Waaree Renewable shares slide 7% despite 34% YoY surge in Q1 profit. What’s spooking investors?

July 23, 2026

Waaree Renewable shares fell sharply on Thursday despite reporting a 34% year-on-year rise in Q1 FY27 profit, as investors focused on weaker sequential earnings and revenue. While the company remains optimistic about long-term growth, backed by a strong order book and T&D expansion, the Street appeared disappointed by the quarter-on-quarter slowdown.

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