Solar energy solutions provider Waaree Energies ' shares will be in focus on Wednesday after the company announced that it had secured an order to supply 600 MWp of solar modules from a firm that owns, develops, and operates renewable energy projects across India. The delivery of these modules is scheduled to begin in FY2025-26, positioning the project as a key contributor to India's ambitious clean energy targets, according to a company statement. Also Read : NTPC Green IPO shares to debut today.
Check GMP The contract involves the supply of Waaree's flagship high-efficiency modules, renowned for their durability, energy output, and cutting-edge technology. The company did not disclose the financial details of the order. Stock Trading Advanced Strategies in Stock Market Mastery By - CA Raj K Agrawal, Chartered Accountant View Program Stock Trading A2Z of Stock Trading - Online Stock Trading Course By - elearnmarkets, Financial Education by StockEdge View Program Stock Trading Heikin Ashi Trading Tactics: Master the Art of Trading By - Dinesh Nagpal, Full Time Trader, Ichimoku & Trading Psychology Expert View Program Stock Trading Macroeconomics Made Easy: Online Certification Course By - Anirudh Saraf, Founder- Saraf A & Associates, Chartered Accountant View Program Stock Trading Technical Analysis Demystified: A Complete Guide to Trading By - Kunal Patel, Options Trader, Instructor View Program Stock Trading Market 103: Mastering Trends with RMI and Techno-Funda Insights By - Rohit Srivastava, Founder- Indiacharts.
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The company made its stock market debut on October 28, with shares listed at Rs 2,500 on the NSE—a 66% premium over the issue price of Rs 1,503. The stock later reached a high of Rs 3,743 on November 6 before undergoing a correction. Also Read : Adani companies' outlook revised to negative Established in 1990, Waaree Energies is India's leading renewable energy company.
Headquartered in Mumbai, it operates cutting-edge manufacturing facilities with a total installed capacity of 13.3 GW for solar PV modules , including 1.3 GW from Indosolar .
With a presence across India and in 25+ countries worldwide, it offers innovative solar solutions, including panel manufacturing, EPC services, project development, and rooftop systems. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel ).
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Waaree Energies shares in focus after securing 600 MWp solar module order
Waaree Energies' shares will be in focus after securing a 600 MWp solar module supply order for a renewable energy firm in India. The modules, set for delivery in FY2025-26, align with India's clean energy goals. Waaree's high-efficiency modules, known for durability and technology, will be supplied.