Motilal Oswal Initiates Buy on Waaree Energies, Sets ₹4,000 Target Price
Brokerage firm Motilal Oswal Financial Services Ltd (MOSL) has initiated coverage on Waaree Energies Ltd with a “Buy” rating and assigned a target price of ₹4,000 per share, representing an approximate 18.7% upside from recent levels. The bullish outlook is driven by the company’s large-scale operations, vertical integration across the solar value chain and favourable growth prospects in the renewables space.
By Finblage Editorial Desk
2:59 pm
6 November 2025
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