Capital Goods - Electrical Equipment
Capital Goods - Solar
from 2,624 today
Waaree's reported quarterly performance was complemented by reciprocal tariff reversal, masking a weak operational quarter. We trim our estimates and valuation multiple for FY27/28 and maintain BUY rating on the stock with a TP of Rs3,333, supported by its integrated manufacturing platform, record order book and long-term structural growth drivers.
Ratings and target prices as published by each firm. Each summary condenses that firm's stated view in its own note and is attributed to it; no report text is reproduced.
