5 Top Metal Stocks In India May 2024

Published : 30 May 2024

Tata Steel Ltd.

The company makes different steel products like ball bearings, steel wires, and more. Its shares are trading at around Rs. 164.25. Its ROCE and ROE are 8.13% and -4.82% respectively. At the same time, the OPM was 6.21%.

Jindal Steel Ltd.

The company is one of the leading players in the iron & steel industry offering a range of products. Its shares are trading at around Rs. 1028.00 at present with ROCE and ROE of 12.01% and 1340%. The OPM is 15.06%.

Hindalco Industries Ltd.

It is a subsidiary of Aditya Birla Group and is one of the biggest players in the metal industry.   It is currently trading around Rs. 695.00 with an ROCE of 10.34% and an ROE of 9.56%. Its OPM is around 8.26%.

Vedanta Ltd.

The company mines aluminium as well as ore and gold. The company’s share is trading at around Rs. 439.00. Its ROCE and ROE are 24.09% and 13.79% respectively. At the same time, the OPM is 18.80%.

National Aluminium Company Ltd. 

It is a public sector company involved in aluminium mining. Its shares are trading at around Rs. 189.95 at present with ROCE and ROE of 14.78% and 13.82% while the OPM is noted at 18.05%.