Waaree Energies Limited is a major player in India’s renewable energy sector, making significant strides in the solar power industry.
As investors look for opportunities in the growing clean energy market, understanding the Waaree Energies share price target is essential to making informed investment decisions.
This article explores the company’s potential growth trajectory and its share price forecasts for the years 2024 to 2050.
With the global push for renewable energy and India’s ambitious goals to achieve net-zero emissions by 2070, solar power is at the forefront of this transformation.
Waaree Energies, as a leading provider of solar energy solutions, is well-positioned to benefit from this shift. Its stock performance could offer promising returns for long-term investors.
Whether you’re a seasoned investor or just starting your journey in the stock market, this article provides a detailed analysis of Waaree Energies‘ share price trends.
From annual targets to technical and fundamental insights, you’ll find the guidance needed to evaluate this stock as part of your investment portfolio.
Contents
- 1 Waaree Energies Share Price Target 2024, 2025, 2030, 2040, 2050
- 1.1 Waaree Energies Share – Fundamental Analysis:
- 1.2 Waaree Energies Share Price Target 2024:
- 1.3 Waaree Energies Share Price Target 2025:
- 1.4 Waaree Energies Share Price Target 2026:
- 1.5 Waaree Energies Share Price Target 2027:
- 1.6 Waaree Energies Share Price Target 2028:
- 1.7 Waaree Energies Share Price Target 2029:
- 1.8 Waaree Energies Share Price Target 2029:
- 1.9 Waaree Energies Share Price Target 2030:
- 1.10 Waaree Energies Share Price Target 2040:
- 1.11 Waaree Energies Share Price Target 2050:
- 1.12 Waaree Energies Share Price Target 2024 to 2030:
- 1.13 Quarterly Results of Waaree Energies:
- 1.14 Technical Analysis of Waaree Energies:
- 1.15 Key Takeaways for Waaree Energies Investors:
- 1.16 Final Thoughts:
- 1.17 Frequently Asked Questions (FAQs)
- 1.18 Author
Waaree Energies Limited, a key player in India’s renewable energy sector, has established itself as a leading provider of solar solutions.
As the country moves toward sustainable energy, understanding Waaree Energies’ share price targets for 2024, 2025, 2030, 2040, and 2050 becomes crucial for investors aiming to align with this growth trajectory.
The demand for renewable energy in India is rising steadily, driven by government policies and environmental concerns.
Waaree Energies is uniquely positioned to capitalize on this shift, with its expertise in manufacturing solar PV modules and providing innovative energy solutions.
Let’s explore the company’s future growth potential and how its share price might evolve in the coming decades.
Here’s a quick snapshot of Waaree Energies business and stock details:
Quick Facts:
Here are some of the quick facts know about the Waaree Energies share price projections:
- Market Position: Leading manufacturer of solar PV modules in India.
- Customer Base: Serves residential, commercial, and industrial clients.
- Growth Drivers: Rising global focus on clean energy and India’s target to achieve net-zero emissions by 2070.
Waaree Energies has built a strong reputation for manufacturing high-quality solar PV modules and offering engineering, procurement, and construction (EPC) services.
The company caters to a wide range of clients, including residential, commercial, and industrial sectors, demonstrating its commitment to driving clean and sustainable energy solutions.
Its innovations in solar technology have firmly positioned Waaree as a frontrunner in India’s renewable energy landscape.
Here is the quick look of fundamentals of Waaree Energies which help you understand better about the stock:
As renewable energy demand continues to grow, Waaree Energies is expected to see steady growth in 2024.
In 2024, Waaree Energies is likely to see steady growth as the renewable energy sector strengthens. The share price is expected to range between ₹2,800 and ₹3,200.
With favorable government policies and a robust market presence, the stock price could range between ₹2,800 and ₹3,200. Investors looking to capitalize on the renewable energy boom might find this year a good entry point.
Insights:
- Government incentives for renewable energy are expected to provide tailwinds for the stock.
- Pro Tip: Monitor the company’s Q1 and Q2 results for better clarity on growth momentum.
By 2025, Waaree Energies is expected to enhance its production capabilities and explore new markets, pushing the share price to ₹3,100-₹3,600.
The company’s commitment to advancing solar technology will likely draw more investors, increasing its market appeal.
By 2025, Waaree Energies is projected to expand its production capacity, leading to a share price range of ₹3,100 to ₹3,600.
Factors Driving Growth:
- Increasing adoption of solar rooftop solutions in urban and semi-urban regions.
- Rising investments in solar parks and large-scale energy projects.
In 2026, Waaree Energies could achieve new milestones, thanks to advancements in solar technology and growing installations of solar projects.
With a projected stock price between ₹3,400 and ₹3,900, this year could mark a significant step forward in the company’s growth story.
The renewable energy sector is likely to experience a surge in demand by 2027, supported by government incentives.
Waaree Energies’ share price could climb to ₹3,800-₹4,200, as the company capitalizes on its position as a solar energy leader.
By 2028, the global push for sustainable energy solutions will likely keep Waaree Energies on a growth trajectory.
With expanding production and increased adoption of solar energy, the stock price might range from ₹4,200 to ₹4,700.
In 2029, Waaree Energies could solidify its dominance in the renewable energy market, with the stock price expected to be between ₹4,500 and ₹5,000.
This growth will likely be driven by the increasing adoption of solar power across industries.
In 2029, Waaree Energies could solidify its dominance in the renewable energy market, with the stock price expected to be between ₹4,500 and ₹5,000.
This growth will likely be driven by the increasing adoption of solar power across industries.
By 2030, Waaree Energies could hit a new high, benefiting from the global shift to renewable energy.
With a projected price range of ₹5,000-₹5,500, the company is poised to become a key player in solar energy’s mainstream adoption.
Key Indicators:
- Global Trends: The International Energy Agency (IEA) forecasts a 50% growth in solar capacity by 2030.
- Example: India’s National Solar Mission aims to generate 100 GW of solar power by 2030.
Looking at the long-term horizon, Waaree Energies may establish itself as a market leader by 2040.
The stock price could range between ₹8,000 and ₹10,000, driven by innovations in solar technology and consistent growth in the renewable sector.
By 2050, solar energy is expected to dominate the global energy landscape.
Waaree Energies, being at the forefront, might see its share price between ₹12,000 and ₹15,000, reflecting its pivotal role in the clean energy transition.
Waaree Energies share price projections from 2024 to 2030 showcase its potential for dominant exponential growth, depending on market conditions and the company’s performance.
Below is a breakdown of estimated price ranges for each year:
Note:
These price targets are approximate and can change based on market trends, economic conditions, and Waaree Energies business performance. Always conduct thorough research or consult a financial advisor before investing.
Quarterly Results of Waaree Energies:
Waaree Energies has demonstrated strong financial performance in recent quarters.
For instance, between June 2023 and June 2024, sales grew from ₹3,328 Cr to ₹3,409 Cr, while net profit rose from ₹338 Cr to ₹401 Cr, reflecting steady growth and profitability.
Here is the quick look at the fundamental analysis of Waaree Energies:
Fundamental Analysis:
Here is quick short summary of Waaree Energies fundamental analysis:
- Return on Capital Employed (ROCE): 43.6% (higher than the industry average).
- Example: In June 2023, the company reported a 16% Operating Profit Margin, showing consistent profitability.
Technical Analysis of Waaree Energies:
Current Exponential Moving Averages (EMA) suggest short-term downtrends for Waaree Energies. A bullish crossover of the 50-day EMA above the 200-day EMA could serve as a key buying signal for investors.
Here is the quick look at the technical analysis of Waaree Energies:
Technical Analysis:
Here is quick short summary of Waaree Energies technical analysis:
- 50-Day EMA: ₹2,905.47
- 200-Day EMA: ₹3,020.42
- Pro Tip: Watch for a bullish crossover for potential buy signals.
Key Takeaways for Waaree Energies Investors:
If you are looking to invest in Waaree Energies, then here are some of the key takeaways that you should be knowing:
- Diversify Investments: Renewable energy is a long-term play. Balance your portfolio with short-term and long-term stocks.
- Monitor Financial Reports: Keep an eye on Waaree Energies’ quarterly earnings for signs of growth.
- Stay Updated on Policies: Government initiatives, such as PLI schemes, can significantly impact the renewable sector.
Final Thoughts:
Waaree Energies has a bright future, driven by its innovations in solar technology and the global push toward clean energy. If you’re looking for long-term gains, Waaree’s stock could be a great addition to your portfolio.
Keep tracking its performance, and remember, patience is key when investing in sustainable energy stocks.
Note:
Always consult a certified financial advisor before making investment decisions.
Frequently Asked Questions (FAQs)
Here are 20 FAQs which will help you with concise answers to help readers understand Waaree Energies share price targets and investment prospects better:
What is Waaree Energies?
Waaree Energies is a leading solar energy company known for manufacturing high-quality solar PV modules and offering engineering, procurement, and construction (EPC) services.
What is the current share price of Waaree Energies?
As of the latest data, Waaree Energies’ share price is ₹2,889.
What is Waaree Energies’ market capitalization?
Waaree Energies has a market capitalization of ₹82,990 crore.
What is the 52-week high and low of Waaree Energies’ stock?
The 52-week high is ₹3,743, and the 52-week low is ₹2,295.
What is the expected share price target for Waaree Energies in 2024?
The share price target for 2024 is expected to range between ₹2,800 and ₹3,200.
Why is Waaree Energies a prominent name in the renewable energy sector?
Waaree Energies stands out due to its innovations in solar technology, strong market presence, and its commitment to providing sustainable and clean energy solutions.
What is the stock P/E ratio of Waaree Energies?
The stock’s price-to-earnings (P/E) ratio is 83.9.
What is the dividend yield for Waaree Energies?
Currently, Waaree Energies does not offer a dividend yield, which stands at 0.00%.
What is Waaree Energies’ Return on Capital Employed (ROCE)?
The company’s ROCE is 43.6%, indicating strong efficiency in utilizing its capital.
What is the Return on Equity (ROE) for Waaree Energies?
Waaree Energies’ ROE stands at 33.4%, showcasing its ability to generate profits from shareholder equity.
What factors are driving the growth of Waaree Energies’ share price?
The growth is driven by the increasing demand for renewable energy, government incentives, and Waaree’s technological advancements in solar power.
What is the projected share price range for 2025?
The share price in 2025 is expected to range between ₹3,100 and ₹3,600.
How does Waaree Energies compare to other renewable energy companies?
Waaree Energies has a strong market presence, advanced solar technology, and a solid reputation, making it one of the top players in the renewable energy sector.
What is the long-term price target for Waaree Energies by 2040?
By 2040, Waaree Energies’ share price is projected to range between ₹8,000 and ₹10,000.
How is Waaree Energies performing technically?
Based on technical analysis, Waaree Energies’ 50-day EMA is ₹2,905.47, while the 200-day EMA is ₹3,020.42, indicating a short-term downtrend.
What role does the government play in Waaree Energies’ growth?
Government policies and incentives for renewable energy significantly support Waaree Energies’ growth by encouraging solar adoption and market expansion.
What are Waaree Energies’ financial results for June 2024?
For June 2024, Waaree Energies reported sales of ₹3,409 crore, an operating profit of ₹552 crore, and a net profit of ₹401 crore, reflecting solid growth compared to the previous year.
What is the share price target for Waaree Energies in 2030?
The projected share price target for 2030 is between ₹5,000 and ₹5,500.
What is Waaree Energies’ face value per share?
The face value of Waaree Energies’ shares is ₹10.
Is Waaree Energies a good long-term investment?
Yes, Waaree Energies is a promising long-term investment due to its leadership in renewable energy, consistent financial performance, and the global shift toward clean energy solutions.
Author
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