nandagopan454

A Good stock Breaking out and creating an all time high

Long
NSE:BORORENEW   BOROSIL RENEWABLES LTD
Borosil Renewables is engaged in the business of manufacturing extra clear patterned glass and Low Iron Solar Glass for application in Photovoltaic panels, Flat plate collectors, and Greenhouses
BRL is engaged in the manufacturing of low-iron solar glass for application in photovoltaic panels. They are the first and the only producer of solar glasses in the country. The Company’s thinner fully tempered solar glass (2mm and 2.5 mm) offers a niche product for glass modules
The company has reduced debt.
The company is almost debt-free.
The company is expected to give a good quarter
The company has delivered good profit growth of 25.44% CAGR over the last 5 years
Stock is trading at 14.78 times its book value
Though the company is reporting repeated profits, it is not paying out the dividend
The company has had a low return on equity of 9.96% for the last 3 years.
Promoter holding has decreased over the last 3 years: -11.16%
TRADE ONLY ON YOUR DUE DILIGENCE
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.