Borosil Renewables Ltd is India鈥檚 first and only solar glass manufacturer, playing a vital role in the renewable energy sector. The company produces specialized glass used in solar panels, which is essential for capturing sunlight efficiently and converting it into energy. Established as a division of the well-known Borosil Group, Borosil Renewables has focused on supporting the growing demand for clean energy in India and abroad. Borosil Renewables Share Price on NSE as of 25 October 2024 is 413.15 INR. Here are more details on YBorosil Renewables Share Price Target 2024, 2025, 2026 to 2030.
Borosil Renewables Ltd: Market Overview
- Open Price: 鈧�420.00
- High Price: 鈧�424.70
- Low Price: 鈧�402.80
- Previous Close: 鈧�420.75
- Volume: 392,228
- Value (Lacs): 鈧�1,614.21
- VWAP: 鈧�411.00
- UC Limit: 鈧�504.90
- LC Limit: 鈧�336.60
- P/E ratio: N/A
- Div yield: N/A
- 52-wk high: 鈧�669.35
- 52-wk low: 鈧�391.05
- Mkt cap: 鈧�5.37碍颁谤
- Face Value: 鈧�1
Borosil Renewables Share Price Chart
Borosil Renewables Share Price Target Tomorrow 2024 To 2030
| Borosil Renewables Share Price Target Years | Share Price Target |
| 2024 | 鈧�675 |
| 2025 | 鈧�880 |
| 2026 | 鈧�995 |
| 2027 | 鈧�1160 |
| 2028 | 鈧�1270 |
| 2029 | 鈧�1388 |
| 2030 | 鈧�1510 |
Borosil Renewables Share Price Target 2024
Borosil Renewables share price target 2024 Expected target could be 鈧�675. Here are three key factors that could impact Borosil Renewables Ltd’s share price target in 2024:
- Rising Demand for Solar Energy in India and Globally: With the increasing adoption of solar energy worldwide, the demand for solar panels鈥攁nd therefore solar glass鈥攊s expected to grow. As a leading solar glass provider in India, Borosil Renewables is well-positioned to benefit from this trend, potentially boosting its revenue and positively impacting its share price.
- Capacity Expansion and Production Efficiency: Borosil Renewables鈥� plans to expand production capacity and improve manufacturing efficiency could enable it to meet growing market demands. Increased capacity would allow the company to fulfill larger orders and strengthen its market presence, supporting revenue growth and potentially driving up its share value.
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Supportive Government Policies for Renewable Energy: Policies encouraging solar energy adoption, such as subsidies for solar infrastructure, tax incentives, or import tariffs on foreign solar products, could favor Borosil Renewables. With the Indian government鈥檚 focus on green energy, Borosil Renewables stands to benefit from such initiatives, enhancing its market position and share price growth in 2024.
Borosil Renewables Share Price Target 2025
Borosil Renewables share price target 2025 Expected target could be 鈧�880. Here are three potential risks and challenges for Borosil Renewables Ltd’s share price target in 2025:
- Intense Competition in the Solar Glass Market: The solar glass industry is becoming increasingly competitive, with new entrants and existing players expanding their capabilities. If Borosil Renewables fails to differentiate its products or maintain competitive pricing, it could lose market share, negatively affecting its revenue and share price.
- Volatility in Raw Material Prices: The cost of raw materials used in manufacturing solar glass, such as silica and other chemicals, can be volatile. Fluctuations in these costs can impact production expenses and profit margins. If the company is unable to pass these costs onto customers, it may face reduced profitability, which could affect its share price.
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Dependency on Government Policies and Regulations: Borosil Renewables鈥� growth is closely linked to government support for renewable energy initiatives. Changes in policies, such as reduced subsidies or tariffs, could hinder the growth of the solar market and, in turn, negatively impact Borosil鈥檚 performance and share price in 2025.
Borosil Renewables Share Price Target 2030
Borosil Renewables share price target 2030 Expected target could be 鈧�1510. Here are three potential risks and challenges for Borosil Renewables Ltd’s share price target in 2030:
- Technological Advancements and Innovation: The renewable energy sector is rapidly evolving, with continuous advancements in technology. If Borosil Renewables fails to keep pace with innovations in solar glass production or the development of alternative materials, it may lose its competitive edge. This could result in a decline in market share and negatively impact its share price by 2030.
- Regulatory Changes and Policy Uncertainty: The renewable energy industry is heavily influenced by government policies and regulations. Any unfavorable changes, such as the reduction of subsidies, tariffs, or support for solar energy initiatives, could adversely affect Borosil Renewables鈥� growth prospects. This uncertainty may lead to decreased investor confidence and impact the company’s share price.
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Economic Downturns and Market Demand Fluctuations: Economic downturns or changes in market conditions can reduce investments in renewable energy projects, leading to decreased demand for solar glass. If Borosil Renewables experiences a significant drop in orders during economic challenges, it could adversely affect its financial performance and share price in 2030.
Shareholding Pattern For Borosil Renewables Ltd
- Promoters: 61.6%
- FII: 4.19%
- DII: 0.23%
- Public:聽 33.99%
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Borosil Renewables Ltd Financials
| (INR) | 2024 | Y/Y change |
| Revenue | 13.74B | 52.99% |
| Operating expense | 10.55B | 71.09% |
| Net income | -468.95M | -167.35% |
| Net profit margin | -3.41 | -144.00% |
| Earnings per share | 鈥� | 鈥� |
| EBITDA | 551.51M | -66.37% |
| Effective tax rate | 4.66% | 鈥� |
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