131 companies · NSE & BSE · Updated daily
The Indian Iron & Steel sector is witnessing a robust upswing, driven by strong domestic demand and government infrastructure push. As global supply chains normalize and commodity prices stabilize, steel manufacturers are poised for a significant earnings rebound.
We're tracking 27 listed companies in the Iron & Steel Products space. Key performance indicators such as capacity utilisation, average selling prices (ASPs), and raw material costs (iron ore, coking coal) are critical to watch. Companies with integrated operations and strong balance sheets, indicated by low debt-to-equity ratios, are better positioned to weather cyclicality and capitalize on this growth phase. Bull Run scores highlight stocks with a combination of strong fundamentals and favourable market sentiment.
What to Watch
Monitor domestic steel demand, particularly from construction and automotive sectors. Track global iron ore and coking coal prices for input cost impact. Keep an eye on government capex announcements and trade policies that could influence sector profitability and valuations. Companies showing consistent volume growth alongside price hikes are prime candidates.
What are the key drivers for the Indian Iron & Steel sector currently?
The primary drivers are strong domestic demand from infrastructure development, housing, and the automotive sector, coupled with government initiatives like 'Make in India' and increased capital expenditure.
How does the Bull Run score apply to Iron & Steel stocks?
The Bull Run score assesses stocks based on financial health (ROE, debt-to-equity), valuation (P/E), and momentum, identifying companies likely to outperform in the current market environment.
What are the main risks for steel companies?
Key risks include volatility in raw material prices (iron ore, coking coal), fluctuations in global steel demand, potential anti-dumping duties, and regulatory changes impacting environmental compliance.
Which metrics are most important for evaluating Iron & Steel stocks?
Crucial metrics include capacity utilization, volume growth, average selling prices (ASPs), EBITDA margins, debt-to-equity ratio, and return on equity (ROE).
| # | Company | Symbol | Price | Change | Market Cap |
|---|---|---|---|---|---|
| 1 | Apl Apollo Tubes Ltd | APLAPOLLO | ₹1854.60 | +0.68% | ₹48.1K Cr |
| 2 | Shyam Metalics and Energy Ltd | SHYAMMETL | ₹955.55 | -0.99% | ₹22.9K Cr |
| 3 | Welspun Corp Ltd | WELCORP | ₹1394.30 | +1.49% | ₹22.7K Cr |
| 4 | Ratnamani Metals & Tubes Ltd | RATNAMANI | ₹2602.20 | +0.13% | ₹16.7K Cr |
| 5 | Godawari Power & Ispat Ltd | GPIL | ₹272.10 | -1.72% | ₹16.4K Cr |
| 6 | Gallantt Ispat Ltd | GALLANTT | ₹713.20 | +5.00% | ₹14.2K Cr |
| 7 | Usha Martin Ltd | USHAMART | ₹494.90 | -0.86% | ₹12.9K Cr |
| 8 | Jindal Saw Ltd | JINDALSAW | ₹258.48 | +4.26% | ₹10.7K Cr |
| 9 | Maharashtra Seamless Ltd | MAHSEAMLES | ₹614.90 | -1.46% | ₹7.9K Cr |
| 10 | Jayaswal Neco Industries Ltd | JAYNECOIND | ₹91.80 | +2.06% | ₹6.9K Cr |
| 11 | Surya Roshni Ltd | SURYAROSNI | ₹261.20 | -0.80% | ₹5.7K Cr |
| 12 | Technocraft Industries India Limited | TIIL | ₹2507.40 | -1.86% | ₹5.3K Cr |
| 13 | Bansal Wire Industries Ltd | BANSALWIRE | ₹307.25 | +0.85% | ₹5.0K Cr |
| 14 | Electrosteel Castings Ltd | ELECTCAST | ₹79.01 | +2.24% | ₹4.6K Cr |
| 15 | Sunflag Iron & Steel Co Ltd | SUNFLAG | ₹365.00 | +0.08% | ₹4.5K Cr |
| 16 | Goodluck India Ltd | GOODLUCK | ₹1350.60 | +2.81% | ₹3.9K Cr |
| 17 | Man Industries India Ltd | MANINDS | ₹592.60 | +3.73% | ₹3.4K Cr |
| 18 | Kalyani Steels Ltd | KSL | ₹813.55 | +0.22% | ₹3.4K Cr |
| 19 | Sambhv Steel Tubes Limited | SAMBHV | ₹107.64 | +1.33% | ₹3.1K Cr |
| 20 | Vardhman Special Steels Ltd | VSSL | ₹288.70 | +1.69% | ₹2.7K Cr |
| 21 | Venus Pipes & Tubes Ltd | VENUSPIPES | ₹1431.80 | -0.76% | ₹2.6K Cr |
| 22 | Shivalik Bimetal Con Ltd | SBCL | ₹729.10 | -1.55% | ₹2.5K Cr |
| 23 | JTL Industries Ltd | JTLIND | ₹76.17 | -1.07% | ₹2.5K Cr |
| 24 | Welspun Speciality Solutions Ltd | WELSPLSOL | ₹59.98 | +9.99% | ₹2.4K Cr |
| 25 | Aeroflex Industries Ltd | AEROFLEX | ₹510.90 | +8.31% | ₹2.4K Cr |
| 26 | Msp Steel & Power Ltd | MSPL | ₹41.98 | -1.18% | ₹2.1K Cr |
| 27 | Hi Tech Pipes Ltd | HITECH | ₹91.89 | +1.63% | ₹2.0K Cr |
| 28 | RHETAN | RHETAN | ₹28.41 | -6.91% | ₹1.8K Cr |
| 29 | Rama Steel Tubes Ltd | RAMASTEEL | ₹5.00 | -2.15% | ₹1.6K Cr |
| 30 | Manaksia Coated Metals & Industries Ltd | MANAKCOAT | ₹112.74 | +1.29% | ₹1.5K Cr |