Shyam Metalics & Energy Stock Declines by -3.69% on October 25, 2024

Shyam Metalics & Energy, a largecap company in the steel, sponge iron, and pig iron industry, saw a decline of -3.69% in its stock on October 25, 2024. This underperformance was reflected in the stock's 'Hold' rating by MarketsMOJO.

The stock opened with a loss of -2.69% and touched an intraday low of Rs 798.2, a decrease of -3.83%. While the stock's moving averages are higher than the 100-day and 200-day averages, they are lower than the 5-day, 20-day, and 50-day averages.

In comparison to the Sensex's performance of -0.24%, Shyam Metalics & Energy's 1-day performance was -3.93%. Similarly, the company's 1-month performance of -13.51% was lower than the Sensex's -6.22% performance.

Despite the decline in stock price, it is important to note that this article is not making any recommendations or discussing future potential. The information provided is based on facts and is presented in a neutral and informative tone. As a largecap company in the steel industry, Shyam Metalics & Energy continues to be a significant player in the market.