Shares of Borosil, a manufacturer of laboratory glassware and consumer products, fell nearly 7% in early trade on Thursday after the company said LPG supply disruptions had impacted production at its Jaipur manufacturing facilities.

In an exchange filing late on Wednesday, the company said operations at its Jaipur plants have been impacted by restricted LPG supply, leading to the temporary suspension of its borosilicate glass furnace for pressware products and reduced operations at its opal glass furnaces.

Weighed down by the development, the stock dropped as much as 6.6% to ₹242.90 on the BSE, taking the company’s market capitalisation to around ₹2,940 crore. The small-cap stock opened 2.6% lower at ₹253.30, after ending 2.47% higher in the previous session.

The stock has declined over 2.5% in the past month and about 11% year-to-date, while it has fallen nearly 30% in the last six months. Over the past one year, the counter has slipped more than 28%. It had hit a 52-week high of ₹398.40 on September 24, 2025, and a 52-week low of ₹214.50 on March 9, 2026.

According to the company, it received communication from Oil Marketing Companies (OMCs) regarding restrictions on LPG supply due to a force majeure situation arising from the ongoing conflict in the Middle East, which has disrupted global fuel supply.

“In view of the above, the production activities at the Company’s Borosilicate Glass Furnace for Pressware Products and its Opal Glass Furnaces, all located at Jaipur, Rajasthan, have been impacted,” the company said in the filing.

While production at the borosilicate glass furnace has been temporarily suspended, the opal glass furnaces are operating at lower capacities, it added.

The company said it is actively coordinating with OMCs and relevant government authorities to secure LPG supply, which is essential for production, and to ensure continuity of operations to the extent feasible.

“We are evaluating the impact arising from the ongoing disruption in the supply of LPG. The Company is actively monitoring the situation and will continue to update the stock exchanges with any material developments,” it said.

Meanwhile, Indian equity markets extended losses on Thursday after tumbling nearly 1.7% in the previous session, as the escalating Middle East conflict involving the United States, Israel, and Iran entered its 13th day. Brent crude rebounded toward the $100-per-barrel mark, dampening investor risk appetite.

In early trade, the BSE Sensex dropped as much as 971 points, or 1.26%, to 75,893, dragged down by broad-based selling across sectors. In a similar trend, the Nifty 50 declined 271.70 points, or 1.14%, to 23,594.10. The broader market saw an even sharper correction, with the Nifty Midcap 100 and Nifty Smallcap 100 indices tumbling 1.70% and 1.74%, respectively.