Waaree Renewables share price target: In this article, you will read about Waaree Renewables Share Price Target prediction for this year’s end and the upcoming years 2025, 2027, 2030, and 2035.
By the end of this article, you may get an idea about Waaree Renewables, and the expected share price target. We will do the analysis and predict whether the stock is best for long-term investment or not.
Waaree Renewables Overview:
Waaree Renewables Technology Limited (WRTL) is a subsidiary company of Waaree Group and spearheading the Solar EPC business. It was founded in the year 1999, headquarters are located at Mumbai, India. Waaree Renewables Managing Director was Mr. Pujan Doshi. Waaree Renewables has 72 employees according to 2023. Waaree Group has successfully installed 10000+ solar projects. It’s subsidiaries are Sangam Rooftop Solar Private Limited, MORE.
| Name | Waaree Renewables Technology Limited (WRTL) |
| Founded | 1999 |
| Headquarters | Mumbai, India |
| Country | India |
| Managing Director | Mr. Pujan Doshi |
| Number of employees | 72 (2023) |
| Parent organization | Waaree Energies Limited |
| Subsidiaries | Sangam Rooftop Solar Private Limited, MORE |
| Website | waareertl.com |
| Profile | waaree-rtl |
Waaree Renewables History:
- 2011-12: Successfully commissioned first solar EPC project of 10MW. Commissioned 3 EPC projects in first year of operations.
- 2012-13: Executed first thin film EPC project for a Sugar factory.
- 2013-14: EPC portfolio expanded to 100MW Marquee project for FMCG company was executed in record time.
- 2014-15: Entered in a JV with Mini Ratna Company Nipco to develop a 50MW IPP project. Successfully execute 50MW EPC project well with in time, and took repeat order for 25 MW.
- 2015-18: Became one of the most preferred brand for Solar EPC Commissioned over 5000 Rooftop and Ground Mounted projects.
- 2018-20: Commissioned first Floating Solar Project for a Govt Entity. Executed first International EPC project in Vietnam, in shortest span, 50MW in 100Days. Portfolio of over 10000 projects executed globally.
Shareholding Pattern of Waaree Renewables:
| Promotors | 74.46% |
| Retail And Others | 25.54% |
Waaree Technologies Ltd Stock details:
| BSE Script Code | 539337 |
| Face Value | 10 |
| BSE Script ID | WAAREE |
| ISIN Number | INE725P01012 |
| Industry | Power Generation |
| Series | |
| 52 Week High | ₹1,829.00 (Feb 26, 2024) |
| 52 Week Low | ₹185.00 (Mar 03, 2023) |
Fundamentals of Waaree Renewables:
The market cap of Waaree Renewables is ₹12,155Cr. The number of shares outstanding is 2.08 Cr.. And Earnings per share is ₹50.99. From the table below, you can get to know about the Price of the earnings Ratio (P/E), BOOK VALUE, Price to book (P/B), and many more like Dividend yield.
| Market Cap | ₹12,155Cr |
| No. of Shares | 2.08 Cr. |
| P/E ratio[TTM] | 144.44 |
| P/B ratio | 107.76 |
| Industry P/E | 34.97 |
| Debt to Equity | 0.34 |
| ROE | 59.22% |
| ROCE | 98.93% |
| EPS[TTM] | 50.99 |
| Dividend yield | 0.02% |
| Book Value | 54.15 |
| Face Value | 10 |
| Sales Growth | 122.54% |
| Profit Growth | 191.18 % |
Waaree Renewables Share Price History:
| Year | Open | Close |
| 2021 | 17.05 | 113.05 |
| 2022 | 133.15 | 158.90 |
| 2023 | 159.50 | 719.25 |
| 2024 | 755.20 | Now |
Waaree Renewables Expected Share Price Target:
| Year | Minimum Target | Maximum Target |
| 2024 | 6125 | 7000 |
| 2025 | 6900 | 8000 |
| 2026 | 7800 | 9200 |
| 2027 | 9000 | 10,600 |
| 2028 | 10,500 | 12,400 |
| 2029 | 12,400 | 14,400 |
| 2030 | 14,000 | 17,500 |
| 2035 | 30,000 | 34,000 |
Also Consider Reading: Jyothy Labs Ltd Share Price Target.
Waaree Renewables Share Price Target 2024:
| Year | Target 1 | Target 2 |
| 2024 | 6125 | 7000 |
Waaree Renewables Share Price Target 2025:
| Year | Target 1 | Target 2 |
| 2025 | 6900 | 8000 |
Waaree Renewables Share Price Target 2027:
| Year | Target 1 | Target 2 |
| 2027 | 9000 | 10,600 |
Waaree Renewables Share Price Target 2030:
| Year | Target 1 | Target 2 |
| 2030 | 14,000 | 17,500 |
Waaree Renewables Share Price Target 2035:
| Year | Target 1 | Target 2 |
| 2035 | 30,000 | 34,000 |
Conclusion:
I hope you got clarity on the Waaree Renewables Share Price Target from 2024 to 2035. This is just the prediction; You need to analyze the graph to get an idea.
FAQ:
1. What is the P/E and P/B Ratio of Waaree Renewables Ltd?
A: The Waaree Renewables Ltd P/E Ratio is 144.44 and P/B Ratio is 107.76.
2. What is the Market Cap of Waaree Renewables Ltd?
A: The Market Cap of Waaree Renewables Ltd is ₹12,155Cr.
3. What is the Share Price of Waaree Renewables Ltd in 2024?
A: The Share Price Target for Waaree Renewables Ltd in 2024 is 6125 to 7000.
4. What is the Share Price of Waaree Renewables Ltd in 2025?
A: The Share Price Target for Waaree Renewables Ltd in 2025 is 6900 to 8000.
5. What is the Share Price of Waaree Renewables Ltd in 2027?
A: The Share Price Target for Waaree Renewables Ltd in 2027 is 9000 to 10,600.
6. What is the Share Price of Waaree Renewables Ltd in 2030?
A: The Share Price Target for Waaree Renewables Ltd in 2030 is 14,000 to 17,500.
7. What is the Share Price of Waaree Renewables Ltd in 2035?
A: The Share Price Target for Waaree Renewables Ltd in 2035 is 30,000 to 34,000.
Disclaimer: Dear people, we would like to inform you that the share price target for Waaree Renewables is provided for educational and informational purposes only. The price predictions will only be valid when the market sign is positive. We do not recommend anyone to buy, sell, or hold any stock. Investors should make their analysis or take suggestions from their financial advisers/experts before making any investments.
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