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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

₹ 9.55

0.04 (0.42%)

Volume

107

Market Cap

₹5 Cr

52W Low

₹8.26

52W High

₹12.75

LTP

₹ 32.55

-0.45 (-1.36%)

Volume

2,000

Market Cap

₹82 Cr

52W Low

₹23.65

52W High

₹72.00

LTP

₹ 100.14

-1.30 (-1.28%)

Volume

2,21,023

Market Cap

₹1,146 Cr

52W Low

₹72.14

52W High

₹151.50

LTP

₹ 203.4

-2.96 (-1.43%)

Volume

25,03,313

Market Cap

₹2,672 Cr

52W Low

₹144.25

52W High

₹272.00

LTP

₹ 67.48

-0.36 (-0.53%)

Volume

8,536

Market Cap

₹88 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

₹ 3.09

0.06 (1.98%)

Volume

1,40,530

Market Cap

₹120 Cr

52W Low

₹2.90

52W High

₹34.33

LTP

₹ 2.03

0.07 (3.57%)

Volume

86,220

Market Cap

₹29 Cr

52W Low

₹1.85

52W High

₹5.39

LTP

₹ 1,743.2

-16.30 (-0.93%)

Volume

10,40,178

Market Cap

₹48,854 Cr

52W Low

₹1,272.70

52W High

₹1,936.00

LTP

₹ 6.31

0.14 (2.27%)

Volume

175

Market Cap

₹3 Cr

52W Low

₹4.43

52W High

₹7.52

LTP

₹ 19.98

-1.05 (-4.99%)

Volume

60,665

Market Cap

₹17 Cr

52W Low

₹18.08

52W High

₹62.65

LTP

₹ 138.5

-0.25 (-0.18%)

Volume

992

Market Cap

₹562 Cr

52W Low

₹86.90

52W High

₹208.20

LTP

₹ 111.4

1.40 (1.27%)

Volume

10,066

Market Cap

₹145 Cr

52W Low

₹73.50

52W High

₹163.70

LTP

₹ 388.55

-0.40 (-0.10%)

Volume

1,51,610

Market Cap

₹6,088 Cr

52W Low

₹323.15

52W High

₹503.95

LTP

₹ 534.95

4.85 (0.91%)

Volume

2,099

Market Cap

₹1,011 Cr

52W Low

₹435.00

52W High

₹804.85

LTP

₹ 214.28

-2.63 (-1.21%)

Volume

2,38,261

Market Cap

₹1,486 Cr

52W Low

₹122.23

52W High

₹300.75

LTP

₹ 16.18

0.38 (2.41%)

Volume

11,801

Market Cap

₹143 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

₹ 54

-0.41 (-0.75%)

Volume

92,594

Market Cap

₹1,225 Cr

52W Low

₹39.36

52W High

₹79.05

LTP

₹ 67.5

-0.50 (-0.74%)

Volume

685

Market Cap

₹36 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

₹ 160

-5.00 (-3.03%)

Volume

11,250

Market Cap

₹398 Cr

52W Low

₹64.00

52W High

₹178.80

LTP

₹ 1,490

11.95 (0.81%)

Volume

8,000

Market Cap

₹1,358 Cr

52W Low

₹1,111.00

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

₹ 235.57

-1.21 (-0.51%)

Volume

22,514

Market Cap

₹367 Cr

52W Low

₹185.99

52W High

₹477.00

LTP

₹ 322.55

4.55 (1.43%)

Volume

4,64,695

Market Cap

₹2,195 Cr

52W Low

₹167.00

52W High

₹400.00

LTP

₹ 7.9

-0.03 (-0.38%)

Volume

74,408

Market Cap

₹86 Cr

52W Low

₹6.43

52W High

₹18.20

LTP

₹ 1.55

0.00 (0.00%)

Volume

400

Market Cap

₹1 Cr

52W Low

₹0.00

52W High

₹1.55

LTP

₹ 25.98

0.98 (3.92%)

Volume

9,000

Market Cap

₹32 Cr

52W Low

₹25.00

52W High

₹49.50

LTP

₹ 1,132.8

-33.30 (-2.86%)

Volume

5,160

Market Cap

₹1,485 Cr

52W Low

₹655.00

52W High

₹1,455.00

LTP

₹ 48.1

-2.40 (-4.75%)

Volume

6,400

Market Cap

₹23 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

₹ 523.95

-4.05 (-0.77%)

Volume

61,642

Market Cap

₹12,735 Cr

52W Low

₹288.05

52W High

₹568.65

LTP

₹ 714.65

5.10 (0.72%)

Volume

3,233

Market Cap

₹862 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

₹ 171.15

-0.10 (-0.06%)

Volume

843

Market Cap

₹93 Cr

52W Low

₹156.00

52W High

₹441.20

LTP

₹ 69.95

-0.27 (-0.38%)

Volume

86,355

Market Cap

₹367 Cr

52W Low

₹63.19

52W High

₹147.80

LTP

₹ 185.05

0.79 (0.43%)

Volume

5,07,579

Market Cap

₹12,348 Cr

52W Low

₹145.75

52W High

₹253.40

LTP

₹ 1,108.8

-29.00 (-2.55%)

Volume

1,14,962

Market Cap

₹3,784 Cr

52W Low

₹567.75

52W High

₹1,330.00

LTP

₹ 9.27

0.00 (0.00%)

Volume

17,905

Market Cap

₹26 Cr

52W Low

₹6.90

52W High

₹9.27

LTP

₹ 396.95

1.80 (0.46%)

Volume

1,18,229

Market Cap

₹1,220 Cr

52W Low

₹320.35

52W High

₹888.75

LTP

₹ 9.44

0.28 (3.06%)

Volume

1,05,181

Market Cap

₹5 Cr

52W Low

₹5.00

52W High

₹10.98

LTP

₹ 99.23

-1.57 (-1.56%)

Volume

21,72,818

Market Cap

₹2,045 Cr

52W Low

₹84.80

52W High

₹210.85

LTP

₹ 198.94

-0.11 (-0.06%)

Volume

2,675

Market Cap

₹106 Cr

52W Low

₹160.05

52W High

₹246.65

LTP

₹ 42.26

1.60 (3.94%)

Volume

5,780

Market Cap

₹200 Cr

52W Low

₹28.50

52W High

₹63.62

LTP

₹ 5.9

0.10 (1.72%)

Volume

3,90,437

Market Cap

₹231 Cr

52W Low

₹3.17

52W High

₹8.74

LTP

₹ 2,281.6

50.30 (2.25%)

Volume

73,801

Market Cap

₹3,703 Cr

52W Low

₹1,110.15

52W High

₹2,371.00

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

₹ 121.71

-4.67 (-3.70%)

Volume

18,62,930

Market Cap

₹11,540 Cr

52W Low

₹99.06

52W High

₹236.00

LTP

₹ 234.3

-6.05 (-2.52%)

Volume

70,500

Market Cap

₹542 Cr

52W Low

₹178.05

52W High

₹456.00

LTP

₹ 38

2.71 (7.68%)

Volume

37,99,874

Market Cap

₹3,442 Cr

52W Low

₹28.00

52W High

₹55.50

LTP

₹ 236.27

-2.76 (-1.15%)

Volume

26,77,416

Market Cap

₹15,303 Cr

52W Low

₹199.62

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

₹ 703.2

-3.80 (-0.54%)

Volume

8,02,747

Market Cap

₹58,199 Cr

52W Low

₹496.60

52W High

₹848.00

LTP

₹ 970.65

19.40 (2.04%)

Volume

19,53,004

Market Cap

₹96,750 Cr

52W Low

₹723.35

52W High

₹1,075.20

LTP

₹ 39

0.00 (0.00%)

Volume

90,78,528

Market Cap

₹1,830 Cr

52W Low

₹0.00

52W High

₹39.15

LTP

₹ 1,059.9

30.30 (2.94%)

Volume

31,66,924

Market Cap

₹2,51,723 Cr

52W Low

₹854.15

52W High

₹1,074.90

LTP

₹ 78.69

-0.28 (-0.35%)

Volume

13,51,629

Market Cap

₹3,006 Cr

52W Low

₹59.77

52W High

₹123.75

LTP

₹ 40.6

-1.05 (-2.52%)

Volume

8,000

Market Cap

₹54 Cr

52W Low

₹32.60

52W High

₹55.00

LTP

₹ 956.75

7.35 (0.77%)

Volume

1,32,644

Market Cap

₹4,147 Cr

52W Low

₹666.50

52W High

₹1,277.00

LTP

₹ 30.93

-0.57 (-1.81%)

Volume

3,46,25,197

Market Cap

₹884 Cr

52W Low

₹25.10

52W High

₹67.30

LTP

₹ 10.19

-0.08 (-0.78%)

Volume

2,18,840

Market Cap

₹320 Cr

52W Low

₹9.10

52W High

₹58.60

LTP

₹ 47

-1.48 (-3.05%)

Volume

13,133

Market Cap

₹138 Cr

52W Low

₹24.25

52W High

₹51.00

LTP

₹ 115

0.00 (0.00%)

Volume

43,200

Market Cap

₹248 Cr

52W Low

₹90.50

52W High

₹247.00

LTP

₹ 38

0.43 (1.14%)

Volume

3,938

Market Cap

₹133 Cr

52W Low

₹29.20

52W High

₹56.00

LTP

₹ 452.2

0.00 (0.00%)

Volume

2,20,635

Market Cap

₹9,482 Cr

52W Low

₹0.00

52W High

₹477.95

LTP

₹ 265.55

-7.40 (-2.71%)

Volume

11,500

Market Cap

₹387 Cr

52W Low

₹196.05

52W High

₹430.00

LTP

₹ 9.94

-0.11 (-1.09%)

Volume

1,71,549

Market Cap

₹268 Cr

52W Low

₹7.78

52W High

₹22.98

LTP

₹ 8.77

-0.17 (-1.90%)

Volume

8,401

Market Cap

₹5 Cr

52W Low

₹7.59

52W High

₹15.84

LTP

₹ 342

-2.10 (-0.61%)

Volume

101

Market Cap

₹573 Cr

52W Low

₹96.15

52W High

₹352.00

LTP

₹ 754.45

-4.85 (-0.64%)

Volume

4,60,698

Market Cap

₹10,173 Cr

52W Low

₹566.50

52W High

₹814.30

LTP

₹ 81.85

-1.35 (-1.62%)

Volume

22,000

Market Cap

₹118 Cr

52W Low

₹50.55

52W High

₹113.00

LTP

₹ 418.8

3.15 (0.76%)

Volume

4,08,407

Market Cap

₹2,691 Cr

52W Low

₹201.55

52W High

₹513.70

LTP

₹ 134.17

0.58 (0.43%)

Volume

1,32,658

Market Cap

₹1,329 Cr

52W Low

₹56.70

52W High

₹141.25

LTP

₹ 66.29

0.94 (1.44%)

Volume

51,051

Market Cap

₹427 Cr

52W Low

₹43.05

52W High

₹77.14

LTP

₹ 78.95

1.20 (1.54%)

Volume

3,50,400

Market Cap

₹192 Cr

52W Low

₹26.25

52W High

₹79.30

LTP

₹ 162

0.00 (0.00%)

Volume

1,200

Market Cap

₹481 Cr

52W Low

₹126.15

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

₹ 72.68

0.23 (0.32%)

Volume

3,756

Market Cap

₹53 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

₹ 18.67

-0.82 (-4.21%)

Volume

8,396

Market Cap

₹27 Cr

52W Low

₹13.21

52W High

₹36.20

LTP

₹ 26.97

0.13 (0.48%)

Volume

3,36,761

Market Cap

₹1,524 Cr

52W Low

₹21.60

52W High

₹64.52

LTP

₹ 144.33

4.95 (3.55%)

Volume

5,77,223

Market Cap

₹2,012 Cr

52W Low

₹84.40

52W High

₹188.20

LTP

₹ 15.45

-0.06 (-0.39%)

Volume

1,900

Market Cap

₹18 Cr

52W Low

₹14.32

52W High

₹25.98

LTP

₹ 54.2

-2.85 (-5.00%)

Volume

540

Market Cap

₹32 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

₹ 28.7

0.05 (0.17%)

Volume

4,800

Market Cap

₹50 Cr

52W Low

₹23.35

52W High

₹90.00

LTP

₹ 40.44

-0.16 (-0.39%)

Volume

27,88,927

Market Cap

₹11,898 Cr

52W Low

₹32.13

52W High

₹62.45

LTP

₹ 14.47

0.40 (2.84%)

Volume

15,252

Market Cap

₹51 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

₹ 91.49

2.29 (2.57%)

Volume

65,244

Market Cap

₹427 Cr

52W Low

₹36.11

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

₹ 151

-2.10 (-1.37%)

Volume

1,000

Market Cap

₹115 Cr

52W Low

₹122.85

52W High

₹158.50

LTP

₹ 223.6

4.35 (1.98%)

Volume

1,945

Market Cap

₹418 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

₹ 230.25

0.27 (0.12%)

Volume

5,18,569

Market Cap

₹3,102 Cr

52W Low

₹135.65

52W High

₹257.70

LTP

₹ 159.61

-1.32 (-0.82%)

Volume

6,85,582

Market Cap

₹2,883 Cr

52W Low

₹132.51

52W High

₹237.00

LTP

₹ 6.25

0.02 (0.32%)

Volume

1,29,491

Market Cap

₹109 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

₹ 81

0.00 (0.00%)

Volume

8,000

Market Cap

₹23 Cr

52W Low

₹67.10

52W High

₹120.75

LTP

₹ 55.86

-1.13 (-1.98%)

Volume

1,73,879

Market Cap

₹257 Cr

52W Low

₹2.73

52W High

₹57.95

LTP

₹ 431.35

7.85 (1.85%)

Volume

1,04,022

Market Cap

₹2,151 Cr

52W Low

₹260.00

52W High

₹662.80

LTP

₹ 12.06

-0.08 (-0.66%)

Volume

99,40,365

Market Cap

₹1,893 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

₹ 34.98

0.23 (0.66%)

Volume

6,693

Market Cap

₹57 Cr

52W Low

₹30.00

52W High

₹59.79

LTP

₹ 31.32

-0.28 (-0.89%)

Volume

72,989

Market Cap

₹273 Cr

52W Low

₹24.50

52W High

₹97.81

LTP

₹ 2,896.9

4.10 (0.14%)

Volume

16,401

Market Cap

₹20,266 Cr

52W Low

₹2,343.05

52W High

₹3,978.50

LTP

₹ 157.59

-0.59 (-0.37%)

Volume

1,56,854

Market Cap

₹839 Cr

52W Low

₹115.99

52W High

₹273.97

LTP

₹ 94.06

1.06 (1.14%)

Volume

774

Market Cap

₹102 Cr

52W Low

₹69.00

52W High

₹130.01

LTP

₹ 18.97

0.04 (0.21%)

Volume

2,20,244

Market Cap

₹1,508 Cr

52W Low

₹11.20

52W High

₹24.61

LTP

₹ 101.2

-5.30 (-4.98%)

Volume

4,500

Market Cap

₹88 Cr

52W Low

₹58.00

52W High

₹168.30

LTP

₹ 40.99

-1.11 (-2.64%)

Volume

2,598

Market Cap

₹23 Cr

52W Low

₹32.83

52W High

₹64.99

LTP

₹ 36.75

-0.98 (-2.60%)

Volume

34,781

Market Cap

₹379 Cr

52W Low

₹26.00

52W High

₹75.00

LTP

₹ 16.98

-0.21 (-1.22%)

Volume

70,308

Market Cap

₹145 Cr

52W Low

₹15.70

52W High

₹31.18

LTP

₹ 166.7

-8.05 (-4.61%)

Volume

11,73,000

Market Cap

₹814 Cr

52W Low

₹151.00

52W High

₹174.75

LTP

₹ 7.16

-0.21 (-2.85%)

Volume

3,25,70,397

Market Cap

₹1,271 Cr

52W Low

₹7.08

52W High

₹23.28

LTP

₹ 97.59

15.59 (19.01%)

Volume

5,70,76,108

Market Cap

₹0 Cr

52W Low

₹96.25

52W High

₹111.00

LTP

₹ 431.5

-5.70 (-1.30%)

Volume

2,67,769

Market Cap

₹15,413 Cr

52W Low

₹231.00

52W High

₹563.45

LTP

₹ 123.3

0.93 (0.76%)

Volume

9,851

Market Cap

₹168 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

₹ 36.85

0.25 (0.68%)

Volume

9,608

Market Cap

₹214 Cr

52W Low

₹30.00

52W High

₹75.00

LTP

₹ 192.57

-2.65 (-1.36%)

Volume

4,88,600

Market Cap

₹1,169 Cr

52W Low

₹135.10

52W High

₹213.43

LTP

₹ 61.9

-0.26 (-0.42%)

Volume

23,917

Market Cap

₹123 Cr

52W Low

₹43.30

52W High

₹112.99

LTP

₹ 3.88

-0.03 (-0.77%)

Volume

4,68,575

Market Cap

₹233 Cr

52W Low

₹2.80

52W High

₹7.37

LTP

₹ 300

-7.95 (-2.58%)

Volume

70

Market Cap

₹156 Cr

52W Low

₹235.00

52W High

₹632.15

LTP

₹ 32.3

-0.09 (-0.28%)

Volume

2,459

Market Cap

₹11 Cr

52W Low

₹27.30

52W High

₹45.84

LTP

₹ 211.95

-7.80 (-3.55%)

Volume

6,359

Market Cap

₹198 Cr

52W Low

₹133.15

52W High

₹298.00

LTP

₹ 63.1

-1.45 (-2.25%)

Volume

1,88,000

Market Cap

₹124 Cr

52W Low

₹61.60

52W High

₹65.75

LTP

₹ 878.95

4.35 (0.50%)

Volume

8,13,881

Market Cap

₹24,406 Cr

52W Low

₹628.25

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

₹ 137.48

4.14 (3.10%)

Volume

2,84,63,371

Market Cap

₹55,060 Cr

52W Low

₹99.15

52W High

₹158.75

LTP

₹ 10.37

0.51 (5.17%)

Volume

1,17,55,557

Market Cap

₹1,209 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

₹ 313.45

-1.05 (-0.33%)

Volume

5,39,595

Market Cap

₹5,661 Cr

52W Low

₹188.15

52W High

₹319.80

LTP

₹ 374.3

-19.70 (-5.00%)

Volume

4,200

Market Cap

₹431 Cr

52W Low

₹233.05

52W High

₹839.00

LTP

₹ 1.76

0.00 (0.00%)

Volume

7,338

Market Cap

₹44 Cr

52W Low

₹1.12

52W High

₹3.93

LTP

₹ 390.55

-1.50 (-0.38%)

Volume

18,011

Market Cap

₹721 Cr

52W Low

₹297.25

52W High

₹530.40

LTP

₹ 282.3

-1.00 (-0.35%)

Volume

1,675

Market Cap

₹323 Cr

52W Low

₹269.60

52W High

₹832.00

LTP

₹ 107

-0.30 (-0.28%)

Volume

2,600

Market Cap

₹166 Cr

52W Low

₹102.10

52W High

₹397.00

LTP

₹ 342.05

-1.80 (-0.52%)

Volume

3,19,112

Market Cap

₹7,480 Cr

52W Low

₹212.55

52W High

₹371.98

LTP

₹ 33.1

-0.60 (-1.78%)

Volume

7,200

Market Cap

₹78 Cr

52W Low

₹32.70

52W High

₹81.00

LTP

₹ 16.4

-0.85 (-4.93%)

Volume

100

Market Cap

₹9 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

₹ 165.88

5.82 (3.64%)

Volume

6,33,15,210

Market Cap

₹1,99,674 Cr

52W Low

₹122.62

52W High

₹178.19

LTP

₹ 233.3

0.00 (0.00%)

Volume

28,55,608

Market Cap

₹0 Cr

52W Low

₹0.00

52W High

₹238.05

LTP

₹ 3,123.1

-76.70 (-2.40%)

Volume

22,470

Market Cap

₹7,341 Cr

52W Low

₹2,050.00

52W High

₹3,933.00

LTP

₹ 2,995.2

-91.80 (-2.97%)

Volume

3,46,742

Market Cap

₹59,744 Cr

52W Low

₹2,407.10

52W High

₹4,810.80

LTP

₹ 39.25

-3.55 (-8.29%)

Volume

35,978

Market Cap

₹71 Cr

52W Low

₹38.00

52W High

₹103.81

LTP

₹ 21.72

0.42 (1.97%)

Volume

835

Market Cap

₹28 Cr

52W Low

₹6.40

52W High

₹39.60

LTP

₹ 24.62

-0.16 (-0.65%)

Volume

28,942

Market Cap

₹74 Cr

52W Low

₹20.92

52W High

₹34.50

LTP

₹ 362.95

-1.70 (-0.47%)

Volume

4,04,774

Market Cap

₹11,111 Cr

52W Low

₹278.55

52W High

₹451.00

LTP

₹ 9.39

0.00 (0.00%)

Volume

8

Market Cap

₹5 Cr

52W Low

₹6.02

52W High

₹12.59

LTP

₹ 256.75

-6.70 (-2.54%)

Volume

1,97,905

Market Cap

₹2,154 Cr

52W Low

₹178.00

52W High

₹322.00

LTP

₹ 44.77

-0.10 (-0.22%)

Volume

27,312

Market Cap

₹140 Cr

52W Low

₹32.90

52W High

₹73.88

LTP

₹ 1,461.7

106.40 (7.85%)

Volume

11,46,056

Market Cap

₹2,770 Cr

52W Low

₹1,005.30

52W High

₹2,450.35

LTP

₹ 155.21

-1.88 (-1.20%)

Volume

16,110

Market Cap

₹298 Cr

52W Low

₹125.00

52W High

₹298.80

LTP

₹ 559.15

2.50 (0.45%)

Volume

20,750

Market Cap

₹1,363 Cr

52W Low

₹291.00

52W High

₹673.70

LTP

₹ 177.21

-2.76 (-1.53%)

Volume

17,445

Market Cap

₹594 Cr

52W Low

₹135.00

52W High

₹296.70

LTP

₹ 937.9

26.25 (2.88%)

Volume

35,19,014

Market Cap

₹23,991 Cr

52W Low

₹544.85

52W High

₹994.00

LTP

₹ 35.43

1.38 (4.05%)

Volume

9,04,990

Market Cap

₹2,256 Cr

52W Low

₹25.60

52W High

₹55.52

LTP

₹ 0.44

0.02 (4.76%)

Volume

800

Market Cap

₹0 Cr

52W Low

₹0.00

52W High

₹0.44

LTP

₹ 8.11

0.00 (0.00%)

Volume

71,758

Market Cap

₹116 Cr

52W Low

₹5.65

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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