Shyam Metalics announces ₹2,700 crore expansion plan
after close1 source ↓written by the desknot a recommendation
- strategic expansion plan
- ₹2,700 crore
- capex pipeline
- ₹16,060 crore
- shares closed
- ₹873.75
- from the previous
- 0.82%
Shyam Metalics & Energy Limited has unveiled a ₹2,700 crore strategic expansion plan, enhancing its existing ₹16,060 crore capex pipeline. This investment, aimed at higher-margin product categories, will be funded entirely through internal cash flows, avoiding new debt. The company's shares closed at ₹873.75, down 0.82% from the previous close.
Not investment advice. For informational purposes only.