Mirae Asset Nifty Metal ETF Stock Price Today (NSE: METAL)
Fundamental Score
Mirae Asset Nifty Metal ETF Share Price — Live NSE/BSE Price, Fundamentals & Analysis
Mirae Asset Nifty Metal ETF share price today is ₹13.30, up +0.23% on NSE/BSE as of 7 August 2026. Mirae Asset Nifty Metal ETF (METAL) is a Small-cap company in the Iron & Steel Products sector with a market capitalisation of ₹36.68 (Cr). The 52-week high for METAL share price is ₹13.97 and the 52-week low is ₹8.70. At a P/E ratio of 15.28x, METAL is currently trading below its industry average P/E of 22.88x. The company has a Return on Equity (ROE) of 5.57% and a debt-to-equity ratio of 0.08.
Mirae Asset Nifty Metal ETF Share Price Chart — NSE/BSE Historical Performance
Mirae Asset Nifty Metal ETF share price chart: 2.64% return over the past month. 52-week high ₹13.97, 52-week low ₹8.70.
Mirae Asset Nifty Metal ETF — Last 10 Trading Days
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| ₹13.60 | ₹13.60 | ₹12.95 | ₹13.30 | 19.96L (Cr) | |
| ₹13.60 | ₹13.60 | ₹13.10 | ₹13.27 | 34.00L (Cr) | |
| ₹13.12 | ₹13.39 | ₹13.12 | ₹13.37 | 37.04L (Cr) | |
| ₹13.32 | ₹13.32 | ₹12.91 | ₹13.12 | 25.59L (Cr) | |
| ₹13.16 | ₹13.16 | ₹12.87 | ₹13.00 | 30.63L (Cr) | |
| ₹12.51 | ₹12.94 | ₹12.51 | ₹12.84 | 21.20L (Cr) | |
| ₹12.84 | ₹12.86 | ₹12.75 | ₹12.84 | 18.59L (Cr) | |
| ₹12.83 | ₹12.83 | ₹12.51 | ₹12.80 | 22.89L (Cr) | |
| ₹12.59 | ₹12.64 | ₹12.50 | ₹12.52 | 22.12L (Cr) | |
| ₹12.84 | ₹12.84 | ₹12.52 | ₹12.59 | 65.29L (Cr) |
Mirae Asset Nifty Metal ETF — Last 12 Months Price History
| Month | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| ₹13.16 | ₹13.60 | ₹12.87 | ₹13.30 | +1.06% | |
| ₹12.61 | ₹13.04 | ₹12.19 | ₹12.84 | +1.82% | |
| ₹13.96 | ₹13.96 | ₹12.11 | ₹12.63 | -9.53% | |
| ₹12.59 | ₹13.97 | ₹12.59 | ₹13.55 | +7.63% | |
| ₹11.11 | ₹13.37 | ₹11.11 | ₹12.92 | +16.29% | |
| ₹12.61 | ₹12.64 | ₹10.87 | ₹11.40 | -9.60% | |
| ₹11.67 | ₹12.74 | ₹11.26 | ₹12.31 | +5.48% | |
| ₹11.22 | ₹12.85 | ₹10.80 | ₹11.86 | +5.70% | |
| ₹10.40 | ₹12.69 | ₹10.01 | ₹11.22 | +7.88% | |
| ₹10.70 | ₹10.96 | ₹10.04 | ₹10.34 | -3.36% | |
| ₹9.64 | ₹11.10 | ₹8.70 | ₹10.65 | +10.48% | |
| ₹9.21 | ₹11.50 | ₹9.21 | ₹10.72 | +16.40% |
AI Research Briefing
Powered by Gemini · 2026-04-17
A volatile, micro-cap bet on sustained Indian infrastructure growth, size accordingly.
WHAT'S HAPPENING NOW (last 2-4 weeks)
Mirae Asset Nifty Metal ETF FOF reopened for subscriptions, redemptions, SIP, STP and SWP on the NSE MF Invest platform effective February 27, 2026.
CORE STORY (THE REAL GAME)
This ETF is a play on Indian infrastructure and automotive growth through exposure to the domestic metals and mining sector. It's a bet that domestic demand will outpace global headwinds.
- Reopening of subscriptions provides renewed accessibility
- Forecasted growth in Indian steel demand
- Government support for domestic steel manufacturing
- Major infrastructure project announcements
- Changes in government policy regarding steel imports
- Global economic recovery
- Micro/SME cap = liquidity risk
- Very High risk category
- Cyclical nature of metal stocks
Promoter holdings are at 70.58%, with a slight increase of 0.06%. FII and DII holdings remain at 0.0%.
India's steel demand is expected to grow, driven by infrastructure and automotive sectors.
Free Cash Flow 5Y: ₹6.71 Cr
If infrastructure spending continues, this ETF will benefit. Watch for global recession risks and commodity price volatility over the next 3-6 months.
Primary Thesis Risk
A global recession will crush Indian infrastructure spending and metal demand.
For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.
Returns & Performance
Return on Equity (ROE)
Profit generated per ₹1 of shareholder equity
Return on Capital (ROCE)
Returns generated on total capital deployed
Oper. Profit Margin (5Y Avg)
Average operating profit margin over 5 years
Dividend Yield
Annual dividend as % of current share price
Mirae Asset Nifty Metal ETF Valuation Check
Price to Earnings (P/E)
Share price ÷ earnings per share. Lower = cheaper
Industry Avg P/E
Average P/E of all peers in this sector
Market Capitalisation
Total market value of all outstanding shares
Growth Engine
Profit Growth (Quarterly YoY)
Net profit growth vs same quarter last year
Revenue Growth (Quarterly YoY)
Revenue growth vs same quarter last year
Revenue Growth (5-Year CAGR)
Compounded annual revenue growth over 5 years
EPS Growth (5-Year CAGR)
Earnings per share growth over 5 years
Net Profit Growth (5-Year CAGR)
Compounded annual net profit growth over 5 years
Balance Sheet Health
Debt to Equity Ratio
Total debt ÷ equity. Below 0.5 = financially healthy
Interest Coverage Ratio
EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably
Free Cash Flow (5-Year Total)
Cash left after capex over 5 years. Positive = self-funded growth
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
Mirae Asset Nifty Metal ETF Fundamental Analysis & Valuation Benchmarking
Educational evaluation of METAL across key market metrics for learning purposes.
Positive Indicators
5 factors identified
Attractive Valuation (P/E: 15.28 vs Industry: 22.88)
Observation: Trading at discount to industry peers.
Analysis: P/E below industry average may present value opportunity.
Conservative Debt Levels (D/E: 0.08)
Observation: Low leverage provides financial flexibility and reduced risk.
Analysis: Conservative debt structure offers resilience during economic downturns.
Strong Interest Coverage (320.00x)
Observation: Earnings comfortably cover interest obligations.
Analysis: Interest coverage >5x indicates low financial distress risk.
Balanced Promoter Holding (70.94%)
Observation: Optimal balance between promoter control and public float.
Analysis: Promoter holding in 50-75% range provides management alignment.
Zero Share Pledging Risk
Observation: No promoter shares pledged as collateral.
Analysis: Absence of share pledging eliminates potential forced-selling pressure.
Risk Factors
7 factors identified
Below-Average Return on Equity (5.57%)
Observation: Returns on equity are below industry benchmarks.
Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.
Suboptimal ROCE (7.01%)
Observation: Returns on capital employed are below expectations.
Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.
Margin Pressure Concerns (2.33%)
Observation: Operating margins are below industry standards.
Analysis: OPM <5% may indicate pricing pressures or cost management challenges.
Profit Decline Concern (-90.23%)
Observation: Significant year-over-year profit contraction observed.
Analysis: Declining profitability requires investigation into underlying causes.
Revenue Contraction (-9.88%)
Observation: Sales decline may indicate market challenges or competitive pressures.
Analysis: Negative revenue growth requires analysis of market conditions.
Weak Earnings Growth (-1.36% CAGR)
Observation: Below-average 5-year EPS growth performance.
Analysis: Low EPS growth may not keep pace with inflation.
Stagnant Profit Growth (-1.36% CAGR)
Observation: Limited 5-year profit growth trajectory.
Analysis: Low profit growth may indicate scalability challenges or market maturity.
Mirae Asset Nifty Metal ETF vs Iron & Steel Products Peers
Peer Comparison - Iron & Steel Products
Compare Mirae Asset Nifty Metal ETF with 10 other companies in the same sector
| Company Info | Fundamental | Valuation | Profitability | Financial Health | Growth | Dividend | ||||
|---|---|---|---|---|---|---|---|---|---|---|
Company Company name | Score Bull Run comprehensive fundamental score based on 20+ metrics | Price Current trading price of the stock | Market Cap Total value of all shares in the market | P/E Price per share divided by earnings per share | ROE Net income divided by shareholder equity | ROCE Earnings before interest and tax divided by capital employed | Debt/Eq Total debt divided by total equity | Profit 5Y Average annual profit growth over 5 years | Sales 5Y Average annual sales growth over 5 years | Dividend Annual dividend per share divided by price per share |
Mirae Asset Nifty Metal ETFMirae Asset Nif...Selected✓ METAL • 531810 | 31.5/100 | ₹13.30₹13 | ₹36.68₹36.68 | 15.28Average 15.3 Average | 5.57%Poor 5.57% Poor | 7.01%Poor 7.01% Poor | 0.08Excellent 0.1 Excellent | -1.36%Poor -1.36% Poor | 9.63%Good 9.63% Good | 2.00% |
Apl Apollo Tubes LtdApl Apollo Tube... APLAPOLLO • 533758 | 58.7/100 | ₹1819.50₹1820 | ₹50449.08₹50449.08 | 41.93Average 41.9 Average | 25.31%Excellent 25.31% Excellent | 31.64%Excellent 31.64% Excellent | 0.09Excellent 0.1 Excellent | 27.28%Excellent 27.28% Excellent | 22.11%Excellent 22.11% Excellent | 0.32% |
Welspun Corp LtdWelspun Corp Lt... WELCORP • 532144 | 64.3/100 | ₹1439.30₹1439 | ₹44413.13₹44413.13 | 27.56Average 27.6 Average | 19.42%Good 19.42% Good | 22.89%Excellent 22.89% Excellent | 0.26Excellent 0.3 Excellent | 20.91%Excellent 20.91% Excellent | 18.58%Excellent 18.58% Excellent | 0.30% |
Shyam Metalics and Energy LtdShyam Metalics ... SHYAMMETL • 543299 | 56.3/100 | ₹1031.30₹1031 | ₹28869.18₹28869.18 | 26.97Average 27.0 Average | 9.70%Poor 9.70% Poor | 13.01%Average 13.01% Average | 0.09Excellent 0.1 Excellent | 4.90%Average 4.90% Average | 24.12%Excellent 24.12% Excellent | 0.44% |
Ratnamani Metals & Tubes LtdRatnamani Metal... RATNAMANI • 520111 | 45.6/100 | ₹2358.90₹2359 | ₹18251.63₹18251.63 | 37.27Average 37.3 Average | 12.64%Average 12.64% Average | 17.92%Good 17.92% Good | 0.08Excellent 0.1 Excellent | 12.16%Good 12.16% Good | 14.35%Good 14.35% Good | 0.38% |
Godawari Power & Ispat LtdGodawari Power ... GPIL • 532734 | 57.1/100 | ₹242.40₹242 | ₹17056.25₹17056.25 | 20.95Average 20.9 Average | 15.20%Good 15.20% Good | 20.37%Excellent 20.37% Excellent | 0.08Excellent 0.1 Excellent | 4.99%Average 4.99% Average | 6.38%Good 6.38% Good | 0.39% |
Gallantt Ispat LtdGallantt Ispat ... GALLANTT • 532726 | 61.9/100 | ₹614.60₹615 | ₹16624.26₹16624.26 | 34.33Average 34.3 Average | 15.73%Good 15.73% Good | 18.23%Good 18.23% Good | 0.17Excellent 0.2 Excellent | 42.84%Excellent 42.84% Excellent | 34.42%Excellent 34.42% Excellent | 0.18% |
Jindal Saw LtdJindal Saw Ltd... JINDALSAW • 500378 | 50.8/100 | ₹256.95₹257 | ₹16352.11₹16352.11 | 25.02Average 25.0 Average | 8.20%Poor 8.20% Poor | 10.43%Average 10.43% Average | 0.37Excellent 0.4 Excellent | 25.27%Excellent 25.27% Excellent | 10.91%Good 10.91% Good | 0.78% |
Usha Martin LtdUsha Martin Ltd... USHAMART • 517146 | 69.7/100 | ₹495.95₹496 | ₹15127.41₹15127.41 | 30.03Average 30.0 Average | 16.64%Good 16.64% Good | 20.18%Excellent 20.18% Excellent | 0.07Excellent 0.1 Excellent | 27.59%Excellent 27.59% Excellent | 11.97%Good 11.97% Good | 0.60% |
Jayaswal Neco Industries LtdJayaswal Neco I... JAYNECOIND • 522285 | 47/100 | ₹86.03₹86 | ₹8896.22₹8896.22 | 18.90Average 18.9 Average | 18.05%Good 18.05% Good | 20.67%Excellent 20.67% Excellent | 0.74Good 0.7 Good | 23.24%Excellent 23.24% Excellent | 14.17%Good 14.17% Good | 0.00% |
Maharashtra Seamless LtdMaharashtra Sea... MAHSEAMLES • 500265 | 60.6/100 | ₹565.35₹565 | ₹7890.10₹7890.10 | 11.21Average 11.2 Average | 10.65%Average 10.65% Average | 14.29%Average 14.29% Average | 0.00Excellent 0.0 Excellent | 28.94%Excellent 28.94% Excellent | 15.16%Excellent 15.16% Excellent | 1.70% |
Top Iron & Steel Products Stocks
View all →By Bull Run Score
By Return on Equity
By Market Cap
- Apl Apollo Tubes Ltd share price50449.08 Cr
- Welspun Corp Ltd share price44413.13 Cr
- Shyam Metalics and Energy Ltd share price28869.18 Cr
- Ratnamani Metals & Tubes Ltd share price18251.63 Cr
- Godawari Power & Ispat Ltd share price17056.25 Cr
Mirae Asset Nifty Metal ETF Quarterly Performance
Latest quarterly metrics for METAL — revenue growth and profit growth vs same quarter last year
Revenue Growth (YoY)
-9.88%
Latest quarter vs same quarter previous year
Net Profit Growth (YoY)
-90.23%
Latest quarter net profit vs same quarter previous year
5-Year Revenue CAGR
9.63%
Compounded annual revenue growth over 5 years
5-Year Profit CAGR
-1.36%
Compounded annual net profit growth over 5 years
Mirae Asset Nifty Metal ETF Technical Indicators
SMA 50, SMA 200, RSI and volume signals for METAL — calculated from daily price history
Momentum is balanced — neither overbought nor oversold.
Technical indicators are for educational purposes only. Not investment advice.
Mirae Asset Nifty Metal ETF Financial Statements
Annual income statement, balance sheet and cash flow for Mirae Asset Nifty Metal ETF (METAL) — sourced from NSE/BSE filings.
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About METAL (Mirae Asset Nifty Metal ETF)
Mirae Asset Nifty Metal ETF (METAL) is listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) of India. The company operates in the Iron & Steel Products secto...r with a current market capitalisation of ₹36.68 (Cr). Mirae Asset Nifty Metal ETF has delivered a Return on Equity (ROE) of 5.57% and a ROCE of 7.01%. The debt-to-equity ratio stands at 0.08, reflecting the company's capital structure. Investors tracking METAL share price can monitor key metrics including P/E ratio, promoter holding of 70.94%, and quarterly earnings growth.
Company Details
METAL Share Price: Frequently Asked Questions
What is the current share price of Mirae Asset Nifty Metal ETF?
Mirae Asset Nifty Metal ETF (METAL) trades at ₹13.30 on NSE and BSE. Market cap ₹36.68 (Cr). Educational data only.
What is the P/E ratio of Mirae Asset Nifty Metal ETF?
Mirae Asset Nifty Metal ETF has a P/E of 15.28x vs industry average 22.88x.
What is the Bull Run score for Mirae Asset Nifty Metal ETF?
Mirae Asset Nifty Metal ETF has a Bull Run score of 31.5/100 based on 25+ financial parameters.
Does Mirae Asset Nifty Metal ETF pay dividends?
Mirae Asset Nifty Metal ETF has a dividend yield of 2.00%. Past dividends don't guarantee future payments.
What is the ROE of Mirae Asset Nifty Metal ETF?
Mirae Asset Nifty Metal ETF has ROE of 5.57%. Higher ROE indicates better use of shareholder equity.
What is the debt-to-equity ratio of Mirae Asset Nifty Metal ETF?
Mirae Asset Nifty Metal ETF has debt-to-equity of 0.08.
Is Mirae Asset Nifty Metal ETF a good investment?
Bull Run gives Mirae Asset Nifty Metal ETF a score of 31.5/100. This is not investment advice — consult a SEBI-registered advisor.