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Shyam Metalics shares rise after proposing additional ₹2,700 crore capex to boost capacity by 2029
Earlier this week, brokerage firm Goldman Sachs had initiated coverage on Shyam Metalics with a "buy" rating and a price target of ₹1,065, citing the company's horizontal exposure across Carbon steel, Stainless steel and Aluminium.
These stocks are seeing the biggest reaction to their Q4 business updates
Stocks like Gallantt Ispat, Shyam metalics, CreditAccess Grameen and Godrej Consumer Products are among the top gainers on the Nifty 500 index on Tuesday, April 7, as these stocks are reacting to their respective fourth quarter business updates.
Shyam Metalics' stainless steel volumes rise 59%, Pellet volumes up 44.3% | Q4 update
Shyam Metalics' Stainless steel sales jumped 58.9% year-on-year (YoY) and 26.9% month-on-month (MoM) to 10,519 tonnes in March 2026, while average realisations rose 19% YoY but dipped marginally 0.6% sequentially to ₹1.52 lakh per tonne.
Q4 Results LIVE Updates: Jubilant FoodWorks revenue up 19%, Shyam Metalics steel sales surge
Q4 Results LIVE Updates: Investors are gearing up for the earnings season as companies continue to report their provisional numbers for the fourth quarter and the financial year 2026. HDFC Bank, Axis Bank, Kotak Mahindra Bank, Bank of Baroda, IDFC First Bank, CSB Bank, IndusInd Bank, Utkarsh Small Finance Bank, AU Small Finance Bank, Yes Bank, Bandhan Bank are among the lenders that have reported their provisional numbers over the extended weekend. Watch this space for all the LIVE updates.
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.