Shyam Metalics and Energy Limited — Important, 06-11-2024: Monthly Business Updates

Shyam Metalics and Energy Ltd reported strong sales performance for October 2024. Key highlights include a 21% year-on-year increase in stainless steel volumes and a 19% rise in average realization. Aluminium foil sales volumes rose by 18% YoY, with realizations up 11%. Speciality alloys surged with 93% growth in sales volumes. Carbon steel sales volumes increased by 22% YoY, despite a 7% drop in realizations. Overall, the company shows solid growth across multiple product lines.