Archive · 19 Aug 2025
Borosil Shares Up, ICICI Securities Cuts Price Target
Borosil's stock price went up a bit.
The company made more money, especially in profits, by saving costs and using solar power.
ICICI Securities thinks the stock is worth less now, but still suggests buying it.
Borosil plans to build a new factory to sell stainless steel products, add more stores, and sell its products online.
They're also using more solar energy to be green and cut costs.
Borosil shares rose nearly 4% over two days.
ICICI Securities lowered Borosil's target price to Rs 365.
Q1FY26 results showed 7.3% revenue growth, with strong EBITDA and PAT increases.
Borosil plans a new stainless steel product facility and aims to expand retail presence.
The company is investing in renewable energy, targeting 100% usage.
- Who
- Borosil Ltd and ICICI Securities.
- What
- Borosil shares are up, but ICICI Securities lowered its target price.
- When
- Over the past two days, with Q1FY26 results announced.
- Where
- Bikaner, Rajasthan, for solar capacity expansion.
- Why
- Driven by strategic investments, cost-saving measures, and renewable energy initiatives.
Positive Outlook
Cautious Outlook
Market Assessment
Positive Outlook
Borosil's strategic investments highlight a proactive approach to sustaining growth.
Cautious Outlook
ICICI Securities revised target price downward, indicating cautious optimism.
- Stock Gain
- Nearly 4% in two days
- ICICI Securities Target Price
- Rs 365
- Q1FY26 Revenue Growth
- 7.3% YoY
- EBITDA Growth
- 28.9% YoY
- PAT Increase
- 88.7% YoY
- New Facility Investment
- Rs 40 crore
- Solar Capacity Expansion
- 20MW plant with Rs 75 crore capex