Shyam Metalics and Energy has received approval for setting up of further capacities at its integrated units in Sambalpur and its material subsidiary’s plant at Jamuria to capitalize business synergies and add facilities for continued cost leadership. An aggregate amount of Rs 990 crore is further to be arranged from Cash flows generated existing from internal accruals. The projects shall be set up as brownfield expansion in land available at respective plants.
Shyam Metalics and Energy is a leading integrated metal producing company based in India with a focus on long steel products and ferro alloys.
| Company Name | CMP |
|---|---|
| Tata Steel | 217.10 |
| JSW Steel | 1281.60 |
| SAIL | 187.90 |
| Jindal Stainless | 767.45 |
| APL Apollo Tubes | 1966.05 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: