Based on current RS Ratings, the strongest Ferrous Metals stocks in India are SAL Steel Ltd. (RS 97), Impex Ferro Tech Ltd. (RS 97), Scan Steels Ltd. (RS 96). These stocks have the highest relative strength compared to all other stocks in the market. RS Rating is updated daily on sharpely. Currently, 6 of 40 stocks (15%) 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 9 Aug 2026
Market Statistics
Breadth — stocks above 200 EMA
39%
Weak — 39% above 200 EMA
RS Rating — in market's strongest 20%
6 of 40
15% of stocks are top performers
Average P/E
8.2x
Industry group average
Stocks outperforming Nifty 50 (1Y)
48.4%
Moderate — 48.4% beat Nifty
Current outlook
Auto‑updated dailyThe Ferrous Metals industry group shows weak breadth - only 39% of 40 stocks above 200 EMA. On the relative strength front, 6 of 40 stocks (15%) 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 8.2x, which is 40% below the sector average of 13.7x, potentially offering a margin of safety. Meanwhile, moderate relative performance — 48.4% of stocks beat Nifty 50 in the last year.
Within the group, Iron & Steel shows the strongest breadth at 54% above 200 EMA, while Pig Iron is lagging at 0%. This significant divergence suggests rotation within the group, with investors favouring Iron & Steel over Pig Iron.
Last updated: 9 Aug 2026 · Based on end‑of‑day data
Top stocks by RS Rating
6 of 40 stocks (15%) 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
3.8x
ROCE
9.9%
Above 200 EMA
20%
RS Stars
3 of 14
| Company | RS Rating | Market Cap (Cr) | P/E | ROCE % | PAT Margin % | 1Y Return | 200 EMA |
|---|---|---|---|---|---|---|---|
Indian Metals & Ferro Alloys Ltd. | 84 | 7,943.11 | 24.7 | 16.3 | 10.2 | +99.6% | ↑ Yes |
Pondy Oxides & Chemicals Ltd. | 45 | 3,674.31 | 25.8 | 22.6 | 4.3 | +1.0% | ↓ No |
Maithan Alloys Ltd. | 49 | 2,825.9 | 6.5 | 5.4 | 20.0 | -12.3% | ↓ No |
VISA Chrome Ltd. | 28 | 554.002 | 0.5 | -11.7 | 187.0 | +5.6% | ↓ No |
Jainam Ferro Alloys (I) Ltd. | — | 275.208 | 42.2 | 3.2 | 3.2 | — | ↓ No |
Nagpur Power & Industries Ltd. | 92 | 233.109 | — | -0.3 | -2.5 | +66.7% | ↑ Yes |
Nilachal Carbo Metalicks Ltd. | — | 213.375 | 74.2 | 4.9 | 3.0 | — | — |
Owais Metal & Mineral Processing Ltd. | 1 | 167.002 | 101.2 | 3.4 | 1.3 | -80.8% | ↓ No |
Showing 8 of 14 stocksView all →
Stocks
2
P/E
14.9x
ROCE
12.1%
Above 200 EMA
0%
RS Stars
0 of 2
| Company | RS Rating | Market Cap (Cr) | P/E | ROCE % | PAT Margin % | 1Y Return | 200 EMA |
|---|---|---|---|---|---|---|---|
Kirloskar Ferrous Industries Ltd. | 45 | 7,331.37 | 14.8 | 12.4 | 7.1 | -23.9% | ↓ No |
Sathavahana Ispat Ltd. | — | 12.725 | — | — | — | — | ↓ No |
Showing 2 of 2 stocksView all →
Stocks
10
P/E
31.9x
ROCE
22.1%
Above 200 EMA
43%
RS Stars
2 of 10
| Company | RS Rating | Market Cap (Cr) | P/E | ROCE % | PAT Margin % | 1Y Return | 200 EMA |
|---|---|---|---|---|---|---|---|
Lloyds Metals & Energy Ltd. | 93 | 1,18,719 | 32.3 | 26.5 | 21.5 | +39.0% | ↑ Yes |
KIOCL Ltd. | 70 | 23,808.6 | 1436.8 | -3.6 | 2.7 | +19.7% | ↑ Yes |
SAL Steel Ltd. | 97 | 893.936 | — | 1.0 | -0.2 | +295.6% | ↑ Yes |
Vraj Iron & Steel Ltd. | 39 | 406.12 | 12.7 | 7.8 | 5.4 | -25.7% | ↓ No |
Chaman Metallics Ltd. | 12 | 233.989 | — | 5.2 | -0.8 | -32.2% | ↓ No |
Showing 5 of 10 stocksView all →
Stocks
14
P/E
15.0x
ROCE
10.0%
Above 200 EMA
54%
RS Stars
1 of 14
| Company | RS Rating | Market Cap (Cr) | P/E | ROCE % | PAT Margin % | 1Y Return | 200 EMA |
|---|---|---|---|---|---|---|---|
JSW Steel Ltd. | 73 | 3,23,359 | 13.0 | 11.0 | 13.1 | +25.2% | ↑ Yes |
Tata Steel Ltd. | 60 | 2,34,690 | 21.3 | 11.9 | 4.6 | +16.5% | ↓ No |
Jindal Steel Ltd. | 56 | 1,11,599 | 41.1 | 9.2 | 4.8 | +12.2% | ↓ No |
Steel Authority Of India Ltd. | 79 | 72,936.797 | 17.1 | 6.4 | 3.8 | +42.2% | ↑ Yes |
Jindal Stainless Ltd. | 55 | 60,559.301 | 18.6 | 17.8 | 7.4 | +7.9% | ↑ Yes |
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
39%
Above 200 SMA
35%
Above 50 EMA
48%
Above 50 SMA
39%
Outperf Nifty 50 (1Y)
48%
Outperf Nifty 50 (6M)
77%
Outperf Nifty 50 (3M)
23%
RSI above 70
0%
RSI below 30
0%
Near 52W High
19%