Borosil Renewables Ltd

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Stock Performance
52 Week Low - High
Today’s Low - High

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Total Traded Value

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Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
26.73% Fall from 52W High
1.2
TTM PE Ratio
Negative PE TTM
-136.5
Price to Book Ratio
Above industry Median
7.2
Dividend yield 1yr %
0
TTM PEG Ratio
PEG TTM is less than 1
0.8
RSI
RSI is mid-range
48.6
MFI
MFI is mid-range
66.7

Borosil Renewables Ltd Key Financials

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*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

Borosil Renewables Ltd shareholding Pattern

Promoter
61.6%
Foreign Institutions
4.4%
Mutual Funds
0.2%
Domestic Institutions
0.3%
Public
33.8%
Promoter
61.6%
Foreign Institutions
4.5%
Mutual Funds
0.7%
Domestic Institutions
0.7%
Public
33.2%
Promoter
61.6%
Foreign Institutions
4.4%
Mutual Funds
0.4%
Domestic Institutions
0.5%
Public
33.5%
Promoter
61.6%
Foreign Institutions
6.3%
Mutual Funds
0.1%
Domestic Institutions
0.1%
Public
32%
Promoter
61.6%
Foreign Institutions
6.2%
Mutual Funds
0.1%
Domestic Institutions
0.1%
Public
32.1%
Promoter
61.6%
Foreign Institutions
6%
Mutual Funds
0.1%
Domestic Institutions
0.1%
Public
32.3%

Borosil Renewables Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
3
Bearish Moving Averages
13
5Day EMA
493.10
10Day EMA
492.00
12Day EMA
491.60
20Day EMA
491.60
26Day EMA
492.90
50Day EMA
499.60
100Day EMA
502.90
200Day EMA
498.30
5Day SMA
494.50
10Day SMA
495.00
20Day SMA
486.20
30Day SMA
490.30
50Day SMA
502.30
100Day SMA
525.80
150Day SMA
501.80
200Day SMA
482.40
Delivery & Volume
Resistance & Support
492.42
Pivot
Resistance
First Resistance
496.63
Second Resistance
502.82
Third Resistance
507.03
Support
First Support
486.23
Second support
482.02
Third Support
475.83
Relative Strength Index
48.63
Money Flow Index
66.73
MACD
-1.31
MACD Signal
-3.54
Average True Range
16.57
Average Directional Index
9.90
Rate of Change (21)
-2.37
Rate of Change (125)
12.12
Peer comparison
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Market Cap
52W Low
52W High
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3695.19
290.4
479.75
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10904.07
647.15
832.7
Hawkins Cookers Ltd.
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Inflame Appliances Ltd.
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Borosil Ltd.
3904.96
285.25
420
Stove Kraft Ltd.
1913.04
409.5
597.7

Borosil Renewables Ltd Company background

Founded in: 1962
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 heatresistant 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 199596, 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 20002001. Gujarat Borosil Ltd ceased to be a subsidiary of the company from 30th March 2002. In 200203 the company entered into a contract with Amercian Consultant for supply of designs,drawings,equipments and technical knowhow for upgradation of furnace No 1 by enhancing its capacity from 12 MT to 22 MT per day. In 2010, the company set up Indias first and the only solar glass productino line with 180 tons per day facility in Bharuch, Gujarat. In 2013, it introduced Antireflecting Coating for solar glass which was the first of its kind in India.In 2014, it developed worlds first Antimonyfree solar Glass.In 2017, it developed Worlds 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 BGWLrenamed 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 Honble 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 mattmatt 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 201920, 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 stepdown 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 202223. 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 SG3 Furnace and processing facilities were commissioned in February, 2023.
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Borosil Renewables Ltd FAQs

Borosil Renewables Ltd shares are currently priced at 490.45 on NSE and 490.15 on BSE as of 6/20/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.

The past 1-year return of Borosil Renewables Ltd [BORORENEW] share was -9.63. The Borosil Renewables Ltd [BORORENEW] share hit a 1-year low of Rs. 391.05 and a 1-year high of Rs. 669.35.

The market cap of Borosil Renewables Ltd is Rs. 6402.23 Cr. as of 6/20/2024 12:00:00 AM.

The PE ratios of Borosil Renewables Ltd is 0 as of 6/20/2024 12:00:00 AM.

The PB ratios of Borosil Renewables Ltd is 7.42 as of 6/20/2024 12:00:00 AM

The Mutual Fund Shareholding was 0.22% at the end of 6/20/2024 12:00:00 AM.

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