WAAREE Energies Rises After Profit Surge: Is Now the Right Time.

Waaree Energies has reported an impressive net profit increase of 295%, totaling ₹492.6 crore, a significant leap that reflects the company's strong performance in the renewable energy sector. The stock trades within a defined range, presenting potential opportunities for investors. The optimal entry point for those considering a purchase would be at the listing day low of ₹2300. Additionally, a secondary entry opportunity may arise around ₹2500, especially if the stock breaks through this level, which has previously served as a notable resistance point. This breakout could indicate positive momentum and further gains for the stock. Investors should watch these price levels closely to maximize their investment strategy.