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Waaree Energies is increasing production capacity and expanding into new markets. The company is focused on managing margins as prices decline. Waaree is also investing in green hydrogen and battery storage. The company plans to commission a US plant soon. Waaree will announce more details about its battery and electrolyzer plans in the coming months.
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If Nifty comes around 23,650 odd level, around 100 points correction or so from here, can be utilised to create a fresh long position and ultimately I am expecting Nifty to reach a target of 24,000 to 24,100 where call have been written.
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NTPC Green Energy Limited (NGEL) is aiming to achieve a capacity of 60 gigawatts by 2032, focusing on large-scale solar and wind projects. The company, a subsidiary of NTPC, recently launched an IPO, with NTPC remaining the majority shareholder. NGEL emphasizes solar energy due to its predictability and integration capabilities with storage solutions.
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