WAAREERTL · Utilities · 2026-08-07

Waaree Renewable Technologies Ltd

Stage 4 · wk 3In scan: Breakout WatchMARKET: BULL TOPPING · 2026-08-07
₹908.7
+0.39% today
₹9,484 Cr · Mid cap
About this companyUtilities· Renewable Energy
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Waaree Renewable Technologies Limited engages in the generation of power through renewable energy sources in India. The company offers ground mounted solar; capex model; resco opex; rooftop solar; floating solar; and operations and maintenance solutions. It also provides engineering, procurement, and construction (EPC) services. The company serves the individual, industrial, and commercial sectors. The company was formerly known as Sangam Renewables Limited and changed its name to Waaree Renewable Technologies Limited in July 2021. The company was incorporated in 1999 and is headquartered in Mumbai, India. Waaree Renewable Technologies Limited operates as a subsidiary of Waaree Energies Limited.

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P/E (TTM)
21.5
Forward —
Earnings Growth (YoY)
+66.7%
Revenue +131.2%
vs 52W High
-31.7%
₹782.3 lo₹1,330.5 hi
31.7% 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 3
1w13w26w
Week 3 — early Stage 4 decline
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
-7.3%
200 DMA: ₹980.6 · 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
0.32x
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 · -4.9% vs MA50 -1.4%
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
Utilities
↓ Peaking
Stage 2%
22.8%
20d Δ
-7.5pp
1M return
-1.3%
3M return
-3.7%
Sector Stage-2 % · last 20 days
Sector has 12 Stage 2 leaders. See Utilities Stage 2 →
Industry
Renewable Energy
↓ Peaking
Stage 2%
10.5%
20d Δ
-5.3pp
1M return
-3.8%
3M return
-1.4%
Industry Stage-2 % · last 20 days
Industry has 2 Stage 2 leaders. See Renewable Energy Stage 2 →
Price + Volume Chart
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Stage Cycle Timeline2025-04-09 → 2026-08-07
S? 42w
S4 12w
S1 9w
2025-04-092026-08-07
S1S2S3S4Setup score (0–10, dashed line at 5)
S? 42w → S4 12w → S1 9w → S2 1w → S1 2w → S4 3w current
Total tracked: 69 weeks across 6 stage runs.
1M
-8.2%
3M
-11.6%
6M
+0.9%
YTD
-6.0%
1Y
-16.3%
Scan Membership
Breakout Watch
Latest: 2026-06-24
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
2026-08-07S4
Wk 3 · Vol —x
2026-08-06S4
Wk 3 · Vol —x
2026-08-05S4
Wk 3 · Vol —x
2026-08-04S4
Wk 3 · Vol —x
2026-08-03S4
Wk 3 · Vol —x
2026-07-31S4
Wk 2 · Vol —x
2026-07-30S4
Wk 2 · Vol —x
2026-07-29S4
Wk 2 · Vol —x
2026-07-28S4
Wk 2 · Vol —x
2026-07-27S4
Wk 2 · Vol —x
2026-07-24S4
Wk 1 · Vol —x
2026-07-23S4
Wk 1 · Vol —x
Sector Peers — Stage 2All →
GAIL
wk 7 · -4.3% from hi
5.2
WABAG
wk 11 · -11.9% from hi
5.0
DENTA
wk 1 · -28.6% from hi
5.0
SKIPPER
wk 9 · -9.9% from hi
4.9
GIPCL
wk 6 · -19.7% from hi
4.8
Moving averages & range
50 DMA
₹973
200 DMA
₹980.6
52W High
₹1,330.5
52W Low
₹782.3
5D Low
₹905.2
Resistance levels (recent highs)
20d High
₹1,020.4
60d High
₹1,040.1
120d High
₹1,116.1
250d High
₹1,330.5
Next resistance
+12.3%
to 20d High

All analytics based on EOD data. Data as of 2026-08-07. Past data patterns are not indicative of future results. This page is a data analytics tool only.