UBS sees 45% upside for Shyam Metalics stock
UBS maintains a ‘Buy’ rating on Shyam Metalics, raising the target price by 24% to ₹1,550, indicating a 45% upside. The brokerage expects EBITDA per tonne to improve to ₹8,400 by FY31, reflecting a 24% CAGR.
pre-market1 source ↓machine-written, see hownot a recommendation
- to ₹1
- 24%
- from the current
- 45% upside
- from ₹4
- 24% CAGR
UBS has maintained a ‘Buy’ rating on Shyam Metalics and Energy, raising its target price by 24% to ₹1,550, indicating a 45% upside from the current price of ₹1,067.3. The brokerage highlights the company's disciplined capital allocation and efficient operations as key growth drivers.
UBS anticipates an increase in EBITDA per tonne to ₹8,400 by FY31, reflecting a 24% CAGR from ₹4,700 in FY26, supporting the stock's potential for significant appreciation.
Not investment advice. For informational purposes only.