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Bhansali Engineering Polymers is currently trading at Rs. 114.45, up by 3.20 points or 2.88% from its previous closing of Rs. 111.25 on the BSE.

The scrip opened at Rs. 113.80 and has touched a high and low of Rs. 117.40 and Rs. 113.80 respectively. So far 317240 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 117.40 on 12-Jan-2024 and a 52 week low of Rs. 58.10 on 28-Mar-2023.

Last one week high and low of the scrip stood at Rs. 117.40 and Rs. 109.40 respectively. The current market cap of the company is Rs. 2845.70 crore.

The promoters holding in the company stood at 57.47%, while Institutions and Non-Institutions held 1.17% and 41.35% respectively.

Bhansali Engineering Polymers has received, under the provisions of the EIA Notification 2006, Environmental Clearance from the State Level Environment Impact Assessment Authority, Rajasthan (Ministry of Environment, Forest and Climate Change, Government of India) for Expansion of ABS (Acrylonitrile Butadiene Styrene) Resin upto 200000 TPA and saleable SAN (Styrene Acrylonitrile) Resin upto 25000 TPA (Total 225000 TPA) for company's plant located at Ambaji Industrial Area, Abu Road, District-Sirohi, Rajasthan, dated January 9, 2024, issued on January 10, 2024.

Since the company is already in receipt of Environmental Clearance for 50000 TPA HRG (High Rubber Graft) at Satnoor plant, the company now has all the Environmental Clearance / approvals in place to achieve overall 225000 TPA capacity. Though the Environmental Clearance is for expansion of ABS Resins upto 200000 TPA and saleable SAN Resin upto 25000 TPA, the company at present, plans to expand ABS & SAN capacity upto 145000 TPA, to be completed latest by March 2026.

Bhansali Engineering Polymers (BEPL) is a leading name in the petrochemical sector in India.