Shapir Engineering And Industry, IL0011338758

Shapir refinery bid tests Shapir Engineering And Industry stock

Published on 10/16/2026 at 10:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Shapir Engineering And Industry stock is tied to a 10.00 percent refinery stake. Q2 2026 revenue reached ILS 1.68 billion.

Refinery ownership and quarterly growth

Israel's Energy Ministry supported Shapir's bid for full Ashdod refinery control on October 5, 2026, while Shapir already held 10.00 percent.
Second-quarter 2026 revenue reached ILS 1.68 billion and net income reached ILS 108.00 million.
Shapir Engineering And Industry had a market capitalization of ILA 14.9 billion on October 16, 2026.

Shapir Engineering And Industry, IL0011338758, Illustration mit AI erstellt.

Shapir Engineering And Industry (ISIN IL0011338758) is tied to a potential Ashdod refinery takeover after Israel's Energy Ministry supported the company's bid on October 5, 2026. According to Economix.co.il, Shapir already owned 10.00 percent of the refinery and was seeking full control.

What does the refinery stake mean?

The proposal adds an industrial asset to Shapir's established infrastructure and construction activities, but the deal still faces a policy dispute. The Economix.co.il report said the Energy Ministry favored reconsideration after an earlier concentration committee decision opposed transferring control because of the group's economic influence. The existing 10.00 percent stake gives Shapir a direct connection to the refinery, while the proposed increase would materially expand that exposure.

Revenue reaches ILS 1.68 billion

Shapir's second-quarter 2026 figures provided the clearest operating measure. Investing.com reported quarterly revenue of ILS 1.684 billion and net income of ILS 108.00 million. Revenue increased from ILS 1.557 billion in the first quarter of 2026, while net income rose from ILS 56.00 million. That sequential comparison puts the refinery discussion beside a stronger reported earnings base.

Key dates and ownership signals

The refinery policy report was dated October 5, 2026, and a holdings report amendment for September 30 was published on October 12, 2026, according to Worldnews.com. The two dates keep ownership and government approval central to the current investment narrative, while the second-quarter figures supply the latest reported operating benchmark.

Stock level and valuation

Shapir Engineering And Industry was at ILA 4,147.00 on the Tel Aviv Stock Exchange on October 16, 2026 at 10:12 a.m. CEST. Its 52-week range was ILA 2,734.00 to ILA 4,895.00, and market capitalization stood at ILA 14.9 billion on the same date.