Is Bhagyanagar India the Best Stock in Its Sector? A Look at the Numbers
- September 24, 2026
- Posted by: Kunal Singla
- Category: Market
Bhagyanagar India CMP Rs 445 (24 Sep 2026). Market cap Rs 1,490 Cr. ROE 19.48%. P/E 23.72x versus Industry P/E 23.04x.
Quick Answer
Bhagyanagar India is one of the names investors compare when screening the Non-Ferrous Metals sector, built on a 19.48% return on equity and a P/E of 23.72x against an Industry P/E of 23.04x. Whether Bhagyanagar India is the best stock in its sector depends on whether an investor is optimising for return ratios, valuation, or both. This article breaks down the metrics, including a comparison against named Non-Ferrous Metals sector peers, so you can judge that for yourself.
Is Bhagyanagar India the best stock in its sector? The stock trades on the NSE at Rs 445 as of 24 September 2026, within its 52-week range of Rs 90.00 to Rs 467.90. Bhagyanagar India Ltd manufactures copper and aluminium products including winding wires and rods.
Bhagyanagar India sits in the Non-Ferrous Metals sector, and its 19.48% ROE and 23.72x P/E give a starting point for judging where it stands against comparable listed names. The rest of this article compares those numbers against verified peers and the sector’s Industry P/E benchmark.
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About Bhagyanagar India
Bhagyanagar India Ltd manufactures copper and aluminium products including winding wires and rods. It manufactures copper and aluminium products including winding wires and rods, and the stock is trading near its 52-week high after a sharp run-up from its 52-week low. At a market capitalisation of Rs 1,490 Cr, it is tracked as part of the Non-Ferrous Metals sector on Univest.
Is Bhagyanagar India the Best Stock in Its Sector?
Bhagyanagar India makes its case as the best stock in its sector primarily on return on equity and balance sheet strength, combining a 19.48% ROE with a 23.72x P/E against the sector’s 23.04x Industry P/E. Bhagyanagar India trades almost exactly at its 23.04x Industry P/E despite a 19.48% ROE well ahead of Arfin India’s in this comparison, though the stock’s sharp run-up from its 52-week low is worth noting alongside the valuation.
| Metric | Bhagyanagar India |
|---|---|
| CMP (NSE) | Rs 444.65 |
| 52-Week High / Low | Rs 467.90 / Rs 90.00 |
| Market Cap | Rs 1,490 Cr |
| P/E (TTM) vs Industry P/E | 23.72x vs 23.04x |
| P/B | 4.81 |
| ROE | 19.48% |
| EPS (TTM) | Rs 18.76 |
| Dividend Yield | 0.00% |
| Debt to Equity | 1.01 |
Compare Bhagyanagar India Against Other Non-Ferrous Metals Sector Stocks
How Bhagyanagar India Compares Against Its Non-Ferrous Metals Sector Peers
The table below sets Bhagyanagar India against 2 other Non-Ferrous Metals sector names, using the same live data source for every company. A peer average row is included for P/E, ROE and debt to equity, calculated across the 2 peer companies.
| Company | Market Cap (Rs Cr) | P/E | ROE | Debt to Equity |
|---|---|---|---|---|
| Bhagyanagar India | 1,490 | 23.72 | 19.48% | 1.01 |
| National Aluminium Company | 64,521 | 9.56 | 26.83% | 0.00 |
| Arfin India | 1,509 | 82.06 | 9.07% | 0.76 |
| Peer average (2 companies) | – | 45.81 | 17.95% | 0.38 |
Against this peer set, Bhagyanagar India’s 19.48% ROE is above the 17.95% peer average, and its P/E of 23.72x runs below the peer average of 45.81x. Bhagyanagar India trades almost exactly at its 23.04x Industry P/E despite a 19.48% ROE well ahead of Arfin India’s in this comparison, though the stock’s sharp run-up from its 52-week low is worth noting alongside the valuation.
What Makes Bhagyanagar India Worth Watching in Non-Ferrous Metals
- Strong ROE: A 19.48% ROE is well above most non-ferrous metals names in this series.
- In line with Industry P/E: A 23.72x P/E versus a 23.04x Industry P/E shows the stock trading almost exactly at sector norms despite its strong ROE.
- Copper and aluminium products focus: Manufacturing winding wires and rods from both copper and aluminium gives Bhagyanagar India exposure across two non-ferrous metal categories.
Bhagyanagar India Valuation: Is It Justified?
Bhagyanagar India trades almost exactly at its 23.04x Industry P/E despite a 19.48% ROE well ahead of Arfin India’s in this comparison, though the stock’s sharp run-up from its 52-week low is worth noting alongside the valuation. As with any single stock, investors should weigh this against their own valuation discipline and risk appetite rather than the sector label alone.
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Download the Univest iOS App or Univest Android App to track Bhagyanagar India and other Non-Ferrous Metals sector stocks.
How to Track Bhagyanagar India Before You Invest
Before deciding whether Bhagyanagar India deserves its label as the best stock in its sector for your own portfolio, compare it directly against Non-Ferrous Metals sector peers using the steps below.
- Open the Univest Screener and search for Bhagyanagar India to view live price, valuation ratios, and peer comparisons within the Non-Ferrous Metals sector.
- Compare its P/E, P/B, and ROE against other Non-Ferrous Metals sector stocks before deciding if the current valuation fits your strategy.
- Set a price alert around key support and resistance zones using the Univest app so you are notified of meaningful moves.
- Open a broking account on Univest if you decide to add the stock, and size the position based on your own risk appetite and portfolio allocation.
Conclusion
Bhagyanagar India earns a place in the best stock in its sector conversation on the strength of a 19.48% ROE and a P/E of 23.72x against a 23.04x Industry P/E, with named peer comparisons in this article backing up that picture. As with any individual stock decision, this analysis is educational and investors should do their own research or consult a SEBI-registered advisor before investing.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Is Bhagyanagar India the best stock in its sector?
Ans. Bhagyanagar India has a 19.48% ROE and trades at 23.72x P/E against a 23.04x Industry P/E, and compares above the peer average ROE of 17.95% in this article’s named comparison, so the answer depends on what an investor is prioritising.
What is the current share price of Bhagyanagar India?
Ans. Bhagyanagar India was trading at Rs 444.65 on the NSE as of 24 September 2026, within its 52-week range of Rs 90.00 to Rs 467.90.
What sector does Bhagyanagar India belong to?
Ans. Bhagyanagar India is classified under the Non-Ferrous Metals sector on Univest.
How does Bhagyanagar India compare to its sector peers on P/E?
Ans. Bhagyanagar India’s P/E of 23.72x is below the 45.81x average of the 2 named peers compared in this article.
What is Bhagyanagar India’s return on equity?
Ans. Bhagyanagar India reported a return on equity of 19.48%, which is above the 17.95% average of its named peers in this comparison.
Should I invest in Bhagyanagar India based on its sector position?
Ans. Bhagyanagar India’s sector position and metrics make it worth researching further, but any investment decision should factor in your own risk appetite, its valuation relative to peers, and independent research or advice from a SEBI-registered advisor.
