New Delhi, July 15 -- Shares of Waaree Renewable Technologies surged a whopping 15% in intraday deals on Tuesday, July 15, amid high volumes and ahead of the announcement of the June quarter results later this week. Analysts said the stock has broken out of a consolidation zone on tech charts, signalling renewed bullish interest.

The renewable energy stock reclaimed the Rs.1000 mark, but remains far away from the 52-week high level of Rs.2,074.95.

Waaree Renewable Technologies in an exchange filing on Monday, post-market trading hours, said its board will meet on Thursday, July 17, to consider the unaudited standalone and consolidated financial results of the company.

Commenting on the earnings expectations for the renewable industry, ...