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Borosil Renew Consolidated September 2023 Net Sales at Rs 401.66 crore, up 137.3% Y-o-Y

In an exchange filing, Borosil Renewables said, “After examining the order and based on the advice from tax  legal experts, the company has filed Writ Petition before the High Court of Judicature at Bombay, seeking to quash, cancel and set aside the said Income Tax notice and Assessment Order issued against the company and to grant stay of any further proceeding consequent to the said notice and order.”The company further stated that it shall update the stock exchanges of material developments, if any, in the aforesaid matter.Borosil Renewables is engaged in the business of manufacturing of extra clear patterned glass and low iron solar glass for application in photovoltaic panels, flat plate collectors and green houses.The company reported net loss of Rs 11.53 crore in Q1 FY24 as against net profit of Rs 30.11 crore in Q1 FY23. However, revenue from operations zoomed 108.56% YoY to Rs 354.49 crore in the quarter ended 30 June 2023.Shares of Borosil Renewables fell 0.42% to Rs 436 on the BSE.

Borosil Renewables gets IT demand notice for Rs 19.52 cr

Borosil Renew Consolidated June 2023 Net Sales at Rs 354.50 crore, up 108.56% Y-o-Y

Borosil Renew Standalone June 2023 Net Sales at Rs 237.82 crore, up 39.91% Y-o-Y

LTIMindtree has experienced a double bottom breakout, which is a bullish signal indicating a potential upward movement in price. Additionally, it has been able to sustain above its near-term 21-day exponential moving average (21EMA), further strengthening the positive outlook.

Hot Stocks | Here is why you should bet on Borosil Renewables, PI Industries, LTIMindtree in short term

Borosil Renew Standalone March 2023 Net Sales at Rs 187.54 crore, up 4.74% Y-o-Y

IT stocks have had it rough and Q4 earnings have failed to inspire, so far, but Vikas Salunkhe of Nirmal Bang expects the tide to turn. The two stocks, however, he is bullish on are a gaming firm and a green energy player, which he says can give good returns over the next few weeks. Here is why

Interview | Technical chartist explains why these 2 stocks can give 30-40% return in coming weeks

Borosil Renewables has decisively seen Flag pattern breakout on April 20 with 7 percent rally, followed by another 4 percent upside on April 21. The stock on both days has formed long bullish candlestick pattern on the daily charts, getting back above 50 and 100-day EMA on closing basis and hitting 200-day EMA intraday on Friday.

Trade Spotlight | How should you trade in Mahindra Holidays, Chalet Hotels, Borosil Renewables

Indian Hotels seems to be taking support from a strong upwards sloping support trendline on the weekly timeframe from the last 22 months and the stock has broken out of a downwards sloping parallel channel pattern on the daily timeframe which can be used as a confluence towards the bullish view.

Top 10 picks for next 3-4 weeks as Nifty50 looks set to trade within a range

Indiabulls Housing Finance has made a good rebound after four-day correction, rising 5.7 percent to Rs 117, and formed Bullish Engulfing candlestick pattern on the daily charts with above average volumes, which is a positive sign. It has given a nice breakout of long downward sloping resistance trendline adjoining December 30, 2022 and January 20, 2023.

Trade Spotlight: What should be your strategy for Borosil Renewables, Tejas Networks, Indiabulls Housing Finance today?

Borosil Renewables Ltd. engages in the manufacture and sale of solar glass. The firm operates through the following geographical segments: Within India and Outside India. The company was founded on December 14, 1962 and is headquartered in Mumbai, India.

Watchers	233
52-Wk Low	380.00
52-Wk High	573.00

Market Cap	56.38B
Volume (M)	316,635.00
52-Wk High	573.00
52-Wk Low	380.00

BORORENEW.NSE Borosil Renewables Ltd.

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