COVID-19 pandemic in the country After the epidemic, there was a huge sell-off in the domestic stock market in the year 2020. However, it made a strong comeback in the last two years after hitting its low on March 23, 2020. Meanwhile, a large number of shares joined the list of multibagger stocks. Over 190 Multibaggers in FY2022 stock While 90 shares delivered multibagger returns to their shareholders in the fourth quarter of FY2021-22. multibagger stocks The list also includes shares of Borosil Renewables Limited. In these two years, the company’s stock has increased from about Rs 36 to Rs 671.45. During this period, it has increased by 1,765 percent.Mumbai-based Borosil Renewal is the only company to manufacture solar products in India. The central government has increased its focus on renewable energy. The government is emphasizing on the use of solar energy. Because of this, the outlook for borosil renewal is much better.
Presently the market for Borosil renewal is Rs.8,688.18 crore. The stock has a 52-week high of Rs 748 and a 52-week low of Rs 215.80. The company’s shares rose more than 4 per cent on Thursday.
Source