Niveshaay – Borosil Renewables Ltd Research Report

December 14, 2020 | Stock Talk, Quick Reads

The best way to play the solar boom in India - We currently are at an extremely exciting juncture where it is now amply clear that solar PV Technology is the most scalable globally and it’s becoming less prone to disruption as the technology is maturing and a lot of global giants are emerging catering to various components of the PV module manufacturing.

The company that we have chosen has an even more interesting position in the market, as it’s the only player in India which has struggled to compete with large Chinese manufactures over the past decade and hence not been able to grow much profitable but now after many years of struggle the company has been able to come at the lower side of the cost curve to compete with the global giants.

Borosil Renewables is part of Borosil group and only domestic manufacture of PV glass in India.

Please find the attached detailed research note on Borosil Renewables Ltd.

Disclaimers and Disclosures

SEBI Registration No. :INH000017338, IN/AIF3/24-25/1571, IN/AIF2/24-25/1607 | BASL Membership ID: 6276

Investment in Securities Market are subject to market risks. Read all related documents carefully before investing. The securities quoted are for illustration only and are not recommendatory. Registration granted by SEBI, membership of a SEBI recognized supervisory body (if any) and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.