Shyam Metalics & Energy Ltd's Stock Reaches All-Time High, Outperforms Sector and Sensex
Shyam Metalics & Energy Ltd, a largecap company in the iron and steel industry, reached an all-time high of Rs.844.85 on August 22, 2024. According to MarketsMojo, the stock call is 'Hold' and the company has outperformed the sector by 8.86%. It has also shown consecutive gains for the last 4 days and is currently trading above its moving averages, indicating a strong performance.
Shyam Metalics & Energy Ltd, a largecap company in the iron and steel industry, has been making headlines in the stock market as its share price reached an all-time high of Rs.844.85 on August 22, 2024. This has been a significant milestone for the company, which has been gaining momentum in the market.
According to MarketsMOJO, a leading stock market analysis platform, the stock call for Shyam Metalics & Energy is 'Hold'. The company's performance today has been impressive, outperforming the sector by 8.86%. It has also been on a consecutive gain for the last 4 days, with a 17.44% increase in returns during this period.
The stock opened with a gap up of 6.05% today and touched an intraday high of Rs.844.85, showing a high level of volatility with an intraday volatility of 14.51%. This is calculated from the weighted average price, indicating a significant movement in the stock price.
Shyam Metalics & Energy is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which is a positive sign for the company's performance in the market.
In the past year, Shyam Metalics & Energy has shown a remarkable growth of 74.58%, outperforming the Sensex's performance of 24.26%. This showcases the company's strong position in the iron and steel industry and its ability to generate returns for its investors.
Overall, Shyam Metalics & Energy's recent all-time high and consistent growth in the market make it a company to watch out for in the iron and steel industry.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
