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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

-0.08 (-1.57%)

Volume

6,568

Market Cap

₹11 Cr

52W Low

₹4.63

52W High

₹8.80

LTP

₹ 9.18

-0.04 (-0.43%)

Volume

227

Market Cap

₹5 Cr

52W Low

₹8.60

52W High

₹12.75

LTP

₹ 43.8

2.80 (6.83%)

Volume

10,000

Market Cap

₹102 Cr

52W Low

₹39.55

52W High

₹72.00

LTP

₹ 215.05

-7.23 (-3.25%)

Volume

13,91,043

Market Cap

₹2,873 Cr

52W Low

₹115.00

52W High

₹272.00

LTP

₹ 80.29

1.28 (1.62%)

Volume

18,369

Market Cap

₹102 Cr

52W Low

₹76.50

52W High

₹167.35

LTP

₹ 3.5

0.00 (0.00%)

Volume

600

Market Cap

₹0 Cr

52W Low

₹0.00

52W High

₹3.50

LTP

₹ 5.81

0.27 (4.87%)

Volume

76,536

Market Cap

₹219 Cr

52W Low

₹4.99

52W High

₹34.33

LTP

₹ 2.75

0.06 (2.23%)

Volume

41,768

Market Cap

₹38 Cr

52W Low

₹2.46

52W High

₹5.39

LTP

₹ 1,374.5

34.55 (2.58%)

Volume

4,69,523

Market Cap

₹37,251 Cr

52W Low

₹1,305.00

52W High

₹1,728.95

LTP

₹ 5.95

0.26 (4.57%)

Volume

628

Market Cap

₹3 Cr

52W Low

₹4.72

52W High

₹7.15

LTP

₹ 37

-0.41 (-1.10%)

Volume

309

Market Cap

₹30 Cr

52W Low

₹32.01

52W High

₹62.65

LTP

₹ 104.55

-5.50 (-5.00%)

Volume

5,083

Market Cap

₹333 Cr

52W Low

₹86.90

52W High

₹212.75

LTP

₹ 100

1.02 (1.03%)

Volume

3,733

Market Cap

₹130 Cr

52W Low

₹67.77

52W High

₹163.70

LTP

₹ 359.7

-2.85 (-0.79%)

Volume

82,772

Market Cap

₹5,685 Cr

52W Low

₹325.10

52W High

₹503.95

LTP

₹ 176.63

-17.74 (-9.13%)

Volume

56,510

Market Cap

₹623 Cr

52W Low

₹157.15

52W High

₹296.00

LTP

₹ 584.8

1.60 (0.27%)

Volume

1,626

Market Cap

₹1,112 Cr

52W Low

₹535.30

52W High

₹845.00

LTP

₹ 171.14

3.91 (2.34%)

Volume

81,809

Market Cap

₹1,141 Cr

52W Low

₹155.40

52W High

₹346.00

LTP

₹ 14.44

0.46 (3.29%)

Volume

7,605

Market Cap

₹126 Cr

52W Low

₹12.50

52W High

₹26.77

LTP

₹ 0.6

0.00 (0.00%)

Volume

6,57,502

Market Cap

₹14 Cr

52W Low

₹0.00

52W High

₹0.65

LTP

₹ 50.33

-0.10 (-0.20%)

Volume

1,01,771

Market Cap

₹1,135 Cr

52W Low

₹46.00

52W High

₹79.05

LTP

₹ 59.86

-1.64 (-2.67%)

Volume

126

Market Cap

₹33 Cr

52W Low

₹40.00

52W High

₹93.99

LTP

₹ 25.45

15.55 (157.07%)

Volume

500

Market Cap

₹0 Cr

52W Low

₹0.00

52W High

₹26.50

LTP

₹ 136

2.00 (1.49%)

Volume

22,500

Market Cap

₹323 Cr

52W Low

₹64.00

52W High

₹146.00

LTP

₹ 1,625

-32.80 (-1.98%)

Volume

7,400

Market Cap

₹1,359 Cr

52W Low

₹745.00

52W High

₹2,210.00

LTP

₹ 10.33

0.49 (4.98%)

Volume

300

Market Cap

₹5 Cr

52W Low

₹9.38

52W High

₹10.33

LTP

₹ 265.95

-6.85 (-2.51%)

Volume

9,370

Market Cap

₹423 Cr

52W Low

₹259.65

52W High

₹567.60

LTP

₹ 260.1

3.95 (1.54%)

Volume

67,820

Market Cap

₹1,767 Cr

52W Low

₹225.60

52W High

₹400.00

LTP

₹ 8.86

-0.18 (-1.99%)

Volume

1,15,782

Market Cap

₹98 Cr

52W Low

₹8.70

52W High

₹27.05

LTP

₹ 1.55

0.00 (0.00%)

Volume

400

Market Cap

₹1 Cr

52W Low

₹0.00

52W High

₹1.55

LTP

₹ 35.7

-1.15 (-3.12%)

Volume

12,000

Market Cap

₹45 Cr

52W Low

₹33.10

52W High

₹57.80

LTP

₹ 783.45

2.10 (0.27%)

Volume

30,254

Market Cap

₹991 Cr

52W Low

₹408.55

52W High

₹1,455.00

LTP

₹ 62.5

7.60 (13.84%)

Volume

20,800

Market Cap

₹25 Cr

52W Low

₹50.00

52W High

₹89.25

LTP

₹ 0.27

-0.01 (-3.57%)

Volume

500

Market Cap

₹6 Cr

52W Low

₹0.00

52W High

₹0.27

LTP

₹ 315

-3.85 (-1.21%)

Volume

26,388

Market Cap

₹7,749 Cr

52W Low

₹177.80

52W High

₹401.45

LTP

₹ 648

-26.85 (-3.98%)

Volume

20,272

Market Cap

₹819 Cr

52W Low

₹625.00

52W High

₹929.00

LTP

₹ 0.45

-0.02 (-4.26%)

Volume

700

Market Cap

₹1 Cr

52W Low

₹0.00

52W High

₹0.45

LTP

₹ 245

1.15 (0.47%)

Volume

736

Market Cap

₹132 Cr

52W Low

₹204.20

52W High

₹441.20

LTP

₹ 78.15

0.08 (0.10%)

Volume

43,778

Market Cap

₹408 Cr

52W Low

₹73.90

52W High

₹147.80

LTP

₹ 173.23

-2.36 (-1.34%)

Volume

38,88,708

Market Cap

₹11,751 Cr

52W Low

₹131.60

52W High

₹253.40

LTP

₹ 740.2

-4.35 (-0.58%)

Volume

61,662

Market Cap

₹2,441 Cr

52W Low

₹693.00

52W High

₹1,330.00

LTP

₹ 8.24

0.00 (0.00%)

Volume

9,610

Market Cap

₹29 Cr

52W Low

₹6.90

52W High

₹9.50

LTP

₹ 386.3

-1.20 (-0.31%)

Volume

92,207

Market Cap

₹1,203 Cr

52W Low

₹376.00

52W High

₹888.75

LTP

₹ 6.55

-0.33 (-4.80%)

Volume

377

Market Cap

₹4 Cr

52W Low

₹5.70

52W High

₹10.98

LTP

₹ 115.89

1.09 (0.95%)

Volume

10,23,510

Market Cap

₹2,340 Cr

52W Low

₹102.80

52W High

₹210.85

LTP

₹ 194.22

3.51 (1.84%)

Volume

6,382

Market Cap

₹100 Cr

52W Low

₹159.00

52W High

₹246.65

LTP

₹ 35.34

0.16 (0.45%)

Volume

13,518

Market Cap

₹164 Cr

52W Low

₹34.20

52W High

₹63.62

LTP

₹ 4.53

0.26 (6.09%)

Volume

1,23,184

Market Cap

₹170 Cr

52W Low

₹2.61

52W High

₹8.74

LTP

₹ 1,452.65

-9.65 (-0.66%)

Volume

2,02,099

Market Cap

₹2,439 Cr

52W Low

₹1,110.15

52W High

₹1,923.75

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

₹ 147.65

8.92 (6.43%)

Volume

31,68,659

Market Cap

₹12,681 Cr

52W Low

₹127.00

52W High

₹262.80

LTP

₹ 270.35

12.35 (4.79%)

Volume

43,000

Market Cap

₹582 Cr

52W Low

₹225.00

52W High

₹456.00

LTP

₹ 35.78

-0.06 (-0.17%)

Volume

74,089

Market Cap

₹3,484 Cr

52W Low

₹34.40

52W High

₹65.30

LTP

₹ 244.4

9.05 (3.85%)

Volume

18,00,548

Market Cap

₹15,057 Cr

52W Low

₹189.98

52W High

₹383.85

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

₹ 608.75

5.60 (0.93%)

Volume

5,74,122

Market Cap

₹49,682 Cr

52W Low

₹527.10

52W High

₹848.00

LTP

₹ 840.5

11.15 (1.34%)

Volume

15,84,021

Market Cap

₹84,632 Cr

52W Low

₹708.70

52W High

₹1,097.00

LTP

₹ 39

0.00 (0.00%)

Volume

90,78,528

Market Cap

₹1,830 Cr

52W Low

₹0.00

52W High

₹39.15

LTP

₹ 970.05

13.65 (1.43%)

Volume

13,84,818

Market Cap

₹2,33,957 Cr

52W Low

₹761.75

52W High

₹1,063.00

LTP

₹ 92.72

1.30 (1.42%)

Volume

15,78,006

Market Cap

₹3,496 Cr

52W Low

₹83.45

52W High

₹139.00

LTP

₹ 38.95

0.65 (1.70%)

Volume

2,000

Market Cap

₹50 Cr

52W Low

₹32.60

52W High

₹52.20

LTP

₹ 796

5.20 (0.66%)

Volume

45,135

Market Cap

₹3,454 Cr

52W Low

₹651.00

52W High

₹1,277.00

LTP

₹ 37.99

0.26 (0.69%)

Volume

4,01,916

Market Cap

₹1,049 Cr

52W Low

₹35.35

52W High

₹67.30

LTP

₹ 28

2.54 (9.98%)

Volume

11,297

Market Cap

₹72 Cr

52W Low

₹24.25

52W High

₹51.00

LTP

₹ 121.5

-0.35 (-0.29%)

Volume

2,400

Market Cap

₹262 Cr

52W Low

₹116.55

52W High

₹247.00

LTP

₹ 38.5

-1.76 (-4.37%)

Volume

7,301

Market Cap

₹143 Cr

52W Low

₹37.00

52W High

₹57.75

LTP

₹ 452.2

0.00 (0.00%)

Volume

2,20,635

Market Cap

₹8,232 Cr

52W Low

₹0.00

52W High

₹477.95

LTP

₹ 219.25

-2.60 (-1.17%)

Volume

47,000

Market Cap

₹315 Cr

52W Low

₹191.00

52W High

₹430.00

LTP

₹ 9.14

-0.10 (-1.08%)

Volume

1,89,807

Market Cap

₹246 Cr

52W Low

₹9.00

52W High

₹24.50

LTP

₹ 15.09

0.01 (0.07%)

Volume

16

Market Cap

₹8 Cr

52W Low

₹8.31

52W High

₹15.40

LTP

₹ 230

-3.77 (-1.61%)

Volume

20,077

Market Cap

₹383 Cr

52W Low

₹93.20

52W High

₹233.80

LTP

₹ 615.9

-3.90 (-0.63%)

Volume

2,22,791

Market Cap

₹8,293 Cr

52W Low

₹566.50

52W High

₹992.05

LTP

₹ 62.49

2.49 (4.15%)

Volume

12,000

Market Cap

₹85 Cr

52W Low

₹55.70

52W High

₹118.00

LTP

₹ 275.4

8.65 (3.24%)

Volume

3,23,726

Market Cap

₹1,724 Cr

52W Low

₹251.10

52W High

₹513.70

LTP

₹ 95.4

-1.85 (-1.90%)

Volume

33,412

Market Cap

₹704 Cr

52W Low

₹28.50

52W High

₹118.99

LTP

₹ 55.72

1.41 (2.60%)

Volume

50,790

Market Cap

₹352 Cr

52W Low

₹50.00

52W High

₹88.30

LTP

₹ 32.3

-0.80 (-2.42%)

Volume

24,000

Market Cap

₹82 Cr

52W Low

₹32.30

52W High

₹52.10

LTP

₹ 143.2

-5.60 (-3.76%)

Volume

3,600

Market Cap

₹365 Cr

52W Low

₹116.15

52W High

₹184.00

LTP

₹ 1.83

-0.09 (-4.69%)

Volume

50,950

Market Cap

₹11 Cr

52W Low

₹0.00

52W High

₹2.00

LTP

₹ 70.46

-0.50 (-0.70%)

Volume

1,616

Market Cap

₹52 Cr

52W Low

₹64.61

52W High

₹104.00

LTP

₹ 9.58

-0.50 (-4.96%)

Volume

1,824

Market Cap

₹132 Cr

52W Low

₹0.00

52W High

₹9.58

LTP

₹ 16.49

1.41 (9.35%)

Volume

5,138

Market Cap

₹21 Cr

52W Low

₹14.26

52W High

₹36.20

LTP

₹ 30.02

-0.59 (-1.93%)

Volume

4,46,546

Market Cap

₹1,497 Cr

52W Low

₹22.45

52W High

₹64.52

LTP

₹ 106.21

1.76 (1.69%)

Volume

1,21,530

Market Cap

₹1,507 Cr

52W Low

₹100.50

52W High

₹192.95

LTP

₹ 17.9

0.58 (3.35%)

Volume

997

Market Cap

₹20 Cr

52W Low

₹11.44

52W High

₹25.98

LTP

₹ 64.45

3.45 (5.66%)

Volume

12

Market Cap

₹34 Cr

52W Low

₹55.00

52W High

₹90.45

LTP

₹ 3.95

0.00 (0.00%)

Volume

13,918

Market Cap

₹0 Cr

52W Low

₹2.90

52W High

₹5.10

LTP

₹ 41.7

-0.85 (-2.00%)

Volume

9,600

Market Cap

₹74 Cr

52W Low

₹41.15

52W High

₹90.00

LTP

₹ 38.02

0.04 (0.11%)

Volume

23,75,674

Market Cap

₹11,139 Cr

52W Low

₹36.91

52W High

₹69.50

LTP

₹ 15.36

-0.51 (-3.21%)

Volume

1,304

Market Cap

₹57 Cr

52W Low

₹14.20

52W High

₹34.90

LTP

₹ 1.85

0.00 (0.00%)

Volume

26,878

Market Cap

₹0 Cr

52W Low

₹0.00

52W High

₹1.90

LTP

₹ 75.21

-3.96 (-5.00%)

Volume

1,23,874

Market Cap

₹353 Cr

52W Low

₹26.80

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

0.00 (0.00%)

Volume

Market Cap

₹0 Cr

52W Low

₹0.00

52W High

₹0.00

LTP

₹ 255.95

6.00 (2.40%)

Volume

42

Market Cap

₹477 Cr

52W Low

₹137.30

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

₹ 151.06

1.89 (1.27%)

Volume

3,77,214

Market Cap

₹2,017 Cr

52W Low

₹106.40

52W High

₹227.70

LTP

₹ 139.63

0.07 (0.05%)

Volume

4,25,827

Market Cap

₹2,508 Cr

52W Low

₹128.15

52W High

₹237.00

LTP

₹ 7.24

-0.04 (-0.55%)

Volume

2,71,078

Market Cap

₹127 Cr

52W Low

₹6.50

52W High

₹11.11

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

₹ 82.5

0.00 (0.00%)

Volume

2,000

Market Cap

₹24 Cr

52W Low

₹82.50

52W High

₹152.90

LTP

₹ 138.5

2.70 (1.99%)

Volume

4,508

Market Cap

₹61 Cr

52W Low

₹26.00

52W High

₹138.50

LTP

₹ 407.35

0.80 (0.20%)

Volume

16,080

Market Cap

₹2,062 Cr

52W Low

₹389.95

52W High

₹694.20

LTP

₹ 11.13

0.02 (0.18%)

Volume

72,25,913

Market Cap

₹1,730 Cr

52W Low

₹9.90

52W High

₹17.55

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

₹ 41.5

0.23 (0.56%)

Volume

4,234

Market Cap

₹67 Cr

52W Low

₹31.95

52W High

₹59.79

LTP

₹ 34.8

0.67 (1.96%)

Volume

4,74,418

Market Cap

₹290 Cr

52W Low

₹31.50

52W High

₹97.81

LTP

₹ 2,559.75

12.60 (0.49%)

Volume

19,449

Market Cap

₹17,838 Cr

52W Low

₹2,467.25

52W High

₹3,978.50

LTP

₹ 151.38

-0.46 (-0.30%)

Volume

97,890

Market Cap

₹810 Cr

52W Low

₹107.10

52W High

₹273.97

LTP

₹ 87.35

3.80 (4.55%)

Volume

4,104

Market Cap

₹92 Cr

52W Low

₹61.01

52W High

₹130.01

LTP

₹ 18.37

-0.96 (-4.97%)

Volume

3,44,358

Market Cap

₹1,540 Cr

52W Low

₹7.62

52W High

₹24.61

LTP

₹ 126.5

-2.50 (-1.94%)

Volume

22,500

Market Cap

₹107 Cr

52W Low

₹35.50

52W High

₹155.65

LTP

₹ 49.6

1.74 (3.64%)

Volume

384

Market Cap

₹26 Cr

52W Low

₹23.47

52W High

₹54.94

LTP

₹ 37

0.03 (0.08%)

Volume

20,492

Market Cap

₹371 Cr

52W Low

₹33.58

52W High

₹75.00

LTP

₹ 21.57

-0.65 (-2.93%)

Volume

2,32,702

Market Cap

₹190 Cr

52W Low

₹17.15

52W High

₹31.18

LTP

₹ 10.93

-0.03 (-0.27%)

Volume

28,60,504

Market Cap

₹1,899 Cr

52W Low

₹10.57

52W High

₹27.75

LTP

₹ 461.25

19.45 (4.40%)

Volume

6,47,815

Market Cap

₹15,568 Cr

52W Low

₹180.25

52W High

₹525.00

LTP

₹ 145.07

-3.43 (-2.31%)

Volume

9,667

Market Cap

₹201 Cr

52W Low

₹143.67

52W High

₹301.80

LTP

₹ 103.36

0.94 (0.92%)

Volume

1,44,583

Market Cap

₹1,159 Cr

52W Low

₹83.40

52W High

₹151.50

LTP

₹ 2.45

0.00 (0.00%)

Volume

4,68,265

Market Cap

₹12 Cr

52W Low

₹0.00

52W High

₹2.55

LTP

₹ 39.01

0.19 (0.49%)

Volume

18,553

Market Cap

₹227 Cr

52W Low

₹37.64

52W High

₹94.90

LTP

₹ 62.81

-2.65 (-4.05%)

Volume

50,894

Market Cap

₹136 Cr

52W Low

₹51.95

52W High

₹112.99

LTP

₹ 3.79

-0.09 (-2.32%)

Volume

6,64,756

Market Cap

₹226 Cr

52W Low

₹2.90

52W High

₹7.37

LTP

₹ 289.95

7.40 (2.62%)

Volume

222

Market Cap

₹144 Cr

52W Low

₹254.90

52W High

₹752.20

LTP

₹ 37.4

0.70 (1.91%)

Volume

1,219

Market Cap

₹12 Cr

52W Low

₹32.60

52W High

₹50.80

LTP

₹ 183

-0.75 (-0.41%)

Volume

1,519

Market Cap

₹165 Cr

52W Low

₹180.00

52W High

₹314.80

LTP

₹ 739.8

10.00 (1.37%)

Volume

1,11,574

Market Cap

₹20,367 Cr

52W Low

₹511.20

52W High

₹956.90

LTP

₹ 200.8

0.00 (0.00%)

Volume

1,14,982

Market Cap

₹939 Cr

52W Low

₹0.00

52W High

₹205.30

LTP

₹ 109.31

3.56 (3.37%)

Volume

3,56,47,557

Market Cap

₹43,701 Cr

52W Low

₹99.15

52W High

₹175.35

LTP

₹ 9.02

0.04 (0.45%)

Volume

14,31,285

Market Cap

₹1,101 Cr

52W Low

₹8.80

52W High

₹16.75

LTP

₹ 1.76

0.08 (4.76%)

Volume

500

Market Cap

₹7 Cr

52W Low

₹0.00

52W High

₹1.76

LTP

₹ 4

0.00 (0.00%)

Volume

3,900

Market Cap

₹2 Cr

52W Low

₹0.00

52W High

₹4.00

LTP

₹ 228.68

10.86 (4.99%)

Volume

69,588

Market Cap

₹3,907 Cr

52W Low

₹175.00

52W High

₹311.45

LTP

₹ 315.25

-9.75 (-3.00%)

Volume

600

Market Cap

₹363 Cr

52W Low

₹315.25

52W High

₹839.00

LTP

₹ 2.29

0.05 (2.23%)

Volume

1,84,025

Market Cap

₹56 Cr

52W Low

₹0.65

52W High

₹3.93

LTP

₹ 379.7

-0.55 (-0.14%)

Volume

44,457

Market Cap

₹697 Cr

52W Low

₹300.00

52W High

₹530.40

LTP

₹ 397

6.65 (1.70%)

Volume

1,079

Market Cap

₹445 Cr

52W Low

₹362.75

52W High

₹951.00

LTP

₹ 159.15

3.95 (2.55%)

Volume

1,200

Market Cap

₹199 Cr

52W Low

₹140.00

52W High

₹734.60

LTP

₹ 240

5.70 (2.43%)

Volume

4,63,800

Market Cap

₹5,111 Cr

52W Low

₹226.90

52W High

₹371.98

LTP

₹ 45.4

-0.15 (-0.33%)

Volume

27,600

Market Cap

₹106 Cr

52W Low

₹44.00

52W High

₹93.70

LTP

₹ 19

-1.00 (-5.00%)

Volume

100

Market Cap

₹10 Cr

52W Low

₹11.30

52W High

₹22.82

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

₹ 136.12

3.84 (2.90%)

Volume

5,13,07,200

Market Cap

₹1,65,095 Cr

52W Low

₹122.62

52W High

₹184.60

LTP

₹ 233.3

0.00 (0.00%)

Volume

28,55,608

Market Cap

₹0 Cr

52W Low

₹0.00

52W High

₹238.05

LTP

₹ 2,682.45

120.45 (4.70%)

Volume

17,415

Market Cap

₹5,862 Cr

52W Low

₹1,532.50

52W High

₹3,933.00

LTP

₹ 2,713.3

30.70 (1.14%)

Volume

2,31,612

Market Cap

₹51,955 Cr

52W Low

₹2,632.10

52W High

₹4,810.80

LTP

₹ 58

-4.20 (-6.75%)

Volume

16,997

Market Cap

₹104 Cr

52W Low

₹55.98

52W High

₹124.65

LTP

₹ 29.42

-0.60 (-2.00%)

Volume

1,11,371

Market Cap

₹39 Cr

52W Low

₹5.47

52W High

₹39.60

LTP

₹ 23.63

0.15 (0.64%)

Volume

14,112

Market Cap

₹38 Cr

52W Low

₹19.20

52W High

₹36.80

LTP

₹ 302

2.70 (0.90%)

Volume

3,76,658

Market Cap

₹9,081 Cr

52W Low

₹273.05

52W High

₹451.00

LTP

₹ 8.33

0.04 (0.48%)

Volume

12

Market Cap

₹4 Cr

52W Low

₹7.01

52W High

₹20.99

LTP

₹ 218.09

-5.41 (-2.42%)

Volume

29,895

Market Cap

₹1,819 Cr

52W Low

₹185.40

52W High

₹342.80

LTP

₹ 44.05

-0.24 (-0.54%)

Volume

79,758

Market Cap

₹132 Cr

52W Low

₹30.40

52W High

₹73.88

LTP

₹ 1,369.9

34.80 (2.61%)

Volume

1,42,107

Market Cap

₹2,722 Cr

52W Low

₹1,170.40

52W High

₹2,450.35

LTP

₹ 166.13

4.48 (2.77%)

Volume

13,323

Market Cap

₹304 Cr

52W Low

₹145.00

52W High

₹446.25

LTP

₹ 358.4

-0.55 (-0.15%)

Volume

42,500

Market Cap

₹879 Cr

52W Low

₹203.80

52W High

₹566.50

LTP

₹ 170.89

-0.44 (-0.26%)

Volume

35,096

Market Cap

₹565 Cr

52W Low

₹166.00

52W High

₹296.70

LTP

₹ 793.4

15.85 (2.04%)

Volume

6,82,268

Market Cap

₹20,394 Cr

52W Low

₹440.15

52W High

₹835.00

LTP

₹ 36

0.01 (0.03%)

Volume

1,55,247

Market Cap

₹1,908 Cr

52W Low

₹30.68

52W High

₹58.90

LTP

₹ 0.44

0.02 (4.76%)

Volume

800

Market Cap

₹0 Cr

52W Low

₹0.00

52W High

₹0.44

LTP

₹ 6.98

0.03 (0.43%)

Volume

1,05,781

Market Cap

₹99 Cr

52W Low

₹6.45

52W High

₹15.45

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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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