If you are wondering which share will be best for investment in recent times then you should know about Waaree Renewable Share Price Target 2025, 2030, 2040, and 2050. Today in this article we will explain the basic idea about the Waaree Renewable Share Price Target 2025, 2027, 2030, 2040, and 2050. Based on our research and expert advice, this blog is about the company’s growth, performance, etc.
In this article, we will describe the company’s financial growth, the business policy of the company, the shareholding pattern of the company, and the forecast share price yearly. Waaree Renewable Share Price Target is a trading share in the share market. We use expert research and analysis to understand the Waaree Renewable Share Price Target. This article may be useful to those who want to invest in this share. Let’s explore the Waaree Renewable Share Price Target from 2025 to 2050.
Introduction
Waaree Renewable Technologies is one of India’s top manufacturers of solar panels. The location of the company’s planned breakfast expansion was chosen based on business facilitation and geographic significance. With a 12 GW installed capacity as of 2023, Waaree Renewable Technologies is one of the biggest renewable energy sources in India. The company was founded in 1989, and Mumbai is home to its headquarters.
Overview
Waaree Renewable Company installs off-site solar farms (open-access solar plants) and rooftop and ground-mounted solar projects on its property to provide renewable energy. The Gujarati locations of Waaree Renewable Company are Chikhli, Surat, Tumb, and Nandigram. One solar module provider in India that services about 500 clients is Waaree Renewable.
Company Name | Waaree Renewable Technologies Limited |
Market Cap | ₹16, 005 Crore |
Face Value | ₹2 |
Book Value | ₹29 |
P/B | 78.78 |
52 Week High | ₹3,065 |
52 Week Low | ₹230 |
DIV. YIELD | 0.15% |
Financial Data Analysis
To comprehend its performance, we need to look at the company’s PE ratio, return on equity, current ratio, and return on assets. These characteristics will be covered in the following section. These ratios likewise influence Waaree Renewable target share price.
PE Ratio | Return On Assets (ROA) | Current Ratio | Return On Equity (ROE) |
93.5 | 32.05 | 1.2 | 73.05 |
Waaree Renewable Share Price Target 2024
The primary products produced by Waaree Renewable Technologies Ltd. are PV solar models and batteries. In addition to rooftop and ground-mounted solar, capex and floating solar, and work for equipment maintenance, solar models also include renewable energy service company (RESCO) and floating solar. Solar panels are installed in reservoirs, lakes, and ponds as part of the floating solar model. In models of renewable energy service companies, the business develops rooftop solar projects from start to finish.
Year | Waaree Renewable Share Price Target 2024 |
1st Price Target | 1,465 |
2nd Price Target | 1,695 |
Also read: Gland Pharma Share Price Target 2025 to 2050
Waaree Renewable Share Price Target 2025
In the Mumbai Metro, Waaree Renewable Company finished installing solar roofing at 12 stations. Just 30% of the total power used in the Mumbai Metro Station comes from the 2.35 MW of installed rooftop solar power capacity. The Waaree Solar PV modules enable the company to supply electricity to every Metro station in Mumbai. Another is the National Thermal Power Corporation (NTPC), the first floating solar project with an installed capacity of one megawatt grid, located near Gujrat.
Year | Waaree Renewable Share Price Target 2025 |
1st Price Target | 1,735 |
2nd Price Target | 1,965 |
Waaree Renewable Share Price Target 2027
A 21MWp ground-mounted solar plant is another project in Solapur, Maharastra. It is intended to produce 34500 MWh of electricity per year from this plant. This facility produces 64312 units of Waaree 325 watt solar modules. A total of 6GW of solar modules have been supplied, and 1.1GW of solar EPC projects have been applied. The company’s primary goal is to deliver sustainable energy using an economical method.
Year | Waaree Renewable Share Price Target 2027 |
1st Price Target | 2,325 |
2nd Price Target | 2,600 |
Waaree Renewable Share Price Target 2030
In the years 2018–20, Waaree Renewable business launched its first solar project for government organizations. In under 100 days, the business also introduced the first international EPC project in Vietnam, with an installed capacity of 50MW. One of the company’s most significant initiatives in Vietnam is the international standards-compliant project. The 48.9MW Vietnam Power Plant can generate 78,655 MWh of power annually.
Year | Waaree Renewable Share Price Target 2030 |
1st Price Target | 3,425 |
2nd Price Target | 3,645 |
Waaree Renewable Share Price Target 2040
Waaree Renewables indicates continued innovation, market expansion, and rising worldwide renewable energy demand. Strong financial performance and strategic vision will increase stock value, while improved solar efficiency and market expansion will drive growth and retain sector leadership.
Year | Waaree Renewable Share Price Target 2040 |
1st Price Target | 8,000 |
2nd Price Target | 8,500 |
Waaree Renewable Share Price Target 2050
Forecasting the share price of Waaree Renewables in 2050 is somewhat speculative. Trends in the energy market, business success, the state of the economy, and regulatory changes are all important factors to take into account. Consult financial analysts and keep abreast of market changes for a better-informed perspective.
Year | Waaree Renewable Share Price Target 2050 |
1st Price Target | 14,000 |
2nd Price Target | 16,000 |
Advantages and Disadvantages Of Waaree Renewables
Every share offers various benefits as well as drawbacks. Thus, the following list of benefits and drawbacks equally applies to the Waaree Renewables Share Price Target.
Advantages
- With ₹560 crore in profits during the last three years, the company is doing well.
- The company’s revenue is growing by 340% annually.
- The corporation has a low debt load and an interest cover ratio of 70, which indicates that all debt will be paid off.
- The business has an effective cash conversation cycle of 80 days, which is highly encouraging for its expansion.
- The company’s most recent financial year 2023 ROE ratio of 73% is extremely encouraging for the business’s expansion.
Disadvantages
- A negative indicator of the company’s growth is the trending EBITDA, which is a high rate of 147% annually.
FAQs
Who is the CEO of Waaree Renewables?
Mr. Amit Paithankar is the CEO of Waaree Renewables.
Should I invest in Waaree Renewables shares right now?
Waaree Renewables’ focus on new technology, equipment, and renewable energy positions it well for future growth, even amid coal shortages. This suggests potential profitability for both short-term and long-term investments. However, it’s wise to consult financial experts before investing.
What is the Waaree Renewables share price target for 2024?
The Waaree Renewables share price target for 2024 is ₹1465 to ₹1695.
What is the Waaree Renewables share price target for 2025?
The Waaree Renewables share price target for 2025 is ₹1735 to ₹1965.
What is the Waaree Renewables share price target for 2027?
The Waaree Renewables share price target for 2027 is ₹2325 to ₹2600.
What is the Waaree Renewables share price target for 2030?
The Waaree Renewables share price target for 2030 is ₹3425 to ₹3645.
What is the Waaree Renewables share price target for 2040?
The Waaree Renewables share price target for 2040 is ₹8000 to ₹8500.
What is the Waaree Renewables share price target for 2050?
The Waaree Renewables share price target for 2050 is ₹14,000 to ₹16,000.
Conclusion
We hope https://pricepredictionhub.com/ will provide you with some fundamental knowledge on the Waaree Renewables Share Price Target. We make sure that, over time, the Waaree Renewables Share Price Target may rise to an extremely high position by conducting the necessary research and consulting with specialists. Waaree Renewables is mostly associated with renewable energy. Thus, as the need for this industry grows, so does the share’s potential for future profit.
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Disclaimer
The above-mentioned Waaree Renewables share price targets are for reference purposes only and are not assured to remain accurate. They are dependent upon favorable market circumstances, company performance, and other variables. They are predicated on the assumption of a favorable market. Always conduct your research and consult with a financial advisor before making investment decisions. Past performance does not always guarantee future results.