look news india
Multibagger Stocks: Solar system manufacturer and installer Waaree Renewable Technologies has proved to be a multibagger for investors. This company has made its investors' investment of Rs 1 lakh into more than Rs 6.1 crore in just 5 years.
The shares of this company have given a bumper return of 61804 percent during this period. On 28 June 2019, the share price of this company was just Rs 3.15, which has increased to Rs 1950 today.
Renewable technologies have grown 433 per cent in the last six months
After giving returns, it has given a huge return of 769 percent in the last one year. That is, in one year the shares of this company have increased from Rs 1 lakh to Rs 7.70 lakh. Talking about the returns of the last six months, it has given a return of 342 percent.
What is the price of this company's shares today?
If we talk about the shares of this company today, then in the year 2024, the price of the shares of this company is running around Rs 1951. In intra-day it was quoted at Rs 2030. If we look at the highest level of the last fifty-two weeks, it is Rs 3037.75 and the lowest level of the last fifty-two weeks is Rs 213.01.
It may be mentioned here that the company with a vast experience of around 32 years is recognized as a tier-1 solar module manufacturer. Wari Cool has completed over 1.5 Gigabytes of projects and has witnessed a growth of 22 percent CAGR year-on-year.