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Borosil Renewables LimitedBorosil Renewables LimitedBorosil Renewables Limited

Borosil Renewables Limited

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BORORENEW LONGIndia's Renewable Sector Outlook is bright. The only Solar Glass manufacturer in India, backed by good management. Company has doubled its capacity twice in last 4 years and still cannot meet the demand. One of the few profitable non China solar glass manufacturers in the world. Stock can break the ATH of 400 and move higher. Good support at 280-300. View negated if any govt policy or import taxes change for solar modules that can lead to chinese competation taking away the market share.
NSE:BORORENEWLong
by AnilKumarV
BUY on dip or on break out monopoly business and renewable energy related company Borosil Renewables Limited is the first and only solar glass manufacturer in India. ... In order to cater to the growing demand, Borosil Renewables has recently expanded and more than doubled its existing production capacity of high performance solar glass to 2.4 GW per annum. Note: This is for educational purpose only. Please do not trade in F&O. It is just a view, pls trade at your own risk
NSE:BORORENEWLong
by harshit_maheshwari
2
DARK HORSE , A POTENTIAL MULTIBAGGER The Borosil Group comprises two independent companies - Borosil Glass Works Ltd and Gujarat Borosil Ltd. Borosil Glass Works is the market leader for laboratory glassware and microwavable kitchenware in India. Their manufacturing facility, spread over 110 acres utilizes top of the line equipment from Germany and other Western European countries, and is located at a fully integrated campus in Bharuch, Gujarat. Business areas of the company: Borosil is the single largest manufacturer of the complete range of volumetric glassware in the country. Their volumetric products find usage in all laboratories from high-end pharmaceutical production to high schools and colleges. Products: • Scientific & Industrial products BOROSIL’s range of Laboratory Ware includes almost all items required in general lab usage. Our expertise in melting and forming low expansion, chemically inert borosilicate glass for over 40 years has made our products preferred globally. • Consumer products Borosil has been one of India’s most well-known and trusted brands for the last 58 years. Borosil International’s range of elegant and stylish heat resistant glassware is known and loved by generations of housewives. • Solar Water Heater products Solar Water Heaters are the most hassle-free and cost efficient way to harness solar energy for domestic and commercial applications. They can be used in any climate and the only fuel they need is sunlight. • Low Iron Solar Glass products Textured low iron glass is a soda lime glass in which the content of iron oxide is significantly lower than in normal flat glass. It has a distinctive, nearly colourless appearance particularly when seen from the edge. • Lighting products Borosil lighting range of products is used for a wide range of applications- general purpose lantern chimneys for petromax lanterns, well glasses, safety lamp chimneys, explosion and dust proof tubes for hazardous area lighting applications, high pressure mercury and sodium vapour lamps for street lighting, defusers and diopters, both symmetric and asymmetric, for airfield lighting Future outlook: • The solar module manufacturing in the country is gaining further momentum and likely to accelerate faster in view of manufacturing linked tenders and grid-connected tenders with domestic content requirement (DCR). Thus, demand for solar glass is expected to rise substantially. • A very good potential to increase exports to Europe, Americas, Russia, Turkey and MENA due to renewed focus on domestic modules manufacturing in Solar PV (ADD applicable on Chinese glass in EU and Turkey). • Recent announcements by various module manufacturers/Solar Plant Developers to add 13 GW of module manufacturing capacity. • Present domestic demand is greater than BORL’s post-expansion capacity, thereby robust growth inthe sector and current high share of imports would easily absorb the additional production volumes. • Government of India has a target to install 175 GW of Renewable Energy by 2022, of which Solar is100 GW. Installed Solar capacity is targeted to grow to 300 GW by 2030.
NSE:BORORENEWLong
by Tradernawab