Based on current RS Ratings, the strongest Ferrous Metals stocks in India are Impex Ferro Tech Ltd. (RS 99), SAL Steel Ltd. (RS 96), Ankit Metal & Power Ltd. (RS 93). These stocks have the highest relative strength compared to all other stocks in the market. RS Rating is updated daily on sharpely. Currently, 5 of 40 stocks (13%) in this group have an RS Rating above 80, placing them in the market's strongest 20%.
Ferrous Metals Stocks in India
40 stocks · 4 industriesNSE Industry GroupPart of Metals & Mining sectorUpdated 15 Oct 2026
Market Statistics
Breadth — stocks above 200 EMA
30%
Weak — 30% above 200 EMA
RS Rating — in market's strongest 20%
5 of 40
13% of stocks are top performers
Average P/E
7.4x
Industry group average
Stocks outperforming Nifty 50 (1Y)
43.3%
Moderate — 43.3% beat Nifty
Current outlook
Auto‑updated dailyThe Ferrous Metals industry group shows weak breadth - only 30% of 40 stocks above 200 EMA. On the relative strength front, 5 of 40 stocks (13%) carry an RS Rating in the market's strongest 20%, suggesting some pockets of strength but limited overall leadership.
From a valuation perspective, attractive valuation - the group trades at a average P/E of 7.4x, which is 37% below the sector average of 11.8x, potentially offering a margin of safety. Meanwhile, moderate relative performance — 43.3% of stocks beat Nifty 50 in the last year.
Within the group, Pig Iron shows the strongest breadth at 100% above 200 EMA, while Ferro & Silica Manganese is lagging at 22%. This significant divergence suggests rotation within the group, with investors favouring Pig Iron over Ferro & Silica Manganese.
Last updated: 15 Oct 2026 · Based on end‑of‑day data
Top stocks by RS Rating
5 of 40 stocks (13%) are in the market's strongest 20% — showing top 4 stocks by RS Rating
All stocks in Ferrous Metals
40 stocks across 4 industries
Stocks
14
P/E
3.1x
ROCE
9.9%
Above 200 EMA
22%
RS Stars
1 of 14
| Company | RS Rating | Market Cap (Cr) | P/E | ROCE % | PAT Margin % | 1Y Return | 200 EMA |
|---|---|---|---|---|---|---|---|
Indian Metals & Ferro Alloys Ltd. | 43 | 6,472.32 | 20.1 | 16.3 | 10.2 | +2.9% | ↓ No |
Pondy Oxides & Chemicals Ltd. | 30 | 3,323.81 | 23.3 | 22.6 | 4.3 | -15.0% | ↓ No |
Maithan Alloys Ltd. | 32 | 2,571.03 | 8.8 | 5.4 | 14.1 | -21.1% | ↓ No |
VISA Chrome Ltd. | 22 | 470.173 | 0.5 | -11.7 | 202.3 | -38.4% | ↓ No |
Nilachal Carbo Metalicks Ltd. | — | 277.064 | 96.4 | 4.9 | 3.0 | — | ↑ Yes |
Jainam Ferro Alloys (I) Ltd. | — | 236.562 | 36.3 | 3.2 | 3.2 | — | ↓ No |
Nagpur Power & Industries Ltd. | 79 | 215.953 | — | -0.3 | -3.1 | +66.4% | ↑ Yes |
Owais Metal & Mineral Processing Ltd. | 1 | 122.456 | 74.2 | 3.4 | 1.3 | -87.2% | ↓ No |
Showing 8 of 14 stocksView all →
Stocks
2
P/E
15.6x
ROCE
12.1%
Above 200 EMA
100%
RS Stars
0 of 2
| Company | RS Rating | Market Cap (Cr) | P/E | ROCE % | PAT Margin % | 1Y Return | 200 EMA |
|---|---|---|---|---|---|---|---|
Kirloskar Ferrous Industries Ltd. | 57 | 7,431.79 | 15.0 | 12.4 | 7.1 | -14.4% | ↓ No |
Sathavahana Ispat Ltd. | — | 12.725 | — | — | — | — | ↓ No |
Showing 2 of 2 stocksView all →
Stocks
10
P/E
27.1x
ROCE
22.1%
Above 200 EMA
43%
RS Stars
1 of 10
| Company | RS Rating | Market Cap (Cr) | P/E | ROCE % | PAT Margin % | 1Y Return | 200 EMA |
|---|---|---|---|---|---|---|---|
Lloyds Metals & Energy Ltd. | 80 | 1,02,080 | 21.4 | 26.5 | 21.6 | +40.0% | ↑ Yes |
KIOCL Ltd. | 50 | 22,438.199 | 577.1 | -3.6 | 5.7 | -28.8% | ↓ No |
SAL Steel Ltd. | 96 | 1,203.74 | 96.8 | 1.0 | 7.4 | +205.5% | ↑ Yes |
Vraj Iron & Steel Ltd. | 37 | 407.67 | 11.3 | 7.8 | 5.6 | -17.6% | ↓ No |
Chaman Metallics Ltd. | 67 | 277.552 | — | 5.2 | -0.8 | -27.7% | ↓ No |
Showing 5 of 10 stocksView all →
Stocks
14
P/E
14.9x
ROCE
10.0%
Above 200 EMA
23%
RS Stars
3 of 14
| Company | RS Rating | Market Cap (Cr) | P/E | ROCE % | PAT Margin % | 1Y Return | 200 EMA |
|---|---|---|---|---|---|---|---|
JSW Steel Ltd. | 59 | 2,98,700 | 12.1 | 11.0 | 13.1 | +4.8% | ↓ No |
Tata Steel Ltd. | 48 | 2,20,272 | 20.0 | 11.9 | 4.6 | +2.7% | ↓ No |
Jindal Steel Ltd. | 50 | 1,04,213 | 38.3 | 9.2 | 4.8 | +1.0% | ↓ No |
Steel Authority Of India Ltd. | 72 | 70,338.703 | 16.5 | 6.4 | 3.8 | +29.2% | ↑ Yes |
Jindal Stainless Ltd. | 52 | 59,735 | 18.4 | 17.8 | 7.4 | -3.8% | ↓ No |
Showing 5 of 14 stocksView all →
Showing 4 of 4 industriesExplore complete stock list with fundamentals & technical data
Explore Ferrous Metals →Market breadth breakdown
Percentage of stocks in this group meeting each technical condition — updated daily
Above 200 EMA
30%
Above 200 SMA
33%
Above 50 EMA
23%
Above 50 SMA
23%
Outperf Nifty 50 (1Y)
43%
Outperf Nifty 50 (6M)
47%
Outperf Nifty 50 (3M)
53%
RSI above 70
0%
RSI below 30
0%
Near 52W High
3%