Bank of America increased its stake in Shaily Engineering Plastics from 1.13% to 1.69%, acquiring 2,59,024 shares. The total value of these shares is approximately ₹71.49 crore at ₹2760.60 apiece.
A manufacturer of injection moulded precision plastic components and sub-assemblies designed for original equipment manufacturers across diverse industrial sectors. The company specializes in producing customized plastic parts that serve automotive, appliance, electronics, and industrial applications. Shaily Engineer operates as a vertically integrated producer, offering comprehensive design support, tooling capabilities, and manufacturing solutions to meet specific OEM requirements and quality standards.
US-based global bank and one of the world's largest financial institutions (USD 3+ trillion balance sheet). India FPI activity covers proprietary positions, market-making and client flows in listed Indian equities through BofA Securities and Merrill Lynch entities.
