Solar Stocks to Buy: Mehul Kothari suggests largecap scrips for up to 12 months

ZeeBiz WebTeam | May 15, 2025, 01:54 PM IST

Are you looking for renewable energy stocks to buy for investment? Mehul Kothari of Anand Rathi has recommended two recently listed stocks for up to 12 months.

1/11

According to him, these stocks could give significant returns in the upcoming months.

whatapp
2/11

Largecap Stock to Buy for Long Term | Waaree Energies share price target

Largecap Stock to Buy for Long Term | Waaree Energies share price target

Mehul Kothari of Anand Rathi recommends buying Waaree Energies shares for a one-year target of Rs 3,100 and a stop loss at Rs 2,500. According to him, in the past 3–4 weeks, seen resilience in this counter.

whatapp
3/11

Solar Energy Stock to Buy

Solar Energy Stock to Buy

While the market has been quite volatile, this stock has been consistently consolidating within a range, he said.

whatapp
4/11

Solar Energy Stocks to Buy

Solar Energy Stocks to Buy

"Right now, it is on the verge of a breakout, which will be confirmed above Rs 2745. The overall trend is very strong, so as soon as the breakout is confirmed, we might see a faster move on the upside toward Rs 3100. So, buying is recommended," according to Kothari.

whatapp
5/11

Solar Energy Stocks to Buy

Solar Energy Stocks to Buy

He expected that Waaree Energies shares could give returns of up to 10 per cent in the next 12 months.

whatapp
6/11

Stocks to Buy for Positional Target | Premier Energies share price target

Stocks to Buy for Positional Target | Premier Energies share price target

Kothari recommends buying another renewable energy sector stock, Premier Energies, for a target of Rs 1,250, implying a potential upside of 23.15 per cent, with a stop loss at Rs 875.

whatapp
7/11

Kothari said around April 16, a breakout was seen above Rs 950, from where a rally took the stock to Rs 1100 and the stock retested the breakout.

whatapp
8/11

"Due to market pullbacks, it reclaimed the medium-term EMA. A range breakout has been seen today on the early charts. This counter may resume an uptrend," according to Kothari.

whatapp
9/11

Waaree Energies Stock Update

Waaree Energies Stock Update

Shares of Waaree Energies have gained 12 per cent since the listing price on the NSE (Rs 2,500) and are 86.30 per cent higher than the IPO issue price of Rs 1,503.

 

whatapp
10/11

Premier Energies Stock Update

Premier Energies Stock Update

Premier Energies' shares jumped by 3 per cent from the listing price and gained 126.64 per cent over the issue price. The listing price of the stock was Rs 990 on the NSE, which indicates a 120 per cent premium in comparison to the issue price of Rs 450.

whatapp
11/11

(Disclaimer: The views/suggestions/recommendations expressed here in this article are solely by investment experts. Zee Business suggests its readers consult their investment advisers before making any financial decision.)

 

whatapp

By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.

x