Shaily Engineering Plastics is currently trading at its upper circuit limit of Rs. 1709.95, up by 81.40 points or 5.00% from its previous closing of Rs. 1628.55 on the BSE.
The scrip opened at Rs. 1699.00 and has touched a high and low of Rs. 1709.95 and Rs. 1615.00 respectively. So far 4342 shares were traded on the counter.
The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 1750.00 on 08-Jun-2021 and a 52 week low of Rs. 391.85 on 15-Jul-2020.
Last one week high and low of the scrip stood at Rs. 1709.95 and Rs. 1525.10 respectively. The current market cap of the company is Rs. 1422.41 crore.
The promoters holding in the company stood at 51.08%, while Institutions and Non-Institutions held 13.87% and 35.05% respectively.
Shaily Engineering Plastics has received approval for raising of funds for an amount aggregating upto Rs 300 crore, in one or more tranches, on such terms and conditions as it may deem fit, by way of issuance of securities, through one or more permissible modes including but not limited through a Qualified Institutions Placement//Preferential Offer or a combination thereof, subject to shareholder's enabling approval for the purpose of funding future capex requirements and general corporate requirements.
Shaily Engineering Plastics is engaged in providing service excellence in plastics injection moulding.
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