Bengaluru, July 16 -- India's downstream aluminium segment is witnessing rising investment as domestic manufacturers move up the value chain into precision-engineered flat rolled products and foils, reducing reliance on imports. This shift aligns with the government's Atmanirbhar Bharat push and growing demand from packaging, construction, and industrial end-users.

Shares of Shyam Metalics and Energy Ltd, with a market capitalization of Rs. 29,514 crore, were trading at Rs. 1,056.75, up 2.22 percent from its previous close of Rs. 1,033.75. The stock touched a fresh 52-week high of Rs. 1,059 and is currently trading at a P/E ratio of 27.22.

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Shyam Metalics and Energy Limited announced on July 16, 2026, that its step-down...