Sezal Glass is currently trading at Rs 17.42, up by 0.11 points or 0.64% from its previous closing of Rs 17.31 on the BSE.
The scrip opened at Rs 16.63 and has touched a high and low of Rs 17.43 and Rs 16.63 respectively. So far 1700 shares were traded on the counter.
The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 97.00 on 02-Dec-2010 and a 52 week low of Rs 15.00 on 24-Nov-2011.
Last one week high and low of the scrip stood at Rs 19.36 and Rs 15.00 respectively. The current market cap of the company is Rs 61.54 crore.
The promoters holding in the company stood at 54.34% while Institutions and Non-Institutions held 0.14% and 45.52% respectively.
Sezal Glass, as a part of the expansion program will invest Rs 100 crore in next one year to set up manufacturing facility in Bangalore and National Capital Region (NCR).
The company proposes to shorten the lead time with the new facility, thereby enabling delivery of products in time and within customers’ budget. The company proposes to dip into its reserves for funding the project. The company currently is a debt-free with adequate cash reserve for its future course of growth.
Recently, the company sold its float glass business to Saint-Gobain Glass India, a wholly-owned subsidiary of France-based Compagnie De Saint Gobain on slump sale basis for a consideration of Rs 686 crore. The market for value-added glass is estimated at about Rs 2,000 crore, increasing at 30% a year.
The product profile following this investment will include manufacture of high quality value-added glass products such as security glass, safety glass, fire resistance glass, acid patterned glass, bullet proof glass and manufacturing of other glass products - patterned and solar glass.
| Company Name | CMP |
|---|---|
| Asahi India Glass | 836.10 |
| Borosil Renewables | 561.65 |
| Borosil Scientific | 120.80 |
| Haldyn Glass | 113.65 |
| La Opala R G | 184.35 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: