Shyam Metalics Shows Strong Performance Amid Broader Market Gains and Positive Trends

Shyam Metalics & Energy has shown significant activity today, gaining 4.18% on April 2, 2025. The stock has outperformed its sector by 4.44%, marking a positive trend as it has recorded consecutive gains over the last three days, accumulating a total return of 4.69% during this period.
Opening with a gain of 2.5%, Shyam Metalics reached an intraday high of Rs 894.5, reflecting a rise of 4.38%. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong performance relative to these key indicators.

In the broader market, the Sensex has also experienced a positive session, climbing 261.65 points to reach 76,407.93, up by 0.5%. While the Sensex is trading above its 50-day moving average, it is noteworthy that the 50-day moving average is below the 200-day moving average.

Over various time frames, Shyam Metalics has demonstrated robust performance, with a year-to-date increase of 23.53% and a remarkable 145.05% rise over the past three years, significantly outpacing the Sensex's performance during the same periods.