Shyam Metalics and Energy Ltd

📈 Shyam Metalics Reports Mixed Sales & Realization Trends Across Key Products

- Stainless Steel: Sales volume up 19.07% YoY & 44.11% MoM; realizations up 18.18% YoY & 1.79% MoM.

- Speciality Alloys: Sales volume surged 50.05% YoY & 11.98% MoM; realizations up 3.12% YoY but down 1.28% MoM.

- CR Coil/CR Sheets: Sales volume skyrocketed 835.77% YoY & 18.79% MoM; realizations up 7.24% YoY but down 2.24% MoM.

- HR Tube/Pipe: Sales volume up 25.87% MoM & 81.09% QoQ; realizations down 1.61% MoM but up 3.34% QoQ.

- Sponge Iron: Sales volume up 19.52% YoY & 16.95% MoM; realizations down 7.98% YoY & 3.95% QoQ.

- Pig Iron: Sales volume up 45.49% YoY but down 35.44% MoM; realizations down 3.96% YoY & 1.86% QoQ.

- Aluminium Foil: Sales volume down 4.69% YoY & 5.47% MoM; realizations up 7.35% YoY & 2.71% MoM.

- Pellet: Sales volume down 1.95% YoY & 16.72% MoM; realizations up 5.55% YoY & 1.65% MoM.

- Carbon Steel: Sales volume down 8.03% YoY but up 9.30% MoM; realizations down 4.40% YoY but up 3.87% MoM.

- Credit Rating: Upgraded to CRISIL AA+ (Stable) for long-term bank facilities.