2679.2000 5.40 (0.20%)
NSE May 08, 2026 15:31 PM
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Shaily Engineering Plastics Ltd.
09 Aug 2019, 12:00AM
2679.20
0.20%
Prabhudas Lilladhar
During the quarter SHEP forayed in to the toy segment and has received business confirmation for it. The company also received confirmation for 1 new drug delivery device. Machine utilization stood at 58.7%. Polymer volumes grew 3% QoQ but were down 14% YoY due to slowdown in SHF business as well as auto segment. There has been a slight delay in the CSF project due to the rains in Baroda and will hence commence by February 2020. Revenues from toys and pen injectors will also begin during Q4FY20. Based on current orders and business confirmations, we expect Revenues/...
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