Date: 28 Mar 2024

Glass & Glass Products

Sector	Market Cap	No of Companies
Glass & Glass Products	29479.68	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	4.12
Net Block	4863.20	TTM PATM (%)	6.34	EV/TTM EBITDA	30.19
Current Assets	3225.16	Debt / Equity	0.58	P/E	64.95
ROCE (%)	16.39	RONW (%)	10.65	P/B	6.92

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

TTM ended December 2023

	28 Mar 2024	28 Feb 2023	28 Feb 2022	MoM Var. (%)	YoY Var. (%)
Sector Marketcap	29479.68	27002.74	27965.34	9.17	5.42
Total Marketcap	38945362.38	25907447.46	26551333.43	50.32	46.68
Sector's share	0.08	0.1	0.11	-0.02	-0.03
Sector No of companies	10	10	10	0	0
Total Listed companies	4583	4247	4124	336	459
Sector's share	0.22	0.24	0.24	-0.02	-0.02
Nifty 50	22123.65	21982.8	17359.75	0.64	27.44

 

Losers
Company Name	28/03/2024	28/02/2024	Var%
Triveni Glass	21.91	26.97	-18.76
Banaras Beads	88.80	102.20	-13.11
La Opala RG	297.55	337.55	-11.85
Haldyn Glass	147.60	160.75	-8.18
Borosil	357.10	378.75	-5.72

 

During the month of March 2024, Glass & Glass Products sector’s Marketcap increased 9.17% to Rs 29479.68 crore, compared to 50.32% rise in total listed marketcap to Rs 38945362.38 crore.

Sector’s share of total listed marketcap moved to 0.08% in March 2024 from 0.1% in February 2023 and 0.11% in February 2022.

In terms of price appreciation in the sector, there were no gainers and 8 losers in the month of Mar 2024. The gainers accounted for 0.00% of sector companies, losers accounted for 80.00% of sector companies, while 2% remained unchanged.

The 3 losers at the bottom were Triveni Glass (-18.76% fall), Banaras Beads (-13.11% fall) and La Opala RG (-11.85% fall).

Banaras Beads Ltd announced dividend of 2.

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, Gold Plus Glass Industry Ltd and Agarwal Toughened Glass India 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.