Waaree Energies

Waaree Energies Q2 Results-Numbers Up, Growth Rate Moderates

Waaree Energies Limited India’s largest module maker and now a publicly listed firm, has delivered its first set of numbers after its listing.  The company in its Q2 numbers for FY25 has delivered a profit after tax growth of 17% year on year(YoY) over Fy24, even as total income rose under 3% to Rs 3663 […]

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Green Stocks Nov 7: Stocks Dragged Down With Market

Market gyrations caught up with green sticks yet again, as most slipped along with the broader market. The standouts were solar glass maker Borosil Renewables and Shakti Pumps, which hit the upper circuit today. With most results out of the way, it is clear that many in the markets believe that upsides in green stocks […]

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Green Stocks Nov 6: Trump Bad for Climate, But Good For Green Stocks?

Perhaps it was just the relief of putting the event behind them, or a genuine hope that a Trump presidency would broadly be good for growth, but there was little doubt that Indian market seem to consider a Trump presidency better. That explains the sharp jump seen in the markets today, with our green pack […]

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Waaree RTL Q2 Results- Revenue Up 250%, PAT Up 160% YoY

BSE Listed Waaree Renewable Technologies Limited (Waaree RTL), the EPC arm of the Waaree group, has released its Q2, FY25 results. Keeping up with the trend for the past few quarters, the firm has declared yet another strong set of numbers, with operational revenues coming in at Rs 524.4 cr for the quarter, as compared […]

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Green Stock Oct 29: Listless Day For Green Stocks As Holiday Mood Sets In

Even as the market remained volatile, our green energy pack had a broadly listless day, with most stocks, other than JSW Energy which jumped over 5%, remaining range bound, with a bias towards sudden slippages. That is also a hazard of the lower trading volumes these stocks generally attract, especially the small cap stocks like […]

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Oct 28: Mixed Performance For Green Stocks

On a day when the markets finally reversed the downward trend, green stocks benefited broadly as well. the highlight of the day was no doubt the debut of Waaree energies limited, which listed at an over 50% premium and maintained that level by closing. Even that amazing start may have disappointed many observers who were […]

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Public Capital and Solar Firms- Made For Each Other?

What a difference four years can make! It was just over four years ago in September 2020 when SaurEnergy wrote about how access to capital markets was a glaring disadvantage for India’s aspiring solar firms vis-a-vis China. Highlighting the contrasting performances of the few listed firms then, namely, Adani Green (Developer), Sterling and Wilson Solar […]

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