Waaree Renewables Shows Strong Short-Term Gains Amid Mixed Long-Term Performance

Waaree Renewables Technologies has experienced significant activity today, with a notable gain of 9.12% as of March 24, 2025. This performance has allowed the stock to outperform its sector by 2.92%. Over the past five days, Waaree has shown a consistent upward trend, accumulating a total return of 14.13%. The stock reached an intraday high of Rs 900, reflecting a 4.85% increase during the trading session.
In terms of moving averages, Waaree Renewables is currently positioned above its 5-day and 20-day moving averages, although it remains below the 50-day, 100-day, and 200-day moving averages. This indicates a mixed performance in the short to medium term.

In the broader market context, the Sensex has also shown positive momentum, rising by 1.15% today and marking its third consecutive week of gains. The small-cap segment is leading the market, with the BSE Small Cap index up by 1.44%. Despite recent gains, Waaree Renewables has faced challenges over longer periods, with a 36.27% decline over the past year, contrasting sharply with its impressive 1,521.62% increase over the last three years.