# Glass - Others — company-by-company sector analysis > Glass - Others: GMM Pfaudler Ltd owns the largest revenue base; HLE Glascoat Ltd has the fastest current growth. Sector Alpha — machine-written from the numbers. Data as of 2026-08-20. Not investment advice. ## Bottom line Glass - Others has underperformed NIFTY 500 by 17.3% over 52 weeks and 8.2% over 13 weeks. 1 of 2 covered companies beat NIFTY on Mansfield relative strength, while 1 of 2 beat the sector itself. GMM Pfaudler Ltd leads with revenue of ₹3,655 crore, based on 2 of 2 comparable companies through Jun 2026. ## Sector relative strength Glass - Others has underperformed NIFTY 500 by 17.3% over the last 52 weeks. Over 13 weeks the gap is a lead of 8.2%. 1 of 2 covered companies currently beats NIFTY on Mansfield relative strength, so leadership inside the sector is selective. GMM Pfaudler Ltd is the strongest against the sector itself at +10.6%. 13-week sector return versus NIFTY 500: 8.2% 52-week sector return versus NIFTY 500: -17% Stocks leading NIFTY: 1/2 Stocks leading sector: 1/2 Central tension: The central tension: the companies with the most scale are not necessarily the companies creating the most change. Companies: 2 Combined market value: ₹7.0K Cr ## 4-Factor Sector Score An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment. 1. GMM Pfaudler Ltd (GMMPFAUDLR): 63/100 — Mixed-positive evidence; evidence 79% - Growth & earnings 21.0/35 | Capital efficiency 11.6/25 | Valuation 10.4/20 | Relative strength 19.7/20 - Price stage: TURNING — Ahead of the benchmark for one to four weeks, after a stretch of being behind. - Led NIFTY 500 by 5%+ over the prior 13 weeks in 2 of the last 12 weeks - Exact sum: 21 + 11.6 + 10.4 + 19.7 = 62.7 - Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. 2. HLE Glascoat Ltd (HLEGLAS): 35/100 — Adverse evidence; evidence 79% - Growth & earnings 12.8/35 | Capital efficiency 10.4/25 | Valuation 11.3/20 | Relative strength 0.0/20 - Price stage: ASLEEP — Neither ahead of the benchmark nor yet turning up against it. - Led NIFTY 500 by 5%+ over the prior 13 weeks in 10 of the last 12 weeks - Exact sum: 12.8 + 10.4 + 11.3 + 0 = 34.5 - Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. ## Market action GMM Pfaudler Ltd has the strongest one-year price move in Glass - Others at -18.7%. It also leads on Mansfield relative strength against NIFTY at +4.4%. 1 of 2 covered companies is above zero on that measure. Every line covers 313 weekly closes through 2026-08-14. ### Strongest one-year price performers 1. GMM Pfaudler Ltd (GMMPFAUDLR): -19% 2. HLE Glascoat Ltd (HLEGLAS): -24% ### Strongest relative strength versus NIFTY 500 1. GMM Pfaudler Ltd (GMMPFAUDLR): 4.4% 2. HLE Glascoat Ltd (HLEGLAS): -21% ## Revenue Scale & Growth Durability What the numbers say: GMM Pfaudler Ltd is the scale leader at ₹3,655 crore, 166.8% ahead of HLE Glascoat Ltd. HLE Glascoat Ltd's growth is 26.3% from a ₹1,370 crore base, with 15 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale. Investor read: GMM Pfaudler Ltd is the scale benchmark; HLE Glascoat Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns. This conclusion weakens if: GMM Pfaudler Ltd's growth falls below HLE Glascoat Ltd's for two consecutive comparable reports while operating margin also compresses. Evidence: GMM Pfaudler Ltd · ₹3,655 crore | 166.8% versus #2 · HLE Glascoat Ltd | 6/8 recent comparable periods | 2/2 companies · 30 observations Definition: Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress. ### Revenue — largest 1. GMM Pfaudler Ltd (GMMPFAUDLR): ₹3.7K Cr 2. HLE Glascoat Ltd (HLEGLAS): ₹1.4K Cr ### Revenue growth — fastest growers 1. HLE Glascoat Ltd (HLEGLAS): 26% 2. GMM Pfaudler Ltd (GMMPFAUDLR): 14% ### 20-quarter Revenue history - GMMPFAUDLR: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 ₹792 Cr | Mar 2023 ₹866 Cr | Jun 2023 ₹912 Cr | Sep 2023 ₹937 Cr | Dec 2023 ₹856 Cr | Mar 2024 ₹741 Cr | Jun 2024 ₹785 Cr | Sep 2024 ₹805 Cr | Dec 2024 ₹801 Cr | Mar 2025 ₹807 Cr | Jun 2025 ₹795 Cr | Sep 2025 ₹902 Cr | Dec 2025 ₹884 Cr | Mar 2026 ₹944 Cr | Jun 2026 ₹925 Cr - HLEGLAS: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 ₹214 Cr | Mar 2023 ₹298 Cr | Jun 2023 ₹197 Cr | Sep 2023 ₹224 Cr | Dec 2023 ₹239 Cr | Mar 2024 ₹307 Cr | Jun 2024 ₹227 Cr | Sep 2024 ₹236 Cr | Dec 2024 ₹231 Cr | Mar 2025 ₹334 Cr | Jun 2025 ₹284 Cr | Sep 2025 ₹351 Cr | Dec 2025 ₹327 Cr | Mar 2026 ₹392 Cr | Jun 2026 ₹301 Cr ### 20-quarter Revenue growth history - GMMPFAUDLR: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 8.0% | Mar 2024 -14% | Jun 2024 -14% | Sep 2024 -14% | Dec 2024 -6.4% | Mar 2025 8.9% | Jun 2025 1.3% | Sep 2025 12% | Dec 2025 10% | Mar 2026 17% | Jun 2026 16% - HLEGLAS: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 12% | Mar 2024 3.0% | Jun 2024 15% | Sep 2024 5.1% | Dec 2024 -3.4% | Mar 2025 8.7% | Jun 2025 25% | Sep 2025 49% | Dec 2025 41% | Mar 2026 17% | Jun 2026 5.9% ## Operating Economics & Margin Trend What the numbers say: GMM Pfaudler Ltd leads both opm at 10% and margin change at -3 percentage points. Investor read: GMM Pfaudler Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it. This conclusion weakens if: The next two comparable reports reverse the current margin change signal. Evidence: GMM Pfaudler Ltd · 10% | 43.7% versus #2 · HLE Glascoat Ltd | 2/8 recent comparable periods | 2/2 companies · 40 observations Definition: Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth. ### OPM — highest 1. GMM Pfaudler Ltd (GMMPFAUDLR): 10% 2. HLE Glascoat Ltd (HLEGLAS): 7.0% ### Margin change — fastest expanders 1. GMM Pfaudler Ltd (GMMPFAUDLR): −3.0 pp 2. HLE Glascoat Ltd (HLEGLAS): −6.3 pp ### 20-quarter OPM history - GMMPFAUDLR: Sep 2021 14% | Dec 2021 13% | Mar 2022 10% | Jun 2022 13% | Sep 2022 15% | Dec 2022 15% | Mar 2023 11% | Jun 2023 14% | Sep 2023 15% | Dec 2023 13% | Mar 2024 12% | Jun 2024 11% | Sep 2024 12% | Dec 2024 12% | Mar 2025 10% | Jun 2025 13% | Sep 2025 13% | Dec 2025 12% | Mar 2026 8.0% | Jun 2026 10% - HLEGLAS: Sep 2021 18% | Dec 2021 17% | Mar 2022 15% | Jun 2022 14% | Sep 2022 16% | Dec 2022 12% | Mar 2023 15% | Jun 2023 12% | Sep 2023 12% | Dec 2023 10% | Mar 2024 12% | Jun 2024 9.6% | Sep 2024 14% | Dec 2024 11% | Mar 2025 16% | Jun 2025 13% | Sep 2025 11% | Dec 2025 6.5% | Mar 2026 11% | Jun 2026 7.0% ### 20-quarter Margin change history - GMMPFAUDLR: Sep 2021 −6.7 pp | Dec 2021 −8.0 pp | Mar 2022 +3.8 pp | Jun 2022 +6.7 pp | Sep 2022 +0.8 pp | Dec 2022 +2.1 pp | Mar 2023 +0.7 pp | Jun 2023 +0.8 pp | Sep 2023 −0.2 pp | Dec 2023 −1.9 pp | Mar 2024 +1.0 pp | Jun 2024 −3.0 pp | Sep 2024 −3.0 pp | Dec 2024 −1.0 pp | Mar 2025 −2.0 pp | Jun 2025 +2.0 pp | Sep 2025 +1.0 pp | Dec 2025 0.0 pp | Mar 2026 −2.0 pp | Jun 2026 −3.0 pp - HLEGLAS: Sep 2021 +0.4 pp | Dec 2021 −5.3 pp | Mar 2022 −2.8 pp | Jun 2022 −5.4 pp | Sep 2022 −1.7 pp | Dec 2022 −4.6 pp | Mar 2023 −0.2 pp | Jun 2023 −1.9 pp | Sep 2023 −4.5 pp | Dec 2023 −1.7 pp | Mar 2024 −3.1 pp | Jun 2024 −2.1 pp | Sep 2024 +2.7 pp | Dec 2024 +0.8 pp | Mar 2025 +3.7 pp | Jun 2025 +3.6 pp | Sep 2025 −3.6 pp | Dec 2025 −4.6 pp | Mar 2026 −4.7 pp | Jun 2026 −6.3 pp ## Profit Scale & Acceleration What the numbers say: GMM Pfaudler Ltd leads with ₹65 crore of TTM profit, 59.3% above HLE Glascoat Ltd. GMM Pfaudler Ltd shows 75.7% growth from a ₹65 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale. Investor read: GMM Pfaudler Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it. This conclusion weakens if: The next two comparable reports reverse the current profit growth signal. Evidence: GMM Pfaudler Ltd · ₹65 crore | 59.3% versus #2 · HLE Glascoat Ltd | 3/8 recent comparable periods | 2/2 companies · 30 observations Definition: Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank. ### Net profit — largest 1. GMM Pfaudler Ltd (GMMPFAUDLR): ₹65 Cr 2. HLE Glascoat Ltd (HLEGLAS): ₹41 Cr ### Profit growth — fastest growers 1. GMM Pfaudler Ltd (GMMPFAUDLR): 76% 2. HLE Glascoat Ltd (HLEGLAS): -45% ### 20-quarter Net profit history - GMMPFAUDLR: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 ₹19 Cr | Mar 2023 ₹33 Cr | Jun 2023 ₹50 Cr | Sep 2023 ₹67 Cr | Dec 2023 ₹28 Cr | Mar 2024 ₹25 Cr | Jun 2024 ₹22 Cr | Sep 2024 ₹15 Cr | Dec 2024 ₹40 Cr | Mar 2025 ₹-28 Cr | Jun 2025 ₹10 Cr | Sep 2025 ₹39 Cr | Dec 2025 ₹-11 Cr | Mar 2026 ₹15 Cr | Jun 2026 ₹22 Cr - HLEGLAS: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 ₹12 Cr | Mar 2023 ₹23 Cr | Jun 2023 ₹9 Cr | Sep 2023 ₹11 Cr | Dec 2023 ₹6 Cr | Mar 2024 ₹15 Cr | Jun 2024 ₹5 Cr | Sep 2024 ₹14 Cr | Dec 2024 ₹10 Cr | Mar 2025 ₹32 Cr | Jun 2025 ₹18 Cr | Sep 2025 ₹14 Cr | Dec 2025 ₹5 Cr | Mar 2026 ₹20 Cr | Jun 2026 ₹2 Cr ### 20-quarter Profit growth history - GMMPFAUDLR: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 50% | Mar 2024 -24% | Jun 2024 -56% | Sep 2024 -78% | Dec 2024 43% | Mar 2025 -212% | Jun 2025 -55% | Sep 2025 160% | Dec 2025 -128% | Mar 2026 — | Jun 2026 120% - HLEGLAS: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 -51% | Mar 2024 -36% | Jun 2024 -42% | Sep 2024 33% | Dec 2024 72% | Mar 2025 114% | Jun 2025 230% | Sep 2025 -3.2% | Dec 2025 -55% | Mar 2026 -36% | Jun 2026 -89% ## Return On Capital Employed What the numbers say: GMM Pfaudler Ltd leads ROCE at 13.6%, 1.8 percentage points above HLE Glascoat Ltd. GMM Pfaudler Ltd has the strongest latest improvement at +1 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability. Investor read: GMM Pfaudler Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it. This conclusion weakens if: The next two comparable reports reverse the current roce change signal. Evidence: GMM Pfaudler Ltd · 13.6% | 15.3% versus #2 · HLE Glascoat Ltd | Not enough history | 2/2 companies · 0 observations Definition: ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability. ### ROCE — highest 1. GMM Pfaudler Ltd (GMMPFAUDLR): 14% 2. HLE Glascoat Ltd (HLEGLAS): 12% ### ROCE change — fastest improvers 1. GMM Pfaudler Ltd (GMMPFAUDLR): +1.0 pp 2. HLE Glascoat Ltd (HLEGLAS): −1.0 pp ### 20-quarter ROCE history ### 20-quarter ROCE change history ## Valuation Against Growth & Quality What the numbers say: There is not enough comparable evidence to name a reliable peg leader. Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy. This conclusion weakens if: The next two comparable reports reverse the current p/e signal. Evidence: No comparable leader | Not enough peers | Not enough history | 0/2 companies · 0 observations Definition: PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is recomputed consistently as the trailing P/E divided by that growth rate — reported earnings, never an expected-earnings multiple. On Indian companies it is shown only where the two data feeds agreed. Where any of that fails the ratio is left out rather than printed: a P/E divided by a loss, or by growth measured off a tiny base, is a number that looks precise and means nothing. ### PEG — lowest PEG ### P/E — lowest P/E 1. GMM Pfaudler Ltd (GMMPFAUDLR): 37.4 2. HLE Glascoat Ltd (HLEGLAS): 57.8 ### 20-quarter PEG history ### 20-quarter P/E history - GMMPFAUDLR: Sep 2021 77.7 | Dec 2021 77.1 | Mar 2022 63.5 | Jun 2022 69.6 | Sep 2022 66.8 | Dec 2022 44.1 | Mar 2023 41.9 | Jun 2023 40.7 | Sep 2023 49.5 | Dec 2023 42.0 | Mar 2024 32.5 | Jun 2024 33.8 | Sep 2024 43.2 | Dec 2024 56.2 | Mar 2025 42.3 | Jun 2025 55.5 | Sep 2025 56.3 | Dec 2025 43.9 | Mar 2026 33.1 | Jun 2026 31.8 - HLEGLAS: Sep 2021 139.1 | Dec 2021 124.8 | Mar 2022 135.1 | Jun 2022 70.7 | Sep 2022 73.6 | Dec 2022 64.0 | Mar 2023 48.5 | Jun 2023 63.3 | Sep 2023 60.2 | Dec 2023 66.3 | Mar 2024 59.2 | Jun 2024 96.7 | Sep 2024 96.7 | Dec 2024 85.3 | Mar 2025 49.3 | Jun 2025 67.8 | Sep 2025 57.4 | Dec 2025 53.0 | Mar 2026 34.0 | Jun 2026 49.3 ## What can make this comparison misleading? - A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason. - A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment. - The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed. - An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion. - 2 companies are missing from the second-feed metrics by decision, not by absence: the two sources disagree, so nothing from the second is drawn. Read those rows as narrower evidence, never as a weaker business. - Thin comparisons: Valuation have fewer than three usable current readings. ## Every company - GMM Pfaudler Ltd (GMMPFAUDLR) — market value ₹4.7K Cr; latest fundamentals Jun 2026; second-feed figures WITHHELD - HLE Glascoat Ltd (HLEGLAS) — market value ₹2.3K Cr; latest fundamentals Jun 2026; second-feed figures WITHHELD ## Source standing of each company Cross-checked: 0. Unverified: 0. Withheld: 2. Graded companies: 2. 2 of 2 companies have a second data feed that is known to disagree with the primary source, so nothing from it is drawn: GMM Pfaudler Ltd (GMMPFAUDLR) — its two data sources disagree by up to 27% on reported income across 14 comparable periods, so its derived ratios are withheld; HLE Glascoat Ltd (HLEGLAS) — its two data sources disagree by up to 48% on reported income across 14 comparable periods, so its derived ratios are withheld. - WITHHELD | GMMPFAUDLR | GMM Pfaudler Ltd | diff_gt_2pct | disagreement up to 27.28% over 14 comparable periods - WITHHELD | HLEGLAS | HLE Glascoat Ltd | diff_gt_2pct | disagreement up to 47.58% over 14 comparable periods ## Methodology and freshness Fundamentals through Jun 2026; prices through 2026-08-14. Up to 20 quarters per company. Reported history is normalized to Indian rupees crore. Missing values are not interpolated. Derived metrics are calculated only when their inputs are comparable. ## Frequently asked questions ### Is the Glass - Others sector outperforming NIFTY 500? Glass - Others has underperformed NIFTY 500 by 17.3% over 52 weeks and 8.2% over 13 weeks. 1 of 2 covered companies beat NIFTY on Mansfield relative strength, while 1 of 2 beat the sector itself. ### Which Glass - Others company is largest by revenue? GMM Pfaudler Ltd leads with revenue of ₹3,655 crore, based on 2 of 2 comparable companies through Jun 2026. ### Which Glass - Others company is growing fastest? HLE Glascoat Ltd has the fastest current revenue growth at 26.3%, across 2 of 2 comparable companies. ### Which Glass - Others company has the strongest 4-Factor Sector Score? GMM Pfaudler Ltd ranks first at 62.7/100 with 79.3% evidence confidence. The score prioritizes research; it is not a buy recommendation. ### How much history does this Glass - Others comparison include? The page compares up to 20 reported quarters per company for fundamentals, returns and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated. ### How is the 4-Factor Sector Score calculated? The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral. ### Is there a Nifty Glass - Others index? NSE India maintains Nifty indices for several broad sector categories — Nifty Bank, Nifty IT, Nifty Pharma and others — but not for every sub-sector grouping on this site. Whether or not an official Nifty index covers Glass - Others, this page builds its own equal-weight basket of 2 listed Glass - Others companies — one company, one vote, regardless of market value — so no single large company dominates the reading. Figures are as of Jun 2026. ### Which are the best Glass - Others stocks in India? Ranked by this page's four-factor score, GMM Pfaudler Ltd places first among 2 listed Glass - Others companies, followed by HLE Glascoat Ltd. That is a ranking of published data — earnings, quality, valuation and market behaviour as of Jun 2026 — and not a recommendation; Sector Alpha is not registered with SEBI as an investment adviser. ### How many Glass - Others stocks are listed in India? This comparison covers 2 listed Glass - Others companies in India, each above the size floor the site applies, with 20 quarters of reported figures per company where the filings exist. The full ranked list is on this page, as of Jun 2026. ### Which Glass - Others company is the biggest? GMM Pfaudler Ltd is the largest, with trailing-twelve-month revenue of ₹3,655 crore, ahead of HLE Glascoat Ltd at ₹1,370 crore. That covers 2 of 2 companies with comparable reporting through Jun 2026. ### Which Glass - Others company has the best profit margins? GMM Pfaudler Ltd has the highest operating margin at 10%, from 2 of 2 comparable companies. GMM Pfaudler Ltd shows the biggest recent improvement, at -3 percentage points. A high margin matters most when it is holding or rising, not when it is peaking. ### Which Glass - Others company makes the most profit? GMM Pfaudler Ltd earns the most, at ₹65 crore of trailing-twelve-month net profit, from 2 of 2 comparable companies. GMM Pfaudler Ltd has the fastest profit growth at 75.7%, though growth off a small or recovering profit base overstates how much has actually changed. ### Which Glass - Others company earns the highest return on capital? GMM Pfaudler Ltd leads on return on capital employed at 13.6%, across 2 of 2 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year. ### Is the Glass - Others sector beating the market? Glass - Others has underperformed NIFTY 500 by 17.3% over the last 52 weeks and 8.2% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 1 of 2 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it. ### Which Glass - Others stock has the strongest price momentum? GMM Pfaudler Ltd has the strongest relative strength against NIFTY 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all. ### Which Glass - Others company scores highest for research priority? GMM Pfaudler Ltd scores 62.7 out of 100 with 79.3% evidence confidence, from 21 points on growth and earnings, 11.6 on capital efficiency, 10.4 on valuation and 19.7 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research. ### How many Glass - Others companies does this comparison cover, and over what period? It compares 2 listed companies over up to 20 reported quarters of fundamentals, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data. ### What is the total market cap of the Glass - Others sector? The 2 Glass - Others companies on this page carry ₹6,989 crore of combined market value. GMM Pfaudler Ltd is the largest at ₹4,713 crore, about 67% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-08-20. ### How is the Glass - Others sector performing? 1 of the 2 covered Glass - Others companies are beating NIFTY 500 on Mansfield relative strength. The sector itself is 17.3% behind NIFTY 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-08-20. ### Why are some values on this page blank? A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad. ### Is this investment advice? No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.