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Shyam Metalics reports stainless steel sales volume up 20.40% year-over-year

06-Nov-26 15:42 Hrs IST

Shyam Metalics and Energy Limited reported a mixed sales performance for the month ended October 31, 2026, according to a regulatory filing. The company saw a 20.40% year-over-year increase in stainless steel sales volume, alongside a 42.09% rise in average realization, while aluminium foil sales increased by 22.20% year-over-year with a 27.40% increase in average realization following the commissioning of a new facility in July 2026. Conversely, carbon steel (long) sales decreased by 15.85% year-over-year, and metallics sales rose by 6.61% year-over-year. The company, a leading multi-metal conglomerate, maintains a CRISIL credit rating of AA+ (Stable) for long-term bank facilities and A1+ for short-term facilities.

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