Today, on 17th April 2025, Waaree Renewable Technologies or Waaree Renewable Share Price witnessed a shocking zoom of 12% in its share prices. The spike occurred after the company declared its fourth-quarter results. Their strong performance and business attracted investors and improved confidence. They presented a positive growth graph, boosting trade volumes and increasing share prices.
Today, Waaree Renewables’ shares opened to the market at Rs. 1,096.55. It is notably higher than the previous session’s close of Rs. 1,026.45
Waaree Renewable Technologies Share Price in Today’s Market
At 9:50 a.m., the company traded its shares for Rs. 1,133.07, nearly 10.45% higher than its previous close. According to the reports and estimates on Money Control, the current market capitalisation shows 11,707 cores; the UC Limit is 1,231.70, and the LC Limit is 821.20.
Q4 Financials
According to the data released by the company on 16th April, the company announced an 82.73% year-on-year (YoY) growth in its consolidated net profit to ₹93.76 crore in Q4FY25, compared to ₹51.31 crore in the year-ago period. Waaree Renewable Technologies’ consolidated net profit increased 75.32% from Rs. 53.35 crore in Q3FY25 to Rs. 93.76 crore in Q4FY25. Its operating revenue climbed from Rs. 360.35 crore in Q3FY25 to Rs. 476.58 crore in Q4FY25, indicating a 32.26% quarter-over-quarter (QoQ) increase. Waaree Renewable’s top line grew 74.37% year over year. In Q4FY25, the company’s operating revenue was Rs. 476.58 crore, compared to Rs. 273.31 crore in Q4FY24.
Recent News About Waaree Renewable Technologies
- WRTL was formally listed on the Indian National Stock Exchange (NSE) on 10th April. This strategic shift may improve stakeholder participation and the company’s access to funding.
- WRTL obtained a Letter of Award in March 2025 to build a turnkey 170 MW AC/255 MW DC ground-mounted solar project. The project is worth Rs. 232.3 crore and covers long-term operation, engineering, procurement, and construction services.
- By FY26, WRTL intends to increase India’s renewable energy capacity by 30–40 GW.
- Additionally, the business wants to grow globally, focusing on markets in Europe, Africa, and the Middle East.
Waaree Renewables Share Price Target
Based on reports from various analysts, Waaree Renewables’ share price target for 2025 to the upcoming 5 years varies between Rs 1525 and Rs 2700 per share.
Should You Buy, Sell, Or Hold?
According to analyses on TradingView, most market experts support buying Waaree Renewables shares. Before investing in the company, consider its long-term performance and consult your analyst to make the perfect move.