Waaree Energies set for 41% rally? 3 reasons why Emkay Global bets big on $30 million deal
Emkay Global maintains a positive outlook on Waaree Energies, giving it a 'Buy' rating and a target price of Rs 4,260, anticipating a 41% growth in the next year. The company's recent acquisition of United Solar Holding Inc. for $30 million gives it a significant stake in a polysilicon plant in Oman, aligning with the India-Oman Comprehensive Economic Partnership Agreement.