Market Performance
Shares of Waaree Energies Ltd recorded a significant increase in trading activity on Tuesday, April 22, 2025. The stock price rose by 8.22%, closing at ₹2,645 per share on the National Stock Exchange (NSE).
- Current Price (at close): ₹2,645
- Day’s Opening Price: ₹2,520
- Day’s High: ₹2,629
- Day’s Low: ₹2,508
- Previous Close: ₹2,444.2
- Traded Volume: 52.78 lakh shares
- Traded Value: ₹1,362.32 crore
- Market Capitalisation: ₹75,986.41 crore
- Free Float Market Capitalisation: ₹6,840.38 crore
- 52-week High: ₹3,743 (as on November 6, 2024)
- 52-week Low: ₹1,863 (as on April 7, 2025)
- Percentage Above Issue Price: 53.54% (compared to issue price of ₹1,503)
Main News
Waaree Energies Ltd, a prominent entity in India’s renewable energy sector, is set to announce its audited financial results for the quarter and year ended March 31, 2025, on Tuesday, April 22, 2025.
The company also confirmed a conference call scheduled for Wednesday, April 23, 2025, at 11:00 AM IST, intended for institutional investors and analysts, to discuss the financial performance.
Company Details
Waaree Energies Limited operates extensively in the renewable energy sector and serves a wide range of domestic and international clients.
Key Domestic Clients
- Aditya Birla Group
- AMP Solar Group
- Amara Raja
- Susten
- Suzlon
- Ujaas
International Clients
- Aldo Energy
- Cengiz Holding
- Else Enerji
- Tuncmatik
Board of Directors
- Hitesh Chimanlal Doshi – Chairman and Managing Director
- Amit Ashok Paithankar – Whole-time Director and CEO
- Hitesh Pranjivan Mehta – Whole-time Director
- Richa Manoj Goyal – Independent Director
- Jayesh Dirajlal Shah – Independent Director
- Rajender Mohan Malla – Independent Director
- Sujit Kumar Varma – Independent Director
- Viren Chimanlal Doshi – Whole-time Director
Previous Quarter Financial Performance (Q3 FY25)
For the quarter ending December 2024 (Q3 FY25), Waaree Energies reported the following:
- Revenue: ₹35,452.65 crore
- Net Profits: ₹5,068.76 crore
- (Comparison: Previous year’s Q3 Net Profit was ₹1,408.05 crore)
- (Comparison: Previous year’s Q3 Revenue was ₹16,517.74 crore)
Overview
Waaree Energies’ stock price has witnessed a notable surge in anticipation of its quarterly and annual financial results for FY25. With increased trading activity and a significant rise in share price, the market has shown heightened interest in the company’s upcoming earnings report. The formal announcement is expected to provide a comprehensive insight into the company’s operational and financial performance over the past fiscal year.
Conclusion
Waaree Energies Ltd has garnered significant market attention ahead of its Q4 financial results, with its stock price climbing steadily in recent trading sessions. As a leading player in India’s renewable energy sector, the company is poised to release its earnings for the year ended March 2025, which will shed light on its overall financial health and growth. With strong domestic and international clientele, Waaree Energies continues to demonstrate its pivotal role in the renewable energy space. Investors and market participants are closely monitoring the upcoming earnings, which could provide valuable insights into the company’s future prospects.
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