Shaily Engineering Plastics Multibagger 5 years time frame -Long Term
- Shaily Engineering Plastics Ltd (Shaily) had its humble beginnings in 1987 with 2 injection molding machines at Halol, Gujarat (Western part of India).
- Shaily has five facilities with over 100 injection molding machines ranging from 35TONS to 1000TONS, including a dedicated ISO Class 8 clean room manufacturing facility.
- There clients are ABB,Siemens,Schineder,Lupin,HUL etc. All big companies
- There profit has increased from 14 crores to 25 crores (80 % increase)
- The company is well placed to benefit from Make in India initiative.
- One can invest in this stock with 5 years time frame for multibagger returns
