Shaily Engineering Plastics Share Price Rises After Stake Purchase by Smallcap World Fund Inc

Written by: Kusum KumariUpdated on: 13 Mar 2026, 9:09 pm IST
Shaily Engineering shares gain nearly 3% after Smallcap World Fund bought additional shares through a bulk deal. Strong Q3 results and growth outlook also support the stock.
Shaily Engineering Plastics Share Price
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

Shaily Engineering Plastics share price (NSE: SHAILY) moved higher on Friday after a large investor increased its stake in the company. The buying interest came after Smallcap World Fund Inc purchased additional shares through bulk deals, boosting investor confidence in the stock.

Despite weakness in the broader market, the company’s shares continued their upward trend for the fourth straight trading session.

Shaily Engineering Share Price Movement

The stock of Shaily Engineering Plastics Limited rose about 2.8% during intraday trading on the Bombay Stock Exchange, reaching a high of ₹1,969 per share.

By around noon, the share price was trading at ₹1,949.55, up about 1.8%, even as the BSE Sensex was down more than 1%.

The stock has gained over 5% in the last four trading sessions.

Bulk Deal by Smallcap World Fund

The rise in the share price followed a bulk deal where Smallcap World Fund Inc bought additional shares in the company.

According to data from the National Stock Exchange of India:

  • The fund bought 2,98,450 shares at an average price of ₹1,878.41 per share on NSE.
  • On the Bombay Stock Exchange, it purchased 6,43,000 shares at about ₹1,879 per share.

Before this transaction, the fund already held a 5.09% stake in the company as of December 2025.

Read More: Centre Directs States to Prevent LPG Hoarding and Panic Buying Amid Supply Concerns.

Shareholding Pattern

As of December 2025, public shareholders held about 56.6% stake in Shaily Engineering Plastics Limited.

Among institutional investors:

  • Mutual funds held 12.36% stake
  • Alternate Investment Funds (AIFs) held 1.05% stake
  • Foreign investors held around 12% stake

Shaily Engineering Q3 Financial Performance

The company reported strong financial results for the third quarter of FY26.

  • Net Profit: ₹37.38 crore
  • Growth: 48.33% year-on-year
  • Previous Year Profit: ₹25.20 crore

Revenue also increased significantly:

  • Revenue: ₹250.50 crore
  • Growth: 26.78% YoY
  • Previous Year Revenue: ₹197.58 crore

Conclusion

Shares of Shaily Engineering Plastics Limited rose after Smallcap World Fund Inc increased its stake through bulk deals. Strong quarterly results and a positive growth outlook, especially in the medical device segment, have further boosted investor confidence in the stock.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks. Read all related documents carefully before investing.

Published on: Mar 13, 2026, 3:39 PM IST

Kusum Kumari

Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.

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