Waaree Energies Ltd. (WAAREEENER): Waaree Energies Share Price Falls 6.18% Amid Market Volatility

Waaree Energies Share Price fell 6.18% to Rs 2,568.75, impacting its large cap status with a market cap of Rs 77,526.35 crore.

Waaree Energies Share Price experienced a significant decline today, falling by 6.18% to close at Rs 2,568.75. This drop comes as part of a broader market movement, with the company's market capitalisation now standing at Rs 77,526.35 crore. The data confirms the price fall but does not establish a company-specific catalyst for this movement.

Today's price action saw Waaree Energies open at Rs 2,600 and reach a high of Rs 2,627.75 before hitting a low of Rs 2,566.05. The total volume traded across BSE and NSE was 657,736 shares, with a turnover of Rs 18.76 crore. This level of trading activity reflects a significant interest in the stock, despite the downward pressure on its price.

Waaree Energies Ltd. (WAAREEENER) Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 2,568.75
Previous Close	Rs 2,738
Today's Change	Rs -169.25 (-6.18%)
Day Open	Rs 2,600
Day High	Rs 2,627.75
Day Low	Rs 2,566.05
Current Volume (BSE)	73,013
BSE Traded Volume	73,013
NSE Traded Volume	5,84,723
Combined NSE + BSE Volume	6,57,736
Turnover	Rs 18.76 crore
Market Capitalisation	Rs 77,526.35 crore
Market Cap Category	Large Cap

Waaree Energies Ltd. (WAAREEENER) traded at Rs 2,568.75. versus the previous close of Rs 2,738, a fall of 6.18%. The stock opened at Rs 2,600, reached Rs 2,627.75, touched Rs 2,566.05. Reported volume was 73,013.

Waaree Energies Ltd. (WAAREEENER) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 77,526.35 crore

The sector benchmark for P/E in the Capital Goods industry ranges widely, with a median of 24.18 and an average of 63.14. This indicates a diverse valuation landscape within the sector. Waaree Energies' market cap is significantly above the sector median of Rs 220.73 crore, reflecting its substantial size and influence in the industry.

While the company's specific ROE and ROCE figures are not available, the sector medians of 7.69% and 11.13% respectively provide a context for evaluating performance. Waaree Energies' position as a large cap entity suggests it may have a competitive edge in terms of scale and resources.

Sector and Industry Context

Metric	Value
Sector	Capital Goods
Benchmark Scope	same sector
Benchmark Median P/E	24.18x
Benchmark Average P/E	63.14x
Benchmark P/E Range	0.18x to 4,569.46x
Benchmark Median P/B	2.58x
Benchmark Median ROE	7.69%
Benchmark Median ROCE	11.13%
Company Market Capitalisation	Rs 77,526.35 crore
Benchmark Median Market Cap	Rs 220.73 crore

Waaree Energies Ltd. (WAAREEENER) is classified under sector: Capital Goods.

Track today's top decliners through the Univest top decliners screener. The peer table below provides the company-level comparison.

Waaree Energies operates within the Capital Goods sector, a diverse industry encompassing various engineering and industrial equipment companies. The sector's benchmark data reveals a wide range of valuation metrics, with P/E ratios spanning from 0.18 to 4,569.46, and P/B ratios from -82.78 to 91.98. This variability highlights the differing business models and financial strategies within the sector.

The sector's average market capitalisation is Rs 26,247.28 crore, with Waaree Energies' market cap of Rs 77,526.35 crore positioning it well above the average. This indicates the company's significant market presence and potential influence within the industry. The sector's median ROE of 7.69% and ROCE of 11.13% provide a benchmark for assessing financial performance, although specific figures for Waaree Energies are not available.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
MPF Systems Ltd.	MPFSL	70,97,404.32	0.18	0.2	0	0
Bharat Bijlee Ltd.	BBL	2,916.83	24.29	1.44	5.3	7.57
HLE Glascoat Ltd.	HLEGLAS	2,909.81	60.34	5.59	54.6	41.93
Windsor Machines Ltd.	WINDMACHIN	2,863.24	4,569.46	3.76	3.87	4.98
Yash Highvoltage Limited	YASHHV	2,694.64	72.16	14.64	33.37	44.9

Waaree Energies Ltd. (WAAREEENER) has a market capitalisation of Rs 77,526.35 crore. Among the 5 peers shown, 1 have a larger market capitalisation.

In the Capital Goods sector, Waaree Energies faces competition from several peers. Notable among them are MPF Systems Ltd., Bharat Bijlee Ltd., and HLE Glascoat Ltd. Each of these companies presents unique valuation metrics and market capitalisations.

MPF Systems Ltd. stands out with a market cap of Rs 70,974.04 crore, significantly higher than Waaree Energies. Bharat Bijlee Ltd. and HLE Glascoat Ltd. have market caps of Rs 2,916.83 crore and Rs 2,909.81 crore respectively, positioning them as smaller players compared to Waaree Energies. The P/E ratios of these peers vary widely, with MPF Systems Ltd. at 0.18 and Windsor Machines Ltd. at 4,569.46, illustrating the diverse valuation landscape within the sector.

Why Investors Are Watching Waaree Energies

Investors are closely monitoring Waaree Energies due to its significant market presence and recent price action. The company's large cap status and position within the Capital Goods sector make it a key player to watch.

• Waaree Energies Share Price fell 6.18% today, surpassing the large cap threshold.
• The stock's trading volume indicates strong market interest.
• Sector benchmarks provide context for valuation and performance.
• Peer comparison highlights Waaree Energies' market positioning.

Moving forward, investors should keep an eye on market trends and sector dynamics that could influence Waaree Energies' performance. Understanding the broader industry context and peer landscape will be crucial for making informed decisions.

About Waaree Energies

Waaree Energies Ltd. is a leading company in the Capital Goods sector, specializing in the production and distribution of industrial equipment. The company operates across various segments, providing a range of products and services to meet the needs of its diverse clientele. As a large cap entity, Waaree Energies leverages its scale and resources to maintain a competitive edge in the industry.

With a focus on innovation and quality, Waaree Energies has established itself as a key player in the market. The company's extensive product portfolio and strategic partnerships enable it to cater to a wide array of industries, ensuring sustained growth and market relevance.

Track Waaree Energies Share Price on Univest

Use Waaree Energies Ltd. (WAAREEENER) live share-price page, Univest top decliners screener, Univest market blogs to review live stock data, top decliners lists and related market analysis.

Investors can track Waaree Energies Share Price on Univest for real-time updates and insights. Univest provides comprehensive data on technical indicators, fundamental ratios, shareholding patterns, and market trends, enabling investors to make informed decisions. Stay updated with the latest market movements and analysis on Univest.

Frequently Asked Questions

What caused Waaree Energies Share Price to fall today?

Ans. Waaree Energies Share Price fell 6.18% today, but the data does not specify a company-specific catalyst. Broader market forces may be influencing the stock's performance. The stock moved -6.18% during the session.

What is Waaree Energies' market capitalisation?

Ans. Waaree Energies has a market capitalisation of Rs 77,526.35 crore, positioning it as a large cap company in the Capital Goods sector. The company operates in the Capital Goods sector.

How does Waaree Energies compare to its peers?

Ans. Waaree Energies is a large cap company, significantly larger than peers like Bharat Bijlee Ltd. and HLE Glascoat Ltd., which have smaller market caps. Comparable listed companies include MPF Systems Ltd., Bharat Bijlee Ltd., HLE Glascoat Ltd.

What is the sector context for Waaree Energies?

Ans. Waaree Energies operates in the Capital Goods sector, which has a diverse range of valuation metrics and market capitalisations, reflecting varied business models. The stock belongs to the Capital Goods sector.

What are the sector benchmarks for the Capital Goods industry?

Ans. The Capital Goods sector has a P/E median of 24.18 and an average of 63.14, with a wide range of valuation metrics across companies. The stock belongs to the Capital Goods sector.

How does Waaree Energies' market cap compare to the sector average?

Ans. Waaree Energies' market cap of Rs 77,526.35 crore is significantly above the sector average of Rs 26,247.28 crore, indicating its market prominence. The company operates in the Capital Goods sector.

Where can I track Waaree Energies Share Price?

Ans. Investors can track Waaree Energies Share Price on Univest for real-time updates, technical indicators, and market insights. The stock moved -6.18% during the session. The intraday range extended from Rs 2,566.05 to Rs 2,627.75.