Shyam Metalics Q2: net profit surges 48% QoQ to Rs511 Cr on Rs5,960 Cr revenue; acquires 51% stake in Phutamura coal block
India, Nov. 2 -- The company is an integrated metal-producing company with operations across steel, ferro alloys, stainless steel and aluminium products. Its product portfolio includes pellets, pig iron, billets, TMT bars, wire rods, stainless steel and aluminium foil. The company operates manufacturing facilities across West Bengal, Odisha, Jharkhand and Madhya Pradesh.
The Nifty 50 is trading at 23,318.55, up by 1.15%, while the Sensex gained to 75,456.59, up by 1.34% on Monday. The shares of ShyamMetallics are currently trading at Rs. 1,202.00, up by 3.36%. The company has a market capitalisation of Rs. 33,548.86 crore. The stock's 52 week high is Rs. 1,240.50 and its 52 week low is Rs. 746.00. In the past 6 months, the stock has del...
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