Sector analysis
Ferrous Metals
Read from what its listed companies are showing. Each industry inside it is judged on its own below.
Mixed
36 listed companies · ₹ 7,08,983 Cr. total market value- ●52% of companies grew sales by more than 8% from a year earlier; the typical company's profit rose 14%. 25% made a loss.
- ▲7 credit rating upgrades and 1 downgrade in the last 90 days.
- –23 good and 2 bad company announcements, including 1 big order won (read since 6 Oct 2026; not counted until there is a month of them).
- ▼The typical share is down 8.5% in 3 months; 27% of shares trade above their 200-day average (their usual level).
- –Typical P/E 14, close to these companies' usual level.
- –Raised ₹ 10 Cr. by issuing shares (1 issue) in 90 days; 1 more fund raise on the way.
▲ / ▼ / ● are the signals the verdict counts: results, credit ratings, announcements and share prices. Lines marked – are shown but not counted.
In charts
Share prices over the last year
The typical Ferrous Metals share against the typical share on the market, both starting at 100. Now 88 vs 83.
Is growth speeding up or slowing down?
The typical company's sales and profit growth against the same quarter a year earlier.
Industries in this sector
A sector mixes different businesses; each industry is judged on its own. Open one for its charts and companies.
| Iron & Steel15 companies | Mixed | 71% of cos. | +25.7% | −8.5% | 14.1 |
| Ferro & Silica Manganese13 companies | Mixed | 30% of cos. | −80% | −13.1% | 11.3 |
| Sponge Iron7 companies | Too few | 50% of cos. | −30.9% | −6.1% | 18.4 |
| Pig Iron1 companies | Too few | 0% of cos. | −65.1% | −4.7% | 19.3 |
Cheaper than peers
Not a buy list. These shares trade at a P/E at least 30% below their industry's typical level and below their own usual level, and they also pass basic checks: profitable, sales and profit growing, low debt, no red flags, market value of ₹250 Cr or more. Cheap shares are often cheap for a reason; this is where to start reading, not where to stop.
| Details | |||||
|---|---|---|---|---|---|
| Vraj Iron and Steel VRAJ | Sponge Iron | 11 vs 18.440% cheaper | +40.6% / +50% | ₹ 394.08 Cr. |
Cheaper than peers across the whole market
Leaders and laggards
Good news
- JSW SteelExpansion or acquisition
- Steel Authority of IndiaStrong results
- Jindal StainlessCredit rating raised
- Sarda Energy & MineralsCredit rating raised
- NMDC SteelCredit rating raised
Warning signs
- Jai Balaji IndustriesCredit rating cut
- Vedanta Iron And Steel LtdAction by a regulator
- Maithan AlloysAction by a regulator
Best shares, 3 months
- Impex Ferro Tech+140.4%
- Manaksia Steels+49.3%
- Ankit Metal & Power+42.8%
- Nilachal Carbo Metalicks+23.5%
- S.A.L. Steel Ltd+19.8%
Worst shares, 3 months
Companies
Click a column to sort.
| Signs (90 days) | |||||||
|---|---|---|---|---|---|---|---|
| JSW Steel JSWSTEEL | Iron & Steel | ₹ 2,90,275.38 Cr. | +20.7% | +225.6% | 18.5 | −1.9% | Expansion or acquisition |
| Tata Steel TATASTEEL | Iron & Steel | ₹ 2,08,785.58 Cr. | +14.3% | +18.8% | 17.7 | −8.5% | |
| Steel Authority of India SAIL | Iron & Steel | ₹ 68,146.52 Cr. | +1.2% | +120.7% | 14.1 | +0.1% | Strong results |
| Jindal Stainless JSL | Iron & Steel | ₹ 56,394.06 Cr. | +18.2% | +11.1% | 17.2 | −3.2% | Credit rating raised |
| KIOCL KIOCL | Sponge Iron | ₹ 19,599.49 Cr. | +73.6% | Loss | 501.7 | −10.8% | Rating outlook raised |
| Sarda Energy & Minerals SARDAEN | Iron & Steel | ₹ 15,786.69 Cr. | −1.5% | +9.4% | 13.9 | −13.1% | Credit rating raised |
| NMDC Steel NSLNISP | Iron & Steel | ₹ 11,024.94 Cr. | +8.8% | +96.2% | 131.6 | −8.7% | Credit rating raised |
| Vedanta Iron And Steel Ltd VISL | Iron & Steel | ₹ 10,253.04 Cr. | — | — | 17.3 | −9.2% | Strong resultsAction by a regulator |
| Sandur Manganese & Iron Ores Ltd SANDUMA | Iron & Steel | ₹ 7,560.36 Cr. | +21.1% | +36.5% | 10.3 | −21.8% | |
| Kirloskar Ferrous Industries KIRLFER | Pig Iron | ₹ 7,399.75 Cr. | +4.4% | −65.1% | 19.3 | −4.7% | |
| Jai Balaji Industries JAIBALAJI | Iron & Steel | ₹ 5,818.36 Cr. | +24% | +19.7% | 19.8 | +4% | Credit rating cut |
| Maithan Alloys MAITHANALL | Ferro & Silica Manganese | ₹ 2,320.65 Cr. | −14.6% | −26.4% | 7.9 | −19% | Action by a regulator |
| Prakash Industries PRAKASH | Iron & Steel | ₹ 1,972.28 Cr. | −0.5% | −22% | 5.2 | −11% | |
| Manaksia Steels MANAKSTEEL | Iron & Steel | ₹ 678.03 Cr. | +50.2% | +266.7% | 12 | +49.3% | |
| VISA Chrome Ltd VISACHROME | Ferro & Silica Manganese | ₹ 467.84 Cr. | −29.6% | Loss | 10.2 | −17.5% | |
| Vraj Iron and Steel VRAJ | Sponge Iron | ₹ 394.08 Cr. | +40.6% | +50% | 11 | −1.1% | |
| Scan Steels SCANSTL | Iron & Steel | ₹ 277.23 Cr. | +11.2% | +30% | 11.3 | −27.8% | |
| Chaman Metallics CMNL | Sponge Iron | ₹ 265.48 Cr. | +255.7% | Loss | 43.6 | +12.8% | Strong results |
| Nilachal Carbo Metalicks 544510 | Ferro & Silica Manganese | ₹ 250.14 Cr. | — | — | 23.9 | +23.5% | |
| Jainam Ferro Alloys (I) JAINAM | Ferro & Silica Manganese | ₹ 235.4 Cr. | +7.8% | — | 37.7 | −20.4% | |
| Nagpur Power & Industries Ltd 532362 | Ferro & Silica Manganese | ₹ 167.54 Cr. | +9.6% | Loss | 106.5 | −0.8% | |
| Vaswani Industries VASWANI | Sponge Iron | ₹ 138.38 Cr. | +3.1% | −78.8% | 18.4 | −21% | Promoters buying |
| Owais Metal and Mineral Processing OWAIS | Ferro & Silica Manganese | ₹ 123.73 Cr. | −100% | Loss | 75 | −32.5% | |
| KIC Metaliks Ltd 513693 | Iron & Steel | ₹ 105.39 Cr. | +50.2% | — | 2.7 | −11.9% | |
| Shyam Century Ferrous SHYAMCENT | Ferro & Silica Manganese | ₹ 102.96 Cr. | −97.7% | Loss | 6.6 | −2% | |
| Bihar Sponge Iron 500058 | Sponge Iron | ₹ 102.81 Cr. | −100% | +17% | 8.9 | −6.1% | |
| Indsil Hydro Power and Manganese 522165 | Ferro & Silica Manganese | ₹ 97.55 Cr. | −1.3% | −17.7% | 6.5 | −13.1% | |
| Shri Hare-Krishna Sponge Iron SHKSIL | Sponge Iron | ₹ 56.61 Cr. | — | — | 9.1 | −30.3% | |
| Facor Alloys 532656 | Ferro & Silica Manganese | ₹ 55.93 Cr. | — | — | 13.4 | −19.1% | |
| Impex Ferro Tech IMPEXFERRO | Ferro & Silica Manganese | ₹ 52.49 Cr. | — | Loss | 9 | +140.4% | |
| Ankit Metal & Power ANKITMETAL | Iron & Steel | ₹ 35.28 Cr. | −25.4% | Loss | 2.5 | +42.8% | |
| QVC Exports QVCEL | Ferro & Silica Manganese | ₹ 23.1 Cr. | −19.4% | −80% | 6.9 | −2.5% | |
| Chrome Silicon 513005 | Ferro & Silica Manganese | ₹ 16.36 Cr. | +625% | Loss | 15.5 | −8.6% | |
| Indian Metals & Ferro Alloys Ltd IMFA | Ferro & Silica Manganese | — | +49.5% | +107.5% | 11.3 | −20.4% | |
| Jindal Steel JINDALSTEL | Iron & Steel | — | +42.7% | +21.4% | 32.1 | −2.6% | Strong results |
| S.A.L. Steel Ltd SALSTEEL | Sponge Iron | — | −31.6% | — | 29.5 | +19.8% |
Figures are medians and shares of companies, so one giant company cannot outweigh the rest. Results compare each company's latest quarter with the same quarter a year earlier; ratings and announcements cover the last 90 days (announcements are read by AI and can be wrong). This page adds up published data; it is not a recommendation to buy or sell anything.