Waaree Energies vs Premier Energies? UBS Cuts Target For THIS Green Energy Stock, Backs The Other | TP

Waaree Energies share price opened lower on Tuesday, July 14, after being downgraded by brokerage firm UBS citing near-to mid-term challenges in the solar industry. Despite lowering Waaree Energies share price target, UBS still sees a modest upside of 8% from the previous closing. Its peer, Premier Energies, received positive comments from the brokerage, which sees it as a stock with strong potential at the present valuation.

Waaree Energies share price was trading 1.68% lower at Rs 2832.95 per share on BSE with a market capitalisation of Rs 81,480.12 crore at 9:45 am on Tuesday. The stock had touched an intraday high of Rs 2,853.05 per share and an intraday low of Rs 2,821.00 per share.

Premier Energies share price was down 0.81% at Rs 1100.15 per share on BSE with a market capitalisation of Rs 49,941.48 crore at 9:45 am.

Waaree Energies vs Premier Energies: Which Stock Is Better? UBS Decodes

UBS reduced its valuation multiple to 21x12 month forward price-to-earnings (P/E) from 28x for Waaree Energies. The downgrade highlighted a higher discount to industry peers and expectations of lower margins.

As per the brokerage, the downgrade indicated near-to medium-term challenges for the solar industry. For its peer, Premier Energies, UBS remained positive citing strong execution track record and judicious expansion plans.

Waaree Energies vs Premier Energies: Share Price Target

UBS gave Waaree Energies a share price target of Rs 3,100 per share for the long-term, as per NDTV Profit report. Brokerage PL maintained an 'accumulate' rating for Waaree Energies with a target price of Rs 3713 per share. For Premier Energies, the brokerage maintained a 'Hold' rating with a target price of Rs 1138.

Waaree Energies vs Premier Energies: Share Price Trend, ROE

Waaree Energies share price has a return on equity (ROE) of 77.79%, whereas Premier Energies stock has an ROE of 8.3%. Waaree Energies stock value has declined 4.3% year to date and has surged 10.4% in six months. Premier Energies stock has delivered 29% return since 2026 so far.

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