Shaily Engineering jumps 5% on ₹423 Cr order; next midcap on radar?
News by Aliceblue News Desk
26 Feb 2026
Introduction
Leading engineering firm has secured a four-year contract worth ₹423 crore with a domestic pharma company to manufacture and supply pen injectors across India.
Share price movement of Shaily Engineering
On February 26, 2026, Shaily Engineering Plastics Ltd opened at ₹2,049.75, up 5.60% from its previous close of ₹1,939.30. The stock reached a high of ₹2,049.75 (5.60%) and a low of ₹1,980.00. By 12:18 PM, it traded at ₹1,995.00, a 2.87% increase, with a market cap of ₹9,168.04 crore.
Shaily Engineering Secures ₹423 Crore Contract
Shaily Engineering Plastics Limited has signed a manufacturing and commercial supply agreement with a large domestic pharma company for the supply of pen injectors, as per regulatory filing.
The contract is valued at approximately ₹423 crore and will be executed over a period of four years. The customer name remains undisclosed due to confidentiality reasons.
The order has been awarded by a domestic entity. The company confirmed that promoters have no interest in the awarding entity and the contract is not a related party transaction.
Stock performance of Shaily Engineering for period of 1 week, 6 months, and 1 year
Shaily Engineering Plastics Ltd declined 5.81% over the past week and fell 13.0% in the past six months. The stock gained 27.9% over the past year.
Also Read: IOL Chemicals & Pharmaceuticals receives EDQM CEP for Clopidogrel Besilate API; stock moves up 4%
Shareholding pattern of Shaily Engineering
| Particulars | Dec 2025 | Sep 2025 | Jun 2025 |
| Promoter | 43.40% | 43.70% | 43.70% |
| FII | 12% | 11% | 9.70% |
| DII | 13.60% | 13.70% | 14.10% |
| Public | 31.00% | 31.30% | 32.40% |
About Shaily Engineering
Shaily Engineering Plastics Ltd (NSE: SHAILY) manufactures injection-moulded precision plastic components and sub-assemblies for OEMs, offering secondary operations like vacuum metalizing, hot stamping, and ultrasonic welding in Gujarat.
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
FAQs
Q: Why is Shaily Engineering Plastics Limited share price rising today?
A: Shaily Engineering Plastics Limited share price is rising after signing a ₹423 crore, four-year contract to supply pen injectors to a domestic pharma company.
Q: What is Shaily Engineering Plastics Limited’s main business focus?
A: Shaily Engineering Plastics Limited manufactures injection-moulded precision plastic components and sub-assemblies.
Q: What are the 52-week high and low of Shaily Engineering Plastics Limited stock?
A: Shaily Engineering Plastics Limited 52-week high is ₹2,799.20 and 52-week low is ₹1,373.35.
News Author
Aliceblue News Desk
