NSE: SHYAMMETL | BSE: 543299

Strong Performer, Under Radar

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812.75 -6.20 (-0.76%)

29.37% Gain from 52W Low

40,513 NSE+BSE Volume

NSE 28 Nov, 2025 12:46 PM (IST)

22,686.4

Market Cap

High in industry

Beta 1Year

Low volatility

Shyam Metalics and Energy Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for SHYAMMETL, BSE:543299 Shyam Metalics and Energy Ltd.

Shyam Metalics and Energy Ltd.

16 Mar 2023

812.75

-0.76%

Multi-fold and multi-faceted growth potential

Buy: Shyam Metalics and Energy ...

Target

ICICI Securities Limited

We perceive more than 100% upside in Shyam Metalics and Energy’s (SMEL) stock price from CMP on the back of: 1) ramp-up and stabilisation of existing capacities; 2) recent foray into stainless steel and colour-coated steel, which is likely to yield an additional EBITDA of Rs6bn by FY25E.

Shyam Metalics and E.. has an average target of 1000.00 from 1 broker.

Shyam Metalics and Energy Ltd.

16 Feb 2023

812.75

-0.76%

Earnings likely to have bottomed out

Buy: Shyam Metalics and Energy ...

Target

ICICI Securities Limited

Shyam Metalics and Energy’s (SMEL) Q3FY23 performance met our estimates. Key points: 1) Lower contribution from pellets and ferroalloys impacted profitability. 2) Rolled products volume grew 49% YoY (33% QoQ); 3) higher interest cost owing to iron ore fines inventory accretion at lower cost.

ICICI Securities Limited increased Buy price target of Shyam Metalics and Energy Ltd. to 1000.0 on 11 Nov, 2025.

Shyam Metalics and Energy Ltd.

10 Nov 2022

812.75

-0.76%

Cost woes hit profitability

Buy: Shyam Metalics and Energy ...

Target

ICICI Securities Limited

Shyam Metalics and Energy’s (SMEL) Q2FY23 performance undershot street
estimates. Key points: 1) Sharp decline in pellet realisation (down 46% YoY; 27%
QoQ) weighed on profitability.

Number of FII/FPI investors increased from 94 to 106 in Sep 2025 qtr.

Shyam Metalics and Energy Ltd.

05 Apr 2022

812.75

-0.76%

Shyam Metalics & Energy

Buy: Shyam Metalics and Energy ...

Target

AUM Capital

Shyam Metalics and E.. has an average target of 1000.00 from 1 broker.

Shyam Metalics and Energy Ltd.

17 Mar 2022

812.75

-0.76%

Prudent capital allocation to help RoE

Buy: Shyam Metalics and Energy ...

ICICI Securities Limited

Shyam Metalics and Energy Ltd (SMEL) has announced additional capex of ~Rs9.9bn over and above the existing committed capex of ~Rs30bn to be incurred over 3-4 years.

Shyam Metalics and Energy Ltd. is trading below all available SMAs

Shyam Metalics and Energy Ltd.

22 Sep 2021

812.75

-0.76%

Shyam Metalics & Energy

Buy: Shyam Metalics and Energy ...

AUM Capital

Shyam Metalics & Energy (SMEL) is a leading integrated metal producing company based in India with a focus on long steel products and ferro alloys. They are amongst the largest producers of ferro alloys, one of the leading players in terms of pellet capacity and the fourth largest player in the sponge iron industry, in terms of capacity in India. They have a diversified product mix which enables them to sell both...

Shyam Metalics and E.. has an average target of 1000.00 from 1 broker.

Shyam Metalics and Energy Ltd.

14 Jun 2021

812.75

-0.76%

Shyam Metalics and Energy Limited

IPO Subscribe: Shyam Metalics and Energy ...

Angel Broking

Shyam Metalics and Energy Limited (SMEL) is a leading integrated metal producing company based in India with a focus on long steel products and is one of the largest ferro alloys producer in terms of installed capacity. It has geographical advantages, is present across the value chain and has ability to alter its product mix.

ICICI Securities Limited increased Buy price target of Shyam Metalics and Energy Ltd. to 1000.0 on 11 Nov, 2025.

Shyam Metalics and Energy Ltd.

14 Jun 2021

812.75

-0.76%

Shyam Metalics & Energy Ltd.

Shyam Metalics and Energy ...

AUM Capital

Shyam Metalics & Energy Ltd. (SMEL) is a leading integrated metal producing company with a focus on long steel products and ferro alloys. It is amongst the largest producers of ferro alloys in terms of installed capacity in India, as of February 2021. SMEL has the sheer ability to sell intermediate and final products across the steel value chain. As of March 31, 2020, it is one of the leading players in terms of pellet capacity and the fourth largest player in the sponge iron industry in terms of sponge iron capacity in India. It is also one of the leading integrated steel and...

Shyam Metalics and E.. has an average target of 1000.00 from 1 broker.

Shyam Metalics and Energy Ltd.

14 Jun 2021

812.75

-0.76%

Shyam Metalics & Energy: IPO

IPO Note: Shyam Metalics and Energy ...

ICICI Securities Limited

SMEL's Sambalpur and Jamuria plants operate as ore to metal' integrated steel manufacturing plants and comprise captive railway sidings, captive power plants, iron pellet, sponge iron, billet, thermo mechanically treated (TMT), wire rod and structural mills, and ferro alloy plants. The integrated nature (backward and forward integration) of the manufacturing plants has resulted in control over all aspects of the operations (with the exception of sourcing of primary raw materials) as well as operating margins, thereby enabling the company to focus more on quality and create multiple points...