Waaree Energies Share Price got a massive up spike of 17% today. This is after the impressive Q4 financial reports were announced. How much has the company made in the quarter ending in March 2025? Let’s find out.
Waaree Energies Share Price in Today’s Market
As of today, 23rd April 2025, at 1.45 PM, Waaree Energies Share Price is at Rs 3,052.90, that is 17% up. Today’s shares opened at Rs 2,820 and touched a high of Rs 3,116.80. Current UC limit for the share is at Rs 3,139, and the LC limit is at Rs 2092.80. The total market capitalization of the company stands at around Rs 87,911 crores.
Company Financials
The company has released its Q4 results, which show a 34% jump in Net Profits of Rs 619 Crore. Revenues also increased by 36% to Rs 4,004 Crore. EBITDA, which was 14.3% last year, has nearly doubled to 23% as operational efficiency improved.
Waree Energies has an impressive order book of 25GW pipeline, which is Rs 47,000 Crore worth of revenue in the coming two years. The company aims to expand solar module capacity to 20 GW by the end of 2027.
Recent News on Waaree Energies
- Waaree Energies has expanded in the US. The company is setting up a new plant with 1.6 GW capacity in Texas to provide green energy to local Americans.
- After the recent US tariff announcement, Southeast Asian solar imports have positioned Indian manufacturers like Waaree Energies as global alternatives.
Waaree Energies Share Price Target
The company has recently outranked previous predictions. Jefferies suggested a target of Rs 2030 by the end of March, and Trading View projected Rs 2254.25 average target price for 2026. But the current price is at Rs 3,052.90.
Recommendation on Buy or Sell
According to moneycontrol, 25% of the analysts recommend buying Waree Energies shares. While 50% suggests the stock is underperforming,g and 25% suggests holding for the long term. On Trendlyne, Consensus also suggests Hold for these shares.
All the information given above is for informational purposes only. Investors are strongly advised to consult certified expert before making any investment-related decisions.
