Emkay Global predicts 32% surge in this solar stock challenging China’s dominance
Emkay Global maintains a ‘Buy’ rating on Waaree Energies with a target price of Rs 4,260, praising its unmatched scale and leadership position, de-risked global distribution and supply chain, and aggressive backward integration strategy. The company’s strategic growth in the US market and diversification into a full renewable platform also create significant advantages.