Shyam Metalics Shares Rise 7% In Intraday On BSE On Strong Q4 Sales Results

Shares of Shyam Metalics and Energy rose over 7% in early trade on Tuesday on the Bombay Stock Exchange (BSE) after the company reported a strong business update for March. It reported an intraday high of ₹856.2 per share.

At 11:57 am, Shyam Metalics and Energy shares were trading at ₹825.45 on the BSE. Investors reacted to steady growth across key product segments, especially stainless steel and CR coils.

Shyam Metalics Q4 Sales Figures

Exchange filing data from the company on 6 April showed:

• Stainless steel volume up 58.91% year-on-year (YoY) to 10,519 metric tonne (MT)

• Average stainless steel realisation up 19.01% to ₹1,52,633 per MT

• Aluminium foil volume up 8.51% YoY to 2,160 MT

• Aluminium foil realisation up 18.48% to ₹4,26,108 per MT

• Speciality alloys volume up 8.64% YoY to 20,130 MT

• Pellet sales volume up 44.31% YoY to 1,06,917 MT

• CR Coil/Sheets volume surged 94.78% YoY to 16,080 MT

Carbon steel volumes saw a modest rise of 3.09% to 1,55,938 MT. Realisation increased 3.74% to ₹46,719 per MT. Sponge iron volumes declined 2.33% to 81,083 MT. However, prices improved slightly, with realisation up 1.98% to ₹25,656 per MT.

Shyam Metalics Stock Trend

The stock has stayed firm in recent sessions despite weak broader market sentiment. Note that it:

• Is up 7.51% in the past week

• Gained 4.28% in a month

• Is over 2% in the past one year

• Delivered around 300% returns in three years

The stock hit a 52-week high of ₹1,001 on 31 July 2025. It touched a 52-week low of ₹745 on 7 April 2025.

Sources:

Business Standard

Livemint