Nifty Metal
NSESector15 companies
- P/EPrice to earnings of an index. The index's P/E as the exchange publishes it with the close: its members' market value divided by their profit over the last twelve months, each member counted as the index weighs it.
- 14.93
- P/BPrice to book of an index. The index's P/B as the exchange publishes it: its members' market value divided by their net worth, the assets they own less everything they owe.
- 2.44
- Dividend yieldDividend yield of an index. The index's dividend yield as the exchange publishes it: dividends its members paid over the last twelve months as a percentage of their market value.
- 1.86%
- 1MOne-month return of an index. The latest close against the close a month earlier, on the same date or the last trading day before it, as a percentage.
- −13.71%
- 3MThree-month return of an index. The latest close against the close three months earlier, on the same date or the last trading day before it, as a percentage.
- −7.95%
- 1YOne-year return of an index. The latest close against the close a year earlier, on the same date or the last trading day before it, as a percentage.
- +12.07%
P/E against its own past
Where today's P/E sits among every trading day of each window: the dot is today, the tick the middle day.
P/E at each month's last trading day, and on 23 Oct 2026
What the Nifty Metal companies earned
Each quarter against the same quarter a year earlier, added up over today's members that filed both. A quarter fewer than 60% of them filed is left out.
- 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 14 companies that filed both.
- +16.2%quarter to Jun 2026
- Profit growthProfit growth, against a year earlier. Profit of the quarter to Jun 2026 against the same quarter a year earlier, added up over the 14 companies that filed both and made a profit a year earlier.
- +55.7%quarter to Jun 2026
- Filed the quarterCompanies that filed the quarter. How many of the index's 15 listed companies have filed results for the quarter to Jun 2026; the growth figures are theirs.
- 15of 15
- Median ROCEMedian return on capital employed. The middle figure of the 14 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.
- 16.3%year to Mar 2026
Growth against the same quarter a year earlier, per cent
- Revenue growth
- Profit growth
- Loss
Revenue grew against a year earlier in 9 of the 12 quarters shown.Fastest profit growth +320.5%, quarter to Sep 2024.
The largest companies
The 12 largest companies in the Nifty Metal, each sized by its market cap.
Market cap, ₹ crore
- Adani Enterprises₹3,35,317 Cr
- JSW Steel₹2,89,909 Cr
- Hindustan Zinc₹2,09,576 Cr
- Tata Steel₹2,09,311 Cr
- Hindalco Industries₹1,95,475 Cr
- Vedanta Aluminium Metal₹1,34,654 Cr
- Jindal Steel₹1,03,631 Cr
- Lloyds Metals and Energy₹1,00,307 Cr
- Vedanta₹88,570 Cr
- Steel Authority of India₹67,881 Cr
- NMDC₹58,334 Cr
- Jindal Stainless₹56,671 Cr
Companies in the Nifty Metal
Largest first, by market cap.
Adani EnterprisesADANIENT · Metals & Minerals Trading₹2,477.00−2.86%₹3,35,317 Cr45.04.4%0.05%−2.7%
JSW SteelJSWSTEEL · Ferrous Metals₹1,185.50−2.83%₹2,89,909 Cr11.711.2%0.60%+4.2%
Hindustan ZincHINDZINC · Non - Ferrous Metals₹496.00−4.25%₹2,09,576 Cr10.175.2%2.22%+2.9%
Tata SteelTATASTEEL · Ferrous Metals₹167.67−2.70%₹2,09,311 Cr19.011.9%2.39%−3.7%
Hindalco IndustriesHINDALCO · Non - Ferrous Metals₹869.85−1.78%₹1,95,475 Cr11.913.6%0.57%+9.8%
Vedanta Aluminium MetalVAML · Non - Ferrous Metals₹344.35−4.19%₹1,34,654 Cr––2.32%–
Jindal SteelJINDALSTEL · Ferrous Metals₹1,015.90−2.03%₹1,03,631 Cr38.18.0%0.20%+0.7%
Lloyds Metals and EnergyLLOYDSME · Minerals & Mining₹1,781.50−1.36%₹1,00,307 Cr21.121.0%0.06%+34.5%
VedantaVEDL · Diversified MetalsDemerger₹226.50−3.56%₹88,570 Cr––4.02%+25.3%
Steel Authority of IndiaSAIL · Ferrous Metals₹164.34−3.19%₹67,881 Cr15.97.9%1.43%+27.1%
NMDCNMDC · Minerals & Mining₹66.35−3.67%₹58,334 Cr7.822.0%5.28%−10.6%
Jindal StainlessJSL · Ferrous Metals₹687.40−3.14%₹56,671 Cr17.016.1%0.58%−14.1%
APL Apollo TubesAPLAPOLLO · Industrial Products₹2,033.70−0.91%₹56,467 Cr45.927.9%0.42%+16.0%
National Aluminium CompanyNATIONALUM · Non - Ferrous Metals₹301.75−2.94%₹55,420 Cr8.238.9%3.81%+32.2%
Hindustan CopperHINDCOPPER · Non - Ferrous Metals₹399.05−3.27%₹38,589 Cr34.042.1%0.72%+20.7%
Changes to the list
Each list of the index's companies against the one before it. The date is the list's own, the day the new list was published.
30 Sep 2026against the list of 8 Sep 2026
1 joined · 1 leftJoined1 company
Left1 company
Funds that follow the Nifty Metal
8 funds with the Nifty Metal as the benchmark they measure themselves against, from each fund's latest monthly report.
ICICI Prudential Nifty Metal ETFETF · ICICI Prudential Mutual Fund1Y+16.18%3Y–5Y–Size₹996 CrCost0.51%
Mirae Asset Nifty Metal ETFETF · Mirae Asset Mutual Fund1Y+16.48%3Y–5Y–Size₹537 CrCost0.53%- Mirae Asset Nifty Metal ETF FOFFund of Funds · Mirae Asset Mutual Fund1Y–3Y–5Y–Size₹108 CrCost0.20%
HDFC Nifty Metal ETFETF · HDFC Mutual Fund1Y–3Y–5Y–Size₹76 CrCost0.59%- HDFC Nifty Metal ETF FOFFund of Funds · HDFC Mutual Fund1Y–3Y–5Y–Size₹70 CrCost0.13%
Groww Nifty Metal ETFETF · Groww Mutual Fund1Y–3Y–5Y–Size₹42 CrCost0.59%
Edelweiss Nifty Metal ETFETF · Edelweiss Mutual Fund1Y–3Y–5Y–Size₹6 CrCost1.09%
Motilal Oswal Nifty Metal ETFETF · Motilal Oswal Mutual Fund1Y–3Y–5Y–Size₹1 CrCost4.67%
About the Nifty Metal
An index of 15 companies: it shows how they have moved together, and its P/E is what the market pays for a year of their profit.
- Published by
- NSE
- Kind
- Sector
- CompaniesCompanies in an index. How many companies the index holds on its current list, which the exchange revises from time to time.
- 15
- List last changed
- 30 Sep 2026
- Above 200-day averageMembers above their 200-day average. The share of the index's members whose latest close is above their own average close of the last 200 trading days; members listed too recently to have one are left out.
- 2 of 14
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