Multibagger Metal Stocks; 5 Metal Stocks Doubled Share Holders' Money In A Year

The real estate industry relies heavily on iron and steel. Given the excellent development prospects for the residential and commercial construction industries, demand these metals is expected to continue. Steel, zinc, and aluminum manufacturers continue to benefit from infrastructure initiatives.

India is the world's second-largest crude steel producer, with an output of 99.6 MT last year. Crude steel demand/production is expected to reach 255 MT by 2030-31. Due to reforms such as the Make in India Campaign, Smart Cities, Rural Electrification, and a focus on building renewable energy projects under the National Electricity Policy, as well as increased infrastructure development, India's metals, and mining sector is expected to undergo significant changes in the coming years. Here are the 5 best performing metal stocks from NSE Metal Index in the last year.

Multibagger Metal Stock: Adani Enterprises

The Adani Group is a multinational conglomerate based in Ahmedabad, India. Gautam Adani started it in 1988 as a commodity trading corporation, with Adani Enterprises Limited as its centerpiece. Only 5.04 percent of trading sessions in the last 16 years had intraday gains of more than 5%. The stock returned 1072.54 percent over three years, compared to 58.78 percent for the Nifty 100.
In the most recent quarter, the company generated a net profit after tax of Rs 196.78 crore. Adani Enterprises Ltd. has declared an equity dividend of Rs 1.00 per share in the last 12 months.

Market Cap (Rs. in Cr.): 170223.11
Earning Per Share: Rs. 6.43
Price To Earnings (P/E) Ratio: 240.79
Book Value Per Share: Rs. 35.33

Multibagger Metal Stock: Hindustan Copper

Central Public Sector Enterprise under India's Ministry of Mines. Only 4.12 percent of trading sessions in the last 11 years had intraday gains of more than 5%. Annual sales growth of 104.95 percent surpassed the company's three-year CAGR of 2.08 percent.

The stock returned 156.99 percent over three years, compared to 75.85 percent for the Nifty Midcap 100. Over a three-year period, Hindustan Copper gained 156.99 percent, while Nifty Metal provided investors a 59.83 percent gain. In the most recent quarter, the company generated a net profit after tax of Rs 45.63 crore.

Market Cap (Rs. in Cr.): 11546.27
Earning Per Share: Rs. 1.31
Price To Earnings Ratio: 91.30
Book Value Per Share: Rs. 6.97

Multibagger Metal Stock: Tata Steel

Tata Steel Limited, headquartered in Mumbai, Maharashtra, India, is an Indian multinational steel-making corporation centered in Jamshedpur, Jharkhand. The Tata Group owns the company.

The stock returned 133.13 percent over three years, compared to 58.78 percent for the Nifty 100. Over a three-year period, the stock returned 133.13 percent, while the Nifty Metal provided investors a 59.83 percent gain. In the most recent quarter, the company generated a net profit after tax of Rs 9,646.07 crore. Tata Steel Ltd. has issued an equity dividend of Rs 25.00 per share in the last 12 months.

Market Cap (Rs. in Cr.): 158931.72
Earning Per Share: Rs. 159.40
Price To Earnings Ratio: 8.28
Book Value Per Share: Rs. 658.30

Multibagger Metal Stocks: Steel Authority of India

Steel Authority of India (SAIL) Ltd., founded in 1973, is a Large Cap business in the Metals - Ferrous sector with a market cap of Rs 49,463.04 crore. Only 4.05 percent of trading sessions in the last 16 years had intraday gains of more than 5%. Annual sales growth of 11.83 percent surpassed the company's three-year CAGR of 6.4 percent.

The stock returned 82.55 percent over three years, compared to 58.78 percent for the Nifty 100 index. In the last three-year period, the stock returned 82.55 percent, while the Nifty Metal provided investors a 59.83 percent return. In the most recent quarter, the company posted a net profit after tax of Rs 3,835.81 crore.

Market Cap (Rs. in Cr.): 49525.00
Earning Per Share: Rs. 21.72
Price To Earnings Ratio: 5.52
Book Value Per Share: Rs. 94.18

Multibagger Metal Stocks: National Aluminium

National Aluminium Business Ltd., founded in 1981, is a Mid Cap company in the Metals - Non-Ferrous sector with a market capitalization of Rs 19,229.53 crore. Only 3.83 percent of trading sessions in the last 16 years had intraday gains of more than 5%.

In the fiscal year ended March 31, 2021, the company generated a return on equity of 12.16 percent, surpassing its five-year average of 9.99 percent. The stock returned 61.37 percent over three years, compared to 75.85 percent for the Nifty Midcap 100. In the last three-year period, the stock delivered a 61.37 percent return, while the Nifty Metal provided investors a 59.83 percent return. In the most recent quarter, the company generated a net profit after tax of Rs 347.73 crore.

5 Multibagger Metal Stocks Doubled Share Holders' Money In A Year

Metal Stocks	Price in Rs.	1-Year Return (NSE)
Adani Enterprises	1,549.40	374.40%
Hindustan Copper	119.75	260.69%
Tata Steel	1,324	246.32%
S A I L	120.70	243.39%
Natl. Aluminium	104.15	222.95%

Disclaimer

Investors should note that investing in stocks is risky and neither the author, nor Greynium Information Technologies Pvt Ltd, nor the brokerage would be responsible for losses based on a decision from the above article. The above article is only for educational purposes.