Waaree Renewable Technologies is currently trading at RS 881.45, marking an increase of 4.90 points or 0.56% from its previous close of RS 876.55 on the BSE.

The stock opened at RS 890.00, reaching a high of RS 898.00 and a low of RS 862.10. So far, 49,452 shares have been traded on the counter.

This BSE Group 'B' stock, with a face value of RS 2, hit a 52-week high of RS 3037.75 on April 26, 2024, and a 52-week low of RS 803.41 on February 15, 2024. Over the last week, the stock fluctuated between RS 970.00 and RS 840.00. The company's market capitalization currently stands at RS 9,246.67 crore.

In terms of ownership, promoters hold 74.39%, while institutions and non-institutions hold 1.00% and 24.61%, respectively.

In a significant development, Waaree Renewable Technologies has received a Letter of Award (LoA) for EPC work on a 40 MWh battery storage system, valued at RS 40 crore. The project is set for completion in FY 2025-26.

Waaree Renewable Technologies is a leading player in the renewable energy sector, offering solar PV modules, batteries, and other solar products.