Borosil Renewables Ltd.

Borosil Renewables has an operating revenue of Rs. 630.77 Cr. on a trailing 12-month basis. An annual revenue growth of 85% is outstanding, Pre-tax margin of 30% is great, ROE of 14% is good. The company has a reasonable debt to equity of 10%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 36% and 88% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 78% from the pivot point (which is extended from the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 67 which is a FAIR score but needs to improve its earnings, a RS Rating of 91 which is GREAT indicating the outperformance as compared to other stocks, Buyer Demand at A+ which is evident from recent demand for the stock, Group Rank of 72 indicates it belongs to a poor industry group of Containers/Packaging and a Master Score of B is close to being the best. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock is lagging behind in earnings parameter, but excellent technical strength makes it a stock to examine in more detail.