0.34% 829.35 0.42%
 More Info 
TINPLATE 430.45 -0.45% 430.50 -0.36%
 More Info 
USHA MARTIN 318.20 -2.08% 318.85 -1.92%
 More Info 
VENUS PIPES & TUBES 1,878.05 0.58% 1,880.55 0.64%
 More Info 
WELSPUN SPECIALTY 36.94 -2.64% Not Listed
 More Info 

BSE prices: March 4, 2024  (Close)    NSE prices: March 4, 2024  (Close)

Steel Stocks Update

The S&P BSE METAL Index was at 28,338.6 (up 0.1%). The index is up 3.9% over the last 30 days. And over the last 1 year, it has gained 45.7%.

Within the Steel sector, the top gainers were ASHIANA ISP. (up 20.0%) and NILACHAL REFRACT. (up 10.0%). On the other hand, NILE. (down 9.9%) and KALYANI STEELS (down 9.1%) were among the top losers.

Meanwhile, the benchmark S&P BSE SENSEX was at 73,872.3 (up 0.1%).



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 OWAIS METAL & MINERAL PROCESSING LTD. (up 201.7%) and ASHIANA ISP. (up 20.0%). On the other hand, NILE. (down 9.9%) and KALYANI STEELS (down 9.1%) 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 Ends 66 Points Higher | Nifty Tops 22,400 | BHEL Soars 13%, Oil India 5% Sensex Today Ends 66 Points Higher | Nifty Tops 22,400 | BHEL Soars 13%, Oil India 5%(Closing)

After opening the flat, Indian share markets turned positive as the session progressed and ended the day higher.