Waaree Renewable shares continued their strong rally, rising 24% over the past two sessions on heavy trading volumes. The stock opened at ₹1,133.00 today and surged to an intraday high of ₹1,267.90, which is also its new 52-week high. As of 10:11 AM, the shares were trading 8.83% higher at Rs 1,248.00.
At the time of writing, trading volumes had crossed 61.04 lakh shares, indicating strong investor interest. The stock’s 52-week low stands at ₹841.15. There has been no official announcement from the company, but momentum buying appears to be fueling the sharp upmove.
In the meantime, on July 2, Waaree Renewable bagged a ₹26.17 crore order (excluding taxes) for a 21 MW AC / 29.4 MW DC solar project under the Mukhyamantri Saur Krushi Vahini Yojana 2.0. The contract includes EPC and O&M services and is to be executed within FY26. The project, awarded by a domestic construction firm, boosts Waaree’s presence in India’s solar energy sector, with no promoter or related party involvement.
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