The ‘next Waaree Energies’? The hidden solar stock riding India’s 500 GW sprint
- Posted on January 6, 2026
- By Financial Express
- 3 Views
The ‘next Waaree Energies’? The hidden solar stock riding India’s 500 GW sprint

While names like Adani and Tata grabbed all headlines, a stealth mode small cap from the solar sector quietly delivered numbers that could make the big names envious. With returns of over 4,000% in the last 5 years and ROCE of 24% in the last decade, this stock is currently trading at a discount of over 35%. Is this a buy opportunity or a trap?