India: Shyam Metalics records drop in stainless steel sales in Oct'25
Shyam Metalics and Energy's stainless steel sales volumes declined by 12% to 6,372 t in Oct'25 against 7,240 t in Sep'25 and dropped 2.47% from 6,533 t in Oct'24. However, average realisations inched up by 0.13% m-o-m to INR 137,420/t. In Q2FY'26, total sales increased by 25% y-o-y to 24,720 t, highlighting the company's steady expansion across its key product lines.