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4 Best Performing Metal Stocks With Gains Over 200% In The Last One Year

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The NIFTY Metal Index is intended to reflect the performance and behavior of India's metals sector, which includes mining. Most metal and mining equities have enjoyed significant gains in the first half of the calendar year 2021, owing to increased worldwide demand and supply constraints following the COVID-19 pandemic. Here are four NSE equities that have increased by more than 200 percent in the previous 12 months.

 

Adani Enterprise

Adani Enterprise

Sales have decreased by 8.61 percent. For the first time in three years, the company's revenue has decreased. The stock returned 904.58 percent over three years, compared to 54.72 percent for the Nifty 100. Adani Enterprises Ltd., founded in 1993, is a Large Cap business in the Diversified sector with a market capitalization of Rs 162,799.39 crore.

Since August 27, 2001, Adani Enterprises Ltd. has declared 21 dividends. Adani Enterprises Ltd. has declared an equity dividend of Rs 1.00 per share in the last 12 months. This amounts to a dividend yield of 0.07 percent at the current share price as of (September 18) of Rs 1480.25.

APL Apollo Tubes
 

APL Apollo Tubes

APL Apollo Tubes, founded in 1986, is a Mid Cap business in the Metals - Ferrous sector with a market capitalization of Rs 23,629.07 crore. APL Apollo Tubes (APL) announced the issuance of bonus shares at a 1:1 ratio, i.e. one free equity share for each share owned by the shareholder.

The stock returned 511.47 percent over three years, compared to 57.43 percent for the Nifty Midcap 100. Over a three-year period, the stock returned 511.47 percent, while the Nifty Metal returned 55.8 percent to investors. APL Apollo Tubes Ltd. has declared 13 dividends since Jan. 24, 2007.

Tata Steel

Tata Steel

Tata Steel Limited, headquartered in Mumbai, Maharashtra, India, is an Indian multinational steel-making corporation centered in Jamshedpur, Jharkhand. The company's ability to manage through difficult times is aided by its captive mines for the essential raw resource, iron ore. It assists the corporation in improving margins in good times, as it did in the fourth quarter of FY 21.

The stock returned 123.1 percent over three years, compared to 54.72 percent for the Nifty 100. Over a three-year period, the stock returned 123.1 percent, while the Nifty Metal provided investors a 55.8% return.

SAIL

SAIL

Steel Authority of India (SAIL), founded in 1973, is a Large Cap company in the Metals - Ferrous sector with a market cap of Rs 47,563.00 crore. The stock returned 49.06 percent over three years, compared to 54.72 percent for the Nifty 100. Over a three-year period, the stock returned 49.06 percent, while the Nifty Metal returned 55.8 percent to investors.

For the past three years, the company has shown a good profit growth of 39.48 percent. Over the last three years, the company has had a dismal ROE of 6.78 percent. SAIL has a PE ratio of 5.13, which is low and inexpensive in comparison.

4 Best Performing Metal Stocks With Gains Over 200% In The Last One Year

4 Best Performing Metal Stocks With Gains Over 200% In The Last One Year

Company Price in Rs. 1-Year Gains
Adani Enterp. 1,468.80 404.00%
APL Apollo Tubes 939.55 248.34%
Tata Steel 1,322.50 247.60%
S A I L 110.40 201.83%

Conclusion

Conclusion

On the back of soaring aluminum prices, Hindalco's stock has increased by more than 150 percent in the last year. JSW steel's earnings were bolstered by higher steel prices, and JSW steel's shares returned 140 percent in the last year.

Rising metal prices have generated debate about whether the world is entering a commodity cycle or a "supercycle," a long period of abnormally high prices lasting at least a decade.

Disclaimer

Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution. Greynium Information Technologies, the author, and the brokerage house are not liable for any losses caused as a result of decisions based on the article. Please consult a professional advisor.

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