Borosil Limited Faces LPG Supply Disruption Due to Middle East Conflict

Borosil Limited has received communication from Oil Marketing Companies (OMCs) regarding restricted LPG supply caused by force majeure from the ongoing Middle East conflict impacting global fuel availability.

This disruption affects production at the company's Jaipur, Rajasthan facilities: the Borosilicate Glass Furnace for Pressware Products stands temporarily suspended, while Opal Glass Furnaces operate at reduced capacities.

Borosil is coordinating with OMCs and government authorities to restore LPG supply critical for operations, actively evaluating financial impacts, and monitoring developments.

Shares of Borosil Limited was last trading in BSE at Rs. 260.15 as compared to the previous close of Rs. 252.85. The total number of shares traded during the day was 28947 in over 1030 trades.

The stock hit an intraday high of Rs. 264.25 and intraday low of 255.00. The net turnover during the day was Rs. 7539280.00.

Source : Equity Bulls

Keywords

Borosil INE02PY01013 LPGSupplyDisruption