WAAREEENER / NSE / Semiconductors
Waaree Energies
1Y Price Trend
Key Information
Recommendations
RatingHold
Target High3,864.4
Target Low2,402
Target Mean3
Target Median50
Risk Metrics
Overall RiskBalanced risk
Board Risk44.02
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Adani Total Gas shares surged nearly 11%, while other top index gainers included Info Edge (India), Tata Communications, JSW Energy, Waaree Energies, Premier Energies, Tata Investment Corporation, SAIL, and OIL India, which advanced between 2% and 5%.
All but one of India’s top listed solar module companies reported nil exports during the quarter ended 31 March. Market leader Waaree Energies Ltd, which had so far managed to protect its exports to the US, also reported fewer outbound shipments during the fourth quarter of FY26.
The Indian stock market declined in April's final session due to rising crude oil prices and a weak rupee, with the Nifty 50 down 0.73% and the Sensex 0.78%. Both indices recorded over 7% gains for the month, while the rupee hit a record low against the dollar.
Waaree Energies reported strong operational performance in FY26 with EBITDA surpassing guidance. While FY27 outlook is positive, margin pressures remain a concern. The company is investing heavily in expansion, but recent earnings results led to a sharp decline in stock price.
Around 50 companies will be declaring their Q4 results 2026 on Wednesday, 29 April. Here's a complete list of companies that will be releasing their Q4 earnings today.
Stock market today: The Indian stock market is likely to continue its losing streak as trends in the Gift Nifty index signalled a negative opening on Wednesday. Amid this backdrop, these stocks will remain in focus on Wednesday, 29 April.
The Indian stock market ended 1% lower on Monday. Chandan Taparia of Motilal Oswal has recommended three stocks to buy on Wednesday amid US-Iran war.
Waaree Energies shares rose 3.6% to ₹ 3,197 after approving a ₹ 3,900 crore capital expenditure for a glass manufacturing plant. The company also increased its stake in Waaree Transpower from 64.04% to 75.10%.
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