Metal stocks in India
99 listed companies in Metals & Mining, part of Commodities, largest first by market cap at the close on 30 Oct 2026; the largest is Adani Enterprises.
- CompaniesListed companies. Companies classified in Metals & Mining whose shares traded on the latest trading day.
- 99
- Market capMarket cap, added up. The market value of the 87 companies that filed the quarter to Jun 2026, added up: each company's share price today times its shares. Share price times the number of shares: what the whole company is worth at the day's price.
- ₹21,65,634 Cr
- Median P/EMedian price to earnings. The middle price-to-earnings among the 69 companies that filed the quarter to Jun 2026 that carry one, half above and half below: each company's market value today divided by its own last four quarters' profit.
- 17.1
- Median P/BMedian price to book. The middle price-to-book among the 78 companies that filed the quarter to Jun 2026 that carry one, half above and half below. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet.
- 1.8
- Revenue growthRevenue growth, against a year earlier. Revenue of the quarter to Jun 2026 against the same quarter a year earlier, added up over the 79 companies that filed both.
- +23.9%quarter to Jun 2026
- ProfitProfit after tax, added up. Profit after tax of the quarter to Jun 2026, added up over the 93 companies that filed it; a loss counts as negative.
- ₹44,634 Crquarter to Jun 2026
- Filed the quarterCompanies that filed the quarter. How many of the sector's 101 listed companies have filed results for the quarter to Jun 2026; the revenue growth and the profit are theirs.
- 93of 101
- Median ROCEMedian return on capital employed. The middle figure of the 101 companies' ROCE for the year to Mar 2026, half above and half below. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them.
- 5.5%year to Mar 2026
Revenue growth and profit by quarter
Revenue against the same quarter a year earlier, over the companies that filed both; profit after tax added up over the companies that filed the quarter. A quarter fewer than 60% of the sector filed is left out, and the newest is added once nearly as many companies have filed it as the one before.
Revenue against the same quarter a year earlier, per cent
Profit after tax, ₹ crore, added up over the companies that filed
The largest companies
The 12 largest Metals & Mining companies, each sized by its market cap.
Market cap, ₹ crore
- Adani Enterprises₹3,49,179 Cr
- JSW Steel₹3,04,704 Cr
- Hindustan Zinc₹2,13,717 Cr
- Tata Steel₹2,09,224 Cr
- Hindalco Industries₹1,98,812 Cr
- Vedanta Aluminium Metal₹1,39,386 Cr
- Jindal Steel₹1,08,252 Cr
- Lloyds Metals and Energy₹1,02,773 Cr
- Vedanta₹93,028 Cr
- Steel Authority of India₹66,501 Cr
- NMDC₹59,204 Cr
- National Aluminium Company₹57,771 Cr
Every Metals & Mining company
- 1
Adani EnterprisesADANIENT · Metals & Minerals Trading₹2,579.40−1.09%₹3,49,179 Cr60.905.2%0.05%+2.1% - 8
Lloyds Metals and EnergyLLOYDSME · Minerals & Mining₹1,825.30−0.09%₹1,02,773 Cr21.6021.0%0.05%+38.3% - 12
National Aluminium CompanyNATIONALUM · Non - Ferrous Metals₹314.55−2.77%₹57,771 Cr8.6038.9%3.66%+32.1% - 17
Gujarat Mineral Development CorporationGMDCLTD · Minerals & Mining₹411.65−6.18%₹13,090 Cr19.806.0%2.31%−30.8% - 35
The Orissa Minerals Development CompanyORISSAMINE · Minerals & Mining₹3,160.00−1.38%₹1,896 Cr569.2018.7%None−41.3% - 49
Mardia Samyoung Capillary Tubes Co.MSCTC · Non - Ferrous Metals₹51.94−2.00%₹413 Cr92.405.9%None−53.6% - 63
Emergent Industrial SolutionsEMERGENT · Metals & Minerals Trading₹448.00−4.88%₹205 Cr133.2012.9%None−29.5% - 65
Manaksia Aluminium CompanyMANAKALUCO · Non - Ferrous Metals₹28.59+0.04%₹187 Cr21.2010.3%0.17%−2.5% - 69
La Tim Metal & IndustriesLATIMMETAL · Metals & Minerals Trading₹9.64−2.33%₹128 Cr10.8012.1%None−22.3% - 92
Chennai Ferrous IndustriesCHENFERRO · Metals & Minerals Trading₹67.97−2.45%₹24 Cr42.70−5.0%None−47.9%
About metal stocks in India
Metal stocks in India are the listed companies that mine ores and minerals or make and trade steel, aluminium, copper, zinc and other metals. NSE's industry classification groups them as the Metals & Mining sector, part of the Commodities macro-economic sector.
What the sector covers
NSE's classification splits Metals & Mining into five industries: Ferrous Metals, Non-Ferrous Metals, Minerals & Mining, Metals & Minerals Trading and Diversified Metals. Ferrous means iron-based, so it holds iron and steel makers along with pig iron, sponge iron and ferro alloys. Non-ferrous holds metals without iron as the base: aluminium, copper, zinc and precious metals such as gold and silver.
Minerals & Mining covers industrial minerals; coal miners are classed under Oil, Gas & Consumable Fuels instead. A company is placed by the business that brings in more than half of its revenue, and an industry filter narrows the table to any one industry.
Steel, aluminium and copper
Steel companies buy iron ore and coking coal, or scrap, and sell flat products such as coils and plates and long products such as bars and rods. Aluminium and copper producers depend on bauxite, power and imported concentrate, and sell at prices linked to international exchanges.
What drives metal companies
Metal prices are set largely by global supply and demand, so earnings swing with the price cycle more than with company-specific events. Domestic demand follows construction, infrastructure, auto and machinery spending.
Trade policy matters for steel. A three-year safeguard duty on certain flat steel imports runs from 21 Apr 2025 to 20 Apr 2028: 12% in the first year, 11.5% in the second and 11% in the third, with imports priced above set floor prices exempt.
How this page ranks companies
Companies are ranked by market cap, share price times the number of shares, and the summary shows medians: P/E as market cap over the last four quarters' profit, P/B as market cap over net worth attributable to the company's own shareholders.
Revenue growth compares each quarter with the same quarter a year earlier, using companies that filed both. A quarter appears in the chart only once at least 60% of the sector has filed it. ROCE, return on capital employed, is operating profit after depreciation, leaving out other income and one-offs, divided by net worth including minority interests plus borrowings. Lease liabilities are not counted.
Nifty Metal index
Nifty Metal holds up to 15 metal and mining companies chosen from the Nifty 500 and weighted by free-float market cap, the value of shares available to trade. Its base date is 1 Jan 2004. The page also links BSE Metal Index and lists of steel stocks and mining stocks.