Shyam Metalics Demonstrates Strong Momentum Amid Rising Iron and Steel Sector Performance

Jul 24 2025 10:05 AM IST
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Shyam Metalics & Energy has demonstrated strong performance, trading near its 52-week high and significantly outperforming the broader market. The stock has shown consistent upward momentum, with notable gains over the past month and year, reflecting its robust position in the iron and steel products sector.
Shyam Metalics & Energy has shown impressive performance today, gaining 3.07% as of July 24, 2025. The stock is currently trading just 0.18% below its 52-week high of Rs 956.05, reflecting strong momentum in the iron and steel products sector. Notably, Shyam Metalics outperformed the broader market, with a daily performance that exceeded the Sensex by 2.75%.

The stock reached an intraday high of Rs 955, marking a 3.33% increase during the trading session. Shyam Metalics is also trading above its key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a robust upward trend.

Over the past month, Shyam Metalics has surged by 14.01%, significantly outpacing the Sensex's modest gain of 0.56%. Year-to-date, the stock has delivered a remarkable return of 31.59%, while its one-year performance stands at an impressive 37.53%. In the longer term, Shyam Metalics has achieved a staggering 219.71% increase over the past three years, showcasing its strong position in the market.
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