SAL

Waaree Renewable Technologies Share Price

₹1,589.2
+ 75.65 (5%)
02 November, 2024 20:08 BSE: 534618 NSE: SAL ISIN: INE299N01021

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Waaree Renewable Technologies Performance

Day Range

  • Low 0
  • High 0
₹ 1,589

52 Week Range

  • Low 0
  • High 0
₹ 1,589
  • Open Price0
  • Previous Close0
  • Volume

Waaree Renewable Technologies Chart

  • Over 1 Month -15.79%
  • Over 3 Month 0.01%
  • Over 6 Month -35.93%
  • Over 1 Year + 480.93%

Waaree Renewable Technologies Key Statistics

Waaree Renewable Technologies Investment Rating

  • Master Rating:
  • Salasar Techno Engineering has an operating revenue of Rs. 1,246.70 Cr. on a trailing 12-month basis. An annual revenue growth of 20% is outstanding, Pre-tax margin of 6% is okay, ROE of 11% is good. The company has a reasonable debt to equity of 9%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 50 which is a POOR score indicating inconsistency in earnings, a RS Rating of 49 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at D+ which indicates heavy supply, Group Rank of 148 indicates it belongs to a poor industry group of Telecom-Infrastructure and a Master Score of D is close to being the worst. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Waaree Renewable Technologies Financials
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 23627132214812760
Operating Expenses Qtr Cr 19520123612211339
Operating Profit Qtr Cr 417086261421
Depreciation Qtr Cr 211100
Interest Qtr Cr 30-1201
Tax Qtr Cr 111922746
Net Profit Qtr Cr 285366191216
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 875347
Operating Expenses Annual Cr 668266
Operating Profit Annual in Cr 19976
Depreciation Cr 30
Interest Annual Cr 41
Tax Annual Cr 5120
Net Profit Annual Cr 14959
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 11858
Cash from Investing Activity Annual Cr -115-66
Cash from Financing Annual Activity Cr 4-2
Net Cash Flow Annual Cr 6-10
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 259111
Fixed Assets Annual Cr 9789
Total Non Current Assets Annual Cr 10190
Total Current Assets Annual Cr 595165
Total Assets Annual Cr 696254
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 2554
ROE Annual % 5753
ROCE Annual % 7672
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 2424
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 23627332415012961
Operating Expenses Qtr Cr 19519823612211339
Operating Profit Qtr Cr 417588281622
Depreciation Qtr Cr 222111
Interest Qtr Cr 340212
Tax Qtr Cr 111722747
Net Profit Qtr Cr 285464181112
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 880352
Operating Expenses Annual Cr 669267
Operating Profit Annual in Cr 20784
Depreciation Cr 53
Interest Annual Cr 75
Tax Annual Cr 5022
Net Profit Annual Cr 14855
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 12765
Cash from Investing Activity Annual Cr -114-66
Cash from Financing Annual Activity Cr -6-9
Net Cash Flow Annual Cr 6-10
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 23285
Fixed Assets Annual Cr 160154
Total Non Current Assets Annual Cr 164155
Total Current Assets Annual Cr 550128
Total Assets Annual Cr 714283
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 2241
ROE Annual % 6465
ROCE Annual % 7363
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 2424

Waaree Renewable Technologies Technicals

EMA & SMA

Current Price
₹1,589.2
+ 75.65 (5%)
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹1,593.64
  • 50 Day
  • ₹1,645.56
  • 100 Day
  • ₹1,671.18
  • 200 Day
  • ₹1,519.22
  • 20 Day
  • ₹1,623.77
  • 50 Day
  • ₹1,624.75
  • 100 Day
  • ₹1,715.84
  • 200 Day
  • ₹1,669.18

Waaree Renewable Technologies Resistance and Support

PIVOT
₹1,589.2
Resistance
First Resistance 1,589.20
Second Resistance 1,589.20
Third Resistance 1,589.20
RSI 48.23
MFI 18.06
MACD Single Line -40.88
MACD -58.12
Support
First Support 1,589.20
Second Support 1,589.20
Third Supoort 1,589.20

Waaree Renewable Technologies Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 94,052 6,001,458 63.81
Week 228,951 14,829,169 64.77
1 Month 158,646 13,943,359 87.89
6 Month 292,026 24,930,229 85.37

Waaree Renewable Technologies Result Highlights

Waaree Renewable Technologies Synopsis

NSE-Telecom-Infrastructure

Salasar Techno Engineering Ltd. is a prominent player in the Indian engineering sector, specializing in the design and manufacturing of transmission towers, structural steel components, and solar mounting structures. The company caters to the power, telecom, and infrastructure industries, providing robust and reliable solutions that meet stringent quality standards. With advanced manufacturing facilities and a strong emphasis on innovation, Salasar Techno Engineering is committed to enhancing the efficiency and reliability of energy transmission and infrastructure projects. The company’s dedication to sustainability is evident in its focus on renewable energy solutions. Salasar’s reputation for quality and customer service has established it as a trusted partner in the engineering domain.
Market Cap 3,081
Sales 1,228
Shares in Float 77.70
No of funds 27
Yield
Book Value 6.28
U/D Vol ratio 1.1
LTDebt / Equity 9
Alpha 0.25
Beta 0.94

Waaree Renewable Technologies Shareholding Pattern

Owner NameSep-24Jun-24Mar-24
Promoters 54.95%57.04%63.07%
Foreign Portfolio Investors 6.49%6.66%3%
Individual Investors 30.74%28.74%26.08%
Others 7.82%7.56%7.85%

Waaree Renewable Technologies Management

Name Designation
Mr. Alok Kumar Chairman & Managing Director
Mr. Shashank Agarwal Joint Managing Director
Mr. Shalabh Agarwal Whole Time Director
Ms. Tripti Gupta Whole Time Director
Mr. Sanjay Chandak Ind.& Non Exe.Director
Mr. Vijay Kumar Jain Ind.& Non Exe.Director
Mr. Mukesh Kumar Garg Ind.& Non Exe.Director
Mrs. Garim Dhamija Ind. Non-Executive Director

Waaree Renewable Technologies Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Waaree Renewable Technologies Corporate Action

Date Purpose Remarks
2024-11-05 Quarterly Results
2024-07-30 Quarterly Results
2024-05-10 Audited Results
2024-01-20 Quarterly Results & Stock Split
2023-10-26 Quarterly Results
Date Purpose Remarks
2021-08-31 INTERIM Rs.0.50 per share(5%)Interim Dividend
Date Purpose Remarks
2024-03-16 Split Rs.0.00 split from Rs 10/- to Rs. 2/-.

Waaree Renewable Technologies FAQs

What is Share Price of Waaree Renewable Technologies ?

Waaree Renewable Technologies share price is ₹1,589 As on 02 November, 2024 | 19:54

What is the Market Cap of Waaree Renewable Technologies ?

The Market Cap of Waaree Renewable Technologies is ₹16554.9 Cr As on 02 November, 2024 | 19:54

What is the P/E ratio of Waaree Renewable Technologies ?

The P/E ratio of Waaree Renewable Technologies is 100.1 As on 02 November, 2024 | 19:54

What is the PB ratio of Waaree Renewable Technologies ?

The PB ratio of Waaree Renewable Technologies is 71.3 As on 02 November, 2024 | 19:54

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