Borosil Renewable Limited is the first and only solar glass manufacture in India. The Borosil group which is well-known for the Brand “BOROSIL”. Company manufactures a range of lab ware, scientific ware and consumer ware products. CMP = 527.15.
Negatives of the company are High Valuation (55.8) and Declining quarterly net profit. Positives of the company are Low debt, zero promoter pledge, improving annual net profit and FIIs are increasing stake.
Entry in Borosil Renewable can be taken after closing above 534.The target of the stock will be 555 & 590. Long term target of the stock will be 627. Stop loss in the stock can be kept at a weekly closing below 478.
Negatives of the company are High Valuation (55.8) and Declining quarterly net profit. Positives of the company are Low debt, zero promoter pledge, improving annual net profit and FIIs are increasing stake.
Entry in Borosil Renewable can be taken after closing above 534.The target of the stock will be 555 & 590. Long term target of the stock will be 627. Stop loss in the stock can be kept at a weekly closing below 478.
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