India's Borosil gains 4% on buying Goel Scientific

Borosil

03/04/2023 06:25

** Shares of Borosil Ltd  BORS.NS  rise as much as 3.90% to
339.90 rupees, highest in over three weeks since March 10
    ** Scientific, industrial and consumer products maker
announces execution of binding share purchase agreement for
90.71% stake in Goel Scientific Glass Works
    ** Co says acquisition done through BORS' subsidiary Klass
Pack
    ** Goel Scientific is a manufacturer of industrial glass
process systems as well as laboratory glassware
    ** Trading volume at 42,904 shares as of 10:47 a.m. IST,
0.9x the 30-day avg of 46,118 shares - Refinitiv data




 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463))