Borosil Renewables Ltd (BORORENEW)
₹521.65
Borosil Renewables Ltd share Performance
- ₹520₹528.6₹521.65
0.32%
Low
Day's Volatility:1.65%
High
1.33%
- ₹391.05₹669.35₹521.65
25.04%
Low
52 Weeks Volatility:53.35%
High
28.31%
| Returns % | |
| 1 Month Return | 1.29 % |
| 3 Month Return | -16.7 % |
| 1 Year Return | 2.81 % |
| Market Stats | |
| Previous Close | ₹522.85 |
| Open | ₹523.45 |
| Volume | 3.61L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹6,825.17Cr |
Company Information
Borosil Renewables Ltd has a strong presence in the solar energy sector, with solar photovoltaic (PV) systems, solar water heating systems and solar street lighting solutions. The company also offers wind energy solutions, including wind turbines, and biomass solutions, such as biogas and biofuel. In addition, Borosil Renewables Ltd offers energy storage solutions, such as solar batteries, and energy efficiency solutions, such as LED lighting.
The company has a portfolio of popular brands, including Borosil Solar, Borosil Wind, Borosil Biomass and Borosil Energy Storage. Its top products include solar PV systems, solar water heating systems, wind turbines, solar batteries and LED lighting solutions.
Share Price: ₹521.65 per share as on 26 Apr, 2024 04:01 PM
Market Capitalisation: ₹6,825.17Cr as of today
Revenue: ₹330.01Cr as on December 2023 (Q4 23)
Net Profit: ₹-15.89Cr as on December 2023 (Q4 23)
Listing date: 04 Jul, 1997
Chairperson Name: P K Kheruka
| Organisation | Borosil Renewables Ltd |
| Headquarters | |
| Industry | Glass & Glass Products |
| E-voting on shares | Click here to vote |
Key events for Borosil Renewables Ltd
Borosil Renewables Faces Chinese Dumping, Prepares for Increased Demand - 04 Apr, 2024
Borosil Renewables is experiencing an increase in demand for solar panels while facing substantial dumping from China. The company is prepared to meet the escalating demand of solar panels as it focuses on improving domestic volume.
Borosil Renewables Ltd Consolidates After Notable Downturn - 25 Mar, 2024
After experiencing a significant decline of around 28%, Borosil Renewables Ltd has shown resilience over the subsequent 26 trading sessions, consolidating within a range spanning from Rs 480 to Rs 515.
Borosil Renewables Affected by Dumping of Solar Glass - 19 Mar, 2024
Borosil Renewables is facing difficulties in having domestic pricing power due to China, Vietnam, and Malaysia selling solar glass at unrealistically low prices in the Indian market. This has affected its realisations and driven down overall solar glass prices.
Borosil Renewables Expected to Benefit from Bumper Orders for Solar Rooftops - 18 Mar, 2024
Borosil Renewables is expected to benefit from the surge in orders for solar rooftops, with over a crore entities showing interest in just 20 days. The company is among those receiving bumper orders and has potential for growth in this space.
Borosil Renewables Q3 Revenue Decreases, Net Profit Turns to Loss - 14 Mar, 2024
Borosil Renewables, the sole manufacturer of solar glass in India with a 40% market share, reported a decrease in revenue from Rs. 402 crores to Rs. 330 crores and a net profit to loss transition from Rs. 30 crores to Rs. 16 crores during Q3.
Prabhudas Lilladher Gives Buy Call on Borosil Renewables - 12 Mar, 2024
Prabhudas Lilladher has given a buy call on Borosil Renewables with a target price of Rs 567. The company reported a consolidated total income of Rs 333.85 crore for the quarter ended December 31, 2023, up 30.67% YoY. Promoters hold 61.6% stake in the company.
Fundamentals of Borosil Renewables Ltd
Insights on Borosil Renewables Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTRetail Holding Up
Retail Investor have increased holdings from 33.18% to 33.78% in Mar 2024 quarter
NO EFFECTAgainst Peers
In the last 3 years, Solar Industries India Ltd has given 614.9% return, outperforming this stock by 491.1%
- NO EFFECT
Against Peers
In the last 1 year, Solar Industries India Ltd has given 133.8% return, outperforming this stock by 131.0%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 61.60% of holdings in Mar 2024 quarter
NEGATIVE IMPACTPrice Dip
In the last 3 months, BORORENEW stock has moved down by -16.7%
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 0.73% to 0.22% in Mar 2024 quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, 25.05 Cr → -15.56 Cr (in ₹), with an average decrease of 162.1% per quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 439.11 Cr → 333.89 Cr (in ₹), with an average decrease of 24.0% per quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 4.48% to 4.36% in Mar 2024 quarter
Borosil Renewables Ltd Valuation
Borosil Renewables Ltd in the last 5 years
Lowest (18.90x)
August 22, 2019
Industry (68.80x)
April 25, 2024
Today (607.97x)
April 25, 2024
Highest (733.26x)
January 31, 2024
Mutual Fund Holdings
Shareholding Pattern
| Investors | Holdings % | Prev. 1 periods | 3M change |
|---|---|---|---|
| Promoter Holdings | 61.6% | 0.00 | |
| Foreign Institutions | 4.36% | 0.00 | |
| Mutual Funds | 0.22% | 0.00 | |
| Retail Investors | 33.78% | 0.00 | |
| Others | 0.04% | 0.00 |
Technicals of Borosil Renewables Ltd share
News & Events of Borosil Renewables Ltd
Frequently Asked Questions
- Get a PAN card.
- Open a Demat account.
- Open a Trading account.
- Link your Demat account to your Trading account.
- Fund your Trading account.
- Place an order to buy Borosil Renewables Ltd shares.
Borosil Renewables Ltd (BORORENEW) share price today is ₹521.65
Borosil Renewables Ltd is listed on NSE
Borosil Renewables Ltd is listed on BSE
- Today’s highest price of Borosil Renewables Ltd is ₹528.6.
- Today’s lowest price of Borosil Renewables Ltd is ₹520.
PE Ratio of Borosil Renewables Ltd is 607.97
PE ratio = Borosil Renewables Ltd Market price per share / Borosil Renewables Ltd Earnings per share
Today’s traded volume of Borosil Renewables Ltd(BORORENEW) is 3.61L.
Today’s market capitalisation of Borosil Renewables Ltd(BORORENEW) is ₹6825.17Cr.
| Borosil Renewables Ltd(BORORENEW | Price |
|---|---|
52 Week High | ₹669.35 |
52 Week Low | ₹391.05 |
Borosil Renewables Ltd(BORORENEW) share price is ₹521.65. It is down -22.07% from its 52 Week High price of ₹669.35
Borosil Renewables Ltd(BORORENEW) share price is ₹521.65. It is up 33.40% from its 52 Week Low price of ₹391.05
| Borosil Renewables Ltd(BORORENEW | Returns |
|---|---|
1 Day Returns | -1.2% |
1 Month Returns | 1.29% |
3 Month Returns | -16.7% |
1 Year Returns | 2.81% |