Multibagger stock Borosil Renewables solar play has soared over 1200pc in 18 months check details varpat

New Delhi. The stock market has reached a record level. During this period, many stocks have given huge returns to their shareholders. Today we are telling you about such a multibagger stock which has given great returns to its shareholders. These shares are of Borosil Renewables.

The shares of Borosil Renewables have given a return of 45% in the last 1 month. Let us tell you that these days where there is a power crisis around the world, Borosil Renewables, the only company to make solar glass in India, has made its investors rich.

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Great returns given to investors
Shares of Borosil Renewables have risen over 1,400 per cent to Rs 509.70 from Rs 33.6 in April 2020. However, in the last two trading sessions, Borosil Renewables stock has also seen a lower circuit. Now its prices have decreased by 10% from its peak.

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Know the record of the last 1 year
Borosil shares have given 333% return in the last 1 year. Rahul Sharma, co-founder of Equity99, said that Borosil has raised ₹200 crore from institutional investors to expand its business. The company wants to increase its solar glass production capacity from 450 tonnes per day to 955 tonnes per day. According to market experts, the shares of Borosil are expected to rise. Experts say that if there is weakness in the shares of Borosil, then it can be invested in its stock.