Shyam Metalics rises on commissioning 1.5 MTPA beneficiation plant in Odisha
Shyam Metalics and Energy is currently trading at Rs. 1034.15, up by 8.05 points or 0.78% from its previous closing of Rs. 1026.10 on the BSE.
The scrip opened at Rs. 1039.25 and has touched a high and low of Rs. 1039.25 and Rs. 1026.60 respectively. So far 971 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1089.60 on 21-Jul-2026 and a 52 week low of Rs. 745.65 on 16-Mar-2026.
Last one week high and low of the scrip stood at Rs. 1,045.60 and Rs. 1010.90 respectively. The current market cap of the company is Rs. 28710.11 crore.
The promoters holding in the company stood at 74.59%, while Institutions and Non-Institutions held 10.91% and 14.50% respectively.
Shyam Metalics and Energy has commissioned its new 1.5 MTPA (Million Tonnes Per Annum) Beneficiation Plant in Sambalpur (Odisha). Representing a capital investment of Rs 150 crore, the newly operational facility will upgrade low-grade ore into high-quality feedstock, driving raw material optimization and significantly enhancing profitability.
The newly active facility incorporates modern, eco-efficient beneficiation technology designed to optimize water and energy consumption while keeping waste output to a minimum. By converting previously underutilized low-grade resources into high-value inputs, the company reinforces its commitment to responsible resource management and sustainable industrial growth.
