Shyam Metalics Outperforms Sector Amid Positive Price Momentum and Yearly Gains

Shyam Metalics & Energy has shown notable activity today, gaining 3.47% as of March 18, 2025. The stock opened lower, down 2.63%, but rebounded to reach an intraday high of Rs 848.2, reflecting a 3.23% increase. The stock's performance today outpaced the sector by 1.38%, indicating a strong position within the steel, sponge iron, and pig iron industry.
In terms of moving averages, Shyam Metalics is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend in its price momentum. Over the past week, the stock has increased by 5.57%, and it has shown a remarkable 17.79% gain over the past month, significantly outperforming the Sensex, which has declined by 1.30% during the same period.

Year-to-date, Shyam Metalics has achieved a 17.82% increase, while the Sensex has faced a downturn of 4.04%. Over the past year, the stock has surged by 46.40%, further solidifying its strong market position.