Waaree Energies Ltd share price logo

Waaree Energies Ltd Share Price

(WAAREEENER)

₹2330.75▲4.97%

as on 01:23PM, 20 Feb 2025

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🔔 Order Alert

Waaree Energies secures order to supply solar modules for 362.5 MWp project from Khaba Renewable Energy, enhancing its position in renewable energy.

Waaree Energies Ltd Performance

  • Day's Low

    Day's High

    ₹2,220
    Day's Price Range
    ₹2,364.9

  • 52 Week's Low

    52 Week's High

    ₹2,026
    52-Week Price Range
    ₹3,743
1 Month Return-15.73 %
3 Month Return-18.41 %
1 Year Return-5.07 %
Previous Close₹2,220.30
Open₹2,332.25
Volume11.04L
Upper Circuit-
Lower Circuit-
Market Cap₹63,785.49Cr

Waaree Energies Ltd Key Statistics

P/E Ratio

34.32

PEG Ratio

1.01

Market Cap

₹63,785.49 Cr

P/B Ratio

0

EPS

0

Dividend Yield

0

Sector

Capital Goods - Electrical Equipment

ROE

29.59

Waaree Energies Ltd Analyst Rating

based on 1 analysts

SELL

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

Upside of14.85%

High

₹2550

Target

₹2550.00

Low

₹2550

Waaree Energies Ltd target price ₹2550, a slight upside of 14.85% compared to current price of ₹2330.75. According to 1 analysts rating.

Source: S&P Global Market Intelligence

What's happening today

  • img

    Today's Timeline - Invalid Date

    07:29 AM

    -

    Waaree Energies secures a 362.5 MWp solar module supply order from Khaba Renewable Energy, boosting its manufacturing capacity.

Key events for Waaree Energies Ltd

  • Waaree Energies Reports Profit Surge and New Order - 19 Feb, 2025

    Waaree Energies saw a significant 296% increase in Q3 FY25 net profit, while also securing a major order for solar PV modules. However, ICICI Prudential Mutual Fund exited its investment in the company, indicating a reassessment of sector exposure.

  • Waaree Energies Faces Stock Decline Despite Strong Earnings - 18 Feb, 2025

    Waaree Energies shares dropped 24% in 2025 due to concerns in the renewable sector, despite a fourfold increase in Q3 FY25 net profit to ₹493 crore and a 116% revenue rise to ₹3,457 crore.

  • Madhusudan Kela Increases Stake in Waaree Energies - 17 Feb, 2025

    Ace investor Madhusudan Kela has acquired a 1.16% stake in Waaree Energies, valued at ₹7.3 billion. The company shows strong growth with a robust order book and plans for expansion, including a new manufacturing facility in Texas.

  • Madhusudan Kela Invests in Waaree Energies - 16 Feb, 2025

    Waaree Energies Ltd, India's largest solar PV module manufacturer, has an order book of 26.5 GW worth Rs 50,000 crores. Madhusudan Kela acquired 1.16% stake in the company by purchasing 33.41 lakh equity shares in Q3 FY25.

  • Waaree Energies Shares Decline Amid Production News - 15 Feb, 2025

    Waaree Energies Ltd shares fell 8.46% this week to ₹2,103, down from ₹2,298.3. This decline follows the announcement of commercial production of 1.4 GW Mono PERC solar cells in Gujarat.

  • Waaree Energies Expansion Plans and Growth Prospects - 11 Feb, 2025

    Waaree Energies is on track to expand its module and cell capacity significantly by FY27. The company has a robust order book and is venturing into green hydrogen and battery manufacturing, supported by a PLI award for electrolyser production.

  • Waaree Energies Launches Solar Cell Production - 08 Feb, 2025

    Waaree Energies has commenced commercial production at its 1.4 GW Mono PERC solar cell manufacturing facility in Chikhli, Gujarat, supporting India's renewable energy goals and reducing import dependence.

  • Rate Cut Expected to Boost Solar Energy Demand - 07 Feb, 2025

    Amit Paithankar, CEO of Waaree Energies, stated that the recent rate cut will lower borrowing costs, enhancing financial viability for renewable energy projects and increasing demand for solar energy and PV module manufacturing.

  • Waaree Energies Reports Profit Surge and New Projects - 05 Feb, 2025

    Waaree Energies announced a 296% rise in net profit for Q4 2024. The company secured a contract for a green hydrogen facility, showcasing its commitment to sustainability. Analysts view the stock positively but caution about potential selling after the pre-IPO lock-in period ends in April.

  • Positive Outlook for Renewable Energy Stocks - 03 Feb, 2025

    The National Manufacturing Mission announced in the Union Budget 2025 is anticipated to benefit capital goods and renewable energy stocks, including Waaree Energies.

  • Waaree Energies Reports Strong Growth and New Projects - 01 Feb, 2025

    Waaree Energies saw a significant share price increase following robust Q3 FY25 results, a new green hydrogen facility award, and favorable budget allocations for renewable energy.

  • Waaree Energies Reports Strong Q3 Earnings and Growth - 31 Jan, 2025

    Waaree Energies shares surged following a strong Q3 report, showing a 260% profit increase and a ₹50,000 crore order book. The CEO expressed confidence in US demand despite tariff concerns, with ongoing expansion plans in solar manufacturing.

  • Waaree Energies Reports Strong Q3 Growth - 30 Jan, 2025

    Waaree Energies announced impressive Q3 FY25 results, with net profit rising to ₹506.38 crore and revenue increasing by 116.6% to ₹3,457.29 crore. The company continues to expand in solar and energy storage sectors.

  • Waaree Energies Starts Production Amid IRA Concerns - 23 Jan, 2025

    Waaree Energies commenced commercial production of a 1.6 GW solar module line in Texas, boosting shares. However, concerns arise over halted IRA funding impacting the company’s outlook.

  • Waaree Energies Faces Volatility Amid Key Developments - 22 Jan, 2025

    Waaree Energies experiences significant stock price declines due to profit booking, tariff fears, and the end of anchor lock-in periods, despite securing a major investment and contract. The company also begins production at its US solar plant.

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.

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 1.18% to 1.44% in Dec 2024 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, WAAREEENER stock has moved up by 1.2%

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 30.45% to 31.60% in Dec 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 64.30% of holdings in Dec 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 2.23% to 1.40% in Dec 2024 quarter

Waaree Energies Ltd Financials

Value in ₹ crore
DetailsQ'4 23Q'1 24Q'2 24Q'3 24Q'4 24
Revenue₹1,596.18Cr (-)₹2,935.84Cr (↑83.93%)₹3,408.90Cr (↑16.11%)₹3,574.38Cr (↑4.85%)₹3,457.29Cr (↓3.28%)
Net Income₹140.81Cr (-)₹475.18Cr (↑237.46%)₹401.13Cr (↓15.58%)₹375.66Cr (↓6.35%)₹506.88Cr (↑34.93%)
Net Profit Margin8.82% (-)16.19% (↑83.56%)11.77% (↓27.30%)10.51% (↓10.71%)14.66% (↑39.49%)
Value in ₹ crore
Details2021202220232024
Total Assets₹1,109.27Cr (-)₹2,051.46Cr (↑84.94%)₹7,345.02Cr (↑258.04%)₹10,717.30Cr (↑45.91%)
Total Liabilities₹758.22Cr (-)₹1,623.12Cr (↑114.07%)₹5,402.14Cr (↑232.82%)₹6,614.34Cr (↑22.44%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹8.02Cr (-)₹80.53Cr (↑904.11%)₹571.51Cr (↑609.69%)₹1,491.72Cr (↑161.01%)₹2,116.33Cr (↑41.87%)

Index Inclusions

BSE IPO

₹13,819.26

0.57 (▲78.22%)

Waaree Energies Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
64.3%
0.00
Foreign Institutions
1.4%
-37.18
Mutual Funds
1.44%
22.13
Retail Investors
31.6%
3.76
Others
1.26%
-31.53

Waaree Energies Ltd Key Indicators

Details20202021202220232024
Return On Equity %16.0815.3717.8838.8129.59
Details2021202220232024
Return On Assets %4.443.696.5711.54

Waaree Energies Ltd Valuation

Waaree Energies Ltd in the last 5 years

  • Overview

  • Trends

Lowest (32.34x)

January 28, 2025

Today (34.32x)

February 19, 2025

Industry (97.77x)

February 19, 2025

Highest (71.01x)

November 6, 2024

LowHigh

Waaree Energies Ltd Earnings and Dividends

  • Waaree Energies Ltd Earnings Results

    Waaree Energies Ltd’s net profit jumped 295.64% since last year same period to ₹492.69Cr in the Q3 2024-2025. On a quarterly growth basis, Waaree Energies Ltd has generated 36.23% jump in its net profits since last 3-months.

    Read More about Earnings Results

Waaree Energies Ltd Technicals Summary

Bearish

Neutral

Bullish

Bullish

Waaree Energies Ltd is currently in a Bullish trading position according to technical analysis indicators.

More on Technical Analysis

Waaree Energies Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
Waaree Energies Ltd
Waaree Energies Ltd
SELL₹63,785.49 Cr-1.01%0.65₹1,274 Cr₹11,397 Cr
GE Vernova T&D India Ltd
GE Vernova T&D India Ltd
BUY₹35,182.55 Cr178.06%0.54NANA
Hitachi Energy India Ltd
Hitachi Energy India Ltd
BUY₹44,937.08 Cr277%0.57NANA
Premier Energies Ltd
Premier Energies Ltd
HOLD₹45,072.93 Cr3.81%0.00₹231 Cr₹3,143 Cr
Suzlon Energy Ltd
Suzlon Energy Ltd
BUY₹73,318.96 Cr422.12%0.59₹660 Cr₹6,529 Cr
See all

About Waaree Energies Ltd

Waaree Energies Limited was originally incorporated as Anmol Fluid Connectors Private Limited at Mumbai on December 18 1990 issued by the RoC. Thereafter name of Company changed to Waaree Solar Private Limited on April 25 2007 and later on the name was further changed to Waaree Energies Private Limited pursuant to Certificate of Incorporation on December 12 2007. Accordingly the Company converted into a Public Company on March 8 2013 and consequently the name was changed to Waaree Energies Limited pursuant to a fresh Certificate of Incorporation issued by the RoC on May 2 2013. The Company is one of the major players in the solar energy industry in India focused on PV module manufacturing. Presently it is engaged in manufacture of Solar Photovoltaic Modules setting up of Projects in solar space and sale of electricity. It operate 3 manufacturing facilities comprising 4 factories in India: at Surat Tumb and Nandigram in Gujarat India. In 2007 the Company got into the business in manufacturing line of solar energy with an operational capacity of 30 MW module. In 2014 it formed a joint venture with North Eastern Electric Power Corporation Limited NEEPCO for implementation of solar power project in Sehore Madhya Pradesh. In 2017 it acquired 40 shares in Waaneep Solar Private Limited from NEEPCO and accordingly Waaneep Solar Private Limited became the wholly owned subsidiary of the Company.In 2018 it commissioned solar photovoltaic modules plant having capacity of 1000MW. It got into a Share Purchase Agreement for sale of investments in the whollyowned subsidiary Waaneep Solar Private Limited. In March 2021 the Company acquired 500 MW Solar Module manufacturing facility which took the total installed capacity to 2GW. The Company is planning to come out with an initial public offer by raising capital of Rs 1350 crore equity shares through fresh issue and by issuing 4007500 equity shares through offer for sale..

Share Price: ₹2330.75 per share as on 20 Feb, 2025 01:23 PM
Market Capitalisation: ₹63,785.49Cr as of today
Revenue: ₹3,457.29Cr as on December 2024 (Q4 24)
Net Profit: ₹506.88Cr as on December 2024 (Q4 24)
Listing date: 28 Oct, 2024
Chairperson Name: HITESH CHIMANLAL DOSHI
OrganisationWaaree Energies Ltd
Headquarters
IndustryCapital Goods - Electrical Equipment
E-voting on sharesClick here to vote

FAQs on Waaree Energies Ltd

What is Waaree Energies Ltd price today?

Waaree Energies Ltd share price today stands at ₹2330.75, Open: ₹2332.25, Previous Close: ₹2220.3, High: ₹2364.9, Low: ₹2220, 52 Week High: ₹3743, 52 Week Low: ₹2026.

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Is Waaree Energies Ltd listed on NSE?

Waaree Energies Ltd is listed on NSE

Is Waaree Energies Ltd listed on BSE?

Waaree Energies Ltd is listed on BSE

What are today's High and Low prices of Waaree Energies Ltd?

  • Today's highest price of Waaree Energies Ltd is ₹2364.9.
  • Today's lowest price of Waaree Energies Ltd is ₹2220.

What are today's traded volumes of Waaree Energies Ltd?

Today's traded volume of Waaree Energies Ltd(WAAREEENER) is 11.04L.

What is today's market capitalisation of Waaree Energies Ltd?

Today's market capitalisation of Waaree Energies Ltd(WAAREEENER) is ₹63785.49Cr.

What is the 52 Week High and Low Range of Waaree Energies Ltd?

Waaree Energies Ltd (WAAREEENER)
Price
52 Week High
₹3743
52 Week Low
₹2026

How much percentage Waaree Energies Ltd is down from its 52 Week High?

Waaree Energies Ltd (WAAREEENER) share price is ₹2330.75. It is down -37.73% from its 52 Week High price of ₹3743

How much percentage Waaree Energies Ltd is up from its 52 Week low?

Waaree Energies Ltd (WAAREEENER) share price is ₹2330.75. It is up 15.04% from its 52 Week Low price of ₹2026

What are the historical returns of Waaree Energies Ltd?

Waaree Energies Ltd (WAAREEENER)
Returns
1 Day Returns
110.45%
1 Month Returns
-15.73%
3 Month Returns
-18.41%
1 Year Returns
-5.07%

What is the PE ratio of Waaree Energies Ltd today?

PE Ratio of Waaree Energies Ltd is 34.32

PE ratio = Waaree Energies Ltd Market price per share / Waaree Energies Ltd Earnings per share