Borosil Renewables Ltd BORO.NS : BOROSIL RENEWABLES – APPROVED EXPANSION PLAN OF COMPANY TO RAISE ITS PRODUCTION CAPACITY OF SOLAR GLASS BY AN ADDITIONAL 1000 TONNES PER DAY BOROSIL RENEWABLES – ESTIMATED CAPITAL OUTLAY FOR EXPANSION WILL BE 10 BILLION RUPEES BOROSIL RENEWABLES LTD SHARES UP NEARLY 2% IN AFTERNOON TRADE Source: Reuters
BRIEF-Borosil Renewables – To Consider Expansion Plan To Raise Solar Glass Production Capacity
BOROSIL RENEWABLES LTD – TO CONSIDER EXPANSION PLAN TO RAISE SOLAR GLASS PRODUCTION CAPACITY BY ADDITIONAL 1000 TON PER DAY. BRIEF-Borosil Renewables – To Consider Expansion Plan To Raise Solar Glass Production Capacity. Source: in.investing
Borosil Renewables To Double Solar Glass Capacity Investing Rs 500 Cr
Borosil Renewables is in a unique position not only for being the sole domestic manufacturer of solar panel glasses but also its business is protected from an anti-dumping duty on its only competition–imports and thus not having any price setting power. Borosil Renewables, the sole domestic manufacturer of solar panel glass, is doubling its capacity […]
Borosil Renewables hits record high; spurts 88% in eight days
Borosil Renewables jumped 9.66% to Rs 307, extending its winning run to eighth trading session. The stock has advanced almost 88% in eight trading sessions from its previous closing low of Rs 163.35 on 17 December 2020. Shares of the solar glass manufacturer was currently frozen at the record high level of Rs 307.90. The […]
Borosil Renewables hits new high; stock zooms 113% in 11 days
The company’s shares were locked in 10 per cent upper circuit limit on the BSE Shares of Borosil Renewables continued their upward movement in Tuesday’s session and were locked in 10 per cent upper limit at Rs 279.95 on the BSE. The stock of the solar glass manufacturer was trading at its fresh lifetime high […]
Why Borosil Renewables Has No Local Competition
Why Borosil Renewables Has No Local Competition Fans of Peter Thiel’s Zero To One book and its focus on building monopoly businesses will be drawn to the Borosil Renewables story. The 10-year-old company has in that decade remained India’s only.. Read More…
Borosil Renewables Says Capacity Running ‘Flat Out’, Margins Will Improve
Borosil Renewables Ltd. is the only solar glassmaker in India. Add to that some successful fundraising in order to double capacity for the second time in five years, and protection from an anti-dumping duty on its only competition — imports — and that may explain why the share price has risen 320% this year. […]
PE firm Convergent Finance invests $27 mn in Borosil Renewables
The investment is structured as a qualified institutional placement of equity shares announced on 14 December, based on the applicable Sebi prescribed pricing formula Mumbai : Borosil Renewables Ltd, the only Indian manufacturer of solar glass used in photovoltaic panels, has raised Rs200 crore from Convergent Finance LLP and other investors. The investment is structured […]
Borosil Renewables spurts on launching QIP issue
Borosil Renewables jumped 6.11% to Rs 167.55 after the company launched a qualified institutional placement (QIP) on Monday (14 December 2020) to raise funds from institutional investors. The securities issue committee of the board, at its meeting held on 14 December 2020, authorised the opening of the QIP issue and approved the floor price […]