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Shyam Metalics and Energy concluded its qualified institutional placement (QIP), raising a total of Rs 1,385 crore. Veteran investor Madhusudan Kela, Europe s Societe Generale and Reliance Commercial Finance are among the many allottees. ....
Experts believe that despite the March quarter traditionally being the strongest for steelmakers both in terms of demand and margins, they may have to look at moderating prices. "Indian steel mills are scrambling to stem the tide of imports, but their focus on quality alone won t suffice. Price competitiveness is paramount in this market, and a failure to adapt could spell disaster for their bottom lines in FY25," said Vedant Goel, managing director at Neo Mega Steel, a Pune-based steel trader. ....
Shyam Metalics & Energy Share Price Today - 21 Dec 2023: Find Shyam Metalics & Energy Stock Price Live updates on Mint. Check out Shyam Metalics & Energy share price and NSE/BSE details with 52-week high, 52-week low, Dividend, Technicals, Shyam Metalics & Energy Quarterly Results, and more. ....
Top Gainers and Losers Today : The Sensex gained 358.79 points, or 0.51, to settle at 70506.31, while the Nifty gained 104.9 points, or 0.5, to close at 21150.15. ....