Borosil Renewables - Bright as sunlight

[Marathondreams]

Tar's Portfolio and Information Attic

I think solar glass prices charged by Vietnam would be function of global demand supply dynamics as with any other commodity. With Biden govt in power in US, I expect huge push for renewable power generation which in turn can absorb additional solar glass capacity. Also depreciating Rupee will act as a natural barrier against competition from Import. So I would be more worried of any local competition to seriously erode BR’s margin profile.