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SHYAM METALICS CAPEX
Election impact! 6 West Bengal-linked stocks that can benefit from new BJP governmentThe BJP's decisive win in West Bengal signals a potential economic revival, with investors eyeing stocks poised to benefit from pro-growth ...- West Bengal election results put these 43 stocks under spotlight. Will BJP's win be a trigger?Early West Bengal election trends putting BJP ahead of TMC have pushed stocks like Bandhan Bank, CESC, and Berger Paints into focus. Invest...
- Shyam Metalics plans Rs 10k cr capex to increase capacity, Rs 40k cr topline in 2031 vision documentShyam Metalics and Energy Ltd (SMEL) unveiled a Rs 10,000 crore growth plan for 2031, aiming to boost production capacity to 27 million ton...
- Shyam Metalics shares rally 11% as UBS initiates coverage, projects 57% upsideShyam Metalics Share Price: Shares of Shyam Metalics and Energy surged 11% to a record high as UBS set a target price of Rs 1,200, highligh...
- Buy Shyam Metalics and Energy, target price Rs 825: ICICI SecuritiesShyam Metalics and Energy, incorporated in the year 2002, is a Small Cap company (having a market cap of Rs 16820.49 Crore) operating in Me...
- Domestic steel demand to remain steady: B Bhushan Agarwal, Shyam MetalicsSo, since the monsoon is also getting over and all the demands are picking up, the regularisation on the choking logistics and all things a...
- Shyam Metalics expects a CAGR of 15-20% Y-o-Y; both bottom line and top line to improve: B Bhushan AgarwalShyam Metalics has announced a new capex of close to INR 3,900 crore ($525m) and it is adding more capacity for speciality alloys, power ge...
- Bullish on capex and realty stocks? L&T, Greenpanel among 19 ideas from ICICI SecuritiesICICI Securities has suggested 19 stock ideas to invest in realty and capex themes, citing a broad-based upcycle in the area as one driver....
- Agreements with 26 companies signed under PLI scheme for specialty steel: Jyotiraditya ScindiaAgreements have been signed with 26 companies for 54 applications under the production linked incentive (PLI) for specialty steel, Union St...
- Shyam Metalics enters stainless steel business with Mittal Corp buyoutShyam Metalics said it has embarked on a ‘diversification approach’ in the metal space to chart the company’s growth journey and proposes t...
- Shyam Metalics climbs 9% after acquiring Mittal CorpWith the acquisition, Shyam Metalics added 1,50,000 tonnes per annum of stainless steel, wire rod and bar mill capacity. The company will i...
- Shyam Metalics to invest Rs 7,500 crore in 4-5 years, forays into stainless steel business"Mittal Corp's acquisition cost is about Rs 450 crore, and we outbid Jindal Stainless, the competitor for the sick asset put under the NCLT...
- Buy Shyam Metalics and Energy, target price Rs 400: ICICI SecuritiesShyam Metalics and Energy Ltd., incorporated in the year 2002, is a Small Cap company (having a market cap of Rs 7913.88 Crore) operating i...
- Shyam Metalics plans to invest Rs 850cr in FY22, ropes in Salman Khan for TMT bar promotionThe company is foraying into manufacturing of aluminium foil for the packaging industry with Rs 300 crore capital expenditure (capex), an o...
- Sector rotation playing out in market. Where should you look for opportunities?“IT sector is going through a multi-year transformation and it is very clear that the industry is in for good times”
- Sensex continues to rise after a day's pause; RIL down 2%Volatility indicators eased as F&O contracts for the month of June expired, but analysts expect the market to be volatile as valuation conc...
- Don't ignore Kotak Mahindra Bank: Devang Mehta"There is no reason that why one should ignore Kotak Mahindra Bank. It is slated for excellent numbers in the next 1-2 years once the recov...
- Shyam Metalics IPO issue to open on June 14; co fixes price bandThe total issue size is upto Rs. 909 crore with a fresh issuance of Equity Shares, aggregating up to Rs. 657 crore and an offer for sale of...
- Use weakness in metals to buy DSP NRNE FundThe 8% decline metal stocks could be an entry point for investors to put money in DSP Natural Resources and New Energy Fund, said financial...
- Tweet Buster: Are passive funds your best bet? Also, Kalpen Parekh's asset allocation ruleAmid the growing clamour in favour of index funds, Radhika Gupta, Edelweiss Asset Management, ran a thread on how to evaluate passive funds.
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