Shaily Engineering Plastics Ltd's earnings have grown by 5.7%, whereas share price has appreciated 24.9% CAGR over the past five years, indicating the company’s share price is likely overvalued. However, for specific investment actions please consult your investment advisor.
Shaily Engineering Plastics Ltd share price has appreciated 26.1% annually (CAGR) over the past ten years.
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Shaily Engineering Plastics had humble beginning in 1987. Mike Sanghvi (a plastics technologist with over 20 years of rich experience in demanding North American Plastics Industries) started the Halol plant to provide service excellence in plastics injection moulding. Shaily is one of the few companies in India, which can take an idea through concept to engineering drawing, prototype, testing, tool design and manufacture to final components and assemblies.
The company also has a 50:50 JV
The company also has a 50:50 JV with a premier European design house (Industrial Design Consultancy of UK) in the name of Shaily-IDC (India). Shaily is one of the very few companies having Class 10000 Clean Room Injection Moulding Facility.
In 2011 the company was awarded as the top exporter of Engineering Components of Plastics by 'The Plastics Export Promotion Council'.