Waaree Energies Ltd

Stage 4 · Declining · week 14

As of 9 Oct 2026, Waaree Energies is in Stage 4 — declining, a downtrend, in week 14 (since 3 Jul 2026). It closed at ₹2,323, 35.9% below its 52-week high and below its 200-day average, which is falling. In Industrials, 25.9% of stocks are in Stage 2.

Waaree Energies Limited manufactures and exports solar photovoltaic modules for residential, commercial, industrial, and institutional projects. More about the company

₹2,323
+0.26% today
₹66,821 Cr · Large cap
Market Neutral — FadingIndustrials 25.9% in Stage 2-3.4 pts / 20dRenewable Energy Equipment & Services 14.3%+7.2 pts

Pro read

Pro

Our read

Declining — below its long-term trend

Setup score

—

Momentum

Steady

Edge

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Is WAAREEENER early, or has it already run? Pro answers that for every NSE stock, after every close.

₹2,999 · 12 months₹1,999 · 6 months
Loading price chart…
vs 52W High
-35.9%
₹2,317 lo₹3,625.4 hi
35.9% below 52W high — deep Stage 4 damage
In Stage 4, distance from the 52W high reflects ongoing decline — not a discount. Avoid catching falling knives.
Stage Maturity
Week 14
1w13w26w
Week 14 — 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
-19.0%
200 DMA: ₹2,868.9 · 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
0.54x
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 · -4.2% vs MA50 -5.2%
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.
1M
-9.6%
3M
-20.5%
6M
-25.7%
YTD
-25.0%
1Y
-30.2%
Sector
Industrials
↓ Peaking
Stage 2%
25.9%
20d Δ
-3.4pp
1M return
-5.0%
3M return
-3.8%
Sector Stage-2 % · last 20 days
Sector has 128 Stage 2 leaders. See Industrials Stage 2 →
Industry
Renewable Energy Equipment & Services
↑ Building
Stage 2%
14.3%
20d Δ
+7.2pp
1M return
-10.4%
3M return
-17.0%
Industry Stage-2 % · last 20 days
Stage Cycle Timeline2024-10-28 → 2026-10-09
S? 41w
S2 15w
S4 11w
S4 14w
2024-10-282026-10-09
S1S2S3S4Setup score (0–10, dashed line at 5)
S? 41w → S2 15w → S3 6w → S4 11w → S1 7w → S2 5w → S3 1w → S4 14w current
Total tracked: 101 weeks across 8 stage runs.
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
2026-10-09S4
Wk 14 · Vol 0.54x
2026-10-08S4
Wk 14 · Vol 0.93x
2026-10-07S4
Wk 14 · Vol 0.65x
2026-10-06S4
Wk 14 · Vol 0.59x
2026-10-05S4
Wk 13 · Vol 0.51x
2026-10-01S4
Wk 13 · Vol 1.25x
2026-09-30S4
Wk 13 · Vol 0.58x
2026-09-29S4
Wk 13 · Vol 1.04x
2026-09-28S4
Wk 13 · Vol 0.84x
2026-09-25S4
Wk 12 · Vol 0.90x
2026-09-24S4
Wk 12 · Vol 0.57x
2026-09-23S4
Wk 12 · Vol 0.53x
Sector Peers — Stage 2All →
SHIVAUM
wk 27 · -1.1% from hi
9.4
SAMBHV
wk 10 · -2.7% from hi
9.0
LOKESHMACH
wk 27 · -3.2% from hi
8.9
SPECTRUM
wk 18 · -3.5% from hi
8.9
AXISCADES
wk 3 · -9.8% from hi
8.8
Moving averages & range
50 DMA
₹2,572.9
200 DMA
₹2,868.9
52W High
₹3,625.4
52W Low
₹2,317
5D Low
₹2,317
Resistance levels (recent highs)
20d High
₹2,625
60d High
₹2,840.7
120d High
₹3,502.9
250d High
₹3,625.4
Next resistance
+13.0%
to 20d High
Ask the Market AI about WAAREEENERAsk →
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
About this companyIndustrials· Renewable Energy Equipment & Services

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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All analytics based on EOD data. Data as of 2026-10-09. Past data patterns are not indicative of future results. This page is a data analytics tool only.