{
  "id": 17718785,
  "title": "Sensex today | Stock Market Live: Stock to buy today: Shyam Metalics and Energy",
  "url": "https://urgent.news/2026/11/02/sensex-today-stock-market-live-stock-to-buy-today-shyam-metalics-and",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-02T01:27:50.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/markets/sensex-nifty50-today-stock-market-live-updates-2nd-november-2026/article71653748.ece"
  },
  "original_language": "en",
  "account": "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.",
  "summary": "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.",
  "key_points": [
    "Oil prices dropped 1% on November 2, 2026",
    "Shyam Metalics opened new exclusive brand store in Pune",
    "AUM increased 41.95% year-over-year to Rs 187,810 crore"
  ],
  "editors_take": "Expanding its retail footprint alongside significant revenue and margin growth signals a strengthening operational performance for Shyam Metalics and Energy despite volatility in global oil markets.",
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "CNBC",
        "title": "Stock futures tick higher ahead of busy week of earnings, jobs data and the midterm elections: Live updates",
        "url": "https://urgent.news/2026/11/01/stock-futures-tick-higher-ahead-of-busy-week-of-earnings-jobs-data",
        "published": "2026-11-01T23:03:39.000Z"
      },
      {
        "outlet": "Business Standard IN",
        "title": "Stock Market LIVE: GIFT Nifty rises over 100 pts; Asia markets mixed; Brent crude drops 2%",
        "url": "https://urgent.news/2026/11/02/stock-market-live-gift-nifty-rises-over-100-pts-asia-markets-mixed",
        "published": "2026-11-02T02:22:59.000Z"
      },
      {
        "outlet": "NDTV",
        "title": "Stock Market LIVE Updates, Sensex Today: Markets Likely To Start Higher As Oil Prices Ease, GST Collections Rise",
        "url": "https://urgent.news/2026/11/02/stock-market-live-updates-sensex-today-markets-likely-to-start-higher",
        "published": "2026-11-02T02:29:45.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}