Borosil Renewable

Green Stocks: Borosil Renewables Stock Price Surges Amid Q2 Results

On a day when the Indian solar glass manufacturer announced its Q2 results and H1 results, its stock prices soared to 9 percent, compared to its closing price last Friday. The share prices kept on increasing just before the results were announced. Besides, Borosil Renewables, only three forms Shakti Pumps, Tata Power and JSW Energy […]

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Why Struggling Indian Solar Glass Firms See A Ray Of Hope

Indian solar glass manufacturers, who were adversely impacted by the alleged dumping of cheap solar glass from countries like China and Vietnam, are now seeing some relief. An investigation by the Directorate General of Trade Remedies (DGTR), under the Ministry of Commerce, found significant negative effects on Indian solar glass makers due to the influx […]

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Borosil Renewable In Deal With Clean Max For Green Energy

Indian solar glass manufacturer Borosil Renewable has announced acquiring 49 percent stake in Clean Max Prithvi Pvt Ltd (CMPPL) and Clean Max Enviro Energy Solutions Pvt Ltd. The Mumbai-based company in its recent filing before the Bombay Stok Exchange (BSE) said. Indian open access law requires offtakers to acquire proportionate stakes in firms supplying green […]

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Borosil Renewable Seeks More Protection For Indian Solar Glass Firms

Indian solar glass manufacturer Borosil Renewable is now in favour of changes in government tender documents to ensure use of only ‘domestically produced solar equipment’ like solar glass. This, the management said, is needed to protect the Indian solar glass companies, which are plagued with the challenges emanating from the stiff competition from the Chinese […]

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Green Stocks July 24: Borosil Renewables Continues Its Growth In Stock Market

The day following the budget announcement, Borosil Renewables’ stock price stayed at the top with an 8% growth, followed by Shakti Pumps and Suzlon Energy making progress with a 5% rise. The firm also had maintained an 8 percent growth yesterday after the Union Budget announced imposing a new custom duty against the imports of […]

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With New Import Duties On Solar Glass, Borosil Sees ‘Acche Din’ Ahead

In October 2023, Greater Noida hosted Renewable Energy Expo (REI) which saw the conglomeration of several renewable industries under one roof. On one side of the show, Borosil Renewable, one of India’s leading solar glass manufacturers hosted its stall. It entertained several solar industry leaders and had a series of meetings.  In an interview with […]

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Borosil Renewables Plans To Go For Fund Raise

Indian solar glass manufacturer-Borosil Renewable has now planned to for fund raise to strengthen its financial, the company recently told its investors. This has come at a time when the company has reported lower than expected profitability in the latest Q4 and annual financial results. The company’s Board has also approved the fund raise. Borosil […]

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Borosil Renewables Reports 21% Jump In Revenues In Q4

Indian solar glass manufacturer Borosil Renewables Ltd today published its Q4 and annual financial results. The Q4 results (audited standalone) for FY24 indicated a 21 percent rise in its total revenues. However, the rise in losses remained a concern for the company. As per the details, the company reported a total revenue of Rs 23,254 […]

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China Dominates 80% of Indian Solar Glass Market: Shreevar Kheruka, VC,  Borosil Renewable

How did the anti-dumping import provision waiver affect Borosil Renewable or other Indian solar glass makers?   The anti-dumping duty on the import of solar glass from China went away around a year ago. Since then, the dumping of Chinese solar glass has expanded substantially in the country. Chinese players control over 80 percent of the Indian solar […]

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