🔔 Order Alert
Waaree Energies secures order to supply 180 MWp solar modules, with supply scheduled to commence in FY 2025-26.
Waaree Energies Ltd Analyst Rating
based on 1 analysts
0.00%
Buy
0.00%
Hold
100.00%
Sell
Based on 1 analysts offering long term price targets for Waaree Energies Ltd. An average target of ₹2550
Source: S&P Global Market Intelligence
Waaree Energies Ltd Share analysis
Waaree Energies Ltd price forecast by 1 analysts
Downside of
High
₹2550
Target
₹2550.00
Low
₹2550
Waaree Energies Ltd target price ₹2550, a slight downside of -3.21% compared to current price of ₹2673.4. According to 1 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Waaree Energies Ltd revenue growth forecast
Expected growth rate Q1, FY2027:0
Forecast
Actual
Including amortisation and stock based compensations
Waaree Energies Ltd EPS growth forecast
EPS estimate Q1, FY2027:0
Forecast
Actual
Source: S&P Global Market Intelligence
Waaree Energies Ltd Performance
Day's Low
Day's High
₹2,591.1Day's Price Range₹2,72152 Week's Low
52 Week's High
₹2,30052-Week Price Range₹3,743
| Returns % | |
| 1 Month Return | -10.16 % |
| 3 Month Return | + 12.64 % |
| 1 Year Return | + 12.64 % |
| Market Stats | |
| Previous Close | ₹2,634.60 |
| Open | ₹2,674.55 |
| Volume | 12.17L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹75,687.63Cr |
Waaree Energies Ltd Key Statistics
| P/E Ratio | 48.29 |
| PEG Ratio | 0.89 |
| Market Cap | ₹75,687.63 Cr |
| P/B Ratio | 0 |
| EPS | 0 |
| Dividend Yield | 0 |
| Sector | Capital Goods - Electrical Equipment |
| ROE | 29.59 |
Waaree Energies Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| ₹75,687.63 Cr | 2.53% | 0.65 | ₹1,274 Cr | ₹11,397 Cr | ||
| BUY | ₹78,637.73 Cr | 435.61% | 0.59 | ₹660 Cr | ₹6,529 Cr | |
| ₹53,820.21 Cr | 8.43% | 0.00 | ₹231 Cr | ₹3,143 Cr | ||
| BUY | ₹54,699.91 Cr | 341.53% | 0.57 | NA | NA | |
| BUY | ₹48,509.95 Cr | 223.99% | 0.54 | NA | NA |
Waaree Energies Ltd Mutual Fund Holdings
About Waaree Energies Ltd
Share Price: ₹2673.40 per share as on 21 Jan, 2025 04:01 PM
Market Capitalisation: ₹75,687.63Cr as of today
Revenue: ₹3,574.38Cr as on September 2024 (Q3 24)
Net Profit: ₹375.66Cr as on September 2024 (Q3 24)
Listing date: 28 Oct, 2024
Chairperson Name: HITESH CHIMANLAL DOSHI
| Organisation | Waaree Energies Ltd |
| Headquarters | |
| Industry | Capital Goods - Electrical Equipment |
| E-voting on shares | Click here to vote |
What's happening today
Today's Timeline - Invalid Date
01:32 PM
-Waaree Energies secures order for 180 MWp solar modules, shares rise 3% intraday.
Key events for Waaree Energies Ltd
Waaree Energies Secures Major Solar Module Contract - 20 Jan, 2025
Waaree Energies Ltd has received a Letter of Award for supplying 180 MWp of solar modules, set to begin in FY 2025-26, boosting its market position.Madhuri Kela Acquires Stake in Waaree Energies - 18 Jan, 2025
Madhuri Kela acquired a 1.16% stake in Waaree Energies for Rs 870.6 crore. The company also announced a significant acquisition to enhance its renewable energy presence.Waaree Energies Reports Growth Amid Market Fluctuations - 16 Jan, 2025
Waaree Energies Limited, India's largest solar PV manufacturer, saw its shares rise 1.36% to Rs. 2,645. The company reported a revenue increase of 1.05% and profits rising from Rs. 320 Crores to Rs. 376 Crores. Despite trading 30% below its 52-week high, it remains a strong player in the solar market.Waaree Energies Acquires Enel Green Power India - 10 Jan, 2025
Waaree Energies has entered a share purchase agreement to acquire Enel Green Power India for up to Rs 792 crore, enhancing its renewable energy portfolio and independent power producer capabilities. The deal is expected to complete within three months, pending regulatory approvals.Waaree Energies Expands Amid Stock Correction - 09 Jan, 2025
Waaree Energies, India's largest solar PV module manufacturer, plans an 11.4 GW facility by FY26-27. The stock is currently correcting after an 80% rise from its IPO price, with a target of Rs 2,550 from Kotak, suggesting a mild correction ahead.Waaree Energies Faces Sell Ratings Amid Valuation Concerns - 08 Jan, 2025
Kotak Institutional Equities initiated coverage on Waaree Energies with a sell rating, targeting ₹2,550. Despite strong growth potential, elevated valuations led to a decline in share prices.Waaree Energies Begins Trial Production in Gujarat - 06 Jan, 2025
Waaree Energies has commenced trial production at its 5.4 GW solar cell manufacturing facility in Chikhli, Gujarat, marking a significant milestone in India's renewable energy sector.Waaree Energies Achieves Significant Market Milestone - 05 Jan, 2025
Waaree Energies, India's largest solar PV panel manufacturer, boasts a market cap of Rs. 81,533 crores and has surged 89% since its 2024 listing, closing at Rs. 2,839 per share.Waaree Energies Reports Revenue Growth Despite Share Price Dip - 04 Jan, 2025
Waaree Energies Limited's shares closed at Rs. 2,820.25, down 0.63%. Revenue grew by 1.04% to Rs. 3,574 Crores, with profits rising from Rs. 320 Crores to Rs. 376 Crores.Waaree Energies Secures Major Solar Module Order - 02 Jan, 2025
Waaree Energies has received a significant order for 150 MWp solar modules from a domestic entity, boosting its role in India's renewable energy sector. The stock saw a slight increase following the announcement.Waaree Energies Secures Major Solar Project Order - 01 Jan, 2025
Waaree Energies shares rose 1.13% to ₹2,886.75 following its subsidiary's largest-ever order of 2 GW solar project from Sunbreeze Renewables in Rajasthan.Waaree Energies Secures Major EPC Contract - 31 Dec, 2024
Waaree Energies has been awarded a significant EPC contract for a 2GW solar PV plant by Jindal Renewables, boosting its market position. The company also reported a net profit increase and ongoing investments in renewable energy projects.Waaree Energies Secures Solar Project, Stock Rises - 30 Dec, 2024
Waaree Energies' subsidiary received a significant order for a 170 MW solar power plant, leading to an 8% stock price increase. Shares traded higher throughout the day, with a lock-in period expiring soon.Waaree Energies Approves Major Capital Expenditure - 27 Dec, 2024
Waaree Energies Ltd shares fell 1.17% to ₹2,790. The Board approved over ₹2,000 crore in capital expenditure, including ₹650 crore for a Lithium Ion battery plant.Waaree Energies Faces Mixed Market Signals - 26 Dec, 2024
Waaree Energies' stock dipped 1.49% despite board approval for ₹850 crore investments. The company is also likely to be upgraded to midcap status.Waaree Energies Approves Major Investment Plans - 24 Dec, 2024
Waaree Energies Ltd's board approved investments totaling Rs 850 crore for electrolyser and storage cell manufacturing facilities, alongside Rs 130 crore for an inverter business.Waaree Energies Approves Major Investments in Renewables - 23 Dec, 2024
Waaree Energies Ltd's board approved significant investments totaling ₹850 crore and ₹2,073 crore for electrolyser and lithium-ion battery manufacturing plants, boosting its renewable energy initiatives.
Insights on Waaree Energies Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTMF Holding Up
Mutual Funds have increased holdings from 1.18% to 1.44% in Dec 2024 quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 30.45% to 31.60% in Dec 2024 quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 64.30% of holdings in Dec 2024 quarter
NEGATIVE IMPACTFII Holding Down
Foreign Institutions have decreased holdings from 2.23% to 1.40% in Dec 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 1 month, WAAREEENER stock has moved down by -20.6%
Waaree Energies Ltd Financials
Index Inclusions
Waaree Energies Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 64.3% | 0.00 | |
| Foreign Institutions | 1.4% | ||
| Mutual Funds | 1.44% | 22.13 | |
| Retail Investors | 31.6% | 3.76 | |
| Others | 1.26% |
Waaree Energies Ltd Key Indicators
Waaree Energies Ltd Valuation
Waaree Energies Ltd in the last 5 years
Lowest (42.87x)
October 28, 2024
Today (48.29x)
January 20, 2025
Industry (120.78x)
January 20, 2025
Highest (66.65x)
November 6, 2024
Waaree Energies Ltd Earnings and Dividends
Waaree Energies Ltd Earnings Results
Waaree Energies Ltd’s net profit jumped 14.78% since last year same period to ₹361.65Cr in the Q2 2024-2025. On a quarterly growth basis, Waaree Energies Ltd has generated -8.24% fall in its net profits since last 3-months.
Read More about Earnings Results
Waaree Energies Ltd Technicals Summary
Bearish
Neutral
Bullish
Waaree Energies Ltd is currently in a Bearish trading position according to technical analysis indicators.
FAQs on Waaree Energies Ltd
Waaree Energies Ltd share price today stands at ₹2673.4, Open. ₹2674.55 ; Previous Close. ₹2634.6 ; High. ₹2721 ; Low. ₹2591.1 ; 52 Week High. ₹3743 ; 52 Week Low: ₹2300.
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Waaree Energies Ltd is listed on NSE
Waaree Energies Ltd is listed on BSE
- Today’s highest price of Waaree Energies Ltd is ₹2721.
- Today’s lowest price of Waaree Energies Ltd is ₹2591.1.
PE Ratio of Waaree Energies Ltd is 48.29
PE ratio = Waaree Energies Ltd Market price per share / Waaree Energies Ltd Earnings per share
Today’s traded volume of Waaree Energies Ltd(WAAREEENER) is 12.17L.
Today’s market capitalisation of Waaree Energies Ltd(WAAREEENER) is ₹75687.63Cr.
| Waaree Energies Ltd(WAAREEENER | Price |
|---|---|
52 Week High | ₹3743 |
52 Week Low | ₹2300 |
Waaree Energies Ltd(WAAREEENER) share price is ₹2673.4. It is down -28.58% from its 52 Week High price of ₹3743
Waaree Energies Ltd(WAAREEENER) share price is ₹2673.4. It is up 16.23% from its 52 Week Low price of ₹2300
| Waaree Energies Ltd(WAAREEENER | Returns |
|---|---|
1 Day Returns | 38.8% |
1 Month Returns | -10.16% |
3 Month Returns | 12.64% |
1 Year Returns | 12.64% |