Risk factor
Strong & resilient to price shocks
Profitability factor
Good margins and returns
About
Shyam Metalics and Energy Limited manufactures and sells steel and ferro alloy products in India. The company offers steel billets, iron pellets, sponge iron, wire rods, thermo mechanically treated bars, and structural steel products. It also manufactures and sells aluminum foils for use in pharmaceutical, household, contraceptive, FMCG, electronics, electricals, automotive, dairy, confectionery, flexible packaging, and other industries. The company was formerly known as Shyam DRI Power Limited and changed its name to Shyam Metalics and Energy Limited in November 2009. Shyam Metalics and Energy Limited was incorporated in 2002 and is based in Kolkata, India.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. In particular, the stock is reasonably priced on P/E, of fair value on E
Target Price
The average target price of SHYAMMETL.NS is 1041 and suggests 7% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommen