Management Meet Update: Bhansali Engineering Polymers Ltd - NOT RATED - Kotak

We met the management of BEPL to understand the company's business and industry insight. The company is a vertically integrated petrochemical company in the field of Acrylonitrile Butadiene Styrene (ABS) manufacturing in India. The current installed capacity stands at 80,000 tonnes, spread across two manufacturing facilities in Abu Road, Rajasthan and Satnoor, Madhya Pradesh. ABS acts as a raw material for companies dealing in automobiles, home appliances, telecommunications, luggage, bus body and various other industries. Given the growth in the end user industry, management is confident in execution of the expansion plan through internal accruals and strong balance sheets supports this thesis.

Shares of BHANSALI ENGINEERING POLYMERS LTD. was last trading in BSE at Rs.69.35 as compared to the previous close of Rs. 69.6. The total number of shares traded during the day was 1116855 in over 4880 trades.

The stock hit an intraday high of Rs. 71.9 and intraday low of 68.8. The net turnover during the day was Rs. 78385306.

Source : Equity Bulls

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