₹ 3509.2
Key Takeaways
Risk factor
Meaningful price volatility
Profitability factor
Very strong margins and returns
About
Waaree Energies Limited manufactures and exports solar photovoltaic modules for residential, commercial, industrial, and institutional projects. It operates through three segments: Solar Photovoltaic Module Manufacturing, EPC and O&M Solutions, and the Independent Power Producer. The company offers HJT, TOPCon, mono PERC, polycrystalline, flexible, and special modules; off-grid and on-grid inverters; and solar products, such as...
Company Valuation
Based on key historical and expected multiples, the stock is overvalued relative to its peers. Specifically, the stock is fairly valued on P/E, overvalued on EV/EBITD.
Target Price
The average target price of WAAREEENER.NS is 3017 and suggests 13% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendati
