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WAA
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- 6M
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Recent events
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News
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Corporate Actions
India's Waa Solar rises on $5.8 mln fund raise approval
** Shares of Waa Solar WAAS.BO rise as much as 4.4% to 131 rupees
** Solar power generator on Friday said it has approved fund raise of up to 490 mln rupees ($5.8 mln) via rights issue
** As of last close, stock up ~40% YTD, on track for fifth straight yearly gain
($1 = 84.2360 Indian rupees)
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
** Shares of Waa Solar WAAS.BO rise as much as 4.4% to 131 rupees
** Solar power generator on Friday said it has approved fund raise of up to 490 mln rupees ($5.8 mln) via rights issue
** As of last close, stock up ~40% YTD, on track for fifth straight yearly gain
($1 = 84.2360 Indian rupees)
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
Waa Solar To Raise Funds Upto 490 Million Rupees Via Rights Issue
Nov 22 (Reuters) - WAA Solar Ltd WAAS.BO:
WAA SOLAR LTD - TO RAISE FUNDS UPTO 490 MILLION RUPEES VIA RIGHTS ISSUE
Source text: ID:nBSE4rHG6v
Further company coverage: WAAS.BO
(([email protected];))
Nov 22 (Reuters) - WAA Solar Ltd WAAS.BO:
WAA SOLAR LTD - TO RAISE FUNDS UPTO 490 MILLION RUPEES VIA RIGHTS ISSUE
Source text: ID:nBSE4rHG6v
Further company coverage: WAAS.BO
(([email protected];))
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Popular questions
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What does WAA Solar do?
Waa Solar is a company focused on solar power generation through Solar Power Projects and investments in SPVs. Established in 2009 by Hitesh Doshi and Viren Doshi, it was later taken over by Madhav Power in 2010 for solar projects in Gujarat.
Who are the competitors of WAA Solar?
WAA Solar major competitors are Energy Development, Cals Refineries, Sampann Utpadan, Sungarner Energies, Karma Energy, Gita Renewable, Sri KPR Industries. Market Cap of WAA Solar is ₹109 Crs. While the median market cap of its peers are ₹69 Crs.
Is WAA Solar financially stable compared to its competitors?
WAA Solar seems to be less financially stable compared to its competitors. Altman Z score of WAA Solar is 2.85 and is ranked 4 out of its 8 competitors.
Does WAA Solar pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. WAA Solar latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has WAA Solar allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is WAA Solar balance sheet?
Balance sheet of WAA Solar is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of WAA Solar improving?
No, profit is decreasing. The profit of WAA Solar is -₹1.25 Crs for TTM, ₹6.63 Crs for Mar 2024 and ₹9.84 Crs for Mar 2023.
Is the debt of WAA Solar increasing or decreasing?
Yes, The debt of WAA Solar is increasing. Latest debt of WAA Solar is ₹39.41 Crs as of Sep-24. This is greater than Mar-24 when it was ₹12.48 Crs.
Is WAA Solar stock expensive?
Yes, WAA Solar is expensive. Latest PE of WAA Solar is 16.47, while 3 year average PE is 15.49. Also latest EV/EBITDA of WAA Solar is 6.49 while 3yr average is 5.75.
Has the share price of WAA Solar grown faster than its competition?
WAA Solar has given lower returns compared to its competitors. WAA Solar has grown at ~-42.4% over the last 1yrs while peers have grown at a median rate of -10.04%
Is the promoter bullish about WAA Solar?
Promoters stake seems to have decreased but it might be to fund expansion. Latest quarter promoter holding in WAA Solar is 67.85% and last quarter promoter holding is 68.46%
Are mutual funds buying/selling WAA Solar?
There is Insufficient data to gauge this.