Waaree Energies’ share price target can help you understand the stock and enable you to explore business fundamentals, market trends, financials, and key management.
In this post, we’ll discuss Waaree Energies’ share price target, capacity, growth plan, and area where they are doing their business.
Let’s get started to explain.
Waaree Energies Share Price Target: Market Outlook
- Open Rs 2,732.35
- Previous Close Rs 2,722.15
- All-Time High Rs 3,743.00
- All-Time Low Rs 2,300.00
- Upper Circuit 2,994.35
- Lower Circuit 2,449.95
- 52-Week High Rs 3,743.00
- 52-Week Low Rs 2,300.00
- Volume 4,528,208
- Book Value
- Face Value ₹10
- Market Cap ₹ 81,569 Cr
Waaree Energies Share Price Target 2024 to 2030
| Waaree Energies Share Price Target Year | Minimum Target | Maximum Target |
|---|---|---|
| 2024 | 3100 | 3500 |
| 2025 | 3500 | 4400 |
| 2026 | 5150 | 5600 |
| 2027 | 7200 | 7500 |
| 2028 | 9050 | 9800 |
| 2029 | 11000 | 11700 |
| 2030 | 13000 | 14200 |
Waaree Energies Share Price Target 2024
Target ₹ 3100 – ₹ 3500
We anticipate Waaree Energies’ share price target in 2024 could reach Rs 3100 and in the bull case scenario Rs 3500 fueled by robust growth. Here are some important points discussed that could positively impact growth trajectory and the share price target.
Fluctuation in Raw Material Cost
As we know, Waaree Energies depends on imports for raw materials from countries like China, Vietnam, Malaysia, and Thailand. Any restrictions on or import duties, disrupt the supply chain, could adversely affect production, increase costs and reduce revenue growth.
Changing the regulations or policies of these countries, disruption in the supply chain could also hamper growth of companies.
Technological Risk
With the fast-changing technology age competing with well-funded international companies is challenging. Keeping up an advanced product line needs a significant amount of investment. It poses a challenge to Waaree’s existing products. Failure to do so, could affect market share and increase costs.
Competitive Market
With the growing demand for solar energy, International companies with well-funded entry into the market create huge competition. Companies like Waaree Energies can face challenges to maintain their profit margins.
Also Read Swiggy Share Price Target
Waaree Energies Share Price Target 2025
Target ₹ 3900 – ₹ 4400
We expect Waaree Energies’ share price target to reach Rs 3500, and in a bull case scenario to Rs 4400, fueled by exponential demand and revenue growth. Here are some important key points discussed that could impact growth trajectory and the share price.
Waaree Energies Share Price Target 2026
Target ₹5150 – ₹5600
Waaree Energies’ share price target is anticipated to reach Rs 5,150 and in the bull case scenario, Rs 5600 is driven by strong fundamentals and increasing revenue growth. Here are some crucial points discussed, that may affect its growth and share price target.
Waaree Energies Share Price Target 2030
Target ₹13000 – ₹14200
We anticipate Waaree Energies’ share price target to reach at the end of 2030 Rs 13,000 and in the bull case scenario Rs 14,200 fueled by robust growth in revenue. Here are some key points discussed below which may increase revenue growth trajectory as well as share price.
Waaree Energies Shareholding Report
- Retail Holding 30.5%
- Promoters Holding 64.3%
- FII 2.2%
- Domestic 0 .93%
- Bank 0.66%
- Insurance 0.25%
- Mutual Fund 1.18%
Waaree Energies Financials
Waaree Energies Business Model
Waaree Energies Limited is a leading solar module manufacturer. It provides solar energy solutions.
As Environmental challenges arise, companies like Waaree Energies take advantage of the massive demand for solar energy solutions.
Waaree Energies Peer Competitors
| Companies | Market Capitalization | CPM (In Rs) |
|---|---|---|
| Suzlon Energy | 91,679 Cr | 67.73 |
| Premier Energies | 57,460 Cr | 1,274 |
| NTPC Green Energy | 1,19,000 Cr | 141 |