Borosil Renewables Share Price 📈💰
1. On Wednesday, during the trading session, Borosil Renewables, the solar glass manufacturing company, saw a surge of more than 11% in its share price, trading at ₹632.
2. The company’s shares are currently trading at their 52-week high level, despite the bearish sentiment in the market. On Tuesday, the shares were up by 19%.
3. Over the past few years, Borosil Renewables has provided excellent returns to its investors, making it an attractive investment option.
4. On Thursday, January 25, 2024, Borosil Renewables’ stock traded at ₹621.55, recording a growth of 2.10%.
5. The company’s shares have surpassed the ₹600 mark, which was considered a significant milestone for Borosil Renewables, considering it was trading at just 17 paise a few years ago.
6. Recently, Prime Minister Narendra Modi announced a major initiative by the Indian government to install rooftop solar panels on one crore (10 million) households, under the Prime Minister’s Sunrise Scheme. This announcement further boosted the shares of solar companies, including Borosil Renewables.
7. Apart from Borosil Renewables, other solar energy companies like Websol Energy Systems, Sterling and Wilson Renewables, Varun Renewables Technologies, and Tata Power also witnessed a surge in their share prices.
8. On January 22, 2004, Borosil Renewables’ shares were trading at just 17 paise. However, on January 24, 2024, the shares closed at ₹632, providing investors with a return of over 360,000% during this period.
9. Over the past 10 years, Borosil Renewables’ shares have delivered a return of 6,300% to its investors, outperforming many other investment options.
10. The company’s shares were trading at ₹9.59 on January 31, 2014, but they have recently fallen to ₹632.
With Borosil Renewables’ impressive performance and the government’s push for solar energy, the company’s shares continue to attract investors, promising a bright future in the renewable energy sector. 💡🌞💰
Disclaimer: This is News Coverage with Opinions of Experts and Should Not Be Taken as Direct Market Buying Tip. Market is always subject to risk. We recommend taking our content as research before investing.
