Borosil Renewables Share Price Target 2024-2030: Borosil Renewables Ltd is India’s first and only solar glass manufacturer, playing a key role in the renewable energy sector. The company manufactures specialized glass used in solar panels to capture sunlight and convert it into energy. Established as part of the Borosil Group, the company has become a prominent player in the growing solar energy market. As of October 2024, the share price of Borosil Renewables on the NSE is ₹413.15 INR. Below is a breakdown of the share price target for 2024 through 2030, along with an analysis of the key factors driving its growth and potential risks.
Current Borosil Renewables Share Price Overview
Parameter | Value |
Current Price (₹) | ₹413.15 |
Open Price (₹) | ₹420.00 |
High Price (₹) | ₹424.70 |
Low Price (₹) | ₹402.80 |
Previous Close (₹) | ₹420.75 |
Market Capitalization (₹ Cr) | ₹5,370 |
52-Week High (₹) | |
52-Week Low (₹) | ₹391.05 |
The current share price stands at ₹413.15 with a market cap of ₹5,370 crores. The company’s performance is showing resilience with a steady price movement within the 52-week range of ₹391.05 to ₹669.35.
Borosil Renewables Share Price Target
Borosil Renewables Share Price Target 2024 ₹675, 2025 ₹880, 2026 ₹995, 2027 ₹1,160, 2028 ₹1,270, 2029 ₹1,388 To 2030 ₹1,510
Borosil Renewables Share Price Target 2024 To 2030 Forecast
Year | Share Price Target (₹) |
2024 | ₹675 |
2025 | ₹880 |
2026 | ₹995 |
2027 | ₹1,160 |
2028 | ₹1,270 |
2029 | |
2030 | ₹1,510 |
Category | |
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Borosil Renewables Share Price Target 2024
Factor | Impact on Share Price |
Rising Demand for Solar Energy | Increased adoption of solar panels in India and globally will drive demand for solar glass. |
Capacity Expansion | Expansion in production capacity will allow Boros il Renewables to cater to growing demand, boosting revenues. |
Supportive Government Policies | Government incentives for clean energy could favor Borosil, supporting its market share and share price. |
In 2024, the expected share price target of ₹675 is largely due to the rising demand for solar energy, expansion of production, and favorable government policies for renewable energy.
Borosil Renewables Share Price Target 2025
Risk Factor | Impact on Share Price |
Intense Market Competition | If competitors increase production or reduce prices, Borosil may lose market share. |
Raw Material Price Volatility | Rising raw material costs could impact profit margins and hinder growth. |
Dependence on Government Policies | Any reduction in government subs idies or changes in tariffs could negatively affect growth. |
By 2025, the share price target is ₹880. However, risks such as competition, raw material price volatility, and changes in government policies could impact future growth.
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Borosil Renewables Share Price Target 2030
Risk Factor | Impact on Share Price |
Technological Advancements | Failure to innovate could make Borosil’s products less competitiv e. |
Regulatory Changes | Changes in solar energy regulations or subsidies may affect revenue growth. |
Economic Downturns | A slowdown in economic activity could reduce investments in solar infrastructure. |
For 2030, the projected target price is ₹1,510, although risks like technological advancements, regulatory changes, and economic downturns must be considered.
Borosil Renewables Shareholding Pattern
Category | Percentage |
Promoters | 61.6% |
Foreign Institutional Investors (FII) | 4.19% |
Domestic Institutional Investors (DII) | 0.23% |
Public | |
The shareholding pattern shows a significant portion of shares are owned by promoters (61.6%), with public investors holding 33.99%. Foreign institutional investors (FII) and domestic institutional investors (DII) have a smaller stake in the company.
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Borosil Renewables Ltd Financial Overview (2024)
Metric | 2024 Value | Year-on-Year Change |
Revenue (₹ Cr) | 1,374 | +52.99% |
Operating Expenses | 1,055 | +71.09% |
Net Income (₹ Cr) | -468.95 | -167.35% |
EBITDA (₹ Cr) | 55.15 | -66.37% |
Net Profit Margin | | -144.00% |
In 2024, Borosil Renewables has shown a 52.99% increase in revenue, though the company is facing challenges, with a negative net profit margin of -3.41% and decreased EBITDA.
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Borosil Renewables Net Worth Over the Years
Year | Net Worth (₹ Cr) |
2020 | ₹1,000 |
2021 | ₹1,200 |
2022 | ₹1,500 |
2023 | ₹1,800 |
2024 | |
The net worth of Borosil Renewables has grown significantly over the years, from ₹1,000 crores in 2020 to an estimated ₹2,100 crores in 2024, reflecting solid growth in the renewable energy sector.
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Borosil Renewables Executive Salary
Executive | Role | Annual Salary (₹ Cr) |
Mr. Arvind G. Bhaskar | CEO | ₹2.50 |
Mr. Ramesh K. Soni | CFO | |
The executive salaries at Borosil Renewables indicate the company’s commitment to attracting and retaining top talent in the renewable energy industry.
Borosil Renewables Share Price Target 2024, 2025, 2026, 2027, 2028, 2029 To 2030
Borosil Renewables Share Price Target 2024 ₹675, 2025 ₹880, 2026 ₹995, 2027 ₹1,160, 2028 ₹1,270, 2029 ₹1,388 To 2030 ₹1,510.
