Borosil Renewables Ltd is India’s leading manufacturer of solar glass and a key beneficiary of the country’s renewable energy expansion. The company plays a vital role in the solar value chain by supplying high-performance glass used in photovoltaic (PV) panels.
With India focusing heavily on renewable energy capacity addition and domestic manufacturing under government initiatives, Borosil Renewables has gained strong investor attention. In this article, we analyze Borosil Renewables Ltd Share Price Target from 2026 to 2030 based on current market data, business fundamentals, and sector outlook.
| Detail | Value |
|---|---|
| Open | ₹490.00 |
| Previous Close | ₹490.15 |
| Day’s High | ₹493.80 |
| Day’s Low | ₹487.00 |
| VWAP | ₹491.09 |
| 52-Week High | ₹721.00 |
| 52-Week Low | ₹441.45 |
| All-Time High | ₹833.35 |
| All-Time Low | ₹27.50 |
| Market Capitalization | ₹6,878 Cr |
| Volume | 65,895 |
| Value (Lacs) | 323.31 |
| 20D Avg Volume | 4,65,560 |
| 20D Avg Delivery (%) | 42.42% |
| Face Value | ₹1 |
| Book Value Per Share | ₹63.77 |
| Beta | 1.08 |
| UC Limit | ₹588.15 |
| LC Limit | ₹392.15 |
The stock is trading below its 52-week high, reflecting volatility in the renewable energy sector and global pricing pressures.
Borosil Renewables specializes in manufacturing low-iron textured solar glass used in photovoltaic modules. The company operates manufacturing facilities in India and Europe, catering to both domestic and international markets.
Solar glass manufacturing
Supplying PV module manufacturers
Export-driven revenue model
Capacity expansion aligned with renewable energy demand
As India aims to become self-reliant in solar module production, Borosil Renewables plays a strategic role in the domestic supply chain.
India’s leading solar glass manufacturer
Growing renewable energy demand
Government policy support for solar manufacturing
Capacity expansion initiatives
Moderate volatility (Beta 1.08)
Strong promoter holding (58.77%)
| Investor Type | Holding (%) |
|---|---|
| Promoters | 58.77% |
| Retail & Others | 34.65% |
| Foreign Institutions | 4.01% |
| Other Domestic Institutions | 2.27% |
| Mutual Funds | 0.30% |
High promoter holding indicates confidence, while retail participation remains significant.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2026 | 580 | 650 |
| 2027 | 700 | 800 |
| 2028 | 850 | 980 |
| 2029 | 1,050 | 1,200 |
| 2030 | 1,300 | 1,500 |
These projections factor in renewable energy expansion, capacity growth, margin stabilization, and long-term solar demand.
Stabilization in global solar glass pricing and improved capacity utilization may support growth.
Growth Drivers:
Rising solar installations in India
Government incentives for domestic manufacturing
Higher export demand
Improved operating margins
Investment View: Suitable for medium-term investors focusing on renewable energy.
Expansion in production capacity and better cost control may enhance profitability.
Growth Drivers:
Capacity expansion projects
Increasing module manufacturing in India
Stable raw material supply
Export market growth
Investment View: Attractive for growth-oriented renewable energy investors.
Scaling operations and rising global solar adoption strengthen valuation prospects.
Growth Drivers:
Strong solar capacity additions
Improved economies of scale
Enhanced pricing power
Diversified customer base
Investment View: Suitable for long-term thematic portfolios.
Operational leverage and global renewable push may support strong earnings momentum.
Growth Drivers:
International market expansion
Technology upgrades
Higher margin specialty glass
Strengthened balance sheet
Investment View: Favors investors seeking long-term renewable energy exposure.
Sustained renewable energy growth and industry leadership may drive long-term valuation expansion.
Growth Drivers:
Massive global solar capacity targets
Increased domestic module manufacturing
Improved return ratios
Strong free cash flow generation
Investment View: Ideal for long-term wealth creation within the clean energy theme.
Global oversupply of solar glass
Pricing pressure from international competitors
Policy changes affecting renewable subsidies
Raw material cost volatility
Sector-related cyclical fluctuations
Investors should monitor quarterly earnings, solar capacity addition trends, and global demand indicators.
Borosil Renewables Ltd stands as a critical player in India’s renewable energy ecosystem. With strong promoter backing, expanding capacity, and increasing solar adoption, the company has significant long-term growth potential.
Based on projections, the stock may reach between ₹1,300 and ₹1,500 by 2030, subject to industry trends and execution performance. Investors seeking exposure to India’s renewable energy expansion may evaluate Borosil Renewables after proper risk assessment.
1. What is the current share price of Borosil Renewables Ltd?
It is around ₹490–₹495 based on the latest data provided.
2. What is the 2026 share price target?
The projected range is ₹580 to ₹650.
3. Is Borosil Renewables suitable for long-term investment?
It may suit investors focusing on renewable energy growth themes, subject to risk tolerance.
4. What is the 2030 share price target?
The projected range is ₹1,300 to ₹1,500.
5. What factors influence the share price?
Solar installation growth, pricing trends, government policies, export demand, and raw material costs.
Disclaimer: This article is for educational purposes only. Please consult a financial advisor before making any investment decisions.
