Get started

Waareerenewables

WAREE RENEWABLE - 700% ROI in 2024!! Price Analysis & Overview: 1. Current structure is bearish - made double top - lower high. 2. The stock is pumped too aggressively. 3. NO NEW ENTRIES AT CMP! RRR is unfavourable. 4. Only above 2510 the prices structure should turn bullish. - Stay tuned for further insights, updates and trade safely! - If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading! Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing. Thanks & Regards, Anubrata Ray
BSE:WAAREERTL
by SuperNova396
WAAREERTL - Waaree Renewables Waaree Renewables Technologies Ltd operates in the renewable energy sector , primarily involved in power generation from sustainable sources . Additionally, the company offers consultancy services in this field. The company specializes in various aspects of solar photovoltaic (PV) energy, emphasizing solar pumps, solar parks, captive consumption, floating solar installations, and rooftop solar systems. Its offerings encompass floating solar solutions, rooftop solar solutions, and engineering, procurement, and construction (EPC) solutions for ground-mounted solar projects. 🔹 Technicals: ▸ Basing after the extended up move ▸ There was a shakeout in late May-early June and the price rallied nearly 90% afterwards. ▸ The current PA seems to be a shakeout near the 20, 50 EMAs. ▸ Additionally, there is a demand zone at 1075-1160, which has acted as a support in the last 3 weeks. 🔸 Financials: March 2023 ▸ Sales: 351 Cr ▸ Sales Growth: 116% ▸ Net Profit: 55 Cr ▸ Net Profit Growth: 511% ▸ Debt/Reserves ratio: 61% ▸ OPM: 24% March 2022 ▸ Sales: 162 Cr ▸ Sales Growth: 1146% ▸ Net Profit: 9 Cr ▸ Net Profit Growth: 450% ▸ Debt/Reserves ratio: 466% ▸ OPM: 15% March 2021 ▸ Sales: 13 Cr ▸ Sales Growth: 116% ▸ Net Profit: -2 Cr ▸ Net Profit Growth: -66% ▸ Debt/Reserves ratio: 11700% ▸ OPM: 54% Disclaimer: I am NOT a SEBI Registered Analyst and the information provided here is NOT investment advice. This post is intended solely for educational purposes.
BSE:WAAREERTL
by aditichawla
1