WAAREEENER · Industrials · 2026-08-21

Waaree Energies Ltd

Stage 4 · wk 8In scan: Breakout WatchMARKET: BULL RISING · 2026-08-21
₹2,678.2
+0.12% today
₹77,039 Cr · Large cap
About this companyIndustrials· Renewable Energy Equipment & Services
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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.

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P/E (TTM)
27.5
Forward 18.0
Earnings Growth (YoY)
+71.2%
Revenue +111.8%
ROE
+31.6%
Profit margin +14.0%
Dividend Yield
0.13%
P/B 6.2
vs 52W High
-28.3%
₹2,419 lo₹3,737.7 hi
28.3% below 52W high — ongoing decline
In Stage 4, distance from the 52W high reflects ongoing decline — not a discount. Avoid catching falling knives.
Stage Maturity
Week 8
1w13w26w
Week 8 — established downtrend
How long this stock has been in Stage 4 decline. The longer the downtrend, the more entrenched the selling pressure — there's no 'bottom' time to buy.
vs 200 DMA
-10.0%
200 DMA: ₹2,976.5 · sloping down
In Stage 4, the stock is below its 200 DMA — the hallmark of a downtrend. No long positions warranted until this reverses structurally.
Rel Volume
0.56x
vs 50-day avg
High volume on down days in Stage 4 confirms institutional selling. Low volume bounces are typical — they lack real buyers and should not be mistaken for reversals.
Trend Health
↓
MA20 rolling over · -1.8% vs MA50 -4.8%
Two-layer momentum read: the glyph shows whether the 20-day MA is rising (↑/↗), flat (→), or rolling over (↓). The ⇈ flag fires when the 20-day MA is pulling away from the 50-day MA — short-term momentum building on top of the longer trend. Best when both glyphs agree.
Sector
Industrials
↑ Building
Stage 2%
37.6%
20d Δ
+1.4pp
1M return
+4.5%
3M return
+8.2%
Sector Stage-2 % · last 20 days
Sector has 162 Stage 2 leaders. See Industrials Stage 2 →
Industry
Renewable Energy Equipment & Services
→ Flat
Stage 2%
21.4%
20d Δ
+0.0pp
1M return
-0.8%
3M return
+2.0%
Industry Stage-2 % · last 20 days
Price + Volume Chart
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Stage Cycle Timeline2024-10-28 → 2026-08-21
S? 41w
S2 15w
S4 11w
2024-10-282026-08-21
S1S2S3S4Setup score (0–10, dashed line at 5)
S? 41w → S2 15w → S3 6w → S4 11w → S1 7w → S2 5w → S3 1w → S4 7w current
Total tracked: 94 weeks across 8 stage runs.
1M
-1.2%
3M
-10.7%
6M
-14.1%
YTD
-10.1%
1Y
-8.9%
Scan Membership
Breakout Watch
Latest: 2026-05-21
2 appearances in last 60 days. First seen: 2025-08-14.
Stocks that stay in the scan for 13+ weeks are in the highest observed-return cohort — they keep qualifying because the structure remains intact, not by luck. Persistence in the scan is itself a quality signal.
Recent Stage Timeline
2026-08-21S4
Wk 8 · Vol —x
2026-08-20S4
Wk 7 · Vol —x
2026-08-19S4
Wk 7 · Vol —x
2026-08-18S4
Wk 7 · Vol —x
2026-08-17S4
Wk 7 · Vol —x
2026-08-14S4
Wk 7 · Vol —x
2026-08-13S4
Wk 6 · Vol —x
2026-08-12S4
Wk 6 · Vol —x
2026-08-11S4
Wk 6 · Vol —x
2026-08-10S4
Wk 6 · Vol —x
2026-08-07S4
Wk 6 · Vol —x
2026-08-06S4
Wk 5 · Vol —x
Sector Peers — Stage 2All →
MARINE
wk 13 · -0.3% from hi
9.8
RATNAVEER
wk 14 · -0.8% from hi
9.8
UNIVCABLES
wk 14 · -8.7% from hi
9.4
TIIL
wk 13 · 0.0% from hi
9.3
RKFORGE
wk 3 · -2.4% from hi
9.2
Moving averages & range
50 DMA
₹2,819.4
200 DMA
₹2,976.5
52W High
₹3,737.7
52W Low
₹2,419
5D Low
₹2,675
Resistance levels (recent highs)
20d High
₹2,741.4
60d High
₹3,140.8
120d High
₹3,502.9
250d High
₹3,737.7
Next resistance
+2.4%
to 20d High

All analytics based on EOD data. Data as of 2026-08-21. Past data patterns are not indicative of future results. This page is a data analytics tool only.