Waaree Renewables Technologies Ltd (534618)

Waaree Renewables Technologies Stock Hits Record High - 19 Apr, 2024

Shares of Waaree Renewable Technologies Ltd hit a record high, climbing 5% to Rs 2386.10 on BSE today. The green energy stock has risen 1198% in a year and gained 438% this year. In the December 2023 quarter, the firm reported a revenue of Rs 324.7 crore against Rs 74.2 crore profit in the corresponding quarter of previous fiscal.

Waaree Renewables Technologies Ltd Rises 5% - 18 Apr, 2024

Waaree Renewables Technologies Ltd rose 5% to trade at Rs 2272.5, outperforming the S&P BSE Utilities index which is up 1.51%. The stock has added 46.46% over last one month compared to a 12.29% gain in the index and a 1.63% rise in the SENSEX.

Waaree Renewables Technologies Ltd Stock Hits One-Year High - 15 Apr, 2024

Shares of Waaree Renewable Technologies Ltd jumped 5% to hit a one-year high value of Rs 2,071.05. The stock has gained more than 47%, and bourses BSE and NSE have put the securities of Waaree Renewable Tech under the long-term ASM framework.

Waaree Renewables Technologies Ltd's Stock Rises 4.3 Times in Q1 - 10 Apr, 2024

The stock of Waaree Renewables Technologies Ltd has risen by 4.3 times from January 1 to April 8, hitting the upper circuit 14 times in the past month. However, analysts question whether the company's high valuations are justified given its financials and order book growth.

Waaree Renewables Technologies Ltd Gives 291% Returns in Q1 - 04 Apr, 2024

Waaree Renewable Technologies has given a staggering 94% returns in January, followed by 45% returns in February and another 26% returns in March. This stellar run turned the stock into a multibagger, giving 291% returns in the first quarter of the calendar year.

Waaree Renewables Technologies Ltd Rises 5% - 03 Apr, 2024

Shares of Waaree Renewables Technologies Ltd rose by 5% to trade at Rs 1626.9, adding 26.44% over the last month compared to a gain of 0.92% in S&P BSE Utilities index and a drop of 0.16% in the SENSEX. The stock hit a record high of Rs 1641 on 12 Mar 2024 and a 52-week low of Rs 155 on 03 Apr 2023.

Waaree Renewables Reports Increase in Operating Revenues and After-Tax Profits - 30 Mar, 2024

Waaree Renewables Technologies Limited reported an increase in its operating revenues and after-tax profits, with healthy ratios of return on equity (RoE) and return on capital employed (RoCE). RoE increased from 28.77% to 65.09%, while RoCE increased from 36.45% to 62.74%.

Waaree Renewables Share Price Rises Nearly 400% - 28 Mar, 2024

Mark Mobius is bullish on Waaree Renewables as he believes that the entire solar industry in India will be growing very rapidly.