Open Demat Account

50years
50 Years
of Trust & Legacy
₹0 AMC
for First Year
₹0 Brokerage
on Delivery, Intraday, Currency and NSE F&O
left-arrow
Fundamentals
Financials
Shareholding
Resistance/Support
Delivery and Volume
About
Management
News
Similar Stocks
right-arrow

Borosil Renewables Ltd Performance

Today's Low
530.50
arrowIcon
Today's High
558.55
52 Wk Low
391.05
arrowIcon
52 Wk High
669.35


Open

533.25

Traded Value (Cr)

92.00 Cr

Prev. Close

533.5

VWAP

548.96

Volume

6,32,053

Face Value

1

Borosil Renewables Ltd Fundamentals

Market Cap
₹ 6,878 Cr
P/E Ratio (TTM)
0.00
P/B Ratio
7.35
Debt to Equity
0.52
ROE
0.25 %
EPS (TTM)
0.00
Dividend Yield
0.00%
Book Value
71.65

Click here to know more about Fundamentals

Borosil Renewables Ltd Financials

Borosil Renewables Ltd Financials

Borosil Renewables Ltd Shareholding Pattern

Held By Dec 2023 Sep 2023 Jun 2023 Mar 2023
Promoters 61.60 % 61.60 % 61.61 % 61.62 %
Retail 27.78 % 28.03 % 26.14 % 26.42 %
Others 5.41 % 5.51 % 5.89 % 5.69 %
FII 4.48 % 4.40 % 6.30 % 6.18 %
Mutual Funds 0.73 % 0.45 % 0.06 % 0.09 %

Promoters

61.60%

Retail

27.78%

Others

5.41%

FII

4.48%

Mutual Funds

0.73%

Promoters

61.60%

Retail

28.03%

Others

5.51%

FII

4.40%

Mutual Funds

0.45%

Promoters

61.61%

Retail

26.14%

Others

5.89%

FII

6.30%

Mutual Funds

0.06%

Promoters

61.62%

Retail

26.42%

Others

5.69%

FII

6.18%

Mutual Funds

0.09%

Resistance and Support

₹501.63

PIVOT

resistance-arrow
Resistance
First Resistance₹509.917
Second Resistance₹516.583
Third Resistance₹524.867
support-arrow
Support
First Resistance₹494.967
Second Resistance₹486.683
Third Resistance₹480.017
RSI68.021
MACD18.930
ADX24.302
CCI86.685

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day632,053466,63927.47
Week516,848235,12333.12
1 Month765,618249,03731.91
6 Months632,053161,16025.50

About Borosil Renewables Ltd

Borosil Renewables Limited (Formerly known as Borosil Glass Works Limited) was established in December 14th, 1962 mainly to acquire the undertaking of the Industrial and Engineering Apparatus Company Pvt. Ltd. The name of Company changed from Borosil Glass Works Limited to Borosil Renewables Limited effective from February 11, 2020 vide Certificate of Incorporation pursuant to change of name received from Registrar of Companies, Mumbai. The Company is engaged in manufacturing of extra clear patterned glass and Low Iron Solar Glass for application in Photovoltaic panels, Flat plate collectors and Green houses. It manufactures borosilicate tyre neutral and heat-resistant tubing and rods, scientific apparatus, laboratory glassware, etc. Its plants are located in Tamil Nadu and Maharashtra. In 1963, a technical collaboration agreement was entered into with Corning Glass Works, New York. The company has subsidiary, namely Gujarat Borosil. In 1995-96, the Company has come out with a modernization programme as well as a diversification programme. As part of the modernization programme, it proposes to manufacture borosilicate glass tubings in the Marol plant. As part of its diversification programme, the company has envisaged a new project at its Marai Malai Nagar plant for the manufacture of heat resistant borosilicate opal tableware. The sale of imported consumerware under the brand name Borosil International and Boromoili Rocco have performed well during 2000-2001. Gujarat Borosil Ltd ceased to be a subsidiary of the company from 30th March 2002. In 2002-03 the company entered into a contract with Amercian Consultant for supply of designs,drawings,equipments and technical know-how for upgradation of furnace No 1 by enhancing its capacity from 12 MT to 22 MT per day. In 2010, the company set up India's first and the only solar glass productino line with 180 tons per day facility in Bharuch, Gujarat. In 2013, it introduced Anti-reflecting Coating for solar glass which was the first of its kind in India. In 2014, it developed world's first Antimony-free solar Glass. In 2017, it developed World's first fully tempered solar glass in 2mm thickness. The Board of Directors of the Company at its Meeting held on June 18, 2018 approved a Composite Scheme of Amalgamation and Arrangement between Vyline Glass Works Limited (VGWL) and Fennel Investment and Finance Private Limited (FIFPL) and Gujarat Borosil Limited (GBL) and Borosil Glass Works Limited (the Transferee Company or the Demerged Company or BGWL - BGWL renamed as Borosil Renewables Limited (BRL) and Borosil Limited (Formerly known as Hopewell Tableware Limited) (the Resulting Company or BL) and their Respective Shareholders and Creditors. The Appointed Date under the Scheme is October 01, 2018, which provides for amalgamation of Vyline Glass Works Ltd (VGWL), Fennel Investment and Finance Private Limited (FIFPL) and Gujarat Borosil Limited (GBL) with Borosil Glass Works Ltd (BGWL)- BGWL renamed as Borosil Renewables Limited (BRL); and demerger of the Scientific and Industrial products and Consumer products businesses of BGWL, now renamed as Borosil Renewables Limited (BRL) along with the Scientific and Industrial products and Consumer products business of VGWL into Borosil Limited (BL). This Scheme was sanctioned by The Hon'ble National Company Law Tribunal, Bench at Mumbai on January 15, 2020, filed with Registrar of Companies (ROC) on February 12, 2020, being the effective date. Pursuant to the Composite Scheme of Amalgamation and Arrangement (Scheme), Borosil Limited, one of the Subsidiary Companies and Resulting Company in the Scheme, ceased to be a Subsidiary. Pursuant to the Scheme, Borosil Afrasia FZE, Klass Pack Limited, Borosil Technologies Limited and Acalypha Realty Limited ceased to be subsidiaries of the Company and became subsidiaries of Borosil Limited. During the year 2019, the Company commissioned its new furnace and processing facilities and achieved commercial production of glass on 01st August, 2019. In 2019, it expanded it capacity to 450 tons per day(equivalent to 2.5 GW/annum) and introduced Shakti : Solar glass in the matt-matt finish and Selene: Antiglare solar glass for PV installations near Airports. In 2020, Vyline Glass Works Ltd., Fennel Investment and Finance Pvt. Ltd. and Gujarat Borosil Ltd. had merged with the Company and Scientific and Industrial products and Consumer products businesses got demerged into Borosil Ltd. In 2019-20, the Company added a second furnace with a capacity of 240 MT/day, which was commissioned in August 2019 and also rebuilt first furnace with an enhanced capacity to 210 MT/day, which resumed operations in December 2019. In December 2020, the Company made a Qualified Institution Placement (QIP) Issue at an issue price of Rs. 126.55 and garnered Rs. 200 Crore (Approx.) for part financing of project SG3 (3rd furnace of the Company). In October 2022, the Company, through its wholly owned subsidiaries viz. Geosphere Glassworks GmbH and Laxman AG had acquired majority stake of 86% in GMB Glasmanufaktur Brandenburg GmbH (GMB), based in Germany and Interfloat Corporation, based in Liechtenstein. Pursuant to this acquisition, Interfloat and GMB were made step-down subsidiaries of the Company with effect from October 21, 2022. Geosphere Glassworks GmbH, Laxman AG, GMB Glasmanufaktur Brandenburg GmbH and Interfloat Corporation became Subsidiaries of the Company in 2022-23. The Company subscribed to 31.2% equity shares of Renew Green (GJS Two) Private Limited (RGPL) through which, it was made an Associate of the Company. The SG-3 Furnace and processing facilities were commissioned in February, 2023.

Managing Director

Founded

1962

NSE Symbol

BORORENEW

Borosil Renewables Ltd Management

NameDesignation
P K KherukaChairman/ED & CEO
V RamaswamiE D & Wholetime Director
Ashok JainE D & Wholetime Director
Shreevar KherukaVice Chairman
Shalini KamathIndependent Non Exe. Director
Raj Kumar JainIndependent Non Exe. Director
P V BhideIndependent Non Exe. Director
Asif Syed IbrahimIndependent Non Exe. Director
Haigreve KhaitanIndependent Non Exe. Director
Shreevar KherukaVice Chairman
Kishor TalrejaCompany Sec. & Compli. Officer

Borosil Renewables Ltd News

Borosil Renewables jumps as board OKs raising Rs 500 cr via rights issue
Borosil Renewables surged 5.80% to Rs 568.90 after the securities issue committee of its board approved the proposal of raising of funds through issue of equity shares on rights issue basis for upto Rs 500 crore.
Borosil Renewables to convene board meeting
On 1 March 2024
Borosil Renewables board OKs raising Rs 500 cr
Borosil Renewables announced that its board has gears up to discuss fund raising on 1st March 2024.
Borosil Renewables slumps on reporting net loss of Rs 15 cr in Q3 FY23
Borosil Renewables declined 7.59% to Rs 561.85 after the company reported consolidated net loss of Rs 15.55 crore in Q3 FY24 as compared with net profit of Rs 5.23 crore recorded in Q3 FY23.
Borosil Renewables reports standalone net loss of Rs 11.04 crore in the December 2023 quarter
Sales rise 49.11% to Rs 240.65 crore
Borosil Renewables to conduct board meeting
On 7 February 2024
Borosil Renewables Ltd leads gainers in 'A' group
IFCI Ltd, Asahi India Glass Ltd, Cipla Ltd and Lemon Tree Hotels Ltd are among the other gainers in the BSE's 'A' group today, 23 January 2024.
Volumes jump at Borosil Renewables Ltd counter
Borosil Renewables Ltd saw volume of 1.66 lakh shares by 10:48 IST on BSE, a 5.49 fold spurt over two-week average daily volume of 30338 shares
Borosil Renewables reports standalone net loss of Rs 5.80 crore in the September 2023 quarter
Sales rise 65.53% to Rs 280.17 crore
Borosil Renewables to discuss results
On 6 November 2023

Similar Stocks

CompanyMarket CapMarket PriceP/E Ratio
ASAHIINDIA₹ 14,288 Cr
₹ 587.75
(-1.98 %)
43.43
BOROLTD₹ 4,205 Cr
₹ 367.05
(-1.75 %)
44.95
LAOPALA₹ 3,607 Cr
₹ 325.00
(-6.08 %)
27.07
SEJALLTD₹ 395.47 Cr
₹ 391.55
(0.42 %)
43.29
BANARBEADS₹ 62.75 Cr
₹ 94.55
(-2.98 %)
24.37

Borosil Renewables Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Borosil Renewables Ltd shares in BlinkX

The share price of any stock is volatile and changes during the day due to a variety of variables. Borosil Renewables Ltd's share price is ₹541.60 as of April 12, 2024

Borosil Renewables Ltd's P/E ratio is 0.00 times as of April 12, 2024.

Borosil Renewables Ltd's most recent financial reports indicate a price-to-book ratio of 7.35, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Borosil Renewables Ltd's market is 6,879 Cr as on April 12, 2024.

The current financial records of Borosil Renewables Ltd show a 0.25% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

The 52-week high/low price of a Borosil Renewables Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. Borosil Renewables Ltd's 52-week high and low as of April 12, 2024 are ₹558.55 and ₹530.5 respectively.

As of the Dec 2023 quarter, the promoter shareholding in Borosil Renewables Ltd stands at 61.60%. During the same period, Institutional Investors have shown a slight increase in their holdings, rising from 4.40% to 4.48%.