Shares of Shyam Metalics and Energy Ltd traded flat after touching a day’s high of Rs 935.90 on 11th September. This followed the company’s announcement of a strategic foray into the crash barrier segment. They aim to capture 8-10% market share in FY 2025-26.

Shyam Metalics has started production at its new Giridih facility, which has an annual capacity of 24,000 MTPA and employs over 150 skilled workers. The company expects strong growth as India’s infrastructure push is set to drive crash barrier demand up by 25% each year.

It has also planned a Rs 50 crore plant in Sambalpur with a 60,000 MTPA capacity to serve South and West India. In FY 2026–27, another Rs 50 crore will be invested in Phase 2 at Giridih. This investment will diversify into products like transmission towers, railway structures, solar panel frames, and lighting poles.

CMD Brij Bhushan Agarwal said the crash barrier unit will help strengthen road and railway safety. Shyam Metalics is targeting an 8-10% market share in FY 2025–26. He added that this business could add nearly 50% more value to Giridih operations in the coming years.

Currently, the company is supplying projects for Indian Railways and National Highways. They aim to explore exports to the Middle East, Europe, and Africa in the next fiscal year.

At 11:24 AM, the shares of Shyam Metalics were trading 0.11% lower at Rs 918 on NSE.

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