Shyam Metalics reports strong Q2 sales growth
after close1 source ↓machine-written, see hownot a recommendation
- following
- 5%
- year-on-year increase
- 26%
- for Q2FY27
- 1.5 million tonnes
- to exceed
- 40%
- to exceed
- ₹2,000 crore
Shyam Metalics and Energy's shares rose over 5% following a 26% year-on-year increase in consolidated sales volume to 1.5 million tonnes for Q2FY27. Revenue surged nearly 40% to exceed ₹2,000 crore. The company also signed an MoU with the Maharashtra government for a ₹50,000 crore investment in a 9 mtpa integrated steel plant in Chandrapur.
Not investment advice. For informational purposes only.