DSIJ Mindshare

These Metals Sector stocks jumped over 108 per cent in just one month; do you have any?
Kiran Shroff
/ Categories: Trending, Mindshare

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

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?

Previous Article Watch out for these Telecom Sector stocks that have ascended over 38 per cent in just 1 month; do you own any?
Next Article Watch out for these Textile Sector stocks that scrambled over 117 per cent in just 1 month; do you hold any?
Print
1036 Rate this article:
3.8
Please login or register to post comments.
DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR