Archive · 5 Sep 2025
Undervalued Metal Stocks to Watch Amid India's Growth
This article discusses three companies that make metal products, which are expected to grow because India is building more infrastructure and manufacturing.
Maithan Alloys makes alloys used in cars, Jindal Saw makes pipes for oil and gas, and Kalyani Steels makes steel.
The government's initiatives are boosting demand for metals.
The article provides basic financial information for each company, and their plans.
Remember this is not advice on what to do with your money!
Demand for metals, especially steel, is high in India.
India’s steel demand is projected to grow by 8-10% in 2025.
Government initiatives support metal companies.
The article lists Maithan Alloys, Jindal Saw, and Kalyani Steels as potential stocks.
Kalyani Steels plans to increase steel production capacity by FY29.
- Who
- The article highlights three metal stocks: Maithan Alloys, Jindal Saw, and Kalyani Steels.
- What
- The article lists three undervalued metal stocks in India.
- When
- The article suggests the stocks are good for a 2026 watchlist.
- Where
- The stocks are based in India.
- Why
- The stocks are highlighted due to projected growth in the metal and steel industries driven by infrastructure projects and government initiatives.
- Maithan Alloys PE
- 4.4
- Maithan Alloys PB
- 0.7
- Jindal Saw PE
- 9.3
- Jindal Saw PB
- 1.1
- Kalyani Steels Target Capacity (FY29)
- 1 million tonnes per annum
- Manganese Alloy Market Growth (2025-2034)
- 6% CAGR