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Non Ferrous Metals Stocks

The non-ferrous metals sector, encompassing aluminium, zinc, copper, and more, thrives in India due to robust industry demand. Future prospects look promising, driven by initiatives like 'Make in India' and India's anticipated economic growth. Investing in this sector offers potential rewards, but understanding commodity prices, global economic conditions, supply dynamics, regulatory factors, the financial health of companies, and geopolitical risks is crucial. Hindalco Industries Ltd leads the sector in market cap. Gravita India Ltd is a top investment choice with a 5-year CAGR of 70.04%. Diligent evaluation and tracking of key indicators are essential for informed investment decisions. Read More
Company
LTP
Volume
Market Cap
52W Low
52W High

LTP

₹ 2

0.00 (0.00%)

Volume

0

Market Cap

₹1 Cr

52W Low

₹0.00

52W High

₹2.00

LTP

₹ 60.3

2.55 (4.42%)

Volume

115

Market Cap

₹24 Cr

52W Low

₹48.65

52W High

₹72.90

LTP

₹ 2.2

0.00 (0.00%)

Volume

66,194

Market Cap

₹25 Cr

52W Low

₹0.00

52W High

₹2.20

LTP

₹ 46.69

0.11 (0.24%)

Volume

17,237

Market Cap

₹786 Cr

52W Low

₹30.00

52W High

₹62.70

LTP

₹ 310

-4.00 (-1.27%)

Volume

4,500

Market Cap

₹326 Cr

52W Low

₹97.00

52W High

₹328.00

LTP

₹ 0.42

0.02 (5.00%)

Volume

21,500

Market Cap

₹2 Cr

52W Low

₹0.37

52W High

₹0.42

LTP

₹ 11.25

-0.63 (-5.30%)

Volume

12,000

Market Cap

₹22 Cr

52W Low

₹3.15

52W High

₹17.80

LTP

₹ 21.85

-0.55 (-2.46%)

Volume

1,82,095

Market Cap

₹178 Cr

52W Low

₹9.50

52W High

₹31.30

LTP

₹ 98

0.00 (0.00%)

Volume

12,452

Market Cap

₹144 Cr

52W Low

₹34.75

52W High

₹127.55

LTP

₹ 198.05

-5.90 (-2.89%)

Volume

1,000

Market Cap

₹500 Cr

52W Low

₹112.00

52W High

₹213.00

LTP

₹ 2.83

-0.14 (-4.71%)

Volume

3,944

Market Cap

₹2 Cr

52W Low

₹1.70

52W High

₹3.22

LTP

₹ 0.35

0.00 (0.00%)

Volume

1,09,554

Market Cap

₹2 Cr

52W Low

₹0.00

52W High

₹0.36

LTP

₹ 1,288.5

8.05 (0.63%)

Volume

1,93,733

Market Cap

₹8,833 Cr

52W Low

₹590.00

52W High

₹1,350.00

LTP

₹ 39

2.95 (8.18%)

Volume

2,64,000

Market Cap

₹46 Cr

52W Low

₹30.50

52W High

₹39.00

LTP

₹ 0.9

0.00 (0.00%)

Volume

500

Market Cap

₹1 Cr

52W Low

₹0.00

52W High

₹0.90

LTP

₹ 1.32

0.00 (0.00%)

Volume

1

Market Cap

₹1 Cr

52W Low

₹0.00

52W High

₹1.32

LTP

₹ 684.75

4.05 (0.59%)

Volume

58,34,255

Market Cap

₹1,52,946 Cr

52W Low

₹407.45

52W High

₹715.25

LTP

₹ 338.85

2.95 (0.88%)

Volume

28,18,022

Market Cap

₹32,482 Cr

52W Low

₹112.25

52W High

₹415.80

LTP

₹ 670

-2.40 (-0.36%)

Volume

5,14,863

Market Cap

₹2,84,132 Cr

52W Low

₹284.60

52W High

₹807.70

LTP

₹ 136.54

-3.14 (-2.25%)

Volume

81,349

Market Cap

₹755 Cr

52W Low

₹64.45

52W High

₹175.00

LTP

₹ 29.28

-0.55 (-1.84%)

Volume

75,340

Market Cap

₹195 Cr

52W Low

₹21.40

52W High

₹46.00

LTP

₹ 2.27

0.10 (4.61%)

Volume

13

Market Cap

₹2 Cr

52W Low

₹0.00

52W High

₹2.27

LTP

₹ 277.45

0.70 (0.25%)

Volume

6,169

Market Cap

₹703 Cr

52W Low

₹170.85

52W High

₹309.90

LTP

₹ 109.25

-0.75 (-0.68%)

Volume

14

Market Cap

₹27 Cr

52W Low

₹36.20

52W High

₹125.00

LTP

₹ 194.22

7.66 (4.11%)

Volume

2,48,79,476

Market Cap

₹34,253 Cr

52W Low

₹80.65

52W High

₹206.30

LTP

₹ 1,240

-11.45 (-0.91%)

Volume

4,507

Market Cap

₹375 Cr

52W Low

₹659.95

52W High

₹1,590.00

LTP

₹ 628

19.00 (3.12%)

Volume

7

Market Cap

₹24 Cr

52W Low

₹400.00

52W High

₹952.05

LTP

₹ 0.19

0.00 (0.00%)

Volume

100

Market Cap

₹1 Cr

52W Low

₹0.00

52W High

₹0.19

LTP

₹ 186.8

-2.90 (-1.53%)

Volume

4,226

Market Cap

₹224 Cr

52W Low

₹160.30

52W High

₹296.80

LTP

₹ 424.85

-3.40 (-0.79%)

Volume

18,869

Market Cap

₹239 Cr

52W Low

₹167.00

52W High

₹468.80

LTP

₹ 694.9

10.85 (1.59%)

Volume

20,902

Market Cap

₹794 Cr

52W Low

₹374.20

52W High

₹906.30

LTP

₹ 48.1

-0.52 (-1.07%)

Volume

8,327

Market Cap

₹49 Cr

52W Low

₹26.30

52W High

₹66.15

LTP

₹ 142.6

4.97 (3.61%)

Volume

7,15,098

Market Cap

₹2,458 Cr

52W Low

₹82.10

52W High

₹155.50

LTP

₹ 389.35

-0.90 (-0.23%)

Volume

31,065

Market Cap

₹1,719 Cr

52W Low

₹227.45

52W High

₹411.45

LTP

₹ 4.58

-0.24 (-4.98%)

Volume

14,563

Market Cap

₹7 Cr

52W Low

₹2.86

52W High

₹6.41

LTP

₹ 20.7

-0.04 (-0.19%)

Volume

8,402

Market Cap

₹52 Cr

52W Low

₹16.75

52W High

₹27.80

LTP

₹ 29.25

0.93 (3.28%)

Volume

14,121

Market Cap

₹48 Cr

52W Low

₹20.15

52W High

₹40.45

LTP

₹ 181.5

3.80 (2.14%)

Volume

11,000

Market Cap

₹405 Cr

52W Low

₹96.00

52W High

₹209.00

LTP

₹ 544.45

1.05 (0.19%)

Volume

37,717

Market Cap

₹3,125 Cr

52W Low

₹460.00

52W High

₹750.00

LTP

₹ 71.4

1.43 (2.04%)

Volume

30,000

Market Cap

₹132 Cr

52W Low

₹55.00

52W High

₹143.75

LTP

₹ 41

-0.33 (-0.80%)

Volume

63,617

Market Cap

₹218 Cr

52W Low

₹27.72

52W High

₹60.04

LTP

₹ 0.51

-0.02 (-3.77%)

Volume

2,92,756

Market Cap

₹8 Cr

52W Low

₹0.37

52W High

₹0.69

LTP

₹ 47.4

2.25 (4.98%)

Volume

11,583

Market Cap

₹33 Cr

52W Low

₹4.40

52W High

₹63.26

LTP

₹ 69.81

-3.15 (-4.32%)

Volume

1,386

Market Cap

₹13 Cr

52W Low

₹57.21

52W High

₹199.30

LTP

₹ 430.5

0.00 (0.00%)

Volume

8,77,141

Market Cap

₹4,506 Cr

52W Low

₹301.95

52W High

₹461.90

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About Non-Ferrous Metals Sector

The non-ferrous metals sector includes those companies involved in the production of aluminium, zinc, copper, lead and other non-ferrous metals. There are two main segments in the non-ferrous metals industry: the primary segment and the secondary section. The participants in the primary category are those who produce metals from their respective ores and are partially present in some downstream/value-added goods. In contrast, a vast number of downstream companies that produce a variety of value-added products make up the secondary segment, which also includes the recycling business that turns scrap metal into metal.

The non-ferrous metals industry has witnessed healthy growth in India. This has been supported by the growing demand from the automotive, construction, electrical, consumer durables, packaging, renewable energy and galvanised steel sectors and well established related industries for access to raw materials.

Summary

The non-ferrous metals sector, encompassing aluminium, zinc, copper, and more, thrives in India due to robust demand from various industries. Future prospects look promising, driven by initiatives like ‘Make in India’ and India’s anticipated economic growth. Investing in this sector offers potential rewards, but understanding commodity prices, global economic conditions, supply dynamics, regulatory factors, financial health of companies, and geopolitical risks is crucial. Hindalco Industries Ltd leads the sector in market cap. Gravita India Ltd emerges as a top investment choice with a notable 5-year CAGR of 70.04%. Diligent evaluation and tracking of key indicators are essential for informed investment decisions.

Future Outlook Of The Non-Ferrous Metals Sector

The boost to the Indian manufacturing sector due to the government’s campaign ‘Make in India’ is likely to provide an impetus to non-ferrous metals consumption. With respect to demand, India has strong potential, given that the country is anticipated to be among the fastest-growing large economies.

The key ingredients for the growth of the non-ferrous industry are strong demand, availability of raw materials, the high entrepreneurial quotient of the country, development of the ancillary industry, technology, etc.

Things To Consider Before Investing In The Non-Ferrous Metals Industry

Investing in the non-ferrous metal industry can be rewarding, but it also comes with its own set of risks and considerations. Here are some factors you should consider before investing in non-ferrous metal industry stocks:

  • Commodity Prices: Non-ferrous metals, such as copper, aluminium, and nickel, are highly sensitive to commodity prices. Changes in global demand and supply can significantly impact prices. Before investing, analyse historical price trends and understand the factors that influence them.
  • Global Economic Conditions: The non-ferrous metal industry is closely tied to global economic conditions. Economic downturns can lead to decreased demand for metals, affecting prices and, ultimately, company profitability.
  • Supply and Demand Dynamics: Study the supply and demand dynamics for specific non-ferrous metals. Overcapacity or shortages can affect prices and company performance. Factors such as new mining projects, geopolitical issues, and technological advancements can impact supply.
  • Currency Risks: Many non-ferrous metal companies operate globally, and their revenues are often denominated in various currencies. Exchange rate fluctuations can affect the company’s financial performance when translating revenues and costs back into the reporting currency.
  • Regulatory Environment: Government regulations can have a significant impact on the non-ferrous metal industry. Environmental regulations, mining permits, and labour laws are among the factors that can affect a company’s operations and profitability.
  • Company Financials: Assess the financial health of the companies you’re considering. Look at key financial metrics, such as revenue growth, profit margins, debt levels, and return on equity. A strong balance sheet and consistent profitability are positive indicators.
  • Geopolitical Risks: The industry may be affected by geopolitical events, trade tensions, or changes in government policies. Keep an eye on global events that may impact the stability of metal markets.

How To Invest In The Non-Ferrous Metals Sector Stocks?

To invest in sector stocks via Angel One, follow these steps:

  • Log in to your Angel One account.
  • Click on the search icon and look for your desired non-ferrous metals sector stock.
  • Now, place your buy order. Simply click on the ‘Buy’ button, enter your desired quantity, and select the order type.
  • To complete your transaction, click on the ‘Buy’ button.

You can track the status of the purchase from the ‘Positions’ section in the ‘Orders’ module. Once the stock is delivered, you can track its gains and losses from your ‘Portfolio.’

FAQs

What are non-ferrous metals sector stocks?

The non-ferrous metals sector stocks are those involved in the production of aluminium, zinc, copper, lead and other non-ferrous metals.

Which is the top stock from the non-ferrous metals sector in terms of market cap?

As of January 31, 2024, Hindalco Industries Ltd is the top stock from the non-ferrous metals sector with a market capitalisation of ₹1,27,018.93 crore.

How to evaluate non-ferrous metals sector stocks?

To evaluate non-ferrous metals sector stocks, you need to consider key performance indicators such as production and sales volume, average realisation price, capacity and capacity utilisation rate, etc.

Why should you invest in non-ferrous metals sector stocks?

Considering the ongoing infrastructure boom in India, the demand for non-ferrous metals is likely to witness substantial growth. Thus, investing in this sector could help you in diversification and long-term growth.

Which are the best non-ferrous metals sector stocks to invest in?

Gravita India Ltd is one of the best non-ferrous metals sector stocks on the basis of a 5Y CAGR of 70.04% as of January 31, 2024.

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