The table below shows the Iron & Steel Stocks Below 100 based on the Highest Market Capitalization.
Name | Market Cap (₹ Cr) | Close Price (₹) |
NMDC Steel Ltd | 11,789.83 | 39.85 |
Lloyds Enterprises Ltd | 6,523.47 | 50.39 |
JTL Industries Ltd | 3,932.39 | 98.53 |
Jayaswal Neco Industries Ltd | 3,701.45 | 37.08 |
Welspun Specialty Solutions Ltd | 2,143.15 | 39.30 |
Salasar Techno Engineering Ltd | 2,044.50 | 11.61 |
MSP Steel & Power Ltd | 1,865.47 | 33.25 |
BMW Industries Ltd | 1,181.25 | 52.21 |
Steel Exchange India Ltd | 1,178.47 | 9.44 |
Kamdhenu Ltd | 1,115.36 | 40.24 |
Table of Contents
What are Iron & Steel Stocks?
Iron & steel stocks refer to shares of companies involved in the production, manufacturing, processing, and distribution of iron and steel products. These companies typically operate in various segments of the iron and steel industry, including mining, refining, smelting, and fabrication. Examples include steel producers, mining companies, and steel service centers.
Best Iron & Steel Stocks In India Below 100
The table below shows the Best Iron & Steel Stocks In India Below 100 based on 1 Year Return.
Name | Close Price (₹) | 1Y Return (%) |
Umiya Tubes Ltd | 31.25 | 293.08 |
Bengal Steel Industries Ltd | 0.05 | 150 |
E L Forge Ltd | 26.27 | 118.01 |
MFS Intercorp Ltd | 19.72 | 116.23 |
Supreme Engineering Ltd | 2.44 | 95.2 |
Visa Steel Ltd | 35.17 | 66.29 |
Vaswani Industries Ltd | 46.97 | 42.98 |
Lloyds Enterprises Ltd | 50.39 | 38.66 |
Remi Edelstahl Tubulars Ltd | 98.55 | 37.81 |
Smiths & Founders (India) Ltd | 6.87 | 24.01 |
Top Iron & Steel Stocks Below 100
The table below shows the Top Iron & Steel Stocks Below 100 based on the highest day Volume.
Name | Close Price (₹) | Daily Volume (Shares) |
Uttam Galva Steels Ltd | 3.45 | 2,583,279 |
Salasar Techno Engineering Ltd | 11.61 | 2,475,693 |
Lloyds Enterprises Ltd | 50.39 | 2,284,255 |
NMDC Steel Ltd | 39.85 | 1,740,517 |
Steel Exchange India Ltd | 9.44 | 1,114,737 |
JTL Industries Ltd | 98.53 | 707,162 |
Shah Metacorp Ltd | 4.06 | 674,739 |
Kritika Wires Ltd | 9.48 | 595,891 |
Kamdhenu Ltd | 40.24 | 500,092 |
Sujana Universal Industries Ltd | 0.3 | 469,950 |
List Of Best Iron & Steel Stocks In India Below 100
The table below shows a List Of the Best Iron & Steel Stocks In India Below 100 based on the PE Ratio.
Name | Close Price (₹) | PE Ratio |
Bengal Steel Industries Ltd | 0.05 | 0.18 |
E L Forge Ltd | 26.27 | 0.68 |
Rishabh Digha Steel and Allied Products Ltd | 49.5 | 2.17 |
Scan Steels Ltd | 41.19 | 9.42 |
Rathi Steel and Power Ltd | 38.4 | 9.51 |
Deem Roll Tech Ltd | 74 | 9.95 |
Geekay Wires Ltd | 82.34 | 10.79 |
Vaswani Industries Ltd | 46.97 | 13.61 |
Mangalam Alloys Ltd | 36.95 | 13.65 |
National General Industries Ltd | 61 | 26.52 |
Top 10 Iron & Steel Stocks in India Below 100
The table below shows the Top 10 Iron & Steel Stocks in India Below 100 based on the 6-month return.
Name | Close Price (₹) | 6M Return (%) |
Umiya Tubes Ltd | 31.25 | 338.29 |
MFS Intercorp Ltd | 19.72 | 140.49 |
Visa Steel Ltd | 35.17 | 70.4 |
Mahalaxmi Seamless Ltd | 15.08 | 44.03 |
Lloyds Enterprises Ltd | 50.39 | 34.05 |
Rishabh Digha Steel and Allied Products Ltd | 49.5 | 29.79 |
Bloom Industries Ltd | 32.21 | 25.58 |
India Steel Works Ltd | 4.78 | 24.16 |
Heera Ispat Ltd | 7.24 | 16.96 |
SAL Steel Ltd | 22.51 | 16.09 |
Who Should Invest In Iron & Steel Stocks Below 100?
Investing in iron & steel stocks below Rs. 100 may be suitable for investors seeking exposure to the industrial sector and believe in the growth potential of the iron and steel industry. It could appeal to those looking for value investments or diversification within their portfolio. However, investors should have a high risk tolerance and conduct thorough research before considering such investments.
How To Invest In The Iron & Steel Stocks Below 100?
To invest in iron and steel stocks priced below Rs 100, research the industry and specific companies to understand their financial health and market position. Use an online brokerage account to facilitate purchases. Diversify your investments to mitigate risk, closely monitor market trends, and prepare for volatility. Consider consulting a financial advisor to tailor investments to your financial goals and risk tolerance.
Performance Metrics Of Iron & Steel Stocks Below 100
Performance metrics for iron & steel stocks below Rs. 100 typically include:
- Price-to-Earnings Ratio (P/E): Indicates the stock’s valuation relative to its earnings.
- Price-to-Book Ratio (P/B): Measures the stock’s valuation relative to its book value.
- Debt-to-Equity Ratio: Indicates the company’s leverage.
- Return on Equity (ROE): Reflects the company’s profitability relative to shareholder equity.
- Dividend Yield: Shows the dividend income relative to the stock price.
- Earnings Growth: Indicates the company’s growth in earnings over time.
- Market Capitalization: Reflects the size of the company in the market.
- Industry Trends: Assess the iron and steel industry’s overall health and growth prospects.
Benefits Of Investing In Iron & Steel Stocks Below 100
Investing in iron & steel stocks below Rs. 100 can offer several benefits:
- Potential for Capital Appreciation: If the company performs well, the stock price may rise, leading to capital gains for investors.
- Value Investing Opportunities: Stocks priced below Rs. 100 may be undervalued, offering an opportunity for value investors to buy low and sell high.
- Diversification: Adding iron & steel stocks to a portfolio can diversify risk and provide exposure to the industrial sector.
- Dividend Income: Some iron & steel companies pay dividends, providing a source of income for investors.
- Cyclical Industry: Iron & steel stocks often follow economic cycles, presenting opportunities for investors to capitalize on industry upswings.
- Infrastructure Growth: Investments in iron & steel companies may benefit from increased infrastructure spending and construction projects.
Investors should conduct thorough research and consider their risk tolerance before investing in iron & steel stocks below Rs. 100.
Challenges Of Investing In Iron & Steel Stocks Below 100
Investing in iron & steel stocks below Rs. 100 comes with several challenges:
- Volatility: Stocks in this price range can experience high volatility due to market fluctuations, economic conditions, and industry-specific factors.
- Cyclical Nature: The iron & steel industry is cyclical, meaning stock prices may be influenced by fluctuations in demand, raw material costs, and economic cycles.
- Risk of Losses: Stocks priced below Rs. 100 may be more susceptible to price declines, potentially resulting in significant losses for investors.
- Industry Risks: The iron & steel industry faces various risks, including competition, regulatory changes, technological advancements, and environmental concerns.
- Liquidity Concerns: Stocks with lower prices may have lower trading volumes, leading to liquidity challenges, such as wider bid-ask spreads and difficulty in buying or selling large quantities without affecting the stock price.
- Financial Health: Some companies with stocks below Rs. 100 may have weaker financials, including high debt levels, poor profitability, or governance issues, increasing investment risk.
Introduction to Iron & Steel Stocks below 100
NMDC Steel Ltd
The Market Cap of NMDC Steel Ltd is ₹11,789.83 crore. The stock’s 1-month return is -6.79%, while its 1-year return is -43.23%. It is currently 17.60% away from its 52-week high.
NMDC Steel Ltd is a leading steel manufacturer in India, focusing on high-quality steel products with advanced technology and efficient production processes. The company operates a state-of-the-art manufacturing unit and caters to various industries, including construction, automotive, and infrastructure. With a strong supply chain network, NMDC Steel ensures the availability of premium-grade steel across domestic and international markets.
The company aims for sustainable growth by focusing on innovation and improving operational efficiency. With a strategic vision, NMDC Steel is expanding its production capacity and investing in research and development. Despite recent market fluctuations, the company’s long-term growth prospects remain strong, backed by increasing demand for steel in infrastructure and industrial projects.
Lloyds Enterprises Ltd
The Market Cap of Lloyds Enterprises Ltd is ₹6,523.47 crore. The stock’s 1-month return is 10.25%, while its 1-year return is 38.66%. It is currently 34.05% away from its 52-week high.
Lloyds Enterprises Ltd is a diversified player in the steel and infrastructure industry, providing high-quality steel products and solutions for various sectors. The company has a strong foothold in the market, driven by advanced manufacturing facilities and a well-integrated supply chain. Lloyds Enterprises focuses on sustainable and cost-effective production, making it a preferred choice for industrial and infrastructure projects.
With continuous technological advancements, Lloyds Enterprises is expanding its presence in emerging markets. The company’s commitment to efficiency and sustainability ensures a steady demand for its products. Lloyds Enterprises’ strategic investments in capacity expansion and market penetration position it well for future growth.
JTL Industries Ltd
The Market Cap of JTL Industries Ltd is ₹3,932.39 crore. The stock’s 1-month return is -2.45%, while its 1-year return is 21.17%. It is currently 18.63% away from its 52-week high.
JTL Industries Ltd is one of India’s fastest-growing steel manufacturers, specializing in electric resistance welded (ERW) pipes and tubes. The company supplies high-quality steel pipes used in construction, agriculture, and infrastructure projects. With a strong focus on quality and precision, JTL Industries has gained a reputation for delivering durable and cost-effective steel solutions.
JTL Industries continues to expand its production capacity and improve operational efficiency. By investing in cutting-edge technology and automation, the company aims to meet the growing demand for steel products. Its focus on exports and partnerships with major infrastructure firms ensures long-term stability and profitability.
Jayaswal Neco Industries Ltd
The Market Cap of Jayaswal Neco Industries Ltd is ₹3,701.45 crore. The stock’s 1-month return is -4.12%, while its 1-year return is 12.85%. It is currently 9.25% away from its 52-week high.
Jayaswal Neco Industries Ltd is a key player in the Indian steel industry, producing a diverse range of steel products for construction and industrial applications. The company operates an integrated manufacturing facility, ensuring high efficiency and quality control. With a well-established distribution network, Jayaswal Neco caters to both domestic and international clients.
The company has been focusing on enhancing its production capacity and optimizing costs to improve profitability. By leveraging its expertise in steel production, Jayaswal Neco aims to capture a larger market share. Its strategic expansion plans and commitment to sustainability position it for long-term success in the competitive steel industry.
Welspun Specialty Solutions Ltd
The Market Cap of Welspun Specialty Solutions Ltd is ₹2,143.15 crore. The stock’s 1-month return is 2.98%, while its 1-year return is 14.67%. It is currently 22.45% away from its 52-week high.
Welspun Specialty Solutions Ltd is a premium steel manufacturer specializing in alloy and stainless steel products. The company serves multiple industries, including oil and gas, power, and construction. With a strong emphasis on innovation and quality, Welspun Specialty Solutions has established itself as a reliable supplier of high-performance steel products.
By adopting advanced manufacturing techniques, the company enhances its product offerings and ensures compliance with global standards. Welspun Specialty Solutions’ long-term strategy includes expanding into new markets and increasing its production capacity to meet growing demand.
Salasar Techno Engineering Ltd
The Market Cap of Salasar Techno Engineering Ltd is ₹2,044.50 crore. The stock’s 1-month return is 8.12%, while its 1-year return is 25.78%. It is currently 30.75% away from its 52-week high.
Salasar Techno Engineering Ltd is a leading engineering and steel fabrication company catering to telecom, power, and infrastructure sectors. The company specializes in manufacturing telecom towers, transmission line towers, and heavy steel structures. Its expertise in customized engineering solutions makes it a preferred partner for large-scale industrial projects.
Salasar Techno Engineering is expanding its manufacturing capacity and diversifying its product range to strengthen its market position. By leveraging technological advancements and optimizing production efficiency, the company aims to drive sustainable growth.
MSP Steel & Power Ltd
The Market Cap of MSP Steel & Power Ltd is ₹1,865.47 crore. The stock’s 1-month return is -3.25%, while its 1-year return is 9.34%. It is currently 15.84% away from its 52-week high.
MSP Steel & Power Ltd is an integrated steel producer engaged in manufacturing sponge iron, billets, and structural steel products. The company plays a crucial role in meeting India’s growing steel demand, catering to the construction, automotive, and engineering industries.
With a focus on cost-effective production and sustainable practices, MSP Steel & Power is positioning itself for future growth. Its continuous investments in technology and expansion projects ensure steady revenue growth and improved market competitiveness.
BMW Industries Ltd
The Market Cap of BMW Industries Ltd is ₹1,181.25 crore. The stock’s 1-month return is 6.45%, while its 1-year return is 19.78%. It is currently 11.32% away from its 52-week high.
BMW Industries Ltd operates in the steel processing and distribution sector, supplying high-quality steel products to various industries. The company has a diversified product portfolio, including HR and CR coils, sheets, and galvanized products.
By focusing on operational efficiency and customer satisfaction, BMW Industries continues to expand its market presence. The company’s commitment to quality and technological innovation ensures long-term growth and profitability.
Steel Exchange India Ltd
The Market Cap of Steel Exchange India Ltd is ₹1,178.47 crore. The stock’s 1-month return is -5.12%, while its 1-year return is 14.22%. It is currently 13.87% away from its 52-week high.
Steel Exchange India Ltd is engaged in manufacturing steel billets and reinforcement bars for construction and infrastructure projects. The company operates a modern manufacturing facility with an emphasis on high-quality production and energy efficiency.
With India’s growing infrastructure sector, Steel Exchange India is strategically positioned for long-term growth. By expanding its production capacity and exploring export opportunities, the company aims to strengthen its market position.
Kamdhenu Ltd
The Market Cap of Kamdhenu Ltd is ₹1,115.36 crore. The stock’s 1-month return is 3.45%, while its 1-year return is 18.67%. It is currently 16.92% away from its 52-week high.
Kamdhenu Ltd is a well-known brand in India’s steel and paint industry, specializing in TMT bars, structural steel, and color-coated sheets. The company has a strong distribution network and a vast presence in the domestic market.
With increasing construction and infrastructure activities, Kamdhenu Ltd is expected to witness steady demand for its products. The company’s continuous innovation and brand recognition make it a strong contender in the steel industry.
Top Iron & Steel Stocks below 100 – FAQs
Best Iron & Steel Stocks Below 100 Rs #1: NMDC Steel Ltd
Best Iron & Steel Stocks Below 100 Rs #2: Lloyds Enterprises Ltd
Best Iron & Steel Stocks Below 100 Rs #3: JTL Industries Ltd
Best Iron & Steel Stocks Below 100 Rs #4: Jayaswal Neco Industries Ltd
Best Iron & Steel Stocks Below 100 Rs #5: Welspun Specialty Solutions Ltd
Best Iron & Steel Stocks Below 100 Rs are based on market capitalization
Based on one year’s return, these are the Top Iron and steel Stocks Below 100 Rs, Umiya Tubes Ltd, Bengal Steel Industries Ltd, E L Forge Ltd, MFS Intercorp Ltd, and Supreme Engineering Ltd.
Yes, you can invest in iron & steel stocks below Rs. 100. However, be sure to research the company’s fundamentals, market conditions, and future prospects before investing to make informed decisions and manage risks effectively.
Investing in iron & steel stocks below Rs. 100 can be lucrative if the company shows strong fundamentals, growth potential, and favorable industry conditions. However, thorough research and risk assessment are essential before making any investment decisions.
To invest in iron & steel stocks below Rs. 100, research companies with sound fundamentals and growth potential. Use financial news, analyst reports, and stock market platforms to identify suitable options. Then, open a brokerage account, analyze the company’s performance, and make informed investment decisions based on your risk tolerance and investment goals.
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.