Solar glass manufacturing company Borosil Renewables has delivered impressive returns to investors with a long-term perspective. In the last 20 years, the share of Borosil Renewables has increased from 13 paise to Rs. has reached close to 500. Shares of Borosil Renewables have returned over 384000% during this period. Shares of the multibagger company touched a 52-week high of Rs. is 667.40. At the same time, the company’s shares hit a 52-week low of Rs 391.55.
Shares of the company surge by 384000%
Shares of Borosil Renewables were at 13 paise on 24 June 2004. Sole Company share on June 14, 2024 Rs. 499.90 has been reached. Shares of Borosil Renewables have seen a meteoric rise of 384435% in the last 20 years. If a person invests in Borosil Renewables shares on June 24, 2004 for Rs. 1 lakh invested and maintained the investment, Rs. 1 lakh, the current price of the shares bought is Rs. 38.45 crore would have been. We have not included bonus shares and stock splits in our calculations.
Company to split 1 share into 10 pieces, announced today, priced below ₹ 50
3300% jump in company stock in 10 years
Shares of Borosil Renewables have gained more than 3300% in the last 10 years. On 13 June 2014, the shares of the company were Rs. Was at 14.41. On June 14, 2024, the shares of the solar company were Rs. 499.90 has been reached. The company’s stock has gained more than 181% in the last 5 years. At the same time, the company’s shares have fallen 9% over the past year.
₹ 7 share surge, 19000% price increase, now company will give huge profit
The company has given 3 bonus shares
Borosil Renewables has also gifted bonus shares to its investors. The company had given bonus shares in the ratio of 3:1 in August 2018. That is, the company gave 3 bonus shares for every 1 share. The company has distributed shares in September 2017 as well. The company paid Rs. 10 face value shares at Rs. Divided into 10 shares of face value of 1 each.