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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

₹ 9.8

-0.72 (-6.84%)

Volume

187

Market Cap

₹6 Cr

52W Low

₹8.26

52W High

₹12.33

LTP

₹ 35.25

0.00 (0.00%)

Volume

2,000

Market Cap

₹88 Cr

52W Low

₹23.65

52W High

₹59.20

LTP

₹ 87.13

0.58 (0.67%)

Volume

2,03,781

Market Cap

₹982 Cr

52W Low

₹72.14

52W High

₹151.50

LTP

₹ 175.5

-0.62 (-0.35%)

Volume

3,02,305

Market Cap

₹2,277 Cr

52W Low

₹148.01

52W High

₹272.00

LTP

₹ 62.52

-0.14 (-0.22%)

Volume

13,782

Market Cap

₹81 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

₹ 1.86

-0.03 (-1.59%)

Volume

1,44,328

Market Cap

₹75 Cr

52W Low

₹1.72

52W High

₹18.74

LTP

₹ 1.84

-0.05 (-2.65%)

Volume

52,900

Market Cap

₹26 Cr

52W Low

₹1.75

52W High

₹4.99

LTP

₹ 5.57

-0.02 (-0.36%)

Volume

13

Market Cap

₹3 Cr

52W Low

₹4.43

52W High

₹7.52

LTP

₹ 19.78

1.40 (7.62%)

Volume

20,833

Market Cap

₹15 Cr

52W Low

₹18.08

52W High

₹56.00

LTP

₹ 163

2.95 (1.84%)

Volume

12,359

Market Cap

₹648 Cr

52W Low

₹86.90

52W High

₹204.05

LTP

₹ 108.5

-0.45 (-0.41%)

Volume

2,079

Market Cap

₹144 Cr

52W Low

₹81.00

52W High

₹157.00

LTP

₹ 339.2

-6.70 (-1.94%)

Volume

40,095

Market Cap

₹5,409 Cr

52W Low

₹323.15

52W High

₹503.95

LTP

₹ 477

0.30 (0.06%)

Volume

1,179

Market Cap

₹909 Cr

52W Low

₹435.00

52W High

₹742.50

LTP

₹ 164.37

-1.41 (-0.85%)

Volume

28,527

Market Cap

₹1,139 Cr

52W Low

₹122.23

52W High

₹277.40

LTP

₹ 12.35

-0.21 (-1.67%)

Volume

4,122

Market Cap

₹113 Cr

52W Low

₹10.20

52W High

₹20.89

LTP

₹ 0.6

0.00 (0.00%)

Volume

6,57,502

Market Cap

₹14 Cr

52W Low

₹0.00

52W High

₹0.65

LTP

₹ 43.97

-0.16 (-0.36%)

Volume

64,224

Market Cap

₹993 Cr

52W Low

₹39.36

52W High

₹68.10

LTP

₹ 53.11

-0.92 (-1.70%)

Volume

189

Market Cap

₹29 Cr

52W Low

₹50.26

52W High

₹84.65

LTP

₹ 25.45

15.55 (157.07%)

Volume

500

Market Cap

₹18 Cr

52W Low

₹0.00

52W High

₹26.50

LTP

₹ 151

1.00 (0.67%)

Volume

6,000

Market Cap

₹362 Cr

52W Low

₹103.70

52W High

₹178.80

LTP

₹ 1,155

-14.70 (-1.26%)

Volume

10,900

Market Cap

₹1,075 Cr

52W Low

₹1,100.00

52W High

₹1,960.00

LTP

₹ 32.31

1.53 (4.97%)

Volume

100

Market Cap

₹14 Cr

52W Low

₹10.84

52W High

₹32.40

LTP

₹ 236.61

-1.06 (-0.45%)

Volume

9,239

Market Cap

₹369 Cr

52W Low

₹185.99

52W High

₹446.70

LTP

₹ 275.05

4.50 (1.66%)

Volume

92,382

Market Cap

₹1,870 Cr

52W Low

₹167.00

52W High

₹360.00

LTP

₹ 6.88

0.16 (2.38%)

Volume

55,790

Market Cap

₹73 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

₹ 27.02

1.82 (7.22%)

Volume

12,000

Market Cap

₹31 Cr

52W Low

₹20.31

52W High

₹49.50

LTP

₹ 1,120.8

-9.35 (-0.83%)

Volume

42,870

Market Cap

₹1,435 Cr

52W Low

₹673.35

52W High

₹1,455.00

LTP

₹ 183.48

-2.53 (-1.36%)

Volume

6,38,241

Market Cap

₹1,866 Cr

52W Low

₹179.32

52W High

₹199.00

LTP

₹ 45

0.00 (0.00%)

Volume

1,600

Market Cap

₹20 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

₹ 657.2

-8.50 (-1.28%)

Volume

1,85,883

Market Cap

₹16,050 Cr

52W Low

₹292.05

52W High

₹802.25

LTP

₹ 952

-17.65 (-1.82%)

Volume

15,308

Market Cap

₹1,179 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

₹ 165

1.00 (0.61%)

Volume

141

Market Cap

₹89 Cr

52W Low

₹155.20

52W High

₹357.00

LTP

₹ 67.99

-0.17 (-0.25%)

Volume

45,111

Market Cap

₹356 Cr

52W Low

₹63.19

52W High

₹118.85

LTP

₹ 242.43

-3.39 (-1.38%)

Volume

4,97,198

Market Cap

₹16,463 Cr

52W Low

₹145.75

52W High

₹278.00

LTP

₹ 1,257.1

-22.40 (-1.75%)

Volume

2,33,655

Market Cap

₹4,252 Cr

52W Low

₹567.75

52W High

₹1,349.00

LTP

₹ 10.21

0.00 (0.00%)

Volume

4,060

Market Cap

₹31 Cr

52W Low

₹7.00

52W High

₹10.21

LTP

₹ 481

7.05 (1.49%)

Volume

99,040

Market Cap

₹1,470 Cr

52W Low

₹320.35

52W High

₹740.00

LTP

₹ 7.99

-0.19 (-2.32%)

Volume

24,968

Market Cap

₹5 Cr

52W Low

₹5.00

52W High

₹10.98

LTP

₹ 116.41

1.22 (1.06%)

Volume

13,77,872

Market Cap

₹2,339 Cr

52W Low

₹84.80

52W High

₹208.00

LTP

₹ 183.42

-2.14 (-1.15%)

Volume

1,403

Market Cap

₹105 Cr

52W Low

₹160.05

52W High

₹246.65

LTP

₹ 45.99

0.98 (2.18%)

Volume

1,646

Market Cap

₹216 Cr

52W Low

₹28.50

52W High

₹55.15

LTP

₹ 13.89

0.66 (4.99%)

Volume

11,33,782

Market Cap

₹527 Cr

52W Low

₹3.75

52W High

₹13.89

LTP

₹ 1,984.5

50.50 (2.61%)

Volume

47,273

Market Cap

₹3,245 Cr

52W Low

₹1,254.60

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

₹ 98.23

-0.53 (-0.54%)

Volume

2,49,177

Market Cap

₹9,008 Cr

52W Low

₹93.05

52W High

₹235.40

LTP

₹ 202

-5.10 (-2.46%)

Volume

31,500

Market Cap

₹467 Cr

52W Low

₹178.05

52W High

₹456.00

LTP

₹ 73.79

1.42 (1.96%)

Volume

1,14,99,343

Market Cap

₹7,045 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

₹ 753.3

-7.70 (-1.01%)

Volume

2,07,499

Market Cap

₹62,742 Cr

52W Low

₹496.60

52W High

₹818.95

LTP

₹ 1,031.4

-24.50 (-2.32%)

Volume

14,63,784

Market Cap

₹1,07,645 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

₹ 1,164

4.10 (0.35%)

Volume

9,67,279

Market Cap

₹2,83,587 Cr

52W Low

₹880.00

52W High

₹1,175.80

LTP

₹ 69

-0.94 (-1.34%)

Volume

3,85,483

Market Cap

₹2,670 Cr

52W Low

₹59.77

52W High

₹113.01

LTP

₹ 33

-1.45 (-4.21%)

Volume

12,000

Market Cap

₹45 Cr

52W Low

₹30.10

52W High

₹55.00

LTP

₹ 777.05

-7.70 (-0.98%)

Volume

13,763

Market Cap

₹3,426 Cr

52W Low

₹666.50

52W High

₹1,277.00

LTP

₹ 28.15

-0.29 (-1.02%)

Volume

6,04,776

Market Cap

₹804 Cr

52W Low

₹25.10

52W High

₹57.45

LTP

₹ 8.78

0.24 (2.81%)

Volume

6,60,814

Market Cap

₹268 Cr

52W Low

₹8.36

52W High

₹29.88

LTP

₹ 49.99

0.49 (0.99%)

Volume

11,730

Market Cap

₹141 Cr

52W Low

₹24.25

52W High

₹55.50

LTP

₹ 101.15

-2.80 (-2.69%)

Volume

600

Market Cap

₹224 Cr

52W Low

₹90.50

52W High

₹220.00

LTP

₹ 31.39

-0.01 (-0.03%)

Volume

2,571

Market Cap

₹111 Cr

52W Low

₹29.20

52W High

₹49.00

LTP

₹ 452.2

0.00 (0.00%)

Volume

2,20,635

Market Cap

₹8,744 Cr

52W Low

₹0.00

52W High

₹477.95

LTP

₹ 208

4.10 (2.01%)

Volume

13,500

Market Cap

₹289 Cr

52W Low

₹196.05

52W High

₹384.00

LTP

₹ 8.82

-0.07 (-0.79%)

Volume

96,468

Market Cap

₹237 Cr

52W Low

₹7.49

52W High

₹15.24

LTP

₹ 79.33

-4.17 (-4.99%)

Volume

1,07,200

Market Cap

₹85 Cr

52W Low

₹79.33

52W High

₹86.80

LTP

₹ 9.79

-0.06 (-0.61%)

Volume

1,331

Market Cap

₹5 Cr

52W Low

₹7.59

52W High

₹15.84

LTP

₹ 459.1

-7.90 (-1.69%)

Volume

22,256

Market Cap

₹767 Cr

52W Low

₹179.53

52W High

₹480.00

LTP

₹ 79.3

1.80 (2.32%)

Volume

21,000

Market Cap

₹110 Cr

52W Low

₹50.55

52W High

₹89.90

LTP

₹ 378.65

-7.45 (-1.93%)

Volume

2,66,852

Market Cap

₹2,902 Cr

52W Low

₹201.55

52W High

₹468.00

LTP

₹ 146.73

0.91 (0.62%)

Volume

2,02,107

Market Cap

₹1,546 Cr

52W Low

₹56.70

52W High

₹171.95

LTP

₹ 60.1

0.26 (0.43%)

Volume

12,985

Market Cap

₹388 Cr

52W Low

₹43.05

52W High

₹77.14

LTP

₹ 53

-1.80 (-3.28%)

Volume

3,200

Market Cap

₹135 Cr

52W Low

₹26.25

52W High

₹80.20

LTP

₹ 233.84

-4.33 (-1.82%)

Volume

9,846

Market Cap

₹707 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

₹ 70.7

2.50 (3.67%)

Volume

587

Market Cap

₹50 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

0.00 (0.00%)

Volume

Market Cap

₹0 Cr

52W Low

₹0.00

52W High

₹0.00

LTP

₹ 17.67

-0.61 (-3.34%)

Volume

2,221

Market Cap

₹25 Cr

52W Low

₹13.21

52W High

₹23.78

LTP

₹ 37

-0.29 (-0.78%)

Volume

3,19,906

Market Cap

₹2,119 Cr

52W Low

₹21.60

52W High

₹55.94

LTP

₹ 137.69

-1.34 (-0.96%)

Volume

76,166

Market Cap

₹2,010 Cr

52W Low

₹84.40

52W High

₹162.00

LTP

₹ 16.98

1.37 (8.78%)

Volume

294

Market Cap

₹18 Cr

52W Low

₹14.60

52W High

₹22.00

LTP

₹ 48.45

-2.55 (-5.00%)

Volume

1,349

Market Cap

₹27 Cr

52W Low

₹47.50

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

₹ 30.4

0.00 (0.00%)

Volume

8,000

Market Cap

₹53 Cr

52W Low

₹23.35

52W High

₹90.00

LTP

₹ 45.18

-0.51 (-1.12%)

Volume

19,30,663

Market Cap

₹13,390 Cr

52W Low

₹32.13

52W High

₹52.09

LTP

₹ 14.65

-0.45 (-2.98%)

Volume

2,623

Market Cap

₹55 Cr

52W Low

₹11.19

52W High

₹24.76

LTP

₹ 1.85

0.00 (0.00%)

Volume

26,878

Market Cap

₹0 Cr

52W Low

₹0.00

52W High

₹1.90

LTP

₹ 75.54

-1.66 (-2.15%)

Volume

29,833

Market Cap

₹402 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

₹ 258.7

-7.35 (-2.76%)

Volume

12,000

Market Cap

₹201 Cr

52W Low

₹122.85

52W High

₹266.95

LTP

₹ 270

8.00 (3.05%)

Volume

80

Market Cap

₹500 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

₹ 232.7

-4.01 (-1.69%)

Volume

2,78,034

Market Cap

₹3,194 Cr

52W Low

₹135.65

52W High

₹269.20

LTP

₹ 164.62

-2.22 (-1.33%)

Volume

3,18,355

Market Cap

₹2,989 Cr

52W Low

₹132.51

52W High

₹190.90

LTP

₹ 5.28

-0.04 (-0.75%)

Volume

82,773

Market Cap

₹93 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

₹ 70

0.00 (0.00%)

Volume

3,000

Market Cap

₹20 Cr

52W Low

₹60.55

52W High

₹114.00

LTP

₹ 42.96

0.22 (0.51%)

Volume

6,992

Market Cap

₹193 Cr

52W Low

₹3.06

52W High

₹57.95

LTP

₹ 314.35

-0.75 (-0.24%)

Volume

36,236

Market Cap

₹1,604 Cr

52W Low

₹260.00

52W High

₹618.00

LTP

₹ 10.04

-0.09 (-0.89%)

Volume

62,52,507

Market Cap

₹1,580 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

₹ 29.6

-0.40 (-1.33%)

Volume

6,647

Market Cap

₹49 Cr

52W Low

₹26.90

52W High

₹57.98

LTP

₹ 24.44

0.18 (0.74%)

Volume

32,109

Market Cap

₹210 Cr

52W Low

₹21.65

52W High

₹68.95

LTP

₹ 154.5

-3.35 (-2.12%)

Volume

2,22,520

Market Cap

₹839 Cr

52W Low

₹115.99

52W High

₹273.97

LTP

₹ 157

2.95 (1.91%)

Volume

941

Market Cap

₹169 Cr

52W Low

₹69.00

52W High

₹182.00

LTP

₹ 21.67

-0.38 (-1.72%)

Volume

3,57,295

Market Cap

₹1,753 Cr

52W Low

₹20.32

52W High

₹22.40

LTP

₹ 85

0.00 (0.00%)

Volume

13,500

Market Cap

₹70 Cr

52W Low

₹75.05

52W High

₹168.30

LTP

₹ 37.95

2.04 (5.68%)

Volume

251

Market Cap

₹20 Cr

52W Low

₹32.00

52W High

₹64.99

LTP

₹ 28.5

-0.22 (-0.77%)

Volume

28,915

Market Cap

₹288 Cr

52W Low

₹26.00

52W High

₹54.90

LTP

₹ 27.7

-0.77 (-2.70%)

Volume

52,876

Market Cap

₹243 Cr

52W Low

₹14.37

52W High

₹36.50

LTP

₹ 183.8

-0.25 (-0.14%)

Volume

22,000

Market Cap

₹858 Cr

52W Low

₹151.00

52W High

₹249.25

LTP

₹ 8.81

-0.05 (-0.56%)

Volume

21,11,288

Market Cap

₹1,533 Cr

52W Low

₹6.91

52W High

₹20.20

LTP

₹ 114

-3.29 (-2.81%)

Volume

6,32,519

Market Cap

₹3,452 Cr

52W Low

₹96.25

52W High

₹149.40

LTP

₹ 578.5

-5.55 (-0.95%)

Volume

2,19,606

Market Cap

₹20,576 Cr

52W Low

₹396.60

52W High

₹639.75

LTP

₹ 104.02

0.44 (0.42%)

Volume

9,046

Market Cap

₹145 Cr

52W Low

₹97.50

52W High

₹210.50

LTP

₹ 2.45

0.00 (0.00%)

Volume

4,68,265

Market Cap

₹12 Cr

52W Low

₹0.00

52W High

₹2.55

LTP

₹ 42.84

1.92 (4.69%)

Volume

83,061

Market Cap

₹240 Cr

52W Low

₹30.00

52W High

₹71.39

LTP

₹ 168.31

-0.74 (-0.44%)

Volume

88,191

Market Cap

₹1,012 Cr

52W Low

₹135.10

52W High

₹230.85

LTP

₹ 71.76

1.54 (2.19%)

Volume

10,723

Market Cap

₹138 Cr

52W Low

₹43.30

52W High

₹87.60

LTP

₹ 3.69

0.03 (0.82%)

Volume

1,76,536

Market Cap

₹217 Cr

52W Low

₹2.80

52W High

₹5.64

LTP

₹ 244.4

-4.05 (-1.63%)

Volume

112

Market Cap

₹126 Cr

52W Low

₹235.00

52W High

₹488.95

LTP

₹ 26.53

-1.12 (-4.05%)

Volume

676

Market Cap

₹9 Cr

52W Low

₹25.04

52W High

₹45.84

LTP

₹ 200

0.05 (0.03%)

Volume

967

Market Cap

₹180 Cr

52W Low

₹133.15

52W High

₹250.35

LTP

₹ 63

-0.75 (-1.18%)

Volume

6,000

Market Cap

₹122 Cr

52W Low

₹54.05

52W High

₹84.00

LTP

₹ 931.3

-28.05 (-2.92%)

Volume

1,62,574

Market Cap

₹26,802 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

₹ 131.64

-0.98 (-0.74%)

Volume

97,23,504

Market Cap

₹54,750 Cr

52W Low

₹99.15

52W High

₹140.52

LTP

₹ 10.52

0.28 (2.73%)

Volume

39,54,052

Market Cap

₹1,278 Cr

52W Low

₹7.06

52W High

₹12.85

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

₹ 267.1

-0.10 (-0.04%)

Volume

1,50,540

Market Cap

₹4,814 Cr

52W Low

₹188.15

52W High

₹322.00

LTP

₹ 315

-5.00 (-1.56%)

Volume

1,800

Market Cap

₹369 Cr

52W Low

₹212.00

52W High

₹469.90

LTP

₹ 0.82

0.00 (0.00%)

Volume

5,49,315

Market Cap

₹21 Cr

52W Low

₹0.81

52W High

₹3.93

LTP

₹ 324.9

8.55 (2.70%)

Volume

2,760

Market Cap

₹580 Cr

52W Low

₹284.70

52W High

₹530.40

LTP

₹ 372

7.15 (1.96%)

Volume

1,801

Market Cap

₹416 Cr

52W Low

₹258.00

52W High

₹625.00

LTP

₹ 90.35

0.00 (0.00%)

Volume

1,200

Market Cap

₹140 Cr

52W Low

₹75.10

52W High

₹318.90

LTP

₹ 29.6

0.20 (0.68%)

Volume

2,400

Market Cap

₹68 Cr

52W Low

₹28.90

52W High

₹66.85

LTP

₹ 22.55

0.44 (1.99%)

Volume

700

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

₹ 171.37

1.31 (0.77%)

Volume

1,16,91,833

Market Cap

₹2,12,162 Cr

52W Low

₹122.62

52W High

₹174.74

LTP

₹ 233.3

0.00 (0.00%)

Volume

28,55,608

Market Cap

₹0 Cr

52W Low

₹0.00

52W High

₹238.05

LTP

₹ 2,171.6

-56.50 (-2.54%)

Volume

10,344

Market Cap

₹5,111 Cr

52W Low

₹2,050.00

52W High

₹3,383.00

LTP

₹ 41.42

-1.47 (-3.43%)

Volume

752

Market Cap

₹71 Cr

52W Low

₹29.75

52W High

₹95.30

LTP

₹ 25.12

-0.51 (-1.99%)

Volume

1,268

Market Cap

₹33 Cr

52W Low

₹11.21

52W High

₹39.60

LTP

₹ 19.84

-0.22 (-1.10%)

Volume

1,45,244

Market Cap

₹59 Cr

52W Low

₹19.00

52W High

₹32.97

LTP

₹ 450.3

-0.55 (-0.12%)

Volume

2,73,907

Market Cap

₹13,712 Cr

52W Low

₹278.55

52W High

₹481.90

LTP

₹ 10.69

0.00 (0.00%)

Volume

3

Market Cap

₹5 Cr

52W Low

₹6.02

52W High

₹11.44

LTP

₹ 289

-4.90 (-1.67%)

Volume

81,229

Market Cap

₹2,836 Cr

52W Low

₹178.00

52W High

₹309.00

LTP

₹ 55.4

0.22 (0.40%)

Volume

21,296

Market Cap

₹173 Cr

52W Low

₹33.30

52W High

₹66.84

LTP

₹ 1,292

-10.60 (-0.81%)

Volume

18,815

Market Cap

₹2,668 Cr

52W Low

₹1,005.30

52W High

₹2,159.95

LTP

₹ 152.43

-0.51 (-0.33%)

Volume

7,907

Market Cap

₹292 Cr

52W Low

₹125.00

52W High

₹285.05

LTP

₹ 515

-1.15 (-0.22%)

Volume

16,750

Market Cap

₹1,264 Cr

52W Low

₹291.00

52W High

₹673.70

LTP

₹ 72.1

-3.80 (-5.01%)

Volume

2,99,538

Market Cap

₹378 Cr

52W Low

₹72.10

52W High

₹105.00

LTP

₹ 151.83

1.28 (0.85%)

Volume

12,432

Market Cap

₹498 Cr

52W Low

₹135.00

52W High

₹255.88

LTP

₹ 38.68

-0.37 (-0.95%)

Volume

1,34,217

Market Cap

₹2,588 Cr

52W Low

₹25.60

52W High

₹50.14

LTP

₹ 0.48

0.02 (4.35%)

Volume

2,500

Market Cap

₹0 Cr

52W Low

₹0.46

52W High

₹0.48

LTP

₹ 7.58

0.36 (4.99%)

Volume

1,83,827

Market Cap

₹101 Cr

52W Low

₹5.65

52W High

₹10.11

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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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