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Iron & Steel
Monthly Update9 Jul 2024, 03:55 pm

Shyam Metalics and Energy Ltd: Stainless Steel Sales Up by 100.69% YoY, Aluminium Foil Sales Down by 6.29% YoY

AI Summary

Shyam Metalics and Energy Ltd has announced its sales release for the month ended 30th June, 2024. The company reported an increase of 100.69% in sales volumes of Stainless Steel on a YoY basis, along with a 44.03% increase in realisations. However, for Aluminium Foil, there was a decrease of 6.29% in sales volumes and a 5.60% increase in realisations. The performance in the quarter showed an increase of 14.59% in terms of volumes and 6.49% in realisations for Stainless Steel, while Aluminium Foil had a decrease of 42.87% in volumes and remained almost stagnant in realisations.

Key Highlights

  • Stainless Steel sales volumes increased by 100.69% YoY
  • Stainless Steel realisations increased by 44.03% YoY
  • Aluminium Foil sales volumes decreased by 6.29% YoY
  • Aluminium Foil realisations increased by 5.60% YoY
  • Quarterly performance of Stainless Steel improved by 14.59% in terms of volumes and 6.49% in realisations
  • Aluminium Foil volumes decreased by 42.87% MoM and realisations remained stagnant
SHYAMMETL
Iron & Steel
Shyam Metalics and Energy Ltd

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