Good morning :)

List of Material Stocks in India (2025)

Material stocks are shares of companies that extract, process or supply raw materials—miners, cement makers, chemical firms, metal producers and packaging companies.

Top Material Stocks in 2025

Materials Stock Screener

Materials Stock Screener: Analyse & Filter Indian Stocks on Tickertape

Showing 1 - 20 of 835 results

last updated at 9:45 PM IST 
NameStocks (835)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.UltraTech Cement LtdULTRACEMCOCementCement3,44,760.253,44,760.2511,723.0011,723.0057.0957.092.192.19-3.52-3.523.533.53-1.13-1.134.674.679.009.009.069.060.660.660.330.331.651.65
2.JSW Steel LtdJSWSTEELIron & SteelIron & Steel2,74,908.702,74,908.701,125.501,125.5078.4678.461.821.82-6.80-6.8013.0413.0411.9011.903.363.364.344.347.507.500.310.311.211.211.951.95
3.Asian Paints LtdASIANPAINTPaintsPaints2,65,027.712,65,027.712,764.802,764.8072.2772.27-0.53-0.534.454.4524.5724.5715.7015.7013.2113.2118.5818.5823.9923.990.900.900.110.111.651.65
4.Hindustan Zinc LtdHINDZINCMining - DiversifiedMining - Diversified2,37,315.042,37,315.04561.65561.6522.9222.927.467.466.976.978.588.5811.9811.9817.8117.8172.6072.6062.8962.895.175.170.820.822.772.77
5.Coal India LtdCOALINDIAMining - CoalMining - Coal2,36,248.192,36,248.19383.35383.356.686.68-0.17-0.170.070.07-2.38-2.38-6.29-6.292.362.3638.5338.5324.7124.716.916.910.090.091.571.57
6.Tata Steel LtdTATASTEELIron & SteelIron & Steel2,14,579.422,14,579.42171.89171.8962.7362.733.313.31-8.60-8.6012.4312.4314.0014.002.352.353.723.728.328.322.092.091.041.042.212.21
7.Vedanta LtdVEDLMetals - DiversifiedMetals - Diversified2,12,301.632,12,301.63543.60543.6014.1614.162.752.751.091.0918.0518.054.144.143.953.9531.2831.2829.1129.118.018.011.701.702.452.45
8.Grasim Industries LtdGRASIMCementCement1,92,454.571,92,454.572,836.702,836.7051.9451.941.391.390.510.515.495.496.646.641.221.222.502.505.945.940.350.351.181.181.691.69
9.Hindalco Industries LtdHINDALCOMetals - AluminiumMetals - Aluminium1,90,455.221,90,455.22852.10852.1011.9011.903.373.373.353.3530.8830.8827.4327.431.541.5413.9213.9212.9612.960.590.590.520.522.082.08
10.Pidilite Industries LtdPIDILITINDDiversified ChemicalsDiversified Chemicals1,50,296.011,50,296.011,476.801,476.8072.3972.390.640.64-0.53-0.53-3.06-3.06-7.41-7.4115.0915.0922.3622.3626.8726.870.680.680.050.051.421.42
11.Ambuja Cements LtdAMBUJACEMCementCement1,35,493.001,35,493.00548.15548.1532.5132.512.252.25-4.47-4.47-0.04-0.04-4.13-4.132.122.127.277.279.159.150.360.360.010.011.741.74
12.Solar Industries India LtdSOLARINDSCommodity ChemicalsCommodity Chemicals1,11,338.961,11,338.9612,304.0012,304.0092.0692.06-1.24-1.24-9.86-9.86-26.11-26.1115.3315.3324.4724.4730.3230.3230.9630.960.080.080.210.212.562.56
13.Jindal Steel LtdJINDALSTELIron & SteelIron & Steel1,04,750.401,04,750.401,029.501,029.5037.2537.251.641.64-6.04-6.049.639.632.922.922.212.216.106.108.178.170.190.190.390.392.262.26
14.Shree Cement LtdSHREECEMCementCement94,838.2594,838.2526,285.0026,285.0084.4784.470.790.79-3.73-3.73-11.47-11.47-3.47-3.474.404.405.315.316.686.680.420.420.050.051.641.64
15.SRF LtdSRFDiversified ChemicalsDiversified Chemicals89,627.0189,627.013,023.603,023.6071.6671.662.712.710.310.31-2.64-2.6431.5331.537.107.1010.3810.3812.9212.920.240.240.370.372.262.26
16.Coromandel International LtdCOROMANDELFertilizers & Agro ChemicalsFertilizers & Agro Chemicals68,564.6968,564.692,326.602,326.6033.1833.183.463.463.403.400.850.8530.8130.816.116.1120.0020.0025.0725.070.640.640.070.072.762.76
17.NMDC LtdNMDCMining - Iron OreMining - Iron Ore68,523.4368,523.4377.9477.9410.4910.493.493.49-1.45-1.457.627.62-2.89-2.892.312.3123.5923.5929.7429.744.234.230.140.142.462.46
18.Bharat Forge LtdBHARATFORGIron & SteelIron & Steel68,204.1268,204.121,426.601,426.6072.4772.471.361.360.380.389.329.325.485.487.407.4011.4911.4916.6316.630.600.600.730.732.492.49
19.Lloyds Metals and Energy LtdLLOYDSMEMining - Iron OreMining - Iron Ore68,073.2768,073.271,288.301,288.3046.9546.950.630.63-2.85-2.85-13.89-13.8917.3117.3110.6310.6331.4831.4826.3426.340.080.080.120.123.123.12
20.Jindal Stainless LtdJSLIron & SteelIron & Steel64,714.5164,714.51785.65785.6525.8325.830.980.984.684.688.558.554.384.383.873.8716.1216.1217.4217.420.380.380.380.382.682.68

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: Sector: Materials | Market Cap: Sorted from Highest to Lowest

Overview of Top Material Stocks in India

UltraTech Cement Ltd

UltraTech Cement is India’s largest cement manufacturer with a presence in grey cement, white cement, and ready-mix concrete. The company operates an extensive network of plants and serves key segments such as housing, infrastructure, and commercial construction across domestic and international markets.

JSW Steel Ltd

JSW Steel is one of India’s leading integrated steel producers. The company manufactures a wide range of flat and long steel products used in construction, automobiles, infrastructure, energy, and engineering industries. It has a strong domestic footprint supported by modern facilities and capacity expansion.

Asian Paints Ltd

Asian Paints is India’s largest paint and coatings company with a strong presence in decorative paints, industrial coatings, and home improvement solutions. Its extensive distribution network and well-known brands make it a key player in both urban and rural markets.

Coal India Ltd

Coal India is the world’s largest coal-producing company. It manages numerous mines across India and supplies thermal coal to power, steel, cement, and industrial sectors. The company plays a critical role in meeting India’s energy requirements through its large-scale mining operations.

Tata Steel Ltd

Tata Steel is one of India’s oldest and largest steel manufacturers with operations spanning India, Europe, and Southeast Asia. The company produces a diversified portfolio of steel products serving automotive, construction, engineering, and packaging sectors, supported by integrated mining and a strong domestic presence.

What are Material Stocks?

Material stocks in India are companies that operate in the materials sector, which includes industries involved in raw material extraction, processing, and production. These businesses supply essential inputs used across manufacturing, construction, infrastructure, consumer goods, energy, and industrial activities.

How to Invest in Material Stocks?

Investing in material 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 material 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 “Material”: Go to Tickertape Stock Screener and set the Sub-sector related to material” 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 top raw material stocks and construction stocks in India.
  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!

Budget Updates for the Materials Sector

Budget Updates for the Materials Sector
  1. Infrastructure Spending: The Union Budget increased capital expenditure on roads, housing, railways, and urban development. This usually increases demand for cement, steel, and construction materials because these projects require large volumes of raw materials.
  2. Support for Mining: The Budget highlighted mining as a focus area and announced plans for a State Mining Index to track and improve mining efficiency. This helps companies in metals, cement, and raw material supply chains.
  3. Removal of Customs Duty: Customs duty on several scrap categories, such as copper, brass, zinc, and lead, has been removed. This makes recycled raw materials cheaper for metal producers and supports lower input costs for steel and non-ferrous manufacturers.

Advantages of Investing in Material Stocks in India

Linked to Infrastructure Activity

Material companies supply cement, steel, metals, and chemicals used in construction and manufacturing. When infrastructure spending or industrial activity rises, demand for these materials also increases, which may support business performance.

Core Input Providers

Materials are essential for sectors like housing, automobiles, power, engineering, packaging, and consumer goods. This wide usage gives the sector a strong, consistent role in the economy.

Government Support

Policies focused on infrastructure development, housing schemes, railways, mining reforms, and manufacturing often create favourable conditions for cement, steel, and metal producers.

Global Demand Drivers

Material companies with export exposure may benefit when global commodity prices or overseas demand improve, while domestic-focused companies gain from local infrastructure and housing growth.

Install the Tickertape app and enjoy a more hands-on investing experience
  • portfolio-iconReceive real-time market alerts for timely decisions
  • portfolio-iconMonitor your portfolio from the palm of your hands
  • portfolio-iconWatchlist stocks and mutual funds to stay updated

Risks of Investing in Material Stocks in India

Commodity Price Swings

Material companies depend on raw materials like coal, iron ore, crude oil, and minerals. When these input prices rise, production costs increase, and margins may come under pressure. Sudden global price changes can also create volatility.

Cyclical Demand

Cement, steel, and metal demand are closely linked to construction, housing, and industrial activity. During economic slowdowns, project delays and reduced spending can impact volume growth and revenue.

High Energy Dependence

The materials sector consumes large amounts of electricity, coal, and fuel. Any rise in power tariffs, coal shortages, or higher fuel costs can increase operating expenses and reduce profitability.

Environmental Compliance

Mining, metals, and cement production are subject to strict environmental rules. Requirements related to emissions, waste management, and sustainability may increase compliance costs or delay expansion plans.

Capital-Intensive Nature

These industries require heavy investment in plants, mining assets, and technology. High capital expenditure and debt levels can affect cash flow, especially when demand weakens.

Factors to Consider Before Investing in Material Stocks in India

Demand Outlook

The performance of material companies depends heavily on activity in construction, housing, infrastructure, and manufacturing. Trends in these areas influence volume growth and pricing.

Raw Material and Energy Costs

Coal, iron ore, crude oil, and electricity form a large part of operating costs for cement, steel, and metal producers. Movements in these input costs often affect profitability.

Capacity Utilisation

Higher utilisation levels generally indicate strong demand and efficient operations. Lower utilisation may reflect weaker economic conditions or excess supply within the sector.

Industry Cycles

The materials sector moves in cycles driven by economic growth, commodity trends, and infrastructure spending. These cycles influence demand patterns, inventory levels, and pricing.

Debt and Capital Intensity

Cement, steel, and mining businesses require large capital investments. Debt levels, interest costs, and ongoing expansion plans shape the financial strength of companies in this sector.

Conclusion

Material stocks form a key part of India’s industrial and construction ecosystem. Their performance reflects trends in infrastructure spending, housing activity, manufacturing demand, and global commodity movements. The sector offers exposure to essential inputs used across the economy, but it also faces risks linked to raw material price swings, energy costs, economic cycles, and regulatory requirements. That’s why it’s important for the investors to analyse these stocks carefully using tools like the Tickertape Stock Screener, which offers detailed metrics and filters across more than 200 parameters.

Frequently Asked Questions on Material Stocks

  1. What are Material Stocks?

    Materials stocks are shares of businesses that extract or process raw inputs—metals, chemicals, forest products and construction materials.

  2. How to invest in Material Stocks?

    Here’s how you can invest in material stocks -
    1. Go to the Tickertape Stock Screener
    2. Select the 'Materials' sector.
    3. From the Materials, analyse and sort the material stocks using over 200+ filters—including valuation ratios, financials, technical indicators, and more—based on your investment thesis.
    4. Review the filtered list, and identify 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 material stocks.

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

  3. What are some of the top Material Stocks listed on NSE?

    Top NSE-listed Material Stocks in India based on market capitalisation include:
    1. Tata Consultancy Services Ltd
    2. Infosys Ltd
    3. HCL Technologies Ltd
    4. Wipro Ltd
    5. Bharat Electronics Ltd

    Disclaimer: Please note that the above list is for educational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing.

  4. What are the factors affecting Material stock prices?

    Material stock prices fluctuate with commodity price cycles, construction and manufacturing demand, global supply constraints, energy costs, environmental regulation and currency movements.

  5. What is the future projection of Material Stocks?

    India's building materials sector is experiencing substantial growth, driven by government-led infrastructure projects and urbanisation efforts. Steel demand is expected to increase by 8-9% in 2025.

    Disclaimer: This is only for educational purposes as the latest data is derived from major financial research reports.

  6. How to choose Material Stocks for investing?

    Track commodity cycles, cost efficiency, and capacity additions in cement, metals, and chemicals. Evaluate EBITDA margins, pricing power, global demand, and supply-chain dependencies.

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

  7. Do Material Stocks offer regular dividends?

    Cyclical in nature, material stocks offer dividends depending on commodity prices and profitability. Cement and specialty chemicals may offer stable payouts, while metals can be irregular.

    Disclaimer: The latest data on dividends is derived from Tickertape Stock Screener.

  8. Is Material Stocks a good investment for the long term?

    Continued government spending on infrastructure, green buildings, and export demand for specialty chemicals drive growth. India’s shift to self-reliance in raw materials unlocks long-term manufacturing strength.

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