Waree Energy’s shares fell 8.8% on Friday, reaching a low of Rs 2,590.20 in the BSE-Lock-In period during the BSE-Lock-In period on Friday.
These 15 trillion shares account for 53% of the company’s outstanding capital, according to a Nuvama alternative and quantitative study. However, this does not mean that all the stocks are on sale. This can now be traded if shareholders decide this.
Wauree Energies Q
Profits
Solar Panel Makers reported strong quarterly performance.
Revenue from
operations rose from 36.
% to
003.9 crore, as seen from the company’s regulatory registration, compared to Rs 2935.8 crore during the same period.
EBITDA more than doubled Rs 25 to 92.26 crore in the fourth quarter, up 120.6% compared to Rs1.83 crore in the quarter.
The company produced 2.06 GW solar modules in the fourth quarter compared to 1.35 GW in the same period last year. Module production reached 7.13 GW over a year compared to the GJ2
‘s.77 GW.
For the entire fiscal year 2005, sales increased 27.62% to Rs 1,86.06 crore. The post-tax profit was more than doubled Rs 1,932.15, down to 107.08% compared to GJ2.
According to the current stage, the average price target is Rs 2.352. The consensus rating is “sales” of four analysts.
Waaree Energy Stock Price Performance
On Thursday, Waaree Energy shares closed at Rs 2,80, at 5.51% on BSE.
Shares fell 1% annually, but increased 27% over the past three months. The current market capitalization is Rs 81,601.