Announced Tue, 6 Oct, 2026 · 20:15 IST

Sharvaya Metals commissions 10-inch aluminium extrusion press

Greenfield CommissionedCapex & Operations View source PDFExplain this filing

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Price reaction · full curve 14 horizons · vs prior close
+15.7%1-day move
₹143.75
prior close
₹151.20
base price
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AI summary

Sharvaya Metals has commissioned a new aluminium extrusion facility at its Ahilyanagar plant, featuring a modern 10-inch billet press. Inaugurated on 5 October 2026, it completes the company's alloy-to-component value chain, enabling high-strength, precision extrusions for defence, aerospace, railways, EVs, and engineering. The setup includes advanced billet heating, online quenching, puller, stretcher, and ageing systems. Management called it a defining milestone, focusing on disciplined ramp-up and customer qualifications.

Likely market impact

Positive - new facility expands capabilities into high-value sectors, potentially boosting margins and growth prospects for shareholders.