Shyam Metalics shares rise after proposing additional ₹2,700 crore capex to boost capacity by 2029
Shares of Shyam Metalics and Energy Ltd. gained on Wednesday, April 29, after the company proposed to invest fresh capital worth another ₹2,700 crore in addition to its existing ₹16,060 crore pipeline to expand its capacity. The company said the investment will be funded entirely via internal accruals and is aimed at expanding higher-margin product…
