Shyam Metalics moves up as its arm commissions Phase II of Cold Rolling Mill facility in Jamuria
The company has commenced commercial production thereof with effect from 16 April, 2026
Shyam Metalics And Energy is currently trading at Rs. 863.20, up by 2.05 points or 0.24% from its previous closing of Rs. 861.15 on the BSE.
The scrip opened at Rs. 856.00 and has touched a high and low of Rs. 879.75 and Rs. 854.95 respectively. So far 10859 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1000.90 on 31-Jul-2025 and a 52 week low of Rs. 745.65 on 16-Mar-2026.
Last one week high and low of the scrip stood at Rs. 879.75 and Rs. 813.80 respectively. The current market cap of the company is Rs. 24116.99 crore.
The promoters holding in the company stood at 74.59%, while Institutions and Non-Institutions held 12.26% and 13.15% respectively.
Shyam Metalics and Energy’s step-down subsidiary-- Shyam Sel and Power (SSPL) has successfully commissioned the Phase II of its Cold Rolling Mill (CRM) Facility for Colour Coated Sheets at its plant in Jamuria, and has commenced commercial production thereof with effect from 16 April, 2026.
With the commissioning of Phase II, the company has added an incremental capacity of 0.15 Million Tonnes Per Annum (MTPA) for Colour Coated Sheets. The total installed capacity for this facility now stands at 0.40 MTPA, comprising the existing Phase I capacity of 0.25 MTPA and the newly added Phase II capacity of 0.15 MTPA. This enhancement will significantly strengthen SSPL’s production capabilities and product offerings in the value-added steel segment.
This development marks a significant milestone in the company’s phased capacity expansion strategy and is expected to further enhance its manufacturing competitiveness and market presence in the Colour Coated Sheets segment.
Shyam Metalics and Energy is a leading integrated metal producing company based in India with a focus on long steel products and ferro alloys.

