Waaree Energies Gains on Securing 360 MW Solar Module Supply Order | Udaipur Kiran


Mumbai, November 12 (Udaipur Kiran): Shares of Waaree Energies Ltd edged higher on Tuesday after the company announced that it has received a one-time order for the supply of 360 MW solar modules for the financial year 2025–26.

The stock was trading at Rs. 3,365.00, up Rs. 45.55 or 1.37% from its previous close of Rs. 3,319.45 on the BSE. It opened at Rs. 3,354.65 and touched a high of Rs. 3,378.45 and a low of Rs. 3,339.40 during the session. A total of 5,823 shares were traded on the counter.

The BSE Group ‘B’ stock, with a face value of Rs. 10, currently holds a market capitalisation of Rs. 95,480.96 crore. It has touched a 52-week high of Rs. 3,864.40 (on September 12, 2025) and a 52-week low of Rs. 1,808.65 (on April 7, 2025). Over the past week, the scrip traded between Rs. 3,413.25 and Rs. 3,264.00.

Promoters hold 64.22% of the company’s shares, while institutional investors and non-institutional investors hold 9.17% and 26.60%, respectively.

The company stated that the 360 MW order was received from a renowned developer and owner-operator of utility-scale solar and energy storage projects. The modules will be supplied during FY2025–26, further strengthening Waaree’s position as a key supplier in India’s renewable energy sector.

Waaree Energies Ltd, one of India’s leading solar energy companies, is engaged in the manufacturing of solar photovoltaic modules, execution of solar projects, and generation and sale of electricity. The company continues to play a pivotal role in India’s transition toward clean and sustainable energy.



Source link