Shyam Metalics plans to double revenue by 2031 on the back of Rs 10,000-cr capex

Shyam Metalics and Energy anticipates improved margins and earnings by shifting to direct customer sales. The company plans significant investments to expand its capacity across various business segments. Revenue is targeted to more than double by 2031, continuing strong annual growth. Stainless steel revenue is projected to increase substantially after expansion completion by 2028. Future demergers are not currently planned as integration remains the focus.

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