03 Jun 2025

Waaree Renewable Technologies Gains on Rs 346.33 Crore Solar EPC Order Win

Waaree Renewable Technologies is currently trading at Rate RS 1042.00, up by 16.20 points or 1.58% from its previous close of Rate RS 1025.80 on the BSE.

The stock opened at Rate RS 1031.80 and has touched an intraday high of Rate RS 1068.05 and a low of Rate RS 1021.10. So far, 114,494 shares have been traded on the counter.

A BSE group 'B' stock with a face value of Rate RS 2, it has touched a 52-week high of Rate RS 2512.65 on 03-Jun-2024 and a 52-week low of Rate RS 732.05 on 07-Apr-2025.

The scrip’s one-week high and low stood at Rate RS 1068.05 and Rate RS 1015.45 respectively. The current market capitalisation of the company is approximately Rate RS 10,866.66 crore.

Promoter holding in the company stands at 74.39%, while institutional and non-institutional holdings are at 1.13% and 24.48%, respectively.

Waaree Renewable Technologies recently received a Letter of Award (LoA) worth Rate RS 346.33 crore for the engineering, procurement, and construction (EPC) of a 300 MW AC / 435 MW DC solar power project. The project is expected to be completed in the financial year 2025-26.

The company operates in the renewable energy sector, offering solar PV modules, batteries, and other solar products.