INVESTORICH

Bought this Gem is at CMP 84 to 86 _Target 113 to 140 in 2 to 4 weeks Gujarat  Borosil Limited ( GBL) is a Company promoted by another  BSE listed company Borosil Glass Works limited (BGWL)  which is the leader in microwavable kitchenware   and laboratory glassware in India.BGWL holding close to 75% stake in Gujarat Borosil Ltd. Till 2010 GBLwas  manufacturing Sheet Glass and  later closed down this business  due to unprofitable operations.Thereafter company ventured into the manufacturing of  Low Iron Solar Glass which is used in Solar Photovoltaic Industry.GBL is the is the first and only manufacturer of solar glass in India and exporting  major portion of its products.As we are aware, European couturiers are the biggest users of Solar systems and this region was in a deep recession in last few years.Even in this tough business environment company could mark its presence in western market .In our country too the significance of solar energy is increasing and lot of scope left