Shyam Century Ferrous Ltd - SHYAM CENTURY Share Price

Summary

Shyam Century Ferrous Limited was incorporated as a public limited company in April 12, 2011 under the Companies Act 1956. The Company have a plant at Byrnihat, Meghalaya and is engaged in manufacturing Ferro-Alloys and generation of Power.The Company is in the production of Ferro-Silicon, one of the major raw ingredients of Stainless Steel and small quantities in Mild Steel i.e. MS Steel. In Mild Steel it is used as reductant, while in Stainless Steel it is used as a grain refiner that enhances the brightness. The Company has a plant located at Byrnihat, Meghalaya near Guwahati with a production capacity of around 21,600 MT approx of ferro-silicon annually. The plant has also a captive power generation unit with an installed capacity of 14 MW approx. And the power generated by the same is mostly used for production of Ferro-Silicon which is a major component in making FeSi.The Company is selling product across India. The strategic location at the Northeastern India gives the Company an advantageous exposure to abundant raw materials like coal, lam cole and quartz at the nearby vicinity. Besides Ferro-Silicon, the Company has the facility to produce Silico-Manganese and other Ferro-alloys.The Company continued to focus on fundamental strength i.e., productivity and quality. Strong emphasis were given on reduction of cost, utilization of internal efficiencies together with an improvement in product mix which helped to withstand inflationary pressures on costs and... Read More