Waree Energies Share Price Jumps 76% In 6 Months, Touches Fresh 52-Week High Mark; What’s Fuelling The Rally?

Waaree Energies Share Price Today: Solar photovoltaic (PV) module manufacturer, Waaree Energies Limited, is stealing the spotlight from all the BSE heavyweights with its stupendous stock market rally over the past few months.

Waaree Energies shares have rallied around 76.5% in the last six months. The green energy stock continued its strong performance and touched 52-week high mark during Thursday's intraday trading session.

Waaree Energies' share price was trading 5.41% higher at Rs 3,666.1 per share on BSE with a market capitalisation of Rs 1,05,320.89 crore at 2 pm. The stock closed 7.51% higher at Rs 3739.15 per share on BSE Thursday. The green energy stock created fresh records on Thursday. The stock had touched a 52-week high mark of Rs 3,775.2 per share on BSE.

Waaree Energies Shares Shares Hit 52-Week High Mark

The green energy stock touched its 52-week high mark of Rs 3,775.52 per share on Thursday. After touching the record high mark, the stock shed some gains and was trading 5.4% higher on BSE at 2 pm. The BSE 200 company has received heightened investors interest ever since the launch of its initial public offering (IPO). Waaree Energy stock has an return on equity (RoE) of 42.78%.

Why Waaree Energies Shares Are Rising Today?

Waree Energies share price rally is fuelled by investor confidence on the green energy stock. Its strong financial position and upbeat quarterly earnings has further strengthened the confidence.

"Waaree reaffirmed its FY26E EBITDA guidance of INR55-60bn (2x YoY) led by strong demand, capacity expansion and ramp-up of the solar cell plant. Rising power needs from AI and energy storage shall support growth," noted Nuvama earlier in its report on Waaree Energies Q1FY26 result.

"Waaree Energies has emerged as India's largest solar manufacturer with 15 GW module and 5.4 GW cell capacity in India, complemented by its Texas plant expansion from 1.6 GW to 3.2 GW in 2025," Harshal Dasani, Business Head INVasset PMS told GoodReturns.

Commenting on the rally in green energy stock, Santosh Meena, Head of Research at Swastika Investmart, said, "Investors are reacting to the government's sustained support for the sector, including the commitment to maintain capital expenditure, which ensures a strong pipeline of projects. New GST reforms, which lower taxes on renewable energy equipment, also reduce project costs and boost profitability. Strong Company Performance: Several companies have recently announced robust financial results and secured significant new orders, signaling healthy business growth and execution."

What Should Be Investors' Strategy For Waaree Energies Stock

The green energy stock is positioned to ride global demand, but it faces risk from trade disputes and margin compressions, noted Dasani. He urged investors to evaluate its long-term valuation based on return ratio and capital utilisation.

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