Shyam Metalics & Energy Ltd Share Price (SHYAMMETL)
₹602.15▲0.85%
Shyam Metalics & Energy Ltd share Performance
- ₹599.45₹618₹602.15
0.45%
Low
Day's Volatility:3.08%
High
2.63%
- ₹287.75₹737.8₹602.15
52.21%
Low
52 Weeks Volatility:74.74%
High
22.53%
| Returns % | |
| 1 Month Return | 3.06 % |
| 3 Month Return | -9.08 % |
| 1 Year Return | 102.03 % |
| Market Stats | |
| Previous Close | ₹597.10 |
| Open | ₹600.95 |
| Volume | 4.37L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹16,666.96Cr |
Analyst Rating for Shyam Metalics & Energy Ltd stock
based on 5 analysts
Based on 5 analysts offering long term price targets for Shyam Metalics & Energy Ltd. An average target of ₹674.8
Source: S&P Global Market Intelligence
Company Information
SMEL is one of the largest producers of steel in India, with a capacity of over 10 million tonnes per annum. Its product portfolio includes a wide range of steel products such as hot and cold rolled coils, sheets, plates, strips, bars, rods and tubes. SMEL also produces a range of value-added steel products such as color coated coils, galvanized coils, galvanized sheets, etc.
SMEL is also a leading player in the engineering and power sectors. It is engaged in the manufacture of a wide range of engineering products such as structural steel, forgings, castings, fasteners, etc. SMEL is also a leading producer of power, with a capacity of over 5,000 MW. It is engaged in the generation and transmission of electricity through its power plants located across India. SMEL is also a leading player in the production of popular brands such as Shyam Steel, Shyam Power and Shyam Engineering.
Share Price: ₹602.15 per share as on 18 Apr, 2024 04:01 PM
Market Capitalisation: ₹16,666.96Cr as of today
Revenue: ₹3,315.29Cr as on December 2023 (Q4 23)
Net Profit: ₹125.80Cr as on December 2023 (Q4 23)
Listing date: 24 Jun, 2021
Chairperson Name: Mahabir Prasad Agarwal
| Organisation | Shyam Metalics & Energy Ltd |
| Headquarters | Kolkata |
| Industry | Steel |
| E-voting on shares | Click here to vote |
Key events for Shyam Metalics & Energy Ltd
Shyam Metalics Expands Production Capacity and Raises Funds - 10 Apr, 2024
Shyam Metalics is expanding its production capacity with a new facility for the production of stainless steel hot rolled coils and has raised ₹1,385 crore through a QIP. The stock gained around 1.7% and has gained around 124% in the past year.
Shyam Metalics Plans Expansion into Stainless Steel Flat Products - 09 Apr, 2024
Shyam Metalics is expanding its production capabilities by establishing a new stainless steel hot rolled coils facility at its existing plant in Odisha, with a capacity of 0.3 million metric tons per annum. The company plans to invest Rs 650-750 crore in this project.
Shyam Metalics & Energy Ltd Records Surge in Volume - 05 Apr, 2024
Shyam Metalics & Energy Ltd recorded a surge in volume on BSE, with 2.29 times the average daily volume of shares traded. The stock gained 0.11% to Rs.618.30.
Shyam Metalics Receives Composite Licence for Iron Ore Block - 27 Mar, 2024
Shyam Metalics & Energy's joint venture has received a letter of intent for a composite licence for an iron ore block in Maharashtra. The company's shares rose by up to 4%. The project can contribute to economic growth, generate employment opportunities, and support infrastructure development. The firm also plans to establish a production capacity of 60,000 metric tonnes per year for flat-rolled products, which is expected to be operational by 2026.
Shyam Metalics Receives Letter of Intent for Iron Ore Block License - 26 Mar, 2024
Shyam Metalics' joint venture company, Natural Resources Energy Private Ltd (NREPL), has received a letter of intent for an iron ore block located in Maharashtra. Meanwhile, the company's low P/E ratio may be due to limited growth and uninspiring earnings performance.
Shyam Metalics' Associate JV Company Awarded Letter of Intent for Iron Ore Block - 22 Mar, 2024
Natural Resources Energy, an associate joint venture company of Shyam Metalics & Energy's promoter Dorite Tracon, has been awarded a letter of intent for the Surjagad 1 iron ore block in Maharashtra. The block covers an area of 1526 hectares.
Shyam Metalics & Energy to Invest Rs 450 Crore in Aluminium Flat-Rolled Products Plant - 21 Mar, 2024
Shyam Metalics & Energy is investing Rs 450 crore in a greenfield expansion project focused on aluminium flat-rolled products. The investment aims to increase manufacturing capacity and generate employment while making the group self-reliant for raw materials of aluminium foil business. The plant will be set up in Odisha.
Fundamentals of Shyam Metalics & Energy Ltd
Insights on Shyam Metalics & Energy Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTRetail Holding Up
Retail Investor have increased holdings from 11.53% to 18.13% in Mar 2024 quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 2.97K Cr → 3.35K Cr (in ₹), with an average increase of 11.2% per quarter
NO EFFECTAgainst Peers
In the last 1 year, NMDC Ltd has given 114.1% return, outperforming this stock by 12.1%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 74.59% of holdings in Mar 2024 quarter
NEGATIVE IMPACTPrice Dip
In the last 7 days, SHYAMMETL stock has moved down by -3.4%
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 2.29% to 1.85% in Mar 2024 quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 3.21% to 2.35% in Mar 2024 quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, 484.09 Cr → 127.3 Cr (in ₹), with an average decrease of 73.7% per quarter
Shyam Metalics & Energy Ltd Valuation
Shyam Metalics & Energy Ltd in the last 5 years
Lowest (4.03x)
June 20, 2022
Today (14.26x)
April 16, 2024
Industry (24.94x)
April 16, 2024
Highest (19.50x)
September 5, 2023
Mutual Fund Holdings
| Funds | Holdings |
 Kotak Small Cap Direct Growth | 0.94% |
 Invesco India Contra Fund Direct Plan Growth | 0.91% |
 Aditya Birla Sun Life Manufacturing Equity Fund Direct Plan Growth | 2.52% |
 SBI Magnum Comma Fund Direct Growth | 3.22% |
 Nippon India Nifty Smallcap 250 Index Fund Dir Gr | 0.28% |
Shareholding Pattern
| Investors | Holdings % | Prev. 2 periods | 3M change |
|---|---|---|---|
| Promoter Holdings | 74.59% | 0.00 | |
| Foreign Institutions | 2.35% | ||
| Mutual Funds | 1.85% | ||
| Retail Investors | 18.13% | 57.24 | |
| Others | 3.08% |
Technicals of Shyam Metalics & Energy Ltd share
News & Events of Shyam Metalics & Energy Ltd
Frequently Asked Questions
- Get a PAN card.
- Open a Demat account.
- Open a Trading account.
- Link your Demat account to your Trading account.
- Fund your Trading account.
- Place an order to buy Shyam Metalics & Energy Ltd shares.
Shyam Metalics & Energy Ltd (SHYAMMETL) share price today is ₹602.15
Shyam Metalics & Energy Ltd is listed on NSE
Shyam Metalics & Energy Ltd is listed on BSE
- Today’s highest price of Shyam Metalics & Energy Ltd is ₹618.
- Today’s lowest price of Shyam Metalics & Energy Ltd is ₹599.45.
PE Ratio of Shyam Metalics & Energy Ltd is 14.26
PE ratio = Shyam Metalics & Energy Ltd Market price per share / Shyam Metalics & Energy Ltd Earnings per share
Today’s traded volume of Shyam Metalics & Energy Ltd(SHYAMMETL) is 4.37L.
Today’s market capitalisation of Shyam Metalics & Energy Ltd(SHYAMMETL) is ₹16666.96Cr.
| Shyam Metalics & Energy Ltd(SHYAMMETL | Price |
|---|---|
52 Week High | ₹737.8 |
52 Week Low | ₹287.75 |
Shyam Metalics & Energy Ltd(SHYAMMETL) share price is ₹602.15. It is down -18.39% from its 52 Week High price of ₹737.8
Shyam Metalics & Energy Ltd(SHYAMMETL) share price is ₹602.15. It is up 109.26% from its 52 Week Low price of ₹287.75
| Shyam Metalics & Energy Ltd(SHYAMMETL | Returns |
|---|---|
1 Day Returns | 5.05% |
1 Month Returns | 3.06% |
3 Month Returns | -9.08% |
1 Year Returns | 102.03% |