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Domestic benchmark equity indices experienced a decline on Friday, primarily due to weakness in the financial sector. However, these losses did not overshadow the weekly gains, which were fueled by a post-results rally in key index constituents and reduced concerns regarding the Middle East.
Borosil Renewables Ltd. is experiencing an increase in demand for solar panels, while at the same time faced their substantial dumping from China, says Shreevar Kheruka, managing director of Borosil Ltd.
He said that the government's Approved List of Models and Manufacturers will help gear the demand for domestically produced solar modules. This will further help improve the demand for solar glasses which may eventually impact pricing.