Borosil Renewables has an operating revenue of Rs. 502.27 Cr. on a trailing 12-month basis. Annual revenue growth of 85% is outstanding, Pre-tax margin of 30% is great, ROE of 14% is good. The company has a reasonable debt to equity of 10%, which signals a healthy balance sheet.
Inox wind has shown a classic descending triangle pattern. The stock has also been performing poorly vs. BSE 500. Despite the recently concluded bull run, the stock did not get any traction. The accum/Dist chart also confirms overall weakness. The stock may be on the way to its life time lows.