All sectors
Metals & Mining
India's metals sector is dominated by steel (Tata Steel, JSW Steel), aluminium (Hindalco, NALCO), and zinc (Hindustan Zinc, a Vedanta subsidiary). Metals are highly cyclical — profitability tracks global commodity prices, China's steel output, and domestic infrastructure demand. India's steel consumption is expected to nearly double to 200 MTPA by 2030, driven by construction, railways, and manufacturing capex.
Companies
4
Total Market Cap
₹8.75 L Cr
Median P/E
16.8
Median ROE
15.8%
Median Div Yld
1.30%
Top Company
JSW Steel Limited
Key Investment Themes
- ✓India's steel consumption doubling by 2030 on infra buildout
- ✓China's green steel regulations reducing exports — benefiting Indian prices
- ✓Aluminium demand boom from EVs and renewable energy infrastructure
- ✓Copper demand surge from EV charging infra and power cables
- ✓Scrap-based steel (EAF) growth as green steel mandate increases
Key Risks to Watch
- ⚠China dumping steel and aluminium at below-cost prices
- ⚠Global recession reducing industrial metals demand
- ⚠Coal and iron ore input cost spikes compressing margins
- ⚠Currency depreciation increasing imported raw material costs
Industry breakdown
Steel2 cos · ₹5.45 L Cr · 62.2%
Aluminium1 cos · ₹2.21 L Cr · 25.2%
Diversified1 cos · ₹1.10 L Cr · 12.6%
Top companies in Metals & Mining
4 companies| # | Company | 30D | Market cap | P/E | ROE % | Rev YoY | Profit YoY |
|---|---|---|---|---|---|---|---|
| 1 | JSW Steel Limited JSWSTEEL · Steel | ₹3.03 L Cr | 14.1 | 27.3% | +4.0% | +11.7% | |
| 2 | Tata Steel Limited TATASTEEL · Steel | ₹2.41 L Cr | 23.0 | 11.2% | +5.4% | +15.0% | |
| 3 | Hindalco Industries Limited HINDALCO · Aluminium | ₹2.21 L Cr | 16.8 | 10.3% | +20.6% | +57.8% | |
| 4 | Vedanta Limited VEDL · Diversified | ₹1.10 L Cr | 16.8 | 20.4% | -67.4% | -1.1% |
P/E, ROE, YoY growth shown when available. YoY growth requires 2+ years of annual financials (top 200 companies refreshed weekly).