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F-14/15, Orbit Mall, Civil Lines, Jaipur-302006 support@thetaxheaven.comWaaree Renewable Technologies Ltd, one of India’s fastest-growing renewable energy EPC and solar solutions companies, has gained strong momentum backed by India’s aggressive shift toward clean energy. With rising solar capacity installations, government-backed renewable policies, and Waaree’s expanding EPC portfolio, the company has emerged as a key player in the renewable transition.
In this article, we analyze the Waaree Renewable Technologies Ltd share price target from 2026 to 2030, based on the latest financial data, market performance, industry growth trends, and company fundamentals.
| Detail | Value |
|---|---|
| Open | ₹939.00 |
| Previous Close | ₹943.10 |
| Day’s High | ₹947.20 |
| Day’s Low | ₹920.50 |
| VWAP | ₹935.24 |
| Volume | 2,95,510 |
| Value (Lacs) | 2,782.23 |
| Market Capitalization | ₹9,814 Cr |
| Beta | 1.76 |
| 20D Avg Volume | 3,09,830 |
| 20D Avg Delivery (%) | 39.68% |
| 52-Week High | ₹1,358.00 |
| 52-Week Low | ₹841.15 |
| All-Time High | ₹1,358.00 |
| All-Time Low | ₹841.15 |
| UC Limit | ₹1,131.70 |
| LC Limit | ₹754.50 |
| Face Value | ₹2 |
| Book Value Per Share | ₹30.56 |
| Dividend Yield | 0.11% |
| Investor Type | Holding (%) |
|---|---|
| Promoters | 74.39% |
| Retail & Others | 24.11% |
| Foreign Institutions | 1.38% |
| Mutual Funds | 0.09% |
| Other Domestic Institutions | 0.03% |
The extremely high promoter holding indicates strong long-term faith in the company’s future growth trajectory.
Waaree Renewable Technologies is part of the Waaree Group, a major name in solar energy solutions. The company operates as an EPC player and undertakes large-scale solar power project development across India. With India targeting 500 GW of renewable capacity by 2030, Waaree is strategically positioned to leverage massive sectoral demand.
Strong presence in solar EPC and turnkey project execution
Beneficiary of India’s renewable energy expansion
Strong promoter backing with high ownership
Ability to scale rapidly due to rising project pipeline
Improving financial strength and operational efficiency
India aims to achieve 280 GW of solar energy by 2030
Growing demand from corporates for captive solar installations
Rising investments in green hydrogen and solar parks
EPC companies like Waaree to benefit from government tenders and policies
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2026 | 1,180 | 1,260 |
| 2027 | 1,320 | 1,440 |
| 2028 | 1,470 | 1,620 |
| 2029 | 1,650 | 1,820 |
| 2030 | 1,850 | 2,050 |
These projections incorporate industry growth, Waaree’s capacity to scale, promoter-driven expansion, and historical valuation trends.
By 2026, the company is expected to benefit from increased renewable project rollouts.
Growth Drivers:
Higher EPC order inflows
Continued demand for rooftop and utility solar installations
Strong policy support for renewable developers
Investment View: Suitable for medium-term growth investors focusing on renewable energy.
In 2027, Waaree’s EPC capabilities and rapid project execution may deliver strong revenue growth.
Growth Drivers:
Expansion into newer geographies
Corporate PPA opportunities rising
Scaling of solar park development
Investment View: Attractive for long-term investors betting on India’s green energy boom.
By 2028, Waaree may diversify further into advanced renewable technologies.
Growth Drivers:
Adoption of higher-efficiency solar modules
Larger EPC contracts and project commissioning
Rising investor interest in green sector companies
Investment View: Good for investors seeking sector-led long-term compounding.
Waaree may establish a stronger national footprint as India nears key renewable energy milestones.
Growth Drivers:
Higher margins due to operational efficiencies
Stable EPC pipeline and stronger execution
Increasing global interest in India’s renewable sector
Investment View: Favors momentum investors seeking steady upward movement.
By 2030, Waaree could evolve into one of India’s top renewable EPC leaders.
Growth Drivers:
Larger cumulative installation base
Robust green energy investment environment
Strong government incentives for solar expansion
Investment View: Strong long-term wealth creation potential aligned with India's energy transition goals.
Solar industry growing at rapid pace
Strong order book visibility
Very high promoter holding (74%+)
Key beneficiary of India’s renewable energy targets
EPC leadership with consistent project execution
Fluctuating module prices impacting project margins
Intense competition in renewable EPC
Policy shifts in renewable subsidies
Market volatility due to high Beta (1.76)
Waaree Renewable Technologies Ltd is well-positioned to capitalize on India’s renewable energy revolution. With strong promoter backing, expanding project execution, and increasing sector demand, the company’s long-term prospects look promising.
Based on current performance and sector trends, the stock could potentially reach ₹1,850 to ₹2,050 by 2030, offering strong long-term opportunities for investors aligned with the green energy theme.
1. What is the current share price of Waaree Renewable Technologies Ltd?
It opened at ₹939.00, with a high of ₹947.20 for the day.
2. What is the 2026 share price target?
₹1,180 to ₹1,260.
3. Is Waaree Renewable Technologies Ltd a good long-term investment?
Yes, for investors focused on renewable energy growth and long-term sustainability themes.
4. What is the 2030 share price target?
₹1,850 to ₹2,050.
5. What influences Waaree’s stock the most?
Renewable energy policies, EPC order book, execution performance, solar module pricing, and sector demand.
Disclaimer: This article is for educational purposes only. Please consult a financial advisor before making investment decisions.
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