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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

₹6.54

LTP

₹ 9.89

0.38 (4.00%)

Volume

917

Market Cap

₹5 Cr

52W Low

₹8.26

52W High

₹12.75

LTP

₹ 41.4

-0.20 (-0.48%)

Volume

8,000

Market Cap

₹103 Cr

52W Low

₹23.65

52W High

₹72.00

LTP

₹ 103.15

0.35 (0.34%)

Volume

4,50,094

Market Cap

₹1,165 Cr

52W Low

₹72.14

52W High

₹151.50

LTP

₹ 191.83

-1.22 (-0.63%)

Volume

7,03,772

Market Cap

₹2,489 Cr

52W Low

₹147.10

52W High

₹272.00

LTP

₹ 62.98

-0.72 (-1.13%)

Volume

4,831

Market Cap

₹82 Cr

52W Low

₹53.05

52W High

₹125.90

LTP

₹ 3.5

0.00 (0.00%)

Volume

600

Market Cap

₹0 Cr

52W Low

₹0.00

52W High

₹3.50

LTP

₹ 3.19

0.15 (4.93%)

Volume

1,61,524

Market Cap

₹120 Cr

52W Low

₹2.88

52W High

₹30.10

LTP

₹ 1.95

-0.02 (-1.02%)

Volume

7,449

Market Cap

₹27 Cr

52W Low

₹1.85

52W High

₹5.39

LTP

₹ 6

-0.27 (-4.31%)

Volume

460

Market Cap

₹3 Cr

52W Low

₹4.43

52W High

₹7.52

LTP

₹ 21.6

-0.56 (-2.53%)

Volume

4,027

Market Cap

₹18 Cr

52W Low

₹18.08

52W High

₹62.65

LTP

₹ 135

-4.00 (-2.88%)

Volume

335

Market Cap

₹563 Cr

52W Low

₹86.90

52W High

₹208.20

LTP

₹ 124

-2.60 (-2.05%)

Volume

19,367

Market Cap

₹167 Cr

52W Low

₹73.50

52W High

₹163.70

LTP

₹ 398

-7.75 (-1.91%)

Volume

48,068

Market Cap

₹6,348 Cr

52W Low

₹323.15

52W High

₹503.95

LTP

₹ 508.2

3.15 (0.62%)

Volume

750

Market Cap

₹963 Cr

52W Low

₹435.00

52W High

₹774.00

LTP

₹ 189.73

-3.35 (-1.74%)

Volume

56,424

Market Cap

₹1,323 Cr

52W Low

₹122.23

52W High

₹300.75

LTP

₹ 15.24

-0.38 (-2.43%)

Volume

4,179

Market Cap

₹141 Cr

52W Low

₹10.20

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

₹ 50.01

-0.65 (-1.28%)

Volume

1,02,476

Market Cap

₹1,140 Cr

52W Low

₹39.36

52W High

₹79.05

LTP

₹ 56.4

0.38 (0.68%)

Volume

1,877

Market Cap

₹30 Cr

52W Low

₹50.56

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

₹ 148.5

2.50 (1.71%)

Volume

4,500

Market Cap

₹352 Cr

52W Low

₹64.00

52W High

₹178.80

LTP

₹ 1,452

36.90 (2.61%)

Volume

2,200

Market Cap

₹1,300 Cr

52W Low

₹1,111.00

52W High

₹2,210.00

LTP

₹ 13.15

0.62 (4.95%)

Volume

100

Market Cap

₹6 Cr

52W Low

₹10.33

52W High

₹13.15

LTP

₹ 214.48

-6.01 (-2.73%)

Volume

14,492

Market Cap

₹341 Cr

52W Low

₹185.99

52W High

₹459.80

LTP

₹ 281.25

-4.55 (-1.59%)

Volume

38,026

Market Cap

₹1,966 Cr

52W Low

₹167.00

52W High

₹383.70

LTP

₹ 7.54

-0.10 (-1.31%)

Volume

37,016

Market Cap

₹83 Cr

52W Low

₹6.43

52W High

₹17.40

LTP

₹ 1.55

0.00 (0.00%)

Volume

400

Market Cap

₹1 Cr

52W Low

₹0.00

52W High

₹1.55

LTP

₹ 22.51

-0.50 (-2.17%)

Volume

6,000

Market Cap

₹28 Cr

52W Low

₹22.51

52W High

₹49.50

LTP

₹ 953.3

-50.10 (-4.99%)

Volume

1,612

Market Cap

₹1,268 Cr

52W Low

₹673.35

52W High

₹1,455.00

LTP

₹ 50.2

0.00 (0.00%)

Volume

1,600

Market Cap

₹22 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

₹ 774.3

8.10 (1.06%)

Volume

5,31,837

Market Cap

₹18,482 Cr

52W Low

₹288.05

52W High

₹782.90

LTP

₹ 768.05

3.10 (0.41%)

Volume

1,564

Market Cap

₹928 Cr

52W Low

₹585.50

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

₹ 237.95

11.15 (4.92%)

Volume

5,554

Market Cap

₹123 Cr

52W Low

₹156.00

52W High

₹441.20

LTP

₹ 68.29

-0.37 (-0.54%)

Volume

30,784

Market Cap

₹359 Cr

52W Low

₹63.19

52W High

₹147.80

LTP

₹ 195.21

-0.16 (-0.08%)

Volume

9,16,404

Market Cap

₹13,073 Cr

52W Low

₹145.75

52W High

₹253.40

LTP

₹ 1,114.3

5.60 (0.51%)

Volume

95,824

Market Cap

₹3,682 Cr

52W Low

₹567.75

52W High

₹1,330.00

LTP

₹ 9.73

0.00 (0.00%)

Volume

12,602

Market Cap

₹28 Cr

52W Low

₹6.90

52W High

₹9.73

LTP

₹ 457.5

-2.70 (-0.59%)

Volume

1,12,995

Market Cap

₹1,427 Cr

52W Low

₹320.35

52W High

₹888.75

LTP

₹ 8.18

0.16 (2.00%)

Volume

211

Market Cap

₹5 Cr

52W Low

₹5.00

52W High

₹10.98

LTP

₹ 90.2

-0.92 (-1.01%)

Volume

4,31,713

Market Cap

₹1,853 Cr

52W Low

₹84.80

52W High

₹210.85

LTP

₹ 208

3.06 (1.49%)

Volume

6,913

Market Cap

₹110 Cr

52W Low

₹160.05

52W High

₹246.65

LTP

₹ 40.89

0.86 (2.15%)

Volume

1,370

Market Cap

₹194 Cr

52W Low

₹28.50

52W High

₹63.62

LTP

₹ 9.36

0.44 (4.93%)

Volume

6,11,575

Market Cap

₹355 Cr

52W Low

₹3.17

52W High

₹9.36

LTP

₹ 2,195

-34.50 (-1.55%)

Volume

18,569

Market Cap

₹3,687 Cr

52W Low

₹1,110.15

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

₹ 113.47

-1.20 (-1.05%)

Volume

1,51,394

Market Cap

₹10,469 Cr

52W Low

₹99.06

52W High

₹236.00

LTP

₹ 252.85

0.40 (0.16%)

Volume

6,500

Market Cap

₹570 Cr

52W Low

₹178.05

52W High

₹456.00

LTP

₹ 53.39

2.57 (5.06%)

Volume

12,33,19,014

Market Cap

₹4,939 Cr

52W Low

₹28.00

52W High

₹55.50

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

₹ 690

8.90 (1.31%)

Volume

4,68,965

Market Cap

₹56,086 Cr

52W Low

₹496.60

52W High

₹803.00

LTP

₹ 965.25

-17.60 (-1.79%)

Volume

3,15,829

Market Cap

₹1,00,208 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

₹ 1,050.7

12.80 (1.23%)

Volume

17,62,258

Market Cap

₹2,53,728 Cr

52W Low

₹854.15

52W High

₹1,074.90

LTP

₹ 72.86

-0.23 (-0.31%)

Volume

5,48,694

Market Cap

₹2,790 Cr

52W Low

₹59.77

52W High

₹123.75

LTP

₹ 38.2

0.65 (1.73%)

Volume

8,000

Market Cap

₹49 Cr

52W Low

₹32.60

52W High

₹55.00

LTP

₹ 891.65

-30.05 (-3.26%)

Volume

1,70,650

Market Cap

₹4,022 Cr

52W Low

₹666.50

52W High

₹1,277.00

LTP

₹ 30.3

1.02 (3.48%)

Volume

6,52,768

Market Cap

₹824 Cr

52W Low

₹25.10

52W High

₹67.30

LTP

₹ 9.48

-0.05 (-0.52%)

Volume

55,332

Market Cap

₹300 Cr

52W Low

₹9.10

52W High

₹58.60

LTP

₹ 46.5

-1.47 (-3.06%)

Volume

495

Market Cap

₹136 Cr

52W Low

₹24.25

52W High

₹51.88

LTP

₹ 102

-0.20 (-0.20%)

Volume

7,200

Market Cap

₹220 Cr

52W Low

₹90.50

52W High

₹247.00

LTP

₹ 35.6

1.35 (3.94%)

Volume

601

Market Cap

₹122 Cr

52W Low

₹29.20

52W High

₹56.00

LTP

₹ 452.2

0.00 (0.00%)

Volume

2,20,635

Market Cap

₹9,616 Cr

52W Low

₹0.00

52W High

₹477.95

LTP

₹ 240.05

1.90 (0.80%)

Volume

3,000

Market Cap

₹338 Cr

52W Low

₹196.05

52W High

₹430.00

LTP

₹ 9.29

-0.32 (-3.33%)

Volume

1,94,814

Market Cap

₹256 Cr

52W Low

₹7.78

52W High

₹22.98

LTP

₹ 8.08

-0.41 (-4.83%)

Volume

1,124

Market Cap

₹4 Cr

52W Low

₹7.59

52W High

₹15.84

LTP

₹ 351.65

-5.15 (-1.44%)

Volume

1,068

Market Cap

₹588 Cr

52W Low

₹100.00

52W High

₹375.00

LTP

₹ 82

-0.51 (-0.62%)

Volume

5,000

Market Cap

₹117 Cr

52W Low

₹50.55

52W High

₹106.00

LTP

₹ 455

-4.25 (-0.93%)

Volume

1,63,754

Market Cap

₹3,093 Cr

52W Low

₹201.55

52W High

₹484.40

LTP

₹ 164.23

2.01 (1.24%)

Volume

1,31,574

Market Cap

₹1,612 Cr

52W Low

₹56.70

52W High

₹171.95

LTP

₹ 69.05

3.28 (4.99%)

Volume

1,40,495

Market Cap

₹426 Cr

52W Low

₹43.05

52W High

₹77.14

LTP

₹ 72.05

-1.45 (-1.97%)

Volume

16,000

Market Cap

₹181 Cr

52W Low

₹26.25

52W High

₹80.20

LTP

₹ 184.75

0.30 (0.16%)

Volume

2,400

Market Cap

₹548 Cr

52W Low

₹126.15

52W High

₹187.00

LTP

₹ 1.83

-0.09 (-4.69%)

Volume

50,950

Market Cap

₹11 Cr

52W Low

₹0.00

52W High

₹2.00

LTP

₹ 72.9

3.78 (5.47%)

Volume

3,408

Market Cap

₹51 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

₹ 17.79

-0.39 (-2.15%)

Volume

446

Market Cap

₹25 Cr

52W Low

₹13.21

52W High

₹36.20

LTP

₹ 34.54

3.14 (10.00%)

Volume

36,51,496

Market Cap

₹1,784 Cr

52W Low

₹21.60

52W High

₹64.52

LTP

₹ 145.95

-1.67 (-1.13%)

Volume

2,05,540

Market Cap

₹2,128 Cr

52W Low

₹84.40

52W High

₹187.65

LTP

₹ 16.24

-0.41 (-2.46%)

Volume

1,121

Market Cap

₹19 Cr

52W Low

₹14.60

52W High

₹25.98

LTP

₹ 51

0.00 (0.00%)

Volume

7

Market Cap

₹28 Cr

52W Low

₹49.40

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

₹ 27.9

0.00 (0.00%)

Volume

1,600

Market Cap

₹48 Cr

52W Low

₹23.35

52W High

₹90.00

LTP

₹ 36.95

-0.35 (-0.94%)

Volume

9,72,306

Market Cap

₹10,934 Cr

52W Low

₹32.13

52W High

₹59.59

LTP

₹ 15.4

0.88 (6.06%)

Volume

3,197

Market Cap

₹52 Cr

52W Low

₹11.19

52W High

₹27.50

LTP

₹ 1.85

0.00 (0.00%)

Volume

26,878

Market Cap

₹0 Cr

52W Low

₹0.00

52W High

₹1.90

LTP

₹ 88.57

0.28 (0.32%)

Volume

11,978

Market Cap

₹461 Cr

52W Low

₹43.25

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

₹ 157

0.00 (0.00%)

Volume

3,000

Market Cap

₹118 Cr

52W Low

₹122.85

52W High

₹165.00

LTP

₹ 256.5

-2.50 (-0.97%)

Volume

2,079

Market Cap

₹494 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

₹ 244.16

9.84 (4.20%)

Volume

5,47,521

Market Cap

₹3,161 Cr

52W Low

₹135.65

52W High

₹265.20

LTP

₹ 178.25

-0.97 (-0.54%)

Volume

2,89,372

Market Cap

₹3,207 Cr

52W Low

₹132.51

52W High

₹237.00

LTP

₹ 5.94

0.16 (2.77%)

Volume

96,775

Market Cap

₹101 Cr

52W Low

₹5.66

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

₹ 69.8

0.00 (0.00%)

Volume

2,000

Market Cap

₹20 Cr

52W Low

₹60.55

52W High

₹116.00

LTP

₹ 43.47

0.08 (0.18%)

Volume

1,10,207

Market Cap

₹196 Cr

52W Low

₹3.00

52W High

₹57.95

LTP

₹ 389.05

-2.95 (-0.75%)

Volume

10,781

Market Cap

₹1,993 Cr

52W Low

₹260.00

52W High

₹629.25

LTP

₹ 10.96

-0.06 (-0.54%)

Volume

25,59,902

Market Cap

₹1,716 Cr

52W Low

₹8.50

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

₹ 32.98

-0.81 (-2.40%)

Volume

868

Market Cap

₹55 Cr

52W Low

₹30.00

52W High

₹59.79

LTP

₹ 27.56

-0.48 (-1.71%)

Volume

35,359

Market Cap

₹242 Cr

52W Low

₹24.50

52W High

₹97.81

LTP

₹ 142.95

1.06 (0.75%)

Volume

2,24,786

Market Cap

₹753 Cr

52W Low

₹115.99

52W High

₹273.97

LTP

₹ 171.75

21.39 (14.23%)

Volume

1,65,012

Market Cap

₹165 Cr

52W Low

₹69.00

52W High

₹180.43

LTP

₹ 16.96

0.20 (1.19%)

Volume

2,95,889

Market Cap

₹1,336 Cr

52W Low

₹11.20

52W High

₹24.61

LTP

₹ 82.5

-3.00 (-3.51%)

Volume

19,500

Market Cap

₹68 Cr

52W Low

₹76.79

52W High

₹168.30

LTP

₹ 38.85

0.39 (1.01%)

Volume

6

Market Cap

₹21 Cr

52W Low

₹33.00

52W High

₹64.99

LTP

₹ 35.11

-0.81 (-2.26%)

Volume

18,910

Market Cap

₹360 Cr

52W Low

₹26.00

52W High

₹75.00

LTP

₹ 17.29

1.61 (10.27%)

Volume

7,33,680

Market Cap

₹133 Cr

52W Low

₹15.15

52W High

₹31.18

LTP

₹ 226.5

1.90 (0.85%)

Volume

51,000

Market Cap

₹1,047 Cr

52W Low

₹151.00

52W High

₹249.25

LTP

₹ 7.21

-0.02 (-0.28%)

Volume

28,16,796

Market Cap

₹1,248 Cr

52W Low

₹7.03

52W High

₹23.28

LTP

₹ 129.2

1.49 (1.17%)

Volume

26,02,783

Market Cap

₹3,770 Cr

52W Low

₹96.25

52W High

₹149.40

LTP

₹ 450.35

3.45 (0.77%)

Volume

1,04,365

Market Cap

₹15,753 Cr

52W Low

₹245.00

52W High

₹563.45

LTP

₹ 116.88

-2.51 (-2.10%)

Volume

12,917

Market Cap

₹163 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

₹ 36.98

-0.02 (-0.05%)

Volume

510

Market Cap

₹217 Cr

52W Low

₹30.00

52W High

₹75.00

LTP

₹ 196.42

-2.55 (-1.28%)

Volume

1,82,609

Market Cap

₹1,196 Cr

52W Low

₹135.10

52W High

₹230.85

LTP

₹ 59.4

-0.50 (-0.83%)

Volume

22,677

Market Cap

₹119 Cr

52W Low

₹43.30

52W High

₹112.99

LTP

₹ 3.77

-0.05 (-1.31%)

Volume

69,029

Market Cap

₹229 Cr

52W Low

₹2.80

52W High

₹7.37

LTP

₹ 293.35

10.75 (3.80%)

Volume

22

Market Cap

₹144 Cr

52W Low

₹235.00

52W High

₹609.80

LTP

₹ 31.5

2.07 (7.03%)

Volume

1

Market Cap

₹10 Cr

52W Low

₹27.30

52W High

₹45.84

LTP

₹ 205.9

5.85 (2.92%)

Volume

2,704

Market Cap

₹180 Cr

52W Low

₹133.15

52W High

₹294.00

LTP

₹ 64.15

0.00 (0.00%)

Volume

12,000

Market Cap

₹123 Cr

52W Low

₹60.15

52W High

₹84.00

LTP

₹ 990.7

5.10 (0.52%)

Volume

2,50,524

Market Cap

₹27,494 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

₹ 124.26

0.10 (0.08%)

Volume

49,83,228

Market Cap

₹51,280 Cr

52W Low

₹99.15

52W High

₹156.35

LTP

₹ 10.65

-0.19 (-1.75%)

Volume

10,04,972

Market Cap

₹1,329 Cr

52W Low

₹7.06

52W High

₹15.80

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

₹ 285.85

-4.45 (-1.53%)

Volume

1,24,262

Market Cap

₹5,229 Cr

52W Low

₹188.15

52W High

₹322.00

LTP

₹ 391.95

17.10 (4.56%)

Volume

300

Market Cap

₹432 Cr

52W Low

₹233.05

52W High

₹839.00

LTP

₹ 1.42

0.00 (0.00%)

Volume

1,02,899

Market Cap

₹35 Cr

52W Low

₹1.42

52W High

₹3.93

LTP

₹ 355.25

-3.90 (-1.09%)

Volume

19,644

Market Cap

₹659 Cr

52W Low

₹297.25

52W High

₹530.40

LTP

₹ 269.8

-9.60 (-3.44%)

Volume

1,567

Market Cap

₹319 Cr

52W Low

₹268.50

52W High

₹669.20

LTP

₹ 95.2

0.00 (0.00%)

Volume

400

Market Cap

₹147 Cr

52W Low

₹94.90

52W High

₹359.00

LTP

₹ 31

-0.60 (-1.90%)

Volume

2,400

Market Cap

₹73 Cr

52W Low

₹30.75

52W High

₹81.00

LTP

₹ 17.13

0.81 (4.96%)

Volume

100

Market Cap

₹8 Cr

52W Low

₹12.31

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

₹ 161.17

-0.19 (-0.12%)

Volume

1,48,81,765

Market Cap

₹2,01,422 Cr

52W Low

₹122.62

52W High

₹170.18

LTP

₹ 233.3

0.00 (0.00%)

Volume

28,55,608

Market Cap

₹0 Cr

52W Low

₹0.00

52W High

₹238.05

LTP

₹ 3,131.4

-161.60 (-4.91%)

Volume

18,755

Market Cap

₹7,576 Cr

52W Low

₹2,050.00

52W High

₹3,933.00

LTP

₹ 35.51

-1.06 (-2.90%)

Volume

3,340

Market Cap

₹61 Cr

52W Low

₹32.50

52W High

₹103.81

LTP

₹ 32.79

0.64 (1.99%)

Volume

6,145

Market Cap

₹42 Cr

52W Low

₹6.42

52W High

₹39.60

LTP

₹ 25

-0.02 (-0.08%)

Volume

1,63,146

Market Cap

₹74 Cr

52W Low

₹20.92

52W High

₹34.50

LTP

₹ 382.4

4.30 (1.14%)

Volume

1,98,476

Market Cap

₹11,524 Cr

52W Low

₹278.55

52W High

₹451.00

LTP

₹ 8.97

-0.01 (-0.11%)

Volume

11

Market Cap

₹4 Cr

52W Low

₹6.02

52W High

₹12.59

LTP

₹ 268.7

0.65 (0.24%)

Volume

48,223

Market Cap

₹2,602 Cr

52W Low

₹178.00

52W High

₹322.00

LTP

₹ 54.64

0.95 (1.77%)

Volume

13,211

Market Cap

₹172 Cr

52W Low

₹33.30

52W High

₹73.88

LTP

₹ 1,417.3

1.60 (0.11%)

Volume

22,994

Market Cap

₹2,892 Cr

52W Low

₹1,005.30

52W High

₹2,450.35

LTP

₹ 163.6

2.87 (1.79%)

Volume

12,701

Market Cap

₹305 Cr

52W Low

₹125.00

52W High

₹286.65

LTP

₹ 555

9.90 (1.82%)

Volume

7,000

Market Cap

₹1,334 Cr

52W Low

₹291.00

52W High

₹673.70

LTP

₹ 165.84

-1.18 (-0.71%)

Volume

6,488

Market Cap

₹553 Cr

52W Low

₹135.00

52W High

₹296.70

LTP

₹ 33.1

0.08 (0.24%)

Volume

3,64,801

Market Cap

₹2,188 Cr

52W Low

₹25.60

52W High

₹55.52

LTP

₹ 0.46

0.02 (4.55%)

Volume

50

Market Cap

₹0 Cr

52W Low

₹0.46

52W High

₹0.46

LTP

₹ 8.4

-0.23 (-2.67%)

Volume

56,902

Market Cap

₹123 Cr

52W Low

₹5.65

52W High

₹12.50

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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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