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 ₹13.66, up +0.37% on NSE/BSE as of 19 June 2026. Mirae Asset Nifty Metal ETF (METAL) is a Small-cap company in the Iron & Steel Products sector with a market capitalisation of ₹52.09 (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 24.69x, METAL is currently trading above its industry average P/E of 22.05x. The company has a Return on Equity (ROE) of 5.79% and a debt-to-equity ratio of 0.00.
Mirae Asset Nifty Metal ETF Share Price Chart — NSE/BSE Historical Performance
Mirae Asset Nifty Metal ETF share price chart: 5.90% 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 |
|---|---|---|---|---|---|
| ₹13.65 | ₹13.73 | ₹13.44 | ₹13.66 | 53.27L (Cr) | |
| ₹13.96 | ₹13.96 | ₹13.48 | ₹13.61 | 43.77L (Cr) | |
| ₹13.90 | ₹13.90 | ₹13.50 | ₹13.55 | 37.48L (Cr) | |
| ₹13.83 | ₹13.83 | ₹13.83 | ₹13.83 | 0.00 (Cr) | |
| ₹13.78 | ₹13.97 | ₹13.57 | ₹13.83 | 46.36L (Cr) | |
| ₹13.44 | ₹13.61 | ₹13.39 | ₹13.58 | 31.10L (Cr) | |
| ₹13.70 | ₹13.70 | ₹13.02 | ₹13.44 | 36.00L (Cr) | |
| ₹13.11 | ₹13.47 | ₹13.11 | ₹13.37 | 26.63L (Cr) | |
| ₹13.54 | ₹13.54 | ₹13.25 | ₹13.29 | 26.67L (Cr) | |
| ₹13.47 | ₹13.47 | ₹13.00 | ₹13.27 | 25.88L (Cr) |
Mirae Asset Nifty Metal ETF — Last 12 Months Price History
| Month | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| ₹13.96 | ₹13.96 | ₹13.44 | ₹13.66 | -2.15% | |
| ₹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% | |
| ₹9.34 | ₹9.79 | ₹9.11 | ₹9.20 | -1.50% | |
| ₹9.80 | ₹9.89 | ₹9.19 | ₹9.30 | -5.10% |
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
3 factors identified
Debt-Free Balance Sheet (D/E: 0.00)
Observation: Low leverage provides financial flexibility and reduced risk.
Analysis: Conservative debt structure offers resilience during economic downturns.
Balanced Promoter Holding (70.58%)
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
6 factors identified
Below-Average Return on Equity (5.79%)
Observation: Returns on equity are below industry benchmarks.
Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.
Margin Pressure Concerns (2.54%)
Observation: Operating margins are below industry standards.
Analysis: OPM <5% may indicate pricing pressures or cost management challenges.
Profit Decline Concern (-13.58%)
Observation: Significant year-over-year profit contraction observed.
Analysis: Declining profitability requires investigation into underlying causes.
Weak Earnings Growth (-3.62% CAGR)
Observation: Below-average 5-year EPS growth performance.
Analysis: Low EPS growth may not keep pace with inflation.
Stagnant Profit Growth (-3.62% CAGR)
Observation: Limited 5-year profit growth trajectory.
Analysis: Low profit growth may indicate scalability challenges or market maturity.
Weak Interest Coverage (2.12x)
Observation: Limited ability to service debt obligations from earnings.
Analysis: Low interest coverage raises concerns about financial stability.
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 | 22.2/100 | ₹13.66₹14 | ₹52.09₹52.09 | 24.69Average 24.7 Average | 5.79%Poor 5.79% Poor | 12.76%Average 12.76% Average | 0.00Excellent 0.0 Excellent | -3.62%Poor -3.62% Poor | 5.82%Good 5.82% Good | 1.41% |
Apl Apollo Tubes LtdApl Apollo Tube... APLAPOLLO • 533758 | 58.2/100 | ₹1867.70₹1868 | ₹48140.62₹48140.62 | 45.90Average 45.9 Average | 18.95%Good 18.95% Good | 22.36%Excellent 22.36% Excellent | 0.16Excellent 0.2 Excellent | 25.60%Excellent 25.60% Excellent | 21.78%Excellent 21.78% Excellent | 0.33% |
Shyam Metalics and Energy LtdShyam Metalics ... SHYAMMETL • 543299 | 68/100 | ₹976.05₹976 | ₹22904.25₹22904.25 | 23.60Average 23.6 Average | 8.99%Poor 8.99% Poor | 12.05%Average 12.05% Average | 0.10Excellent 0.1 Excellent | 21.75%Excellent 21.75% Excellent | 28.17%Excellent 28.17% Excellent | 0.55% |
Welspun Corp LtdWelspun Corp Lt... WELCORP • 532144 | 68.3/100 | ₹1352.80₹1353 | ₹22738.84₹22738.84 | 12.82Average 12.8 Average | 18.59%Good 18.59% Good | 21.24%Excellent 21.24% Excellent | 0.19Excellent 0.2 Excellent | 13.17%Good 13.17% Good | 7.02%Good 7.02% Good | 0.58% |
Ratnamani Metals & Tubes LtdRatnamani Metal... RATNAMANI • 520111 | 68/100 | ₹2587.30₹2587 | ₹16673.81₹16673.81 | 27.49Average 27.5 Average | 16.01%Good 16.01% Good | 21.51%Excellent 21.51% Excellent | 0.06Excellent 0.1 Excellent | 12.03%Good 12.03% Good | 14.94%Good 14.94% Good | 0.59% |
Godawari Power & Ispat LtdGodawari Power ... GPIL • 532734 | 58.9/100 | ₹281.80₹282 | ₹16393.58₹16393.58 | 22.05Average 22.1 Average | 17.23%Good 17.23% Good | 23.25%Excellent 23.25% Excellent | 0.04Excellent 0.0 Excellent | 36.29%Excellent 36.29% Excellent | 10.43%Good 10.43% Good | 0.42% |
Gallantt Ispat LtdGallantt Ispat ... GALLANTT • 532726 | 61.5/100 | ₹689.40₹689 | ₹14229.55₹14229.55 | 28.88Average 28.9 Average | 15.11%Good 15.11% Good | 19.20%Good 19.20% Good | 0.21Excellent 0.2 Excellent | 77.96%Excellent 77.96% Excellent | 37.76%Excellent 37.76% Excellent | 0.21% |
Usha Martin LtdUsha Martin Ltd... USHAMART • 517146 | 43.7/100 | ₹510.45₹510 | ₹12879.99₹12879.99 | 30.52Average 30.5 Average | 15.83%Good 15.83% Good | 18.75%Good 18.75% Good | 0.09Excellent 0.1 Excellent | -0.10%Poor -0.10% Poor | 10.03%Good 10.03% Good | 0.71% |
Jindal Saw LtdJindal Saw Ltd... JINDALSAW • 500378 | 42.5/100 | ₹246.07₹246 | ₹10658.72₹10658.72 | 7.76Average 7.8 Average | 16.31%Good 16.31% Good | 19.37%Good 19.37% Good | 0.43Excellent 0.4 Excellent | 23.92%Excellent 23.92% Excellent | 12.37%Good 12.37% Good | 1.20% |
Maharashtra Seamless LtdMaharashtra Sea... MAHSEAMLES • 500265 | 62/100 | ₹635.20₹635 | ₹7894.79₹7894.79 | 10.07Average 10.1 Average | 12.90%Average 12.90% Average | 16.63%Good 16.63% Good | 0.00Excellent 0.0 Excellent | 36.46%Excellent 36.46% Excellent | 14.78%Good 14.78% Good | 1.70% |
Jayaswal Neco Industries LtdJayaswal Neco I... JAYNECOIND • 522285 | 38.5/100 | ₹104.51₹105 | ₹6850.49₹6850.49 | 18.18Average 18.2 Average | 4.86%Poor 4.86% Poor | 12.59%Average 12.59% Average | 0.90Good 0.9 Good | 16.22%Excellent 16.22% Excellent | 10.52%Good 10.52% Good | 0.00% |
Top Iron & Steel Products Stocks
View all →By Bull Run Score
By Return on Equity
By Market Cap
- Apl Apollo Tubes Ltd share price48140.62 Cr
- Shyam Metalics and Energy Ltd share price22904.25 Cr
- Welspun Corp Ltd share price22738.84 Cr
- Ratnamani Metals & Tubes Ltd share price16673.81 Cr
- Godawari Power & Ispat Ltd share price16393.58 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)
-4.53%
Latest quarter vs same quarter previous year
Net Profit Growth (YoY)
-13.58%
Latest quarter net profit vs same quarter previous year
5-Year Revenue CAGR
5.82%
Compounded annual revenue growth over 5 years
5-Year Profit CAGR
-3.62%
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 ₹52.09 (Cr). Mirae Asset Nifty Metal ETF has delivered a Return on Equity (ROE) of 5.79% and a ROCE of 12.76%. The debt-to-equity ratio stands at 0.00, reflecting the company's capital structure. Investors tracking METAL share price can monitor key metrics including P/E ratio, promoter holding of 70.58%, 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 ₹13.66 on NSE and BSE. Market cap ₹52.09 (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 24.69x vs industry average 22.05x.
What is the Bull Run score for Mirae Asset Nifty Metal ETF?
Mirae Asset Nifty Metal ETF has a Bull Run score of 22.2/100 based on 25+ financial parameters.
Does Mirae Asset Nifty Metal ETF pay dividends?
Mirae Asset Nifty Metal ETF has a dividend yield of 1.41%. 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 5.79%. 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 0.00.
Is Mirae Asset Nifty Metal ETF a good investment?
Bull Run gives Mirae Asset Nifty Metal ETF a score of 22.2/100. This is not investment advice — consult a SEBI-registered advisor.