Shaily Engineering Plastics Shares Surge More Than 11% After ₹284.5-Crore Block Deal

Mumbai, October 7, 2025: Shares of Shaily Engineering Plastics Ltd (BSE: 501423) surged 11.58% on Tuesday, closing higher after a block deal worth ₹284.5 crore on the Bombay Stock Exchange. The sharp rally reflected renewed investor interest, driven by strong participation from institutional buyers, highlighting confidence in the stock’s medium-term potential.

Located in Vadodara, Gujarat, Shaily Engineering Plastics Ltd is a precision injection molding firm serving the healthcare, personal care, and automotive industries. The company’s steady growth in exports, cutting-edge manufacturing capabilities, and long-term relationships with international customers have made it a significant industrial plastics player in India.

Details of the Block Deal

According to BSE data, a total of 13.33 lakh shares of Shaily Engineering Plastics Ltd were traded at an average price of ₹2,134 per share, amounting to ₹284.50 crore. The transaction was executed early in the session, nearly matching the previous closing price. The elevated trading volume reflected strong institutional buying and heightened market activity throughout the day.

Market Performance and Investor Reaction

Following the block deal, Shaily Engineering Plastics Ltd opened at ₹2,235.05, touched an intraday high of ₹2,449.80, and closed at ₹2,411.10. The total turnover for the day exceeded ₹301 crore, highlighting heightened activity from both institutional and retail investors. The stock has traded within a 52-week range of ₹871.70 to ₹2,664.25, with the company’s market capitalisation standing at ₹10,988.55 crore.

Financial Snapshot and Valuation Metrics

On a standalone basis, in the trailing twelve months, Shaily Engineering Plastics posted a P/E ratio of 207.93, while on a consolidated basis, it was 118.01. Shaily Engineering Plastics’ earnings per share (EPS) were ₹11.50 (standalone) and ₹20.26 (consolidated), while the return on equity (ROE) was 11.77 and the price-to-book (PB) ratio was 24.47.

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