SSelectStock

WAAREEENERWaaree Energies Limited

IT · Solar · NSE · as of 2026-09-11 (delayed ~30 min in market hours)

Waaree Energies Limited manufactures and exports solar photovoltaic modules for residential, commercial, industrial, and institutional projects. It operates through three segments: Solar Photovoltaic Module Manufacturing, EPC and O&M Solutions, and the Independent Power Producer. The company offers HJT, TOPCon, mono PERC, polycrystalline, flexible, and special modules; off-grid and on-grid inverters; and solar products, such as solar streetlights, water heaters, and water pumps. It also provides engineering, procurement, and construction solutions; and operation and maintenance services; and operates as an independent power producer, which generates renewable energy. The company was founded in 1989 and is based in Mumbai, India.

2,625.00
3.10%
60Decent

Mkt Cap
₹75,527 Cr
P/E
20.4
P/B
5.3
Div Yield
0.07%
52W High
₹3,862.83
52W Low
₹2,403.00

Price & Volume

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Key Ratios

Market Cap (₹ cr)75,527.00
P/E20.36
P/B5.26
PEG0.27
ROE %31.57
ROCE %27.10
Debt / Equity0.21
EPS128.96
Revenue Growth %111.80
Profit Growth %71.20
Dividend Yield %0.07
Promoter Holding %68.15
FII Holding %8.36
DII Holding %
Beta0.88

“—” means the figure isn't meaningful or isn't published for this company: ROE and Debt/Equity are undefined when shareholder equity is negative (check P/B — negative means negative equity), and DII/MF holding splits aren't provided by our current data source.

Active Pattern Signals

HOLDConviction 58%

The picture

  • Revenue growth: 111.8% YoY
  • Profit growth: 71.2% YoY
  • ROE: 31.6%
  • MACD: fresh bullish crossover
  • Price vs EMA21: above
  • Trend strength (ADX): 34
  • Bullish Engulfing signal (setup quality 67%)

Bull case

  • Revenue growth: 111.8% YoY
  • Profit growth: 71.2% YoY
  • ROE: 31.6%
  • MACD: fresh bullish crossover

Bear case

  • Dividend yield: 0.07%
  • Price vs SMA50: below
  • Price vs SMA200: below
  • 1-month return: -2.3%

Key risks

  • Momentum is fading versus the broader market
  • Dividend yield: 0.07%
  • Price vs SMA50: below

Algorithmic analysis for research only — not SEBI-registered investment advice.

Trade Plan

Entry (CMP)
₹2,625.00
Stop Loss
₹2,489.95
risk 5.1%
Target 1 (1.5R)
₹2,827.58
+7.7%
Target 2 (3R)
₹3,030.15
+15.4%
Support (20d)
₹2,515.10
Resistance (52w)
₹3,862.83
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹135.05/share
ATR (volatility)
₹58.74
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹58.74). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental95
Technical54
Momentum22
Risk (safety)69

Peers — IT

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