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Indian (NIFTY) Diversified Metals and Mining Industry Analysis

UpdatedApr 06, 2026
DataAggregated Company Financials
Companies24
  • 7D3.3%
  • 3M-4.9%
  • 1Y41.4%
  • YTDn/a

The Diversified Metals and Mining industry is up 3.3% in the last week, with Vedanta up 5.9%. Meanwhile, Gravita India actually underperformed within the industry, shrinking 7.7% in the last week. This means that the industry has gained 41% over the past year. Looking forward, earnings are forecast to grow by 25% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 06 Apr 2026₹5.2t₹2.2t₹268.0b16.9x19.5x2.4x
Wed, 04 Mar 2026₹5.8t₹2.2t₹268.0b18.1x21.6x2.6x
Fri, 30 Jan 2026₹6.4t₹2.1t₹251.6b22.3x25.5x3x
Sun, 28 Dec 2025₹5.5t₹2.1t₹238.7b22.6x22.9x2.6x
Tue, 25 Nov 2025₹4.3t₹2.1t₹238.7b20.4x17.8x2x
Thu, 23 Oct 2025₹4.3t₹2.1t₹263.0b22.1x16.3x2.1x
Sat, 20 Sep 2025₹3.9t₹2.0t₹256.9b23.7x15.3x2x
Mon, 18 Aug 2025₹3.7t₹2.0t₹258.1b24.5x14.4x1.9x
Wed, 16 Jul 2025₹3.8t₹2.0t₹261.4b23.2x14.7x2x
Fri, 13 Jun 2025₹4.2t₹2.0t₹261.5b26.5x16.1x2.2x
Sun, 11 May 2025₹3.5t₹2.0t₹261.0b27.9x13.5x1.8x
Tue, 08 Apr 2025₹3.4t₹1.9t₹229.9b29.1x14.7x1.8x
Thu, 06 Mar 2025₹3.6t₹1.9t₹229.9b30.1x15.7x1.9x
Sat, 01 Feb 2025₹3.9t₹1.9t₹214.1b37.5x18.1x2.1x
Mon, 30 Dec 2024₹4.0t₹1.9t₹209.9b35.4x19.1x2.1x
Wed, 27 Nov 2024₹4.1t₹1.8t₹207.4b33x19.7x2.2x
Fri, 25 Oct 2024₹4.3t₹1.8t₹146.0b35.2x29.8x2.4x
Sun, 22 Sep 2024₹4.1t₹1.8t₹139.8b37.3x29.7x2.3x
Tue, 20 Aug 2024₹4.1t₹1.8t₹139.9b34.1x29.2x2.2x
Thu, 18 Jul 2024₹4.7t₹1.8t₹126.1b40.2x37.1x2.6x
Sat, 15 Jun 2024₹4.6t₹1.8t₹126.1b39.2x36.8x2.6x
Mon, 13 May 2024₹3.9t₹1.8t₹126.3b28x30.8x2.2x
Wed, 10 Apr 2024₹3.1t₹1.8t₹136.9b29.8x22.6x1.7x
Fri, 08 Mar 2024₹2.5t₹1.8t₹136.9b26.8x18.1x1.3x
Sun, 04 Feb 2024₹2.5t₹1.8t₹136.4b28x18.2x1.4x
Tue, 02 Jan 2024₹2.4t₹1.8t₹142.2b25.6x17.1x1.3x
Thu, 30 Nov 2023₹2.3t₹1.8t₹141.5b30x16x1.2x
Sat, 28 Oct 2023₹2.1t₹1.8t₹177.5b26.9x12.1x1.2x
Mon, 25 Sep 2023₹2.3t₹1.8t₹187.0b16.9x12.1x1.3x
Wed, 23 Aug 2023₹2.3t₹1.8t₹187.0b14.8x12.3x1.3x
Fri, 21 Jul 2023₹2.5t₹1.9t₹215.5b15.5x11.6x1.3x
Sun, 18 Jun 2023₹2.4t₹1.9t₹215.5b13.4x11.1x1.3x
Tue, 16 May 2023₹2.4t₹1.9t₹214.8b17.8x11.2x1.3x
Thu, 13 Apr 2023₹2.4t₹1.9t₹257.3b19x9.4x1.3x
Price to Earnings Ratio

9.4x


Total Market Cap: ₹2.4tTotal Earnings: ₹257.3bTotal Revenue: ₹1.9tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Diversified Metals and Mining Industry Price to Earnings3Y Average 19.3x202420252026
Current Industry PE
  • Investors are relatively neutral on the Indian Diversified Metals and Mining industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 19.3x.
  • The 3-year average PS ratio of 1.9x is lower than the industry's current PS ratio of 2.4x.
Past Earnings Growth
  • The earnings for companies in the Diversified Metals and Mining industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 5.0% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Industry Comparison

How does Indian Diversified Metals and Mining compare with similar industries?

IN Market0.0067%
Materials1.30%
Metals and Mining2.67%
Diversified Metals and Mining3.34%
Gold7.85%
Aluminum6.26%
Steel1.73%
Copper0.57%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
VEDL Vedanta₹687.655.9%
+₹149.4b		71.3%PE19.8x
500188 Hindustan Zinc₹515.601.2%
+₹25.8b		20.7%PE18.5x
532626 Pondy Oxides And Chemicals₹1.09k1.1%
+₹344.5m		76.2%PE27.5x
544330 Parmeshwar Metal₹133.0019.9%
+₹337.5m		113.8%PE12.9x
ASHAPURMIN Ashapura Minechem₹489.650.5%
+₹243.6m		31.2%PE12.4x

Latest News

544330
₹133.00
Parmeshwar Metal
7D
19.9%
1Y
113.8%
MUNISH
₹66.00
Munish Forge
7D
13.7%
1Y
n/a
VEDL
₹687.65
Vedanta
7D
5.9%
1Y
71.3%

VEDL: Dividend Payouts And Gupta Power Bid Will Support Bullish Repricing

Analysts have kept Vedanta's fair value estimate steady at ₹808.77, with only marginal tweaks to assumptions such as discount rate, growth, margins, and future P/E. These changes feed into a broadly unchanged price target narrative.
530129
₹1,546.20
Nile
7D
5.1%
1Y
3.1%
500188
₹515.60
Hindustan Zinc
7D
1.2%
1Y
20.7%

500188: Low Carbon Alloys And Record Output Will Support Future Upside

Analysts have nudged their fair value estimate for Hindustan Zinc slightly lower, with the price target moving from about ₹645.25 to ₹644.00, reflecting updated assumptions around discount rate, revenue growth, profit margins and future P/E multiples. What's in the News Hindustan Zinc expanded its long-running relationship with Tata Steel to integrate EcoZen, a low carbon zinc solution produced using renewable energy, into steel manufacturing.
GRAVITA
₹1,295.10
Gravita India
7D
-7.7%
1Y
-24.9%

GRAVITA: Planned Rashtriya Metal Acquisition Will Support Recycling Expansion Confidence

Analysts have trimmed their price target on Gravita India from ₹2,644.04 to ₹2,400.00, citing updated assumptions around the discount rate, revenue growth, profit margin, and future P/E. What's in the News Gravita India increased lead recycling capacity at its Mundra, Gujarat unit by 80,300 MTPA, taking total lead recycling capacity at this unit to 145,100 MTPA, funded through INR 49.00 million of internal accruals (company filing).
513498
₹66.50
Southern Magnesium and Chemicals
7D
-0.7%
1Y
-57.6%
OWAIS
₹109.50
Owais Metal and Mineral Processing
7D
-7.9%
1Y
-81.2%
532626
₹1,086.70
Pondy Oxides And Chemicals
7D
1.1%
1Y
76.2%
512024
₹75.00
N.D. Metal Industries
7D
-2.7%
1Y
n/a
ASHAPURMIN
₹489.65
Ashapura Minechem
7D
0.5%
1Y
31.2%
JAINREC
₹463.45
Jain Resource Recycling
7D
-0.1%
1Y
n/a
513496
₹328.50
Sizemasters Technology
7D
4.7%
1Y
134.8%
513544
₹95.48
Mardia Samyoung Capillary Tubes
7D
-3.9%
1Y
939.0%