24 May 2025, Sat

Waaree renewable technologies multibagger stock: When an investor invested money in the market, it has only one objective, earning profits from it. In such a situation, he never puts money on the drowning company. Today we are going to tell you about a multibagger stock, which has given a great return of 44,999 percent during 5 years. Yes, these waaree renewable technologies. The power stock on the last trading week i.e. 16 May closed at Rs 1028.25 with a rise of 1.51 percent.

If someone had invested one lakh rupees in this company five years ago, then today it would have become Rs 4,49,99,000. That is, he would have become a millionaire.

Millionaire in five years

Waaree Renewable Technologies has told in the information given to the stock market that it has received a new award of Rs 114.23 crore from a renuble energy company. According to the information given on the BSE website, this order has been given a letter of award for setting up a solar power project under the Chief Minister Solar Krishi Vahini Yojana 2.0, which is expected to be completed by FY 2025-26.

If we talk about the profit of the Vary Renuable Technologies, it increased to Rs 93.8 crore in the fourth quarter of the financial year 2025, this profit was Rs 51.3 crore during the same period last year.

Company’s strong performance

That is, in the fourth quarter, there has been a huge jump of about 68 percent in profits. Apart from this, the profit of the company has jumped from Rs 145.2 crore to Rs 228.92 crore for the entire financial year in 2025. The company’s revenue has increased from Rs 273.3 crore to Rs 476.60 crore in January to March quarter.

Power Stock has given a spectacular return of 415.39 percent of this shares in two years and 1618 percent in three years. The company’s stock reached 52 -week peak on 16 May 2024 and was trading at 732.05 below its high on 7 April 2025.

Also read: How will the stock market be decided this week, what will be its direction

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