Stay away from Borosil Glass: Seshadri Bharathan

Seshadri Bharathan, MD & CEO, KSEMA Fincon Ltd. in an interview with ET Now talks about Borosil Glass.

What is your take on Borosil Glass on the charts?

If you look at the core business it is not doing well. Company is in losses but yes, in the sense that the company has a total liability of around Rs 81 crore so would be able to write off all the debt from the money that it received from the sale of land. If an investor wants to enter a stock, he has to look at the core business and core business here is not doing well so I would advise customer to stay away from Borosil.