Ganesha Ecosphere Ltd has been making fibres and yarns out of PET waste for the textile industry for more than 30 years, but has been hamstrung by the slowdown in demand in the US and EU in recent years. Why, then, is its stock trading at a trailing 12-month P/E ratio of more than 70?
5 min read16 Aug 2024Tainwala Chemicals & Plastics Q1 Results Live : Revenue decreased by 76.12% YoY & profit increased by 198.9% YoY
1 min read31 Jul 2024Shaily Engineering Plastics’ shares surged 140% in the past year and an impressive multibagger return of 4920% over the last decade, rising from ₹10.80 to ₹542 apiece.
1 min read5 Apr 2024Shares of Shaily Engineering Plastics have delivered a multibagger return of 140% in the last year. Looking back, the shares have delivered a whopping return of 4920% in the last 10 years, spiking from ₹10.80 apiece to the current level of ₹542 apiece.
3 min read5 Apr 2024MPL Plastics Q3 FY24 Results Live : Revenue decreased by 0% YoY & profit increased by 30% YoY
1 min read17 Feb 2024Machino Plastics Q2 FY24 results: Revenue increased by 4.01% YoY & profit increased by 7575% YoY
1 min read24 Nov 2023Stock split 2023: Shaily Engineering board has fixed stock split record date on 23rd November 2023
1 min read23 Nov 2023India marked an ambitious ban on the use of a select group of low-utility plastic items with high litter potential, ranging from earbuds to plastic cutlery and ice-cream sticks
28 Oct 2022Single-use plastic items to be phased out by September 30 this year include carry bags made of virgin or recycled plastic less than 120 microns in thickness and non-woven plastic carry bags less than 60 GSM
2 min read23 Jul 2021The ’Clean Up Kayak’ waste collection tours are likely to collect 200 kg of rubbish and discarded plastic this month
1 min read11 Feb 2021The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared