Frequently Asked Questions
What is Nifty Metal?
The Nifty Metal index is a sectoral index that includes major Indian companies engaged in metal production, mining, and processing. It covers a wide range of industries such as steel, aluminum, and other industrial metals. The index helps investors monitor the health and growth of the metal and mining sector, which plays a crucial role in infrastructure and manufacturing.
What is CAGR?
CAGR stands for Compound Annual Growth Rate. In the stock market, it's a useful metric to measure the compound annual growth rate of an investment over a specific period of time, assuming the profits are reinvested at the end of each year. CAGR shows how much an investment grows each year on average.
What is the 3 year, 5 year and 10 Year CAGR (annualized return) of Nifty Metal?
CAGR (Compound Annual Growth Rate) of Nifty Metal is as follows:
- 3 Year CAGR: 20.96%
- 5 Year CAGR: 35.57%
- 10 Year CAGR: 18.55%
What is the 1 year return of Nifty Metal?
In the past 1 year, Nifty Metal has given a return of 4.28%.
How often the data is updated on this page?
The Current Market Price (CMP) and CAGR data are updated every 15 minutes during market hours. However, the current month's and current year's returns are updated daily after the market closes.