843.10
-3.13%
ICICI Securities Limited
We see Shyam Metalics and Energy (SMEL) effectively evolving on its 3C principle: Comprehensive products, Capex focus and Cost efficiencies. The recently announced capex plan of INR 39bn illustrates the company’s sharp focus on both scope and scale.
Shyam Metalics and E.. has an average target of 890.50 from 2 brokers.
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