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Indian (NIFTY) Metals and Mining Industry Analysis

UpdatedFeb 28, 2024
DataAggregated Company Financials
Companies184
  • 7D-0.5%
  • 3M12.6%
  • 1Y47.1%
  • YTD0.5%

The Metals and Mining industry has been flat over the last week, but NMDC has lost 6.6%. As for the the longer term, the industry is up 47% over the past 12 months. Looking forward, earnings are forecast to grow by 34% annually.

Industry Valuation and Performance

Has the Indian Metals and Mining Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 28 Feb 2024₹14.6t₹12.7t₹672.0b23.7x21.7x1.2x
Fri, 26 Jan 2024₹14.6t₹12.9t₹631.8b24.4x23.2x1.1x
Sun, 24 Dec 2023₹14.2t₹12.9t₹597.0b22.1x23.7x1.1x
Tue, 21 Nov 2023₹13.0t₹12.9t₹596.5b20.7x21.8x1x
Thu, 19 Oct 2023₹12.9t₹12.8t₹630.3b20.4x20.5x1x
Sat, 16 Sep 2023₹12.9t₹12.8t₹628.5b18.7x20.6x1x
Mon, 14 Aug 2023₹12.2t₹12.8t₹628.5b16.5x19.4x1x
Wed, 12 Jul 2023₹11.6t₹12.8t₹727.7b15.5x15.9x0.9x
Fri, 09 Jun 2023₹10.8t₹12.8t₹731.1b15.4x14.8x0.8x
Sun, 07 May 2023₹10.6t₹12.6t₹823.8b14.8x12.9x0.8x
Tue, 04 Apr 2023₹10.2t₹12.8t₹915.5b13.8x11.1x0.8x
Thu, 02 Mar 2023₹10.2t₹12.8t₹915.9b13.6x11.1x0.8x
Sat, 28 Jan 2023₹10.9t₹12.7t₹1.1t13.9x9.8x0.9x
Mon, 26 Dec 2022₹9.8t₹12.7t₹1.2t13x8.4x0.8x
Wed, 23 Nov 2022₹10.0t₹12.7t₹1.2t12.8x8.5x0.8x
Fri, 21 Oct 2022₹9.3t₹12.4t₹1.5t12.9x6.2x0.7x
Sun, 18 Sep 2022₹9.6t₹12.4t₹1.5t13.5x6.4x0.8x
Tue, 16 Aug 2022₹9.3t₹12.3t₹1.5t12.4x6.2x0.8x
Thu, 14 Jul 2022₹8.2t₹11.7t₹1.6t12.6x5.1x0.7x
Sat, 11 Jun 2022₹8.9t₹11.6t₹1.6t11.8x5.6x0.8x
Mon, 09 May 2022₹10.4t₹10.9t₹1.6t13.4x6.6x1x
Wed, 06 Apr 2022₹11.5t₹10.6t₹1.5t13.4x7.5x1.1x
Fri, 04 Mar 2022₹11.0t₹10.9t₹1.6t12.3x6.9x1x
Sun, 30 Jan 2022₹10.0t₹10.3t₹1.5t14x6.7x1x
Tue, 28 Dec 2021₹9.9t₹10.0t₹1.5t12.1x6.7x1x
Thu, 25 Nov 2021₹10.1t₹10.0t₹1.5t11x6.8x1x
Sat, 23 Oct 2021₹10.6t₹9.2t₹1.2t12.2x8.7x1.1x
Mon, 20 Sep 2021₹10.3t₹9.0t₹1.1t11.3x9x1.1x
Wed, 18 Aug 2021₹10.5t₹9.0t₹1.1t11.1x9.1x1.2x
Wed, 02 Jun 2021₹9.5t₹7.7t₹678.7b12.1x14x1.2x
Sat, 06 Mar 2021₹6.9t₹7.0t₹230.7b14.3x29.8x1x
Price to Earnings Ratio

29.8x


Total Market Cap: ₹6.9tTotal Earnings: ₹230.7bTotal Revenue: ₹7.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Metals and Mining Industry Price to Earnings3Y Average 11.5x202220232024
Current Industry PE
  • Investors are optimistic on the Indian Metals and Mining industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 21.7x which is higher than its 3-year average PE of 11.5x.
  • The 3-year average PS ratio of 0.95x is lower than the industry's current PS ratio of 1.2x.
Past Earnings Growth
  • The earnings for companies in the Metals and Mining industry have grown 43% per year over the last three years.
  • Revenues for these companies have grown 22% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Indian Materials industry?

IN Market0.13%
Materials-0.83%
Metals and Mining-0.48%
Copper1.18%
Precious Metals and Minerals0%
Silver0%
Steel-0.31%
Gold-0.37%
Aluminum-0.98%
Diversified Metals and Mining-1.09%
Industry PE
  • Investors are most optimistic about the Gold industry which is trading above its 3-year average PE ratio.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Aluminum industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 10.0x.
Forecasted Growth
  • Analysts are most optimistic on the Steel industry, expecting annual earnings growth of 41% over the next 5 years.
  • This is better than its past earnings growth rate of 25% per year.
  • In contrast, the Aluminum industry is expected to see its earnings grow by 13% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
JAIBALAJI Jai Balaji Industries₹1.25k15.0%
+₹26.1b
2,432.4%PE33.8x
JSL Jindal Stainless₹660.103.5%
+₹18.3b
143.4%PE18.3x
513599 Hindustan Copper₹254.053.4%
+₹8.0b
147.7%PE81x
533758 APL Apollo Tubes₹1.46k2.0%
+₹7.9b
16.1%PE53.1x
GRAVITA Gravita India₹945.755.1%
+₹3.1b
105.9%PE27.3x
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Latest News

JSL

₹660.10

Jindal Stainless

7D

3.5%

1Y

143.4%

513599

₹254.05

Hindustan Copper

7D

3.4%

1Y

147.7%

517146

₹315.25

Usha Martin

7D

3.1%

1Y

77.2%

500470

₹140.75

Tata Steel

7D

-2.2%

1Y

33.4%

JAIBALAJI

₹1,248.45

Jai Balaji Industries

7D

15.0%

1Y

2,432.4%

500228

₹798.20

JSW Steel

7D

-3.6%

1Y

17.9%

VEDL

₹262.95

Vedanta

7D

-2.6%

1Y

-5.6%

526371

₹222.75

NMDC

7D

-4.2%

1Y

94.5%

SAIL

₹121.75

Steel Authority of India

7D

-6.5%

1Y

42.8%

500440

₹503.75

Hindalco Industries

7D

-1.6%

1Y

22.0%

JINDALSTEL

₹755.25

Jindal Steel & Power

7D

-2.1%

1Y

31.9%

500235

₹861.70

Kalyani Steels

7D

5.5%

1Y

174.9%

534600

₹265.20

JTL Industries

7D

3.9%

1Y

65.6%

533758

₹1,462.10

APL Apollo Tubes

7D

2.0%

1Y

16.1%