Skip to main content

Waaree Renewable shares continously falling, fall 20% today- why

In April 2024, the shares of Waaree Renewables Technologies Ltd had reached a high of 3037 but closed today at 951. The intriguing aspect here is that, the same share was trading around 4-5 rupees during 2017-2018, hence proving to having become a multibagger by April 2024, turning a 1 lakh investment into around 6 crore.

Waaree Renewable shares

In the last 4 trading sessions, it has crashed almost by 28%.

The stock started falling after Mr. Dilip Panjwani resigned from his position as chief financial officer (CFO) of the company for personal reasons.

 "Please accept my formal resignation from my role as Chief Financial Officer of Waaree Renewable Technologies Ltd effective today on January 7, 2025. Per discussion, please note that the last date of my employment will be January 31, 2025," Panjwani stated.

Exchanges have put the securities of Waaree Renewable Tech under the long-term Additional Surveillance Measure (ASM) framework.

On technical charts, the share traded lower than the 50-, 100-, 150-day and 200-day simple moving averages.

According to BSE, the stock has a price-to-equity (P/E) ratio of 49.43 against a price-to-book (P/B) value of 30.99. The earnings per share (EPS) stood at 19.24.

An IMPORTANT ASPECT TO NOTE IS THAT in the results of March 2020, the sales of Waaree Renewables Technologies Ltd. were only 2 crores, which increased to 867 crores by March 2024. 

Also, the company's EPS improved from 0.22 to 14.30 by March 2024. AS OF DECEMBER 2024, THE PROMOTERS HOLD 74.39% OF THE COMPANY'S SHARES.


Labels:

Popular posts from this blog

Joint Ventures, Subsidiaries, and Associates – A Complete Guide for Investors & Business Owners

Joint Ventures, Subsidiaries, and Associates – A Complete Guide for Investors & Business Owners When analyzing any company — whether for investment , business strategy , or financial reporting — you will often come across terms like Joint Venture , Subsidiary , and Associate Company . Understanding these concepts is crucial because they directly impact a company’s profitability, control, risk exposure, and valuation . Let’s break them down in simple language with examples and investor insights. 1️⃣ What is a Joint Venture (JV)? A Joint Venture (JV) is a business arrangement where two or more companies come together to start a new project or entity , sharing ownership, risks, and profits. Key Features: Shared ownership (often 50:50 or agreed ratio) Shared control Shared profits & losses Created for a specific purpose or project Example: Sony Ericsson was a joint venture between Sony and Ericsson to manufacture mobile phones. Both companies combined t...
Read more

Joint Ventures vs Subsidiaries vs Associates: Complete Guide for Smart Investors (With Examples)

Joint Ventures vs Subsidiaries vs Associates: Complete Guide for Smart Investors (With Examples) Understanding the difference between Joint Ventures (JV), Subsidiaries, and Associate Companies is extremely important for investors, stock market participants, and business owners. These structures impact financial statements, control, risk exposure, and valuation. If you analyze companies like Tata Sons , Reliance Industries Limited , or Hindustan Unilever Limited , you’ll often find a mix of subsidiaries, joint ventures, and associates in their annual reports. Let’s break everything down in a simple, investor-friendly way. 1️⃣ What is a Subsidiary Company? ✅ Control Criteria: 📌 Key Features: 🔎 Example: 2️⃣ What is an Associate Company? ✅ Ownership Criteria: 📌 Key Features: 🔎 Example: 3️⃣ What is a Joint Venture (JV)? ✅ Key Conditions: 📌 Key Features: 🔎 Example: 4️⃣ Key Differences (Comparison Table) Basis Subsidiary Associate Joint Venture Ownership >50% 20–50% Shared Contr...
Read more

free Stock Market Fundamental Analysis

Stock Market Fundamental Analysis क्या होता है फंडामेंटल एनालिसिस ?आखिर क्यों कुछ शेयर सस्ते और कुछ महंगे मिलते हैं? फंडामेंटल एनालिसिस एक तरीका है लिस्टेड शेयर्स का असली भाव पता करने का,जैसा की आप सबको पता है की जितने भी शेयर्स शेयर बाजार में है और स्टॉक एक्सचेंज पर ट्रेड होते है,आप देखते होंगे की किसी शेयर का भाव 250 रुपया है,किसी का भाव 10 रुपया है और किसी का भाव 20000 रुपया है| क्यों ऐसा होता है? क्यों हम सब ज्यादातर 10  रुपया के शेयर को सस्ता मानते है बजाये 20000 के शेयर के ? क्यों 20000 का शेयर 21000 का भी हो जाता है जबकि 10 रुपया का शेयर 8 रुपया का रह जाता है? 👉 हम 10 रुपया का शेयर खरदीना ज्यादा सही समझते है,  क्युकी 1000 रुपया के 100 शेयर आएंगे और अगर 10 रुपया का शेयर 15 रुपया जाता है तो 5000 का लाभ देगा , वही 20000 का शेयर पहले तो 1000 का मिलेगा ही नहीं और अगर 20000 का लेते हैं तो 21000  का भी होगा तो मात्रा 1000 देगा | यही सोच है न हम सबकी?  कभी आपने सोचा की वह 20000 का शेयर बहुत साल पहले 50 रुपया का ही था| तो क्या आपका 10 रुपया का शेयर भी कुछ सालों बाद 10...
Read more