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Shares of Shyam Metalics and Energy have gone down close to 4% since the company posted its June quarter earnings last week. However, analysts at ICICI Securities expect the company&#39;s focus on balancing the value chain, cost reduction and foray into downstream products to improve the margins further.

This Mid Cap Has Gone Down 4% After Q1, But Analyst Sees Over 44% Rally

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Shares of Shyam Metallics jumped over 2% on Thursday to hit a new 52-week high of ₹356. Analysts at ICICI Securities see the stock going further up as they remain bullish on the stock&#39;s long-term prospects. 

This Small Cap Stock Hit 52-Week High Today: Why This Analyst Sees Further 60% Rally

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