Shyam Metalics and Energy shares reached an all-time high on Thursday, rising more than 2% in intraday trading on the Bombay Stock Exchange.
The stock opened at ₹1,028.05, buoyed by a positive business update from the company that reinforced investor confidence in its near-term outlook.
In the past three months alone, the stock has climbed nearly 21%, with July adding more than 9% to the tally so far.
The move extends a robust rally for the steelmaker, which has gained over 23% year-to-date.
In the past three months alone, the stock has climbed nearly 21%, with July adding more than 9% to the tally so far.
The record high underscores sustained buying interest in the name despite broader market volatility.
The rally comes as Indian industrial stocks have seen renewed momentum, with peers like Diamond Power Infrastructure and Titan Company also hitting record highs recently.