Waaree Renewables Share Price Target 2025, 2026, 2027, 2030 Expert Analysis & Forecast; Waaree Renewables Technologies Ltd. is a key player in the Indian renewable energy sector, focusing primarily on solar energy solutions. The company has gained significant traction due to the increasing demand for clean and sustainable energy. With government initiatives supporting the growth of renewable energy and an emphasis on reducing carbon footprints, Waaree Renewables is well-positioned for future expansion.
This article provides a detailed analysis of Waaree Renewables’ share price target for 2024, 2025, 2026, and 2030, based on fundamental and technical analysis, market trends, and expert predictions.
Waaree Renewables Stock Overview
| Metric | Value |
|---|---|
| Open Price | 817.00 |
| Previous Close | 814.30 |
| Volume | 163,757 |
| Value (Lacs) | 1,323.57 |
| VWAP (Volume Weighted Avg Price) | 814.09 |
| Beta | 0.90 |
| Market Cap (Rs. Cr.) | 8,419 |
| Day’s High | 824.90 |
| Day’s Low | 805.00 |
| Upper Circuit Limit | 969.90 |
| Lower Circuit Limit | 646.60 |
| 52-Week High | 3,037.75 |
| 52-Week Low | 759.00 |
| Face Value | 2 |
| All-Time High | 3,037.75 |
| All-Time Low | 1.48 |
| 20D Avg Volume | 0 |
| 20D Avg Delivery (%) | — |
| Book Value Per Share | 30.58 |
| Dividend Yield (%) | 0.12 |
| TTM EPS | 18.19 |
| TTM PE (Price-to-Earnings) | 44.43 |
| P/B Ratio (Price-to-Book) | 26.44 |
| Sector PE | 42.75 |
Waaree Renewables Company Overview
Waaree Renewables is part of the Waaree Group, which is India’s largest solar panel manufacturer. The company is engaged in developing solar power projects and expanding its footprint in both domestic and international markets. With a strong commitment to innovation, Waaree Renewables is consistently expanding its portfolio, making it an attractive choice for investors looking at long-term sustainable growth.
Waaree Renewables Financial Performance & Market Position
The financial performance of Waaree Renewables has been improving steadily. The company has been witnessing growth in revenue and profits due to increasing solar energy adoption. Key financial indicators such as Earnings Per Share (EPS), Price-to-Earnings (P/E) ratio, and Return on Equity (ROE) suggest promising growth prospects.
- Market Cap: Increasing steadily
- Revenue Growth: Positive YoY growth
- Profit Margins: Improving with operational efficiency
- Debt-to-Equity Ratio: Low, indicating financial stability
Now, let’s dive into the expected share price targets for the coming years.
Waaree Renewables Share Price Target 2024
By 2024, Waaree Renewables is expected to witness a stable rise in its share price, driven by:
- Expansion in renewable energy projects
- Increased government incentives and subsidies for solar energy
- Technological advancements in solar panels and energy storage solutions
Expected Share Price Target for 2024: ₹450 – ₹550
Waaree Renewables Share Price Target 2025
In 2025, Waaree Renewables could experience significant growth due to:
- Stronger global partnerships for solar projects
- Expansion in rooftop and utility-scale solar projects
- Positive investor sentiment in the renewable energy sector
Expected Share Price Target for 2025: ₹600 – ₹750
Waaree Renewables Share Price Target 2026
By 2026, Waaree Renewables may see further appreciation in its stock value owing to:
- Rising demand for clean energy alternatives
- Government-mandated renewable energy goals
- Entry into new international markets
Expected Share Price Target for 2026: ₹800 – ₹950
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Waaree Renewables Share Price Target 2030
Long-term projections indicate that Waaree Renewables has the potential to be a leading solar energy company in India and globally. Factors that could drive its share price in 2030 include:
- Aggressive expansion of solar energy projects
- Development of advanced solar technologies
- Increased focus on sustainability by industries worldwide
Expected Share Price Target for 2030: ₹1200 – ₹1500
Why Invest in Waaree Renewables?
1. Strong Industry Outlook
The renewable energy sector, particularly solar energy, is expected to grow exponentially. Government policies and global commitments towards reducing carbon emissions further strengthen the industry’s outlook.
2. Solid Financials & Expansion Plans
Waaree Renewables has shown consistent revenue growth and a stable balance sheet. With ongoing expansion into new markets, the company is poised for steady growth.
3. Government Support & Policies
The Indian government’s commitment to achieving 500 GW of renewable energy capacity by 2030 will boost companies like Waaree Renewables. Subsidies and incentives will continue to support growth in the sector.
4. Rising Demand for Solar Energy
With increasing power consumption and the shift towards clean energy, Waaree Renewables is in a favorable position to capitalize on this demand.
Risk Factors to Consider
While Waaree Renewables presents a promising investment opportunity, investors should be aware of potential risks:
- Market Volatility: Stock market fluctuations may impact share prices.
- Regulatory Changes: Government policies may impact the industry dynamics.
- Competition: Rising competition from domestic and international players may pose challenges.
Final Verdict: Should You Invest in Waaree Renewables?
Waaree Renewables is an emerging leader in the solar energy sector, backed by strong financials, government support, and increasing demand for renewable energy. The company’s growth trajectory suggests strong potential for long-term investors looking to benefit from the renewable energy boom.
Disclaimer:
This article is for informational purposes only. It does not constitute financial advice. Please consult a professional financial advisor before making any investment decisions.
