Waaree Energies Share Price Target Tomorrow 2024 To 2030- Stock Market Update

Waaree Energies Ltd is a leading Indian solar energy company known for manufacturing high-quality solar panels and offering end-to-end solar solutions. Founded in 1989, the company has grown to be one of India’s largest solar PV module manufacturers with a strong presence in over 350 locations across India and around 68 countries worldwide. Waaree provides a wide range of services, including solar power plant development, EPC (Engineering, Procurement, and Construction) services, and energy storage solutions. Waaree Energies Share Price on NSE as of 4 November 2024 is 2,991.10 INR. Here will provide you more details on Waaree Energies Share Price Target 2024, 2025, 2026 to 2030.

Waaree Energies Ltd: Market Overview

• Open: 2,909.65
• Previous Close: 2,890.10
• Volume: 12,683,638
• All Time High: 3,016.00
• All Time Low: 2,300.00
• Book Value Per Share: 143.67
• Value (Lacs): 379,316.88
• High: 3,016.00
• Low: 2,712.00
• UC Limit: 3,468.10
• LC Limit: 2,312.10
• 52 Week High: 3,016.00
• 52 Week Low: 1,503.00
• Face Value: 10
• Beta: -3.48
• Mkt Cap (Rs. Cr.): 85,914

Waaree Energies Share Price Chart

Waaree Energies Share Price Target Tomorrow 2024 To 2030

Waaree Energies Share Price Target 2024

Waaree Energies share price target 2024 Expected target could be ₹3,090. Here are three risks and challenges that could impact Waaree Energies’ share price target in 2024:

• Supply Chain Disruptions: As Waaree relies on various global and domestic suppliers for materials like polysilicon and other components, any disruption in the supply chain could impact production timelines, increase costs, and affect its ability to meet demand.
• Regulatory Changes: Waaree operates in a sector highly influenced by government policies, subsidies, and incentives for renewable energy. Any policy changes or reduction in support for solar energy could impact the company’s growth prospects and profitability.

• Market Competition: The solar industry in India is becoming increasingly competitive, with many domestic and international players entering the market. This intense competition may pressure Waaree’s margins and could affect its market share and pricing strategies.

Waaree Energies Share Price Target 2025

Waaree Energies share price target 2025 Expected target could be ₹3,940. Here are three potential risks and challenges for Waaree Energies’ share price target in 2025:

• Fluctuating Raw Material Costs: The prices of key materials like polysilicon and other photovoltaic components can fluctuate, impacting production costs. Rising raw material costs can lead to higher expenses, potentially squeezing profit margins if the company is unable to pass on the costs to customers.
• Technological Advancements: The solar industry is evolving rapidly, with continuous advancements in solar technology. Waaree needs to keep pace with these innovations to remain competitive. Failing to do so could result in outdated product offerings, making it harder to attract customers.

• International Competition: Increased competition from well-funded international companies could pose a challenge, especially if they offer advanced products at competitive prices. This may put pressure on Waaree’s market share and profitability in the fast-growing solar industry in India.

Waaree Energies Share Price Target 2030

Waaree Energies share price target 2030 Expected target could be ₹13,000. Here are three potential risks and challenges for Waaree Energies’ share price target in 2030:

• Policy and Regulatory Changes: The renewable energy sector relies on supportive government policies, subsidies, and incentives. If future regulations shift or subsidies decrease, Waaree may face increased costs or reduced demand, impacting its long-term profitability and growth.
• Environmental and Climate Risks: Solar power production is vulnerable to environmental factors such as extreme weather and climate change. As climate conditions evolve, solar energy production could face disruptions, affecting Waaree’s performance and investor confidence in its long-term stability.

• Technological Disruption: With the rapid pace of technological advancements, new and more efficient renewable technologies could emerge by 2030, posing a challenge to Waaree’s existing product line. Keeping up with such advancements will require significant investment, and failure to do so could result in a loss of market relevance.

Waaree Energies Ltd Shareholding Pattern

• Retails: 23.6%
• Mutual Funds: 1.2%
• Others: 8.7%
• FII: 2.2%
• Promoters: 64.3%

FOR MORE DETAIL FOLLOW THE OFFICIAL WEBSITE: http://waaree.com/

Waaree Energies Ltd Financials

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