Shaily Engineering Plastics saw its stock climb to Rs. 1534.00 on the BSE, marking a gain of 40.75 points or 2.73% compared to its previous close of Rs. 1493.25. The stock opened at Rs. 1491.00 and fluctuated between a high of Rs. 1550.00 and a low of Rs. 1460.15 during the day, with 9,226 shares traded.
The 'T' group stock, with a face value of Rs. 2, reached its 52-week high of Rs. 1550.00 on January 3, 2025, and a 52-week low of Rs. 312.10 on January 16, 2024. Over the past week, the stock traded between Rs. 1550.00 and Rs. 1394.15. The company's current market capitalization stands at Rs. 7,081.31 crore.
Ownership data shows promoters hold 43.81% of the company's shares, while institutions and non-institutional investors hold 15.46% and 40.73%, respectively.
On January 1, 2025, Shaily Engineering Plastics established a wholly owned subsidiary, Shaily Innovations FZCO, in Dubai, UAE. The new entity will specialize in designing and developing drug delivery device contracts. The company plans an initial investment of AED 100,000 in the subsidiary.
Shaily Engineering Plastics is a leader in precision plastics injection moulding and operates one of the few facilities with a Class 10000 Clean Room Injection Moulding setup.