India's Shyam Metalics reverses losing run after profit rise

Shyam Metalics and Energy

07/11/2025 07:59

** Shares of India's Shyam Metalics and Energy SHYE.NS rise 4.4% to 876 rupees

** Stock set to gain for the first session in three - its  busiest day in over a month

** Trading vols ~3.7x the 30-day avg of 218.5k shares

** Metal products maker posts 21% rise in Q2 consol profit y/y, rev from ops up 22%

** Stock rated "buy" on avg by 5 analysts covering it; median PT at 1079 rupees - data compiled by LSEG

** YTD, SHYE up 20%

 (Reporting by Komal Salecha)

 ((Komal@thomsonreuters.com;))