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LTP
-0.27 (-4.86%)
Volume
5,532
Market Cap
₹11 Cr
52W Low
₹4.81
52W High
₹19.05
LTP
0.30 (2.95%)
Volume
4,127
Market Cap
₹5 Cr
52W Low
₹7.87
52W High
₹13.00
LTP
2.92 (1.88%)
Volume
9,19,245
Market Cap
₹2,001 Cr
52W Low
₹115.00
52W High
₹196.35
LTP
0.83 (0.74%)
Volume
21,892
Market Cap
₹145 Cr
52W Low
₹90.65
52W High
₹167.35
LTP
0.00 (0.00%)
Volume
600
Market Cap
₹0 Cr
52W Low
₹0.00
52W High
₹3.50
LTP
0.36 (1.33%)
Volume
25,14,415
Market Cap
₹1,066 Cr
52W Low
₹6.43
52W High
₹34.33
LTP
0.11 (2.70%)
Volume
87,960
Market Cap
₹59 Cr
52W Low
₹2.30
52W High
₹5.80
LTP
23.80 (1.63%)
Volume
2,90,259
Market Cap
₹40,532 Cr
52W Low
₹1,305.00
52W High
₹1,800.00
LTP
0.19 (3.04%)
Volume
626
Market Cap
₹3 Cr
52W Low
₹5.13
52W High
₹7.65
LTP
-3.47 (-6.89%)
Volume
60,592
Market Cap
₹40 Cr
52W Low
₹26.37
52W High
₹61.40
LTP
0.72 (0.86%)
Volume
7,368
Market Cap
₹110 Cr
52W Low
₹67.77
52W High
₹129.00
LTP
0.35 (0.10%)
Volume
3,40,673
Market Cap
₹5,586 Cr
52W Low
₹325.10
52W High
₹372.00
LTP
10.02 (4.69%)
Volume
39,438
Market Cap
₹687 Cr
52W Low
₹62.40
52W High
₹314.40
LTP
8.20 (1.12%)
Volume
4,036
Market Cap
₹1,400 Cr
52W Low
₹537.40
52W High
₹845.00
LTP
1.80 (0.70%)
Volume
1,31,678
Market Cap
₹1,760 Cr
52W Low
₹199.75
52W High
₹400.60
LTP
-0.05 (-0.29%)
Volume
59,939
Market Cap
₹157 Cr
52W Low
₹8.01
52W High
₹22.44
LTP
0.00 (0.00%)
Volume
6,57,502
Market Cap
₹14 Cr
52W Low
₹0.00
52W High
₹0.65
LTP
-0.07 (-0.11%)
Volume
5,06,486
Market Cap
₹1,439 Cr
52W Low
₹29.00
52W High
₹86.00
LTP
1.72 (2.25%)
Volume
1,459
Market Cap
₹41 Cr
52W Low
₹21.60
52W High
₹93.99
LTP
15.55 (157.07%)
Volume
500
Market Cap
₹0 Cr
52W Low
₹0.00
52W High
₹26.50
LTP
-0.15 (-0.22%)
Volume
30,000
Market Cap
₹168 Cr
52W Low
₹55.00
52W High
₹114.65
LTP
77.75 (4.01%)
Volume
14,400
Market Cap
₹1,591 Cr
52W Low
₹226.40
52W High
₹2,099.00
LTP
0.46 (4.90%)
Volume
100
Market Cap
₹4 Cr
52W Low
₹9.38
52W High
₹9.84
LTP
-0.15 (-0.03%)
Volume
26,564
Market Cap
₹669 Cr
52W Low
₹416.05
52W High
₹681.45
LTP
14.25 (3.87%)
Volume
10,46,812
Market Cap
₹2,533 Cr
52W Low
₹310.00
52W High
₹400.00
LTP
0.12 (0.72%)
Volume
1,84,369
Market Cap
₹183 Cr
52W Low
₹10.63
52W High
₹31.73
LTP
0.00 (0.00%)
Volume
400
Market Cap
₹1 Cr
52W Low
₹0.00
52W High
₹1.55
LTP
0.09 (0.21%)
Volume
3,000
Market Cap
₹52 Cr
52W Low
₹40.75
52W High
₹76.95
LTP
16.85 (1.99%)
Volume
45,660
Market Cap
₹1,063 Cr
52W Low
₹81.50
52W High
₹887.30
LTP
-0.01 (-3.57%)
Volume
500
Market Cap
₹6 Cr
52W Low
₹0.00
52W High
₹0.27
LTP
0.70 (0.22%)
Volume
25,756
Market Cap
₹7,807 Cr
52W Low
₹73.50
52W High
₹384.00
LTP
24.10 (3.02%)
Volume
9,244
Market Cap
₹957 Cr
52W Low
₹605.00
52W High
₹935.00
LTP
-0.02 (-4.26%)
Volume
700
Market Cap
₹1 Cr
52W Low
₹0.00
52W High
₹0.45
LTP
-4.90 (-1.54%)
Volume
5,085
Market Cap
₹147 Cr
52W Low
₹112.56
52W High
₹392.55
LTP
-1.41 (-1.49%)
Volume
88,664
Market Cap
₹494 Cr
52W Low
₹45.19
52W High
₹126.50
LTP
-8.10 (-0.77%)
Volume
2,99,980
Market Cap
₹14,255 Cr
52W Low
₹530.65
52W High
₹1,223.95
LTP
-3.05 (-0.32%)
Volume
84,541
Market Cap
₹3,080 Cr
52W Low
₹475.00
52W High
₹1,168.75
LTP
0.00 (0.00%)
Volume
10,680
Market Cap
₹30 Cr
52W Low
₹6.60
52W High
₹9.50
LTP
16.15 (2.34%)
Volume
2,62,652
Market Cap
₹1,995 Cr
52W Low
₹440.05
52W High
₹742.70
LTP
-0.06 (-0.94%)
Volume
2,700
Market Cap
₹4 Cr
52W Low
₹5.86
52W High
₹12.50
LTP
0.59 (0.39%)
Volume
17,48,802
Market Cap
₹2,290 Cr
52W Low
₹73.85
52W High
₹170.00
LTP
-0.08 (-0.04%)
Volume
3,255
Market Cap
₹108 Cr
52W Low
₹145.65
52W High
₹251.90
LTP
-0.08 (-0.17%)
Volume
80,594
Market Cap
₹219 Cr
52W Low
₹25.40
52W High
₹51.65
LTP
0.12 (3.15%)
Volume
5,17,284
Market Cap
₹152 Cr
52W Low
₹1.70
52W High
₹5.29
LTP
0.00 (0.00%)
Volume
1,040
Market Cap
₹457 Cr
52W Low
₹18.00
52W High
₹212.75
LTP
3.87 (2.72%)
Volume
8,72,335
Market Cap
₹4,279 Cr
52W Low
₹68.20
52W High
₹157.90
LTP
17.55 (1.94%)
Volume
1,29,729
Market Cap
₹15,467 Cr
52W Low
₹135.65
52W High
₹1,314.00
LTP
0.04 (0.09%)
Volume
2,38,931
Market Cap
₹4,555 Cr
52W Low
₹26.15
52W High
₹65.40
LTP
21.30 (3.83%)
Volume
14,55,631
Market Cap
₹17,818 Cr
52W Low
₹300.30
52W High
₹598.00
LTP
0.00 (0.00%)
Volume
8,30,836
Market Cap
₹13,230 Cr
52W Low
₹360.00
52W High
₹576.90
LTP
15.65 (2.09%)
Volume
4,29,254
Market Cap
₹61,642 Cr
52W Low
₹372.05
52W High
₹848.00
LTP
34.55 (3.68%)
Volume
31,21,579
Market Cap
₹95,669 Cr
52W Low
₹581.60
52W High
₹1,097.00
LTP
0.00 (0.00%)
Volume
90,78,528
Market Cap
₹1,830 Cr
52W Low
₹36.20
52W High
₹39.60
LTP
26.05 (2.98%)
Volume
20,56,261
Market Cap
₹2,13,830 Cr
52W Low
₹723.00
52W High
₹959.40
LTP
-11.00 (-4.93%)
Volume
36,43,908
Market Cap
₹3,831 Cr
52W Low
₹166.90
52W High
₹278.00
LTP
0.60 (0.07%)
Volume
45,899
Market Cap
₹3,947 Cr
52W Low
₹392.70
52W High
₹1,083.00
LTP
7.00 (1.38%)
Volume
1,55,477
Market Cap
₹1,366 Cr
52W Low
₹259.95
52W High
₹668.70
LTP
0.86 (3.09%)
Volume
7,913
Market Cap
₹79 Cr
52W Low
₹23.55
52W High
₹43.69
LTP
10.05 (5.00%)
Volume
25,90,800
Market Cap
₹433 Cr
52W Low
₹182.40
52W High
₹211.10
LTP
2.83 (6.46%)
Volume
61,020
Market Cap
₹155 Cr
52W Low
₹41.26
52W High
₹65.80
LTP
0.00 (0.00%)
Volume
2,20,635
Market Cap
₹10,988 Cr
52W Low
₹441.00
52W High
₹534.00
LTP
5.30 (1.54%)
Volume
19,000
Market Cap
₹416 Cr
52W Low
₹178.05
52W High
₹429.20
LTP
-0.08 (-0.41%)
Volume
2,50,363
Market Cap
₹521 Cr
52W Low
₹5.00
52W High
₹24.50
LTP
0.13 (1.15%)
Volume
1,887
Market Cap
₹6 Cr
52W Low
₹6.47
52W High
₹14.75
LTP
0.85 (0.82%)
Volume
70,475
Market Cap
₹171 Cr
52W Low
₹63.90
52W High
₹144.45
LTP
13.75 (2.15%)
Volume
3,58,387
Market Cap
₹8,549 Cr
52W Low
₹470.05
52W High
₹1,097.00
LTP
0.91 (0.91%)
Volume
84,000
Market Cap
₹142 Cr
52W Low
₹82.60
52W High
₹138.70
LTP
12.05 (2.64%)
Volume
2,85,856
Market Cap
₹2,961 Cr
52W Low
₹131.35
52W High
₹513.70
LTP
-0.49 (-0.76%)
Volume
76,972
Market Cap
₹479 Cr
52W Low
₹16.55
52W High
₹72.87
LTP
1.36 (2.42%)
Volume
78,102
Market Cap
₹369 Cr
52W Low
₹39.55
52W High
₹107.00
LTP
-0.55 (-1.28%)
Volume
1,26,400
Market Cap
₹106 Cr
52W Low
₹32.55
52W High
₹80.00
LTP
1.15 (0.86%)
Volume
40,800
Market Cap
₹328 Cr
52W Low
₹106.00
52W High
₹184.00
LTP
-0.09 (-4.69%)
Volume
50,950
Market Cap
₹11 Cr
52W Low
₹0.00
52W High
₹2.00
LTP
0.86 (0.99%)
Volume
2,869
Market Cap
₹64 Cr
52W Low
₹72.00
52W High
₹110.00
LTP
-0.50 (-4.96%)
Volume
1,824
Market Cap
₹132 Cr
52W Low
₹0.00
52W High
₹9.58
LTP
0.04 (0.21%)
Volume
4,874
Market Cap
₹26 Cr
52W Low
₹14.00
52W High
₹37.37
LTP
1.31 (4.98%)
Volume
13,02,476
Market Cap
₹1,014 Cr
52W Low
₹10.20
52W High
₹33.40
LTP
12.23 (7.21%)
Volume
19,30,283
Market Cap
₹2,459 Cr
52W Low
₹135.00
52W High
₹212.80
LTP
-1.07 (-4.97%)
Volume
17,279
Market Cap
₹25 Cr
52W Low
₹5.96
52W High
₹25.00
LTP
2.60 (3.67%)
Volume
416
Market Cap
₹39 Cr
52W Low
₹63.50
52W High
₹93.54
LTP
0.00 (0.00%)
Volume
13,918
Market Cap
₹0 Cr
52W Low
₹2.90
52W High
₹5.10
LTP
1.88 (3.35%)
Volume
65,22,522
Market Cap
₹16,458 Cr
52W Low
₹39.15
52W High
₹73.70
LTP
0.56 (2.63%)
Volume
16,590
Market Cap
₹77 Cr
52W Low
₹14.30
52W High
₹39.69
LTP
0.00 (0.00%)
Volume
26,878
Market Cap
₹0 Cr
52W Low
₹0.00
52W High
₹1.90
LTP
1.92 (4.99%)
Volume
68,154
Market Cap
₹170 Cr
52W Low
₹16.85
52W High
₹58.60
LTP
-11.50 (-4.98%)
Volume
10
Market Cap
₹654 Cr
52W Low
₹0.00
52W High
₹219.40
LTP
-0.60 (-0.29%)
Volume
2,870
Market Cap
₹391 Cr
52W Low
₹102.60
52W High
₹259.90
LTP
0.00 (0.00%)
Volume
0
Market Cap
₹0 Cr
52W Low
₹0.00
52W High
₹1.00
LTP
1.25 (0.70%)
Volume
4,44,644
Market Cap
₹2,404 Cr
52W Low
₹77.55
52W High
₹191.70
LTP
0.92 (0.48%)
Volume
9,29,321
Market Cap
₹3,403 Cr
52W Low
₹85.00
52W High
₹223.60
LTP
0.28 (3.00%)
Volume
8,37,815
Market Cap
₹163 Cr
52W Low
₹4.35
52W High
₹16.20
LTP
0.12 (4.69%)
Volume
801
Market Cap
₹2 Cr
52W Low
₹0.00
52W High
₹2.68
LTP
0.00 (0.00%)
Volume
10,213
Market Cap
₹0 Cr
52W Low
₹0.00
52W High
₹0.50
LTP
-5.45 (-4.91%)
Volume
4,000
Market Cap
₹32 Cr
52W Low
₹79.50
52W High
₹166.70
LTP
1.65 (4.98%)
Volume
6,902
Market Cap
₹15 Cr
52W Low
₹21.05
52W High
₹51.17
LTP
2.05 (0.35%)
Volume
23,744
Market Cap
₹2,952 Cr
52W Low
₹501.00
52W High
₹859.00
LTP
-0.01 (-0.10%)
Volume
2,33,11,270
Market Cap
₹1,513 Cr
52W Low
₹9.90
52W High
₹16.83
LTP
0.00 (0.00%)
Volume
1,025
Market Cap
₹5 Cr
52W Low
₹0.00
52W High
₹1.30
LTP
0.00 (0.00%)
Volume
0
Market Cap
₹0 Cr
52W Low
₹0.00
52W High
₹12.50
LTP
-0.14 (-0.30%)
Volume
55,667
Market Cap
₹77 Cr
52W Low
₹22.10
52W High
₹56.42
LTP
4.22 (4.99%)
Volume
1,46,561
Market Cap
₹719 Cr
52W Low
₹8.63
52W High
₹88.73
LTP
82.00 (2.33%)
Volume
13,299
Market Cap
₹24,672 Cr
52W Low
₹2,492.35
52W High
₹3,938.80
LTP
3.15 (1.62%)
Volume
10,86,401
Market Cap
₹944 Cr
52W Low
₹107.10
52W High
₹208.35
LTP
3.60 (3.99%)
Volume
5,944
Market Cap
₹99 Cr
52W Low
₹38.60
52W High
₹114.90
LTP
0.32 (2.50%)
Volume
9,75,646
Market Cap
₹1,022 Cr
52W Low
₹7.30
52W High
₹15.96
LTP
5.50 (9.48%)
Volume
3,000
Market Cap
₹48 Cr
52W Low
₹30.00
52W High
₹90.30
LTP
0.70 (1.99%)
Volume
1,014
Market Cap
₹19 Cr
52W Low
₹15.26
52W High
₹53.34
LTP
0.46 (0.92%)
Volume
79,826
Market Cap
₹504 Cr
52W Low
₹23.76
52W High
₹58.00
LTP
0.00 (0.00%)
Volume
32,673
Market Cap
₹169 Cr
52W Low
₹13.80
52W High
₹30.45
LTP
-0.07 (-0.39%)
Volume
42,66,857
Market Cap
₹3,038 Cr
52W Low
₹8.73
52W High
₹33.95
LTP
1.70 (0.62%)
Volume
5,76,122
Market Cap
₹9,638 Cr
52W Low
₹173.15
52W High
₹299.00
LTP
1.67 (0.87%)
Volume
52,169
Market Cap
₹260 Cr
52W Low
₹181.65
52W High
₹448.00
LTP
-2.02 (-2.02%)
Volume
11,55,044
Market Cap
₹1,132 Cr
52W Low
₹83.40
52W High
₹145.60
LTP
0.00 (0.00%)
Volume
4,68,265
Market Cap
₹12 Cr
52W Low
₹0.00
52W High
₹2.55
LTP
0.45 (0.75%)
Volume
34,207
Market Cap
₹312 Cr
52W Low
₹33.75
52W High
₹94.90
LTP
-0.75 (-1.25%)
Volume
16,745
Market Cap
₹117 Cr
52W Low
₹46.15
52W High
₹94.25
LTP
0.07 (1.46%)
Volume
37,60,949
Market Cap
₹203 Cr
52W Low
₹2.55
52W High
₹5.50
LTP
25.55 (5.00%)
Volume
491
Market Cap
₹260 Cr
52W Low
₹75.00
52W High
₹752.20
LTP
-0.76 (-2.00%)
Volume
6,944
Market Cap
₹13 Cr
52W Low
₹29.50
52W High
₹50.80
LTP
1.55 (0.59%)
Volume
4,376
Market Cap
₹236 Cr
52W Low
₹207.90
52W High
₹353.00
LTP
6.25 (0.91%)
Volume
5,76,662
Market Cap
₹19,116 Cr
52W Low
₹384.05
52W High
₹745.30
LTP
0.00 (0.00%)
Volume
1,14,982
Market Cap
₹939 Cr
52W Low
₹0.00
52W High
₹205.30
LTP
4.83 (3.39%)
Volume
2,44,96,519
Market Cap
₹58,736 Cr
52W Low
₹81.80
52W High
₹175.35
LTP
-0.33 (-2.27%)
Volume
53,21,180
Market Cap
₹1,716 Cr
52W Low
₹7.80
52W High
₹18.40
LTP
0.08 (4.76%)
Volume
500
Market Cap
₹7 Cr
52W Low
₹0.00
52W High
₹1.76
LTP
0.00 (0.00%)
Volume
3,900
Market Cap
₹2 Cr
52W Low
₹0.00
52W High
₹4.00
LTP
-1.28 (-0.51%)
Volume
3,07,693
Market Cap
₹4,520 Cr
52W Low
₹159.05
52W High
₹274.79
LTP
100.00 (20.00%)
Volume
6,600
Market Cap
₹576 Cr
52W Low
₹445.00
52W High
₹618.00
LTP
0.00 (0.00%)
Volume
1,45,264
Market Cap
₹45 Cr
52W Low
₹0.50
52W High
₹1.79
LTP
0.10 (0.04%)
Volume
1,980
Market Cap
₹439 Cr
52W Low
₹128.20
52W High
₹318.95
LTP
-14.95 (-2.20%)
Volume
2,896
Market Cap
₹774 Cr
52W Low
₹212.15
52W High
₹951.00
LTP
-5.85 (-1.81%)
Volume
5,800
Market Cap
₹358 Cr
52W Low
₹186.20
52W High
₹734.60
LTP
0.35 (0.06%)
Volume
1,58,912
Market Cap
₹6,611 Cr
52W Low
₹364.53
52W High
₹841.65
LTP
-2.55 (-3.75%)
Volume
50,400
Market Cap
₹158 Cr
52W Low
₹64.25
52W High
₹126.00
LTP
0.00 (0.00%)
Volume
100
Market Cap
₹8 Cr
52W Low
₹10.65
52W High
₹25.41
LTP
0.00 (0.00%)
Volume
2,57,937
Market Cap
₹3,508 Cr
52W Low
₹721.00
52W High
₹1,128.80
LTP
0.00 (0.00%)
Volume
37,62,138
Market Cap
₹9,354 Cr
52W Low
₹0.00
52W High
₹89.05
LTP
0.00 (0.00%)
Volume
97,913
Market Cap
₹3,741 Cr
52W Low
₹556.00
52W High
₹856.45
LTP
5.12 (3.25%)
Volume
4,39,98,041
Market Cap
₹1,96,553 Cr
52W Low
₹114.60
52W High
₹184.60
LTP
0.00 (0.00%)
Volume
28,55,608
Market Cap
₹0 Cr
52W Low
₹0.00
52W High
₹238.05
LTP
210.75 (7.52%)
Volume
32,921
Market Cap
₹6,439 Cr
52W Low
₹1,532.50
52W High
₹3,190.00
LTP
132.95 (3.30%)
Volume
2,22,265
Market Cap
₹77,891 Cr
52W Low
₹2,758.00
52W High
₹4,681.70
LTP
4.48 (4.99%)
Volume
9,059
Market Cap
₹135 Cr
52W Low
₹56.77
52W High
₹125.75
LTP
-0.11 (-1.63%)
Volume
36,187
Market Cap
₹7 Cr
52W Low
₹5.47
52W High
₹8.50
LTP
1.49 (4.99%)
Volume
29,894
Market Cap
₹48 Cr
52W Low
₹19.20
52W High
₹36.80
LTP
8.30 (2.28%)
Volume
12,89,909
Market Cap
₹11,067 Cr
52W Low
₹252.80
52W High
₹427.80
LTP
0.13 (1.31%)
Volume
4,052
Market Cap
₹5 Cr
52W Low
₹4.51
52W High
₹20.99
LTP
-0.45 (-0.15%)
Volume
92,619
Market Cap
₹2,416 Cr
52W Low
₹174.80
52W High
₹342.80
LTP
-0.42 (-0.78%)
Volume
4,32,878
Market Cap
₹161 Cr
52W Low
₹20.45
52W High
₹62.55
LTP
18.90 (0.84%)
Volume
2,94,212
Market Cap
₹4,576 Cr
52W Low
₹1,203.00
52W High
₹2,381.00
LTP
13.55 (5.00%)
Volume
1,07,368
Market Cap
₹505 Cr
52W Low
₹221.70
52W High
₹446.25
LTP
-2.60 (-0.51%)
Volume
38,000
Market Cap
₹1,248 Cr
52W Low
₹203.80
52W High
₹555.00
LTP
-1.43 (-0.60%)
Volume
1,59,501
Market Cap
₹791 Cr
52W Low
₹225.01
52W High
₹273.00
LTP
6.55 (1.03%)
Volume
4,40,254
Market Cap
₹16,733 Cr
52W Low
₹310.00
52W High
₹678.50
LTP
0.72 (1.49%)
Volume
4,81,865
Market Cap
₹2,560 Cr
52W Low
₹28.41
52W High
₹52.50
LTP
0.02 (4.76%)
Volume
800
Market Cap
₹0 Cr
52W Low
₹0.42
52W High
₹0.44
LTP
0.13 (1.25%)
Volume
3,29,434
Market Cap
₹147 Cr
52W Low
₹3.80
52W High
₹15.45
With Zero Brokerage on Equity Delivery
Steel, an alloy of iron, boasts remarkable strength and use cases across sectors, from skyscrapers to scalpels. It is iron, infused with a dash of carbon (though less than 2%). Tiny amounts of other elements like chromium can grant it further powers, like resisting rust or becoming super strong. The raw materials that are used in steelmaking include iron ore, metallurgical coal, and scrap steel. Integrated steelmaking is a 2 step process involving:
Blast furnace (BF) uses inputs such as coke, iron ore, sinter, and limestone to produce pig iron. Basic oxygen furnace (BOF), on the other hand, involves further purification of pig iron to produce molten steel or crude steel.
Steel can be used in a variety of sectors such as automobiles, defence, construction, home appliances, machinery, furniture, ship-building, etc. Key drivers of the steel industry are technology, manufacturing method, operational integration, and operating efficiency. The steel industry is quite capital-intensive and has a fairly high fixed-cost base. A steel-maker can control cost by maximising capacity utilisation.
India is the world’s second-largest producer of crude steel. It produced an 125.32 MT of crude steel and 121.29 MT of finished steel in FY23. In October 2021, the Union government announced guidelines for the Production-linked Incentive Scheme (PLI) for speciality steel production. Under the Union Budget 2023-24, the government allocated ₹70.15 crore to the Ministry of Steel.
In a country like India, where the government is going through an expansion phase in infrastructure and defence spending, steel is a vital resource. India’s finished steel consumption is expected to increase to 230 MT by 2030-31 from 119.17 MT in FY23, i.e. at a CAGR of 14.09%. Simultaneously, India’s steel production is estimated to grow 4-7% to 123-127 MT in FY24. India is home to fifth-highest reserves of iron ore in the world. Easy availability of cheap manpower and availability of abundant iron ore reserves make India competitive in the global steel market.
Investing in Steel stocks via Angel One is easy. Simply follow these steps:
If you don’t have a Demat account with Angel One, you can open one for free online within minutes.
Steel sector stocks represent companies involved in the manufacturing and distribution of steel used across various industries.
JSW Steel, Tata Steel, Jindal Steel, SAIL, etc. are some of the biggest Steel sector companies in India with publicly traded stocks.
You may assess stocks based on financial health through metrics like profitability, debt-to-equity ratio, and operational efficiency. You can also use industrial sector KPIs like throughput, on-time project delivery, capacity utilisation, etc. to assess Steel sector stocks.
The Steel industry in India is set to grow at a CAGR of 14.09%. Hence, you may consider investing in the stocks of a growing sector.
With a 5 year CAGR of nearly 130% as of February 2, 2024, Jai Balaji Industries is the best steel sector company. As such the top steel sector stock can be selected based on various factors like cash richness, market size, growth rate, etc. Do your own research before deciding which stock is the best for your investment strategy.
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