06 Nov 2025 | 3 Mins Read
Motilal Oswal forecasts 75% gain in this renewable energy stock
Flipitmoney
Motilal Oswal Financial Services initiated coverage on Waaree Energies with a "buy" rating and a ₹4,000 price target, projecting a 19% upside. The target implies a 75% potential gain. Waaree Energies has a 5.4 GW cell capacity and 16.1 GW module capacity, with a high India capacity market share, and a ₹47,000 crore order book.