Hi @Arpit_Gupta Waaree Technologies Limited is a company focused on energy technology, particularly in solar energy and electrical storage systems. The government’s push for renewable energy, especially solar, indicates a growing demand for storage solutions. You can run your plant on solar enegy during day time but you will definitely need batteries to run plant in night time. So although its not clear yet, but i feel Govt will soon start pushing solar and electrical storage system. The company aims to become a top-tier technology provider in the energy sector, with a focus on storage solutions. Waaree’s strong promoters, with successful ventures in the energy sector is the second reason for my conviction. I feel they will definitely integrate it with other energy sector companies of the same promotor.
DISCLAIMER : This is not a financial advice, and I am not a registered investment advisor with SEBI. Please conduct your own research.
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