Waaree Renewable Technologies Ltd shares witnessed decline of 4.71% on Bombay Stock Exchange (BSE) to settle at Rs 1015.95 per share. The Board of Directors of Waaree Renewable Technologies on January 16, 2025 approved and declared an interim dividend of Re 1.00/- per equity share of INR 2.00/- each of the company. The company fixed January 24, 2025 as the record date for dividend.
Waaree Renewable share price recorded decline of 23.30% in last 2-weeks and registered massive surge of 29,780.88%. The company has a market capitalisation of Rs 10,590.93 crore. The return of equity (ROE) of Waaree Renewable Technologies is 58.93%. Check key details below:
Waaree Renewable Technologies To Go Ex-Dividend Soon
As per the exchange filing of Waaree Renewable Technologies dated January 16, 2025, “approved and declared an interim dividend of INR 1.00 /- per Equity Share of INR 2.00/- each of the Company. The interim dividend is payable to those members whose names appear in the Register of Members of the Company, or, will appear as beneficial owners (as per particulars furnished by the Depositories at the close of the business on 24thJanuary 2025, being the “Record Date” to ascertain the eligibility of members to receive the said interim dividend.”
Waaree Renewable Technologies Q3 Results
The company on January 16, 2025 announced a decline of 17% in consolidated net profit to Rs 53.48 crore for the quarter ended December 2024 as a result of higher expenses. The company had declared a net profit of Rs 64.23 crore in the corresponding quarter of last year, as per its exchange filing. Waaree Renewable reported its total income at Rs 364.12 crore as compared to Rs 324.67 crore announced in the similar quarter of last year. The company’s expenses surged to Rs 293.39 crore for the quarter under review from Rs 238.28 crore declared in the similar quarter of last year.
Waaree Renewable Shares Price Performance
The 52-week high price of Waaree Renewable Technologies 3037.75 per share (as on 26/04/2024) and 52-week low price is Rs 601.76 per share (as on 23/01/2024), respectively. Waaree Renewable Technologies shares slipped 45.04% in last 6-months, gained 77.27% in last 1-year, rose 954.55% in last 2-years, and offered eye-popping returns of 1328% in last 3-years.
Waaree Renewable Dividend History
According to Trendlyne’s report, Waaree Renewable recommended 5 dividends since August 30, 2021. In last 1-year, Waaree Renewable Technologies announced an equity dividend amounting to Rs 1.00 per share. If the current share price of Rs 1015.95 is taken into consideration, Waaree Renewable Technologies offers a dividend yield of 0.10%.
Waaree Renewable Bonus Share History
The stock offered 1 bonus issue since July 21, 2014. Its last bonus was recommended in the ratio 57:100 with ex-date fixed as July 21, 2014.
Waaree Renewable Stock Split History
The stock split its face value once since March 15, 2024. Waaree Renewable Technologies last split the face value of its shares from Rs 10 to Rs 2 in 2024.The share traded ex-split on March 15, 2024.
Waaree Renewable About
Waaree Renewables Technology Limited (WRTL) operates under the Waaree Energies Limited, spearheading the Solar EPC sector. Waaree Group has successfully installed 10000+ solar projects, with a total operating capacity of 600+ MW. It is also a solar developer that finances, constructs, owns, and operates solar projects. Headquartered in Mumbai, it operates across geographies, focusing on long-term investments within the commercial and industrial customer segments. This subsidiary was formed to tap into the growing renewable energy market, according to its official website.
Disclaimer
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