The stock has added 15.75% three sessions, from its recent closing low of Rs 510.20 recorded on 22 November 2021.
In the past six months, the stock has zoomed 108.57% while the benchmark Sensex has added 16.05% during the same period.
On the technical front, the stock's RSI (relative strength index) stood at 74.610. The RSI oscillates between zero and 100. Traditionally, the RSI is considered overbought when above 70 and oversold when below 30.
The stock was trading above its 50-day, 100-day and 200-day moving average (DMA) placed at 411.73, 355.06 and 310.74, respectively.
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.
The company's net profit rose 142.60% to Rs 34.11 crore in the quarter ended September 2021 as against Rs 14.06 crore during the previous quarter ended September 2020. Sales rose 40.70% YoY to Rs 160.52 crore in Q2 FY22.
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Valued Customer,
BOB Capital Markets Limited (BOBCaps) is firmly committed to the safety of your wealth. We would like to bring to your notice certain precautions that you certainly must take against potential tele-fraudsters/ unscrupulous and unregistered portfolio managers:
ALWAYS AVOID
We would like to caution you against such fraudulent calls and SMSes and urge you to be alert. Follow the golden rule:
Do not share your Login Credentials or Passwords with anybody
BOBCaps employees / representatives never ask for your password.
Certain tele-fraudsters / unscrupulous and unregistered portfolio managers call customers or SMS them on the pretext of providing investment tips and lure them to invest through their bogus firms by promising huge profits.
Such deceitful callers ask the customer to share his/her login credentials with passwords to allow trading in their accounts, assuring huge returns.
Often trades done in the customer’s accounts are far from the best interest of the customers. Holdings of customers are often sold and with the funds, trades are then placed in illiquid securities at unrealistic prices.
At times, the holdings of customers are sold at prices detrimental to the customer. The so-called “portfolio manager” assures profits, which naturally does not materialize. Customers are deceived into providing access to their trading accounts, thereby allowing such fraudsters access to funds and securities available to execute trades, injurious to the customer’s interest.
In our continuous effort to keep you safeguard from the market related frauds and increase awareness while conducting trades, we request you to go through the Press Release issued by the NSE and would request you to ensure that you do not engage with the individuals and entities mentioned below: