BOROSIL RENEWABLES SHARE PRICE TARGET 2024-2030. CAN IT REACH 5000INR BY 2025?

Businesses like Borosil Renewables are primed for significant development as the globe shifts to greener and more sustainable energy sources. Borosil Renewables is a market leader in the solar energy industry with a dedication to innovation and cutting-edge technology. But what does the future have in store for this intriguing business?

This article will go in-depth on the share price target for Borosil Renewables from 2024 to 2030. To decide if Borosil Renewables is a suitable company to buy, we’ll look at some important financial information, growth potential, and market trends. Let’s investigate this company’s potential and see whether it should be included in your investment portfolio.

How to purchase Borosil Renewables shares?

Below are the trading platforms that you can use to purchase Borosil Renewables shares:

➤ Zerodha

➤ Upstox

➤ Groww

➤ AngelOne

➤ ICICIDirect

Borosil Renewables Share Price Prediction: 2024 to 2030

Borosil Renewables Share Price Target 2024

When	Maximum Price	Minimum Price
April 2024	591.84	514.64
May 2024	583.09	507.04
June 2024	604.08	525.29
July 2024	598.04	520.04
August 2024	621.97	540.84
September 2024	646.84	562.47
October 2024	634.16	551.44
November 2024	653.19	567.99
December 2024	669.52	582.19

Borosil Renewables’ share price targets for 2024 indicate a consistent upward trend, with a projected maximum of ₹669 and a minimum of ₹514. The company’s market capitalization stands at ₹7,159 Cr.

With a current share price of ₹548 as of April 2nd, 2024, and a high/low of ₹669/₹391, investors are eyeing substantial gains. The stock’s P/E and book value, at ₹71.6, reflect favorable fundamentals, promising further growth potential.

Borosil Renewables Share Price Target 2025

In 2025, Borosil Renewables’ share price is projected to continue its upward trajectory, with a maximum target of ₹816.23 and a minimum of ₹525.31. This suggests strong potential for growth and investor confidence in the company’s performance.

Borosil Renewables Share Price Target 2026

In 2026, Borosil Renewables anticipates sustained growth, with a maximum share price target of ₹1,004.86 and a minimum of ₹646.71. This consistent upward trend indicates strong market confidence and potential for significant returns.

Borosil Renewables Share Price Target 2027

Financial Condition of Borosil Renewables: Last 5 years

Over the past five years, Borosil Renewables has displayed a consistent upward trajectory in its financial performance. Sales have seen significant growth, escalating from ₹633 crores in March 2018 to ₹1,395 crores in the trailing twelve months. Despite the increase in expenses, the company has managed to maintain a healthy operating profit margin (OPM), reaching 16% in March 2023, indicating effective cost management strategies. Other income has been relatively stable, with a notable spike in the trailing twelve months, reflecting diversified revenue streams. The company’s profitability has also improved, with net profit rising from ₹49 crores in March 2018 to ₹71 crores in March 2023.

However, the recent decrease in earnings per share (EPS) from ₹5.90 in March 2019 to ₹0.86 in the trailing twelve months raises concerns. Additionally, the shift from dividend payouts of 11% in March 2019 to 0% in March 2023 suggests a change in the company’s dividend policy, potentially aimed at reinvesting profits for future growth initiatives. Overall, Borosil Renewables exhibits robust financial performance, albeit with some recent fluctuations warranting further scrutiny

FAQS

What are the factors that have led to the growth in Borosil Renewables Ltd’s share price?

Factors such as increased demand for renewable energy and the company’s expansion plans have contributed to the growth in Borosil Renewables Ltd’s share price.

What is the company’s financial performance in terms of revenue and profit growth?

Borosil Renewables Ltd has seen consistent revenue and profit growth over the past five years, with revenue increasing from ₹216.76 crore in 2019 to ₹644.22 crore in 2022.

What is the company’s net profit margin and how has it evolved over the years?

Borosil Renewables Ltd’s net profit margin has improved significantly over the past five years, from 21% in 2019 to 26% in 2022.

Can Borosil Renewables Ltd’s share price reach ₹5,000 by 2025?

It is difficult to predict with certainty whether Borosil Renewables Ltd’s share price can reach ₹5,000 by 2025, as it depends on various market factors and the company’s performance.

What is the average target price for Borosil Renewables Ltd’s share in the next few years?

As of now, the average target price for Borosil Renewables Ltd’s share in the next few years is not available.

What is the recommendation for investing in Borosil Renewables Ltd’s shares?

The recommendation for investing in Borosil Renewables Ltd’s shares depends on an individual’s investment goals, risk appetite, and market research.

What is the dividend payout history of Borosil Renewables Ltd?

Borosil Renewables Ltd has a low dividend payout history, with a dividend payout ratio of less than 13% in the past five years.

What are the risks associated with investing in Borosil Renewables Ltd’s shares?

Risks associated with investing in Borosil Renewables Ltd’s shares include market volatility, competition, regulatory changes, and global economic conditions.

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Conclusion

In conclusion, Borosil Renewables stands as a promising investment opportunity in the renewable energy sector, poised for significant growth amidst global transitions towards sustainable energy sources. The company’s consistent upward trajectory in sales, coupled with effective cost management strategies reflected in healthy operating profit margins, underscores its resilience and adaptability. Furthermore, Borosil Renewables’ commitment to innovation and cutting-edge technology positions it as a market leader in the solar energy industry. However, recent fluctuations in earnings per share and changes in dividend policy necessitate careful monitoring. Investors should consider Borosil Renewables’ strong financial fundamentals, growth potential, and market trends while evaluating its suitability for inclusion in their investment portfolios. Overall, with its dedication to sustainability and innovation, Borosil Renewables holds promise for long-term value creation and environmental impact.

Author: Neelam KushwahaNeelam Kushwaha is a Bachelor's student in Computer Science at Hansraj College with a keen interest in finance and the stock market. She is a senior editor at Financesrule, where she shares her insights and expertise in researching stock price predictions. Neelam's analytical skills and unique perspectives make her a valuable asset to the financial community. In her free time, she enjoys reading and traveling.

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