Basic Materials
Shaily Engineering Plastics Limited (shaily) Announces Regulatory Approval & Launch of Customer Combination Product Incorporating its Shailypen Neo™ Device Technology
Shaily Engineering Plastics Limited (SHAILY) secures USFDA, Health Canada, and Indian regulatory approval for a generic Semaglutide injection using its innov.
Shaily Engineering Plastics Limited (SHAILY), a leading developer and manufacturer of drug delivery systems, today announced that its strategic partner Orbicular Pharmaceutical Technologies, in partnership with its Customer, has launched a generic version of Semaglutide injection in Canada, incorporating Shaily’s proprietary spring-driven ShailyPen Neo™ pen platform. The combination product has been commercially available in India since March 2026 and has received USFDA Tentative Approval. The ShailyPen Neo™ is among a rare class of commercially available spring-driven pen injectors globally — a high-performance, variable and fixed dose platform offering full compatibility with ISO-standard 3 mL cartridges (3 mL and 1.5 mL fill).
Regulatory Approvals
The combination product has secured USFDA Tentative Approval, Health Canada Notice of Compliance, and Indian regulatory approval. Shaily’s role in this program relates to full design and development, and manufacturing and supply of the device components used in the approved combination product.
ShailyPen Neo™ Spring-Driven Variable & Fixed Dose Pen Injector
ShailyPen Neo™ is a high-performance, variable and fixed dose platform offering full compatibility with ISO-standard 3 mL cartridges (3 mL and 1.5 mL fill). This achievement is a testament to Shaily’s commitment to innovation and excellence in the field of drug delivery systems. The company’s Managing Director, Amit Sanghvi, expressed his gratitude to customers and team members for their unwavering support and dedication to this groundbreaking project.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Shaily Engineering Plastics Limited
Shaily Engineering Plastics Limited belongs to the Basic Materials › Specialty Chemicals sector. Here’s a quick read on where the business and the stock stand today.
Shaily gains 25.7% over three months and trades near its 52-week highs. Revenue grows at 11.5% and profits at 38.6% CAGR. The market consistently rewards this kind of compounding. Not a single revenue dip or loss quarter in five years — this is a business built to last through cycles. The stock trades at 85% of its 52-week range — near its best levels of the year. Clearly, the market pays a premium for this name. The business grows revenue at 11.5% and profits at 38.6%, with D/E of 0.00. The stock reflects that strength. Moreover, when fundamentals and price action align, the PEG of 1.98 premium is usually justified. Check Fundamentals of Shaily Engineering Plastics Limited.
Basic Materials
Sambahv Steel Tubes Limited (sambhv) Q2 FY27: Highest-ever Sales Volume for Value Added Products
Sambhv Steel Tubes Limited (SAMBHV) achieves highest-ever sales volume in Q2 FY27, driven by Structural Pipes and Tubes, GP Coils & Pipes.
Sambahv Steel Tubes Limited (NSE: SAMBHV) has achieved its highest-ever sales volume in Q2 FY27 for Value Added Products, marking a significant milestone for the company. The robust performance was driven by strong growth in the Structural Pipes and Tubes and Pre-Galvanised (GP) Coils & Pipes segments. Notably, the company successfully scaled its portfolio of high-value products while maintaining overall volume stability despite global disruptions arising from ongoing conflicts, which adversely impacted the broader industry.
Sales Volume Growth
The company reported a substantial increase in sales volume across various product categories. In the Structural Pipes and Tubes segment, sales volume reached 67,020 tons in Q2 FY27, up from 56,617 tons in Q1 FY27 and 57,788 tons in Q2 FY26. Similarly, Pre-Galvanised (GP) Coils and Pipes saw a significant rise, with sales volume hitting 32,126 tons in Q2 FY27, compared to 29,814 tons in Q1 FY27 and 20,207 tons in Q2 FY26.
Product Category Performance
The sales volume for Stainless Steel Coils was 14,445 tons in Q2 FY27, slightly lower than the previous quarter’s 14,760 tons but still reflecting a healthy growth trend. The overall sales volume for Value Added Products totaled 1,13,591 tons in Q2 FY27, a notable increase from 1,01,191 tons in Q1 FY27 and 89,562 tons in Q2 FY26.
As a result, Sambahv Steel Tubes Limited continues to strengthen its market position and expand its portfolio of high-value products, ensuring sustained growth and stability in the competitive steel industry.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Sambhv Steel Tubes Limited
Sambhv Steel Tubes Limited belongs to the Basic Materials › Steel sector. Here’s a quick read on where the business and the stock stand today.
Sambhv gains 40.3% over three months and trades near its 52-week highs. Thin margins at 6.4% leave limited room for error — any demand softness or cost spike hits the bottom line hard. Revenue grows at 37.1% and profits at 33.0% CAGR. Both numbers are exceptional. The stock trades at 93% of its 52-week range — near its best levels of the year. Clearly, the market pays a premium for this name. Both the business and the stock move in the right direction. Revenue grows at 37.1%, profits at 33.0%, and the PEG sits at 0.84 — below its growth rate. That combination is rare. Check Fundamentals of Sambhv Steel Tubes Limited.
Basic Materials
Indo Borax & Chemicals Limited (indoborax) Strengthens Operational Synergies with Kronox Lab Sciences Appoints Suresh Kalra as Managing Director and CEO
Indo Borax & Chemicals Limited (INDOBORAX) strengthens operational synergies with Kronox Lab Sciences, appoints Suresh Kalra as Managing Director and CEO.
Indo Borax & Chemicals Limited (INDOBORAX) has announced a significant leadership change in its recently acquired specialty chemicals company, Kronox Lab Sciences Limited. The company has appointed Mr. Suresh Kalra as Managing Director and CEO, marking a new phase in its growth strategy. This move follows the completion of the acquisition of a 64.26% stake in Kronox Lab Sciences on September 29, 2026. The new leadership aims to strengthen operations, expand capabilities, and pursue sustainable growth opportunities across India and global markets.
Leadership Transition at Kronox Lab Sciences
Mr. Kalra brings over 25 years of leadership experience in the chemicals industry, with expertise in global operations, P&L management, manufacturing, strategic planning, and international business expansion. His appointment is expected to leverage Kronox’s strong foundation in high-purity specialty chemicals, supported by its manufacturing capabilities, technical expertise, and growing presence in domestic and international markets.
New Board Brings Diverse Expertise
The new board at Kronox Lab Sciences brings together experience across chemicals, manufacturing, financial management, banking, legal, and corporate governance. The board has also reconstituted the Audit Committee, Nomination and Remuneration Committee, Stakeholders Relationship Committee, and Corporate Social Responsibility Committee to ensure robust governance and strategic direction.
About Kronox Lab Sciences Ltd: Incorporated in 2008 and headquartered in Vadodara, Gujarat, Kronox Lab Sciences Limited manufactures high-purity specialty fine chemicals, including excipients, reagents, buffers, and intermediates, for various industries. The company operates multiple manufacturing units in Gujarat and markets a portfolio of more than 185 products across domestic and export markets. For FY2026, the company reported revenue of approximately INR 101 crore and profit after tax of approximately INR 28 crore.
About Indo Borax & Chemicals Ltd: Established in 1980, Indo Borax & Chemicals Ltd. is a manufacturer of boron-based chemicals and a producer of Boric Acid. The company operates manufacturing facilities at Pithampur, Madhya Pradesh, producing Boric Acid, Disodium Octaborate Tetrahydrate (D.O.T.), and Borax. Indo Borax also manufactures Pharma Grade Boric Acid as per the Indian Pharmacopoeia and was among the first companies in India to receive a BIS licence for manufacturing Technical Grade Boric Acid.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Indo Borax & Chemicals Limited
Indo Borax & Chemicals Limited belongs to the Basic Materials › Chemicals sector. Here’s a quick read on where the business and the stock stand today.
Indo gains 19.7% over three months and trades near its 52-week highs. Margins at 23.3% are impressive but need to be sustained — any compression would be a red flag. Revenue contracts at -1.4% CAGR. That signals structural headwinds, not a short-term blip. The stock gives back 9.0% in the last month despite a positive three-month run. As a result, the earlier momentum appears to be fading. The stock holds up despite -1.4% revenue growth and a PEG of 99.00. That could signal an early turnaround. Alternatively, index flows simply support the price. Watch whether analysts revise estimates upward — that is the real signal. Check Fundamentals of Indo Borax & Chemicals Limited.
APLAPOLLO
Apl Apollo Tubes Limited (aplapollo) Q2fy27: Sales Volume Reaches Record High of 963,143 Ton
APL Apollo Tubes Limited (NSE: APLAPOLLO) announced record-breaking sales volume of 963,143 Ton in Q2FY27, marking a 13% YoY increase.
APL Apollo Tubes Limited (APL Apollo), the world’s largest branded structural steel tube company, announced its sales volume for Q2FY27. The company registered its highest-ever sales volume of 963,143 Ton in Q2FY27, up from 855,037 Ton in Q2FY26. Notably, this marks a 13% year-over-year (YoY) increase and a 29% quarter-over-quarter (QoQ) surge.
Record-Breaking Q2FY27 Performance
The impressive Q2FY27 performance is a testament to APL Apollo’s robust growth trajectory. The company’s sales volume for H1FY27 stands at 1,707,966 Ton, reflecting a 4% YoY growth. The company’s diverse product range, including the APL Apollo Brand, SG Premium Brand, UAE Operations, and Roofing Products, contributed significantly to this milestone.
Strategic Expansion and Manufacturing Excellence
Headquartered in Delhi NCR, APL Apollo operates 11 manufacturing facilities with a total capacity of 5 Mn Ton. The company’s strategic expansion across India, with units in Hyderabad, Sikandarabad, Bangalore, Hosur, Raipur, Malur, Murbad, and Umm AI Quwain, ensures a wide distribution network. This extensive network, coupled with state-of-the-art manufacturing facilities, enables APL Apollo to cater to various industry applications, including urban infrastructure, real estate, rural housing, commercial construction, greenhouse structures, and engineering applications.
As a result, APL Apollo continues to solidify its position as India’s leading structural steel tube manufacturer, poised for sustained growth and innovation in the building material sector.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of APL Apollo Tubes Limited
APL Apollo Tubes Limited belongs to the Basic Materials › Steel sector. Here’s a quick read on where the business and the stock stand today.
APL gains 22.5% over three months and trades near its 52-week highs. Thin margins at 5.2% leave limited room for error — any demand softness or cost spike hits the bottom line hard. The PEG of 2.12 makes it expensive versus peers. The premium needs earnings to catch up quickly. The stock gives back 1.5% in the last month despite a positive three-month run. As a result, the earlier momentum appears to be fading. The stock rises 22.5% in three months on 12.6% revenue growth. As a result, the market gives it more credit than the fundamentals strictly justify. Watch the next quarterly results. If growth accelerates, the move makes sense. If not, expect some gains to unwind. Check Fundamentals of APL Apollo Tubes Limited.
-
Healthcare2 days agoSun Pharmaceutical Industries Limited Announces Two-year Data for Leqselvi® in Severe Alopecia Areata
-
Auto Manufacturers2 days agoTata Motors Limited (tmcv) Q2 FY27: Delivers Strong Sales with 1,35,114 Units; Sustains Robust 42.7% Yoy Growth
-
PRESTIGE3 days agoPrestige Estates Projects Limited (prestige) Bombay High Court Restores Turf View Project De-registration and Promoter Change
-
Solar2 days agoSwelect Energy Systems Limited Appoints Pradeep Kumar Madhur as Chief Business Officer
-
Information Technology Services2 days agoRedington Limited (redington) Partners with Opswat to Enhance Critical Infrastructure Protection
-
Consumer Defensive2 days agoGanesh Consumer Products Limited Concludes Sale of Hyderabad Unit Assets for ₹32.50 Crore
-
KFINTECH3 days agoKfin Technologies Limited Launches Inpro AML Platform with APMI
-
Basic Materials3 days agoSurya Roshni Limited (suryarosni) Q2 & H1 FY27 Business Update: Steel Pipes Sales Surge 23% Yoy