Support and Resistance Levels
Past performance
About Waaree Renewable Technologies Ltd Waaree Renewable Technologies Limited, formerly Sangam Renewables Limited, operates in the renewable energy sector, focusing on solar power generation and consultancy services. Based in Maharashtra, the company was incorporated in 1999 and transitioned to a public entity in 2011. It has significantly expanded its solar energy projects, commissioning numerous rooftop and ground-mounted installations over the years.
Key milestones include becoming a subsidiary of Waaree Energies Limited in April 2019 and acquiring full ownership of Waaree PV Technologies Pvt Ltd and Waasang Solar Private Limited in 2019. The company has consistently grown its project capacity, executing 295 MW of solar projects in 2022-23. Waaree Renewable Technologies also divested its 51% stake in Waacox Energy Private Limited in 2021, highlighting a strategic focus on enhancing its core solar capabilities.