energy · WAAREEENER
Waaree Energies
Waaree Energies: PE below historical average. ROTATIONAL regime.
Price
₹2,675
Price 2026-08-20
5 day
-0.26%
Short-term move
1 month
-2.09%
Medium-term
Regime
ROTATIONAL
68% confidence
Market cap
₹81.7k Cr
neutral sector flow
Market Intelligence Analyst
Understand today's market in about 2 minutes.
“How does today's ROTATIONAL regime affect Waaree Energies (WAAREEENER) in the energy sector?”
Price chart
₹2,709
-15.45% over period
About Waaree Energies
Waaree Energies Limited manufactures and exports solar photovoltaic modules for residential, commercial, industrial, and institutional projects. It operates through three segments: Solar Photovoltaic Module Manufacturing, EPC and O&M Solutions, and the Independent Power Producer. The company offers HJT, TOPCon, mono PERC, polycrystalline, flexible, and special modules; off-grid and on-grid inverters; and solar products, such as solar streetlights, water heaters, and water pumps. It also provides engineering, procurement, and construction solutions; and operation and maintenance services; and operates as an independent power producer, which generates renewable energy. The company was founded in 1989 and is based in Mumbai, India.
At a Glance
52-week position
Trading at 69.2% of 52-week high
Technicals
RSI 14
49
Trend
downtrend
50 DMA
Below
200 DMA
Below
Key metrics
P/E ratio
22.1
29th pct · 7 quarterly points (limited history)
P/B
5.7
ROE
31.6%
Strong profitability — 31.6% return on equity
Market cap
₹81.7k Cr
Revenue growth
11180.0% YoY
Promoter
68.3%
52-week range
₹2,403 – ₹3,865
69.2% of high
RSI (14)
49.0
downtrend
vs 50 DMA
Below
DMA ₹2,825.99
Coverage
100/100
HIGH
Quick Take
Waaree Energies: PE below historical average. ROTATIONAL regime.
Peer comparison
| Stock | Price | 5D | P/E | ROE | Rev growth | Mcap |
|---|---|---|---|---|---|---|
| ADANIGREEN Adani Green Energy | ₹1,301.8 | -1.3% | 158.1 | 7.6% | 1430% | ₹2.5L Cr |
| ADANIENSOL Adani Energy Solutions | ₹1,548.5 | -2.2% | 88.5 | 9.7% | 1680% | ₹2.0L Cr |
| BPCL Bharat Petroleum | ₹308.7 | -2.0% | 5.2 | 28.5% | 670% | ₹1.3L Cr |
| GAIL GAIL India | ₹172.5 | -1.9% | 15.1 | 8.7% | -240% | ₹1.1L Cr |
| HINDPETRO Hindustan Petroleum | ₹363.2 | -2.8% | 4.8 | 30.9% | 490% | ₹86.4k Cr |
| ATGL Adani Total Gas | ₹657.65 | +0.4% | 119.7 | 14.5% | 1610% | ₹78.2k Cr |
| AEGISLOG Aegis Logistics | ₹1,336.2 | +7.2% | 54 | 15.3% | 5220% | ₹48.6k Cr |
| CASTROLIND Castrol India | ₹188.57 | +0.6% | 19 | N/A | 870% | ₹18.2k Cr |
| WAAREEENER Waaree Energies | ₹2,675 | -0.5% | 22.1 | 31.6% | 11180% | ₹81.7k Cr |
Tensions to watch
PE in bottom 29% historically — undervaluation or fundamental deterioration?
Low PE can signal value OR declining growth expectations. Check recent earnings and sector outlook.
Key Watchpoints
Breaks above ₹2809 (+5%)
Trend reversal confirmation
Breaks below ₹2541 (-5%)
Further downside risk
PE reverts to median of 22.4 (7 quarterly points (limited history))
Valuation normalization
Energy sector entering leadership
Sector rotation signal
