These Metals Sector stocks jumped over 108 per cent in just one month; do you have any?

These Metals Sector stocks jumped over 108 per cent in just one month; do you have any?

Kiran Shroff
/ Categories: Trending, Mindshare

The BSE Metals Index was up by 0.36 per cent and in just 1 month the index is up by 7.81 per cent. 

On Friday, BSE Sensex was up by 0.76 per cent at a level of 61,112.44. The BSE Metals Index was up by 0.36 per cent and in just 1 month the index is up by 7.81 per cent. 

India holds a fair advantage in production and conversion costs in steel and alumina. Its strategic location enables export opportunities to develop as well as fast-developing Asian markets. 

In 2023, the mineral’s demand is likely to increase by 3 per cent, driven by expanded electrification and overall economic growth in India.  India holds a fair advantage in the cost of production and conversion costs in steel and aluminium. 

Following are the Metals Sector companies that took flight over 108 per cent in just 1 month:  

Company Name 

LTP (Rs) 

1 Month Returns (%) 

Bombay Wire Ropes Ltd 

28.81 

53.33 

Gopal Iron & Steels Company (Gujarat) Ltd 

7.80 

50 

Black Box Ltd 

137.35 

38.68 

Mahamaya Steel Industries Ltd 

70.90 

35.31 

Narayani Steels Ltd 

104.55 

31.51 

National Steel & Agro Industries Ltd 

4.20 

30.43 

Jai Balaji Industries Ltd 

60.74 

29.95 

Astra Microwave Products Ltd 

307.70 

28.74 

SAL Steel Ltd 

18.13 

26.61 

NMDC Steel Ltd 

36.86 

19.68 

Do you hold any of these stocks in your portfolio?

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