Waaree Energies Ltd share price logo

Waaree Energies Ltd Share Price

(WAAREEENER)

₹2440.950.39%

as on 04:01PM, 25 Mar 2025

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Waaree Energies Ltd Performance

  • Day's Low

    Day's High

    ₹2,392.6
    Day's Price Range
    ₹2,508
  • 52 Week's Low

    52 Week's High

    ₹2,026
    52-Week Price Range
    ₹3,743
1 Month Return+ 7.17 %
3 Month Return-13.88 %
1 Year Return+ 3.95 %
Previous Close₹2,431.35
Open₹2,450.55
Volume14.45L
Upper Circuit₹2,917.60
Lower Circuit₹1,945.10
Market Cap₹69,848.60Cr

Waaree Energies Ltd Fundamentals

P/E Ratio

37.58

PEG Ratio

1.11

Market Cap

₹69,848.60 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 2 analysts

HOLD

0.00%

Buy

50.00%

Hold

50.00%

Sell

Based on 2 analysts offering long term price targets for Waaree Energies Ltd. An average target of ₹2155

Source: S&P Global Market Intelligence

Waaree Energies Ltd Share analysis

Waaree Energies Ltd price forecast by 2 analysts

Downside of-11.37%

High

₹2280

Target

₹2155.00

Low

₹2030

Waaree Energies Ltd target price ₹2155, a slight downside of -11.37% compared to current price of ₹2440.95. According to 2 analysts rating.

Source: S&P Global Market Intelligence

Key events for Waaree Energies Ltd

  • Waaree Energies Shares Rise Amid Local Material Push - 24 Mar, 2025

    Waaree Energies' CEO highlighted that anti-dumping duties on imports will promote local sourcing. Shares increased by 2.09%, reflecting positive market sentiment.
  • Waaree Energies Reports Growth and Expansion Plans - 22 Mar, 2025

    Waaree Energies Limited, a leading solar PV module manufacturer, aims to expand its capacity to 21 GW by FY27. The company's shares rose 4.63% to Rs. 2,354.80, reflecting positive market sentiment.
  • Nuvama Initiates Buy Rating for Waaree Energies - 21 Mar, 2025

    Nuvama Institutional Equities has initiated coverage on Waaree Energies with a Buy rating and a target price of ₹2,805, highlighting strong growth potential in solar and green hydrogen sectors. The brokerage forecasts significant revenue and EBITDA growth driven by capacity expansion and strategic integration into new energy segments.
  • Waaree Energies Receives Credit Rating Upgrade - 20 Mar, 2025

    Waaree Energies Ltd has been upgraded to A+ by CARE Ratings, highlighting its strong financial performance, operational efficiency, and successful IPO. The company aims to expand its solar manufacturing capacity significantly.
  • Waaree Energies Faces Challenges Amid US Policy Uncertainty - 19 Mar, 2025

    Waaree Energies stock has dropped over 20% in 2025 due to US clean energy incentive uncertainties. Despite strong growth and expansion plans, reduced IRA incentives and domestic oversupply pose risks. The company remains optimistic with backward integration and new projects in renewable energy.
  • Waaree Energies Faces Market Challenges Amid Growth Potential - 18 Mar, 2025

    Waaree Energies shares have seen volatility, dropping 43% from their peak. Jefferies projects strong growth potential, while India's renewable energy targets may further benefit the company.
  • Jefferies Initiates Coverage on Waaree Energies - 17 Mar, 2025

    Jefferies has initiated coverage on Waaree Energies with a Hold rating and a target price of Rs 2,030, citing favorable policies and demand growth. However, risks include potential oversupply and market adjustments.
  • Waaree Energies Expands Solar Manufacturing Capacity - 14 Mar, 2025

    Waaree Energies Limited, India's largest solar module manufacturer, boasts an installed capacity of 13.3 GW as of June 30, 2024. The company operates multiple manufacturing facilities in India and the USA, focusing on sustainable energy solutions to reduce carbon footprints.
  • Waaree Renewable Technologies: Strong Valuation Metrics - 11 Mar, 2025

    Waaree Renewable Technologies Limited trades at a fair PE ratio of 44.8x, with impressive ROCE of 107% and ROE of 80.2%. Despite a 44.26% decline over the past year, it has delivered a remarkable 1182.69% return over three years, marking it as a multibagger stock.
  • Waaree Energies Reports Strong Growth Amid Expansion Plans - 10 Mar, 2025

    Waaree Energies shows impressive financial growth with a 260% increase in PAT and 117% rise in revenue. The company is expanding its solar capacity to 12 GW and diversifying into green hydrogen and battery manufacturing, positioning itself strongly in the renewable energy sector.
  • Waaree Energies Faces US Market Challenges - 06 Mar, 2025

    Waaree Energies has seen a 23% decline this year, facing uncertainties from US market policies and potential tariffs, impacting profitability and expansion. However, CEO Amit Paithankar remains optimistic about demand and order book strength, reporting significant revenue and profit growth in Q3FY25.
  • Waaree Energies Stock Rises Amid New Initiatives - 05 Mar, 2025

    Waaree Energies shares rose 6% following the announcement of new initiatives at its Investor Day. However, uncertainties regarding US tariffs and IRA incentives remain concerns.
  • Waaree Energies Acquires Battery Business - 04 Mar, 2025

    In FY23, Waaree Energies acquired the battery business of Waaree ESS Private Limited, transferring all assets and liabilities. The company is now manufacturing batteries and generating revenue from both trading and sales.
  • Waaree Energies Stock Declines After Strong Listing - 02 Mar, 2025

    Waaree Energies Ltd, India's largest solar PV module manufacturer, saw its shares close at Rs. 2,159, down 2.22%. The stock previously peaked at Rs. 3,740.75.
  • Waaree Energies Secures Major Solar Module Order - 25 Feb, 2025

    Waaree Energies has received a significant order for 410 MWp solar PV modules from ABREL EPC, a subsidiary of Aditya Birla Renewables. This order strengthens Waaree's position in India's renewable energy market.

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

    Retail Holding Up

    img

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

  • 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 11.6%

  • 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%)

Waaree Energies Ltd Index Inclusions

S&P BSE Largecap

₹9,074.22

-0.21 (-19.04%)

S&P BSE Quality

₹1,671.25

-0.66 (-11.07%)

S&P BSE Indus.

₹13,050.25

-1.28 (-168.56%)

BSE IPO

₹13,475.63

-1.34 (-182.71%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

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 (37.58x)

March 24, 2025

Industry (105.74x)

March 24, 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.

Waaree Energies Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
HOLD₹69,848.60 Cr0.79%0.65₹1,274 Cr₹11,397 Cr
BUY₹78,399.63 Cr641.83%0.59₹660 Cr₹6,529 Cr
BUY₹54,624.10 Cr323.28%0.57NANA
HOLD₹75,748.81 Cr199.18%0.71₹282 Cr₹23,892 Cr
BUY₹40,809.25 Cr465.18%0.54NANA

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..

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
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FAQs on Waaree Energies Ltd

What is Waaree Energies Ltd price today?

Waaree Energies Ltd share price today stands at ₹2440.95, Open: ₹2450.55, Previous Close: ₹2431.35, High: ₹2508, Low: ₹2392.6, 52 Week High: ₹3743, 52 Week Low: ₹2026.

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

Today's traded volume of Waaree Energies Ltd(WAAREEENER) is 14.45L.

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

Today's market capitalisation of Waaree Energies Ltd(WAAREEENER) is ₹69848.6Cr.

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 ₹2440.95. It is down -34.79% 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 ₹2440.95. It is up 20.48% from its 52 Week Low price of ₹2026