Borosil Renewables
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July 16 (Reuters) - Borosil Renewables Ltd BORO.NS:
JUNE-QUARTER CONSOL NET PROFIT 868.4 MILLION RUPEES
JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 4.05 BILLION RUPEES
Further company coverage: BORO.NS
(([email protected];))
July 16 (Reuters) - Borosil Renewables Ltd BORO.NS:
JUNE-QUARTER CONSOL NET PROFIT 868.4 MILLION RUPEES
JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 4.05 BILLION RUPEES
Further company coverage: BORO.NS
(([email protected];))
** India extends deadline for solar panel manufacturers to comply with mandatory Bureau of Indian Standards (BIS) certification
** Waaree Energies WAAN.NS up nearly 2% to 2,876.4 rupees, Premier Energies PEME.NS gains around 3% to 1,073.8 rupees, Vikram Solar VIKO.NS rises about 3.5% to 190.04 rupees, Adani Green Energy ADNA.NS advances 0.19% to 1,507.5 rupees, Borosil Renewables BORO.NS jumps about 7% to 636.85 rupees
** In July 8 gazette notification, Ministry of New and Renewable Energy extended deadline to December 31, 2026 from June 30, 2026
** Extension granted due to limited testing facilities available and time needed for industry to comply
** YTD, WAAN down about 3%, PEME up nearly 28%, VIKO down around 20%, ADNA up 37.26%, and BORO up about 18%
(Reporting by Saikeerthi in Bengaluru)
(([email protected]; (+91) 8296756080))
** India extends deadline for solar panel manufacturers to comply with mandatory Bureau of Indian Standards (BIS) certification
** Waaree Energies WAAN.NS up nearly 2% to 2,876.4 rupees, Premier Energies PEME.NS gains around 3% to 1,073.8 rupees, Vikram Solar VIKO.NS rises about 3.5% to 190.04 rupees, Adani Green Energy ADNA.NS advances 0.19% to 1,507.5 rupees, Borosil Renewables BORO.NS jumps about 7% to 636.85 rupees
** In July 8 gazette notification, Ministry of New and Renewable Energy extended deadline to December 31, 2026 from June 30, 2026
** Extension granted due to limited testing facilities available and time needed for industry to comply
** YTD, WAAN down about 3%, PEME up nearly 28%, VIKO down around 20%, ADNA up 37.26%, and BORO up about 18%
(Reporting by Saikeerthi in Bengaluru)
(([email protected]; (+91) 8296756080))
June 1 (Reuters) - Borosil Renewables Ltd BORO.NS:
BOROSIL RENEWABLES - RECEIVES SHOW CAUSE NOTICE UNDER CUSTOMS ACT DATED MAY 15, 2026
BOROSIL RENEWABLES - NOTICE ALLEGES SHORT PAYMENT OF CUSTOM DUTIES OF 133 MILLION RUPEES
Source text: ID:nBSE22JRNB
Further company coverage: BORO.NS
(([email protected];))
June 1 (Reuters) - Borosil Renewables Ltd BORO.NS:
BOROSIL RENEWABLES - RECEIVES SHOW CAUSE NOTICE UNDER CUSTOMS ACT DATED MAY 15, 2026
BOROSIL RENEWABLES - NOTICE ALLEGES SHORT PAYMENT OF CUSTOM DUTIES OF 133 MILLION RUPEES
Source text: ID:nBSE22JRNB
Further company coverage: BORO.NS
(([email protected];))
May 12 (Reuters) - Borosil Renewables Ltd BORO.NS:
BOROSIL RENEWABLES MARCH-QUARTER CONSOL PROFIT 1.69 BILLION RUPEES
BOROSIL RENEWABLES MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 4.40 BILLION RUPEES
BOROSIL RENEWABLES LTD- APPROVED PROPOSAL TO RAISE UPTO 7.5 BILLION RUPEES
Further company coverage: BORO.NS
(([email protected];))
May 12 (Reuters) - Borosil Renewables Ltd BORO.NS:
BOROSIL RENEWABLES MARCH-QUARTER CONSOL PROFIT 1.69 BILLION RUPEES
BOROSIL RENEWABLES MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 4.40 BILLION RUPEES
BOROSIL RENEWABLES LTD- APPROVED PROPOSAL TO RAISE UPTO 7.5 BILLION RUPEES
Further company coverage: BORO.NS
(([email protected];))
May 5 (Reuters) - Borosil Renewables Ltd BORO.NS:
BOROSIL RENEWABLES LTD - TO SEEK SHAREHOLDERS' APPROVAL FOR FUND RAISING
Source text: ID:nBSE3pLNnG
Further company coverage: BORO.NS
(([email protected];))
May 5 (Reuters) - Borosil Renewables Ltd BORO.NS:
BOROSIL RENEWABLES LTD - TO SEEK SHAREHOLDERS' APPROVAL FOR FUND RAISING
Source text: ID:nBSE3pLNnG
Further company coverage: BORO.NS
(([email protected];))
** Nomura says United States' preliminary 126% countervailing duty on Indian solar exports may have limited impact on firms with diversified sourcing and overseas exposure
** Adds, companies using imported solar cells, including Waaree, are less exposed to duties tied to domestic subsidy-linked production
** Shares of Waaree Energies WAAN.NS rise 1.2% to 2,742 rupees, Premier Energies PEME.NS up 0.1% to 730.70 rupees, and Borosil Renewables BORO.NS gain 0.87% to 477.70 rupees
** Waaree Energies and Premier Energies have said the development does not materially affect their operations
** Strong US solar demand of 50–60 GW annually continues to support export opportunity - Nomura
** However, duty still poses broader headwind for Indian manufacturers reliant on subsidised domestic supply chains
** YTD, WAAN down 8.7%, PEME lost 13.4% and BORO dropped 12.8%
(Reporting by Surbhi Misra in Bengaluru)
(([email protected] | X: https://twitter.com/SurbhiMisra_ |;))
** Nomura says United States' preliminary 126% countervailing duty on Indian solar exports may have limited impact on firms with diversified sourcing and overseas exposure
** Adds, companies using imported solar cells, including Waaree, are less exposed to duties tied to domestic subsidy-linked production
** Shares of Waaree Energies WAAN.NS rise 1.2% to 2,742 rupees, Premier Energies PEME.NS up 0.1% to 730.70 rupees, and Borosil Renewables BORO.NS gain 0.87% to 477.70 rupees
** Waaree Energies and Premier Energies have said the development does not materially affect their operations
** Strong US solar demand of 50–60 GW annually continues to support export opportunity - Nomura
** However, duty still poses broader headwind for Indian manufacturers reliant on subsidised domestic supply chains
** YTD, WAAN down 8.7%, PEME lost 13.4% and BORO dropped 12.8%
(Reporting by Surbhi Misra in Bengaluru)
(([email protected] | X: https://twitter.com/SurbhiMisra_ |;))
Dec 23 (Reuters) - Borosil Renewables Ltd BORO.NS:
BOROSIL RENEWABLES - GEOSPHERE FILES FOR VOLUNTARY INSOLVENCY
Source text: ID:nNSE6P422m
Further company coverage: BORO.NS
(([email protected];))
Dec 23 (Reuters) - Borosil Renewables Ltd BORO.NS:
BOROSIL RENEWABLES - GEOSPHERE FILES FOR VOLUNTARY INSOLVENCY
Source text: ID:nNSE6P422m
Further company coverage: BORO.NS
(([email protected];))
Nov 28 (Reuters) - Borosil Renewables Ltd BORO.NS:
BOROSIL RENEWABLES LTD - RECEIVED CAPITAL SUBSIDY OF 142.1 MILLION RUPEES FROM MEITY
Source text: ID:nBSE5x7QTy
Further company coverage: BORO.NS
(([email protected];;))
Nov 28 (Reuters) - Borosil Renewables Ltd BORO.NS:
BOROSIL RENEWABLES LTD - RECEIVED CAPITAL SUBSIDY OF 142.1 MILLION RUPEES FROM MEITY
Source text: ID:nBSE5x7QTy
Further company coverage: BORO.NS
(([email protected];;))
Oct 14 (Reuters) - Borosil Renewables BORO.NS:
GOVERNMENT MANDATES REGISTRATION FOR RENEWABLE ENERGY COMPONENT IMPORTS
Source text: ID:nBSE8VxbxY
Further company coverage: BORO.NS
(([email protected];))
Oct 14 (Reuters) - Borosil Renewables BORO.NS:
GOVERNMENT MANDATES REGISTRATION FOR RENEWABLE ENERGY COMPONENT IMPORTS
Source text: ID:nBSE8VxbxY
Further company coverage: BORO.NS
(([email protected];))
March 28 (Reuters) - Borosil Renewables Ltd BORO.NS:
HAS OUTSTANDING STANDBY LETTER OF CREDIT OF EUR 10.8 MILLION
UNIT REQUESTS HDFC TO PREPONE REPAYMENT SCHEDULE
CO HONOURED ITS OBLIGATIONS UNDER SBLC AMOUNTING TO EUR 10.8 MILLION TO HDFC LENDER BANK
Source text: ID:nBSE8xMq1k
Further company coverage: BORO.NS
(([email protected];))
March 28 (Reuters) - Borosil Renewables Ltd BORO.NS:
HAS OUTSTANDING STANDBY LETTER OF CREDIT OF EUR 10.8 MILLION
UNIT REQUESTS HDFC TO PREPONE REPAYMENT SCHEDULE
CO HONOURED ITS OBLIGATIONS UNDER SBLC AMOUNTING TO EUR 10.8 MILLION TO HDFC LENDER BANK
Source text: ID:nBSE8xMq1k
Further company coverage: BORO.NS
(([email protected];))
Borosil Renewables Ltd BORO.NS:
BOROSIL RENEWABLES- HONOURED OBLIGATIONS UNDER LETTER OF CREDIT FOR UNIT, GMB GLASMANUFAKTUR
BOROSIL RENEWABLES- LETTER OF CREDIT AMOUNTING TO EUR 10.2 MILLION FOR GERMAN UNIT, GMB
Source text: [ID:]
Further company coverage: BORO.NS
Borosil Renewables Ltd BORO.NS:
BOROSIL RENEWABLES- HONOURED OBLIGATIONS UNDER LETTER OF CREDIT FOR UNIT, GMB GLASMANUFAKTUR
BOROSIL RENEWABLES- LETTER OF CREDIT AMOUNTING TO EUR 10.2 MILLION FOR GERMAN UNIT, GMB
Source text: [ID:]
Further company coverage: BORO.NS
** Shares of Borosil Renewables BORO.NS fall as much as 5% to 472.5 rupees, lowest since Jan. 28
** Renewable energy equipment maker posted a wider third-quarter consol net loss of 267.5 million rupees ($3.08 million) vs year-ago loss of 155.6 million rupees
** Co says hurt by sharp decline in demand for solar photovoltaic modules
** Stock down 10% so far this month
($1 = 86.8000 Indian rupees)
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
** Shares of Borosil Renewables BORO.NS fall as much as 5% to 472.5 rupees, lowest since Jan. 28
** Renewable energy equipment maker posted a wider third-quarter consol net loss of 267.5 million rupees ($3.08 million) vs year-ago loss of 155.6 million rupees
** Co says hurt by sharp decline in demand for solar photovoltaic modules
** Stock down 10% so far this month
($1 = 86.8000 Indian rupees)
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
Jan 16 (Reuters) - Borosil Renewables Ltd BORO.NS:
UPDATE ON TEMPORARY COOL DOWN OF FURNACE AT GMB GLASMANUFAKTUR BRANDENBURG
GMB IMPLEMENTS TEMPORARY COOL DOWN OF FURNACE
GMB FACILITIES TO REMAIN OPERATIONAL WITH MINIMAL WORKFORCE
GMB ANTICIPATES FULL RESUMPTION OF OPERATIONS ONCE DEMAND RECOVERS
Source text: ID:nBSE5R604C
Further company coverage: BORO.NS
(([email protected];;))
Jan 16 (Reuters) - Borosil Renewables Ltd BORO.NS:
UPDATE ON TEMPORARY COOL DOWN OF FURNACE AT GMB GLASMANUFAKTUR BRANDENBURG
GMB IMPLEMENTS TEMPORARY COOL DOWN OF FURNACE
GMB FACILITIES TO REMAIN OPERATIONAL WITH MINIMAL WORKFORCE
GMB ANTICIPATES FULL RESUMPTION OF OPERATIONS ONCE DEMAND RECOVERS
Source text: ID:nBSE5R604C
Further company coverage: BORO.NS
(([email protected];;))
** Shares of solar glass manufacturer Borosil Renewables BORO.NS rise to exchange-allowed maximum of 5% to 603.10 rupees
** BORO says its solar glass manufacturing capacity will increase by 50% to 1,500 tons per day from 1,000 tons per day
** Solar glass is used to manufacture photovoltaic solar panels
** Stock on track for third straight session of gains
** BORO rose 27.4% in 2024 vs 13.5% decline in 2023
(Reporting by Vijay Malkar)
(([email protected];))
** Shares of solar glass manufacturer Borosil Renewables BORO.NS rise to exchange-allowed maximum of 5% to 603.10 rupees
** BORO says its solar glass manufacturing capacity will increase by 50% to 1,500 tons per day from 1,000 tons per day
** Solar glass is used to manufacture photovoltaic solar panels
** Stock on track for third straight session of gains
** BORO rose 27.4% in 2024 vs 13.5% decline in 2023
(Reporting by Vijay Malkar)
(([email protected];))
** Textured solar glass maker Borosil Renewables BORO.NS rises 5.8% to 516.35 rupees
** Indian government imposes anti-dumping duty on textured tempered glass originating in or exported by China and Vietnam
** Anti-dumping duty will be valid for a period of six months
** Shares of BORO up 17% in 2024 so far, on course to snap a two-year losing streak - LSEG data
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463;))
** Textured solar glass maker Borosil Renewables BORO.NS rises 5.8% to 516.35 rupees
** Indian government imposes anti-dumping duty on textured tempered glass originating in or exported by China and Vietnam
** Anti-dumping duty will be valid for a period of six months
** Shares of BORO up 17% in 2024 so far, on course to snap a two-year losing streak - LSEG data
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463;))
Nov 28 (Reuters) - Borosil Renewables Ltd BORO.NS:
BOROSIL RENEWABLES LTD - APPOINTS MELWYN MOSES AS CEO
Source text: ID:nBSE9VVSDY
Further company coverage: BORO.NS
(([email protected];))
Nov 28 (Reuters) - Borosil Renewables Ltd BORO.NS:
BOROSIL RENEWABLES LTD - APPOINTS MELWYN MOSES AS CEO
Source text: ID:nBSE9VVSDY
Further company coverage: BORO.NS
(([email protected];))
Nov 11 (Reuters) - Borosil Renewables Ltd BORO.NS:
SEPT-QUARTER CONSOL NET LOSS 97.5 MILLION RUPEES
SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 3.72 BILLION RUPEES
Source text: ID:nBSEc9BgRp
Further company coverage: BORO.NS
(([email protected];;))
Nov 11 (Reuters) - Borosil Renewables Ltd BORO.NS:
SEPT-QUARTER CONSOL NET LOSS 97.5 MILLION RUPEES
SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 3.72 BILLION RUPEES
Source text: ID:nBSEc9BgRp
Further company coverage: BORO.NS
(([email protected];;))
Sept 25 (Reuters) - Borosil Renewables Ltd BORO.NS:
TO INVEST 178.3 MILLION RUPEES IN CLEAN MAX PRITHVI
Source text for Eikon: ID:nNSEbf5gQl
Further company coverage: BORO.NS
(([email protected];;))
Sept 25 (Reuters) - Borosil Renewables Ltd BORO.NS:
TO INVEST 178.3 MILLION RUPEES IN CLEAN MAX PRITHVI
Source text for Eikon: ID:nNSEbf5gQl
Further company coverage: BORO.NS
(([email protected];;))
Sept 4 (Reuters) - Borosil Renewables Ltd BORO.NS:
BOROSIL RENEWABLES LTD - ACQUISITION OF 49% STAKE IN CLEAN MAX PRITHVI
Source text for Eikon: ID:nBSE4CwKp
Further company coverage: BORO.NS
(([email protected];))
Sept 4 (Reuters) - Borosil Renewables Ltd BORO.NS:
BOROSIL RENEWABLES LTD - ACQUISITION OF 49% STAKE IN CLEAN MAX PRITHVI
Source text for Eikon: ID:nBSE4CwKp
Further company coverage: BORO.NS
(([email protected];))
Aug 12 (Reuters) - Borosil Renewables Ltd BORO.NS:
BOROSIL RENEWABLES JUNE-QUARTER CONSOL NET LOSS 129.6 MILLION RUPEES
BOROSIL RENEWABLES JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 3.71 BILLION RUPEES
Further company coverage: BORO.NS
(([email protected];))
Aug 12 (Reuters) - Borosil Renewables Ltd BORO.NS:
BOROSIL RENEWABLES JUNE-QUARTER CONSOL NET LOSS 129.6 MILLION RUPEES
BOROSIL RENEWABLES JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 3.71 BILLION RUPEES
Further company coverage: BORO.NS
(([email protected];))
Aug 7 (Reuters) - Borosil Renewables Ltd BORO.NS:
TO CONSIDER, REVIEW EARLIER APPROVED FUND RAISING PLANS VIA RIGHTS ISSUE
Source text for Eikon: ID:nBSE4VWRgG
Further company coverage: BORO.NS
(([email protected];))
Aug 7 (Reuters) - Borosil Renewables Ltd BORO.NS:
TO CONSIDER, REVIEW EARLIER APPROVED FUND RAISING PLANS VIA RIGHTS ISSUE
Source text for Eikon: ID:nBSE4VWRgG
Further company coverage: BORO.NS
(([email protected];))
** Shares of Borosil Renewables BORO.NS fall 4.4% to 484.30 rupees, biggest pct loss since early Jan this year
** The solar glass manufacturer reported a consolidated loss of 533.2 mln rupees ($6.4 mln)in its fourth quarter earnings compared to a profit of 143.4 mln rupees last year
** Co's bottomline was hurt by a 15.4% rise in total expenses and a 8.4% fall in rev from ops during the qtr
** If trend continues, stock to log its biggest monthly fall since Feb
** Stock down ~10% YTD following a ~13.5% fall in 2023
($1 = 83.1700 Indian rupees)
(Reporting by Yagnoseni Das in Bengaluru)
(([email protected];))
** Shares of Borosil Renewables BORO.NS fall 4.4% to 484.30 rupees, biggest pct loss since early Jan this year
** The solar glass manufacturer reported a consolidated loss of 533.2 mln rupees ($6.4 mln)in its fourth quarter earnings compared to a profit of 143.4 mln rupees last year
** Co's bottomline was hurt by a 15.4% rise in total expenses and a 8.4% fall in rev from ops during the qtr
** If trend continues, stock to log its biggest monthly fall since Feb
** Stock down ~10% YTD following a ~13.5% fall in 2023
($1 = 83.1700 Indian rupees)
(Reporting by Yagnoseni Das in Bengaluru)
(([email protected];))
May 27 (Reuters) - Borosil Renewables Ltd BORO.NS:
BOROSIL RENEWABLES LTD MARCH-QUARTER CONSOL NET LOSS 480.7 MILLION RUPEES VERSUS PROFIT 101 MILLION RUPEES
BOROSIL RENEWABLES LTD MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 2.83 BILLION RUPEES VERSUS 3.09 BILLION RUPEES
Source text for Eikon: ID:nBSEbHRmzt
Further company coverage: BORO.NS
(([email protected];))
May 27 (Reuters) - Borosil Renewables Ltd BORO.NS:
BOROSIL RENEWABLES LTD MARCH-QUARTER CONSOL NET LOSS 480.7 MILLION RUPEES VERSUS PROFIT 101 MILLION RUPEES
BOROSIL RENEWABLES LTD MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 2.83 BILLION RUPEES VERSUS 3.09 BILLION RUPEES
Source text for Eikon: ID:nBSEbHRmzt
Further company coverage: BORO.NS
(([email protected];))
May 21 (Reuters) - Borosil Renewables Ltd BORO.NS:
BOROSIL RENEWABLES LTD - TO CONSIDER RAISING OF FUNDS
Source text for Eikon: ID:nBSE1kBGCn
Further company coverage: BORO.NS
(([email protected];))
May 21 (Reuters) - Borosil Renewables Ltd BORO.NS:
BOROSIL RENEWABLES LTD - TO CONSIDER RAISING OF FUNDS
Source text for Eikon: ID:nBSE1kBGCn
Further company coverage: BORO.NS
(([email protected];))
** Shares of Asahi India Glass AISG.NS rise as much as ~4%, last up 2% to 616 rupees
** Stock hit session's high after the glass and windows solutions company reported a 7.3% rise in March-quarter profit and 3% rise in total rev from ops
** Co was up 0.6% ahead of results
** Including session's gains, stock up 6.7% so far this year; peer Borosil Renewables BORO.NS up 15%
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
** Shares of Asahi India Glass AISG.NS rise as much as ~4%, last up 2% to 616 rupees
** Stock hit session's high after the glass and windows solutions company reported a 7.3% rise in March-quarter profit and 3% rise in total rev from ops
** Co was up 0.6% ahead of results
** Including session's gains, stock up 6.7% so far this year; peer Borosil Renewables BORO.NS up 15%
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
** Shares of Asahi India Glass AISG.NS up 1.6% after two sessions of losses
** Stock of the glass and windows solutions co climbed 3.4% to hit session's high earlier in the day
** Over 300,000 shares change hands in one block deal for 504.5 rupees apiece
** AISG stock on track for busiest trading session since late-Jan, volumes over four times of 30-day avg
** Including session's gains, stock down ~11%
** Co gained 10% in 2023, while peer Borosil Renewables BORO.NS lost ~14%
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
** Shares of Asahi India Glass AISG.NS up 1.6% after two sessions of losses
** Stock of the glass and windows solutions co climbed 3.4% to hit session's high earlier in the day
** Over 300,000 shares change hands in one block deal for 504.5 rupees apiece
** AISG stock on track for busiest trading session since late-Jan, volumes over four times of 30-day avg
** Including session's gains, stock down ~11%
** Co gained 10% in 2023, while peer Borosil Renewables BORO.NS lost ~14%
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
March 1 (Reuters) - Borosil Renewables Ltd BORO.NS:
APPROVED FUND RAISING OF UP TO 5 BILLION RUPEES
Source text for Eikon: ID:nBSE3rnqhJ
Further company coverage: BORO.NS
(([email protected];;))
March 1 (Reuters) - Borosil Renewables Ltd BORO.NS:
APPROVED FUND RAISING OF UP TO 5 BILLION RUPEES
Source text for Eikon: ID:nBSE3rnqhJ
Further company coverage: BORO.NS
(([email protected];;))
** Shares of Borosil Renewables BORO.NS rise 7.2% to 578.20 rupees apiece
** Rise in the solar glass maker's shares after Indian government initiates anti-dumping investigation into solar glass originating in or exported by China and Vietnam
** Borosil Renewables is the applicant seeking initiation of probe, alleging dumping of solar glass from China and Vietnam
** Borosil says price suppression due to imports hurting domestic industry
** Product used as a component in solar photovoltaic panels
** Stock up 32% YTD - LSEG data
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463;))
** Shares of Borosil Renewables BORO.NS rise 7.2% to 578.20 rupees apiece
** Rise in the solar glass maker's shares after Indian government initiates anti-dumping investigation into solar glass originating in or exported by China and Vietnam
** Borosil Renewables is the applicant seeking initiation of probe, alleging dumping of solar glass from China and Vietnam
** Borosil says price suppression due to imports hurting domestic industry
** Product used as a component in solar photovoltaic panels
** Stock up 32% YTD - LSEG data
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463;))
** Shares of India's Borosil Renewables BORO.NS down as much as 15.12% at 516.35 rupees; mark sharpest intraday fall since March 2020
** Co posts consol loss in Q3 vs a profit last year; revenue surges 34%
** Stock currently down 9.7%, falls for the third consecutive session - on track to snap a six-week winning streak
** About 3.1 mln shares changed hands by 2:16 p.m. IST, 1.3x the 30-day avg
** Stock up ~25% YTD after an ~14% slide in 2023
(Reporting by Hritam Mukherjee in Bengaluru)
(([email protected];))
** Shares of India's Borosil Renewables BORO.NS down as much as 15.12% at 516.35 rupees; mark sharpest intraday fall since March 2020
** Co posts consol loss in Q3 vs a profit last year; revenue surges 34%
** Stock currently down 9.7%, falls for the third consecutive session - on track to snap a six-week winning streak
** About 3.1 mln shares changed hands by 2:16 p.m. IST, 1.3x the 30-day avg
** Stock up ~25% YTD after an ~14% slide in 2023
(Reporting by Hritam Mukherjee in Bengaluru)
(([email protected];))
Nov 6 (Reuters) - Borosil Renewables Ltd BORO.NS:
BOROSIL RENEWABLES LTD SEPT-QUARTER CONSOL NET PROFIT 250.5 MILLION RUPEES VERSUS 241.9 MILLION RUPEES
BOROSIL RENEWABLES LTD SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 4.02 BILLION RUPEES VERSUS 1.69 BILLION RUPEES
(([email protected];))
Nov 6 (Reuters) - Borosil Renewables Ltd BORO.NS:
BOROSIL RENEWABLES LTD SEPT-QUARTER CONSOL NET PROFIT 250.5 MILLION RUPEES VERSUS 241.9 MILLION RUPEES
BOROSIL RENEWABLES LTD SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 4.02 BILLION RUPEES VERSUS 1.69 BILLION RUPEES
(([email protected];))
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What does Borosil Renewables do?
Borosil Renewables Ltd is an Indian manufacturer of low iron, textured solar glass for use in photovoltaic panels and flat plate collectors. The company exports its products globally and is a part of the Borosil group which manufactures lab ware, scientific ware and consumer ware products.
Who are the competitors of Borosil Renewables?
Borosil Renewables major competitors are Websol Energy System, Insolation Energy, Swelect Energy Sys., Hind Rectifiers, Marine Electricals, Concord Control Sys., IKIO Technologies. Market Cap of Borosil Renewables is ₹8,902 Crs. While the median market cap of its peers are ₹2,836 Crs.
Is Borosil Renewables financially stable compared to its competitors?
Borosil Renewables seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Borosil Renewables pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Borosil Renewables latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Borosil Renewables allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Borosil Renewables balance sheet?
Balance sheet of Borosil Renewables is strong. But short term working capital might become an issue for this company.
Is the profitablity of Borosil Renewables improving?
The profit is oscillating. The profit of Borosil Renewables is ₹128 Crs for TTM, -₹69.57 Crs for Mar 2025 and -₹46.9 Crs for Mar 2024.
Is the debt of Borosil Renewables increasing or decreasing?
The net debt of Borosil Renewables is decreasing. Latest net debt of Borosil Renewables is ₹84.43 Crs as of Mar-26. This is less than Mar-25 when it was ₹113 Crs.
Is Borosil Renewables stock expensive?
Borosil Renewables is not expensive. Latest PE of Borosil Renewables is 67.63, while 3 year average PE is 90.77. Also latest EV/EBITDA of Borosil Renewables is 19.98 while 3yr average is 80.95.
Has the share price of Borosil Renewables grown faster than its competition?
Borosil Renewables has given lower returns compared to its competitors. Borosil Renewables has grown at ~0.43% over the last 3yrs while peers have grown at a median rate of 105.96%
Is the promoter bullish about Borosil Renewables?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Borosil Renewables is 58.77% and last quarter promoter holding is 58.77%.
Are mutual funds buying/selling Borosil Renewables?
The mutual fund holding of Borosil Renewables is decreasing. The current mutual fund holding in Borosil Renewables is 0.12% while previous quarter holding is 0.3%.