India, May 1 -- The shares of the Small-Cap company, specialising in long steel products (TMT bars, structural steel, wire rods) and ferro alloys, while holding a significant position in pellets and sponge iron, are in focus after the leading Brokerage firm Goldman Sachs initiated a Buy coverage on it with an upside potential of 23 percent.

With a market capitalization of Rs. 24,144.91 Crores on the day's trade, the shares of Shyam Metalics and Energy Ltd declined upto 2.1 percent, reaching a low of Rs. 864.45 compared to its previous closing price of Rs. 883.35.

What Happened Shyam Metalics and Energy Ltd, engaged in long steel products (TMT bars, structural steel, wire rods) and ferro alloys, while holding a significant position in pe...