Best Steel Stocks in India for 2026
Top-ranked Steel stocks in India. Steel producers earn the spread between iron-ore, scrap costs, and finished-steel pricing tied to industrial output; Health leverage gates names with no safety margin.
Steel producers earn the spread between iron-ore and scrap input costs and finished-steel pricing, which moves with industrial-production cycles plus trade-policy events. Composite scoring uses normalised mid-cycle EBITDA in the Valuation pillar and the Health pillar (net debt through the trough) gates names with no margin of safety.
Data as of (updated daily)
Top 20 Steel stocks in India by composite score
| # | Ticker | Name | Composite |
|---|---|---|---|
| 1 | WELCORP.NSE | Welspun Corp Limited | 67.7 |
| 2 | NMDC.NSE | NMDC Limited | 64.1 |
| 3 | KSL.NSE | Kalyani Steels Limited | 62.8 |
| 4 | KAMDHENU.NSE | Kamdhenu Limited | 62.2 |
| 5 | INCREDIBLE.NSE | INCREDIBLE INDUSTRIES LIMITED | 61.3 |
| 6 | RATNAVEER.NSE | Ratnaveer Precision Engineering Ltd | 61.3 |
| 7 | PRAKASH.NSE | Prakash Industries Limited | 60.9 |
| 8 | AEROENTER.NSE | Aeroflex Enterprises Limited | 60.4 |
| 9 | HARIOMPIPE.NSE | Hariom Pipe Industries Limited | 60.0 |
| 10 | SAIL.NSE | Steel Authority of India Limited | 59.6 |
| 11 | SANDUMA.NSE | SANDUR MANGANESE AND IRON ORES LTD | 59.6 |
| 12 | MANAKSTEEL.NSE | Manaksia Steels Limited | 59.5 |
| 13 | MANINDS.NSE | Man Industries (India) Limited | 59.4 |
| 14 | HITECH.NSE | Hi-Tech Pipes Limited | 58.8 |
| 15 | VENUSPIPES.NSE | Venus Pipes & Tubes Limited | 58.7 |
| 16 | JINDALSAW.NSE | Jindal Saw Limited | 58.3 |
| 17 | MAHSEAMLES.NSE | Maharashtra Seamless Limited | 57.9 |
| 18 | LLOYDSME.NSE | LLOYDS METALS AND ENERGY LTD. | 57.4 |
| 19 | APLAPOLLO.NSE | APL Apollo Tubes Limited | 55.7 |
| 20 | SARDAEN.NSE | Sarda Energy & Minerals Limited | 55.6 |
Customise the Steel + India screen
The full screener applies both filters and lets you stack 30+ more on top: market cap, dividend yield, and the four pillar scores.
Open in screener →Explore related pages
Steel in other countries
Other industries in India
Methodology: How we score stocks. Data refreshed nightly around 03:30 ET. This page lists the top 20 by composite score within the Steel industry, India. Use the screener for the full ranked list.