News for Ramsarup Industries Limited (RAMSARUP.NS)

Shyam Metalics has embarked on a diversification approach in the metal space to chart the company’s growth journey and has proposed to further invest Rs 7500 crore over the next five years. In order to meet the growth plans with organic and inorganic expansion, Shyam Metaliks present capex aims at growing to Rs 10,000 crore in the next five years, the firm said.

The Sensex and Nifty are set to start the week on a bearish note, following weak cues from Asian peers and negative trends at SGX Nifty futures.

Trends on SGX Nifty indicate a negative opening for the broader index in India.