Waaree Energies Ltd. shares surged by nearly 3% today following the announcement of a major domestic order for the supply of 1 GW solar photovoltaic (PV) modules. The order, placed by a prominent Indian renewable energy developer, marks a significant milestone for Waaree Energies in reinforcing its leadership in the solar energy sector.
As of 3:15 pm the shares were trading 2.44% higher at Rs 2,974
- Order Details: Supply of 1 GW solar PV modules to a major renewable energy player in India.
- Execution Timeline: The supply is set to span across FY 2024-25 and FY 2025-26.
- Order Nature: One-time domestic order with no related party involvement.
- Company Filing: Waaree Energies affirmed that the transaction complies with arm’s length principles, ensuring transparency.
- Business Scope: Waaree Energies specializes in manufacturing solar panels, engineering, procurement, and construction (EPC) services, and power generation.
Stock Performance:
- Current Price: ₹2,976.90 (+2.54% as of 15:15 IST).
- Year-to-date Gain: 19.08%.
- 5-Day Performance: +8.06%.
WAAREE ENERGIES LIMITED Share Price history
| Day | Open | Close | Change % |
|---|---|---|---|
|
Fri, Dec 6 2024
|
₹2,888.80
|
₹2,903.10
|
|
|
Thu, Dec 5 2024
|
₹2,732.35
|
₹2,839.35
|
|
|
Wed, Dec 4 2024
|
₹2,702.00
|
₹2,722.15
|
|
|
Tue, Dec 3 2024
|
₹2,755.00
|
₹2,696.95
|
-1.58%
|
|
Mon, Dec 2 2024
|
₹2,695.00
|
₹2,740.30
|
|
|
Fri, Nov 29 2024
|
₹2,641.60
|
₹2,667.75
|
|
|
Thu, Nov 28 2024
|
₹2,643.85
|
₹2,633.85
|
|
|
Wed, Nov 27 2024
|
₹2,544.20
|
₹2,607.75
|
|
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