Waaree Energies inches up as its step-down arm acquires 24.21% stake in Eppeltone Engineers
Waaree Energies is currently trading at Rs. 2707.75, up by 4.20 points or 0.16% from its previous closing of Rs. 2703.55 on the BSE.
The scrip opened at Rs. 2725.00 and has touched a high and low of Rs. 2725.00 and Rs. 2693.60 respectively. So far 6723 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3864.40 on 12-Sep-2025 and a 52 week low of Rs. 2402.00 on 21-Jan-2026.
Last one week high and low of the scrip stood at Rs. 2730.00 and Rs. 2657.00 respectively. The current market cap of the company is Rs. 77507.65 crore.
The promoters holding in the company stood at 64.12%, while Institutions and Non-Institutions held 12.65% and 23.23% respectively.
Waaree Energies’ step-down subsidiary -- Waaree Smart Meters has acquired 24.21% of the equity share capital of Eppeltone Engineers pursuant to an off-market transaction on August 07, 2026. Eppeltone Engineers established in the year 1977, specializes in manufacturing electronic energy meters, including smart meters, alongside various power conditioning devices. Cost of acquisition is approximately Rs 21.78 crore.
