# WAAREEENER (WAAREEENER) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/waareeener

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹2,537.8
- Change: +2.62%
- As of: 2026-09-18
- 1D return: +3.55%
- 5D return: +0.50%
- 1M return: -4.27%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-09-18_

### Technical Outlook

As of September 18, 2026, WAAREEENER is trading below key moving averages across daily and monthly timeframes, indicating a bearish technical stance. The weekly timeframe shows a conflicting signal, with the price above its Supertrend indicator, suggesting potential short-term support.

Daily indicators like the ADX at 31.44 suggest a trending market, but the price is below the 20-day Exponential Moving Average (EMA) of ₹2589.79 and the 50-day EMA of ₹2683.66. The monthly trend also appears bearish, with the price below the 20-day EMA of ₹2824.51 and the Supertrend at ₹3953.47.

Nearest support is observed around ₹2548.67, just below the current price of ₹2560.7. Resistance is noted at ₹2725.61, approximately 6.44% higher. The stock has experienced recent anomalies, including a high-severity upward volume with price move on September 18, 2026, and an extreme downward gap on September 15, 2026. The annualized volatility stands at 43%, with a current drawdown of -32%.

Key watch conditions include monitoring the price action around the ₹2548.67 support level. A sustained break below this could signal further downside. Conversely, a move above the nearest resistance at ₹2725.61, especially on increased volume, would be a key condition to watch for a potential shift in the technical setup.

- Current price on September 18, 2026: ₹2560.7
- Nearest support level: ₹2548.67
- Nearest resistance level: ₹2725.61 (6.44% above current price)
- Daily and monthly timeframes show price below key moving averages, indicating a bearish trend.
- Weekly timeframe shows price above Supertrend, suggesting a conflicting signal.

- Inside Bar
- Outside Bar
- Doji
- Bullish Engulfing Reversal
- Harami

### News Context

Waaree Renewable Energy's strategic expansion into AI-ready data centers was highlighted, leveraging its existing infrastructure in solar, storage, and grid capabilities. This move, however, presents potential challenges related to capital expenditure and execution.

Additionally, the company was recognized by Goldman Sachs as one of 42 stocks included in its "India AI Enablers" portfolio, alongside other notable companies like Netweb, Tata Power, and Sterlite Tech. Separately, on September 15, 2026, market analyst Vaishali Parekh identified Waaree as one of three stocks to watch for a potential gap-up opening, based on Gift Nifty indicators.

- September 18, 2026: Waaree Renewable Energy identified as an "AI Enabler" by Goldman Sachs.
- September 15, 2026: Waaree Renewable Energy's expansion into AI-ready data centers noted, with potential implications for capital expenditure and execution.
- September 15, 2026: Analyst Vaishali Parekh included Waaree among three stocks for potential gap-up opening based on Gift Nifty.
- September 15, 2026: Broader market sentiment indicated a potential higher opening for Indian indices, with Gift Nifty showing positive signals amidst mixed global cues.

- Waaree, Netweb, Tata Power, Sterlite Tech among 42 stocks in Goldman Sachs’ India AI Enablers portfolio
- Abakkus’ playbook in focus: Seven years without an IT large cap holding and other exceptions
- Market prediction: What Gift Nifty says for opening; Vaishali Parekh gives 3 stocks - HDFC Bank, Cochin Shipyard, Waaree
- Stock market today: Trade guide for Sensex, Nifty 50, crude oil to gold | Eight stocks to buy
- Waaree Renewable’s data centre push raises the stakes

### What Changed

As of September 18, 2026, Waaree Energies (WAAREEENER) has been included in Goldman Sachs' "India AI Enablers" portfolio, alongside other notable companies like Netweb, Tata Power, and Sterlite Tech. This development highlights the company's perceived role in the artificial intelligence ecosystem. In terms of recent price movement, the stock closed at ₹2560.7 on September 18, 2026, an increase from its previous closing price of ₹2473.0. The company continues to be listed on the NSE.

- On September 18, 2026, Waaree Energies was named in Goldman Sachs' "India AI Enablers" portfolio.
- The stock closed at ₹2560.7 on September 18, 2026.
- The previous closing price was ₹2473.0.
- Waaree Energies is listed on the NSE.

- Waaree, Netweb, Tata Power, Sterlite Tech among 42 stocks in Goldman Sachs’ India AI Enablers portfolio

### Official Filings

Waaree Energies Limited has provided updates on its operational performance and upcoming corporate actions. The company reported a record annual module production of 12 GW and revenue of ₹20,990.51 Crores for the fiscal year ending March 31, 2026, marking a 64.44% year-on-year growth. This performance was detailed in its Business Responsibility and Sustainability Report (BRSR) for FY 2025-26, which also included key sustainability metrics.

Looking ahead, the company is preparing for its 36th Annual General Meeting (AGM) on September 24, 2026. At the AGM, shareholders will consider the audited financial statements for FY 2025-26, and a final dividend of ₹2 per equity share has been proposed. The meeting agenda also includes the re-appointment of a Whole-Time Director and the appointment of a new Independent Director, Ms. Mona Bhide, for a five-year term starting August 30, 2026. Additionally, the company has secured a significant contract from the Solar Energy Corporation of India Limited to develop a 700 MW solar and 700 MW/2800 MWh energy storage solution project in Solapur, Maharashtra, with a 25-year Power Purchase Agreement.

- On September 2, 2026, Waaree Energies reported FY 2026 revenue of ₹20,990.51 Crores, a 64.44% year-on-year increase, and 12 GW annual module production.
- The 36th Annual General Meeting is scheduled for September 24, 2026, to adopt FY 2025-26 financial statements.
- A final dividend of ₹2 per equity share is proposed for FY 2025-26.
- Ms. Mona Bhide is proposed for appointment as an Independent Director for a five-year term from August 30, 2026, to August 29, 2031.
- On August 27, 2026, the company received an order from Solar Energy Corporation of India Limited for a 700 MW solar and 700 MW/2800 MWh energy storage project.

- Waaree Energies Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- Waaree Energies Limited has informed the Exchange about Copy of Newspaper Publication regarding the Notice of the 36th Annual General Meeting and e-voting information. |SUBJECT: Copy of Newspaper Publication
- Waaree Energies Limited has informed the Exchange regarding 'Business Responsibility and Sustainability Report ("BRSR")' forming part of the Annual Report for FY 2025 - 26. |SUBJECT: Updates
- Waaree Energies Limited has informed the Exchange regarding Notice of the 36th Annual General Meeting to be held on September 24, 2026 at 11:00 A.M. (IST). |SUBJECT: Shareholders meeting
- Waaree Energies Limited has informed the Exchange regarding 'Letter sent to Shareholders'. |SUBJECT: Updates
- Waaree Energies Limited has informed the Exchange about Notice of Shareholders Meeting for Annual General Meeting to be held on 24-Sep-2026 |SUBJECT: Notice Of Shareholders Meetings-XBRL
- AS ON DATE : 02-SEP-26
- Waaree Energies Limited has informed the Exchange about Copy of Newspaper Publication regarding the 36th Annual General Meeting. |SUBJECT: Copy of Newspaper Publication
- Waaree Energies Limited has informed the Exchange about Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosures Requirements) Regulations, 2015. |SUBJECT: General Updates
- Waaree Energies Limited has informed the Exchange about Bagging/Receiving of orders/contracts (Sub-para 4-Para B) |SUBJECT: Bagging/Receiving of orders/contracts (Sub-para 4-Para B)

### Fundamentals

Waaree Energies reported revenue from operations of ₹7,931.79 crore for Q1 FY2026-27. This follows revenues of ₹7,565.05 crore in Q3 FY2025-26 and ₹8,480.25 crore in Q4 FY2025-26. Profit Before Tax (PBT) for Q1 FY2026-27 was ₹1,210.38 crore, a decrease from ₹1,469.02 crore in Q3 FY2025-26 and ₹1,407.95 crore in Q4 FY2025-26. Consequently, Profit Loss For Period (Net Profit) declined to ₹891.87 crore in Q1 FY2026-27, compared to ₹1,106.79 crore in Q3 FY2025-26 and ₹1,126.26 crore in Q4 FY2025-26. Basic Earnings Per Share (EPS) followed a similar trend, decreasing to ₹29.56 per share in Q1 FY2026-27 from ₹36.95 in Q3 FY2025-26 and ₹36.91 in Q4 FY2025-26. The company's tax expense in Q1 FY2026-27 was ₹318.51 crore, compared to ₹362.23 crore in Q3 FY2025-26 and ₹281.69 crore in Q4 FY2025-26. Investors may wish to monitor the company's ability to maintain revenue levels and improve profitability margins in upcoming quarters.

- Revenue from operations for Q1 FY2026-27 stood at ₹7,931.79 crore.
- Profit Before Tax decreased sequentially to ₹1,210.38 crore in Q1 FY2026-27.
- Net Profit for Q1 FY2026-27 was ₹891.87 crore, down from the previous two reported quarters.
- Basic EPS declined to ₹29.56 per share in Q1 FY2026-27.
- Tax expense in Q1 FY2026-27 was ₹318.51 crore.

### Bull Case

The company's recent strategic expansion into AI-ready data centers, leveraging its existing solar, storage, and grid infrastructure, presents a potentially constructive development. This move aligns with the group's broader infrastructure capabilities. Additionally, the company has been noted as part of Goldman Sachs' India AI Enablers portfolio, suggesting external recognition of its role in the evolving technology landscape. On a technical basis, the weekly trend indicator shows a bullish signal, although daily and monthly indicators are currently bearish.

- Waaree Energies is expanding into AI-ready data centers, utilizing its solar, storage, and grid infrastructure.
- The company is included in Goldman Sachs' India AI Enablers portfolio.
- The weekly technical trend indicator is currently showing a bullish signal.

- Waaree, Netweb, Tata Power, Sterlite Tech among 42 stocks in Goldman Sachs’ India AI Enablers portfolio
- Abakkus’ playbook in focus: Seven years without an IT large cap holding and other exceptions
- Market prediction: What Gift Nifty says for opening; Vaishali Parekh gives 3 stocks - HDFC Bank, Cochin Shipyard, Waaree
- Stock market today: Trade guide for Sensex, Nifty 50, crude oil to gold | Eight stocks to buy
- Waaree Renewable’s data centre push raises the stakes

### Bear Case

The company's recent performance and technical indicators suggest a cautious outlook. The stock has experienced a notable decline over the past year, with a 1-year return of -27%. This downward trend is further indicated by several technical metrics. On a daily basis, the Exponential Moving Average (EMA) of 20 periods is below the EMA of 50 periods, and the slope of these averages is negative, suggesting a weakening trend. The Supertrend indicator is also signaling a bearish direction. Monthly technicals reinforce this caution, with the Supertrend indicator in a bearish state and the 20-day EMA below the 50-day EMA. The stock is trading below its 200-day Simple Moving Average (SMA), which stood at ₹2912.03 as of September 18, 2026. The company's entry into AI-ready data centers, while leveraging existing infrastructure, may also test its capital expenditure and execution capabilities.

- The stock has a 1-year return of -27% as of September 18, 2026.
- Daily technical indicators, including EMA and Supertrend, signal a bearish trend.
- Monthly technical indicators also show a bearish Supertrend direction and EMAs below their 50-period counterparts.
- The stock is trading below its 200-day SMA of ₹2912.03.
- The expansion into data centers presents potential challenges for capital expenditure and execution.

- Waaree, Netweb, Tata Power, Sterlite Tech among 42 stocks in Goldman Sachs’ India AI Enablers portfolio
- Abakkus’ playbook in focus: Seven years without an IT large cap holding and other exceptions
- Market prediction: What Gift Nifty says for opening; Vaishali Parekh gives 3 stocks - HDFC Bank, Cochin Shipyard, Waaree
- Stock market today: Trade guide for Sensex, Nifty 50, crude oil to gold | Eight stocks to buy
- Waaree Renewable’s data centre push raises the stakes

### FAQs

**What was Waaree Energies' financial performance for the fiscal year ending March 31, 2026?**

For the fiscal year ending March 31, 2026, Waaree Energies reported revenue of ₹20,990.51 Crores, representing a 64.44% year-on-year growth. The company also achieved a record annual module production of 12 GW during this period.

**What are the key upcoming events for Waaree Energies shareholders?**

Waaree Energies will hold its 36th Annual General Meeting on September 24, 2026, at 11:00 AM IST via video conferencing. Shareholders will consider the audited financial statements for the fiscal year ending March 31, 2026, and a final dividend of ₹2 per equity share has been proposed. The record date for this dividend was September 11, 2026.

**What is the current technical trend for Waaree Energies, and what are the key support and resistance levels?**

As of September 18, 2026, the daily trend for Waaree Energies indicates a bearish direction with the Supertrend indicator at 2677.8. The weekly trend, however, shows a bullish direction with the Supertrend at 2528.45. Key support levels are observed around ₹2548.67 and ₹2502.67, while nearest resistance levels are identified at ₹2725.61 and ₹2948.68.

**What is Waaree Energies' recent performance over different time periods?**

As of September 18, 2026, Waaree Energies has shown the following returns: a 4% return in the last day, a -5% return over the last month, a -16% return over the last three months, and a -27% return over the last year. Year-to-date, the return is -13%.

**What is Waaree Energies' involvement in data centers, and what are the potential implications?**

Waaree Energies is expanding into AI-ready data centers, leveraging its existing solar, storage, and grid infrastructure. This move could potentially test the company's capital expenditure and execution capabilities.

- Waaree, Netweb, Tata Power, Sterlite Tech among 42 stocks in Goldman Sachs’ India AI Enablers portfolio
- Abakkus’ playbook in focus: Seven years without an IT large cap holding and other exceptions
- Market prediction: What Gift Nifty says for opening; Vaishali Parekh gives 3 stocks - HDFC Bank, Cochin Shipyard, Waaree
- Stock market today: Trade guide for Sensex, Nifty 50, crude oil to gold | Eight stocks to buy
- Waaree Renewable’s data centre push raises the stakes
- Waaree Energies Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- Waaree Energies Limited has informed the Exchange about Copy of Newspaper Publication regarding the Notice of the 36th Annual General Meeting and e-voting information. |SUBJECT: Copy of Newspaper Publication
- Waaree Energies Limited has informed the Exchange regarding 'Business Responsibility and Sustainability Report ("BRSR")' forming part of the Annual Report for FY 2025 - 26. |SUBJECT: Updates
- Waaree Energies Limited has informed the Exchange regarding Notice of the 36th Annual General Meeting to be held on September 24, 2026 at 11:00 A.M. (IST). |SUBJECT: Shareholders meeting
- Waaree Energies Limited has informed the Exchange regarding 'Letter sent to Shareholders'. |SUBJECT: Updates
## Technical analytics

- As of: 2026-09-18
- Daily trend: Strong Downtrend
- Weekly trend: Weak Downtrend
- Pivot point: ₹2,486.33
- Risk regime: Higher Price Risk

### Support levels
- 2548.29453125
- 2403
- 2086.75

### Resistance levels
- 2725.60625
- 2948.6828125
- 3085.61484375

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +3.55% |
| return_10 | -0.74% |
| return_1m | -5.48% |
| return_1y | -26.85% |
| return_20 | -4.27% |
| return_3m | -16.48% |
| return_5 | +0.50% |
| return_6m | -19.60% |
| return_since_start | -10.53% |
| return_ytd | -13.35% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | high_risk |
| label | Higher price risk |
| summary | Recent drawdown or price variability is materially high and may lead to larger short-term outcomes. |
| maximum_drawdown | -35.32% |
| annualized_volatility | +43.48% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Sequential Revenue and Profit Dip, While Year-over-Year Growth Remains High

For the quarter ended 30 June 2026, Waaree Energies reported a sequential decline in revenue and profit from the previous quarter, yet both metrics remained substantially above the same quarter a year earlier. The drop in net profit was steeper than the fall in pre-tax profit, partly due to a higher effective tax rate. Inter-segment revenue jumped, reflecting increased internal activity within the vertically integrated business.

## Revenue from Operations

Revenue from operations for Q1 FY2026-27 was ₹7,931.79 crore, a 6.5% decrease from ₹8,480.25 crore in the preceding quarter. This followed consecutive quarterly increases in the prior two periods. On a year-over-year basis, revenue grew 79.2% from ₹4,425.83 crore in Q1 FY2025-26, reflecting substantial expansion compared to the same period last year.

## Profitability and Tax

Profit before tax (PBT) was ₹1,210.38 crore, down 14.0% from ₹1,407.95 crore in Q4 FY2025-26, but up 28.3% from ₹943.36 crore a year ago. Profit after tax (PAT) declined more sharply, falling 20.8% sequentially to ₹891.87 crore, while rising 15.4% year-over-year.

The tax expense for the quarter was ₹318.51 crore, an increase of 13.1% from the previous quarter and 86.8% from the same quarter last year. The effective tax rate (tax expense as a percentage of PBT) rose to approximately 26.3% in Q1 FY2026-27, compared to about 20.0% in Q4 FY2025-26 and 18.1% in Q1 FY2025-26. This higher tax rate amplified the sequential decline in net profit relative to pre-tax profit.

## Earnings Per Share

Basic earnings per share (EPS) was ₹29.56, down 19.9% from ₹36.91 in Q4 FY2025-26, but up 14.0% from ₹25.94 a year ago. Diluted EPS was ₹29.50, showing a similar pattern. The gap between basic and diluted EPS remained narrow, indicating minimal dilution from potential equity instruments.

## Inter-Segment Revenue

Inter-segment revenue reached ₹391.88 crore in Q1 FY2026-27, a substantial increase from ₹46.89 crore in Q1 FY2025-26 (up 735.7%) and from ₹271.96 crore in Q3 FY2025-26 (up 44.1%). This rapid growth indicates expanding internal transactions within the company's vertically integrated operations, which span solar cells, modules, EPC, and other energy solutions. The magnitude of inter-segment revenue, while still small relative to total revenue from operations, has grown significantly over the past year.

## Key Takeaway

The first quarter of fiscal 2027 showed a sequential pullback from the prior quarter's higher revenue and profit levels, but the year-over-year comparisons show substantial growth. The increase in the effective tax rate was a notable factor in the profit decline. The rapid growth in inter-segment revenue points to deepening internal integration. Overall, the quarter reflects a moderation after a strong previous quarter, with the business still operating at a much higher level than a year ago.

### Ratios

## Official filings

- 2026-09-16 — Generic Announcement: Waaree Energies Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/WAAREE_16092026164211_InvestorMeet_signed.pdf)
- 2026-09-03 — Generic Announcement: Waaree Energies Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/WAAREE_03092026131149_PostDispatchNewspaper_signed.pdf)
- 2026-09-02 — Generic Announcement: Waaree Energies Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/WAAREE_02092026222656_BRSRIntimation_signed.pdf)
- 2026-09-02 — Generic Announcement: Waaree Energies Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/WAAREE_02092026221351_NoticeofAGMintimation_signed.pdf)
- 2026-09-02 — Generic Announcement: Waaree Energies Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/WAAREE_02092026222944_InlandLetterIntimation_signed.pdf)
- 2026-09-02 — Generic Announcement: Waaree Energies Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/NOTICE_OF_SHAREHOLDERS_MEETINGS_20023_WebXMLFile_20260902_230027699.xml)
- 2026-09-01 — Annual Report: Waaree Energies Limited — [Official attachment](https://nsearchives.nseindia.com/annual_reports/AR_31183_WAAREEENER_2025_2026_A_26682485_02092026222243.pdf)
- 2026-08-31 — Generic Announcement: Waaree Energies Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/WAAREE_31082026170437_Predispatch_signed.pdf)
- 2026-08-28 — Generic Announcement: Waaree Energies Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/WAAREE_28082026142550_Intimationofsearch_SSOPL_signed.pdf)
- 2026-08-28 — Generic Announcement: Waaree Energies Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_PARA_B_20023_WebXMLFile_20260828_143635819.xml)
- 2026-08-28 — Generic Announcement: Waaree Energies Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/WAAREE_28082026142932_LOA_signed.pdf)
- 2026-08-24 — Generic Announcement: Waaree Energies Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/WAAREE_24082026194303_InvestorMeet_signed.pdf)
- 2026-08-24 — Generic Announcement: Waaree Energies Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_20023_WebXMLFile_20260824_194647812.xml)
- 2026-08-20 — Generic Announcement: Waaree Energies Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_20023_WebXMLFile_20260820_183826321.xml)
- 2026-08-20 — Generic Announcement: Waaree Energies Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/WAAREE_20082026183530_PlantVisit_signed.pdf)
- 2026-08-17 — Regulatory Filing: Waaree Energies Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/WAAREEENER29111_08172026144817_52628.zip)
- 2026-08-13 — Generic Announcement: Waaree Energies Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/WAAREE_13082026192221_StockexchangeJVagreement_signed.pdf)
- 2026-08-13 — Generic Announcement: Waaree Energies Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_20023_WebXMLFile_20260813_122900856.xml)
- 2026-08-12 — Generic Announcement: Waaree Energies Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/WAAREE_12082026203649_Stockexchangeintimation_signed.pdf)
- 2026-08-07 — Generic Announcement: Waaree Energies Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_20023_WebXMLFile_20260807_191224288.xml)
- 2026-08-07 — Generic Announcement: Waaree Energies Limited announced the incorporation of its wholly-owned step-down subsidiary, WCES Two Private Limited, on August 4, 2026. This new entity, which is part of the Hydrogen Business and will focus on supplying green hydrogen, was incorporated by Waaree Clean Energy Solutions Private Limited, a wholly-owned subsidiary of Waaree Energies. WCES Two Private Limited is incorporated in India and has not yet commenced business operations, with a reported turnover of Nil. — [Official attachment](https://nsearchives.nseindia.com/corporate/WAAREE_07082026190819_Intimation_signed.pdf)
- 2026-08-07 — Shareholding Disclosure: Waaree Energies Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/team_bbodade_07082026191945_WAAREEENER.pdf)
- 2026-08-07 — Generic Announcement: On August 07, 2026, Waaree Smart Meters Private Limited, a subsidiary of Waaree Energies Limited, acquired 24.21% of Eppeltone Engineers Limited for approximately Rs. 21.78 crores in cash. Eppeltone Engineers Limited specializes in manufacturing electronic energy meters, including smart meters, and its acquisition aims to strengthen Waaree's presence in the energy value chain. The transaction is not a related party transaction. — [Official attachment](https://nsearchives.nseindia.com/corporate/WAAREE_07082026190618_Intimation_signed.pdf)
- 2026-08-07 — Generic Announcement: Waaree Energies Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_20023_WebXMLFile_20260807_191139109.xml)
- 2026-08-06 — Generic Announcement: Waaree Energies Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_20023_WebXMLFile_20260806_173329511.xml)

## News and market events

- 2026-09-18 — BUSINESSTODAY: **Waaree, Netweb, Tata Power, Sterlite Tech among 42 stocks in Goldman Sachs’ India AI Enablers portfolio** — Waaree Energies share price, Netweb share price, Tata Power share price, Sterlite Tech share price, Adani Enterprises share price, Kaynes Tech share price, Goldman Sachs, AI Enablers — [Source](https://www.businesstoday.in/markets/stocks/story/waaree-netweb-tata-power-sterlite-tech-among-42-stocks-in-goldman-sachs-india-ai-enablers-portfolio-556362-2026-09-18)
- 2026-09-17 — MONEYCONTROL: **Abakkus’ playbook in focus: Seven years without an IT large cap holding and other exceptions** — Abakkus — [Source](https://www.moneycontrol.com/news/business/markets/abakkus-playbook-in-focus-seven-years-without-an-it-large-cap-holding-and-other-exceptions-14031890.html)
- 2026-09-15 — Mint: **Market prediction: What Gift Nifty says for opening; Vaishali Parekh gives 3 stocks - HDFC Bank, Cochin Shipyard, Waaree** — Stock market prediction: Vaishali Parekh has predicted a gap-up opening, as the Gift Nifty live chart is trading above the previous spot Nifty 50 close and its previous close — [Source](https://www.livemint.com/market/stock-market-news/market-prediction-what-gift-nifty-says-for-opening-vaishali-parekh-gives-3-stocks-hdfc-bank-cochin-shipyard-waaree-11789441055807.html)
- 2026-09-15 — Mint: **Stock market today: Trade guide for Sensex, Nifty 50, crude oil to gold | Eight stocks to buy** — Indian stock market indices, Sensex and Nifty 50, are set to open higher on 15 September amid mixed global signals. Sensex and Nifty ended lower previously, but GIFT Nifty shows a positive start. Crude oil prices remain a concern for market stability. — [Source](https://www.livemint.com/market/stock-market-news/stock-market-today-trade-guide-for-sensex-nifty-50-crude-oil-to-gold-eight-stocks-to-buy-11789434902080.html)
- 2026-09-15 — Mint: **Waaree Renewable’s data centre push raises the stakes** — The group’s entry into AI-ready data centres leverages its expanding solar, storage, and grid infrastructure, but the move could test its capex and execution bandwidth. — [Source](https://www.livemint.com/market/mark-to-market/waaree-renewable-technologies-sunstar-data-centers-ai-data-centres-india-11789370615415.html)
- 2026-09-10 — BUSINESSTODAY: **Waaree Energies, Astra Microwave, Texmaco Rail among stocks to turn ex-dividend on September 11** — Waaree Energies, Astra Microwave Products, Texmaco Rail, Finolex Industries, Aarti Industries, Bajaj Healthcare, Ceigall India, Apar Industries, Venkys, CSL Finance — [Source](https://www.businesstoday.in/markets/stocks/story/waaree-energies-astra-microwave-texmaco-rail-among-stocks-to-turn-ex-dividend-on-september-11-554621-2026-09-10)
- 2026-09-09 — The Hindu: **Andhra Pradesh unveils roadmap to ensure 24X7 quality power supply amid El Niño challenges** — Andhra Pradesh will procure 1600 mw of new thermal power through competitive bidding with developers required to maintain 15 day coal stock to ensure 24 7 supply and el nino resilience. — [Source](https://www.thehindu.com/news/cities/vijayawada/andhra-pradesh-unveils-roadmap-to-ensure-24x7-quality-power-supply-amid-el-nino-challenges/article71442392.ece)
- 2026-09-01 — The Hindu: **Waaree Transpower pumps ₹192 crore into high-voltage transformer plant** — The new plant is scheduled to become operational by April 2027; will allow Waaree Transpower to serve customers across 132 kV, 220 kV, and 400 kV voltage classes — [Source](https://www.thehindubusinessline.com/companies/waaree-transpower-pumps-192-crore-into-high-voltage-transformer-plant/article71414814.ece)
- 2026-08-14 — The Hindu: **Sensex today | Stock Market Live: Sensex falls over 250 points, Nifty slips 0.24% amid West Asia concerns** — Sensex, Nifty, Share Prices LIVE: Indian equity markets traded lower on Friday as persistent West Asia tensions and continued foreign investor selling weighed on sentiment. Easing expectations of a September US Federal Reserve rate hike and softer crude prices offered some support, limiting the decline. — [Source](https://www.thehindubusinessline.com/markets/sensex-nifty50-today-stock-market-live-updates-14th-august-2026/article71341547.ece)
- 2026-08-10 — CNBC-TV18: **Sensex Today | Stock Market LIVE Updates: Nifty around 24,600; Paytm shares jump 8%** — Sensex Today | Stock Market LIVE Updates: We are at the halfway mark of the first day of trade, and the markets are trading in a volatile space, as the Nifty index remains cautious. The index is looking to hold onto the 24,500 mark. The Nifty Bank is also under pressure, down 100 points. SBI, Adani Ports and HDFC Life are the top laggards. — [Source](https://www.cnbctv18.com/market/stock-market-live-updates-sensex-nifty-50-today-oil-banks-midcaps-bajaj-fin-pfc-kaynes-ola-bharat-forge-share-price-liveblog-19965161.htm)
- 2026-07-31 — MONEYCONTROL: **Waaree Energies plans Rs 30,000 crore capex over next 3 years; FY27 spend seen at Rs 9,000 crore** — waaree energies, solar cell, solar modules, US facility, battery energy storage system — [Source](https://www.moneycontrol.com/news/power/waaree-energies-plans-rs-30-000-crore-capex-over-next-3-years-fy27-spend-seen-at-rs-9-000-crore-13990158.html)
- 2026-07-31 — MONEYCONTROL: **Buy Waaree Energies; target of Rs 3333: Anand Rathi** — Anand Rathi, Waaree Energies, buy, Recommendations — [Source](https://www.moneycontrol.com/news/business/stocks/buy-waaree-energies-target-of-rs-3333-anand-rathi-13990083.html)
- 2026-07-30 — MONEYCONTROL: **Price Action: Vardhman Textiles jumps 2% on strong Q1; Vedanta Oil & Gas, Hexaware fall after earnings** — Buzzing Stocks — [Source](https://www.moneycontrol.com/news/business/stocks/price-action-vardhman-textiles-jumps-2-on-strong-q1-vedanta-oil-gas-hexaware-fall-after-earnings-13988435.html)
- 2026-07-30 — The Hindu: **Q1 Results Today Live: Gillette Q1 profit up 9.4% y-o-y, Bajaj Finance, M&M, Tata Steel, Vedanta, Torrent Pharma, Hyundai Motor, IRFC, Swiggy, NSDL to announce Q1 results** — Q1 Results Today, 30th July 2026 Live Updates: Stay tuned for more from businessline — [Source](https://www.thehindubusinessline.com/markets/q1-results-today-live-updates-bajaj-finance-mampm-tata-steel-swiggy-awl-agri-torrent-pharma-hyundai-motor-irfc-mankind-vedanta-gillette-mazagon-thermax-ajanta-nuvama-nsdl-niva-bupa-results-30-july-202/article71280963.ece)
- 2026-07-30 — CNBC-TV18: **Sensex Today | Stock Market LIVE Updates: Nifty remains above 24,250; Redington shares up 10%** — Sensex Today | Stock Market LIVE Updates: Today is the monthly expiry of the Sensex contracts. 24,000 on the downside is key for the Nifty, while the July 17 high of 24,367 is the first hurdle to cross on the upside — [Source](https://www.cnbctv18.com/market/stock-market-live-updates-sensex-nifty-50-today-expiry-infosys-it-eicher-dabur-vedanta-irfc-asian-paints-share-price-liveblog-19957305.htm)
- 2026-07-30 — Mint: **Waaree Energies share price fell 6% despite strong Q1 results 2026; here's why** — Waaree Energies shares fell over 6% following Q1 FY27 results, despite 14% YoY profit growth to  ₹850 crore and a 79% revenue increase to  ₹7,932 crore. Concerns over narrowed EBITDA margins triggered investor selling pressure. — [Source](https://www.livemint.com/market/stock-market-news/renewable-energy-stock-waaree-energies-share-price-fell-6-despite-strong-q1-results-2026-heres-why-11785389816080.html)
- 2026-07-30 — CNBC-TV18: **Q1 Results LIVE Updates: Eicher Motors target price raised; MTAR Tech up 5%, M&M reports today** — Q1 Results LIVE Updates: Bajaj Finance, M&M and Tata Steel are the three Nifty results for the day, along with broader market names like Hyundai Motor, Vedanta, Vedanta Aluminium, Swiggy, Mazagon Dock, Torrent Pharma, Thermax and many others. Eicher Motors, Dabur, three Vedanta demerged units, Bajaj Housing, Hexaware and many more also react to numbers. Watch this space for all the LIVE Q1 results updates. — [Source](https://www.cnbctv18.com/market/q1-results-live-updates-today-bajaj-finance-mm-tata-steel-eicher-dabur-mazagon-dock-swiggy-syngene-irfc-vedanta-aluminium-mtar-hyundai-lic-liveblog-19957385.htm)
- 2026-07-30 — CNBC-TV18: **The biggest movers on the Nifty 500 index today** — From strong Q1 earnings beats to margin pressures, here's a complete look at what drove today's biggest Nifty 500 movers and how each stock stacks up against its 52-week levels. Check out which stocks were moving the Nifty 500 at market open today. — [Source](https://www.cnbctv18.com/photos/market/nifty-500-top-gainers-losers-redington-balkrishna-syrma-gallant-wipro-hexaware-syngene-waaree-19957530.htm)
- 2026-07-30 — The Hindu: **Sensex today | Stock Market Live: Sensex, Nifty trade flat; IT stocks lead gains; Waaree Energies shares fall over 6%** — Sensex, Nifty, Stock Price Live Updates: Indian benchmark indices traded marginally higher in early deals on Thursday, led by a broad-based rally in IT stocks, even as investors remained cautious over elevated crude oil prices, geopolitical tensions in West Asia and uncertainty surrounding the US Federal Reserve's policy outlook. — [Source](https://www.thehindubusinessline.com/markets/sensex-nifty50-today-stock-market-live-updates-30th-july-2026/article71281731.ece)
- 2026-07-30 — The Hindu: **Waaree Energies shares fall over 6% despite ₹850 crore Q1 profit** — Domestic brokerage JM Financial said the company’s first-quarter performance was an all-round miss. The brokerage said revenue stood at ₹79 billion, including one-off revenue of ₹3.5 billion. — [Source](https://www.thehindubusinessline.com/markets/waaree-energies-shares-fall-over-6-despite-850-crore-q1-profit/article71284394.ece)

## Business profile

**Strategic vision:** Manufactures solar components and provides integrated energy solutions.

### Business segments
- **PV Modules and Solar Cells:** Manufactures high-performance solar PV modules and solar cells, which are core components for solar energy systems.
- **Energy Solutions:** Provides comprehensive energy solutions including inverters, smart meters, green hydrogen, battery energy storage, and transformers.
- **Engineering, Procurement, & Construction (EPC) Services:** Offers comprehensive services for the execution of large-scale solar projects.

### Competitive strengths
- Vertically integrated operations across the solar value chain.
- End-to-end solutions for energy transition.
- Global distribution to over 24 countries.

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## Freshness and sources

- Data as of: 2026-09-18
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/waareeener
Markdown representation: https://faxioms.com/stocks/waareeener?render=md