Shaily Engineering block deal: Promoters take profits in mutibagger smallcap. Morgan Stanley, Motilal sniffing facility

Morgan Stanley on Friday bought 40,000 shares worth Rs 10.34 crore in Shaily Engineering Plastics through block deals. The shares were bought through affiliated Morgan Stanley IFSC Fund at a price of Rs 2,585.10 each, a 1% discount to Thursday’s closing price. In the block deals, promoters Amit Mahendra Sanghvi and Laxman Sanghvi have divested part of their stake in the company. While the former sold 1 lakh shares, the latter lost 50,000 shares.

Motilal Oswal Mutual Fund was also a buyer in the deals. It bought 50,000 shares at a price of Rs 2,585.1 per share, taking the deal size to Rs 13 crore. SI Investments Broking Pvt Ltd also bought 60,000 shares.Laxman Sanghvi owned around 23.82 lakh shares representing 5.18% stake as on September 30, 2025, while Amit Mahendra Sanghvi owned 13.03 lakh shares accounting for 2.84% stake.

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Founded in 1987, Shaily provides end-to-end solutions in plastics products and services. The shares have been multibagger, returning 147% over one year. According to data from Trendlyne, shares of Shaily Engineering are currently trading above their 50-day and 200-day simple moving averages (SMAs) of Rs 2,351.8 and Rs 1,857.8 respectively. Shaily Engineering Plastics delivered great numbers in the quarter ending September. The company’s consolidated net profit saw a 134% jump to Rs 51 crore in the second quarter, compared to Rs 22 crore in the same period a year ago. Total revenue grew 34% to Rs 259 crore in the quarter under review, compared to Rs 193 crore in the corresponding quarter of the last fiscal.

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