# Metals & Mining Sector
> Commodity supercycle debate persists but India's infrastructure push underpins domestic steel demand.

## Overview
Market Cap: ₹24,21,967 Cr
Avg P/E: 42.6
Avg ROE: 11.6%
Avg ROCE: 8.7%
1Y Return: +15.08%
Companies: 301

## Data Freshness
Sector Updated: 2026-05-25T04:45:21.125Z
Updated By: daily market-close sync and live stock-data refresh

## Companies
- JSW Steel Ltd (JSWSTEEL): ₹1285.5 | PE 14.01 | MCap ₹3,12,023 Cr
- Hindustan Zinc Ltd (HINDZINC): ₹632.25 | PE 22.82 | MCap ₹2,69,343 Cr
- Tata Steel Ltd (TATASTEEL): ₹209.19 | PE 28.51 | MCap ₹2,61,023 Cr
- Hindalco Industries Ltd (HINDALCO): ₹1109.2 | PE 13.37 | MCap ₹2,38,745 Cr
- Vedanta Ltd (VEDL): ₹329.95 | PE 18.45 | MCap ₹1,29,288 Cr
- Jindal Steel Ltd (JINDALSTEL): ₹1209.9 | PE 37.18 | MCap ₹1,25,324 Cr
- Lloyds Metals and Energy Ltd (LLOYDSME): ₹1737.3 | PE 25.91 | MCap ₹97,564 Cr
- NMDC Ltd (NMDC): ₹87.85 | PE 11.65 | MCap ₹80,375 Cr
- Steel Authority of India Ltd (SAIL): ₹201.21 | PE 31.07 | MCap ₹79,451 Cr
- National Aluminium Company Ltd (NATIONALUM): ₹409.25 | PE 12.06 | MCap ₹74,126 Cr
- Jindal Stainless Ltd (JSL): ₹736.65 | PE 19.01 | MCap ₹60,585 Cr
- Hindustan Copper Ltd (HINDCOPPER): ₹545.75 | PE 86 | MCap ₹56,885 Cr
- APL Apollo Tubes Ltd (APLAPOLLO): ₹1880.5 | PE 43.66 | MCap ₹52,495 Cr
- Welspun Corp Ltd (WELCORP): ₹1277.5 | PE 17.5 | MCap ₹34,002 Cr
- Shyam Metalics and Energy Ltd (SHYAMMETL): ₹947.8 | PE 23.38 | MCap ₹24,715 Cr
- PTC Industries Ltd (PTCIL): ₹15882 | PE 372.14 | MCap ₹24,354 Cr
- KIOCL Ltd (KIOCL): ₹384.3 | PE 0 | MCap ₹23,143 Cr
- Sarda Energy & Minerals Ltd-$ (SARDAEN): ₹568.35 | PE 17.91 | MCap ₹18,903 Cr
- Godawari Power and Ispat Ltd (GPIL): ₹291.4 | PE 24.12 | MCap ₹18,427 Cr
- Bharat Coking Coal Ltd (BHARATCOAL): ₹36.15 | PE 131.75 | MCap ₹17,860 Cr
- Ratnamani Metals & Tubes Ltd-$ (RATNAMANI): ₹2564.1 | PE 29.74 | MCap ₹17,406 Cr
- Gallantt Ispat Ltd (GALLANTT): ₹690 | PE 34.35 | MCap ₹16,611 Cr
- Central Mine Planning & Design Institute Ltd (CMPDI): ₹234.17 | PE 27.1 | MCap ₹16,600 Cr
- Jain Resource Recycling Ltd (JAINREC): ₹384.85 | PE 46.69 | MCap ₹16,143 Cr
- Usha Martin Ltd (USHAMART): ₹465.7 | PE 32.75 | MCap ₹14,284 Cr
- Jindal Saw Ltd (JINDALSAW): ₹220 | PE 14.49 | MCap ₹14,075 Cr
- International Gemological Institute Ltd (IGIL): ₹372.95 | PE 26.42 | MCap ₹13,540 Cr
- Happy Forgings Ltd (HAPPYFORGE): ₹1378.5 | PE 45.43 | MCap ₹12,957 Cr
- NMDC Steel Ltd (NSLNISP): ₹44.16 | PE 0 | MCap ₹12,470 Cr
- Gravita India Ltd (GRAVITA): ₹1639.7 | PE 31.26 | MCap ₹11,838 Cr
- Sandur Manganese & Iron Ores Ltd (SANDUMA): ₹225.66 | PE 16.33 | MCap ₹10,713 Cr
- Lloyds Enterprises Ltd (LLOYDSENT): ₹67.84 | PE 22.41 | MCap ₹10,535 Cr
- Ramkrishna Forgings Ltd (RKFORGE): ₹555.05 | PE 142.63 | MCap ₹10,249 Cr
- Jayaswal Neco Industries Ltd (JAYNECOIND): ₹103.16 | PE 21.97 | MCap ₹10,175 Cr
- Maharashtra Seamless Ltd (MAHSEAMLES): ₹635.35 | PE 10.15 | MCap ₹8,530 Cr
- Rhi Magnesita India Ltd (RHIM): ₹394.25 | PE 45.82 | MCap ₹7,864 Cr
- Indian Metals & Ferro Alloys Ltd (IMFA): ₹1433.2 | PE 21.27 | MCap ₹7,827 Cr
- Mishra Dhatu Nigam Ltd (MIDHANI): ₹413.2 | PE 67.65 | MCap ₹7,452 Cr
- Jai Balaji Industries Ltd (JAIBALAJI): ₹72.03 | PE 40.03 | MCap ₹7,377 Cr
- Kirloskar Ferrous Industries Ltd (KIRLFER): ₹435.55 | PE 19.67 | MCap ₹7,027 Cr
- Sunflag Iron & Steel Company Ltd (SUNFLAG): ₹377.25 | PE 30.3 | MCap ₹6,406 Cr
- Moil Ltd (MOIL): ₹303.45 | PE 21.09 | MCap ₹6,123 Cr
- Ashapura Minechem Ltd (ASHAPURMIN): ₹675.35 | PE 16.19 | MCap ₹6,117 Cr
- Balu Forge Industries Ltd (BALUFORGE): ₹475.75 | PE 20.98 | MCap ₹5,663 Cr
- Surya Roshni Ltd (SURYAROSNI): ₹245.75 | PE 16.37 | MCap ₹5,200 Cr
- Aeroflex Industries Ltd (AEROFLEX): ₹403.05 | PE 86.6 | MCap ₹4,882 Cr
- Bansal Wire Industries Ltd (BANSALWIRE): ₹317.15 | PE 29.38 | MCap ₹4,724 Cr
- MBAPL (MBAPL): ₹531.05 | PE 44.91 | MCap ₹4,691 Cr
- Goodluck India Ltd (GOODLUCK): ₹1435.7 | PE 26.3 | MCap ₹4,460 Cr
- Man Industries (India) Ltd-$ (MANINDS): ₹571.2 | PE 21 | MCap ₹4,155 Cr
- KRISHANA (KRISHANA): ₹666.7 | PE 22.97 | MCap ₹4,140 Cr
- Rolex Rings Ltd (ROLEXRINGS): ₹143.44 | PE 19.84 | MCap ₹3,896 Cr
- Kalyani Steels Ltd (KSL): ₹828.6 | PE 13.18 | MCap ₹3,513 Cr
- Shivalik Bimetal Controls Ltd (SBCL): ₹677.95 | PE 37.69 | MCap ₹3,433 Cr
- Pitti Engineering Ltd-$ (PITTIENG): ₹942.1 | PE 26.31 | MCap ₹3,396 Cr
- Dee Development Engineers Ltd (DEEDEV): ₹523.8 | PE 40.1 | MCap ₹3,299 Cr
- Kirloskar Industries Ltd (KIRLOSIND): ₹3098.6 | PE 19.79 | MCap ₹3,213 Cr
- Sambhv Steel Tubes Ltd (SAMBHV): ₹106.51 | PE 38.14 | MCap ₹3,147 Cr
- Sundaram-Clayton Ltd (SUNCLAY): ₹1338.3 | PE 0 | MCap ₹3,143 Cr
- Welspun Specialty Solutions Ltd (WELSPLSOL): ₹43.06 | PE 1.25 | MCap ₹2,816 Cr
- Maithan Alloys Ltd (MAITHANALL): ₹943.95 | PE 6.34 | MCap ₹2,809 Cr
- Venus Pipes & Tubes Ltd (VENUSPIPES): ₹1400.7 | PE 27.71 | MCap ₹2,800 Cr
- Steelcast Ltd (STEELCAS): ₹288.15 | PE 30.86 | MCap ₹2,795 Cr
- JTL Industries Ltd (JTLIND): ₹70.31 | PE 33.68 | MCap ₹2,687 Cr
- Vardhman Special Steels Ltd (VSSL): ₹272.55 | PE 21.13 | MCap ₹2,680 Cr
- Prakash Industries Ltd (PRAKASH): ₹143.59 | PE 7.93 | MCap ₹2,620 Cr
- John Cockerill India Ltd-$ (COCKERILL): ₹6181.5 | PE 250.05 | MCap ₹2,611 Cr
- Orissa Minerals Development Company Ltd (ORISSAMINE): ₹4058.7 | PE 0 | MCap ₹2,447 Cr
- Deccan Gold Mines Ltd (DECNGOLD): ₹142.87 | PE 0 | MCap ₹2,438 Cr
- MSP Steel & Power Ltd (MSPL): ₹42.22 | PE 0 | MCap ₹2,300 Cr
- MM Forgings Ltd-$ (MMFL): ₹454.4 | PE 24.87 | MCap ₹2,155 Cr
- Rhetan TMT Ltd (RHETAN): ₹29.08 | PE 205.38 | MCap ₹2,128 Cr
- KP Green Engineering Ltd (KPGEL): ₹420.35 | PE 20.16 | MCap ₹2,102 Cr
- Rajratan Global Wire Ltd (RAJRATAN): ₹411.15 | PE 29.93 | MCap ₹2,099 Cr
- Mukand Ltd (MUKANDLTD): ₹139.4 | PE 31.44 | MCap ₹2,040 Cr
- Belding India Ltd (BELDING): ₹1356 | PE 0 | MCap ₹2,000 Cr
- Frontier Springs Ltd (FRONTSP): ₹1590.2 | PE 32.16 | MCap ₹1,858 Cr
- Amic Forging Ltd (AMIC): ₹1596.1 | PE 98.04 | MCap ₹1,843 Cr
- Hi-Tech Pipes Ltd (HITECH): ₹85.19 | PE 22.09 | MCap ₹1,717 Cr
- Bharat Wire Ropes Ltd (BHARATWIRE): ₹219.14 | PE 20.5 | MCap ₹1,570 Cr
- J.G.Chemicals Ltd (JGCHEM): ₹392.7 | PE 24.39 | MCap ₹1,541 Cr
- Arfin India Ltd (ARFIN): ₹94.65 | PE 168.48 | MCap ₹1,535 Cr
- Neueon Corporation Ltd (NEUEON): ₹25.54 | PE 0 | MCap ₹1,519 Cr
- Mahamaya Steel Industries Ltd (MAHASTEEL): ₹843.4 | PE 126.58 | MCap ₹1,379 Cr
- Steel Exchange India Ltd (STEELXIND): ₹10.39 | PE 64.69 | MCap ₹1,320 Cr
- Nelcast Ltd (NELCAST): ₹136.38 | PE 26.62 | MCap ₹1,244 Cr
- Salasar Techno Engineering Ltd (SALASAR): ₹6.96 | PE 70.6 | MCap ₹1,234 Cr
- Ratnaveer Precision Engineering Ltd (RATNAVEER): ₹182.49 | PE 16.37 | MCap ₹1,206 Cr
- BMW Industries Ltd (BMW): ₹52.99 | PE 14.76 | MCap ₹1,193 Cr
- Rajputana Stainless Ltd (RSL): ₹130.97 | PE 29.1 | MCap ₹1,159 Cr
- Aeroflex Enterprises Ltd-$ (AEROENTER): ₹99.02 | PE 14.38 | MCap ₹1,133 Cr
- Alicon Castalloy Ltd (ALICON): ₹655.2 | PE 30.03 | MCap ₹1,076 Cr
- Gandhi Special Tubes Ltd-$ (GANDHITUBE): ₹936.3 | PE 14.88 | MCap ₹1,056 Cr
- MWL (MWL): ₹369.45 | PE 24.94 | MCap ₹1,055 Cr
- Manaksia Coated Metals & Industries Ltd (MANAKCOAT): ₹100.71 | PE 22.6 | MCap ₹1,033 Cr
- Bhagyanagar India Ltd (BHAGYANGR): ₹274.55 | PE 28.01 | MCap ₹1,015 Cr
- Hariom Pipe Industries Ltd (HARIOMPIPE): ₹344.35 | PE 15.15 | MCap ₹953 Cr
- S.A.L. Steel Ltd (SALSTEEL): ₹58.31 | PE 0 | MCap ₹895 Cr
- Electrotherm (India) Ltd (ELECTHERM): ₹773.85 | PE 5.7 | MCap ₹891 Cr
- Sobhagya Mercantile Ltd (SOBME): ₹888.8 | PE 90.08 | MCap ₹873 Cr
- India Homes Ltd (INDIAHOMES): ₹21.2 | PE 0 | MCap ₹856 Cr
- Synergy Green Industries Ltd (SGIL): ₹505.8 | PE 104.49 | MCap ₹855 Cr
- Rama Steel Tubes Ltd (RAMASTEEL): ₹5.22 | PE 57.44 | MCap ₹846 Cr
- Scoda Tubes Ltd (SCODATUBES): ₹136.5 | PE 46 | MCap ₹841 Cr
- Beekay Steel Industries Ltd (BEEKAY): ₹380.75 | PE 13.42 | MCap ₹822 Cr
- Maan Aluminium Ltd (MAANALU): ₹143.59 | PE 48.3 | MCap ₹820 Cr
- Kamdhenu Ltd (KAMDHENU): ₹24.72 | PE 8.94 | MCap ₹701 Cr
- Visa Steel Ltd (VISASTEEL): ₹47.92 | PE 0 | MCap ₹700 Cr
- MMP (MMP): ₹287.33 | PE 29.22 | MCap ₹697 Cr
- Pradeep Metals Ltd (PRADPME): ₹393.65 | PE 24.09 | MCap ₹654 Cr
- Uni Abex Alloy Products Ltd (UNIABEXAL): ₹3355 | PE 18.31 | MCap ₹639 Cr
- Investment & Precision Castings Ltd (INVPRECQ): ₹623 | PE 62.11 | MCap ₹614 Cr
- 20 Microns Ltd (20MICRONS): ₹177 | PE 9.52 | MCap ₹614 Cr
- Panchmahal Steel Ltd (PANCHMAHQ): ₹323 | PE 0 | MCap ₹611 Cr
- Azad India Mobility Ltd (AZADIND): ₹108 | PE 382.14 | MCap ₹583 Cr
- Satani Bearings Ltd (SATANIBRG): ₹280 | PE 0 | MCap ₹558 Cr
- BMW Ventures Ltd (BMWVENTLTD): ₹60.8 | PE 14.8 | MCap ₹538 Cr
- Mardia Samyoung Capillary Tubes Company Ltd (MSCTC): ₹70.44 | PE 11.75 | MCap ₹528 Cr
- Nile Ltd (NILE): ₹1838 | PE 10 | MCap ₹503 Cr
- Magna Electro Castings Ltd-$ (MAGNAELQ): ₹1122.5 | PE 24.21 | MCap ₹499 Cr
- Systematic Industries Ltd (SYSTEMATIC): ₹214.4 | PE 25.89 | MCap ₹479 Cr
- Shah Metacorp Ltd (SHAH): ₹5.06 | PE 51.9 | MCap ₹459 Cr
- Sealmatic India Ltd (SEALMATIC): ₹415.5 | PE 29.24 | MCap ₹451 Cr
- SHIVAUM (SHIVAUM): ₹331.55 | PE 87.6 | MCap ₹442 Cr
- Suraj Ltd-$ (SURAJLTD): ₹231.01 | PE 0 | MCap ₹432 Cr
- GEE Ltd (GEE): ₹78 | PE 0 | MCap ₹431 Cr
- Vraj Iron And Steel Ltd (VRAJ): ₹123.41 | PE 12.53 | MCap ₹412 Cr
- Manaksia Steels Ltd (MANAKSTEEL): ₹65.64 | PE 16.18 | MCap ₹409 Cr
- HRS Aluglaze Ltd (HRS): ₹210.5 | PE 78.84 | MCap ₹406 Cr
- Manaksia Ltd (MANAKSIA): ₹57.87 | PE 7.71 | MCap ₹401 Cr
- Captain Technocast Ltd (CTCL): ₹167 | PE 32.81 | MCap ₹388 Cr
- Bedmutha Industries Ltd (BEDMUTHA): ₹108.74 | PE 0 | MCap ₹375 Cr
- Simplex Castings Ltd (SIMPLEXCAS): ₹435 | PE 17.79 | MCap ₹371 Cr
- GTV Engineering Ltd (GTV): ₹73.96 | PE 23.37 | MCap ₹357 Cr
- Aerpace Industries Ltd (AERPACE): ₹22.46 | PE 0 | MCap ₹346 Cr
- JTL Defence Ltd (JTLDEFENCE): ₹343.15 | PE 0 | MCap ₹344 Cr
- Riddhi Steel and Tube Ltd (RSTL): ₹260 | PE 31.36 | MCap ₹323 Cr
- Msafe Equipments Ltd (MSAFE): ₹151.65 | PE 23.77 | MCap ₹309 Cr
- Nitin Castings Ltd (NITINCAST): ₹549.9 | PE 25.26 | MCap ₹288 Cr
- D.P. Wires Ltd (DPWIRES): ₹171.54 | PE 22.51 | MCap ₹276 Cr
- Suraj Products Ltd (SURAJ): ₹208 | PE 16 | MCap ₹258 Cr
- Supershakti Metaliks Ltd (SUPERSHAKT): ₹220.1 | PE 14.35 | MCap ₹254 Cr
- VMS TMT Ltd (VMSTMT): ₹47.77 | PE 10.73 | MCap ₹241 Cr
- Ahmedabad Steelcraft Ltd (AHMDSTE): ₹163.95 | PE 13.18 | MCap ₹238 Cr
- Remi Edelstahl Tubulars Ltd (REMIEDEL): ₹184 | PE 113.93 | MCap ₹236 Cr
- Vibhor Steel Tubes Ltd (VSTL): ₹120.24 | PE 22.03 | MCap ₹235 Cr
- Scan Steels Ltd (SCANSTL): ₹38.87 | PE 11.45 | MCap ₹224 Cr
- Indian Link Chain Manufacturers Ltd (INLCM): ₹896.25 | PE 0 | MCap ₹224 Cr
- Manaksia Aluminium Company Ltd (MANAKALUCO): ₹33.57 | PE 35.48 | MCap ₹223 Cr
- ASI Industries Ltd (ASIIL): ₹25 | PE 8.58 | MCap ₹223 Cr
- VR Woodart Ltd (VRWODAR): ₹158 | PE 131.54 | MCap ₹223 Cr
- Nilachal Carbo Metalicks Ltd (NCML): ₹87 | PE 13.77 | MCap ₹217 Cr
- Sicagen India Ltd (SICAGEN): ₹52.59 | PE 12.06 | MCap ₹212 Cr
- Cochin Minerals & Rutiles Ltd-$ (COCHINM): ₹259 | PE 13.99 | MCap ₹206 Cr
- Rudra Global Infra Products Ltd (RUDRA): ₹19.45 | PE 15.27 | MCap ₹205 Cr
- SIKKO (SIKKO): ₹4.37 | PE 28.25 | MCap ₹197 Cr
- Stratmont Industries Ltd (STRATMONT): ₹70.95 | PE 69.19 | MCap ₹189 Cr
- Emergent Industrial Solutions Ltd (EMERGENT): ₹391.1 | PE 0 | MCap ₹188 Cr
- Tamboli Industries Ltd (TAMBOLIIN): ₹165.34 | PE 21.98 | MCap ₹181 Cr
- Vaswani Industries Ltd (VASWANI): ₹53.89 | PE 202.41 | MCap ₹180 Cr
- Kamdhenu Ventures Ltd (KAMOPAINTS): ₹5.25 | PE 5.53 | MCap ₹180 Cr
- Baroda Extrusion Ltd (BAROEXT): ₹9.13 | PE 6.11 | MCap ₹178 Cr
- MCL (MCL): ₹61.66 | PE 38.07 | MCap ₹176 Cr
- Kanishk Steel Industries Ltd (KANSHST): ₹59.99 | PE 76.9 | MCap ₹173 Cr
- Karbonsteel Engineering Ltd (KARBON): ₹122.05 | PE 10.97 | MCap ₹173 Cr
- LGB Forge Ltd (LGBFORGE): ₹7.21 | PE 0 | MCap ₹172 Cr
- Rathi Steel & Power Ltd-$ (RATHIST): ₹18.45 | PE 18.65 | MCap ₹171 Cr
- Incredible Industries Ltd (INCREDIBLE): ₹35.24 | PE 12.59 | MCap ₹163 Cr
- KRITIKA (KRITIKA): ₹6.02 | PE 21.03 | MCap ₹162 Cr
- Bhagwati Autocast Ltd (BGWTATO): ₹562.25 | PE 12.75 | MCap ₹161 Cr
- Century Extrusions Ltd (CENTEXT): ₹20.13 | PE 15.52 | MCap ₹159 Cr
- DCM Ltd (DCM): ₹82.58 | PE 6.03 | MCap ₹158 Cr
- Amba Enterprises Ltd (AEL): ₹126.7 | PE 19.99 | MCap ₹158 Cr
- Shri Bajrang Alliance Ltd (SHBAJRG): ₹165.61 | PE 4.3 | MCap ₹156 Cr
- Gujarat Intrux Ltd-$ (GUJINTRX): ₹423 | PE 13.72 | MCap ₹149 Cr
- Galaxy Bearings Ltd (GALXBRG): ₹445 | PE 43.67 | MCap ₹145 Cr
- Cubex Tubings Ltd (CUBEXTUB): ₹90.69 | PE 17.33 | MCap ₹145 Cr
- Krishanveer Forge Ltd (KVFORGE): ₹123.6 | PE 19.83 | MCap ₹140 Cr
- Shah Alloys Ltd (SHAHALLOYS): ₹72.78 | PE 3.24 | MCap ₹135 Cr
- WIPL (WIPL): ₹142.87 | PE 59.45 | MCap ₹130 Cr
- Sharvaya Metals Ltd (SHARVAYA): ₹124.35 | PE 7.01 | MCap ₹125 Cr
- Rishi Laser Ltd (RISHILASE): ₹123 | PE 14.41 | MCap ₹124 Cr
- KIC Metaliks Ltd (KAJARIR): ₹34 | PE 0 | MCap ₹122 Cr
- M P K Steels (I) Ltd (MPKSTEELS): ₹119.45 | PE 20.08 | MCap ₹122 Cr
- Bihar Sponge Iron Ltd (BIHSPONG): ₹13.52 | PE 9.07 | MCap ₹122 Cr
- Ashnisha Industries Ltd (ASHNI): ₹4.57 | PE 228.5 | MCap ₹121 Cr
- Mauria Udyog Ltd (MUL): ₹10 | PE 4.56 | MCap ₹120 Cr
- La Tim Metal & Industries Ltd (LATIMMETAL): ₹8.92 | PE 0 | MCap ₹118 Cr
- Super Iron Foundry Ltd (SUPERIRON): ₹48 | PE 27.59 | MCap ₹112 Cr
- Hilton Metal Forging Ltd (HILTON): ₹21.74 | PE 8.38 | MCap ₹111 Cr
- Maiden Forgings Ltd (MAIDEN): ₹77.83 | PE 26.93 | MCap ₹111 Cr
- OSWALSEEDS (OSWALSEEDS): ₹11.97 | PE 30.92 | MCap ₹110 Cr
- Steelco Gujarat Ltd (STEELCO): ₹126.5 | PE 0 | MCap ₹109 Cr
- Shyam Century Ferrous Ltd (SHYAMCENT): ₹4.88 | PE 0 | MCap ₹109 Cr
- RAJMET (RAJMET): ₹3.92 | PE 0 | MCap ₹109 Cr
- Indsil Hydro Power and Manganese Ltd-$ (INDSILHYD): ₹40.23 | PE 0 | MCap ₹108 Cr
- Rapicut Carbides Ltd (RAPICUT): ₹197.85 | PE 58.13 | MCap ₹107 Cr
- Goyal Aluminiums Ltd (GOYALALUM): ₹6.71 | PE 38.33 | MCap ₹98 Cr
- Narmadesh Brass Industries Ltd (NARMADESH): ₹309.6 | PE 16.78 | MCap ₹96 Cr
- Sarthak Metals Ltd (SMLT): ₹77.38 | PE 25.29 | MCap ₹96 Cr
- Tayo Rolls Ltd-$ (TATAYODOGA): ₹89.4 | PE 0 | MCap ₹92 Cr
- Siyaram Recycling Industries Ltd (SIYARAM): ₹38.22 | PE 9.53 | MCap ₹83 Cr
- Hisar Metal Industries Ltd-$ (HISARMETAL): ₹152.43 | PE 27.48 | MCap ₹82 Cr
- Sharda Ispat Ltd (SHRDAIS): ₹147 | PE 28.23 | MCap ₹81 Cr
- G G Engineering Ltd (GGENG): ₹0.51 | PE 12.75 | MCap ₹81 Cr
- Bonlon Industries Ltd (BONLON): ₹44.04 | PE 33.17 | MCap ₹79 Cr
- Chrome Silicon Ltd-$ (CHROME): ₹53.5 | PE 0 | MCap ₹78 Cr
- Prakash Steelage Ltd (PRAKASHSTL): ₹4.36 | PE 73 | MCap ₹77 Cr
- Creative Castings Ltd (CREATIVE): ₹532.1 | PE 17.3 | MCap ₹76 Cr
- Hind Aluminium Industries Ltd-$ (HINDALUMI): ₹108.95 | PE 7.26 | MCap ₹69 Cr
- Garg Furnace Ltd (GARGFUR): ₹133.5 | PE 6.94 | MCap ₹66 Cr
- Tulsyan NEC Ltd-$ (TULSYAN): ₹36.5 | PE 0 | MCap ₹66 Cr
- Alliance Integrated Metaliks Ltd (AIML): ₹1.64 | PE 0 | MCap ₹65 Cr
- Rajasthan Tube Manufacturing Company Ltd (RAJTUBE): ₹12.94 | PE 7.43 | MCap ₹63 Cr
- AGROPHOS (AGROPHOS): ₹30.01 | PE 12.29 | MCap ₹62 Cr
- Kasturi Metal Composite Ltd (KASTURI): ₹60 | PE 30.46 | MCap ₹62 Cr
- Facor Alloys Ltd (FACORALL): ₹2.86 | PE 0 | MCap ₹56 Cr
- Palco Metals Ltd (PALCO): ₹150 | PE 0 | MCap ₹56 Cr
- Misquita Engineering Ltd (MISQUITA): ₹120 | PE 666.67 | MCap ₹56 Cr
- Arman Holdings Ltd (ARMAN): ₹109.25 | PE 99.53 | MCap ₹55 Cr
- Dhatre Udyog Ltd (DHATRE): ₹4.95 | PE 0 | MCap ₹54 Cr
- PVV Infra Ltd (PVVINFRA): ₹4.6 | PE 20.91 | MCap ₹53 Cr
- Shayona Engineering Ltd (SHAYONAENG): ₹134.3 | PE 21.59 | MCap ₹52 Cr
- Kanishk Aluminium India Ltd (KANISHK): ₹36.44 | PE 16.12 | MCap ₹49 Cr
- Sampat Aluminium Ltd (SAMPAT): ₹53.31 | PE 5.64 | MCap ₹45 Cr
- Welcast Steels Ltd (ZWELCAST): ₹702 | PE 0 | MCap ₹45 Cr
- Umiya Tubes Ltd (UMIYA): ₹35.95 | PE 31.69 | MCap ₹44 Cr
- Nova Iron & Steel Ltd (NOVIS): ₹12.12 | PE 0.29 | MCap ₹43 Cr
- Metal Coatings India Ltd (METALCO): ₹59 | PE 12 | MCap ₹43 Cr
- Sudal Industries Ltd (SUDAI): ₹49.02 | PE 23.88 | MCap ₹43 Cr
- Swastika Castal Ltd (SWASTIKAAL): ₹50.88 | PE 11.64 | MCap ₹42 Cr
- Rathi Bars Ltd (RATHIBAR): ₹25.07 | PE 15.57 | MCap ₹41 Cr
- Ashoka Metcast Ltd (ASHOKAMET): ₹15.94 | PE 2.63 | MCap ₹40 Cr
- SAGARDEEP (SAGARDEEP): ₹23.67 | PE 20.11 | MCap ₹40 Cr
- Iykot Hitech Toolroom Ltd (IYKOTHITE): ₹19.16 | PE 0 | MCap ₹39 Cr
- Nirav Commercials Ltd (NIRAVCOM): ₹891 | PE 2173.17 | MCap ₹35 Cr
- Grand Foundry Ltd (GFSTEELS): ₹12.97 | PE 0 | MCap ₹35 Cr
- Amit Securities Ltd (AMITSEC): ₹49.86 | PE 28.13 | MCap ₹35 Cr
- Sparkle Gold Rock Ltd (SPARKLEGR): ₹75.1 | PE 33.05 | MCap ₹35 Cr
- Chennai Ferrous Industries Ltd (CHENFERRO): ₹95.88 | PE 21.54 | MCap ₹34 Cr
- Mittal Sections Ltd (MITTALSTL): ₹29.6 | PE 9.49 | MCap ₹34 Cr
- Hawa Engineers Ltd (HAWAENG): ₹83.66 | PE 14.63 | MCap ₹32 Cr
- National General Industries Ltd (NATGENI): ₹58.43 | PE 0 | MCap ₹32 Cr
- MSR India Ltd (MSRINDIA): ₹4.98 | PE 166 | MCap ₹31 Cr
- Ashirwad Steels & Industries Ltd (ASHSI): ₹24.99 | PE 13.68 | MCap ₹31 Cr
- Carnation Industries Ltd (CARNATIN): ₹84.95 | PE 0 | MCap ₹31 Cr
- AA Plus Tradelink Ltd (AAPLUSTRAD): ₹1.25 | PE 5.43 | MCap ₹30 Cr
- El Forge Ltd-$ (ELFORGE): ₹15 | PE 17.43 | MCap ₹30 Cr
- Sprayking Ltd (SPRAYKING): ₹1.36 | PE 0.41 | MCap ₹29 Cr
- Kridhan Infra Ltd (KRIDHANINF): ₹3.19 | PE 4.22 | MCap ₹29 Cr
- Unison Metals Ltd (UNISON): ₹0.92 | PE 2.75 | MCap ₹29 Cr
- Lesha Industries Ltd (LESHAIND): ₹0.94 | PE 47 | MCap ₹27 Cr
- RR MetalMakers India Ltd (RRMETAL): ₹29 | PE 0 | MCap ₹27 Cr
- Standard Batteries Ltd (STDBAT): ₹51.8 | PE 0 | MCap ₹26 Cr
- Southern Magnesium & Chemicals Ltd (SOUTHMG): ₹84.01 | PE 0 | MCap ₹25 Cr
- Ankit Metal & Power Ltd (ANKITMETAL): ₹1.57 | PE 0 | MCap ₹24 Cr
- Earthstahl & Alloys Ltd (EARTH): ₹19 | PE 0 | MCap ₹23 Cr
- Bloom Industries Ltd (BLOIN): ₹34.1 | PE 43.95 | MCap ₹23 Cr
- Krupalu Metals Ltd (KRUPALU): ₹37.11 | PE 47.58 | MCap ₹22 Cr
- Shree Metalloys Ltd (SHREMETAL): ₹41 | PE 15.64 | MCap ₹22 Cr
- Poojawestern Metaliks Ltd (POOJA): ₹22.1 | PE 10.09 | MCap ₹22 Cr
- O. P. Chains Ltd (OPCHAINS): ₹29.75 | PE 8.59 | MCap ₹21 Cr
- Mukat Pipes Ltd-$ (MUKATPIP): ₹18.9 | PE 0 | MCap ₹21 Cr
- Crimson Metal Engineering Company Ltd (CRIMSON): ₹48.28 | PE 193.12 | MCap ₹21 Cr
- ND Metal Industries Ltd (NDMETAL): ₹79.8 | PE 109.32 | MCap ₹20 Cr
- Rishabh Digha Steel & Allied Products Ltd-$ (RISHDIGA): ₹32.99 | PE 18.09 | MCap ₹20 Cr
- BOHRAIND (BOHRAIND): ₹19.2 | PE 0 | MCap ₹20 Cr
- Glaam Up Jwel Ltd (GLAAMUP): ₹16.45 | PE 822.5 | MCap ₹16 Cr
- Om Metallogic Ltd (OML): ₹20 | PE 3.82 | MCap ₹16 Cr
- TAI Industries Ltd-$ (TAIIND): ₹26.69 | PE 320.63 | MCap ₹15 Cr
- Ashiana Ispat Ltd (ASHIS): ₹18.33 | PE 0 | MCap ₹15 Cr
- Impex Ferro Tech Ltd (IMPEXFERRO): ₹1.76 | PE 0 | MCap ₹15 Cr
- Adishakti Loha and Ispat Ltd (ADISHAKTI): ₹11.3 | PE 10.66 | MCap ₹14 Cr
- Dolphin Kitchen Utensils and Appliances Ltd (DKUAL): ₹10.9 | PE 3.91 | MCap ₹14 Cr
- Bothra Metals & Alloys Ltd (BMAL): ₹7.3 | PE 146 | MCap ₹14 Cr
- Reetech International Ltd (REETECH): ₹31.14 | PE 0 | MCap ₹13 Cr
- P.M. Telelinnks Ltd (PMTELELIN): ₹12.81 | PE 0 | MCap ₹13 Cr
- Amforge Industries Ltd (AMFORG): ₹8.1 | PE 30.26 | MCap ₹12 Cr
- Rajdarshan Industries Ltd (ARENTERP): ₹38.32 | PE 0 | MCap ₹12 Cr
- Monind Ltd (MONIND): ₹30.23 | PE 0 | MCap ₹11 Cr
- Aanchal Ispat Ltd (AANCHALISP): ₹41.71 | PE 5.57 | MCap ₹11 Cr
- Sharanam Infraproject and Trading Ltd (SIPTL): ₹0.19 | PE 0.68 | MCap ₹11 Cr
- Tamilnadu Steel Tubes Ltd (TNSTLTU): ₹20.7 | PE 247.5 | MCap ₹10 Cr
- SRU Steels Ltd (SRUSTEELS): ₹1.52 | PE 4.61 | MCap ₹9 Cr
- Eastcoast Steel Ltd (ECSTSTL): ₹17 | PE 23.29 | MCap ₹9 Cr
- Harig Crankshafts Ltd (HARCR): ₹7.5 | PE 0 | MCap ₹8 Cr
- Gopal Iron & Steels Company Gujarat Ltd (GOPAIST): ₹16.95 | PE 0 | MCap ₹8 Cr
- Galada Power & Telecommunication Ltd (GALADA): ₹7.58 | PE 0.53 | MCap ₹7 Cr
- Shree Steel Wire Ropes Ltd (SSWRL): ₹21.69 | PE 0 | MCap ₹7 Cr
- MFS Intercorp Ltd (MFSINTRCRP): ₹17.21 | PE 0 | MCap ₹7 Cr
- Worldwide Aluminium Ltd (WWALUM): ₹18.79 | PE 100.89 | MCap ₹6 Cr
- Aditya Ispat Ltd (ADITYA): ₹10.45 | PE 0 | MCap ₹6 Cr
- Delta Industrial Resources Ltd (DELTA): ₹12.5 | PE 0 | MCap ₹6 Cr
- Amanaya Ventures Ltd (AMANAYA): ₹17.3 | PE 33.27 | MCap ₹6 Cr
- Foundry Fuel Products Ltd (FFPL): ₹5.76 | PE 0 | MCap ₹5 Cr
- Vallabh Steels Ltd-$ (VALLABHSQ): ₹10.85 | PE 0 | MCap ₹5 Cr
- Sturdy Industries Ltd (STURDY): ₹0.26 | PE 0 | MCap ₹4 Cr
- Mahalaxmi Seamless Ltd-$ (MAHALXSE): ₹7.6 | PE 12.9 | MCap ₹4 Cr
- Unitech International Ltd (UNITINT): ₹3.78 | PE 0 | MCap ₹4 Cr
- Heera Ispat Ltd (HEERAISP): ₹7.46 | PE 0 | MCap ₹4 Cr
- Western Ministil Ltd (WMINIMT): ₹0.54 | PE 0 | MCap ₹0 Cr

## Analysis
India is the world's second-largest steel producer at 140+ MTPA and aims for 300 MTPA by 2030. The sector is cyclical but supported by government infrastructure spending (₹11 lakh crore capex in FY25). China's production cuts and India's anti-dumping duties provide some margin protection. Aluminium benefits from EV-driven demand growth. Key metrics: EBITDA per tonne, capacity utilization, and net debt to EBITDA. Steel companies trade at 4-6x EV/EBITDA during mid-cycle, with significant operating leverage. Mining companies (NMDC, Coal India) offer high dividend yields and government ownership provides implicit backing. Environmental regulations are tightening, favoring integrated players with captive raw material sources.

---
Source: rupiya.io/sectors/metals-mining
Disclaimer: For research and education only. Not investment advice.