Waaree Energies share price: Analysts see upto 55% upside despite target cuts after Q2 results
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Waaree Energies shares fell to a 52-week low of Rs 2,162 on Wednesday before rebounding.
- ✓Kotak Institutional Equities said the Q2 FY27 profit came in below estimates.
- ✓Many analysts still see upside potential despite target cuts.
Story at a Glance
- Category
- MARKET
- Reported By
- Business Today
- Reading Speed
- 4 Minute(s)
- Market Focus
- India Economy
Following the weak performance, shares of Waaree Energies fell to a 52-week low of Rs 2,162 on Wednesday. The stock subsequently rebounded nearly 7 per cent to Rs 2,309.95, taking its market capitalisation to around Rs 67,000 crore. However, it remains down 35 per cent from its 52-week high of Rs 3,556.10, recorded in April 2026.
According to Bloomberg consensus data, 12 of the 18 brokerages covering Waaree Energies have a 'Buy' rating on the stock. Two have a 'Sell' rating, while the remaining four have a 'Hold' rating.
Kotak Institutional Equities said Waaree Energies' Q2 FY27 profit came in below estimates, owing to weakness in the non-domestic content requirement (non-DCR) market and lower overseas revenue. The company's order book declined 4 per cent quarter-on-quarter (QoQ), while 3 GW of export orders were reportedly cancelled amid uncertainty related to Section 232 in the US.
Unlock the Full Story with ArthNow Premium
To continue reading this complete financial story and in-depth market context, upgrade to ArthNow Premium. Enjoy unlimited access across Web and Mobile.
Business Today
Read the full, original unfiltered story directly on the publisher's portal.