Waaree Renewable shares soar 30% in 3 days ahead of Q1 results; time to include in your portfolio?

Shares of Waaree Renewable Technologies Ltd extended their upward momentum for the third straight session on Thursday, rising over 5 per cent intraday to hit a high of Rs 1,265.80 on the BSE. The rally comes ahead of the company’s much-awaited June quarter (Q1FY26) results, scheduled to be announced later today.

The stock has delivered a staggering 29.7 per cent gain in just three trading sessions—rising 5 per cent on Tuesday, 17.5 per cent on Wednesday, and continuing its climb today. With this, the stock has reclaimed the Rs 1,200 mark for the first time in several months.

Strong Rebound, But Below 52-Week High and Listing Price

Despite the ongoing rally, Waaree Renewable Technologies still trades nearly 39 per cent below its 52-week high of Rs 2,074.95 touched in September 2024. The stock had fallen to a 52-week low of Rs 732.05 in April 2025, before staging a sharp recovery over the past few weeks.

In July alone, the stock is up 23 per cent, making up for a 5 per cent drop in June and building on a 10 per cent gain in May.

Notably, the company was listed in October 2023 at an issue price of Rs 1,503, and even with the recent rally, it still trades below its IPO price.

Waaree Renwable Technologies Q1FY26 Results Awaited

Investor interest has surged ahead of the release of Q1FY26 financial results, which the company is set to announce later today. In a regulatory filing, Waaree Renewable confirmed its board will meet on Thursday, July 17, to approve the unaudited standalone and consolidated financials for the quarter ended June 30, 2025.

The results come amid growing optimism around the renewable energy sector, supported by government incentives, increasing capacity additions, and improving execution across clean energy players.