Largest Steel companies in India by Market Capitalization

This ranking features the largest 83 Steel companies in India ranked by Market Capitalization, totalling a Market Capitalization of USD 114.28 B, for January 15, 2025.

India

Steel

#	Name	Market Capitalization	Reported Date	Stock Price	Change	Country
1	JSW Steel Limited 1 JSWSTEEL.NS	USD 25.55 B	Jan. 14, 2025	USD 10.47	2.67%	India
2	Tata Steel Limited 2 TATASTEEL.NS	USD 18.39 B	Jan. 14, 2025	USD 1.47	3.41%	India
3	Jindal Steel & Power Limited 3 JINDALSTEL.NS	USD 10.55 B	Jan. 14, 2025	USD 10.51	3.94%	India
4	Lloyds Metals and Energy Limited 4 LLOYDSME.NS	USD 8.63 B	Jan. 14, 2025	USD 16.39	3.59%	India
5	Jindal Stainless Limited 5 JSL.NS	USD 5.90 B	Jan. 14, 2025	USD 7.23	3.29%	India
6	Steel Authority of India Limited 6 SAIL.NS	USD 5.12 B	Jan. 14, 2025	USD 1.22	5.94%	India
7	APL Apollo Tubes Limited 7 APLAPOLLO.NS	USD 4.79 B	Jan. 14, 2025	USD 16.95	3.16%	India
8	Ratnamani Metals & Tubes Limited 8 RATNAMANI.NS	USD 2.49 B	Jan. 14, 2025	USD 34.66	0.05%	India
9	Shyam Metalics and Energy Limited 9 SHYAMMETL.NS	USD 2.38 B	Jan. 14, 2025	USD 8.67	-1.87%	India
10	Welspun Corp Limited 10 WELCORP.NS	USD 2.34 B	Jan. 14, 2025	USD 8.45	1.70%	India
11	Ramkrishna Forgings Limited 11 RKFORGE.NS	USD 1.99 B	Jan. 14, 2025	USD 10.85	2.50%	India
12	Jindal Saw Limited 12 JINDALSAW.NS	USD 1.89 B	Jan. 14, 2025	USD 2.83	2.04%	India
13	Jai Balaji Industries Limited 13 JAIBALAJI.NS	USD 1.79 B	Jan. 14, 2025	USD 9.71	4.09%	India
14	Sarda Energy & Minerals Limited 14 SARDAEN.NS	USD 1.73 B	Jan. 14, 2025	USD 4.89	-1.57%	India
15	Godawari Power & Ispat Limited 15 GPIL.NS	USD 1.39 B	Jan. 14, 2025	USD 2.14	2.19%	India
16	NMDC Steel Limited 16 NSLNISP.NS	USD 1.38 B	Jan. 14, 2025	USD 0.47	6.32%	India
17	Usha Martin Limited 17 USHAMART.NS	USD 1.23 B	Jan. 14, 2025	USD 4.09	3.59%	India
18	RHI Magnesita India Limited 18 RHIM.NS	USD 1.15 B	Jan. 14, 2025	USD 5.57	-0.50%	India
19	Kirloskar Ferrous Industries Limited 19 KIRLFER.BO	USD 1.14 B	Jan. 14, 2025	USD 6.86	-1.99%	India
20	Maharashtra Seamless Limited 20 MAHSEAMLES.NS	USD 1.00 B	Jan. 14, 2025	USD 7.44	2.81%	India
21	HEG Limited 21 HEG.NS	USD 967.01 M	Jan. 14, 2025	USD 4.95	1.19%	India
22	Gallantt Ispat Limited 22 GALLANTT.NS	USD 921.70 M	Jan. 14, 2025	USD 3.73	2.42%	India
23	Electrosteel Castings Limited 23 ELECTCAST.NS	USD 908.17 M	Jan. 14, 2025	USD 1.45	5.07%	India
24	Surya Roshni Limited 24 SURYAROSNI.NS	USD 720.27 M	Jan. 14, 2025	USD 3.24	20.16%	India
25	Mishra Dhatu Nigam Limited 25 MIDHANI.NS	USD 687.52 M	Jan. 14, 2025	USD 3.60	3.48%	India
26	Sunflag Iron and Steel Company Limited 26 SUNFLAG.NS	USD 588.26 M	Jan. 14, 2025	USD 3.28	3.44%	India
27	Indian Metals and Ferro Alloys Limited 27 IMFA.NS	USD 564.23 M	Jan. 14, 2025	USD 10.45	4.72%	India
28	Pitti Engineering Limited 28 PITTIENG.NS	USD 543.59 M	Jan. 14, 2025	USD 14.37	-0.09%	India
29	Kalyani Steels Limited 29 KSL.NS	USD 488.62 M	Jan. 14, 2025	USD 11.25	3.72%	India
30	JTL Industries Limited 30 JTLIND.NS	USD 460.94 M	Jan. 14, 2025	USD 1.18	5.65%	India
31	Jayaswal Neco Industries Limited 31 JAYNECOIND.NS	USD 432.26 M	Jan. 14, 2025	USD 0.45	2.25%	India
32	Steel Strips Wheels Limited 32 SSWL.NS	USD 355.72 M	Jan. 14, 2025	USD 2.23	0.86%	India
33	Maithan Alloys Limited 33 MAITHANALL.NS	USD 342.29 M	Jan. 14, 2025	USD 11.73	1.37%	India
34	Hi-Tech Pipes Limited 34 HITECH.NS	USD 335.49 M	Jan. 14, 2025	USD 1.67	6.43%	India
35	Goodluck India Limited 35 GOODLUCK.NS	USD 331.32 M	Jan. 14, 2025	USD 10.09	3.31%	India
36	Prakash Industries Limited 36 PRAKASH.NS	USD 318.68 M	Jan. 14, 2025	USD 1.77	5.31%	India
37	INTERARCH BUILDING PROD L 37 INTERARCH.NS	USD 316.13 M	Jan. 14, 2025	USD 18.70	4.81%	India
38	Pennar Industries Limited 38 PENIND.NS	USD 274.09 M	Jan. 14, 2025	USD 2.04	3.21%	India
39	HLE Glascoat Limited 39 HLEGLAS.NS	USD 262.22 M	Jan. 14, 2025	USD 3.82	0.74%	India
40	Salasar Techno Engineering Limited 40 SALASAR.NS	USD 252.80 M	Jan. 14, 2025	USD 0.15	10.50%	India
41	M M Forgings Limited 41 MMFL.NS	USD 239.68 M	Jan. 14, 2025	USD 4.97	2.21%	India
42	Man Industries (India) Limited 42 MANINDS.NS	USD 239.28 M	Jan. 14, 2025	USD 3.66	2.48%	India
43	Vardhman Special Steels Limited 43 VSSL.NS	USD 219.55 M	Jan. 14, 2025	USD 2.65	5.18%	India
44	Rama Steel Tubes Limited 44 RAMASTEEL.NS	USD 206.33 M	Jan. 14, 2025	USD 0.13	3.89%	India
45	Steelcast Limited 45 STEELCAS.NS	USD 199.65 M	Jan. 14, 2025	USD 9.80	-0.36%	India
46	Mukand Limited 46 MUKANDLTD.NS	USD 194.55 M	Jan. 14, 2025	USD 1.33	0.74%	India
47	MSP Steel & Power Limited 47 MSPL.NS	USD 190.52 M	Jan. 14, 2025	USD 0.44	5.14%	India
48	Hariom Pipe Industries Limited 48 HARIOMPIPE.NS	USD 181.40 M	Jan. 14, 2025	USD 5.77	0.28%	India
49	IFGL Refractories Limited 49 IFGLEXPOR.NS	USD 177.05 M	Jan. 14, 2025	USD 4.86	2.41%	India
50	Bharat Wire Ropes Limited 50 BHARATWIRE.NS	USD 151.28 M	Jan. 14, 2025	USD 2.19	1.76%	India

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Frequently Asked Questions

Which Steel company in India has the highest Market Capitalization ?

The Steel company in India with the highest Market Capitalization is JSW Steel Limited (NSE: JSWSTEEL.NS) at USD 25.55 B.
Which Steel company in India has the lowest Market Capitalization ?

The Steel company in India with the lowest Market Capitalization is Impex Ferro Tech Limited (NSE: IMPEXFERRO.NS) at USD 2.99 M.

What are the top 10 Steel companies in India by Market Capitalization ?

The top 10 Steel companies in India by Market Capitalization are JSW Steel Limited, Tata Steel Limited, Jindal Steel & Power Limited, Lloyds Metals and Energy Limited, Jindal Stainless Limited, Steel Authority of India Limited, APL Apollo Tubes Limited, Ratnamani Metals & Tubes Limited, Shyam Metalics and Energy Limited and Welspun Corp Limited.
What are the bottom 10 Steel companies in India by Market Capitalization ?

The bottom 10 Steel companies in India by Market Capitalization are Impex Ferro Tech Limited, Grand Foundry Limited, Ashoka Metcast Limited, Kridhan Infra Limited, Ankit Metal & Power Limited, Supreme Engineering Limited, Ganga Forging Limited, Zenith Steel Pipes & Industries Limited, Hisar Metal Industries Limited and Ahlada Engineers Limited.