5 Stocks to Watch in the Materials Sector in July 2023

Published : 18 July 2023

What are Material stocks?

Materials sector stocks produce the raw materials that other industries rely on. This includes raw material mining as well as the production of chemicals and other man-made materials.

HZL is one of the lowest-cost producers of zinc globally and it is India's Only Integrated producer of Zinc, Lead, Silver.

51.4%

ROE

44.6%

OPM

Rs. 321.35

CMP

9%

5-year compounded sales growth

Asian Paints is the largest home decor company in India.

18.2%

ROE

27.7%

OPM

Rs. 3479.30

CMP

15%

5-year compounded sales growth

Vedanta Ltd is a diversified natural resource group engaged in exploring, extracting and processing minerals and oil & gas.

23.4%

ROE

20.4%

OPM

Rs. 282.80

CMP

5%

5-year compounded sales growth

Pidilite Industries Limited is a leading manufacturer of adhesives and sealants, construction chemicals, craftsmen products, DIY products and polymer emulsions in India.

16.8%

ROE

18.7%

OPM

Rs. 2626

CMP

14%

5-year compounded sales growth

Ambuja Cements Ltd is one of India’s leading cement manufacturers.

13.2%

ROE

10.8%

OPM

Rs. 416.20

CMP

11%

5-year compounded sales growth