Synopsis: Shaily Engineering Plastics crashed 17 percent in a single session after news involving its major client Dr Reddy’s Laboratories rattled investors. What triggered this steep fall in the stock?

Shares of Shaily Engineering Plastics plunged sharply after investors reacted to news of a regulatory setback involving one of its key clients in the pharmaceutical sector. The stock witnessed heavy selling as concerns mounted over a potential delay in a major drug launch that was expected to drive strong business growth for the company’s healthcare division.

Shaily Engineering Plastics Ltd, saw its stock tumble 17.12 percent to an intraday low of Rs. 2,116.30 on Thursday from the previous close of Rs. 2,553.70. The company has a market capitalisation of Rs. 10,555.88 crore. It has de

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