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JM Financial backs Shyam Metalics FY31 outlook; retains 'Buy'; stock up 4%
At the current market price, JM Financial sees an upside of 11.57 per cent and has set a target price of ₹1,100 apiece
Shyam Metalics Q4 PAT jumps 46% YoY to Rs 319 cr
Shyam Metalics and Energy reported a 45.87% year-on-year (YoY) increase in consolidated net profit to Rs 319.09 crore in Q4 FY26, compared with Rs 218.75 crore in Q4 FY25.
Shyam Metalics & Energy consolidated net profit rises 45.87% in the March 2026 quarter
Sales rise 26.60% to Rs 5240.36 crore
Board of Shyam Metalics & Energy approves capex of Rs 2,700 cr
At meeting held on 11 May 2026
Shyam Metalics Q4 Results: Profit rises 46%; board clears ₹2,700 crore capex
Shyam Metalics and Energy reported strong Q4 earnings growth with higher margins and announced a ₹2,700 crore expansion plan aimed at boosting speciality steel and stainless steel capacities.
Q4 Results Live Updates: UPL Announces Dividend; Shyam Metalics Profit Up 61%
UPL, JSW Energy and Canara Bank among companies to report Q4 earnings today.
Stocks to Watch Today: Shyam Metalics, Aurobindo Pharma, ACME Solar, PDS, Deep Ind, Godrej Consumer, CreditAccess, Jubilant FoodWorks in focus on 07 April
Stocks to Watch, 7 Apr | Stocks like Jubilant FoodWorks, Fino Payments Bank, CreditAccess Grameen, Gallantt Ispat, Godrej Consumer Products, PC Jeweller, Shyam Metalics and Energy, Aurobindo Pharma, ACME Solar Holdings, PDS, Deep Industries, Vivid Electromech, and Sammaan Capital will be in focus on April 7.