Capital Goods sector

Sectors · Industrials

Capital Goods

390 listed companies · ₹48.47 L Cr of market value, 10.2% of all classified companies · screen within this sector →

The last session

25 Sept

Rose most

RTSPOWRRTS Power Corporation Limited+20.00%CUBEXTUBCubex Tubings Limited+10.00%QUADFUTUREQuadrant Future Tek Limited+9.41%NELCASTNelcast Limited+8.72%LLOYDSENGGLLOYDS ENGINEERING WORKS LIMITED+8.41%

Fell most

MANUGRAPHManugraph India Limited−9.99%UNIDTUnited Drilling Tools Limited−6.95%PREMIERPOLPremier Polyfilm Limited−5.08%WAAREEINDOIndosolar Limited−4.98%RHETANRhetan TMT Limited−4.95%

Closed at a 52-week high: WELCORP, LLOYDSENGG, SMLMAH, DYNAMATECH, MANINDS, SPECTRUM and 8 more. Closed at a 52-week low: JWL, VESUVIUS, RHETAN, WAAREEINDO, SALASAR. Of the 387 companies we hold a close for that session.

Ahead, and just filed

The next 14 days

No ex-dates announced for its companies.

Results for the quarter to 30 Sept are due by 14 Nov 2026: the listing regulations allow 45 days. Each company names its own day in a board-meeting notice, which we do not read yet.

Filed in the last 14 days

26 SeptBALUFORGELeadership change 26 SeptRPELAcquisition or agreement 26 SeptBALUFORGELeadership change 26 SeptBALUFORGELeadership change 26 SeptBALUFORGELeadership change 26 SeptINTLCONVLeadership change 26 SeptMAHSEAMLESLeadership change 26 SeptMAHSEAMLESLeadership change

Industries inside it

by market value

All of the sector390 Electrical Equipment33% · 71 Industrial Products30% · 206 Aerospace & Defense18% · 25 Industrial Manufacturing12% · 76 Agricultural, Commercial & Construction Vehicles7% · 12

Share of the sector's market value, then the number of companies. Choosing one narrows the map and the companies table.

Size and concentration

390 companies

Its three largest (HAL, BEL, TMCV) are 16.1% of its market value; its ten largest, 36.3%.

Top 100 by market value41% · 12

Ranked 101 to 25019% · 16

Ranked below 25040% · 362

Share of the sector's market value, then the number of companies. Ranks are by market value among all listed companies, the screener's own size bands.

Beside the market

to 25 Sept

	This sector	All companies	Nifty 500
1 day	+0.4%	+0.2%	+0.2%
1 month	−1.7%	−3.6%	−4.1%
1 year	+13.9%	−1.3%	−1.8%

The sector and “all companies” are added up the same way: combined market value now against then, over every company we hold prices for. The index is NSE's own figure.

Living screens, within this sector

Top 100 by size, ROE above 15%11 Debt free, ROE above 20%32 Revenue and profit both growing 15%+88 Midcaps with profit growth above 20%8 Profitable, dividend yield above 3%2 P/E under 15, market cap above ₹1,000 Cr18 Profitable, priced below book value22 Near its 52-week high, above ₹5,000 Cr32 Near its 52-week low, above ₹5,000 Cr12

How many of the sector's companies each ready-made screen held after last night's figures. A screen is named by its filters; opening one runs it inside this sector.

Forensic checks on watch

285 of 351 companies

TILTIL Limited9 checks NIBENIBE Limited7 checks SALASARSalasar Techno Engineering Limited7 checks RAMASTEELRama Steel Tubes Limited7 checks SHAHShah Metacorp Limited7 checks HILTONHilton Metal Forging Limited7 checks

A check on watch is a pattern in the company's own filings that is worth reading about (receivables growing faster than sales, say), not a finding against it; lenders trip several by the nature of their balance sheets. Each company's page lists its checks with the figures.

NSE publishes no index for this sector. The line below is worked out from its companies instead.

The sector's own line, from its companies

389 companies priced · closes adjusted for splits and bonuses

By market value what the sector's combined value did; its largest companies dominate it

1 day

+0.4%

1 week

−0.3%

1 month

−1.7%

3 months

−0.2%

6 months

+25.5%

1 year

+13.9%

3 years

+96.9%

The median company what the company in the middle did

1 day

−0.1%

1 week

−0.3%

1 month

−0.9%

3 months

−0.2%

6 months

+28.2%

1 year

+2.6%

3 years

+47.1%

Breadth, to the close of 2026-09-25: 176 of 382 companies are higher than a month ago, 204 of 323 closed above their 200-session average, 14 at a 52-week high and 5 at a 52-week low; in the last session 182 rose and 207 fell. Worked out from the 389 of 390 companies we hold recent prices for. A wide gap between the two lines means a few large companies moved the sector.

Iron & Steel Products as a map

a company's area is its market value · grouped by basic industry · tinted by price change

Area is market value; the tint is the price change over the last session, full strength at 3% either way, and grey where we hold no price that far back. 66 companies. Click a company to open it.

The sector's results, added up

from the companies' own quarterly filings

Revenue, added up

latest against a year before: +22.8%

Net profit, added up

latest against a year before: +2.5%

Q1 FY27 results

337 of 337 companies have filed · their profit together is +2.5% on the same quarter a year before (294 companies)

LUMINO —HTEL —TEMPSENS —BLEL —MVELECTRO —LCL —INDOMIM —JINDALPOLY +193.6%

Added up over the 261 companies that filed every quarter shown, of the 347 whose filings we hold and the 390 in the sector; each on a consolidated basis where it files one. For banks, revenue is total income. A sum is dominated by its largest companies, and says nothing about one that is not in it.

Who owns it

from the companies' quarterly shareholding patterns · weighted by market value

Promoters

58.8%−0.09 pp

Foreign institutions

10.9%+0.08 pp

Domestic institutionsof which mutual funds 8.8% (+0.05 pp)

12.9%+0.13 pp

Public and others

17.3%−0.12 pp

where it stood at Mar 2026

Foreign institutions' holding

rose in 154 of 336 companies, fell in 122

MTARTECH	24.79%	+7.48 pp
SAMPANN	15.33%	−4.63 pp
IDEAFORGE	4.89%	+4.16 pp
APOLLO	7.59%	+3.96 pp
ASHOKLEY	20.68%	−3.89 pp
RATNAVEER	3.53%	−3.75 pp

Mutual funds' holding

rose in 82 of 336 companies, fell in 85

SBCL	9.81%	−7.77 pp
VIDYAWIRES	2.30%	−6.72 pp
VOLTAMP	28.98%	+3.93 pp
DEEDEV	9.06%	−3.89 pp
APOLLOPIPE	4.59%	−3.47 pp
PREMIERENE	12.91%	+3.45 pp

From the shareholding patterns filed for the quarter to Jun 2026, against Mar 2026, by the 336 of 390 companies whose filings for both we hold (97% of the sector's market value), each weighted by its market value. Mutual funds and insurers are part of domestic institutions. Foreign institutions leaves out the shares a depository holds behind ADRs and GDRs, which companies file under a different head from one quarter to the next; those sit in “public and others”. “pp” is percentage points of the company's shares. A holder's share also moves when a company issues or buys back shares; these are the filed figures, not a reading of anyone's intent.

Iron & Steel Products: companies

66 companies, by market value

← All of Capital Goods

Company	Market cap	Close	Last session	1 year	P/E	ROE
Welspun Corp LimitedWELCORP · Iron & Steel Products	₹73,757 Cr	₹2,832.40	+5.21%	+224.5%	31.8	25.3%
APL Apollo Tubes LimitedAPLAPOLLO · Iron & Steel Products	₹60,927 Cr	₹2,214.70	+1.37%	+31.2%	49.6	23.2%
Shyam Metalics and Energy LimitedSHYAMMETL · Iron & Steel Products	₹30,896 Cr	₹1,085.60	−1.12%	+18.0%	27.6	9.7%
Ratnamani Metals & Tubes LimitedRATNAMANI · Iron & Steel Products	₹19,698 Cr	₹2,778.30	−1.63%	+11.1%	38.3	12.5%
Jindal Saw LimitedJINDALSAW · Iron & Steel Products	₹18,715 Cr	₹285.50	+0.85%	+35.4%	31.2	4.8%
Usha Martin LimitedUSHAMART · Iron & Steel Products	₹16,301 Cr	₹518.80	−0.84%	+15.6%	32.1	15.4%
Godawari Power And Ispat limitedGPIL · Iron & Steel Products	₹15,868 Cr	₹229.42	−0.16%	−11.7%	19.6	13.9%
Gallantt Ispat LimitedGALLANTT · Iron & Steel Products	₹13,420 Cr	₹545.10	−0.03%	−17.8%	30.8	13.1%
Maharashtra Seamless LimitedMAHSEAMLES · Iron & Steel Products	₹9,426 Cr	₹715.65	+1.00%	+17.2%	12.8	10.7%
Jayaswal Neco Industries LimitedJAYNECOIND · Iron & Steel Products	₹8,889 Cr	₹88.55	−1.09%	+23.5%	15.8	19.9%
Man Industries (India) LimitedMANINDS · Iron & Steel Products	₹7,418 Cr	₹1,020.35	+5.97%	+140.3%	36.3	9.8%
Sunflag Iron And Steel Company LimitedSUNFLAG · Iron & Steel Products	₹7,044 Cr	₹410.65	+3.49%	+52.3%	34.2	2.3%
Aeroflex Industries LimitedAEROFLEX · Iron & Steel Products	₹6,891 Cr	₹525.70	−0.28%	+183.4%	102.6	15.0%
Technocraft Industries (India) LimitedTIIL · Iron & Steel Products	₹6,850 Cr	₹3,003.40	−0.98%	+25.9%	19.7	17.2%
Shivalik Bimetal Controls LimitedSBCL · Iron & Steel Products	₹6,654 Cr	₹1,154.50	+0.99%	+108.0%	62.7	22.0%
Goodluck India LimitedGOODLUCK · Iron & Steel Products	₹5,352 Cr	₹525.65	−0.90%	+32.3%	25.5	14.1%
Bansal Wire Industries LimitedBANSALWIRE · Iron & Steel Products	₹4,935 Cr	₹321.40	−0.60%	−10.3%	34.7	9.9%
Surya Roshni LimitedSURYAROSNI · Iron & Steel Products	₹4,675 Cr	₹227.45	+4.57%	−20.3%	15.0	11.8%
Sambhv Steel Tubes LimitedSAMBHV · Iron & Steel Products	₹4,666 Cr	₹159.12	+4.44%	+35.6%	28.3	15.6%
Venus Pipes & Tubes LimitedVENUSPIPES · Iron & Steel Products	₹4,645 Cr	₹2,163.20	−1.95%	+55.5%	44.8	15.5%
Electrosteel Castings LimitedELECTCAST · Iron & Steel Products	₹4,586 Cr	₹72.34	−0.30%	−24.7%	38.0	2.0%
Kalyani Steels LimitedKSL · Iron & Steel Products	₹4,349 Cr	₹964.70	−0.98%	+20.8%	16.4	12.6%
Vardhman Special Steels LimitedVSSL · Iron & Steel Products	₹3,998 Cr	₹411.50	+1.60%	+53.3%	42.9	11.7%
Kirloskar Industries LimitedKIRLOSIND · Iron & Steel Products	₹3,866 Cr	₹3,597.50	−1.03%	−10.9%	11.5	5.5%
JTL INDUSTRIES LIMITEDJTLIND · Iron & Steel Products	₹3,591 Cr	₹91.16	+1.18%	+25.9%	29.5	8.2%
Welspun Specialty Solutions LimitedWELSPLSOL · Iron & Steel Products	₹3,535 Cr	₹55.00	+2.88%	—	—	—
Ratnaveer Precision Engineering LimitedRATNAVEER · Iron & Steel Products	₹2,779 Cr	₹333.95	+3.09%	+105.7%	—	—
Mukand LimitedMUKANDLTD · Iron & Steel Products	₹2,277 Cr	₹167.05	+7.59%	+24.5%	3.6	41.5%
MSP Steel & Power LimitedMSPL · Iron & Steel Products	₹2,016 Cr	₹33.73	−3.41%	−9.7%	53.2	3.7%
Behari Lal Engineering LimitedBLEL · Iron & Steel Products	₹1,986 Cr	₹456.75	+2.11%	—	—	—
Mahamaya Steel Industries LimitedMAHASTEEL · Iron & Steel Products	₹1,902 Cr	₹1,232.10	+1.67%	+199.6%	190.4	6.3%
Hi-Tech Pipes LimitedHITECH · Iron & Steel Products	₹1,539 Cr	₹73.60	−1.66%	−39.0%	20.4	5.6%
Rajputana Stainless LimitedRSL · Iron & Steel Products	₹1,539 Cr	₹183.46	+0.85%	—	—	—
STEEL EXCHANGE INDIA LIMITEDSTEELXIND · Iron & Steel Products	₹1,534 Cr	₹11.29	−1.22%	+13.6%	—	—
Aeroflex Enterprises LimitedAEROENTER · Iron & Steel Products	₹1,434 Cr	₹125.64	−0.96%	+46.2%	8.2	21.1%
Manaksia Coated Metals & Industries LimitedMANAKCOAT · Iron & Steel Products	₹1,404 Cr	₹129.91	−0.95%	−7.2%	34.4	11.7%
Rhetan TMT LimitedRHETAN · Iron & Steel Products	₹1,340 Cr	₹15.17	−4.95%	—	105.5	11.7%
Mangalam Worldwide LimitedMWL · Iron & Steel Products	₹1,331 Cr	₹43.07	−1.80%	+84.7%	25.6	17.4%
Gandhi Special Tubes LimitedGANDHITUBE · Iron & Steel Products	₹1,207 Cr	₹966.50	−1.29%	+8.8%	16.2	23.6%
Bharat Wire Ropes LimitedBHARATWIRE · Iron & Steel Products	₹1,173 Cr	₹164.97	−0.22%	+2.5%	12.2	14.6%
Electrotherm (India) LimitedELECTHERM · Iron & Steel Products	₹1,158 Cr	₹873.35	−1.62%	−17.1%	—	—
Kamdhenu LimitedKAMDHENU · Iron & Steel Products	₹1,143 Cr	₹39.96	−0.94%	+44.4%	43.5	—
Hariom Pipe Industries LimitedHARIOMPIPE · Iron & Steel Products	₹1,111 Cr	₹344.55	−1.75%	−32.6%	16.2	10.6%
Scoda Tubes LimitedSCODATUBES · Iron & Steel Products	₹826 Cr	₹136.61	+2.11%	−21.7%	22.3	9.5%
Beekay Steel Industries LimitedBEEKAY · Iron & Steel Products	₹817 Cr	₹430.15	+0.88%	—	—	—
Rama Steel Tubes LimitedRAMASTEEL · Iron & Steel Products	₹764 Cr	₹4.48	−1.97%	−55.7%	63.5	2.5%
Jindal Supreme (India) LimitedJSIPL · Iron & Steel Products	₹653 Cr	₹138.91	+5.00%	—	—	—
Panchmahal Steel LimitedPANCHMAHQ · Iron & Steel Products	₹570 Cr	₹290.10	−4.89%	—	—	—
Manaksia LimitedMANAKSIA · Iron & Steel Products	₹444 Cr	₹64.11	+0.12%	−7.2%	6.9	8.9%
Azad India Mobility LimitedAZADIND · Iron & Steel Products	₹440 Cr	₹87.03	+3.89%	—	—	—
Suraj LimitedSURAJLTD · Iron & Steel Products	₹381 Cr	₹198.08	−1.21%	−36.1%	45.8	6.0%
Bedmutha Industries LimitedBEDMUTHA · Iron & Steel Products	₹327 Cr	₹110.71	+7.43%	−19.0%	19.6	11.0%
Shah Metacorp LimitedSHAH · Iron & Steel Products	₹319 Cr	₹3.22	+0.63%	−11.9%	20.4	5.1%
D P Wires LimitedDPWIRES · Iron & Steel Products	₹250 Cr	₹163.43	−3.88%	−33.4%	13.3	7.0%
VMS TMT LimitedVMSTMT · Iron & Steel Products	₹230 Cr	₹46.48	+0.76%	−50.9%	13.6	7.4%
Vibhor Steel Tubes LimitedVSTL · Iron & Steel Products	₹214 Cr	₹113.76	+0.79%	−27.6%	—	—
Rudra Global Infra Products LimitedRUDRA · Iron & Steel Products	₹198 Cr	₹19.45	+0.99%	—	—	—
Shah Alloys LimitedSHAHALLOYS · Iron & Steel Products	₹184 Cr	₹92.83	+0.89%	+36.5%	4.8	33.8%
INCREDIBLE INDUSTRIES LIMITEDINCREDIBLE · Iron & Steel Products	₹149 Cr	₹32.74	+1.11%	−29.5%	12.6	7.5%
Shri Bajrang Alliance LimitedSHBAJRG · Iron & Steel Products	₹146 Cr	₹165.32	+2.68%	—	—	—
Hisar Metal Industries LimitedHISARMETAL · Iron & Steel Products	₹85 Cr	₹152.88	+0.09%	−17.2%	17.9	7.2%
Sarthak Metals LimitedSMLT · Iron & Steel Products	₹85 Cr	₹59.35	−2.29%	−43.7%	17.3	3.9%
Grand Foundry LimitedGFSTEELS · Iron & Steel Products	₹80 Cr	₹32.45	+4.98%	+217.8%	32.6	—
Zenith Steel Pipes & Industries LimitedZENITHSTL · Iron & Steel Products	₹77 Cr	₹5.26	−0.19%	−25.3%	19.1	—
Prakash Steelage LimitedPRAKASHSTL · Iron & Steel Products	₹66 Cr	₹3.62	−1.63%	−35.4%	105.6	6.4%
Dhatre Udyog LimitedDHATRE · Iron & Steel Products	₹46 Cr	₹4.13	−2.36%	—	—	—

Closes are end-of-day, adjusted for splits and bonuses. P/E and ROE come from the last four quarters of filings, for the companies whose filings we hold. A company's sector is the one the exchanges classify it in; these are facts about the companies, not a view on the sector.