Shyam Metals experienced a significant block trade on NSE worth INR 33.3 crore, with 350,641 shares exchanging hands at INR 948.65 per share.

Shyam Metalics & Energy is approaching the ₹960 resistance level due to robust fundamentals, increased demand, and positive technical signals. This suggests potential further gains could push the stock price towards ₹1,000-₹1,040 in the metals and energy sector.

Shyam Metalics announces a proposed ₹10,000 crore investment in Bengal for upcoming projects, with potential expansion contingent upon the implementation of favorable industrial policies in the region.

Shyam Metals has given the green light to a significant INR 2,700 crore investment plan, aiming to fund new projects across their company and affiliated subsidiaries. This move signals an ambitious growth strategy for the organization.

Shyam Metalics has committed a significant investment of INR 2,700 crore towards new projects and expansions, with plans to establish a new mill in Kharagpur (INR 900 crore) and expand the Sambalpur Steel facility (INR 1,800 crore) by 2029.

Shyam Metalics' EBITDA increased significantly by 40% year-on-year in Q4, reaching ₹7.3 billion. The company's earnings margin also improved notably, standing at 13.9%. These strong figures suggest a robust performance for the metal manufacturing firm in the final quarter of 2021.

Shyam Metalics announces a significant investment of approximately INR 2700 crore towards expanding its operations in Kharagpur and Sambalpur. This expansion includes the development of wire/bar mills and stainless steel capacities, with plans for completion by March 2029.

Shyam Metalics reported a significant 46% increase in Q4 net profit to ₹319 crore, with revenue growing by 26.3% to ₹5,240.4 crore. The company's EBITDA also saw a 41% surge, boosting margins to 13.9%. This marks an improvement from the previous year's margin of 12.4%.

Goldman Sachs maintains a 'Buy' recommendation for Shyam Metals, setting a new target price at ₹1,065. Investors may consider this as a potential growth opportunity in the metal sector.

Shyam Metals reported a significant 10.9% year-on-year increase in stainless steel sales for April 2026, accompanied by a 25.3% boost in realizations. Aluminum foil sales surged 19.6% YoY, with realizations rising 22.3%, and pellet sales experienced an 18.6% growth, coupled with a 10.4% increase in realizations.

Investment advisor Anand James suggests Time Technoplast and Shyam Metalics as promising investment options for this week, potentially offering good returns.

Shyam Metalics announces a ₹2,700 crore expansion plan focused on high-margin steel production, funded through internal resources. The goal is to increase the company's stainless steel capacity and complete related projects by 2029.

Shyam Metals will convene a board meeting on May 11, 2026, to review their audited financial reports for the year. The agenda encompasses deciding on a final dividend payout, outlining capital expenditure plans, and addressing other business matters.

Goldman Sachs advises buying JSW Steel and Shyam Metalics, predicting a 19% and 30% increase in their shares respectively. However, Tata Steel and Jindal Steel receive a neutral rating, while NMDC is suggested to be sold due to high valuations.

Goldman Sachs recommends buying shares in Shyam Metals, expecting it to increase by approximately 30%. The suggested price target is ₹1,065.

Shyam Metals expands with a new plant in Odisha, adding significant capacity for flat rolled and foil production. This move is projected to more than double or even triple the company's revenue within the next few years, accompanied by an improvement of 40-50% in operating margins.

Shyam Metals has expanded its Pakuria facility, installing new annealing furnaces to enhance efficiency and improve product quality. This move also includes a new vertical foil separator, boosting precision for ULG/LG foils. The expansion aligns with growing demand in sectors like construction, automotive, and packaging.

Shyam Metals has increased its production capacity at the Pakuria plant by adding two new annealing furnaces, aiming to enhance operational efficiency. Additionally, a 2300mm vertical foil separator has been installed to further boost productivity.

The Enforcement Directorate has seized Rs 159.5 crore of investments belonging to a subsidiary of Shyam Metalics, in connection with a coal mining investigation. This move only impacts about 1.4% of the consolidated net worth of the company, and they have already initiated legal action in response.

Shyam Metals expands its Chromium Redox Molybdenum (CRM) production to 0.4 million tonnes per annum (MTPA) with the commissioning of Phase II facility in Jamuria. The company aims to cater to the growing demands in solar and automobile sectors by focusing on steel production.

Shyam Metals' subsidiary, SSPL, has commenced Phase II production of Color Coated Sheets, increasing its capacity to 0.40 MTPA. This expansion adds an additional 0.15 MTPA, broadening their steel product offerings.

Shyam Metals' Rengali plants have reopened following an appeal, after initially being closed by the CPCB due to pollution concerns. The company now has three months to ensure full compliance with regulations.

Shyam Metals' Odisha plant, located at Rengali, has been shut down due to pollution-related infractions, marking a significant milestone in the state for industrial closures due to similar offenses. (Business Standard)

The shares of Gallantt Ispat, CreditAccess Grameen, Shyam Metalics, and GCPL have increased following Q4 updates, with Gallantt seeing a jump of 13%. CreditAccess reports a 28% increase in disbursements, Shyam Metalics' steel sales are up by 59%, while GCPL anticipates a potential margin decline.

Shyam Metals demonstrates impressive growth in March 2026, with a significant 59% increase in stainless steel sales year-on-year, along with an 8.5% boost in aluminum foil volumes. Notably, pig iron sales skyrocketed by 245%. The company continues to maintain profitability and has been awarded a CRISIL AA rating for its long-term bank facilities, signifying stable creditworthiness.

Shyam Metals' Q4 and fiscal year 2026 sales showed robust growth, with pellet production increasing by 40%. However, the significant decrease in sponge iron output indicates a somewhat challenging operational situation.