Borosil Renewables Limited to expand capacity of solar glass production

The Board of directors of Borosil Renewables Limited (Formerly known as Borosil Glass Works Limited) at its meeting held today, i.e. April 19, 2021, have considered and approved the expansion plan of the company to raise its production capacity of solar glass by an additional 1000 Tonnes Per Day (TPD) along with all processing capabilities in one or two phases. The estimated capital outlay will be INR 1000 crores.

Shares of Borosil Renewables Limited (Formerly known as Borosil Glass Works Limited) was last trading in BSE at Rs.240.1 as compared to the previous close of Rs. 230.65. The total number of shares traded during the day was 180518 in over 6247 trades.

The stock hit an intraday high of Rs. 243.85 and intraday low of 215.8. The net turnover during the day was Rs. 41750849.

Source : Equity Bulls

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