Nifty Metal logo

Nifty Metal stocks list

NSESector15 companies

P/E
14.93
P/B
2.51
Dividend yield
1.80%
1M
−9.78%
3M
−5.37%
1Y
+12.80%

P/E against its own past

Where today's P/E sits among every trading day of each window: the dot is today, the tick the middle day.

P/E, 10 years14.93

At or below today's level on 43% of 2,478 trading days over the last 10 years.

LowestHighest
Its median15.89
P/E, 5 years14.93

At or below today's level on 31% of 1,239 trading days over the last 5 years.

LowestHighest
Its median19.07
P/E, 3 years14.93

At or below today's level on 0.3% of 743 trading days over the last 3 years.

LowestHighest
Its median20.39
P/E, 1 year14.93

At or below today's level on 1% of 247 trading days over the last 1 year.

LowestHighest
Its median19.10

P/E at each month's last trading day, and on 27 Oct 2026

44.364.9314.93Jul 11Jun 13May 15Apr 17Mar 19Feb 21Jan 23Dec 24Oct 26

What the Nifty Metal companies earned

Revenue against the same quarter a year earlier, over today's members that filed both; profit after tax added up over the members that filed the quarter. A quarter fewer than 60% of them filed is left out, and the newest is added once nearly as many have filed it as the one before.

Revenue growth
+24.1%quarter to Jun 2026
Profit
₹42,202 Crquarter to Jun 2026
Filed the quarter
15of 15
Median ROCE
16.3%year to Mar 2026

Revenue against the same quarter a year earlier, per cent

−2.9Mar 241.4Jun 24−2.3Sep 245.4Dec 244.7Mar 252.8Jun 259.0Sep 2511Dec 2518Mar 2624Jun 26
Revenue grew against a year earlier in 8 of the 10 quarters shown.

Profit after tax, ₹ crore, added up over the companies that filed

15,257Mar 2419,561Jun 2420,072Sep 2418,397Dec 2423,115Mar 2522,873Jun 2525,156Sep 2530,937Dec 2548,813Mar 2642,202Jun 26
Largest profit ₹48,813 Cr, quarter to Mar 2026.

The largest companies

The 12 largest companies in the Nifty Metal, each sized by its market cap.

Market cap, ₹ crore

  • Adani Enterprises₹3,37,077 Cr
  • JSW Steel₹3,06,342 Cr
  • Tata Steel₹2,13,993 Cr
  • Hindustan Zinc₹2,08,097 Cr
  • Hindalco Industries₹2,00,273 Cr
  • Vedanta Aluminium Metal₹1,38,467 Cr
  • Jindal Steel₹1,08,129 Cr
  • Lloyds Metals and Energy₹99,862 Cr
  • Vedanta₹88,218 Cr
  • Steel Authority of India₹70,715 Cr
  • APL Apollo Tubes₹61,471 Cr
  • NMDC₹60,664 Cr

Companies in the Nifty Metal

Largest first, by market cap.Metals & Mining sector

  • Adani Enterprises logoAdani EnterprisesADANIENT · Metals & Minerals Trading₹2,490.00−0.72%₹3,37,077 Cr45.304.4%0.05%−0.1%
  • JSW Steel logoJSW SteelJSWSTEEL · Ferrous Metals₹1,252.70−0.58%₹3,06,342 Cr10.8014.3%0.57%+8.9%
  • Tata Steel logoTata SteelTATASTEEL · Ferrous Metals₹171.42+0.87%₹2,13,993 Cr19.4011.9%2.33%−3.0%
  • Hindustan Zinc logoHindustan ZincHINDZINC · Non - Ferrous Metals₹492.50−0.91%₹2,08,097 Cr10.0075.2%2.23%+2.1%
  • Hindalco Industries logoHindalco IndustriesHINDALCO · Non - Ferrous Metals₹891.20+0.63%₹2,00,273 Cr12.2013.6%0.56%+6.0%
  • Vedanta Aluminium Metal logoVedanta Aluminium MetalVAML · Non - Ferrous Metals₹354.10+1.11%₹1,38,467 Cr––2.26%–
  • Jindal Steel logoJindal SteelJINDALSTEL · Ferrous Metals₹1,060.00+1.93%₹1,08,129 Cr37.908.3%0.19%+2.5%
  • Lloyds Metals and Energy logoLloyds Metals and EnergyLLOYDSME · Minerals & Mining₹1,773.60−0.76%₹99,862 Cr21.0021.0%0.06%+33.6%
  • Vedanta logoVedantaVEDL · Diversified MetalsDemerger₹225.60−0.84%₹88,218 Cr––4.04%+19.3%
  • Steel Authority of India logoSteel Authority of IndiaSAIL · Ferrous Metals₹171.20+0.82%₹70,715 Cr12.6010.6%1.37%+31.8%
  • APL Apollo Tubes logoAPL Apollo TubesAPLAPOLLO · Industrial Products₹2,213.90+6.55%₹61,471 Cr46.9026.0%0.38%+25.3%
  • NMDC logoNMDCNMDC · Minerals & Mining₹69.00+3.78%₹60,664 Cr8.1022.0%5.07%−7.2%
  • Jindal Stainless logoJindal StainlessJSL · Ferrous Metals₹709.80+3.04%₹58,517 Cr17.5016.0%0.56%−12.5%
  • National Aluminium Company logoNational Aluminium CompanyNATIONALUM · Non - Ferrous Metals₹308.20−1.34%₹56,605 Cr8.4038.9%3.73%+29.6%
  • Hindustan Copper logoHindustan CopperHINDCOPPER · Non - Ferrous Metals₹407.35−0.05%₹39,392 Cr34.7042.1%0.70%+17.0%

Changes to the list

Each list of the index's companies against the one before it. The date is the list's own, the day the new list was published.

30 Sep 2026against the list of 8 Sep 2026

1 joined · 1 left

Left1 company

Funds that follow the Nifty Metal

6 index funds and ETFs track the Nifty Metal; 2 other funds use it as their benchmark.Nifty Metal index funds and ETFs

NAV of 27 Oct 2026

About the Nifty Metal

Nifty Metal is an index of up to 15 stocks listed on the National Stock Exchange that reflects the behaviour and performance of the metals sector, including mining. It is managed by NSE Indices Limited.

How companies are chosen

The industries that qualify are aluminium, copper, zinc, diversified metals, ferro and silica manganese, industrial minerals, iron and steel and their products, pig iron, sponge iron, precious metals, and trading in metals and minerals.

A company must form part of the Nifty 500 at the time of review, belong to the metals sector, have traded at least 90% of the time in the last six months and have a listing history of at least 1 month at the cut-off date. If fewer than 10 eligible stocks of the sector sit in the Nifty 500, the shortfall is filled from the top 800 stocks ranked on both average daily turnover and average daily full market capitalisation over the previous six months. Final selection is by free-float market capitalisation, which counts only the shares available for public trading.

How it is weighted

The index level reflects the total free-float market value of its stocks relative to a base market capitalisation value. At each rebalancing no single stock may weigh more than 33%, and the top 3 stocks together may not weigh more than 62%.

When it is reviewed

The index is rebalanced every six months on data to 31 Jan and 31 Jul.

Base date and value

The index has a base date of 1 Jan 2004 and a base value of 1000, and was launched on 12 Jul 2011.

Published by
NSE
Kind
Sector
Companies
15
List last changed
30 Sep 2026
Above 200-day average
4 of 14