Steel plays a significant part in the construction industry. Being the skeleton of the design, it provides fundamental support and strength. Steel is a mixture of iron, carbon, and a variety of other elements. They feature great tensile strength and structural integrity, making them one-of-a-kind.
Currently, there are numerous brands of steel in the market, and filtering out the best one leads you to your wit’s end. Here, we make it easier for you by bringing the top 10 steel companies that are listed in indian share market with their market capitalization.
Steel Companies in Indian Share Market
|Sr. No||Stock Name||Market Capitalization|
|1.||JSW Steel Limited||1,64,072.55|
|2.||TATA Steel Limited||1,59,130.50|
|3.||Jindal Steel and Power Limited||49,739.50|
|4.||Steel Authority of India Limited (SAIL)||41,057.42|
|5.||Bharat Forge Ltd||31,150.21|
|7.||Jindal Stainless Ltd||9,472.77|
|8.||Shyam Metalics and Energy Ltd||9,158.67|
|9.||Jindal Stainless (Hisar) Ltd||8,527.86|
|10.||Apollo Tricoat Tubes Ltd||5,345.23|
|11.||Hindalco Industries Limited||1,32,119|
|12.||Tata Steel Long Products Limited (TSLP)||3,400|
|13.||Godawari Power & Ispat Ltd.||5,334.77|
JSW Steel Limited
JSW Steel Ltd is an Indian multinational steel making company based in the city of Mumbai, India, a subsidiary of JSW Group. After the merger of ISPAT steel, JSW Steel has one of the best India’s largest private sector steel companies. It is a holding company engaged in the business of production and distribution of iron and steel products. The market capitalization of the company is ₹1,64,072 cr and it is ranked 30 in Nify Fifty.
TATA Steel Limited
TATA Steel Limited is a diversified steel producer, engaged in the business of steel making, including raw material and finishing operations. Tata Steel is an Indian multinational steel-making company based in Jamshedpur, Jharkhand, and is headquartered in Mumbai, Maharashtra, India. It is a subsidiary of the Tata Group. It is a Large Cap Steel company of indian stock market and the market capitalization of the company is ₹1,59,130 cr. The Tata Steel Ltd ranked 31 on NSE (Nify Fifty).
Jindal Steel and Power Limited
Jindal Steel and Power Limited is an Indian steel and energy company based in New Delhi, India. JSPL is a leading player in steel, power, mining, oil and gas and infrastructure in India. It is part of the Jindal Group conglomerate. The market capitalizaion of the company is ₹49,739 cr. It is a Large Cap Steel company of indian stock market.
Steel Authority of India Limited (SAIL)
Steel Authority of India Limited is a government owned steel producer based in New Delhi, India. It is under the ownership of Ministry of Steel, Government of India. Steel Authority of India Limited is engaged in the manufacturing of flat products, such as hot rolled coils, HR plates, cold rolled coils, pipes and electric sheets, long products, such as thermo mechanically treated bars and wire rods. It is MidCap size steel company that is listed in indian share market and the total turnover of the company is ₹41,057 cr.
Bharat Forge Ltd
Bharat Forge Limited is engaged in the business of steel forgings, finished machined crankshafts, and front axles assembly and components. The company engaged in forging, automotives, energy, construction and mining, railways, marine, aerospace and defence industries. The Company’s segments include Forgings and Projects (Capital goods). It is midcap steel company that has ₹31,150 cr annual turnover.