Sector Trends     29-Feb-24
Sector
Glass & Glass Products

Date: 28 Feb 2024

Glass & Glass Products

Sector

Market Cap

No of Companies

Glass & Glass Products

30585.13

10

 

NetWorth

4262.84

TTM Sales

7155.08

TTM Sales Var (%)

21.21

Debt

2488.09

TTM OP

1046.92

TTM NP Var (%)

-10.56

Capital Employed

7026.51

TTM OPM (%)

16.20

EV/TM Sales

4.27

Net Block

4863.20

TTM PATM (%)

6.34

EV/TTM EBITDA

31.25

Current Assets

3225.16

Debt / Equity

0.58

P/E

67.38

ROCE (%)

16.39

RONW (%)

10.65

P/B

7.17

The above figures are in Rs. Crores as of 28 Feb 2024

TTM ended December 2023

28 Feb 2024

31 Jan 2023

31 Jan 2022

MoM Var. (%)

YoY Var. (%)

Sector Marketcap

30585.13 28482.67 31756.5 7.38 -3.69

Total Marketcap

38849922.4 27157567.18 25408087.59 43.05 52.9

Sector's share

0.08 0.1 0.12 -0.02 -0.04

Sector No of companies

10 10 10 0 0

Total Listed companies

4541 4248 4096 293 445

Sector's share

0.22 0.24 0.24 -0.02 -0.02

Nifty 50

21951.15 21725.7 17303.95 1.04 26.86

 

Gainers

Company Name
28/02/2024
25/01/2024
Var%
Haldyn Glass 160.75 139.65 15.11
Borosil 378.75 352.80 7.36
Banaras Beads 102.20 101.10 1.09

Losers

Company Name
28/02/2024
25/01/2024
Var%
Borosil Renew. 521.65 622.50 -16.20
Triveni Glass 26.97 29.22 -7.70
La Opala RG 337.55 362.95 -7.00
Saint-Gob. Sekur 127.90 136.90 -6.57
Asahi India Glas 536.05 569.70 -5.91

 

During the month of February 2024, Glass & Glass Products sector’s Marketcap increased 7.38% to Rs 30585.13 crore, compared to 43.05% rise in total listed marketcap to Rs 38849922.4 crore.

Sector’s share of total listed marketcap moved to 0.08% in February 2024 from 0.1% in January 2023 and 0.12% in January 2022.


In terms of price appreciation in the sector, there were 3 gainers and 5 losers in the month of Feb 2024. The gainers accounted for 30.00% of sector companies, losers accounted for 50.00% of sector companies, while 2% remained unchanged.

The top 3 gainers were Haldyn Glass (15.11% gain), Borosil (7.36% gain) and Banaras Beads (1.09% gain).

The 3 losers at the bottom were Borosil Renew. (-16.20% fall), Triveni Glass (-7.70% fall) and La Opala RG (-7.00% fall).

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

Companies like Hindusthan National Glass & Industries Ltd reported loss to profit and Borosil Renewables Ltd reported profit to loss.

Banaras Beads Ltd became ex-dividend.

During the month Borosil Renewables Ltd, Triveni Glass Ltd, Asahi India Glass Ltd, Saint-Gobain Sekurit India 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 Borosil Renewables Ltd from 4.40% to 4.48%, Borosil Ltd from 0.71% to 0.78% and Asahi India Glass Ltd from 3.68% to 3.70%. FIIs reduced their shareholding in La Opala RG Ltd from 1.68% to 1.47%.

DIIs increased their shareholding in Borosil Renewables Ltd from 0.46% to 0.74%, Borosil Ltd from 1.17% to 1.37% and Asahi India Glass Ltd from 1.83% to 1.91%. DIIs reduced their shareholding in La Opala RG Ltd from 18.85% to 18.74%.

Promoters reduced their shareholding in Borosil Ltd from 70.21% to 70.18% and Sejal Glass Ltd from 90.00% to 78.96%.

During the month Annual reports of Borosil Renewables Ltd, Triveni Glass Ltd, Asahi India Glass Ltd, Saint-Gobain Sekurit India Ltd, Shreno Ltd, Piramal Glass Pvt Ltd, Hindusthan National Glass & Industries Ltd, Haldyn Glass Ltd, Banaras Beads Ltd, La Opala RG Ltd, Gujarat Guardian Ltd, UP Twiga Fiber glass Ltd, Owens-Corning India Pvt Ltd, Bharat Glass Tube Ltd, Saint-Gobain India Pvt Ltd, Schott Glass India Pvt Ltd, Goa Glass Fibre Ltd, Central Scientific Supplies Co. Ltd, Milton Global Ltd, Neutral Glass & Allied Industries Pvt Ltd, AGI Glasspack Limited, Haldyn Corporation Ltd, Sejal Glass Ltd, AIS Glass Solutions Ltd, Pragati Glass Pvt Ltd, Nipro Tube Glass Pvt Ltd, Lawrence & Mayo India Pvt Ltd, Eye Gear Optics India Pvt Ltd, Goel Scientific Glass Works Ltd, Gemstone Glass Pvt Ltd, Durgesh Block and China Glass Works Ltd, Owens Corning Industries India Pvt Ltd, Borosil Ltd, Gold Plus Glass Industry Ltd, Schott Kaisha Pvt Ltd, Advance Lamp Component & Table Wares Pvt Ltd, Borosil Scientific Ltd, Bhagwati Projects Pvt Ltd, Nipro Pharmapackaging India Pvt Ltd, Manoj Polypack Pvt Ltd, Magnus Composites Synergies Pvt Ltd, Emerge Glass India Pvt Ltd, Gopal Glass Works Ltd (1996), Sunshine Glass Co. Pvt Ltd, Lab Clas Technik Pvt Ltd, Shree Ashtavinayak Glass Pvt Ltd, S G D Pharma India Pvt Ltd, Tiger Sons Glass Industries Pvt Ltd, Sisecam Flat Glass India Pvt Ltd, Kunj Glass Pvt Ltd, Paras Glass Ware Pvt Ltd, Pankaj Glass Works Ltd, Gobind Glass & Inds. Ltd, T P R S Enterprises Pvt Ltd, Fuso Glass India Pvt Ltd, O R O Tuff Glasses Pvt Ltd, Haldyn Heinz Fine Glass Pvt Ltd, Friends Glass & Glazing Pvt Ltd, Triplex Glass Works Pvt Ltd, Pilkington Automotive India Pvt Ltd, Taylor Glassware Pvt Ltd, Hindustan Glass Works Ltd, Medieval Glass India Pvt Ltd, Electrotex Insulations Pvt Ltd, Dadakrupa Tuff Glass Pvt Ltd, Goyal Glassware Pvt Ltd, M G Electronics Ltd, Firozabad Ceramics Pvt Ltd, G S C Glass Pvt Ltd, Silica Ware Pvt Ltd and Pyrotek India Pvt Ltd were updated in Capitaline.

 

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