Which are the best metal sector stocks to invest in during August 2022?
6 METAL SECTORS stocks to invest in during August 2022
INTRODUCTION
You would know that the war is going on between Russia and Ukraine for the last few days. And due to this, there is a lot of volatility in the Indian stock market as well. At such times, some stocks in the metal sector are available at huge discounts for the last few weeks.
We will discuss 6 such metal stocks which are trading at around a 20-40 % discount from your 52-week high.
6 METAL SECTORS stocks to invest in during August 2022
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Tata steel
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HINDUSTAN ZINC LIMITED
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KIOCL LTD
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NMDC LTD
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STEEL AUTHORITY OF INDIA
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HINDUSTAN COPPER LIMITED
1. Tata steel
This company is one of the leading metal companies in India in terms of steel manufacturing.
This company stock is trading 17.75%down from its 52-week high.
The company has a PE ratio of 4.11, and a Debt to Equity ratio of 0.85.
In terms of profitability, the company has a return on equity of 10.85%, and a Net Profit Margin of 5.49%.
In the last 5 years, the company’s sales have compounded at the rate of 8.92%.
The company’s stock has increased by 74.75% in the last one year.
In the last 5 years, the company’s stock has compounded at the rate of 21.47%.
One of 6 METAL SECTORS stocks to invest in during August 2022
2. HINDUSTAN ZINC LIMITED
The company has been involved in zinc-led mining and smelting for over 5 decades.
The company stock is trading 24.13% down at your 52- week high.
The company has a PE ratio of 14.12, and a debt to equity ratio of 0.13.
In terms of profitability, the company has a return on equity of 21.26%, and a Net Profit Margin of 34.11%.
In the last 5 years, the company’s sales have compounded at the rate of 9.80%.
The company’s stock has increased by 2.06% in the last one year.
The share of the company has gone down by 0.01% in the last 5 years.
One of 6 METAL SECTORS stocks to invest in during August 2022
3.KIOCL LTD
The company is involved in the business of IRON ORE mining, filtration technology, and high-quality pellets.
The company stock is trading 28.52% down at your 52- week high.
The company has a PE ratio of 44.30, and a debt to equity ratio of 0.05.
In terms of profitability, the company has a return on equity of 15.36%, and a Net Profit Margin of 12.57%.
In the last 5 years, the company’s sales have compounded at the rate of 66.91%.
The company’s stock has increased by 43.82% in the last one year.
In the last 5 years, the company’s stock has compounded at a rate of 76.97%.
6 METAL SECTORS stocks to invest in during August 2022
4. NMDC LTD
This company is involved in the exploration and production of IRON ore.
The company stock is trading 29.52% down at your 52- week high.
The company has a PE ratio of 4.24, and a debt to equity ratio of 0, i.e. it is a debt-free company.
In terms of profitability, the company has a return on equity of 21.81%, and a Net Profit Margin of 40.74%.
In the last 5 years, the company’s sales have compounded at the rate of 18.94%.
The company’s stock has increased by 10.58% in the last one year.
In the last 5 years, the company’s stock has compounded at a rate of 1.68%.
one of 6 METAL SECTORS stocks to invest in during August 2022
5. STEEL AUTHORITY OF INDIA
This is a PSU company that is involved in the manufacturing of IRON and steel.
The company stock is trading 35.85 % down at your 52- week high.
The company has a PE ratio of 2.94, and a debt to equity ratio of 0.47.
In terms of profitability, the company has a return on equity of 9.51%, and a Net Profit Margin of 5.98%.
In the last 5 years, the company’s sales have compounded at the rate of 12.24%.
The company’s stock has increased by 29.51% in the last one year.
In the last 5 years, the company’s stock has compounded at a rate of 8.92%.
One of 6 METAL SECTORS stocks to invest in during August 2022
6. HINDUSTAN COPPER LIMITED
The company is involved in the mining, smelting, and refining of copper.
The company stock is trading 41.49 % down at your 52- week high.
The company has a PE ratio of 44.86, and a debt to equity ratio of 0.54.
In terms of profitability, the company has a return on equity of 10.73%, and a Net Profit Margin of 6.16%.
In the last 5 years, the company’s sales have compounded at the rate of 10.76%.
The company’s share price has gone down 12.49% in the last year.
In the last 5 years, the company’s stock has compounded at a rate of 11.29%.
So these are the 6 metal stocks whose shares are available at a discount from your 52-week high.