Latest news with #ShailyEngineeringPlastics
Mint
02-06-2025
- Business
- Mint
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 2 June 2025
Breakout stocks buy or sell: The Indian stock market posted losses for the second straight week following a U.S. court's decision to reinstate wide-ranging tariffs from the Trump era. Over the week, the Sensex fell by 270.07 points, or 0.33%, while the Nifty slipped 102.45 points, or 0.41%. The markets closed the week on a cautious note, reflecting investor wariness amid persistent global trade tensions and uncertainty over upcoming domestic policy decisions. Sumeet Bagadia, Executive Director at Choice Broking, believes that the undertone for the Indian stock market is positive but the Nifty 50 index is facing hurdle at 25,000 levels. Speaking on the outlook of Indian stock market, Bagadia said, ' On breaching above this resistance, we can expect the benchmark index to touch 25,400 soon. On the lower side, the index has made strong support at 24,500 levels. So, one should maintain stock-specific approach and look at those stocks that are looking strong on the technical chart. Looking at breakout stocks can be a good option." Sumeet Bagadia recommends five shares to buy today — R R Kabel, Sudarshan Chemical Industries, Shaily Engineering Plastics, Wockhardt, and Prudent Corporate Advisory Services. 1] R R Kabel: Buy at ₹ 1438, target ₹ 1540, stop loss ₹ 1385; 2] Sudarshan Chemical Industries: Buy at ₹ 1170, target ₹ 1250, stop loss ₹ 1125; 3] Shaily Engineering Plastics: Buy at ₹ 2016.8, target ₹ 2150, stop loss ₹ 1950; 4] Wockhardt: Buy at ₹ 1465.3, target ₹ 1560, stop loss ₹ 1410; 5] Prudent Corporate Advisory Services: Buy at ₹ 2952.7, target ₹ 3170, stop loss ₹ 2850. Disclaimer: The views and recommendations provided in this analysis are those of individual analysts or broking companies, not Mint. We strongly advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and individual circumstances may vary.
Business Standard
14-05-2025
- Business
- Business Standard
Shaily Engineering Plastics consolidated net profit rises 47.83% in the March 2025 quarter
Sales rise 27.71% to Rs 217.83 crore Net profit of Shaily Engineering Plastics rose 47.83% to Rs 28.59 crore in the quarter ended March 2025 as against Rs 19.34 crore during the previous quarter ended March 2024. Sales rose 27.71% to Rs 217.83 crore in the quarter ended March 2025 as against Rs 170.56 crore during the previous quarter ended March 2024. For the full year,net profit rose 62.54% to Rs 93.12 crore in the year ended March 2025 as against Rs 57.29 crore during the previous year ended March 2024. Sales rose 22.20% to Rs 786.80 crore in the year ended March 2025 as against Rs 643.87 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 217.83170.56 28 786.80643.87 22 OPM % 25.0220.34 - 22.3818.16 - PBDT 50.7131.57 61 161.43105.54 53 PBT 39.6021.57 84 119.2869.85 71 NP 28.5919.34 48 93.1257.29 63
