{"id":338046,"date":"2026-11-04T10:25:57","date_gmt":"2026-11-04T04:55:57","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=338046"},"modified":"2026-11-04T10:25:57","modified_gmt":"2026-11-04T04:55:57","slug":"shyam-metalics-share-price-3-year-cagr-vs-steel-majors-tata-jsw-sail","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/shyam-metalics-share-price-3-year-cagr-vs-steel-majors-tata-jsw-sail\/","title":{"rendered":"Shyam Metalics Share Price: 40.5% CAGR in 3 Years as This Newly Listed Metal Producer Takes On Tata Steel, JSW Steel and SAIL"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/shyam-metalics-share-price-3-year-cagr-vs-steel-majors-tata-jsw-sail\/#Shyam_Metalics_Share_Price_405_CAGR_in_3_Years_as_This_Newly_Listed_Metal_Producer_Takes_On_Tata_Steel_JSW_Steel_and_SAIL\" title=\"Shyam Metalics Share Price: 40.5% CAGR in 3 Years as This Newly Listed Metal Producer Takes On Tata Steel, JSW Steel and SAIL\">Shyam Metalics Share Price: 40.5% CAGR in 3 Years as This Newly Listed Metal Producer Takes On Tata Steel, JSW Steel and SAIL<\/a><ul class='ez-toc-list-level-2' ><li class='ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/shyam-metalics-share-price-3-year-cagr-vs-steel-majors-tata-jsw-sail\/#How_Much_Has_the_Shyam_Metalics_Share_Price_Returned_in_3_Years\" title=\"How Much Has the Shyam Metalics Share Price Returned in 3 Years?\">How Much Has the Shyam Metalics Share Price Returned in 3 Years?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/shyam-metalics-share-price-3-year-cagr-vs-steel-majors-tata-jsw-sail\/#Shyam_Metalics_vs_SAIL_JSW_Steel_and_Tata_Steel_3-Year_CAGR_Compared\" title=\"Shyam Metalics vs SAIL, JSW Steel and Tata Steel: 3-Year CAGR Compared\">Shyam Metalics vs SAIL, JSW Steel and Tata Steel: 3-Year CAGR Compared<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/shyam-metalics-share-price-3-year-cagr-vs-steel-majors-tata-jsw-sail\/#Valuation_and_Quality_Compared\" title=\"Valuation and Quality Compared\">Valuation and Quality Compared<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/shyam-metalics-share-price-3-year-cagr-vs-steel-majors-tata-jsw-sail\/#What_Is_Driving_the_Shyam_Metalics_Stock\" title=\"What Is Driving the Shyam Metalics Stock?\">What Is Driving the Shyam Metalics Stock?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/shyam-metalics-share-price-3-year-cagr-vs-steel-majors-tata-jsw-sail\/#How_the_Established_Players_Stack_Up\" title=\"How the Established Players Stack Up\">How the Established Players Stack Up<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/shyam-metalics-share-price-3-year-cagr-vs-steel-majors-tata-jsw-sail\/#What_Should_Investors_Track_Next\" title=\"What Should Investors Track Next?\">What Should Investors Track Next?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/shyam-metalics-share-price-3-year-cagr-vs-steel-majors-tata-jsw-sail\/#How_to_Compare_Steel_Stocks_Yourself\" title=\"How to Compare Steel Stocks Yourself\">How to Compare Steel Stocks Yourself<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/shyam-metalics-share-price-3-year-cagr-vs-steel-majors-tata-jsw-sail\/#A_Compact_Metal_Producer_Worth_Tracking\" title=\"A Compact Metal Producer Worth Tracking\">A Compact Metal Producer Worth Tracking<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/shyam-metalics-share-price-3-year-cagr-vs-steel-majors-tata-jsw-sail\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/shyam-metalics-share-price-3-year-cagr-vs-steel-majors-tata-jsw-sail\/#What_is_the_Shyam_Metalics_share_price_today\" title=\"What is the Shyam Metalics share price today?\">What is the Shyam Metalics share price today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/shyam-metalics-share-price-3-year-cagr-vs-steel-majors-tata-jsw-sail\/#What_is_the_3-year_CAGR_of_the_Shyam_Metalics_stock\" title=\"What is the 3-year CAGR of the Shyam Metalics stock?\">What is the 3-year CAGR of the Shyam Metalics stock?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/shyam-metalics-share-price-3-year-cagr-vs-steel-majors-tata-jsw-sail\/#Is_Shyam_Metalics_better_than_Tata_Steel_or_JSW_Steel\" title=\"Is Shyam Metalics better than Tata Steel or JSW Steel?\">Is Shyam Metalics better than Tata Steel or JSW Steel?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/shyam-metalics-share-price-3-year-cagr-vs-steel-majors-tata-jsw-sail\/#What_does_Shyam_Metalics_and_Energy_do\" title=\"What does Shyam Metalics and Energy do?\">What does Shyam Metalics and Energy do?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/shyam-metalics-share-price-3-year-cagr-vs-steel-majors-tata-jsw-sail\/#Is_the_Shyam_Metalics_stock_debt_free\" title=\"Is the Shyam Metalics stock debt free?\">Is the Shyam Metalics stock debt free?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/shyam-metalics-share-price-3-year-cagr-vs-steel-majors-tata-jsw-sail\/#Is_Shyam_Metalics_expensive_compared_with_the_industry\" title=\"Is Shyam Metalics expensive compared with the industry?\">Is Shyam Metalics expensive compared with the industry?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/shyam-metalics-share-price-3-year-cagr-vs-steel-majors-tata-jsw-sail\/#Which_steel_stock_gave_the_highest_return_in_3_years\" title=\"Which steel stock gave the highest return in 3 years?\">Which steel stock gave the highest return in 3 years?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/shyam-metalics-share-price-3-year-cagr-vs-steel-majors-tata-jsw-sail\/#How_do_I_calculate_CAGR_for_a_stock\" title=\"How do I calculate CAGR for a stock?\">How do I calculate CAGR for a stock?<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"Shyam_Metalics_Share_Price_405_CAGR_in_3_Years_as_This_Newly_Listed_Metal_Producer_Takes_On_Tata_Steel_JSW_Steel_and_SAIL\"><\/span><strong>Shyam Metalics Share Price: 40.5% CAGR in 3 Years as This Newly Listed Metal Producer Takes On Tata Steel, JSW Steel and SAIL<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Shyam Metalics previous close Rs 1,219.50. 3-year CAGR 40.5%. Up 2.8x since 3 Nov 2023. P\/E 24.79 vs industry 20.41. ROE 10.97%.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The <strong>Shyam Metalics share price<\/strong> closed at Rs 1,219.50 on 3 November 2026, a compounded annual return of 40.5% over three years. That compares with SAIL at 25.4%, JSW Steel at 20.9% and Tata Steel at 14.6%. The company has a market cap of Rs 33,987 crore and a P\/E of 24.79 against an industry P\/E of 20.41.<\/p>\n<\/p><\/div>\n<p>The <strong>Shyam Metalics share price<\/strong> has compounded faster than three of India&#8217;s largest listed steel companies over the last three years. That is notable because Shyam Metalics and Energy is a much smaller business, listed on the exchanges only in 2023, and it competes in a sector dominated by Tata Steel, JSW Steel and SAIL.<\/p>\n<p>To test how well that holds up, we calculate the three-year CAGR for all four companies, then compare market cap, P\/E against the industry average, return on equity and debt. Every price is adjusted for splits and bonuses, so the comparison is on equal terms.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=shyam-metalics-share-price\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_Much_Has_the_Shyam_Metalics_Share_Price_Returned_in_3_Years\"><\/span><strong>How Much Has the Shyam Metalics Share Price Returned in 3 Years?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Shyam Metalics stock closed at Rs 440.00 on 3 November 2023 and at Rs 1,219.50 on 3 November 2026. Rs 1 lakh invested three years ago would have grown to about Rs 2.77 lakh, which is a CAGR of 40.5%. This is a price return and leaves out dividends.<\/p>\n<p>CAGR condenses a bumpy three-year ride into one yearly number, which is why it is the fairest way to compare companies of different sizes. A stock such as Shyam Metalics can look spectacular on a chart and still have earned a modest yearly return, so the compounded figure keeps the comparison honest.<\/p>\n<p>Steel is a cyclical business, and the <strong>Shyam Metalics share price<\/strong> has moved with the cycle of metal prices, volumes and raw material costs. A three-year window captures a decent part of that cycle, which makes the CAGR a reasonable guide to how each company has handled it.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Shyam_Metalics_vs_SAIL_JSW_Steel_and_Tata_Steel_3-Year_CAGR_Compared\"><\/span><strong>Shyam Metalics vs SAIL, JSW Steel and Tata Steel: 3-Year CAGR Compared<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table ranks the companies by three-year CAGR. Prices on 3 November 2023 are adjusted for splits and bonuses, and the latest figures are the previous close on 3 November 2026.<\/p>\n<table style=\"border-collapse:collapse;width:100%;margin:14px 0;\">\n<tr>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">Company<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">Close on 3 Nov 2023<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">Previous close (3 Nov 2026)<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">Price multiple<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">3-year CAGR<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Shyam Metalics and Energy<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 440.00<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 1,219.50<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">2.8x<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">40.5%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">SAIL<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 84.90<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 167.50<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">2.0x<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">25.4%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">JSW Steel<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 746.05<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 1,320.00<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">1.8x<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">20.9%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Tata Steel<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 117.30<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 176.50<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">1.5x<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">14.6%<\/td>\n<\/tr>\n<\/table>\n<p>The Shyam Metalics stock leads the group at 40.5%, followed by SAIL at 25.4%, JSW Steel at 20.9% and Tata Steel at 14.6%. The spread between the four is wide. A company that compounds at around 40% a year multiplies investor money almost threefold in three years, while a mid-teens CAGR still adds roughly half again. Both are healthy outcomes in an asset-heavy sector.<\/p>\n<p>Look at the <strong>Shyam Metalics share price<\/strong> alongside the peers as a snapshot of the last three years. It describes what happened, and valuation and earnings will decide what happens next.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Valuation_and_Quality_Compared\"><\/span><strong>Valuation and Quality Compared<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;margin:14px 0;\">\n<tr>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">Company<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">Market cap<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">P\/E<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">Industry P\/E<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">ROE<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">Debt to equity<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\"><a href=\"https:\/\/univest.in\/stocks\/jswsteel\/jsw-steel-ltd-share-price-today\">JSW Steel<\/a><\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 3,22,445 crore<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">10.17<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">20.41<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">11.86%<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">0.62<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\"><a href=\"https:\/\/univest.in\/stocks\/tatasteel\/tata-steel-ltd-share-price-today\">Tata Steel<\/a><\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 2,19,960 crore<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">19.53<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">20.41<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">10.56%<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">0.90<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\"><a href=\"https:\/\/univest.in\/stocks\/sail\/steel-authority-of-india-ltd-share-price-today\">SAIL<\/a><\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 68,980 crore<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">12.31<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">20.41<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">8.96%<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">0.50<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\"><a href=\"https:\/\/univest.in\/stocks\/shyammetl\/shyam-metalics-and-energy-ltd-share-price-today\">Shyam Metalics and Energy<\/a><\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 33,987 crore<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">24.79<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">20.41<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">10.97%<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">0.11<\/td>\n<\/tr>\n<\/table>\n<p>By market cap, JSW Steel is the largest of the group at Rs 3,22,445 crore, while the Shyam Metalics stock stands at Rs 33,987 crore, about 11% of that size. On earnings, Shyam Metalics shares trade at a P\/E of 24.79 against an industry P\/E of 20.41, a premium of about 21%, which signals that the market expects faster earnings growth. Peer multiples are SAIL at 12.31, JSW Steel at 10.17 and Tata Steel at 19.53.<\/p>\n<p>Return on equity is 10.97% for the Shyam Metalics stock, which ranks second among the four, and debt to equity stands at 0.11. Trailing EPS is Rs 49.11. Steel companies usually trade at modest multiples because of the cycle, so a P\/E above the industry average reflects the market valuing the product mix and the growth profile of the company.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Is_Driving_the_Shyam_Metalics_Stock\"><\/span><strong>What Is Driving the Shyam Metalics Stock?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Shyam Metalics and Energy is an integrated metal producer based in Kolkata. Its products include sponge iron, iron pellets, ferro alloys, stainless steel, long steel products and aluminium foil, and it generates part of its own power. That integration across the value chain gives it some control over costs.<\/p>\n<p>The company has been adding capacity across stainless steel and long products, and it has diversified into aluminium foil, which sells into a different demand cycle from construction steel. A broader product mix can smooth earnings when one segment slows.<\/p>\n<p>Anyone following the <strong>Shyam Metalics share price<\/strong> should watch capacity ramp-up, the share of value-added products in revenue, and raw material costs, which swing with coking coal and iron ore prices.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_the_Established_Players_Stack_Up\"><\/span><strong>How the Established Players Stack Up<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Tata Steel is the largest steel company in the group by volume, with a market cap of Rs 2,19,960 crore and a CAGR of 14.6%. It pays a dividend yield of 2.27% and trades at a P\/E of 19.53.<\/p>\n<p>JSW Steel is the biggest by market cap at Rs 3,22,445 crore. It compounded at 20.9% a year and trades at a P\/E of 10.17, the lowest in the group, with an ROE of 11.86%.<\/p>\n<p>SAIL is the state-owned producer. It compounded at 25.4% a year, trades at a P\/E of 12.31 and a P\/B of 1.10, and yields 1.41% in dividends.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Should_Investors_Track_Next\"><\/span><strong>What Should Investors Track Next?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Three things matter for the <strong>Shyam Metalics share price<\/strong> from here. First, steel spreads, meaning the gap between selling prices and input costs. Second, how quickly new capacity turns into volumes. Third, demand from construction and infrastructure, which drives long products.<\/p>\n<p>Cyclical stocks can swing in both directions, and a P\/E of 24.79 against an industry average of 20.41 means the market already expects growth. Treat the three-year CAGR as history rather than a promise.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check the Univest Screener for live fundamentals of steel stocks<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Compare_Steel_Stocks_Yourself\"><\/span><strong>How to Compare Steel Stocks Yourself<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>You can repeat this exercise for any pair of stocks, including the Shyam Metalics stock against its peers. Note the adjusted closing price on the base date, take the latest close, divide one by the other, raise the result to the power of one third and subtract one. Then place the CAGR next to market cap, P\/E against the industry P\/E, ROE and debt to equity. Benchmark the result against the <a href=\"https:\/\/univest.in\/indices\/nifty-50\/nifty-50-share-price-today\">Nifty 50<\/a> as well, so you know whether the stock beat the broader market.<\/p>\n<p>A stock that scores well on growth but weakly on quality, or the reverse, deserves closer study before it enters a portfolio. When tracking the <strong>Shyam Metalics share price<\/strong>, the same four checks give a more complete picture than price alone.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track the <strong>Shyam Metalics share price<\/strong> and compare steel stocks live.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"A_Compact_Metal_Producer_Worth_Tracking\"><\/span><strong>A Compact Metal Producer Worth Tracking<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The <strong>Shyam Metalics share price<\/strong> has outrun Tata Steel, JSW Steel and SAIL on a three-year CAGR basis, at 40.5% a year. It did so on a much smaller base and with a valuation above the sector average.<\/p>\n<p>The larger steel majors give scale, dividends and lower multiples, while Shyam Metalics offers faster growth with the volatility of a mid-sized cyclical. Which suits you depends on how much of the steel cycle you want to own.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Shyam_Metalics_share_price_today\"><\/span><strong>What is the Shyam Metalics share price today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Shyam Metalics and Energy closed at Rs 1,219.50 on 3 November 2026, according to NSE data. It has a market cap of Rs 33,987 crore and a P\/E of 24.79. Check live quotes before acting, as prices change every trading day.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_3-year_CAGR_of_the_Shyam_Metalics_stock\"><\/span><strong>What is the 3-year CAGR of the Shyam Metalics stock?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Shyam Metalics and Energy delivered a price CAGR of 40.5% over three years, moving from Rs 440.00 on 3 November 2023 to Rs 1,219.50 on 3 November 2026. The figure excludes dividends and uses adjusted closing prices.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Shyam_Metalics_better_than_Tata_Steel_or_JSW_Steel\"><\/span><strong>Is Shyam Metalics better than Tata Steel or JSW Steel?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Shyam Metalics stock delivered a higher three-year CAGR at 40.5% than Tata Steel at 14.6% and JSW Steel at 20.9%. The majors are much larger, with lower P\/E multiples of 19.53 and 10.17. Better depends on your risk appetite.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_does_Shyam_Metalics_and_Energy_do\"><\/span><strong>What does Shyam Metalics and Energy do?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Shyam Metalics and Energy is a Kolkata-based integrated metal producer. It makes sponge iron, pellets, ferro alloys, stainless steel, long steel products and aluminium foil, and generates part of its own power.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_the_Shyam_Metalics_stock_debt_free\"><\/span><strong>Is the Shyam Metalics stock debt free?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The debt to equity ratio of the Shyam Metalics stock is 0.11 and its return on equity is 10.97%. Always check the latest balance sheet for current figures, as debt levels change with expansion plans.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Shyam_Metalics_expensive_compared_with_the_industry\"><\/span><strong>Is Shyam Metalics expensive compared with the industry?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Shyam Metalics trades at a P\/E of 24.79 against an industry P\/E of 20.41. A higher multiple reflects expectations of faster growth, which the company must deliver through earnings.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_steel_stock_gave_the_highest_return_in_3_years\"><\/span><strong>Which steel stock gave the highest return in 3 years?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Among the companies compared here, Shyam Metalics and Energy delivered the highest three-year CAGR at 40.5%, followed by SAIL at 25.4%. Past returns do not guarantee future performance.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_do_I_calculate_CAGR_for_a_stock\"><\/span><strong>How do I calculate CAGR for a stock?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Divide the latest price by the starting price, raise the result to the power of one divided by the number of years, and subtract one. Multiply by 100 for a percentage. Use split and bonus adjusted prices for accurate results.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the Shyam Metalics share price today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Shyam Metalics and Energy closed at Rs 1,219.50 on 3 November 2026, according to NSE data. It has a market cap of Rs 33,987 crore and a P\/E of 24.79. 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See how it compares with Tata Steel, JSW Steel and SAIL on returns and valuation.<\/p>\n","protected":false},"author":38,"featured_media":338042,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[19398,19395,19396,19397],"class_list":["post-338046","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-best-steel-stocks-india","tag-shyam-metalics-share-price","tag-shyam-metalics-vs-tata-steel","tag-steel-stocks-3-year-return"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["338042"],"rank_math_title":["Shyam Metalics Share Price: 40.5% CAGR vs Tata Steel, JSW"],"rank_math_description":["Shyam Metalics share price compounded at 40.5% a year over 3 years. 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