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Shyam Metalics and Energy Limited
Share Price Target & Analysis

NSE:SHYAMMETL

606.86

VWAP

613.00

Open

603.95

Close

616.25

High

598.00

Low

737.80

52 Week High

604.10 ⇧
0.15 (0.02%)

SHYAMMETL

(METALS)
72.3% Momentum

Sideways to Positive

254.55

52 Week Low

12.59

EPS

22.51

PE

3.99

PB

Economical
Quality

Gold
Valuation

#Analysis

NSE: SHYAMMETL Share Price Financial Analysis & Valuation

Shyam Metalics and Energy Limited (SHYAMMETL) is broadly categorized in METALS segment industry which deals in Iron & Steel vertical. It is one of Mid Cap company with Market Capitalization of Rs 8494.2 (in Cr). Total number of free float shares are 0 (in Lacs). Shyam Metalics and Energy Limited is listed on NSE with Exchange ID - INE810G01011 and trading code is NSE:SHYAMMETL with short name Shyam Metalics.

In the past 1 year, Shyam Metalics and Energy Limited has declared an equity dividend of Rs 1.8 per share. At the current share price of SHYAMMETL at Rs 604.10, this results in a dividend yield of 0.3 %.

As per the Fundamental Analysis of NSE:SHYAMMETL, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine SHYAMMETL underlying value and future prospects. All of this data is available in SHYAMMETL financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:SHYAMMETL, it is clearly understood that SHYAMMETL is Economical performer in terms of earnings and profit margins with an EPS of 12.59. NSE:SHYAMMETL book value per share as of today is 151.42. The current price to book ratio for SHYAMMETL as of May 16, 2024 is 3.99.

Valuation of the Stock: The current valuation of SHYAMMETL stock is like Gold which means currently the stock is Overpriced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of SHYAMMETL whether to BUY this stock at current valuation. The delivery percentage of SHYAMMETL is 62.42% is very crucial parameter which shows that 62.42% investors are anticipating that the price of SHYAMMETL share should go up with VWAP at 606.86.

Now, the main question is whether to BUY or SELL, NSE:SHYAMMETL at current valuation.
As per latest Analysis No. #650:-

⇑ STRONG BUY SHYAMMETL if All Greens

⇗ BUY SHYAMMETL (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD SHYAMMETL (With Stop Loss) if only 1 Green

⇘ SELL SHYAMMETL if NO Green Indicator

NSE: SHYAMMETL Share Price Today (May 16, 2024)

(Shyam Metalics and Energy Limited Daily Analysis on the basis of SHYAMMETL Intraday Graph & Trend)

Shyam Metalics and Energy Limited share price moved Up by 0.02% from its previous close of Rs 603.95. SHYAMMETL stock last traded price is 604.10. SHYAMMETL share price trend is Up with a total of 383452 stocks traded till now. It has touched an intraday high of Rs 616.25 and an intraday low of Rs 598.00. The SHYAMMETL trading at 604.10, Up by Rs. 0.15, or 0.02 percent which suggests that most of the Traders are anticipating that the price of SHYAMMETL share should go Up.

NSE: SHYAMMETL Share Price Tomorrow Prediction

(Shyam Metalics and Energy Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of SHYAMMETL)

Shyam Metalics and Energy Limited share price moved Up by 0.02%. SHYAMMETL share price short term trend is Up. It suggests that SHYAMMETL Share Price for Tomorrow remains the same with VWAP at 606.86 will be treated as stop loss for intraday traders. Shyam Metalics and Energy Limited Long term investors can follow the SHYAMMETL long term trend as mentiond in future forecast table.

NSE Code

NSE: SHYAMMETL

SHYAMMETL Share Price Today

 604.10

SHYAMMETL Share Price Target Prediction for 2024 ^

 478.1 - 741.5

SHYAMMETL Share Price Target Prediction for 2025*^

 741.5 - 789.9

SHYAMMETL Share Price Target Prediction for 2026*^

 789.9 - 845.2

SHYAMMETL Share Price Target Prediction for 2027*^

 887

SHYAMMETL Share Price Target Prediction for 2028*^

 913

SHYAMMETL Share Price Target Prediction for 2030*^

 995
SHYAMMETL Current Book Value 2023
150.7

*Shyam Metalics and Energy Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^SHYAMMETL share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

SHYAMMETL Technical Analysis

Candlestick Pattern: @604.1

SHYAMMETL Moving Averages

BUY (8) NEUTRAL (0) SELL (6)
MA Simple Action S1 Expo Action E2
MA_5 587.81 BUY 595.41 BUY
MA_12 603.67 BUY 599.62 BUY
MA_20 607.87 SELL 603.3 BUY
MA_32 609.83 SELL 608.29 SELL
MA_50 609.73 SELL 611.17 SELL
MA_100 636.94 SELL 603.45 BUY
MA_200 544.22 BUY 546.2 BUY

SHYAMMETL Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 607.87 Downtrend
MACD -1.6 SELL
ADX 15.77 NO or Weak Trend
DMI (+/-) 20.88 / 21.58 Downtrend

SHYAMMETL Momentum Oscillators

BUY (3) NEUTRAL (7) SELL (2)
Momentum Oscillators Value Action
RSI 49.36 Neutral
STOCHASTIC_K (Fast) 81.46 Overbought
STOCHASTIC_D (Slow) 68.64 Neutral
CCI -4.95 Neutral
PSAR 628.51 SELL
TRUE RANGE 18.25 Neutral
ATR 23.38 Neutral
WILLIAMS R -57.13 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 94.35 Overbought
MOMENTUM -13.95 SELL

SHYAMMETL Last 1 Year Trend

Duration Value
1 Year 99.47%
3 Months -12.73%
1 Month -2.26%
1 Week 2.02%

SHYAMMETL Technical Analysis Summary

Updated on 2024-05-15
Action Overall (%)
BUY 37%
NEUTRAL / HOLD 27%
SELL 37%

Most popular Questions & Answers about SHYAMMETL


Shyam Metalics and Energy Limited stock last traded price is 604.10. SHYAMMETL share price moved Up by 0.02% from its previous close of Rs 603.95.

Shyam Metalics and Energy Limited share price trend is Up with a total of 383452 stocks traded till now. It has touched an intraday high of Rs 745.178 and an intraday low of Rs 598.00. The SHYAMMETL trading at 604.10, Up by Rs. 0.15, or 0.02 percent which suggests that most of the Traders are anticipating that the price of SHYAMMETL share should go Up and the Stop Loss will be around 606.86.

The market cap of Shyam Metalics and Energy Limited is ₹8494.2 (in Cr) as of May 15, 2024.

The current price to earning ratio for Shyam Metalics and Energy Limited as of May 15, 2024 is 22.51.

The current price to book ratio for Shyam Metalics and Energy Limited as of May 15, 2024 is 3.99.

The highest price of Shyam Metalics and Energy Limited stock is ₹737.80 in the last 52-week.

The lowest price of Shyam Metalics and Energy Limited stock is ₹254.55 in the last 52-week.

Shyam Metalics and Energy Limited share trading at ₹604.10, Up by Rs. 0.15, or 0.02 percent which suggests that most of the traders are anticipating that the price of SHYAMMETL share should go Up.

In 2023, Stock price target for Shyam Metalics and Energy Limited (SHYAMMETL) are ₹478.1 on downside and ₹741.5 on upside. Shyam Metalics and Energy Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Shyam Metalics and Energy Limited (SHYAMMETL) are ₹741.5 on downside and ₹789.9 on upside. Shyam Metalics and Energy Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Shyam Metalics and Energy Limited (SHYAMMETL) are ₹789.9 on downside and ₹845.2 on upside. Shyam Metalics and Energy Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Shyam Metalics and Energy Limited (SHYAMMETL) will be around ₹913 Shyam Metalics and Energy Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of SHYAMMETL.

As per the fundamental analysis of Shyam Metalics and Energy Limited (SHYAMMETL), it is of Economical quality in terms of earnings and profit margins with an EPS of 12.59. Shyam Metalics and Energy Limited book value per share as of today is 151.42. The current price to book ratio for SHYAMMETL as of May 16, 2024 is 3.99.


NSE:SHYAMMETL News & Other Useful Information about SHYAMMETL Share Price


Peer Comparison of NSE: SHYAMMETL

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Iron & Steel

Company Price EPS BV
TATASTEEL 165.60 3.54 108
HINDALCO 653.70 13.87 260.29
SHYAMMETL 604.10 13.04 151.42
TINPLATE 430.50 8.91 120.66
MIDHANI 444.60 5.92 68.66
JTLINFRA 220.50 6.36 23.09
VENUSPIPES 2097.75 42.36 200.08
GALLANTT 284.60 9.34 101.57
HARIOMPIPE 628.45 19.84 120.4
SUPREMEENG 1.10 0 -2.65
Updated at: 15 May 2024 15:32

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