In 2023, top metal stocks in India are anticipated to grow significantly. This is because of the increased demand and government initiatives for metal stocks. The performance of top metal stocks in India and the metal sector is examined in this article.
EPS
27
One of India's largest and most prestigious business conglomerates, the Tata Group, is the parent company of Tata Steel Ltd., a leading steel manufacturer in the country. The business was established in 1907, headquartered in Mumbai, and has activities in Southeast Asia, Europe, and India.
P/E Ratio
7.5
1.1
Price to Book Ratio
Current Market Price
₹102.5
125,325
Market Cap Cr
EPS
24.2
Hindalco Industries Ltd is an affiliate of the Aditya Birla Group and a multinational firm based in India. The Company's main business is the manufacture of copper and aluminum products. Its copper products include cathodes, rods, and cakes, while its aluminum products comprise extrusions, sheets, coils, foil, and wire rods.
P/E Ratio
7.7
1.1
Price to Book Ratio
Current Market Price
₹392.9
88,292
Market Cap Cr
EPS
71.3
The JSW Group includes the Indian steel firm JSW Steel Ltd. Steel and associated products, such as hot-rolled coils, plates, cold-rolled coils, galvanized good metal stock, and color-coated goods, which are produced and distributed by the business. It is also active in the mining and energy industries.
P/E Ratio
43
2.9
Price to Book Ratio
Current Market Price
₹660.00
159,537
Market Cap Cr
EPS
46.8
A diversified natural resources corporation with oil and gas, power, and mining operations, Vedanta Ltd. is based in India. The Company is well-represented throughout the Middle East, Australia, Africa, and India.
P/E Ratio
7
1.2
Price to Book Ratio
Current Market Price
₹274.25
101,944
Market Cap Cr
EPS
18.2
An Indian state-owned coal mining corporation called Coal India Ltd. With activities spread over eight Indian states, it is one of the biggest producers of coal in the entire globe. Coking coal, non-coking coal, and coal bed methane are among the several coal products that the company produces.
P/E Ratio
4.4
2.9
Price to Book Ratio
Current Market Price
₹208.9
128,739
Market Cap Cr