Borosil Renewables' entry into the solar rooftop sector a significant positive, shares may see an upswing, say experts
New Delhi, Sept. 16 -- Borosil Renewables shares, which have been under pressure of late, may see an upswing going forward due to the company's aggressive strategy to enter the rooftop solar business, marking its foray into a direct-to-consumer segment, according to experts.
In addition to manufacturing solar glass, Borosil Renewables is expanding into the business of branded distributed solar solutions. It expects this business to contribute Rs.100 crore in the first year of operations, serving as a pilot phase.
According to the company's annual report for FY26, the objective of entering the rooftop solar segment is to provide end-to-end rooftop solar solutions to customers seeking reliable and efficient solar energy systems.
The comp...
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