Borosil Renewable's shares fell by 5%, hitting the lower circuit limit, following the company's report of increased losses in the third quarter (Q3).

On February 17, shares of Borosil Renewables hit the 5% lower circuit after the company reported a significant increase in net losses for the December quarter. The net loss expanded to Rs 30 crore, marking a sharp rise from the Rs 15.90 crore loss recorded in the corresponding quarter of the previous year.