Thursday, September 30, 2021

BOROLTD | Stock Price Outlook


investment ,

Borosil Limited

CMP 219

➽  Borosil Limited operates as glassware company in India. It operates through Scientificware, Consumerware, and Investments segments.

 The company provides science and industrial products, including laboratory glassware, instruments, disposable plastics, liquid handling systems, explosion proof lighting glassware, glass ampoules, and tabular glass vials under the LabQuest brand name that are used in pharmaceutical, research and development, education, and healthcare sectors. 

It also offers primary glass packaging under the Klasspack name for pharma industry. In addition, the company provides consumer glassware products, including microwaveable kitchenware, opal dining ware, kitchen appliances, storage products, lunch boxes, and stainless-steel flasks under the Borosil brand name. 

Further, it engages in the investment activities. The company sells its products through distributors and independent retail outlets, as well as through online platform. 

It also exports its products to the Middle East, South East Asia, Africa, and the United States. The company was formerly known as Hopewell Tableware Limited. Borosil Limited was founded in 1962 and is based in Mumbai, India.

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Long position can be initiated for upside level of 244 - 268 in short term.

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