SHYAM METALICS AND ENERGY share price has zoomed 9% and is presently trading at Rs 827.0.
Meanwhile, the BSE METAL index is at 32,031.6 (up 0.2%).
Among the top gainers in the BSE METAL index today are NMDC (up 1.6%) and Vedanta (up 0.8%).
SAIL (down 1.0%) and APOLLO TUBES (down 0.9%) are among the top losers today.
Over the last one year, SHYAM METALICS AND ENERGY has moved up from Rs 466.9 to Rs 827.0, registering a gain of Rs 360.1 (up 77.1%).
On the other hand, the BSE METAL index has moved up from 21,267.9 to 32,031.6, registering a gain of 50.6% during the last 12 months.
The top gainers among the BSE METAL index stocks during this same period were Coal India (up 131.0%), Vedanta (up 95.8%) and NMDC (up 91.1%).
Must See: These Segments are Witnessing Incredible Growth with Modi's Push
The BSE Sensex is at 81,010.9 (up 0.1%).
The top gainers among the BSE Sensex today are Bharti Airtel (up 1.2%) and Asian Paints (up 0.9%). The most traded stocks in the BSE Sensex are Bharti Airtel and Tata Steel.
In the meantime, NSE Nifty is at 24,813.8 (up 0.2%). Grasim Industries and Tata Consumer Products are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 65,216.1 to 81,010.9, registering a gain of 15,794.8 points (up 24.2%).
SHYAM METALICS AND ENERGY net profit grew 36.8% YoY to Rs 2,761 million for the quarter ended June 2024, compared to a profit of Rs 2,019 million a year ago. Net sales rose 8.4% to Rs 36,116 million during the period as against Rs 33,330 million in April-June 2023.
For the year ended March 2024, SHYAM METALICS AND ENERGY reported 22.0% increase in net profit to Rs 10,290 million compared to net profit of Rs 8,435 million during FY23. Revenue of the company grew 4.2% to Rs 131,952 million during FY24.
The current Price to earnings ratio of SHYAM METALICS AND ENERGY, based on rolling 12 month earnings, stands at 20.9.
Equitymaster requests your view! Post a comment on "SHYAM METALICS AND ENERGY Gains 9%; BSE METAL Index Up 0.2%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!