Borosil Ltd : How Could DGTR's Anti-Dumping Duty on Chinese Glassware Benefit the Company?
India, Sept. 28 -- The shares of this small cap company majorly engaged in manufacturing extra clear patterned glass and Low Iron Solar Glass for application in Photovoltaic panels, Flat plate collectors and Greenhouses, were in focus after DGTR increased anti dumping duty on Chinese companies.
With the market capitalization of Rs. 6,650 Crores, the shares of Borosil Renewables Ltd were trading at around Rs. 452 per share which is 37 percent discount from its 52 week high of Rs. 721 per share and is trading at a P/E of 16.5 whereas industry P/E stands at 19.9.
DGTR Recommends Anti-Dumping Duty on Chinese Glassware
The Directorate General of Trade Remedies (DGTR) has made a recommendation of anti-dumping duty on the imports of borosil...
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