Sector Trends     01-Mar-23
Sector
Glass & Glass Products

Date: 28 Feb 2023

Glass & Glass Products

Sector

Market Cap

No of Companies

Glass & Glass Products

27420.04

13

 

NetWorth

3727.34

TTM Sales

5976.26

TTM Sales Var (%)

26.59

Debt

1487.16

TTM OP

1182.79

TTM NP Var (%)

3.82

Capital Employed

5508.22

TTM OPM (%)

21.44

EV/TM Sales

4.59

Net Block

3779.65

TTM PATM (%)

10.96

EV/TTM EBITDA

24.32

Current Assets

2450.72

Debt / Equity

0.40

P/E

41.87

ROCE (%)

27.47

RONW (%)

17.57

P/B

7.36

The above figures are in Rs. Crores as of 28 Feb 2023

TTM ended December 2022

28 Feb 2023

31 Jan 2022

31 Jan 2021

MoM Var. (%)

YoY Var. (%)

Sector Marketcap

27420.04 32214.91 15897.19 -14.88 72.48

Total Marketcap

25864691.4 26608061.4 20169923.96 -2.79 28.23

Sector's share

0.11 0.12 0.08 -0.01 0.03

Sector No of companies

13 13 12 0 1

Total Listed companies

4247 4117 3889 130 358

Sector's share

0.31 0.32 0.31 -0.01 0

Nifty 50

17303.95 17662.15 16793.9 -2.03 3.04

 

Gainers

Company Name
28/02/2023
27/01/2023
Var%
Borosil Renew. 468.15 464.65 0.75

Losers

Company Name
28/02/2023
27/01/2023
Var%
Banaras Beads 75.65 85.85 -11.88
Saint-Gob. Sekur 88.30 95.75 -7.78
Borosil 319.25 342.90 -6.90
Haldyn Glass 60.05 62.50 -3.92
Jai Mata Glass 2.54 2.62 -3.05

 

During the month of February 2023, Glass & Glass Products sector’s Marketcap decreased -14.88% to Rs 27420.04 crore, compared to -2.79% fall in total listed marketcap to Rs 25864691.4 crore.

Sector’s share of total listed marketcap moved to 0.11% in February 2023 from 0.12% in January 2022 and 0.08% in January 2021.


In terms of price appreciation in the sector, there were 1 gainers and 10 losers in the month of Feb 2023. The gainers accounted for 7.69% of sector companies, losers accounted for 76.92% of sector companies, while 2% remained unchanged.

Borosil Renew. (0.75% gain) was the only one gainer.

The 3 losers at the bottom were Banaras Beads (-11.88% fall), Saint-Gob. Sekur (-7.78% fall) and Borosil (-6.90% fall).

During the month Borosil Renewables Ltd, Empire Industries Ltd, Hindusthan National Glass & Industries Ltd, Haldyn Glass Ltd, La Opala RG Ltd, Sejal Glass Ltd and Borosil Ltd announced their results. Of these Empire Industries Ltd, Haldyn Glass Ltd, La Opala RG Ltd and Borosil Ltd reported rise in net profit attributable to shareholders. Companies like Borosil Renewables Ltd reported fall in net profit attributable to shareholders.

Companies like Sejal Glass Ltd reported loss to profit

During the month Borosil Renewables Ltd, Empire Industries Ltd, Triveni Glass Ltd, Asahi India Glass Ltd, Saint-Gobain Sekurit India Ltd, Jai Mata Glass Ltd, JIK Industries Ltd, Hindusthan National Glass & Industries Ltd, Haldyn Glass Ltd, Banaras Beads Ltd, La Opala RG Ltd, Sejal Glass Ltd, Borosil Ltd and Gold Plus Glass Industry Ltd filed their shareholding patterns.

FIIs increased their shareholding in Asahi India Glass Ltd from 3.29% to 3.78%, Saint-Gobain Sekurit India Ltd from 0.00% to 0.29%, Borosil Ltd from 1.78% to 2.07% and Borosil Renewables Ltd from 5.81% to 5.96%. FIIs reduced their shareholding in La Opala RG Ltd from 4.68% to 4.30%.

DIIs increased their shareholding in La Opala RG Ltd from 14.66% to 14.69% and Asahi India Glass Ltd from 1.63% to 1.64%. DIIs reduced their shareholding in Borosil Renewables Ltd from 0.13% to 0.10% and Empire Industries Ltd from 10.44% to 8.94%.

Promoters reduced their shareholding in Borosil Ltd from 70.33% to 70.30%.

During the month Annual reports of Borosil Renewables Ltd, Empire Industries Ltd, Triveni Glass Ltd, Asahi India Glass Ltd, Saint-Gobain Sekurit India Ltd, Jai Mata Glass Ltd, Hindusthan National Glass & Industries Ltd, Haldyn Glass Ltd, Banaras Beads Ltd, La Opala RG Ltd, Gujarat Guardian Ltd, Saint-Gobain India Pvt Ltd, Sejal Glass Ltd, Pragati Glass Pvt Ltd, Lawrence & Mayo India Pvt Ltd, Eye Gear Optics India Pvt Ltd, Owens Corning Industries India Pvt Ltd and Borosil Ltd were updated in Capitaline.

 

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