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Best Metal Sector Stocks in India (2025)

India is a global leader in the mining and metals industry, ranking as the second-largest producer of aluminium, the third-largest producer of lime, and the fourth-largest producer of iron ore. This strong position underscores India’s significant role in the global supply chain for key metals, driving both domestic economic growth and international trade. Additionally, India's steel demand is set for strong growth, with consumption expected to rise by 9% in both 2025 and 2026.

Top Metal Stocks in 2025

Metals - Diversified Stock Screener

Metals - Diversified Stock Screener: Analyse & Filter Indian Stocks on Tickertape

Showing 1 - 20 of 29 results

last updated at 6:30 AM IST 
NameStocks (29)Sub-SectorSub-SectorMarket CapMarket CapClose PriceClose PricePE RatioPE Ratio1D Return1D Return1M Return1M Return6M Return6M Return1Y Return1Y ReturnPB RatioPB RatioReturn on EquityReturn on EquityROCEROCEDividend YieldDiv YieldDebt to EquityDebt to EquityVolatility vs NiftyVolatility vs Nifty
1.Vedanta LtdVEDLMetals - DiversifiedMetals - Diversified2,06,853.492,06,853.49529.65529.6513.8013.80-0.59-0.593.183.1821.2421.2413.0813.083.853.8531.2831.2829.1129.118.228.221.701.702.512.51
2.NLC India LtdNLCINDIAMetals - DiversifiedMetals - Diversified32,958.9732,958.97237.69237.6912.5712.57-0.91-0.91-7.95-7.95-0.13-0.13-9.91-9.911.501.5012.6912.699.829.821.261.261.021.022.942.94
3.Jain Resource Recycling LtdJAINRECMetals - DiversifiedMetals - Diversified12,963.1512,963.15375.65375.6557.7857.78-2.28-2.283.393.3918.1118.1118.1118.1117.8917.8939.7439.7452.9552.95--1.281.283.963.96
4.Ashapura Minechem LtdASHAPURMINMetals - DiversifiedMetals - Diversified6,515.846,515.84682.10682.1022.0322.03-2.37-2.373.173.1772.6072.6075.3075.305.335.3327.6527.6518.0318.030.290.290.950.954.194.19
5.Mishra Dhatu Nigam LtdMIDHANIMetals - DiversifiedMetals - Diversified5,938.685,938.68317.00317.0053.5853.581.341.34-20.00-20.00-24.89-24.89-16.56-16.564.204.208.118.118.408.400.470.470.250.253.543.54
6.Manaksia Coated Metals & Industries LtdMANAKCOATMetals - DiversifiedMetals - Diversified1,486.331,486.33140.44140.4496.5296.52-0.05-0.05-13.53-13.5324.7624.7663.4063.406.566.568.138.1317.3117.310.030.030.640.644.024.02
7.Permanent Magnets LtdPERMAGNMetals - DiversifiedMetals - Diversified730.87730.87850.00850.0046.4046.400.400.40-12.70-12.7025.4825.48-2.86-2.865.075.0711.5011.5014.3814.380.240.240.110.114.174.17
8.Owais Metal and Mineral Processing LtdOWAISMetals - DiversifiedMetals - Diversified563.38563.38309.85309.8511.9811.98-0.93-0.93-38.68-38.68-44.68-44.68-74.13-74.135.045.0452.2552.2547.0247.02--0.230.235.265.26
9.Orient Ceratech LtdORIENTCERMetals - DiversifiedMetals - Diversified547.11547.1145.7345.7355.1055.10-0.48-0.4824.2224.2226.8926.89-5.12-5.121.931.933.553.556.396.390.550.550.250.254.014.01
10.Nupur Recyclers LtdNRLMetals - DiversifiedMetals - Diversified412.76412.7659.7659.7628.5628.56-1.69-1.69-10.60-10.60-33.86-33.86-48.21-48.213.283.2813.2813.2817.6717.67--0.100.104.054.05
11.Manaksia LtdMANAKSIAMetals - DiversifiedMetals - Diversified393.93393.9360.1160.117.047.04-1.97-1.97-10.71-10.71-13.24-13.24-36.09-36.090.660.669.539.5315.8015.80--0.040.043.043.04
12.Jainam Ferro Alloys (I) LtdJAINAMMetals - DiversifiedMetals - Diversified322.06322.06275.00275.0032.2132.210.000.00-1.79-1.7921.5721.5782.1282.122.432.438.428.4211.4411.44--0.020.024.174.17
13.Shera Energy LtdSHERAMetals - DiversifiedMetals - Diversified305.49305.49125.00125.0017.1617.161.631.63-3.47-3.47-17.22-17.22-39.32-39.321.531.5310.8610.8621.3121.31--0.930.933.273.27
14.P S Raj Steels LtdPSRAJMetals - DiversifiedMetals - Diversified227.20227.20301.40301.4030.6230.62-0.10-0.106.996.99112.25112.25100.13100.133.503.5015.5515.5517.3317.33--0.070.074.374.37
15.Krishanveer Forge LtdKVFORGEMetals - DiversifiedMetals - Diversified151.13151.13138.50138.5026.7526.750.360.364.074.0750.7650.7618.9418.943.563.5613.8713.8717.1917.191.811.81--4.344.34
16.Riddhi Steel and Tube LtdRSTLMetals - DiversifiedMetals - Diversified140.02140.02168.90168.9018.4718.474.584.5843.1143.1165.5965.5925.8125.812.252.2512.7012.7020.5220.52--2.092.095.435.43
17.Samrat Forgings LtdSAMRATFORGMetals - DiversifiedMetals - Diversified130.05130.05260.10260.1025.5025.50-1.92-1.92-2.19-2.193.583.58-25.69-25.693.533.5314.9114.9115.2615.26--2.412.415.815.81
18.Innomet Advanced Materials LtdINNOMETMetals - DiversifiedMetals - Diversified129.28129.2899.9099.9069.5069.50-4.99-4.99-21.42-21.42-41.58-41.58-45.75-45.753.133.136.646.647.447.44--0.370.375.105.10
19.Maiden Forgings LtdMAIDENMetals - DiversifiedMetals - Diversified124.92124.9287.9087.9020.6520.651.581.581.561.5625.5725.578.388.381.631.638.218.2116.3516.35--0.910.913.583.58
20.Rajnandini Metal LtdRAJMETMetals - DiversifiedMetals - Diversified111.97111.974.054.05-51.60-51.600.250.25-10.22-10.22-32.39-32.39-59.66-59.661.991.99-3.84-3.8415.4415.44--0.790.792.942.94

Disclaimer: Please note that the above table is for informational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing. The data is derived from Tickertape Stock Screener and is subject to real-time updates.

Selection criteria: Sub-sector: Metals - Diversified | Market Cap: Sorted from Highest to Lowest

Budget and Policy Support for the Mining Sector in India

  1. Mines and Minerals (Development and Regulation) Amendment Act, 2021: This act allows captive mine owners (except for atomic minerals) to sell up to 50% of their annual mineral production, including coal, in the open market.
  2. National Critical Mineral Mission (2025): In January 2025, India launched the National Critical Mineral Mission to secure essential minerals for clean energy and advanced technologies. The mission has a proposed budget of ₹16,300 cr and is expected to attract ₹18,000 cr (U in investments.
  3. Budget 2025‑26 Support: The Union Budget for 2025‑26 included measures to support the mining sector, such as customs duty exemptions on critical minerals. The budget also focused on making mining licenses easier to access and improving the legal framework for mineral exploration.

How to Invest in Metal Sector Stocks?

Investing in metal stocks in India using Tickertape is a straightforward process. Tickertape is a powerful stock analysis and screening tool that helps you make informed investment decisions. Here’s how you can use Tickertape to invest in metal stocks in India:

  1. Sign Up and Log In: You can create an account on the Tickertape or log in if you already have one.
  2. Search for “Metals”: Go to Tickertape Stock Screener and set the “Sub-sector: Metals - Diversified ” filter
  3. Use Filters: You can apply over 200 filters to get stocks sorted based on criteria like market cap, P/E ratio, or returns. You can create your own custom filter, in case your preferred parameters are not available. This can help you narrow down the list of metal stocks.
  4. Analyse Stock Data: Tickertape provides comprehensive data on each stock, including financials, performance metrics, future projections, red flags, and more. You can review this data to assess each company’s health and potential in depth.
  5. Add to Watchlist: You may keep track of potential investments by adding them to your watchlist.
  6. Invest Through Your Broker: Once you’ve decided on a stock, you can place a buy order through your brokerage account linked to Tickertape.

You can stay updated with each of your favourite stocks’ alerts and announcements with Tickertape Alerts. Further, you can analyse your overall portfolio and potential red flags in it by connecting it to Tickertape. Check out detailed analysis of your portfolio now!

Overview of Top Metal Sector Stocks in India

Vedanta Ltd

Vedanta Ltd, founded in 1965, is a natural resources company. It mines zinc, copper, and aluminium and also works in oil, gas, and metal processing. It has a strong presence both in India and internationally.

NLC India Ltd

NLC India Ltd, established in 1956, is a government-owned company. It mines lignite and coal and generates power. It plays a key role in India's energy sector with both thermal and renewable energy projects.

Jain Resource Recycling Ltd

Jain Resource Recycling Ltd focuses on recycling non-ferrous metals like lead, copper, and aluminium. It provides eco-friendly recycling solutions for industries like automotive, electronics, and battery production.

Mishra Dhatu Nigam Ltd

Mishra Dhatu Nigam Ltd (MIDHANI), founded in 1973, produces high-performance metals and alloys. It makes special steels, titanium alloys, and superalloys for industries like aerospace, defence, and nuclear sectors.

Ashapura Minechem Ltd

Ashapura Minechem Ltd, founded in 1982, supplies industrial minerals like bentonite and clays. It serves industries such as steel, cement, energy, and ceramics, with a focus on sustainable mining practices.

What are Metal Sector Stocks?

Metal stocks are shares of companies that are involved in producing or processing metals. These companies may mine metals like iron, copper, and aluminium, or make metal products like steel and aluminium sheets.

Advantages of Investing in Metal Stocks in India

Strong Domestic Demand

India's growing industries, such as construction, infrastructure, and manufacturing, require large amounts of metal. This leads to consistent demand for metals like steel, aluminium, and copper, benefiting metal companies in India.

Cost and Resource Benefits

India is rich in natural resources like iron ore, bauxite, and coal, which are essential for metal production. The country also has lower production costs compared to other nations, giving Indian metal companies a competitive edge in the global market.

Government Support

The Indian government is actively supporting the growth of the metal and mining sectors through policies and incentives. This government backing creates a stable environment for metal companies to thrive.

Export Opportunities

India’s strategic location and cost advantages make it well-positioned for exporting metals. As global demand for metals increases, Indian metal companies have significant export growth opportunities.

Risks of Investing in Metal Stocks in India

Cyclical Nature

Metal stocks are highly sensitive to global demand, which can fluctuate. When the global economy slows down or metal prices drop, metal companies may experience a significant decline in profits.

Regulatory and Environmental Risks

Indian metal companies face strict regulations, including environmental rules and taxes. Any changes in these regulations or increased compliance costs can affect profitability.

Rising Raw Material and Energy Costs

Producing metals requires a lot of energy and raw materials. If energy prices rise or key materials become scarce, production costs increase, which can squeeze profit margins for metal companies.

Dependence on Infrastructure

Metal demand is closely linked to industries like infrastructure, construction, and manufacturing. If these sectors slow down, it can directly reduce the demand for metals, impacting metal companies' performance.

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Factors to Consider Before Investing in Metal Sector Stocks

Market Demand and Supply

The performance of metal stocks is closely tied to demand in industries like construction, automotive, and infrastructure. Changes in demand directly affect metal prices and company profits.

Global Commodity Prices

Global prices for metals like steel, aluminium, and copper significantly impact metal companies. Fluctuations in these prices can either increase or decrease profitability. Monitoring global market trends helps predict how these price changes will affect returns.

Government Policies

Government policies such as taxes, duties, and environmental rules can impact the profitability of metal companies. Changes in these regulations may increase costs or reduce margins, making it essential to stay informed about regulatory changes in India’s mining and metal production sectors.

Energy and Raw Material Costs

Energy and raw material costs play a key role in the production of metals. An increase in these costs can squeeze metal companies' profit margins. Investors need to consider these cost fluctuations when investing in the metal sector.

Conclusion

Investing in metal stocks in India may seem appealing, but it comes with risks that require careful thought. Market demand, global commodity prices, government policies, and the cost of energy and raw materials can all affect how metal companies perform. By understanding these factors and staying updated on industry trends, you can make better investment decisions. Always consider both the growth potential and the risks before investing in metal stocks.

Frequently Asked Questions on Metal Stocks

  1. What are metal sector stocks?

    Metal stocks refer to shares of companies involved in the production, mining, or processing of metals. These companies manufacture products or extract metals like steel, aluminium, copper, and iron, which are crucial in industries like construction, automotive, and manufacturing.

  2. What are the best metal sector stocks?

    As of 11th November 2025, some of the top housing finance stocks in India, as per market cap, include:
    1. Vedanta Ltd
    2. NLC India Ltd
    3. Jain Resource Recycling Ltd
    4. Mishra Dhatu Nigam Ltd
    5. Ashapura Minechem Ltd

    Disclaimer: The above list of metal stocks is for educational purposes only and should not be considered investment advice.

  3. How to invest in metal stocks?

    Here’s how you can invest in the metal sector stocks-
    1. Go to the Tickertape Stock Screener
    2. Select the 'Metals’ sub-category.
    3. From this sector, analyse and sort the housing stocks using over 200+ filters, including valuation ratios, financials, technical indicators, and more, based on your investment thesis.
    4. Review the filtered metal stock list, and identify the stocks that best align with your risk appetite, return expectations, and investment goals.
    5. Once you've shortlisted the stocks, click ‘Place Order’ to invest in your preferred metal sector stocks.

    Disclaimer: Please do your own research or consult your financial advisor before investing.

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  4. What factors can impact the performance of India metal share price?

    Factors affecting the performance of metal stocks include global commodity prices, demand in key industries (like construction and automotive), government policies, raw material costs, energy prices, and global trade conditions. The economic environment and market sentiment also play key roles.

  5. What are the advantages of investing in metal stocks?

    Investing in metal stocks offers diversification, a hedge against inflation, and exposure to growing demand in sectors like construction and manufacturing. The global focus on infrastructure and clean energy also presents long-term growth opportunities for metal companies.

    Disclaimer: Please note that this is not a recommendation. Please do your own research or consult your financial advisor before investing.

  6. How to identify metal stocks?

    Investors can use the Tickertape Stock Screener to identify and create a metal sector stock list with over 200 filters based on various criteria such as financial health, profitability, P/E ratio and more.

    Disclaimer: Please note that this is not a recommendation. Please do your own research or consult your financial advisor before investing.

  7. What are the risks of investing in metal stocks?

    Metal stocks are exposed to price volatility, regulatory changes, and market fluctuations. A slowdown in key sectors like construction or automotive can reduce demand. Additionally, operational risks such as mining challenges or supply chain disruptions can impact profitability.

  8. Do metal stocks offer regular dividends?

    The payment of regular dividends varies from company to company. Some metal companies may offer dividends, while others may not, depending on their financial performance and growth strategy.

    Disclaimer: Please note that this is not a recommendation. Please do your own research or consult your financial advisor before investing.