Waaree Renewable Technologies surges after receiving LoA from Waaree Energies
Waaree Renewable Technologies is currently trading at Rs 943.00, up by 20.90 points or 2.27% from its previous closing of Rs 922.10 on the BSE.
The scrip opened at Rs 943.00 and has touched a high and low of Rs 971.00 and Rs 940.00 respectively. So far 5540 shares were traded on the counter.
The BSE group 'B' stock of face value Rs 2 has touched a 52-week high of Rs 3037.75 on 26-Apr-2024 and a 52-week low of Rs 759.00 on 04-Mar-2025.
Last one week high and low of the scrip stood at Rs 1010.00 and Rs 830.00 respectively. The current market cap of the company is Rs 9612.58 crore.
The promoters holding in the company stood at 74.39%, while Institutions and Non-Institutions held 1.00% and 24.61% respectively.
Waaree Renewable Technologies has received a Letter of Award (LoA) from Waaree Energies for the execution of Engineering, Procurement and Construction (EPC) works for Ground mount solar power project including Operation and Maintenance (O&M) of 170 MW AC/255 MW DC capacity on turnkey basis. Order value is around Rs 232.30 crore (Excluding Taxes). The project is scheduled to be completed in the financial year 2025-26, as per the terms of the order.
Waaree Renewable Technologies operates as a renewable equipment company. The company offers solar PV modules, batteries, and other solar products.
