Stock of this kitchen and dining ware manufacturer has zoomed 175% in June

The Ministry of Finance had recently proposed to impose basic customs duty (BCD) on solar cell and module imports to encourage domestic manufacturing

Shares of Borosil Renewables, formerly known as Borosil Glass Works, have hit the upper circuit band for the fifth straight trading day, up 5 per cent at Rs 96.35 on the BSE on Tuesday. Thus far in June, the stock has more-than-doubled on expectations of higher demand for solar glass - rallying 175 per cent in first 12 trading days from Rs 35.10 on May 29, 2020. Till 12:04 pm, a combined around 200,000 equity shares changed hands and there were pending buy orders for 250,000 shares on the NSE and BSE.

The Ministry of Finance had recently proposed to