Borosil Ltd News
Borosil Group expects to cross Rs 7,000-crore revenue mark in 4 years
Borosil, which operates in glassware, laboratory equipment and solar glasses, is expecting to double its revenue to Rs 7,000 crore in the next four years, led by double-digit growth from across its business verticals, its Executive Vice Chairman Shreevar Kheruka has said. The Kheruka-family promoted Borosil Group, which operates with three listed entities under its fold -- Borosil Ltd, Borosil Renewables Ltd, and Borosil Technologies Ltd -- expects to reach a revenue close to Rs 3,500 crore in FY25. It plans to invest Rs 250 crore for expansion and capacity augmentation to meet the demand, in which it intends to invest about Rs 150 crore on a new plant in Gujarat for Borosil Ltd, which is in the business of products such as glassware and cookware, said Kheruka. Besides, at its Jaipur unit, where Borosil has already invested Rs 450 crore to expand the production capacity, it has plans to invest Rs 100 crore for debottlenecking to improve efficiency and increase capacity ...
 "Borosil Group expects to cross Rs 7,000-crore revenue mark in 4 years")
Borosil shares rally 6% as co begins placement for Rs 250 cr QIP issue
Borosil's shares surged up to 6.6 per cent at Rs 367.50 per share on the BSE in Tuesday's early morning trade. The share price of the company is presently trading near its 52-week high of Rs 420
 "Borosil shares rally 6% as co begins placement for Rs 250 cr QIP issue")
