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Steel Stocks

The steel sector, a cornerstone of various industries, including construction, automotive, and manufacturing, is propelled by technology, operational efficiency, and government initiatives like the PLI scheme. India's significant reserves of iron ore and expanding infrastructure projects promise growth. Before investing, assess global and Indian market outlooks, scrutinise company-specific financials, and align with investment objectives. Angel One offers a convenient platform for investing in steel stocks like JSW Steel and Tata Steel. Consider factors like market cap, growth rate, and financial health when selecting the best steel sector stocks for your investment strategy. Read More
Company
LTP
Volume
Market Cap
52W Low
52W High

LTP

₹ 5.08

0.17 (3.46%)

Volume

91,984

Market Cap

₹11 Cr

52W Low

₹3.26

52W High

₹6.33

LTP

₹ 10.24

-0.01 (-0.10%)

Volume

5,491

Market Cap

₹5 Cr

52W Low

₹8.26

52W High

₹12.33

LTP

₹ 32.4

0.00 (0.00%)

Volume

8,000

Market Cap

₹80 Cr

52W Low

₹23.65

52W High

₹58.75

LTP

₹ 82.07

5.04 (6.54%)

Volume

4,55,958

Market Cap

₹871 Cr

52W Low

₹72.14

52W High

₹144.40

LTP

₹ 172.43

1.44 (0.84%)

Volume

6,59,958

Market Cap

₹2,211 Cr

52W Low

₹148.01

52W High

₹272.00

LTP

₹ 60.85

0.60 (1.00%)

Volume

10,955

Market Cap

₹78 Cr

52W Low

₹53.05

52W High

₹109.40

LTP

₹ 3.5

0.00 (0.00%)

Volume

600

Market Cap

₹0 Cr

52W Low

₹0.00

52W High

₹3.50

LTP

₹ 1.9

0.01 (0.53%)

Volume

4,09,667

Market Cap

₹75 Cr

52W Low

₹1.72

52W High

₹16.68

LTP

₹ 1.85

-0.02 (-1.07%)

Volume

13,937

Market Cap

₹27 Cr

52W Low

₹1.75

52W High

₹4.99

LTP

₹ 7

0.29 (4.32%)

Volume

7,245

Market Cap

₹3 Cr

52W Low

₹4.43

52W High

₹7.52

LTP

₹ 21

-1.00 (-4.55%)

Volume

14,286

Market Cap

₹18 Cr

52W Low

₹18.08

52W High

₹52.50

LTP

₹ 110

-0.65 (-0.59%)

Volume

5,905

Market Cap

₹146 Cr

52W Low

₹81.00

52W High

₹135.40

LTP

₹ 320.35

3.00 (0.95%)

Volume

30,650

Market Cap

₹4,978 Cr

52W Low

₹306.40

52W High

₹503.95

LTP

₹ 464.5

-4.60 (-0.98%)

Volume

2,220

Market Cap

₹895 Cr

52W Low

₹435.00

52W High

₹742.50

LTP

₹ 176.33

-1.41 (-0.79%)

Volume

54,474

Market Cap

₹1,217 Cr

52W Low

₹122.23

52W High

₹254.50

LTP

₹ 13

-0.11 (-0.84%)

Volume

14,357

Market Cap

₹118 Cr

52W Low

₹10.20

52W High

₹20.30

LTP

₹ 0.6

0.00 (0.00%)

Volume

6,57,502

Market Cap

₹14 Cr

52W Low

₹0.00

52W High

₹0.65

LTP

₹ 43.11

-0.26 (-0.60%)

Volume

2,84,545

Market Cap

₹976 Cr

52W Low

₹39.36

52W High

₹68.10

LTP

₹ 52.4

-0.36 (-0.68%)

Volume

700

Market Cap

₹28 Cr

52W Low

₹48.20

52W High

₹79.95

LTP

₹ 25.45

15.55 (157.07%)

Volume

500

Market Cap

₹18 Cr

52W Low

₹0.00

52W High

₹26.50

LTP

₹ 151.1

-0.05 (-0.03%)

Volume

8,250

Market Cap

₹365 Cr

52W Low

₹103.70

52W High

₹178.80

LTP

₹ 1,133.1

9.25 (0.82%)

Volume

4,600

Market Cap

₹1,033 Cr

52W Low

₹1,100.00

52W High

₹1,960.00

LTP

₹ 32.23

1.53 (4.98%)

Volume

2,700

Market Cap

₹14 Cr

52W Low

₹10.84

52W High

₹32.40

LTP

₹ 230.6

-0.55 (-0.24%)

Volume

12,315

Market Cap

₹356 Cr

52W Low

₹185.99

52W High

₹446.70

LTP

₹ 270.05

1.65 (0.61%)

Volume

41,476

Market Cap

₹1,859 Cr

52W Low

₹167.00

52W High

₹360.00

LTP

₹ 6.68

0.04 (0.60%)

Volume

74,805

Market Cap

₹72 Cr

52W Low

₹5.95

52W High

₹13.98

LTP

₹ 1.55

0.00 (0.00%)

Volume

400

Market Cap

₹1 Cr

52W Low

₹0.00

52W High

₹1.55

LTP

₹ 23.11

1.09 (4.95%)

Volume

6,000

Market Cap

₹28 Cr

52W Low

₹20.31

52W High

₹49.50

LTP

₹ 23.7

-1.05 (-4.24%)

Volume

300

Market Cap

₹13 Cr

52W Low

₹14.00

52W High

₹25.98

LTP

₹ 1,006.15

-34.25 (-3.29%)

Volume

12,166

Market Cap

₹1,325 Cr

52W Low

₹673.35

52W High

₹1,455.00

LTP

₹ 232.07

28.63 (14.07%)

Volume

2,74,88,820

Market Cap

₹2,042 Cr

52W Low

₹179.32

52W High

₹244.12

LTP

₹ 46.9

0.00 (0.00%)

Volume

4,800

Market Cap

₹21 Cr

52W Low

₹42.00

52W High

₹76.00

LTP

₹ 0.27

-0.01 (-3.57%)

Volume

500

Market Cap

₹6 Cr

52W Low

₹0.00

52W High

₹0.27

LTP

₹ 537.75

-57.85 (-9.71%)

Volume

15,95,317

Market Cap

₹14,360 Cr

52W Low

₹292.05

52W High

₹802.25

LTP

₹ 923.2

5.25 (0.57%)

Volume

15,968

Market Cap

₹1,124 Cr

52W Low

₹585.50

52W High

₹1,031.80

LTP

₹ 0.45

-0.02 (-4.26%)

Volume

700

Market Cap

₹1 Cr

52W Low

₹0.00

52W High

₹0.45

LTP

₹ 163

2.95 (1.84%)

Volume

3,777

Market Cap

₹87 Cr

52W Low

₹155.20

52W High

₹345.00

LTP

₹ 69.38

-0.06 (-0.09%)

Volume

48,171

Market Cap

₹363 Cr

52W Low

₹63.19

52W High

₹118.85

LTP

₹ 260

4.01 (1.57%)

Volume

29,03,588

Market Cap

₹17,135 Cr

52W Low

₹145.75

52W High

₹278.00

LTP

₹ 1,246.4

-20.40 (-1.61%)

Volume

99,593

Market Cap

₹4,203 Cr

52W Low

₹567.75

52W High

₹1,349.00

LTP

₹ 10.21

0.00 (0.00%)

Volume

31,856

Market Cap

₹28 Cr

52W Low

₹7.62

52W High

₹10.21

LTP

₹ 468.45

-8.65 (-1.81%)

Volume

86,211

Market Cap

₹1,477 Cr

52W Low

₹320.35

52W High

₹669.90

LTP

₹ 209

0.00 (0.00%)

Volume

50

Market Cap

₹12 Cr

52W Low

₹0.00

52W High

₹209.00

LTP

₹ 7.61

0.11 (1.47%)

Volume

4,942

Market Cap

₹4 Cr

52W Low

₹5.00

52W High

₹10.98

LTP

₹ 116.29

0.32 (0.28%)

Volume

10,76,445

Market Cap

₹2,358 Cr

52W Low

₹84.80

52W High

₹195.00

LTP

₹ 174.48

-0.21 (-0.12%)

Volume

3,859

Market Cap

₹95 Cr

52W Low

₹160.05

52W High

₹246.65

LTP

₹ 44.9

0.01 (0.02%)

Volume

3,237

Market Cap

₹207 Cr

52W Low

₹28.50

52W High

₹55.15

LTP

₹ 12.94

-0.26 (-1.97%)

Volume

6,87,306

Market Cap

₹525 Cr

52W Low

₹3.81

52W High

₹14.58

LTP

₹ 2,017.1

-5.10 (-0.25%)

Volume

84,947

Market Cap

₹3,395 Cr

52W Low

₹1,264.00

52W High

₹2,400.00

LTP

₹ 120.19

0.00 (0.00%)

Volume

10,17,392

Market Cap

₹3,612 Cr

52W Low

₹68.20

52W High

₹157.90

LTP

₹ 96.5

0.76 (0.79%)

Volume

10,16,145

Market Cap

₹8,690 Cr

52W Low

₹92.15

52W High

₹224.80

LTP

₹ 179.6

-1.35 (-0.75%)

Volume

49,000

Market Cap

₹408 Cr

52W Low

₹178.05

52W High

₹456.00

LTP

₹ 71.6

-2.55 (-3.44%)

Volume

77,24,617

Market Cap

₹7,195 Cr

52W Low

₹28.00

52W High

₹75.80

LTP

₹ 562.8

0.00 (0.00%)

Volume

8,30,836

Market Cap

₹13,230 Cr

52W Low

₹360.00

52W High

₹576.90

LTP

₹ 799.3

1.80 (0.23%)

Volume

2,59,309

Market Cap

₹65,723 Cr

52W Low

₹496.60

52W High

₹818.95

LTP

₹ 1,009.1

-0.70 (-0.07%)

Volume

10,65,307

Market Cap

₹1,02,886 Cr

52W Low

₹723.35

52W High

₹1,087.60

LTP

₹ 39

0.00 (0.00%)

Volume

90,78,528

Market Cap

₹1,830 Cr

52W Low

₹0.00

52W High

₹39.15

LTP

₹ 1,136.7

-15.80 (-1.37%)

Volume

16,67,572

Market Cap

₹2,81,826 Cr

52W Low

₹880.00

52W High

₹1,178.80

LTP

₹ 68.71

-1.43 (-2.04%)

Volume

6,26,996

Market Cap

₹2,691 Cr

52W Low

₹59.77

52W High

₹112.10

LTP

₹ 31.4

1.40 (4.67%)

Volume

2,000

Market Cap

₹39 Cr

52W Low

₹27.00

52W High

₹55.00

LTP

₹ 847

11.90 (1.42%)

Volume

64,617

Market Cap

₹3,647 Cr

52W Low

₹666.50

52W High

₹1,277.00

LTP

₹ 27.26

-0.15 (-0.55%)

Volume

4,42,399

Market Cap

₹773 Cr

52W Low

₹25.10

52W High

₹53.98

LTP

₹ 8.18

0.05 (0.62%)

Volume

3,23,405

Market Cap

₹256 Cr

52W Low

₹8.00

52W High

₹23.52

LTP

₹ 49.05

-0.52 (-1.05%)

Volume

6,444

Market Cap

₹141 Cr

52W Low

₹24.25

52W High

₹56.10

LTP

₹ 102.5

-0.50 (-0.49%)

Volume

1,800

Market Cap

₹222 Cr

52W Low

₹90.50

52W High

₹220.00

LTP

₹ 30.5

-1.08 (-3.42%)

Volume

11,226

Market Cap

₹112 Cr

52W Low

₹29.20

52W High

₹48.05

LTP

₹ 452.2

0.00 (0.00%)

Volume

2,20,635

Market Cap

₹8,511 Cr

52W Low

₹0.00

52W High

₹477.95

LTP

₹ 210.8

-3.80 (-1.77%)

Volume

9,500

Market Cap

₹305 Cr

52W Low

₹196.05

52W High

₹384.00

LTP

₹ 8.5

-0.01 (-0.12%)

Volume

1,06,403

Market Cap

₹227 Cr

52W Low

₹7.49

52W High

₹13.96

LTP

₹ 80

-2.00 (-2.44%)

Volume

4,800

Market Cap

₹83 Cr

52W Low

₹79.00

52W High

₹88.00

LTP

₹ 7.95

-0.15 (-1.85%)

Volume

2,822

Market Cap

₹4 Cr

52W Low

₹7.59

52W High

₹15.84

LTP

₹ 558.55

-8.50 (-1.50%)

Volume

11,041

Market Cap

₹929 Cr

52W Low

₹179.53

52W High

₹594.60

LTP

₹ 79.99

-0.01 (-0.01%)

Volume

19,000

Market Cap

₹114 Cr

52W Low

₹50.55

52W High

₹88.79

LTP

₹ 407.65

0.20 (0.05%)

Volume

2,84,591

Market Cap

₹3,056 Cr

52W Low

₹201.55

52W High

₹468.00

LTP

₹ 155.75

0.54 (0.35%)

Volume

6,23,072

Market Cap

₹1,646 Cr

52W Low

₹56.70

52W High

₹171.95

LTP

₹ 60.21

2.13 (3.67%)

Volume

28,070

Market Cap

₹381 Cr

52W Low

₹43.05

52W High

₹75.68

LTP

₹ 48.75

-2.55 (-4.97%)

Volume

17,600

Market Cap

₹127 Cr

52W Low

₹26.25

52W High

₹80.20

LTP

₹ 241.29

0.55 (0.23%)

Volume

8,918

Market Cap

₹715 Cr

52W Low

₹132.00

52W High

₹265.00

LTP

₹ 1.83

-0.09 (-4.69%)

Volume

50,950

Market Cap

₹11 Cr

52W Low

₹0.00

52W High

₹2.00

LTP

₹ 70.95

-0.05 (-0.07%)

Volume

1,095

Market Cap

₹52 Cr

52W Low

₹63.50

52W High

₹101.00

LTP

₹ 9.58

-0.50 (-4.96%)

Volume

1,824

Market Cap

₹132 Cr

52W Low

₹0.00

52W High

₹9.58

LTP

₹ 80

-4.20 (-4.99%)

Volume

6,000

Market Cap

₹97 Cr

52W Low

₹80.00

52W High

₹114.40

LTP

₹ 17.64

0.05 (0.28%)

Volume

4,810

Market Cap

₹24 Cr

52W Low

₹13.21

52W High

₹22.80

LTP

₹ 34.94

-0.64 (-1.80%)

Volume

3,62,157

Market Cap

₹2,016 Cr

52W Low

₹21.60

52W High

₹51.45

LTP

₹ 129.01

-0.38 (-0.29%)

Volume

60,357

Market Cap

₹1,874 Cr

52W Low

₹84.40

52W High

₹162.00

LTP

₹ 17.39

-0.51 (-2.85%)

Volume

949

Market Cap

₹21 Cr

52W Low

₹14.60

52W High

₹22.00

LTP

₹ 46.99

-2.01 (-4.10%)

Volume

6,252

Market Cap

₹27 Cr

52W Low

₹44.66

52W High

₹81.31

LTP

₹ 3.95

0.00 (0.00%)

Volume

13,918

Market Cap

₹0 Cr

52W Low

₹2.90

52W High

₹5.10

LTP

₹ 31.5

0.00 (0.00%)

Volume

1,600

Market Cap

₹54 Cr

52W Low

₹23.35

52W High

₹90.00

LTP

₹ 43.95

-0.05 (-0.11%)

Volume

26,72,403

Market Cap

₹12,903 Cr

52W Low

₹32.13

52W High

₹50.39

LTP

₹ 14

-0.35 (-2.44%)

Volume

9,479

Market Cap

₹52 Cr

52W Low

₹11.19

52W High

₹23.79

LTP

₹ 1.85

0.00 (0.00%)

Volume

26,878

Market Cap

₹0 Cr

52W Low

₹0.00

52W High

₹1.90

LTP

₹ 70.09

-0.06 (-0.09%)

Volume

15,215

Market Cap

₹362 Cr

52W Low

₹48.10

52W High

₹100.66

LTP

₹ 219.4

-11.50 (-4.98%)

Volume

10

Market Cap

₹654 Cr

52W Low

₹0.00

52W High

₹219.40

LTP

₹ 261.8

-9.20 (-3.39%)

Volume

2,000

Market Cap

₹204 Cr

52W Low

₹122.85

52W High

₹276.10

LTP

₹ 266.05

-9.10 (-3.31%)

Volume

262

Market Cap

₹525 Cr

52W Low

₹135.00

52W High

₹332.00

LTP

₹ 1

0.00 (0.00%)

Volume

0

Market Cap

₹0 Cr

52W Low

₹0.00

52W High

₹1.00

LTP

₹ 251.49

10.77 (4.47%)

Volume

16,48,140

Market Cap

₹3,240 Cr

52W Low

₹135.65

52W High

₹269.20

LTP

0.00 (0.00%)

Volume

Market Cap

₹0 Cr

52W Low

₹0.00

52W High

₹0.00

LTP

₹ 160.68

0.07 (0.04%)

Volume

5,60,216

Market Cap

₹2,878 Cr

52W Low

₹132.51

52W High

₹190.90

LTP

₹ 5.22

-0.06 (-1.14%)

Volume

2,19,162

Market Cap

₹92 Cr

52W Low

₹5.01

52W High

₹10.18

LTP

₹ 2.68

0.12 (4.69%)

Volume

801

Market Cap

₹2 Cr

52W Low

₹0.00

52W High

₹2.68

LTP

₹ 0.5

0.00 (0.00%)

Volume

10,213

Market Cap

₹0 Cr

52W Low

₹0.00

52W High

₹0.50

LTP

₹ 64

-0.25 (-0.39%)

Volume

1,000

Market Cap

₹18 Cr

52W Low

₹60.55

52W High

₹114.00

LTP

₹ 41.88

-0.05 (-0.12%)

Volume

1,04,873

Market Cap

₹189 Cr

52W Low

₹3.06

52W High

₹57.95

LTP

₹ 396.7

-17.00 (-4.11%)

Volume

8,55,940

Market Cap

₹2,093 Cr

52W Low

₹260.00

52W High

₹618.00

LTP

₹ 9.97

-0.03 (-0.30%)

Volume

34,05,040

Market Cap

₹1,560 Cr

52W Low

₹8.50

52W High

₹14.90

LTP

₹ 1.3

0.00 (0.00%)

Volume

1,025

Market Cap

₹5 Cr

52W Low

₹0.00

52W High

₹1.30

LTP

₹ 12.5

0.00 (0.00%)

Volume

0

Market Cap

₹0 Cr

52W Low

₹0.00

52W High

₹12.50

LTP

₹ 29

0.20 (0.69%)

Volume

2,750

Market Cap

₹47 Cr

52W Low

₹26.90

52W High

₹53.30

LTP

₹ 24.92

0.03 (0.12%)

Volume

72,143

Market Cap

₹215 Cr

52W Low

₹21.65

52W High

₹52.95

LTP

₹ 156

4.70 (3.11%)

Volume

9,37,059

Market Cap

₹804 Cr

52W Low

₹115.99

52W High

₹273.97

LTP

₹ 141.95

-1.75 (-1.22%)

Volume

2,094

Market Cap

₹158 Cr

52W Low

₹71.25

52W High

₹182.00

LTP

₹ 21.8

-0.32 (-1.45%)

Volume

8,05,932

Market Cap

₹1,759 Cr

52W Low

₹20.32

52W High

₹23.00

LTP

₹ 110

5.00 (4.76%)

Volume

1,500

Market Cap

₹87 Cr

52W Low

₹75.05

52W High

₹168.30

LTP

₹ 37.5

-0.50 (-1.32%)

Volume

516

Market Cap

₹21 Cr

52W Low

₹32.00

52W High

₹64.99

LTP

₹ 28.38

-0.11 (-0.39%)

Volume

31,807

Market Cap

₹286 Cr

52W Low

₹26.00

52W High

₹54.90

LTP

₹ 35.64

1.69 (4.98%)

Volume

1,29,010

Market Cap

₹291 Cr

52W Low

₹14.37

52W High

₹36.50

LTP

₹ 187.55

-6.05 (-3.12%)

Volume

49,000

Market Cap

₹902 Cr

52W Low

₹151.00

52W High

₹249.25

LTP

₹ 9.53

-0.11 (-1.14%)

Volume

96,65,283

Market Cap

₹1,685 Cr

52W Low

₹6.91

52W High

₹20.20

LTP

₹ 112.98

0.90 (0.80%)

Volume

9,37,775

Market Cap

₹3,296 Cr

52W Low

₹96.25

52W High

₹149.40

LTP

₹ 533.3

-12.15 (-2.23%)

Volume

8,21,109

Market Cap

₹19,222 Cr

52W Low

₹396.60

52W High

₹639.75

LTP

₹ 97.95

-0.63 (-0.64%)

Volume

11,012

Market Cap

₹135 Cr

52W Low

₹96.05

52W High

₹202.00

LTP

₹ 2.45

0.00 (0.00%)

Volume

4,68,265

Market Cap

₹12 Cr

52W Low

₹0.00

52W High

₹2.55

LTP

₹ 44

-0.88 (-1.96%)

Volume

62,408

Market Cap

₹263 Cr

52W Low

₹30.00

52W High

₹66.48

LTP

₹ 157.57

-3.72 (-2.31%)

Volume

1,78,229

Market Cap

₹967 Cr

52W Low

₹135.10

52W High

₹230.85

LTP

₹ 71.3

2.53 (3.68%)

Volume

16,356

Market Cap

₹136 Cr

52W Low

₹43.30

52W High

₹82.21

LTP

₹ 4.25

-0.01 (-0.23%)

Volume

8,53,015

Market Cap

₹254 Cr

52W Low

₹2.80

52W High

₹5.64

LTP

₹ 213

-5.15 (-2.36%)

Volume

749

Market Cap

₹111 Cr

52W Low

₹175.10

52W High

₹488.95

LTP

₹ 27.3

-0.95 (-3.36%)

Volume

10,163

Market Cap

₹9 Cr

52W Low

₹24.75

52W High

₹45.84

LTP

₹ 197.35

-1.85 (-0.93%)

Volume

976

Market Cap

₹179 Cr

52W Low

₹133.15

52W High

₹250.35

LTP

₹ 60

0.00 (0.00%)

Volume

12,000

Market Cap

₹115 Cr

52W Low

₹54.05

52W High

₹84.00

LTP

₹ 908.3

-18.80 (-2.03%)

Volume

1,54,110

Market Cap

₹25,852 Cr

52W Low

₹628.25

52W High

₹1,001.00

LTP

₹ 200.8

0.00 (0.00%)

Volume

1,14,982

Market Cap

₹939 Cr

52W Low

₹0.00

52W High

₹205.30

LTP

₹ 129.2

-0.75 (-0.58%)

Volume

75,66,449

Market Cap

₹53,656 Cr

52W Low

₹99.15

52W High

₹139.98

LTP

₹ 10

-0.13 (-1.28%)

Volume

16,71,826

Market Cap

₹1,265 Cr

52W Low

₹7.06

52W High

₹12.19

LTP

₹ 23.22

1.10 (4.97%)

Volume

15

Market Cap

₹11 Cr

52W Low

₹15.00

52W High

₹23.22

LTP

₹ 4

0.00 (0.00%)

Volume

3,900

Market Cap

₹2 Cr

52W Low

₹0.00

52W High

₹4.00

LTP

₹ 260.5

0.10 (0.04%)

Volume

1,06,934

Market Cap

₹4,685 Cr

52W Low

₹188.15

52W High

₹322.00

LTP

₹ 315

-5.00 (-1.56%)

Volume

1,800

Market Cap

₹363 Cr

52W Low

₹212.00

52W High

₹469.90

LTP

₹ 0.73

0.00 (0.00%)

Volume

2,23,902

Market Cap

₹18 Cr

52W Low

₹0.73

52W High

₹3.93

LTP

₹ 315

-18.40 (-5.52%)

Volume

30,648

Market Cap

₹607 Cr

52W Low

₹284.70

52W High

₹530.40

LTP

₹ 403.15

-21.20 (-5.00%)

Volume

9,348

Market Cap

₹484 Cr

52W Low

₹258.00

52W High

₹625.00

LTP

₹ 90.1

-1.90 (-2.07%)

Volume

200

Market Cap

₹142 Cr

52W Low

₹75.10

52W High

₹290.00

LTP

₹ 29.6

-0.40 (-1.33%)

Volume

6,000

Market Cap

₹70 Cr

52W Low

₹28.90

52W High

₹64.90

LTP

₹ 20.35

-0.41 (-1.97%)

Volume

500

Market Cap

₹11 Cr

52W Low

₹12.31

52W High

₹23.43

LTP

₹ 1,110.55

0.00 (0.00%)

Volume

2,57,937

Market Cap

₹3,508 Cr

52W Low

₹721.00

52W High

₹1,128.80

LTP

₹ 85.35

0.00 (0.00%)

Volume

37,62,138

Market Cap

₹9,354 Cr

52W Low

₹0.00

52W High

₹89.05

LTP

₹ 829.95

0.00 (0.00%)

Volume

97,913

Market Cap

₹3,741 Cr

52W Low

₹556.00

52W High

₹856.45

LTP

₹ 173.87

1.09 (0.63%)

Volume

3,07,66,272

Market Cap

₹2,15,720 Cr

52W Low

₹122.62

52W High

₹177.82

LTP

₹ 233.3

0.00 (0.00%)

Volume

28,55,608

Market Cap

₹0 Cr

52W Low

₹0.00

52W High

₹238.05

LTP

₹ 2,531

136.20 (5.69%)

Volume

25,211

Market Cap

₹5,496 Cr

52W Low

₹2,050.00

52W High

₹3,383.00

LTP

₹ 41.88

1.99 (4.99%)

Volume

6,631

Market Cap

₹66 Cr

52W Low

₹29.75

52W High

₹95.30

LTP

₹ 25.78

0.76 (3.04%)

Volume

12,586

Market Cap

₹32 Cr

52W Low

₹11.21

52W High

₹39.60

LTP

₹ 19.18

-0.74 (-3.71%)

Volume

2,73,209

Market Cap

₹59 Cr

52W Low

₹18.80

52W High

₹32.97

LTP

₹ 458.05

-2.00 (-0.43%)

Volume

2,22,878

Market Cap

₹14,027 Cr

52W Low

₹278.55

52W High

₹488.35

LTP

₹ 10.53

0.00 (0.00%)

Volume

71

Market Cap

₹5 Cr

52W Low

₹6.02

52W High

₹11.44

LTP

₹ 303.3

6.85 (2.31%)

Volume

8,80,736

Market Cap

₹2,865 Cr

52W Low

₹178.00

52W High

₹316.50

LTP

₹ 58.78

0.68 (1.17%)

Volume

1,97,852

Market Cap

₹184 Cr

52W Low

₹33.30

52W High

₹66.84

LTP

₹ 1,310

2.00 (0.15%)

Volume

44,123

Market Cap

₹2,703 Cr

52W Low

₹1,005.30

52W High

₹1,965.00

LTP

₹ 146.96

-1.22 (-0.82%)

Volume

12,365

Market Cap

₹282 Cr

52W Low

₹125.00

52W High

₹268.80

LTP

₹ 462.6

4.50 (0.98%)

Volume

12,250

Market Cap

₹1,121 Cr

52W Low

₹291.00

52W High

₹673.70

LTP

₹ 70.36

-1.18 (-1.65%)

Volume

2,41,165

Market Cap

₹355 Cr

52W Low

₹69.26

52W High

₹105.00

LTP

₹ 145.18

0.67 (0.46%)

Volume

22,027

Market Cap

₹477 Cr

52W Low

₹135.00

52W High

₹255.88

LTP

₹ 37.2

-1.20 (-3.12%)

Volume

2,99,474

Market Cap

₹2,544 Cr

52W Low

₹25.60

52W High

₹50.04

LTP

₹ 0.5

0.02 (4.17%)

Volume

450

Market Cap

₹0 Cr

52W Low

₹0.46

52W High

₹0.50

LTP

₹ 9.9

0.06 (0.61%)

Volume

9,97,031

Market Cap

₹139 Cr

52W Low

₹5.65

52W High

₹10.33

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About the Steel Sector

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:

  1. Blast Furnace (BF)
  2. Basic Oxygen Furnace (BOF)

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.

Future Outlook of the Steel Sector

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.

Things To Consider Before Investing in the Steel Sector

  1. Global and Indian steel market outlook: Delve into industry reports and expert projections to understand anticipated growth rates. Focus on companies operating in downstream sectors poised for significant expansion. Remember, external factors like fluctuating raw material costs such as iron ore, can influence profitability.
  2. Company-specific financials: Scrutinise the financial health of potential investments. Analyse profitability, cash flow management, and capital efficiency to gauge their operational robustness.
  3. Mapping the Indian steel market: Identify the major players and their respective market shares.
  4. Investment horizon and objectives: Are you seeking short-term gains or long-term capital appreciation? Choose companies that align with your timeframe. For long-term growth, prioritise businesses with established market positions and robust long-term expansion plans.

How To Invest in Steel Stocks?

Investing in Steel stocks via Angel One is easy. Simply follow these steps:

  1. Log in to your Angel One account.
  2. Click on the search icon and look for your desired Steel stock.
  3. Now, place your buy order. Simply click on the ‘Buy’ button, enter your desired quantity, and select the order type.
  4. To complete your transaction, click on the ‘Buy’ button.

If you don’t have a Demat account with Angel One, you can open one for free online within minutes.

FAQs

What are Steel sector stocks?

Steel sector stocks represent companies involved in the manufacturing and distribution of steel used across various industries.

What are the top stocks from the Steel sector in terms of market cap?

JSW Steel, Tata Steel, Jindal Steel, SAIL, etc. are some of the biggest Steel sector companies in India with publicly traded stocks.

How to evaluate Steel sector 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.

Why should you invest in Steel 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.

Which are the best Steel sector stocks to invest in?

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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