Shaily Engineering Plastics LtdShaily Engineering Plastics Ltd :-The Company is engaged in the manufacture and sale of injection moulded precision plastic components, sub-assemblies for various requirements of Original Equipment Manufacturers (OEM).
Business Segments
A) Consumer : This segment includes the Home furnishing and Toys business. The company has collaborated with Swedish Home Furnishings major. The company has also ventured in the Toys category with the addition of Toys major Spin Master.
B) Personal Care : Servicing global FMCG majors such as Unilever and P&G since
C) Healthcare:
A) Company deals in Drug Delivery Devices which includes Contract Manufacturing and IP Related Product Development.
B) Primary Packaging
C) Dedicated R & D Facility
Company is one of the few suppliers globally to manufacture products like DPI’s, Pen Injectors, and Primary Packaging. Shaily is one of the very few manufacturers of Insulin pens in the World.
D) Automotive & Engineering : In this segment, the Co. manufactures turbochargers of high-end luxury cars, high-value-added products from ultrahigh-performance engineering plastics, Molding Process, Tooling, Assembly Solutions, and Metal to Plastic Conversion.
E) Steel Furniture : Carbon Steel Furniture. The company has a new Carbon Steel Facility at Halol.
Right now Indian Market is not supporting any long position at this moment, I will wait for a retest support zone.