The US set a 126 per cent preliminary duty on solar imports from India, while the Trump administration set initial duties from 86 per cent to 143 per cent for Indonesia and 81 per cent for Laos
Among solar-related stocks, ACME Solar Holdings has surged up to 55% so far this year; technical charts hint at favourable bias for AMCE and other 2 solar energy-related shares.
Borosil Renewables on Wednesday reported its consolidated loss widening to Rs 203.48 crore for the June quarter, impacted by lower income. It had reported a loss of Rs 14.23 crore in the April-June period of preceding 2024-25 financial year, the company said in an exchange filing. The company's total income declined to Rs 352.86 crore in the first quarter from Rs 374.32 crore a year ago. Part of the Borosil Group, Borosil Renewables is a leading solar glass manufacturer.