Best Metals Stocks to Buy in India

In past few months Metal Sector gives a decent returns to the investors. The investors interest to buy Metal Stocks has increase rapidly during the past few months. Currently Metal Sector stocks are now very popular among the investors. Metal Sector is a major sector in India. Today I am going to tell you about Best Metal Stocks to Buy in India for investing. Before investing in stocks you need to firstly analyze the stock previous performance and history of that stock. Without any analysis there are many chances you may invest in poor stock and you may suffer huge loss.

So, today I am going to provide you the relevant information about Best Metal Stocks to Buy in India with past performance and sufficient data which will help you to taking decision before investing in the Stock Market.

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Also Read: Best Pharma Stocks to Buy in India for Long Term

Best Metals Stocks to Buy in India for Investment:

1) JSW Steel Ltd.: JSW Steel Ltd., incorporated in the year 1994, is a Large Cap company (having a market cap of Rs 170,921.66 Crore) operating in Metals - Ferrous sector. JSW Steel Ltd. key Products/Revenue Segments include Hot Rolled Coils/Plates/Sheets, Rolled Product, Coils (Cold Rolled), Others, Coils & Sheets (Galvanised), Other Operating Revenue, Billets & Blooms, M S/S S Slabs for the year ending 31-Mar-2020.For the quarter ended 31-12-2020, the company has reported a Consolidated Total Income of Rs 22,006.00 Crore, up 13.34 % from last quarter Total Income of Rs 19,416.00 Crore and up 21.03 % from last year same quarter Total Income of Rs 18,182.00 Crore. Company has reported net profit after tax of Rs 2,674.00 Crore in latest quarter.

a) P/E Ratio: 43.34

b) Large Cap: Market Cap Rs 1,70,922 Crores

c) Returns: 1 year 303.60% and 5 years 457.34%

d) Current Market Price: Rs. 707.10

e) Entry Point: Good time to consider, as stock is not in overbought zone

JSW Steel Ltd: 1 Month Chart

2) Tata Steel Ltd.: Tata Steel Ltd., incorporated in the year 1907, is a Large Cap company (having a market cap of Rs 136,319.22 Crore) operating in Metals - Ferrous sector. Tata Steel Ltd. key Products/Revenue Segments include Steel & Steel Products, Power and Other Operating Revenue for the year ending 31-Mar-2020.For the quarter ended 31-03-2021, the company has reported a Consolidated Total Income of Rs 50,249.58 Crore, up 26.23 % from last quarter Total Income of Rs 39,809.05 Crore and up 43.22 % from last year same quarter Total Income of Rs 35,085.86 Crore. Company has reported net profit after tax of Rs 7,011.50 Crore in latest quarter.

a) P/E Ratio: 18.20

b) Large Cap: Market Cap Rs 1,36,319 Crores

c) Returns: 1 year 321.56% and 5 years 250.88%

d) Current Market Price: Rs. 1,132.10

e) Entry Point: Good time to consider, as stock is not in overbought zone

Tata Steel Ltd: 1 Month Chart

3) Steel Authority of India (SAIL) Ltd.: Steel Authority of India (SAIL) Ltd., incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 52,519.63 Crore) operating in Metals - Ferrous sector. Steel Authority of India (SAIL) Ltd. key Products/Revenue Segments include Steel Products, Other Operating Revenue, Export Incentives and Service Charges for the year ending 31-Mar-2018.For the quarter ended 31-12-2020, the company has reported a Consolidated Total Income of Rs 19,997.31 Crore, up 16.96 % from last quarter Total Income of Rs 17,097.57 Crore and up 19.64 % from last year same quarter Total Income of Rs 16,714.87 Crore. Company has reported net profit after tax of Rs 1,246.50 Crore in latest quarter.

a) P/E Ratio: 15.79

b) Large Cap: Market Cap Rs 52,519.63 Crores

c) Returns: 1 year 351.69% and 5 years 205.65%

d) Current Market Price: Rs. 127.15

e) Entry Point: Good time to consider, as stock is not in overbought zone

Steel Authority of India (SAIL) Ltd: 1 Month Chart

4) Jindal Steel & Power Ltd.: Jindal Steel & Power Ltd., incorporated in the year 1979, is a Mid Cap company (having a market cap of Rs 42,565.27 Crore) operating in Metals - Ferrous sector. Jindal Steel & Power Ltd. key Products/Revenue Segments include Iron & Steel Items, Other Operating Revenue, Export Incentives and Scrap for the year ending 31-Mar-2020.For the quarter ended 31-03-2021, the company has reported a Consolidated Total Income of Rs 11,903.59 Crore, up 9.22 % from last quarter Total Income of Rs 10,898.70 Crore and up 34.73 % from last year same quarter Total Income of Rs 8,835.23 Crore. Company has reported net profit after tax of Rs 2,139.28 Crore in latest quarter.

a) P/E Ratio: 11.71

b) Large Cap: Market Cap Rs 42,565.27 Crores

c) Returns: 1 year 346.31% and 5 years 569.29%

d) Current Market Price: Rs. 417.30

e) Entry Point: Good time to consider, as stock is not in overbought zone

Jindal Steel & Power Ltd: 1 Month Chart

5) APL Apollo Tubes Ltd.: APL Apollo Tubes Ltd., incorporated in the year 1986, is a Mid Cap company (having a market cap of Rs 14,927.57 Crore) operating in Metals - Ferrous sector. APL Apollo Tubes Ltd. key Products/Revenue Segments include Pipes & Tubes Steel, Scrap, Export Incentives and Job Work for the year ending 31-Mar-2020.For the quarter ended 31-12-2020, the company has reported a Consolidated Total Income of Rs 2,609.26 Crore, up 17.95 % from last quarter Total Income of Rs 2,212.14 Crore and up 23.05 % from last year same quarter Total Income of Rs 2,120.53 Crore. Company has reported net profit after tax of Rs 148.78 Crore in latest quarter.

a) P/E Ratio: 50.13

b) Mid Cap: Market Cap Rs 14,927.57 Crores

c) Returns: 1 year 389.68% and 5 years 607.30%

d) Current Market Price: Rs. 1,195.20

e) Entry Point: Good time to consider, as stock is not in overbought zone

APL Apollo Tubes Ltd: 1 Month Chart

Best Metals Stocks to Buy in India – Conclusion

Therefore, these are the best Metals Stocks to buy in India at this moment. These shares has provided good returns in 1 year and 5 years and increases the wealth of the shareholders.

Hence investors who are interested to invest in these metal stocks requested to evaluate the market before the investing because investment in stock market is risky.

About The Post

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Source: ETMarkets, Tickertape and Kite Zerodha

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