Table of Contents

Overview

Hello friends, if you are considering which share is good to invest in right now, then you should know about Shyam Metalics Share Price Target. Today in our blog, we will discuss Shyam Metalics Share Price Target from 2024 to 2030. We have conducted extensive research and consulted experts to provide insights into the company’s growth and performance.

Shyam Metalics stocks are listed on share market. In this article, I will look at the solve company’s production progress and its commercial initiates currently in process as well as on what kind of shareholding is controlled or being consolidated here round about forecasts are made up for coming years. It was developed by an expert and can help investors with their due-diligence process.

What Is Shyam Metalics and Energy Ltd?

Shyam Metalics, an Indian metal manufacturer since 1991 based in Kolkata (India) It caters mainly to steel, ferroalloys, sponge iron/ pigiron pipes and pellets; DRI (Direct Reduced Iron), TMT bars & billets.

Overview of Shyam Metalics Company

Shyam Metalics Speciality: Shyam Metalics is primarily engaged in the production of value-added, long steel products and ferroalloys with a large integrated manufacturer of ferroalloys boasting one among broadest product offerings across manufacturers. It is the 4th largest in the sponge iron industry and one of the major players in pellet production. As of August 31, 2023, Kaushambi Cement Factories has a total production capacity of around 13 MTPA.

Company Information:

The company has four functional manufacturing plants – at one in Odisha and two each in West Bengal (Jamuria) and Mangalpur that house around 118 MW of captive power generation. Name a few models of the company’s very popular TMT bars which are being used throughout India and give you a 35% sales growth rate.

Financial Data Analysis of Shyam Metalics

Before investing, it’s essential to analyze the company’s financial performance, including its PE ratio, return on assets, current ratio, and return on equity.

Financial Ratios:

Shyam Metalics Share Price Target

To invest in the company, you need to review their financial performance including its PE ratio, return on assets (ROA), current ratio and Return On Equity( ROE).

Historical Share Prices:

Share Price Targets:

Shyam Metalics Share Price Target 2024:

Shyam Metalics Share Price Target 2025:

Shyam Metalics Share Price Target 2026:

Shyam Metalics Share Price Target 2027:

Shyam Metalics Share Price Target 2030:

How to Purchase Shyam Metalics Shares

You can purchase Shyam Metalics shares through common trading platforms such as Zerodha, Upstox, Groww, and AngelOne.

Peers of Shyam Metalics

Some of the competitors of Shyam Metalics include:

• NMDC Steel
• Jindal Saw
• Jindal (Hisar)

Investor Types and Ratios

Understanding the types of investors and their holding ratios is crucial for assessing a company’s stability and growth potential.

Investor Holdings:

Advantages and Disadvantages of Shyam Metalics Shares

Advantages:

• Low debt levels
• Zero promoter pledges
• Efficient cash conversion cycle (22.89 days)
• Strong profit growth (42%)

Disadvantages:

• Declining net profit rate
• Dependence on third-party suppliers for raw materials

Also Read: JM Financial Share Price Target: 2024, 2025, 2027, 2030 – 2035 (Long Term)

FAQs

Conclusion

We have much more in store for you about Shyam Metalics Share Price Target from here to 2024-30. According to our research and expertise, we would consider Shyam Metalics Share as a very good long-term investment because the shares of this company have much stronger growth potential. As always, consult with certified professionals before making any investment decisions.

Disclaimer

We are not SEBI registered advisors. Financial markets are risk-based. This is for educational purposes. Invest WithCertified Experts We are not liable for any profit or loss.