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Sensex today | Stock Market Live: Stock to buy today: Shyam Metalics and Energy

Sensex, Nifty, Share Prices Live: The stock of Shyam Metalics and Energy has been in a steady uptrend since April. The Uptrend was established on the back of the support at ₹750. A couple of weeks back, the stock broke out of a key resistance at ₹1,110 and rose to mark a fresh high of ₹1,240.

Oil prices declined by more than 1% on November 2, 2026, as discussions between Iran and Qatar progressed, and disruptions in the Strait of Hormuz and geopolitical concerns kept Brent crude prices high. The Shyam Metalics and Energy company opened a new exclusive brand store in Pune on October 30, 2026, bringing the total number of their exclusive brand stores to six, while the company's P. N. Gadgil & Sons Limited operates 34 stores in total.

EBITDA margin stood at 7.60% for the current period, up from 6.10% in the previous year and 7.40% compared to the previous quarter. The total assets under management (AUM) were Rs 187,810 crore, up 41.95% year-over-year, and Rs 178,956 crore, up 43.3% quarter-over-quarter. Revenue from operations reached Rs 3,668 crore, surpassing the forecasted Rs 2,487.3 crore.

The EBITDA came in at Rs 423 crore, representing a 25.9% increase from the previous quarter and a 37.8% year-over-year growth.

Written by urgent.news from Hindu BusinessLine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Also reported by 2 other outlets

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