Shyam Metalics was in a continuous downfall since its listing on bourses. It fell from an ATH of 461.15 on Jul'21 and corrected by almost 41% to reach a low of 273.10 on 20 Jun'22. It took support from the base of descending channel and rose 39% to reach current high of 379.70. The scrip has given a successful breakout from the channel on 14th June 2023 and has risen by 18%.