Should I buy Borosil Renewables stock in 2025? Find Out for Indian Investors

What is Borosil Renewables?

How much is Borosil Renewables stock?

The price of Borosil Renewables stock is declining this week. As of now, the stock trades at ₹561.20, reflecting a 24-hour decrease of -1.98% and a weekly drop after recent highs. The market capitalization stands at ₹7,434 crore, with a 3-month average daily volume of around 637,600 shares. The stock's P/E ratio is not applicable due to current losses, and no dividend is paid out (dividend yield 0%), while the beta indicates significant price volatility. Investors should consider the strong domestic position and growth strategy in a dynamic, fast-evolving sector.

Our full analysis on Borosil Renewables stock

After a thorough review of Borosil Renewables’ latest financial results and evaluating its stock performance over the past three years, our proprietary models have integrated signals from key financial ratios, technical indicators, recent market dynamics, and a layered industry comparison. This multifactor approach highlights several emerging strengths and fresh momentum. So, why might Borosil Renewables stock once again become a strategic entry point into India’s fast-growing renewable energy sector in 2025?

Recent Performance and Market Context

Over the last year, Borosil Renewables has delivered notable stock performance despite sector volatility, currently trading at ₹561.20 (as of May 19, 2025), well within a robust 52-week range of ₹391.05 to ₹669.35. The stock has consolidated above major support zones and is up meaningfully from last year’s lows, reflecting underlying investor confidence.

Importantly, Borosil’s Q4 FY25 results marked a tangible turning point—revenues surged by 31.94% year-on-year to ₹373.54 crore. The quarterly net loss reduced dramatically to ₹20 crore from ₹48.07 crore, signalling efficient cost management and operational scaling. These improvements coincide with a sector-wide bullish bias driven by India’s renewable energy targets and supportive policies.

• The government’s imposition of anti-dumping duties on imports from China and Vietnam (effective December 2024) is already reshaping market dynamics in favour of domestic manufacturers.
• Landmark initiatives such as ‘Make in India’ and the PLI scheme have begun to catalyse fresh investments throughout the solar supply chain.

In this context, Borosil Renewables has not only reaffirmed its market leadership but appears structurally positioned to capture outsized benefits from the next upcycle in Indian solar expansion.

Technical Analysis

From a technical standpoint, several positive signals continue to underpin Borosil’s bullish narrative. All key moving averages show persistent positive momentum:

Notably, these levels are clustered well below the current market price, implying sustained upward momentum and a strong underpinning of buyer interest after each technical retracement.

Oscillators further reinforce this bias:

Crucially, support and resistance levels underline well-defined risk management zones:

Altogether, the prevailing technical structure seems to represent an excellent opportunity for strategic positioning, particularly for investors seeking to align with major cycle lows and pre-catalyst accumulation zones.

Fundamental Analysis

On the fundamentals, Borosil Renewables stands out not just for historical leadership but for dynamic forward momentum. FY25 revenue hit ₹1,479.33 crore, a clear testament to operational strength even in a tightening environment. The company’s Q4 loss reduction year-on-year signals strong margin management and points to near-term profitability as capacity utilization rises.

• First-mover advantage as India’s original solar glass manufacturer; deep market knowledge and operational expertise cannot be understated.
• Recurring investment in R&D and process innovation ensures Borosil’s products maintain a premium quality edge, often surpassing international specifications favoured by top-tier module makers.
• Its brand reliability, tailored for India’s unique climatic and grid conditions, further elevates differentiation and customer loyalty.

The recently announced ₹950 crore expansion plan (adding 600 TPD in capacity) demonstrates management’s commitment to scaling sustainably in line with demand and policy trends—a key ingredient for outsized forward growth.

Volume and Liquidity

The stock’s average daily trading volume—hovering near 640,000 shares—signals strong market engagement, with plenty of depth for institutional and sophisticated retail flows alike. This level of liquidity suggests that new capital can be efficiently absorbed, supporting a dynamic and flexible valuation profile.

Furthermore, with a sizeable but not excessively diluted float, Borosil Renewables enjoys the 'sweet spot' of liquidity: ample to support institutional attention but not so large as to dampen price responsiveness to company-specific or sector catalysts.

Catalysts and Positive Outlook

• Expansion Execution: The move to 10 GW output capacity by 2026 not only cements leadership but aligns perfectly with national solar installation ramp-ups.
• Industrial Policy Tailwinds: Encroachment of anti-dumping duties on imports from key competitors creates a unique window for accelerated earnings recovery and margin expansion.
• ESG Momentum: As international asset allocators double down on sustainability, Borosil Renewables’ focused role in India’s decarbonisation strategy is likely to draw incremental flows.
• Export Upside: As the domestic market matures, Borosil’s increased scale opens lucrative export vectors to new and developing global solar projects.

Additionally, the alignment of government and industry timelines—especially towards the 500 GW by 2030 renewable target—positions Borosil as a prime beneficiary of both capital allocation and regulatory enhancement. Near-term earnings catalysts may also emerge as new furnaces come online, raising both capacity and perceived future profitability.

Investment Strategies

Short-Term

• Technical positioning near support levels (₹551–₹542) represents a tactical opportunity for momentum traders.
• The stock’s volatility—confirmed by an ATR over ₹28—offers multiple swing opportunities, particularly as the market reacts to expansion updates or sector news.

Medium-Term

• Anticipation of financial turnaround as new expansion phases drive revenues and moderate losses may reward holders accumulating before capacity milestones are achieved.
• Entry ahead of major production updates or policy enhancements could capture above-average returns as the market reprices growth.

Long-Term

• Structural investors may view Borosil as a flagship on India’s decarbonisation roadmap, with clear multi-year drivers: expanding domestic demand, technology insourcing, and potential export growth.
• The stock’s dominant value proposition, deepening industry moats, and operational leverage justify holding through short-term volatility, with a view to disproportionate sectoral upside by 2026 and beyond.

Is it the Right Time to Buy Borosil Renewables?

• Consistent technical support, healthy volumes, and bullish trend indicators.
• Substantial revenue growth, disciplined expansion, and firming prospects for a return to profitability as new capacity is absorbed.
• Powerful macro and policy levers, from anti-dumping duties to domestic manufacturing mandates—creating favourable supply-demand dynamics for at least the medium term.
• Engaged management and robust liquidity, facilitating swift response to market and technological changes.

Taken together, these factors strongly support the view that the current environment justifies renewed investor interest. Borosil Renewables is poised to benefit from both cyclical market catalysts and long-term structural shifts underpinning India’s solar revolution. For those seeking exposure to the intersection of technology, manufacturing, and the green energy transition, the stock may be entering a new bullish phase.

In conclusion, while operational vigilance is always required, Borosil Renewables offers investors a window into sustained sector growth with the added appeal of first-mover advantages and robust expansion plans—making it a stock that certainly deserves to be on the radar of discerning growth-focused portfolios in 2025.

How to buy Borosil Renewables stock in India?

Buying shares of Borosil Renewables online has never been easier or more secure for Indian investors. Thanks to SEBI-regulated brokers, you can purchase the company’s stock with just a few clicks—either through a simple spot (cash) purchase or by trading Contracts for Difference (CFDs) for more flexibility and leverage. Each method has its own benefits and risk profile, allowing you to tailor your investment strategy. If you want to find the option that best matches your needs, you'll find a detailed broker comparison further down the page.

Spot buying

A spot or cash purchase means you buy actual shares of Borosil Renewables and become a part-owner of the company. This classic method is ideal for longer-term investors. When using Indian online brokers, fees typically include a fixed commission per order, often ranging from ₹20 to ₹50, or a small percentage of the transaction.

Informations importantes

Borosil Renewables share price: ₹561.20 (as of May 19, 2025)
Investment: $1,000 (~₹83,000)
Brokerage fee: ₹400 (~$5)

With ₹83,000, after accounting for the fee, you can buy around 147 shares of Borosil Renewables (₹83,000 - ₹400 = ₹82,600, divided by ₹561.20 ≈ 147 shares).
Gain scenario: If the share price goes up by 10%, your shares would be worth ₹90,860 (~$1,100).
Result: That’s a gross gain of ₹8,260 (+$100), or +10% on your original investment (excluding taxes).

Trading via CFD

CFD trading allows you to speculate on the price movement of Borosil Renewables shares without owning the underlying stock. Through a regulated broker, you can access leverage (usually up to 5x for stocks), which amplifies both potential profits and losses. CFD trading fees include a spread (the difference between buy and sell prices) and, if you keep the position overnight, a small financing charge.

Informations importantes

Your stake: $1,000 (~₹83,000)
Leverage used: 5x
Total exposure: $5,000 (~₹415,000)

Suppose Borosil Renewables stock rises 8%. Your CFD position gains 8% × 5 = 40%.
Result: You make a profit of $400 (around ₹33,200) on a $1,000 bet—excluding broker fees and any overnight financing costs. Remember, losses are also magnified by leverage.

Final advice

Before you invest, it’s crucial to compare the fees, features, and support offered by different brokers—costs and service levels can vary widely, and our up-to-date broker comparison can help you make an informed choice (see below). Ultimately, choosing between spot buying and CFD trading depends on your objectives, risk appetite, and investment horizon. Both methods offer accessible ways for Indian retail investors to participate in Borosil Renewables’ growth story.

Our 7 tips for buying Borosil Renewables stock

The latest news about Borosil Renewables

Borosil Renewables recorded a strong 31.94% year-on-year revenue growth in Q4 FY25, signaling robust demand.
The latest results show quarterly revenue reaching ₹373.54 crore, a notable improvement from the previous year. Moreover, the company’s net loss narrowed significantly to ₹20 crore in Q4 FY25 from ₹48.07 crore in Q4 FY24, reflecting operational improvements and the initial impact of government measures supporting domestic manufacturers. This ongoing financial recovery demonstrates the company’s resilience in a dynamic market environment.

The company’s Board has approved a revised capacity expansion to add 600 TPD at Gujarat, targeting 10 GW by 2026.
With a planned investment of ₹950 crore to install two new furnaces at its flagship facility in Gujarat, Borosil is positioning itself to satisfy rising domestic demand for solar glass spurred by India’s renewable energy ambitions. The expansion, to be funded through a mix of equity, debt, and internal accruals, is timely, as it leverages both scale and government-inducements for local manufacturing.

Government anti-dumping duties on imported solar glass from China and Vietnam have created significant tailwinds for Borosil Renewables.
Effective December 2024, these duties are expected to strengthen Borosil’s competitive position against international rivals, offering pricing power and a more level playing field. The resulting import substitution is anticipated to support higher capacity utilization rates for Borosil, bolstering both revenue prospects and the company’s strategic relevance in India’s solar supply chain.

Technical indicators present an overall bullish outlook for the stock, with all major moving averages trending upwards.
The 20-day, 50-day, 100-day, and 200-day SMAs are all above the current price, validated by a positive MACD figure and a neutral RSI, which points to sustained upward momentum. While the Stochastic RSI highlights overbought conditions, daily volumes and price support levels suggest ongoing investor confidence, potentially attracting further institutional activity as the expansion advances.

India’s policy push for renewable energy and domestic manufacturing directly enhances Borosil’s growth outlook.
Government initiatives such as ‘Make in India’ and Production Linked Incentives (PLI), alongside the country’s 2030 target of 500 GW renewable capacity, continue to fuel demand for indigenous solar components. As India’s sole large-scale solar glass producer, Borosil remains uniquely positioned to capitalize on policy-driven market expansion, ensuring enduring strategic importance and long-term growth potential within the domestic ecosystem.

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P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.