Calculate your SIP Returnexplore announcement button
Open Demat Account Login

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

₹6.54

LTP

₹ 9.85

-0.13 (-1.30%)

Volume

3,288

Market Cap

₹5 Cr

52W Low

₹8.26

52W High

₹12.46

LTP

₹ 38.4

1.20 (3.23%)

Volume

8,000

Market Cap

₹92 Cr

52W Low

₹23.65

52W High

₹72.00

LTP

₹ 88

1.48 (1.71%)

Volume

1,61,240

Market Cap

₹984 Cr

52W Low

₹72.14

52W High

₹151.50

LTP

₹ 187.63

8.55 (4.77%)

Volume

20,43,852

Market Cap

₹2,310 Cr

52W Low

₹148.01

52W High

₹272.00

LTP

₹ 58.84

1.10 (1.91%)

Volume

15,932

Market Cap

₹75 Cr

52W Low

₹53.05

52W High

₹118.01

LTP

₹ 3.5

0.00 (0.00%)

Volume

600

Market Cap

₹0 Cr

52W Low

₹0.00

52W High

₹3.50

LTP

₹ 1.98

0.08 (4.21%)

Volume

2,72,850

Market Cap

₹75 Cr

52W Low

₹1.72

52W High

₹20.45

LTP

₹ 1.97

0.04 (2.07%)

Volume

6,208

Market Cap

₹28 Cr

52W Low

₹1.75

52W High

₹4.99

LTP

₹ 5.82

-0.23 (-3.80%)

Volume

5,841

Market Cap

₹3 Cr

52W Low

₹4.43

52W High

₹7.52

LTP

₹ 20.3

-0.20 (-0.98%)

Volume

7,980

Market Cap

₹16 Cr

52W Low

₹18.08

52W High

₹62.65

LTP

₹ 133.35

0.25 (0.19%)

Volume

7,576

Market Cap

₹539 Cr

52W Low

₹86.90

52W High

₹208.20

LTP

₹ 117.65

2.25 (1.95%)

Volume

13,959

Market Cap

₹152 Cr

52W Low

₹81.00

52W High

₹163.70

LTP

₹ 352.55

-5.60 (-1.56%)

Volume

1,04,407

Market Cap

₹5,606 Cr

52W Low

₹323.15

52W High

₹503.95

LTP

₹ 494

2.55 (0.52%)

Volume

719

Market Cap

₹937 Cr

52W Low

₹435.00

52W High

₹774.00

LTP

₹ 171.54

4.28 (2.56%)

Volume

1,86,132

Market Cap

₹1,148 Cr

52W Low

₹122.23

52W High

₹291.95

LTP

₹ 13.89

0.54 (4.04%)

Volume

26,426

Market Cap

₹120 Cr

52W Low

₹10.20

52W High

₹25.80

LTP

₹ 0.6

0.00 (0.00%)

Volume

6,57,502

Market Cap

₹14 Cr

52W Low

₹0.00

52W High

₹0.65

LTP

₹ 47.93

0.24 (0.50%)

Volume

1,27,144

Market Cap

₹1,073 Cr

52W Low

₹39.36

52W High

₹77.00

LTP

₹ 53.96

0.00 (0.00%)

Volume

358

Market Cap

₹29 Cr

52W Low

₹50.26

52W High

₹84.65

LTP

₹ 25.45

15.55 (157.07%)

Volume

500

Market Cap

₹0 Cr

52W Low

₹0.00

52W High

₹26.50

LTP

₹ 153.95

1.70 (1.12%)

Volume

30,750

Market Cap

₹367 Cr

52W Low

₹103.70

52W High

₹178.80

LTP

₹ 1,230

-12.40 (-1.00%)

Volume

20,800

Market Cap

₹1,141 Cr

52W Low

₹1,111.00

52W High

₹1,960.00

LTP

₹ 30.89

-0.63 (-2.00%)

Volume

500

Market Cap

₹14 Cr

52W Low

₹10.84

52W High

₹32.16

LTP

₹ 275.74

0.85 (0.31%)

Volume

1,00,250

Market Cap

₹428 Cr

52W Low

₹185.99

52W High

₹448.95

LTP

₹ 299.85

1.05 (0.35%)

Volume

2,20,131

Market Cap

₹2,063 Cr

52W Low

₹167.00

52W High

₹360.00

LTP

₹ 7.15

0.20 (2.88%)

Volume

76,535

Market Cap

₹76 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

₹ 20.71

-0.20 (-0.96%)

Volume

6,000

Market Cap

₹25 Cr

52W Low

₹20.31

52W High

₹49.50

LTP

₹ 988.85

6.20 (0.63%)

Volume

28,204

Market Cap

₹1,260 Cr

52W Low

₹673.35

52W High

₹1,455.00

LTP

₹ 48

0.00 (0.00%)

Volume

3,200

Market Cap

₹21 Cr

52W Low

₹44.50

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

₹ 666.85

-11.75 (-1.73%)

Volume

3,25,746

Market Cap

₹16,366 Cr

52W Low

₹292.05

52W High

₹802.25

LTP

₹ 975.7

10.05 (1.04%)

Volume

24,857

Market Cap

₹1,171 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

₹ 180

6.95 (4.02%)

Volume

1,119

Market Cap

₹94 Cr

52W Low

₹156.00

52W High

₹378.80

LTP

₹ 74.64

-0.51 (-0.68%)

Volume

84,117

Market Cap

₹393 Cr

52W Low

₹63.19

52W High

₹122.00

LTP

₹ 262.35

-7.78 (-2.88%)

Volume

95,32,347

Market Cap

₹18,103 Cr

52W Low

₹145.75

52W High

₹275.50

LTP

₹ 1,090

22.40 (2.10%)

Volume

2,02,276

Market Cap

₹3,540 Cr

52W Low

₹567.75

52W High

₹1,330.00

LTP

₹ 9.73

0.00 (0.00%)

Volume

2,638

Market Cap

₹28 Cr

52W Low

₹6.90

52W High

₹9.73

LTP

₹ 537.8

9.30 (1.76%)

Volume

8,27,825

Market Cap

₹1,638 Cr

52W Low

₹320.35

52W High

₹813.95

LTP

₹ 8.65

-0.25 (-2.81%)

Volume

1,757

Market Cap

₹5 Cr

52W Low

₹5.00

52W High

₹10.98

LTP

₹ 107.31

2.72 (2.60%)

Volume

54,03,633

Market Cap

₹2,117 Cr

52W Low

₹84.80

52W High

₹210.85

LTP

₹ 186.6

1.34 (0.72%)

Volume

10,028

Market Cap

₹101 Cr

52W Low

₹160.05

52W High

₹246.65

LTP

₹ 45.13

0.54 (1.21%)

Volume

9,469

Market Cap

₹206 Cr

52W Low

₹28.50

52W High

₹55.15

LTP

₹ 11.6

-0.21 (-1.78%)

Volume

7,60,050

Market Cap

₹470 Cr

52W Low

₹3.17

52W High

₹13.64

LTP

₹ 2,072.8

-31.50 (-1.50%)

Volume

47,529

Market Cap

₹3,519 Cr

52W Low

₹1,167.00

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

₹ 101.8

-2.49 (-2.39%)

Volume

30,97,726

Market Cap

₹9,529 Cr

52W Low

₹99.06

52W High

₹236.00

LTP

₹ 219.8

-5.15 (-2.29%)

Volume

1,36,500

Market Cap

₹508 Cr

52W Low

₹178.05

52W High

₹456.00

LTP

₹ 71.78

2.33 (3.35%)

Volume

1,89,87,875

Market Cap

₹6,749 Cr

52W Low

₹28.00

52W High

₹72.63

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

₹ 754

3.80 (0.51%)

Volume

5,04,770

Market Cap

₹61,779 Cr

52W Low

₹496.60

52W High

₹818.95

LTP

₹ 1,050.85

4.55 (0.43%)

Volume

12,24,184

Market Cap

₹1,06,742 Cr

52W Low

₹723.35

52W High

₹1,073.70

LTP

₹ 39

0.00 (0.00%)

Volume

90,78,528

Market Cap

₹1,830 Cr

52W Low

₹0.00

52W High

₹39.15

LTP

₹ 1,115.2

14.30 (1.30%)

Volume

16,44,469

Market Cap

₹2,69,110 Cr

52W Low

₹880.00

52W High

₹1,117.90

LTP

₹ 77.83

0.01 (0.01%)

Volume

10,62,241

Market Cap

₹2,963 Cr

52W Low

₹59.77

52W High

₹123.75

LTP

₹ 42.3

-0.20 (-0.47%)

Volume

14,000

Market Cap

₹55 Cr

52W Low

₹32.60

52W High

₹55.00

LTP

₹ 822.5

-5.00 (-0.60%)

Volume

17,696

Market Cap

₹3,609 Cr

52W Low

₹666.50

52W High

₹1,277.00

LTP

₹ 29.44

-0.05 (-0.17%)

Volume

16,42,591

Market Cap

₹830 Cr

52W Low

₹25.10

52W High

₹64.67

LTP

₹ 9.23

-0.09 (-0.97%)

Volume

6,04,527

Market Cap

₹293 Cr

52W Low

₹8.36

52W High

₹58.60

LTP

₹ 50.25

-1.89 (-3.62%)

Volume

12,578

Market Cap

₹148 Cr

52W Low

₹24.25

52W High

₹55.50

LTP

₹ 100.4

-0.55 (-0.54%)

Volume

6,600

Market Cap

₹217 Cr

52W Low

₹90.50

52W High

₹223.95

LTP

₹ 33.99

0.58 (1.74%)

Volume

809

Market Cap

₹119 Cr

52W Low

₹29.20

52W High

₹56.00

LTP

₹ 452.2

0.00 (0.00%)

Volume

2,20,635

Market Cap

₹9,050 Cr

52W Low

₹0.00

52W High

₹477.95

LTP

₹ 214.7

5.90 (2.83%)

Volume

15,500

Market Cap

₹296 Cr

52W Low

₹196.05

52W High

₹430.00

LTP

₹ 9.16

0.01 (0.11%)

Volume

1,53,710

Market Cap

₹244 Cr

52W Low

₹7.49

52W High

₹22.84

LTP

₹ 9

-0.14 (-1.53%)

Volume

1,157

Market Cap

₹5 Cr

52W Low

₹7.59

52W High

₹15.84

LTP

₹ 391

-0.10 (-0.03%)

Volume

6,473

Market Cap

₹646 Cr

52W Low

₹179.53

52W High

₹404.80

LTP

₹ 78

-0.17 (-0.22%)

Volume

2,000

Market Cap

₹111 Cr

52W Low

₹50.55

52W High

₹93.99

LTP

₹ 415.5

-0.35 (-0.08%)

Volume

2,05,374

Market Cap

₹3,120 Cr

52W Low

₹201.55

52W High

₹468.00

LTP

₹ 140.57

3.63 (2.65%)

Volume

8,20,071

Market Cap

₹1,445 Cr

52W Low

₹56.70

52W High

₹171.95

LTP

₹ 60.96

-0.51 (-0.83%)

Volume

5,564

Market Cap

₹406 Cr

52W Low

₹43.05

52W High

₹77.14

LTP

₹ 59

-0.85 (-1.42%)

Volume

6,400

Market Cap

₹148 Cr

52W Low

₹26.25

52W High

₹80.20

LTP

₹ 233.35

13.35 (6.07%)

Volume

73,200

Market Cap

₹653 Cr

52W Low

₹132.00

52W High

₹240.00

LTP

₹ 1.83

-0.09 (-4.69%)

Volume

50,950

Market Cap

₹11 Cr

52W Low

₹0.00

52W High

₹2.00

LTP

₹ 67.9

0.15 (0.22%)

Volume

1,430

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

₹ 17.56

0.12 (0.69%)

Volume

2,716

Market Cap

₹24 Cr

52W Low

₹13.21

52W High

₹36.20

LTP

₹ 39.22

-1.44 (-3.54%)

Volume

30,30,981

Market Cap

₹2,307 Cr

52W Low

₹21.60

52W High

₹64.52

LTP

₹ 139.4

0.80 (0.58%)

Volume

1,08,076

Market Cap

₹2,006 Cr

52W Low

₹84.40

52W High

₹177.30

LTP

₹ 16.02

0.06 (0.38%)

Volume

1,851

Market Cap

₹19 Cr

52W Low

₹14.60

52W High

₹23.46

LTP

₹ 54

0.00 (0.00%)

Volume

116

Market Cap

₹30 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

₹ 35

-1.00 (-2.78%)

Volume

17,600

Market Cap

₹62 Cr

52W Low

₹23.35

52W High

₹90.00

LTP

₹ 45.86

-0.34 (-0.74%)

Volume

41,56,902

Market Cap

₹13,545 Cr

52W Low

₹32.13

52W High

₹55.21

LTP

₹ 14.7

-0.27 (-1.80%)

Volume

3,920

Market Cap

₹54 Cr

52W Low

₹11.19

52W High

₹26.58

LTP

₹ 1.85

0.00 (0.00%)

Volume

26,878

Market Cap

₹0 Cr

52W Low

₹0.00

52W High

₹1.90

LTP

₹ 81.72

-0.39 (-0.47%)

Volume

13,831

Market Cap

₹427 Cr

52W Low

₹44.35

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

₹ 187.3

17.65 (10.40%)

Volume

1,43,000

Market Cap

₹128 Cr

52W Low

₹122.85

52W High

₹188.00

LTP

₹ 290.5

21.35 (7.93%)

Volume

2,686

Market Cap

₹514 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

₹ 240.85

-4.72 (-1.92%)

Volume

5,16,936

Market Cap

₹3,316 Cr

52W Low

₹135.65

52W High

₹269.20

LTP

₹ 167.48

0.31 (0.19%)

Volume

11,38,679

Market Cap

₹2,988 Cr

52W Low

₹132.51

52W High

₹199.00

LTP

₹ 5.65

0.01 (0.18%)

Volume

1,34,945

Market Cap

₹99 Cr

52W Low

₹5.35

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

2.80 (4.17%)

Volume

3,000

Market Cap

₹19 Cr

52W Low

₹60.55

52W High

₹116.00

LTP

₹ 39.8

-0.36 (-0.90%)

Volume

46,971

Market Cap

₹181 Cr

52W Low

₹3.06

52W High

₹57.95

LTP

₹ 350.4

-5.50 (-1.55%)

Volume

61,729

Market Cap

₹1,812 Cr

52W Low

₹260.00

52W High

₹618.00

LTP

₹ 10.05

-0.30 (-2.90%)

Volume

28,98,69,576

Market Cap

₹1,613 Cr

52W Low

₹8.50

52W High

₹16.93

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

₹ 30.75

0.91 (3.05%)

Volume

19,866

Market Cap

₹49 Cr

52W Low

₹26.90

52W High

₹59.79

LTP

₹ 24.8

0.07 (0.28%)

Volume

73,214

Market Cap

₹214 Cr

52W Low

₹24.00

52W High

₹71.45

LTP

₹ 145.4

-1.09 (-0.74%)

Volume

73,140

Market Cap

₹777 Cr

52W Low

₹115.99

52W High

₹273.97

LTP

₹ 166.9

5.75 (3.57%)

Volume

2,360

Market Cap

₹177 Cr

52W Low

₹69.00

52W High

₹182.00

LTP

₹ 19.96

0.56 (2.89%)

Volume

28,39,899

Market Cap

₹1,546 Cr

52W Low

₹12.15

52W High

₹24.61

LTP

₹ 85

0.00 (0.00%)

Volume

10,500

Market Cap

₹70 Cr

52W Low

₹75.05

52W High

₹168.30

LTP

₹ 36.89

-0.36 (-0.97%)

Volume

1,546

Market Cap

₹20 Cr

52W Low

₹32.00

52W High

₹64.99

LTP

₹ 30.53

0.26 (0.86%)

Volume

38,900

Market Cap

₹304 Cr

52W Low

₹26.00

52W High

₹54.90

LTP

₹ 34.86

1.66 (5.00%)

Volume

1,54,829

Market Cap

₹282 Cr

52W Low

₹14.37

52W High

₹34.86

LTP

₹ 218.8

13.40 (6.52%)

Volume

3,45,000

Market Cap

₹957 Cr

52W Low

₹151.00

52W High

₹249.25

LTP

₹ 9.53

0.46 (5.07%)

Volume

3,35,85,658

Market Cap

₹1,564 Cr

52W Low

₹6.91

52W High

₹23.28

LTP

₹ 120.13

0.98 (0.82%)

Volume

8,74,018

Market Cap

₹3,510 Cr

52W Low

₹96.25

52W High

₹149.40

LTP

₹ 617.7

-8.45 (-1.35%)

Volume

28,51,226

Market Cap

₹22,052 Cr

52W Low

₹384.10

52W High

₹639.75

LTP

₹ 108.25

0.45 (0.42%)

Volume

6,121

Market Cap

₹147 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

₹ 34.44

-0.78 (-2.21%)

Volume

58,293

Market Cap

₹206 Cr

52W Low

₹30.00

52W High

₹74.05

LTP

₹ 179.76

0.56 (0.31%)

Volume

2,01,689

Market Cap

₹1,073 Cr

52W Low

₹135.10

52W High

₹230.85

LTP

₹ 75.69

2.59 (3.54%)

Volume

39,341

Market Cap

₹145 Cr

52W Low

₹43.30

52W High

₹112.99

LTP

₹ 3.79

0.12 (3.27%)

Volume

2,48,125

Market Cap

₹222 Cr

52W Low

₹2.80

52W High

₹5.64

LTP

₹ 269

9.65 (3.72%)

Volume

708

Market Cap

₹132 Cr

52W Low

₹235.00

52W High

₹498.95

LTP

₹ 26.98

-0.80 (-2.88%)

Volume

5,692

Market Cap

₹9 Cr

52W Low

₹26.01

52W High

₹45.84

LTP

₹ 197.5

0.05 (0.03%)

Volume

4,206

Market Cap

₹178 Cr

52W Low

₹133.15

52W High

₹257.00

LTP

₹ 73.4

4.40 (6.38%)

Volume

32,000

Market Cap

₹132 Cr

52W Low

₹54.05

52W High

₹84.00

LTP

₹ 927.8

4.90 (0.53%)

Volume

63,553

Market Cap

₹25,742 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

₹ 132.92

0.13 (0.10%)

Volume

46,62,345

Market Cap

₹54,812 Cr

52W Low

₹99.15

52W High

₹144.20

LTP

₹ 10.59

-0.16 (-1.49%)

Volume

20,56,450

Market Cap

₹1,320 Cr

52W Low

₹7.06

52W High

₹13.90

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

₹ 265.75

-1.75 (-0.65%)

Volume

2,45,113

Market Cap

₹4,825 Cr

52W Low

₹188.15

52W High

₹322.00

LTP

₹ 320

-3.50 (-1.08%)

Volume

600

Market Cap

₹373 Cr

52W Low

₹233.05

52W High

₹469.90

LTP

₹ 0.96

0.00 (0.00%)

Volume

1,72,156

Market Cap

₹24 Cr

52W Low

₹0.96

52W High

₹3.93

LTP

₹ 322.5

2.80 (0.88%)

Volume

1,254

Market Cap

₹582 Cr

52W Low

₹284.70

52W High

₹530.40

LTP

₹ 364

17.30 (4.99%)

Volume

11,452

Market Cap

₹395 Cr

52W Low

₹258.00

52W High

₹625.00

LTP

₹ 98.9

5.90 (6.34%)

Volume

1,400

Market Cap

₹144 Cr

52W Low

₹75.10

52W High

₹319.00

LTP

₹ 33

0.00 (0.00%)

Volume

1,200

Market Cap

₹77 Cr

52W Low

₹30.30

52W High

₹71.05

LTP

₹ 18.65

-0.35 (-1.84%)

Volume

200

Market Cap

₹10 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

₹ 172.11

2.88 (1.70%)

Volume

2,36,93,605

Market Cap

₹2,11,221 Cr

52W Low

₹122.62

52W High

₹172.50

LTP

₹ 233.3

0.00 (0.00%)

Volume

28,55,608

Market Cap

₹0 Cr

52W Low

₹0.00

52W High

₹238.05

LTP

₹ 2,454.3

-4.70 (-0.19%)

Volume

17,042

Market Cap

₹5,649 Cr

52W Low

₹2,050.00

52W High

₹3,438.80

LTP

₹ 32.58

0.33 (1.02%)

Volume

1,064

Market Cap

₹54 Cr

52W Low

₹29.75

52W High

₹97.95

LTP

₹ 28.18

-0.01 (-0.04%)

Volume

27,427

Market Cap

₹37 Cr

52W Low

₹9.15

52W High

₹39.60

LTP

₹ 20.5

-0.48 (-2.29%)

Volume

98,564

Market Cap

₹62 Cr

52W Low

₹20.50

52W High

₹32.97

LTP

₹ 407.1

20.45 (5.29%)

Volume

50,65,438

Market Cap

₹11,772 Cr

52W Low

₹278.55

52W High

₹451.00

LTP

₹ 10.3

-0.13 (-1.25%)

Volume

30

Market Cap

₹5 Cr

52W Low

₹6.02

52W High

₹11.53

LTP

₹ 275.45

-2.20 (-0.79%)

Volume

57,118

Market Cap

₹2,680 Cr

52W Low

₹178.00

52W High

₹322.00

LTP

₹ 58.76

0.61 (1.05%)

Volume

13,509

Market Cap

₹184 Cr

52W Low

₹33.30

52W High

₹73.88

LTP

₹ 1,346

30.70 (2.33%)

Volume

37,450

Market Cap

₹2,702 Cr

52W Low

₹1,005.30

52W High

₹2,358.60

LTP

₹ 162.99

2.66 (1.66%)

Volume

17,430

Market Cap

₹303 Cr

52W Low

₹125.00

52W High

₹286.65

LTP

₹ 577.85

-6.90 (-1.18%)

Volume

13,000

Market Cap

₹1,431 Cr

52W Low

₹291.00

52W High

₹673.70

LTP

0.00 (0.00%)

Volume

Market Cap

₹0 Cr

52W Low

₹0.00

52W High

₹0.00

LTP

₹ 153.7

0.19 (0.12%)

Volume

16,128

Market Cap

₹506 Cr

52W Low

₹135.00

52W High

₹296.70

LTP

₹ 36.02

-0.09 (-0.25%)

Volume

2,11,151

Market Cap

₹2,393 Cr

52W Low

₹25.60

52W High

₹55.52

LTP

₹ 0.48

0.02 (4.35%)

Volume

2,500

Market Cap

₹0 Cr

52W Low

₹0.46

52W High

₹0.48

LTP

₹ 7.61

-0.01 (-0.13%)

Volume

63,823

Market Cap

₹109 Cr

52W Low

₹5.65

52W High

₹12.50

Join Our 3 Cr+ Happy Customers

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.

Learn to Earn
Learn from our knowledge center curated by our experts, which will help you take informed decisions about your investments.
Learn to Earn

Open Free Demat Account!

Join our 3 Cr+ happy customers

Start an SIP at just ₹100!

Get the link to download the App

Send App Link