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SHYAM METALICS AND ENERGY Gains 9%; BSE METAL Index Up 0.2%
Thu, 22 Aug 10:17

SHYAM METALICS AND ENERGY Gains 9%; BSE METAL Index Up 0.2%Image source: Chunumunu/www.istockphoto.com

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

What About the Benchmark Indices?

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 Financial Update...

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.


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