This article will explore the details of Waaree Energies Ltd and its projected share price targets for 2024, 2025, 2026 and 2030. It also examines the company’s financial performance over the years and explores how this may impact its stock price in the coming years.
About Waaree Energies
Waaree Energies Ltd is one of the top Indian solar energy companies, founded in 1989, it is known for manufacturing high-quality solar panels and comprehensive solar solutions. It has become one of India’s largest solar PV module manufacturers with a strong presence in over 350 locations across India and 68 countries globally. Waaree offers a variety of services, such as solar power plant development, EPC (Engineering, Procurement, and Construction) services, and energy storage solutions.
Company Name |
Waaree Energies Ltd |
Founded in |
1989 |
Founder |
Hitesh Chimanlal Doshi |
CEO |
Amit Paithankar |
Headquarters |
Mumbai, India. |
Industry |
Renewable Energy |
Market Capitalisation |
854.35 billion INR |
Employee |
over 8,500 |
Website |
waaree.com/ |
Waaree Energies Ltd: Market Overview
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Open – 2,641.60
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Previous Close – 2,633.85
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Volume – 644,172
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Beta – 0.75
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Mkt Cap (Rs. Cr.) – 74,729
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High – 2,651.45
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Low – 2,585.00
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UC Limit – 2,897.20
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LC Limit – 2,370.50
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52 Week High – 3,743.00
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52 Week Low – 2,300.00
Waaree Energies Share Price Chart
Waaree Energies Share Price Target Tomorrow 2024 To 2030
Explore Waaree Energies' share price target from 2024 to 2030 and uncover its growth potential in the renewable energy sector. Learn how this industry leader aims to achieve a target of ₹15,000 by 2030!
Years |
Share Price Target |
2024 |
₹3920 |
2025 |
₹5000 |
2026 |
₹7000 |
2027 |
₹9000 |
2028 |
₹11000 |
2029 |
₹13000 |
2030 |
₹15000 |
Risks For Waaree Energies Share Price
Here are some important point that could impact Waaree Energies’ share price:
High Competition in the Solar Industry
The solar industry faces intense competition, with numerous players entering both the Indian and global. This growing competition can put pressure on Waaree’s pricing and profit margins, potentially affecting its financial performance and leading its stock value over time.
Dependence on Government Policies and Incentives
Waaree Energies relies significantly on government support, including subsidies and tax benefits to promote renewable energy. Any reduction or change in these incentives could decrease demand for solar products, potentially slow the company’s growth and affect its share price negatively.
Technological Advancements by Competitors
The renewable energy sector is evolving rapidly, with frequent advancement. If competitors introduce superior technology or more cost-effective products, Waaree may face challenges, impact its market share and stock performance.
Fluctuations in Raw Material Prices
Solar panel production depends on heavily specific raw materials, and fluctuations in their cost can significantly affect Waaree’s profitability. Price volatility in raw materials,like silicon, could increase production expenses and reduce profit margins, potentially impacting the company’s share price.
Conclusion - Waaree Energies
Waaree Energies is a well-established brand recognised for its best-quality solar products. The company manufactures, sells and provides services for the solar panels having completed numerous government projects in the past and has pending orders as well. In this article, we have covered key details about the company, so if you are planning to invest in its shares, make sure to read the entire article.
Also read - Most Profitable Share in India.
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Disclaimer:
- The information is based on our understanding of the stock's historical performance.
- Stock market predictions are unpredictable and can change, so expert advice is strongly recommended before investing.
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