Shyam Metalics begins commercial production at aluminium facility
after close1 source ↓written by the desknot a recommendation
- aluminium foil facility
- 18,000 TPA
- of ₹1
- 52-week high
Shyam Metalics has commenced commercial production at its 18,000 TPA aluminium foil facility in Sambalpur, Odisha. This move is part of a ₹800 cr capex plan aimed at enhancing revenue growth, potentially increasing by up to 150%. The company, with a market cap of ₹29,497 cr, is trading near its 52-week high of ₹1,059 per share.
The expansion into value-added aluminium products may bolster Shyam Metalics' market position and attract investor interest. 📈
Not investment advice. For informational purposes only.