The stock opened at 09:18 AM on July 23 with a price of ₹970.65, which was ₹48.70 lower than the previous close. That represents a decline of 4.78 percent on the BSE index.
Despite the dip, the company reported a 34 percent increase in net profit for the June quarter, raising earnings to ₹116 crore from ₹86 crore the year before.
Revenue also grew sharply, rising 53 percent year‑on‑year to ₹924 crore, up from ₹603 crore in the same period last year.
EBITDA climbed 48 percent to ₹173 crore, compared with ₹118 crore in the previous year’s quarter.
However, the EBITDA margin slipped slightly, falling to 18.8 percent from 19.5 percent a year earlier, reflecting higher cost pressures.
In the prior trading session, the share closed at ₹1,019.35, a modest gain of 0.51 percent over the previous day.
The stock has seen a 52‑week high of ₹1,358.50 on 27 Oct 2025 and a low of ₹780 on 30 Mar 2026. Today it trades roughly 25 percent below its peak and 31 percent above its trough.
Waaree Renewable’s market capitalisation stands at ₹10,636.49 crore, reflecting its size in the renewable energy sector.
Investors are likely to keep a close eye on future earnings releases and market sentiment, which could influence the share price in the coming weeks.