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Shyam Metalics and Energy’s credit ratings gets revised by CARE

06 Oct 2021 Evaluate

Shyam Metalics and Energy’s credit rating has been revised by Credit Rating Agency -- CARE. The rating agency has reaffirmed company’s long term bank loan to ‘AA-’; Outlook revised to positive from stable, Short-term Bank Facilities to ‘A1+’ and Commercial Paper (Carved out) to ‘A1+’.

The revision in the outlook for long-term ratings reflects that the consolidated operating performance of the company would improve further backed by growing volumes and favourable realizations amid strong industry upcycle.

Shyam Metalics and Energy is a leading integrated metal producing company based in India with a focus on long steel products and ferro alloys.

Shyam Metalics&Ener Share Price

990.15 1.40 (0.14%)
18-Aug-2026 16:59 View Price Chart
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