Bhansali Engineering Polymer (29-03-2017) : There may be something cooking on this counter. The stock surged from the level of around Rs 22 to Rs 33 from 10th March onward, a rise of almost 50%. The promoter increased their stake from February-2017 onward. They acquired around 50.79 lakhs of shares in the same period. As a result the promoter’s stake will increase approximately by 3.1%. In the December-2016-17 quarter, the promoter’s stake was 57.29%.

Bhansali Engineering Polymer (BEPL) is One of The Leading Petrochemical Company In India. BEPL is a vertically integrated petrochemical company that Manufactures ABS which acts as a raw material for leading companies dealing in automobiles, home appliances, telecommunications, luggage, bus body and various other applications.
In the FY 2016, the company made a turnover of 594.25 crore and profit after tax was 16.19 crores. It has shareholder’s fund around 126.56 crore and total debt of 31.53 crores.

NSE Code : BEPL

BSE Code : 500052

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