Bengaluru, May 14 -- India's sole large-scale solar glass manufacturer turned heads this week with a strikingly clean turnaround story, one where a single government policy move on import duties unlocked years of suppressed pricing power almost overnight, triggering a margin explosion, record annual numbers, and an ambitious capacity bet timed perfectly to India's accelerating solar boom.

With a market capitalization of Rs. 7,500 crore, the shares of Borosil Renewables Limited were trading at Rs. 534 per share on May 14, 2026, with a 52-week range of Rs. 721 to Rs. 374.40. It is trading at a P/E of approximately 23.

The Numbers That Tell the Story

India's only solar glass manufacturer, Borosil Renewables, delivered its strongest-ever a...