India's Shyam Metalics up after JV bags license for iron ore block

Shyam Metalics and Energy

27/03/2024 04:11

** Shares of Shyam Metalics and Energy  SHYE.NS  up 3% to
617.7 rupees, highest since March 11
    ** Metal maker's JV Natural Resources Energy got letter of
intent for composite license for iron ore block in Maharashtra 
    ** Stock down 2% YTD vs a 100% jump last year

 (Reporting by Aleef Jahan in Bengaluru)
 ((aleefjahan.cs@thomsonreuters.com))