In just five trading sessions, share price of Waaree Energies have zoomed nearly 26%, catching the attention of investors across Dalal Street. The renewable energy company, which manufactures solar panels, has been on a hot streak. In today’s trading session, the share price of Waaree Energies surged 9,3% to hit a high of Rs 2,855.
Moreover, in the nine straight sessions the stock price of this renewable stocks has seen a massive rally, notching up a 36% gain over that stretch. But what exactly is powering this clean energy surge?
Let’s break down the four big reasons behind the recent rally in this buzzing stock.
Waaree Energies Q4 Results: A solar-powered profit surge
The trigger for the latest rally came from Waaree Energies’ blockbuster Q4 performance. The company posted a 34% year-on-year jump in net profit, touching Rs 618.9 crore. Revenue also shone bright, climbing 36% to Rs 4,003.9 crore.
But the real show-stealer was the EBITDA performance, up a massive 116% YoY, reaching Rs 1,059.6 crore for the quarter. The company’s EBITDA margin also improved significantly, rising from 16.3% to 25.6%.
Waaree Energies management guidance for FY26
What made the earnings report even more exciting was the company’s forward-looking optimism. In its investor presentation, the management projected EBITDA for FY26 to be in the range of Rs 5,500-Rs 6,000 crore- almost double from current levels. CEO Amit Paithankar called FY25 a “pivotal inflection point,” highlighting how scale, strategy, and execution came together to drive industry leading performance.
Growing demand for solar energy
In the broader framework, India is pushing hard on its renewable energy goals, and solar is at the centre of it all. Waaree, with an installed capacity of 15 GW for solar modules and 5.4 GW for solar cells, is well-positioned to meet this surging demand.
The clean energy sector is attracting both policy attention and investor capital, and Waaree, being one of the leading players, is benefiting from the tailwinds of the green energy transition.
Waaree Energies stock performance
The share price of Waaree Energies has surged 19% in the last one month. On a six-month basis, the stock has delivered a 24% return, while on a yearly basis, it has gained 25%. So far this year, the stock has risen by 2%.
The company’s market capitalisation has now crossed Rs 81,590 crore. The stock’s 52-week high stands at Rs 3,743, while the 52-week low is Rs 1,863.