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The company clarified in the filing that neither the promoter nor the promoter group has any interest in the awarding entity. It also stated that the contract does not fall under related party transactions.
Shaily Engineering Plastics is engaged in the manufacture and sale of injection-molded precision plastic components and sub-assemblies for various requirements of Original Equipment Manufacturers (OEM).
The company’s consolidated net profit jumped 48.3% to Rs 37.38 crore on a 26.8% rise in revenue from operations to Rs 250.50 crore in Q3 FY26 over Q3 FY25.
Shaily Engineering Plastics Ltd, Websol Energy System Ltd, CCL Products (India) Ltd and Raymond Lifestyle Ltd are among the other losers in the BSE's 'A' group today, 15 December 2025.
Embassy Developments Ltd lost 5.88% to Rs 68.22 at 14:46 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 1.75 lakh shares were traded on the counter so far as against the average daily volumes of 3.02 lakh shares in the past one month.
Shaily Engineering Plastics Ltd tumbled 5.10% to Rs 2322.8. The stock was the second biggest loser in 'A' group.On the BSE, 24259 shares were traded on the counter so far as against the average daily volumes of 18868 shares in the past one month.
Websol Energy System Ltd crashed 3.61% to Rs 86.8. The stock was the third biggest loser in 'A' group.On the BSE, 8.36 lakh shares were traded on the counter so far as against the average daily volumes of 8.14 lakh shares in the past one month.
CCL Products (India) Ltd pared 3.49% to Rs 989.95. The stock was the fourth biggest loser in 'A' group.On the BSE, 14839 shares were traded on the counter so far as against the average daily volumes of 11988 shares in the past one month.
Raymond Lifestyle Ltd corrected 3.29% to Rs 1101. The stock was the fifth biggest loser in 'A' group.On the BSE, 17634 shares were traded on the counter so far as against the average daily volumes of 10418 shares in the past one month.
In a regulatory filing on Wednesday, Dr. Reddy’s Laboratories said it has received a Notice of Non-Compliance (NON) from Canada’s Pharmaceutical Drugs Directorate regarding its Semaglutide injection application, seeking additional information and clarifications. The company said it will respond promptly within the stipulated timeline and remains confident in the product’s quality, safety, and comparability.
Semaglutide, a popular diabetes and weight-loss drug, is the generic version of Ozempic, developed by Novo Nordisk.
The update weighed on shares of Shaily Engineering Plastics, which manufactures drug delivery devices, including Semaglutide pens, for Dr. Reddy’s. As per Shaily’s FY25 annual report, Dr. Reddy’s is among its top pharmaceutical clients.
During the first quarter of FY26, Shaily’s management had highlighted that the healthcare segment’s contribution to total revenue doubled to 31%, driven by rising demand for Semaglutide pens. To meet this demand, the company had installed 19 new injection moulding machines and a dedicated assembly and printing line, adding 25 million pens per annum in additional capacity.
The company also revealed plans to add another 25 million-pen line for a different Semaglutide variant, with a total capex of Rs 125 crore for FY26.
'We have 60% of generic market share on semaglutide across the markets that are opening up,' managing director Amit Sanghvi had said during the company’s Q1FY26 earnings call.
The delay in Dr. Reddy’s approval has raised concerns about potential near-term demand softness for Shaily’s key product line.
While the delay may impact short-term demand visibility for Shaily, analysts remain optimistic about the long-term growth prospects of Semaglutide-linked supplies amid booming global demand for GLP-1-based therapies. As per Shaily’s FY25 annual report, the global Semaglutide market, valued at $28.4 billion in 2024, is projected to reach $93.6 billion by 2035, growing at a CAGR of 10.5% on rising diabetes and obesity cases.
Sharda Cropchem Ltd, Vodafone Idea Ltd, South Indian Bank Ltd and LIC Housing Finance Ltd are among the other losers in the BSE's 'A' group today, 30 October 2025.
Shaily Engineering Plastics Ltd crashed 10.48% to Rs 2286.15 at 14:47 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 69556 shares were traded on the counter so far as against the average daily volumes of 82754 shares in the past one month.
Sharda Cropchem Ltd lost 8.55% to Rs 872.15. The stock was the second biggest loser in 'A' group.On the BSE, 31673 shares were traded on the counter so far as against the average daily volumes of 13781 shares in the past one month.
Vodafone Idea Ltd tumbled 6.19% to Rs 8.79. The stock was the third biggest loser in 'A' group.On the BSE, 1418.62 lakh shares were traded on the counter so far as against the average daily volumes of 815.48 lakh shares in the past one month.
South Indian Bank Ltd plummeted 5.11% to Rs 37.12. The stock was the fourth biggest loser in 'A' group.On the BSE, 37.68 lakh shares were traded on the counter so far as against the average daily volumes of 54.7 lakh shares in the past one month.
LIC Housing Finance Ltd corrected 4.20% to Rs 568.5. The stock was the fifth biggest loser in 'A' group.On the BSE, 1.47 lakh shares were traded on the counter so far as against the average daily volumes of 44008 shares in the past one month.