Waaree Energies' shares climbed 3.42% to trade at ₹2612.10, gaining ₹86.35 from the previous close of ₹2525.75 on the BSE. The stock opened at ₹2548.35, hitting an intraday high of ₹2678.00 and a low of ₹2535.00, with 1,37,310 shares traded so far.
This BSE group 'B' stock, with a face value of ₹10, previously touched a 52-week high of ₹3740.75 on November 6, 2024, and a low of ₹2294.55 on October 28, 2024. Over the past week, the stock's range was between ₹2917.15 and ₹2512.05. The company's market capitalization stands at ₹75,067.10 crore.
The company’s promoter holding is 64.30%, with institutions and non-institutional investors owning 5.03% and 30.67%, respectively.
Waaree Energies secured a major order to supply solar modules with a capacity of 600 MWp for a leading renewable energy developer in India. The deliveries are expected to begin in FY 2025-26. Waaree specializes in manufacturing solar photovoltaic modules, developing solar projects, and electricity sales.