75.35
-3.58%
buy
Buy: BEPL
Prabhudas Lilladhar
Bhansali Engineering Polymers (BEPL) recently informed the stock exchange that they have decided to continue with expansion of its compounding capacities at Abu road from 100 KTPA to 137 KTPA which will be operational by March 2019. The entailed capex is ~Rs 300mn. In this connection, plant and machinery have been received at Abu Road Unit and its installation will commence in due course to meet the time lines. The Satnoor plant is operating properly and it will be possible to attain and maintain the level of production as it was before the fire. Management is confident of sustaining 20% volume growth. In our estimates,...
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Bhansali Engineering Polymers Ltd. is trading above it's 100 day SMA of 74.62
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