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18-Aug2016

Borosil Glass Works surges on the bourses

Borosil Glass Works is currently trading at Rs. 4386.50, up by 104.30 points or 2.44% from its previous closing of Rs. 4282.20 on the BSE.

The scrip opened at Rs. 4347.00 and has touched a high and low of Rs. 4415.00 and Rs. 4320.00 respectively. So far 540 shares were traded on the counter.

The BSE group 'XC' stock of face value Rs. 10 has touched a 52 week high of Rs. 4989.00 on 18-May-2016 and a 52 week low of Rs. 2009.50 on 08-Oct-2015.

Last one week high and low of the scrip stood at Rs. 4894.00 and Rs. 4255.00 respectively. The current market cap of the company is Rs. 1009.48 crore.

The promoters holding in the company stood at 72.00%, while Institutions and Non-Institutions held 5.01% and 22.99% respectively.

Borosil Glass Works has entered into a 'Sale Deed' for purchase of 4.73 hectares of land at Chomu in Jaipur, Rajasthan adjacent to the factory / office of its subsidiary viz. Hopewell Tablewar, for its future use, from unrelated parties at prevailing market rate.

Borosil Glass Works is the market leader for laboratory glassware and microwavable kitchenware in India.

 

 


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