New Delhi, June 24 -- The Shyam Metalics & Energy stock is in focus after the company's investor and analyst day last week highlighted the growth roadmap for FY31 and expansion plans.

The company is targeting a revenue CAGR of about 18% over FY26-FY31 to Rs.42,500 crore and an Ebitda CAGR of 22% to Rs.6,200 crore, while keeping its balance sheet in good health.

"Future capital allocation will remain focused on downstream and value-added products, including stainless steel, CRM/coated products, aluminum downstream products, specialty steel and railway wagons," said a JM Financial Institutional Securities report on 17 June. The contribution of value-added products is expected to rise over the next few years.

To aid growth, Shyam Metalics...