Shyam Metalics announces ₹2,700 crore expansion, adds to ₹16,060 crore pipeline
Shyam Metalics & Energy · Industrial Products
Key highlights
- ₹2,700 crore growth program funded entirely through internal accruals, targeting commissioning by 2029
- ₹900 crore invested in 8,00,000 TPA Special Bar Quality and specialty wire rod & bar mill for premium steel products
- ₹1,800 crore stainless steel capacity expansion including melt shop, cold rolling mills, and annealing lines, increasing total investment to ₹2,830 crore
Why it's rated notable: amount is ₹500 crore or more
Original filing
Announcement under Regulation 30 (LODR)-Press Release / Media Release
Read the filing on BSE (PDF) →Companies guiding to strong growth
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More from Shyam Metalics & Energy
- Acquisition / mergerMajor developmentShyam Metalics reports Q2 FY27 financial results with strong revenue and profit growth
- Acquisition / mergerNotableShyam Sel and Power Ltd seeks NCLT approval for scheme to amalgamate Shree Venkateshwara Electrocast Pvt Ltd
- Fundraise / allotmentNotableShyam Metalics and Energy Limited proposes QIP to raise up to ₹4,500 crore
- Fundraise / allotmentNotable· Adverse for the businessShyam Metalics and Energy Ltd announces Q1 FY2026-27 results, dividend, and fund raise
- Fundraise / allotmentNotable· Adverse for the businessShyam Metalics Q1 FY27 results approved, interim dividend declared, fund raise planned
Other capex / expansion filings this fortnight
- Maharaja & Speedex India Limited raises manufacturing capacity to 72 lakh units/year
- Elin Electronics Q2 FY27 earnings report with 10% revenue growth and margin update
- HOAC Foods India Limited H1 FY27 Earnings Call Transcript dated November 5, 2026
- Gujarat State Fertilizers & Chemicals Limited Q2 FY27 Earnings Call Highlights
- Supriya Lifescience H1 revenue up 14.8% to ₹396.04 crore; Q2 profit falls
- V-MARC India Ltd announces Q2 & H1 FY27 unaudited financial results and review report
Potential multibaggers · Q2 FY27
Potential multibaggers in Industrial Products
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.