Shyam Metalics shares jump 7.7% on strong Q4FY26 sales growth

Shyam Metalics and Energy Ltd witnessed strong investor interest on Tuesday, with its shares jumping 7.7 per cent during intraday trade on the BSE after the company released impressive sales numbers for March and the fourth quarter of FY26.

The stock touched an intraday high of Rs 856.20 before trading at Rs 831.95 around 10:15 AM, up 4.74 per cent even as the broader BSE Sensex remained under pressure.

The sharp rally was triggered by robust growth across multiple product categories. The company’s pig iron segment emerged as the strongest performer, with March sales volume surging 245.37 per cent year on year to 94,319 metric tonnes. Stainless steel sales also posted a solid 58.91 per cent increase, reaching 10,519 metric tonnes, while average realisation climbed 19.01 per cent.

Another major highlight came from CR coils and CR sheets, where sales volumes nearly doubled in March, rising 94.78 per cent year on year to 16,080 metric tonnes. On a full-year basis, this segment recorded an exceptional 715.96 per cent jump, supported by the commissioning of the colour-coated plant at Jamuria.

The company also reported strong momentum in pellet sales, which rose 44.31 per cent year on year to 1,06,917 metric tonnes. Aluminium foil volumes increased 8.51 per cent, while speciality alloys grew 8.64 per cent during the month.

Carbon steel, one of the company’s core segments, also registered a 3.09 per cent increase in March volumes, reflecting steady demand from the infrastructure and manufacturing sectors.

Market experts believe the strong operational update has boosted investor confidence, especially as Shyam Metalics continues to strengthen its integrated metal manufacturing capabilities across steel, alloys, aluminium foil and ferro products.

The latest performance underscores the company’s expanding presence in the Indian metals and steel market and positions it well for sustained growth in the coming quarters.