Metal sector stocks in India
Today's session is in. Every figure below is for today's session; the market closed at 3:30 pm IST.
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The metal sector at a glance: how its index is performing, how many of its 168 tracked stocks are in uptrends, how it is valued, and which companies lead and lag.
Breadth and returns as of the 5 Nov 2026 close
Index trend: Range
Rotation: Lagging
The Nifty Metal index has returned -0.0% over one month, -5.0% over three months and +16.9% over a year, and is currently in a range.
Of the 168 metal stocks we track, 45% trade above their 200-day moving average and 28% above their 50-day average; 6 made a new 52-week high in the latest session.
On the relative rotation graph against the Nifty 50 the sector sits in the Lagging quadrant, ranked 22 of the sectors by relative strength.
The median P/E of profitable metal companies with market cap above ₹500 Cr is 24.9, with a median ROE of 12.6%.
Nifty Metal index performance
Index close
12,595.10
+0.87% today
Return 1 month
-0.04%
Return 3 months
-4.99%
Return 6 months
-3.04%
Return 1 year
+16.86%
Index P/E
15.4
P/B 2.65
Breadth: how many metal stocks are trending up · 5 Nov close
Stocks tracked
168
Above 20-DMA
50.6%
Above 50-DMA
28.0%
Above 200-DMA
45.4%
Average RSI
48.6
Median 3M return
-7.0%
52-week highs / lows
6 / 2
Breakouts / breakdowns
8 / 3
Technical breakdown of the metal sector →
Best 1-month performers
| Stock | 1M | Score |
|---|---|---|
| NELCASTNelcast Limited | +33.4% | 86 |
| BMWVENTLTDBMW Ventures Limited | +28.6% | 68 |
| MAHASTEELMahamaya Steel Industries Limited | +26.9% | 77 |
| CUBEXTUBCubex Tubings Limited | +25.2% | 50 |
| SGMARTSG Mart Limited | +20.9% | 78 |
| SHYAMMETLShyam Metalics and Energy Limited | +20.5% | 87 |
| MANAKCOATManaksia Coated Metals & Industries Limited | +19.7% | 72 |
| HARIOMPIPEHariom Pipe Industries Limited | +11.9% | 64 |
Weakest 1-month performers
| Stock | 1M | Score |
|---|---|---|
| BANSALWIREBansal Wire Industries Limited | -80.6% | 16 |
| VIDYAWIRESVidya Wires Limited | -23.1% | 10 |
| LLOYDSENTLloyds Enterprises Limited | -20.6% | 17 |
| VENUSPIPESVenus Pipes & Tubes Limited | -19.0% | 23 |
| RHETANRhetan TMT Limited | -18.8% | 25 |
| AIAENGAIA Engineering Limited | -18.2% | 4 |
| PRECWIREPrecision Wires India Limited | -18.0% | 31 |
| RAMRATRam Ratna Wires Limited | -17.9% | 36 |
Largest metal companies by market cap
Close and day move on 5 Nov; valuations from the latest filings.
Across 128 metal companies above ₹500 Cr: median P/E 24.9, median ROE 12.6%, median 3-year sales growth 7%.
| # | Company | Close | Day | Market cap | P/E | ROE | Debt/Eq | Sales CAGR 3Y | Return 6M |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Adani Enterprises LimitedADANIENT · Trading - Minerals | ₹2,733.30 | +0.89% | ₹370,013 Cr | 45.78 | 10.0% | 1.32 | -8.0% | +9.1% |
| 2 | JSW Steel LimitedJSWSTEEL · Steel - Large | ₹1,355.60 | +0.94% | ₹330,899 Cr | 10.44 | 28.0% | 0.62 | +4.0% | +6.1% |
| 3 | Coal India LimitedCOALINDIA · Mining / Minerals / Metals | ₹394.30 | -1.34% | ₹242,996 Cr | 7.26 | 26.3% | 0.12 | +7.0% | -13.6% |
| 4 | Hindustan Zinc LimitedHINDZINC · Mining / Minerals / Metals | ₹570.75 | +3.74% | ₹241,160 Cr | 11.58 | 92.1% | 0.39 | +6.0% | -10.1% |
| 5 | Tata Steel LimitedTATASTEEL · Steel - Large | ₹182.00 | +1.15% | ₹227,033 Cr | 20.16 | 11.0% | 0.90 | -2.0% | -15.1% |
| 6 | Hindalco Industries LimitedHINDALCO · Aluminium and Aluminium Products | ₹937.85 | +0.22% | ₹209,735 Cr | 12.79 | 12.0% | 0.73 | +7.0% | -10.2% |
| 7 | Vedanta Aluminium Metal LimitedVAML · Aluminium | ₹379.10 | +0.60% | ₹148,007 Cr | — | — | 1.42 | — | -23.6% |
| 8 | JINDAL STEEL LIMITEDJINDALSTEL · Steel - Sponge Iron | ₹1,149.90 | +0.08% | ₹117,057 Cr | 41.15 | 5.4% | 0.43 | +0.0% | -7.9% |
| 9 | Vedanta LimitedVEDL · Mining / Minerals / Metals | ₹263.80 | +2.51% | ₹103,009 Cr | 3.27 | 63.4% | 0.56 | -19.0% | -11.0% |
| 10 | Lloyds Metals And Energy LimitedLLOYDSME · Mining / Minerals / Metals | ₹1,810.50 | +0.61% | ₹101,889 Cr | 18.95 | 33.2% | 1.42 | +72.0% | +4.3% |
| 11 | Bharat Forge LimitedBHARATFORG · Castings & Forgings | ₹1,753.00 | -3.30% | ₹85,664 Cr | 123.29 | 6.0% | 0.68 | +9.0% | -11.9% |
| 12 | Steel Authority of India LimitedSAIL · Steel - Large | ₹172.30 | +1.06% | ₹71,169 Cr | 12.70 | 9.0% | 0.50 | +2.0% | -6.8% |
| 13 | Welspun Corp LimitedWELCORP · Steel - Large | ₹2,385.60 | -0.60% | ₹62,909 Cr | 26.54 | 22.3% | 0.10 | +20.0% | +84.7% |
| 14 | NMDC LimitedNMDC · Mining / Minerals / Metals | ₹70.41 | +0.73% | ₹61,903 Cr | 8.30 | 21.9% | 0.19 | +22.0% | -20.7% |
| 15 | APL Apollo Tubes LimitedAPLAPOLLO · Steel - Large | ₹2,194.20 | -0.25% | ₹60,924 Cr | 46.52 | 22.8% | 0.17 | +13.0% | +12.6% |
| 16 | National Aluminium Company LimitedNATIONALUM · Aluminium and Aluminium Products | ₹331.00 | +1.46% | ₹60,793 Cr | 8.50 | 28.7% | 0.00 | +8.0% | -17.7% |
| 17 | Jindal Stainless LimitedJSL · Steel - Large | ₹685.85 | -0.43% | ₹56,511 Cr | 16.98 | 15.7% | 0.36 | +6.0% | -9.1% |
| 18 | Tube Investments of India LimitedTIINDIA · Steel - Large | ₹2,300.00 | +2.20% | ₹44,522 Cr | 36.27 | 15.1% | 0.11 | +15.0% | -24.6% |
| 19 | Hindustan Copper LimitedHINDCOPPER · Mining / Minerals / Metals | ₹427.35 | +0.97% | ₹41,326 Cr | 36.36 | 34.0% | 0.03 | +22.0% | -24.9% |
| 20 | PTC Industries LimitedPTCIL · Castings & Forgings | ₹24,325.00 | -0.35% | ₹38,548 Cr | 307.57 | 8.3% | 0.17 | +40.0% | +44.9% |
Compare metal leaders
JSW Steel vs Tata SteelCoal India vs Hindustan ZincJSW Steel vs Steel AuthorityCoal India vs VedantaHindustan Zinc vs VedantaTata Steel vs Steel AuthorityHindalco Industries vs National AluminiumBharat Forge vs PTC IndustriesBharat Forge vs AIA EngineeringPTC Industries vs AIA EngineeringGrindwell Norton vs Carborundum UniversalRatnamani Metals vs Sarda Energy
Industries in this sector
Iron & Steel (59)Mining & Minerals (32)Castings & Forgings (24)Iron & Steel (15)Iron & Steel (11)Aluminium (9)Electrodes, Graphite & Refractories (7)Iron & Steel (5)Iron & Steel (4)Trading & Distribution (4)Bearings & Abrasives (3)Trading & Distribution (2)Copper, Zinc & Non-Ferrous Metals (2)Aluminium (2)Mining & Minerals (2)Electrodes, Graphite & Refractories (2)
