Best Steel Stocks in India (2025)
India is the world’s second-largest steel producer, contributing 2% to GDP and directly employing 6 lakh people, with production expected to surpass 300 MT by 2030-31. Here are the top steel stocks in India based on market capitalisation.
Best Steel Sector Stocks in India (2025)
Iron & Steel Stock Screener
Iron & Steel Stock Screener: Analyse & Filter Indian Stocks on Tickertape
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Showing 1 - 20 of 141 results
last updated at 9:45 PM IST
| NameStocks (141)↓ | ↓Sub-SectorSub-Sector↓ | ↓Market CapMarket Cap↓ | ↓Close PriceClose Price↓ | ↓PE RatioPE Ratio↓ | ↓1D Return1D Return↓ | ↓1M Return1M Return↓ | ↓6M Return6M Return↓ | ↓1Y Return1Y Return↓ | ↓TTM PE RatioTTM PE Ratio↓ | ↓PB RatioPB Ratio↓ | ↓Return on EquityReturn on Equity↓ | ↓ROCEROCE↓ | ↓Dividend YieldDiv Yield↓ | ↓Debt to EquityDebt to Equity↓ | ↓Volatility vs NiftyVolatility vs Nifty↓ | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | JSW Steel LtdJSWSTEEL | Iron & SteelIron & Steel | 2,41,583.042,41,583.04 | 989.90989.90 | 27.4227.42 | -1.52-1.52 | -0.09-0.09 | 5.765.76 | 15.0215.02 | 73.2173.21 | 3.033.03 | 12.0012.00 | 13.2813.28 | 0.920.92 | 1.101.10 | 1.791.79 | |
| 2. | Tata Steel LtdTATASTEEL | Iron & SteelIron & Steel | 1,86,541.411,86,541.41 | 149.43149.43 | 54.5454.54 | -1.45-1.45 | 12.0012.00 | 7.377.37 | -7.46-7.46 | 54.5454.54 | 2.022.02 | -4.49-4.49 | 9.229.22 | 2.412.41 | 0.940.94 | 2.012.01 | |
| 3. | Jindal Steel And Power LtdJINDALSTEL | Iron & SteelIron & Steel | 92,041.5792,041.57 | 909.70909.70 | 32.7332.73 | 0.550.55 | 9.099.09 | 5.955.95 | -3.17-3.17 | 32.7332.73 | 2.062.06 | 14.1814.18 | 9.029.02 | 0.220.22 | 0.370.37 | 2.082.08 | |
| 4. | Bharat Forge LtdBHARATFORG | Iron & SteelIron & Steel | 57,557.0957,557.09 | 1,203.901,203.90 | 61.1661.16 | 0.390.39 | 13.2413.24 | -8.90-8.90 | -14.98-14.98 | 61.1661.16 | 8.038.03 | 13.6813.68 | 18.9218.92 | 0.690.69 | 1.111.11 | 2.242.24 | |
| 5. | Jindal Stainless LtdJSL | Iron & SteelIron & Steel | 51,465.8051,465.80 | 624.85624.85 | 20.5420.54 | 2.432.43 | 10.8810.88 | -9.72-9.72 | -8.12-8.12 | 20.5420.54 | 3.583.58 | 20.6020.60 | 19.0719.07 | 0.480.48 | 0.420.42 | 2.462.46 | |
| 6. | Steel Authority of India LtdSAIL | Iron & SteelIron & Steel | 47,914.0947,914.09 | 116.00116.00 | 15.6215.62 | -1.89-1.89 | 7.307.30 | 3.863.86 | -26.14-26.14 | 21.3321.33 | 0.840.84 | 5.485.48 | 7.497.49 | 1.721.72 | 0.640.64 | 2.852.85 | |
| 7. | Shyam Metalics and Energy LtdSHYAMMETL | Iron & SteelIron & Steel | 25,405.7725,405.77 | 913.75913.75 | 27.9827.98 | 2.422.42 | 5.135.13 | 14.7614.76 | 57.5357.53 | 27.9227.92 | 2.462.46 | 11.5111.51 | 12.9212.92 | 0.490.49 | 0.060.06 | 2.532.53 | |
| 8. | Welspun Corp LtdWELCORP | Iron & SteelIron & Steel | 20,183.7820,183.78 | 767.05767.05 | 18.1818.18 | 0.890.89 | -0.59-0.59 | 11.1511.15 | 30.2730.27 | 13.6613.66 | 3.513.51 | 20.9220.92 | 21.9221.92 | 0.650.65 | 0.340.34 | 2.812.81 | |
| 9. | PTC Industries LtdPTCIL | Iron & SteelIron & Steel | 18,343.5718,343.57 | 12,752.0012,752.00 | 434.48434.48 | 0.020.02 | -4.87-4.87 | 14.7614.76 | 75.0775.07 | 358.55358.55 | 28.4128.41 | 8.878.87 | 9.229.22 | -- | 0.280.28 | 3.793.79 | |
| 10. | Sarda Energy & Minerals LtdSARDAEN | Iron & SteelIron & Steel | 15,767.3015,767.30 | 447.45447.45 | 30.1530.15 | 1.031.03 | -7.49-7.49 | 5.375.37 | 63.4863.48 | 22.9922.99 | 3.953.95 | 13.9413.94 | 15.2415.24 | 0.220.22 | 0.340.34 | 3.123.12 | |
| 11. | KIOCL LtdKIOCL | Iron & SteelIron & Steel | 15,348.7515,348.75 | 252.55252.55 | -184.26-184.26 | -0.16-0.16 | 8.398.39 | -33.32-33.32 | -38.32-38.32 | -72.87-72.87 | 8.008.00 | -4.25-4.25 | -2.30-2.30 | -- | 0.090.09 | 3.463.46 | |
| 12. | Nava LimitedNAVA | Iron & SteelIron & Steel | 13,354.8313,354.83 | 471.90471.90 | 10.6310.63 | 1.661.66 | -5.22-5.22 | 5.855.85 | 90.4690.46 | 12.5612.56 | 1.611.61 | 16.2816.28 | 18.4018.40 | 0.430.43 | 0.050.05 | 3.503.50 | |
| 13. | Godawari Power and Ispat LtdGPIL | Iron & SteelIron & Steel | 13,310.8913,310.89 | 198.89198.89 | 14.2314.23 | 4.714.71 | -2.09-2.09 | 7.427.42 | 11.1911.19 | 16.4616.46 | 2.922.92 | 22.0122.01 | 27.4127.41 | 0.510.51 | 0.010.01 | 2.882.88 | |
| 14. | Gallantt Ispat LtdGALLANTT | Iron & SteelIron & Steel | 11,246.1011,246.10 | 466.10466.10 | 49.9049.90 | 0.620.62 | 4.684.68 | 54.5454.54 | 67.3067.30 | 29.6129.61 | 4.594.59 | 9.649.64 | 12.7212.72 | 0.210.21 | 0.190.19 | 2.902.90 | |
| 15. | NMDC Steel LtdNSLNISP | Iron & SteelIron & Steel | 10,611.7210,611.72 | 36.2136.21 | -6.80-6.80 | 0.250.25 | 1.691.69 | -17.55-17.55 | -40.69-40.69 | -3.84-3.84 | 0.690.69 | -9.59-9.59 | -8.40-8.40 | -- | 0.430.43 | 2.422.42 | |
| 16. | Jai Balaji Industries LtdJAIBALAJI | Iron & SteelIron & Steel | 10,115.9610,115.96 | 110.89110.89 | 18.1318.13 | -2.46-2.46 | -15.79-15.79 | -42.19-42.19 | -36.55-36.55 | 18.1318.13 | 6.736.73 | 85.3985.39 | 45.3845.38 | -- | 0.310.31 | 2.962.96 | |
| 17. | Usha Martin LtdUSHAMART | Iron & SteelIron & Steel | 9,390.859,390.85 | 308.35308.35 | 23.0523.05 | -0.68-0.68 | -0.19-0.19 | -16.19-16.19 | -7.71-7.71 | 23.0523.05 | 3.943.94 | 19.1919.19 | 20.6320.63 | 0.980.98 | 0.150.15 | 2.762.76 | |
| 18. | Kirloskar Ferrous Industries LtdKIRLFER | Iron & SteelIron & Steel | 8,478.158,478.15 | 515.00515.00 | 28.8328.83 | -1.15-1.15 | 12.7712.77 | -15.67-15.67 | -8.47-8.47 | 28.8328.83 | 2.622.62 | 9.559.55 | 13.8313.83 | 0.900.90 | 0.380.38 | 2.732.73 | |
| 19. | Surya Roshni LtdSURYAROSNI | Iron & SteelIron & Steel | 6,167.886,167.88 | 283.50283.50 | 18.7418.74 | 1.161.16 | 11.8211.82 | -13.24-13.24 | 1.741.74 | 19.2519.25 | 2.852.85 | 16.3416.34 | 20.6720.67 | 0.880.88 | 0.010.01 | 3.203.20 | |
| 20. | Bansal Wire Industries LtdBANSALWIRE | Iron & SteelIron & Steel | 5,711.165,711.16 | 364.80364.80 | 74.0174.01 | -1.60-1.60 | 3.403.40 | -9.90-9.90 | 4.124.12 | 42.3542.35 | 12.3812.38 | 20.5620.56 | 17.7617.76 | -- | 1.481.48 | 2.582.58 |
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: Iron & Steel | Market Cap: Sorted from Highest to Lowest
Selection criteria: Sub-sector: Iron & Steel | Market Cap: Sorted from Highest to Lowest
Overview of the Top Steel Stocks
JSW Steel Ltd
A flagship company of the JSW Group, JSW Steel is one of India’s leading integrated steel manufacturers. It specialises in producing a diverse range of steel products, including hot-rolled coils, sheets, and plates, catering to industries like infrastructure, construction, and automotive.
Tata Steel Ltd
Part of the Tata Group, Tata Steel is a global steel giant known for its innovative and sustainable steel solutions. Its product portfolio spans flat and long steel, alloys, and special steels, serving sectors like automotive, construction, and engineering.
Jindal Steel And Power Ltd
A prominent player in the steel and energy sectors, Jindal Steel and Power specialises in manufacturing steel products such as rails, plates, and structural steel. It also has a strong presence in power generation and mining.
Bharat Forge Ltd
Renowned globally, Bharat Forge is a leading multinational company in the forging and engineering space. It caters to sectors like automotive, aerospace, defense, and energy, offering precision-engineered components and solutions.
Jindal Stainless Ltd
A pioneer in the stainless steel industry, Jindal Stainless produces a wide range of stainless steel products, including coils, plates, and sheets. Its offerings find applications in infrastructure, automotive, railways, and consumer goods.
Advantages of Investing in Steel Stocks in India
Infrastructure Growth Opportunities
India's focus on infrastructure development and urbanisation boosts the demand for steel industry stocks, potentially increasing stock values
Consistent Demand
Steel is essential in industries like automotive, railways, and construction, ensuring steady demand and growth potential for steel sector stocks.
Government Support
Policies like the National Steel Policy aim to increase domestic steel production, creating a favourable environment for steel shares in India.
Global Demand
Steel is a globally traded commodity with significant demand, offering opportunities for good returns.
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Factors to Consider Before Investing in Steel Stocks
Global Economic Conditions
Steel demand is cyclical, influenced by global economic health. Economic downturns can reduce demand, impacting steel prices and company revenues of even the best-performing steel stocks.
Government Policies
Stay informed about policies affecting the steel stock trends and steel manufacturing stocks, such as import tariffs, anti-dumping duties, and infrastructure spending, as they can significantly impact the profitability of steel export stocks.
Raw Material Costs
Fluctuations in prices of key inputs like iron ore and coking coal affect production costs and profit margins. For instance, Indian steelmakers are exploring coking coal imports from Mongolia to diversify sources.
Import-Export Dynamics
High imports, especially from countries like China, can depress domestic steel prices, affecting local producers' profitability. India's finished steel imports during April-October reached a seven-year high.
Company Financial Health
Assess financial metrics such as debt levels, profit margins, and revenue growth to determine a company's stability, steel stock performance, and growth prospects. This can help investors conduct a steel stock market analysis while picking the best steel stocks.
Technological Advancements
Steel sector growth stocks investing in modern technologies, like green steel production, may have a competitive edge and better long-term prospects. JSW Steel plans to utilise energy from a forthcoming hydrogen plant to produce green steel.
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Frequently Asked Questions on Steel Stocks
1. What is the importance of the steel industry in India?
The iron and steel industry, including steel dividend stocks, is a major contributor to the economy, supporting infrastructure, manufacturing, and export growth.2. How does global demand affect steel stocks in India?
Global demand impacts the steel company share price, influencing both export opportunities and the domestic competitiveness of even long-term steel stocks.3. What factors affect the steel share price?
The steel share price of small, mid and large-cap steel stocks is influenced by raw material costs, government policies, and economic conditions.4. What are government policies impacting the steel industry?
The Ministry of Steel sets policies like tariffs, production incentives, and environmental regulations, which significantly affect the sector, including small, large and mid-cap steel stocks.
