Shyam Metalics Reports Mixed May Sales: Stainless Steel & Foil

Shyam Metalics, a metal company, saw mixed results in May.

Stainless steel sales went up compared to last year but slightly decreased from the previous month.

The prices of stainless steel were almost the same as last year but a little better than the month before.

Aluminum foil sales increased significantly from the previous month and also slightly from last year.

The price of aluminum foil rose compared to last year, but fell slightly from the prior month.

The company's stock price also went up a bit.

Earlier, in the March quarter, the company's total sales and earnings increased compared to the same time last year.