Waaree Renewable Shares In Cognizance After Securing The Rs 232 Crore Solar Energy Mission
Waaree Renewable percentage charge: Waaree Renewable technology's proportion price is anticipated to stay cognizant on march 26 after the employer secured a letter of Award (LOA) for a sun strength mission.
The company announced that it has obtained an LOA for the execution of engineering, procurement, and production (EPC) works for a ground-mount solar electricity challenge, together with operation and protection (O&M) of one hundred seventy MW AC/255 MW DC capability on a turnkey basis.
The order, valued at about Rs 232.30 crore, is scheduled for crowning glory inside the monetary yr 2025-26.
Earlier, on march 11, a consortium led by Waaree Renewable acquired an LOA worth Rs 740.06 crore for EPC works on a 125 MW AC (181.3 MWp DC) solar energy project, also on a turnkey basis with O&M services.
Additionally, on february 13, the organization was provided an EPC contract well worth Rs forty crore by Continuum for a 40MWh battery storage machine.
The inventory has visible vast movement, touching a fifty-two-week high of Rs 3,037.75 on april 26, 2024, and a 52-week low of Rs 759.00 on march 4, 2025.
Presently, Waaree Renewable Technology's share rate is buying and selling sixty-nine point sixty-five percent under its fifty-two-week high and twenty-one point forty-nine percent above its fifty-two-week low. The business enterprise's market capitalization stands at Rs 9,612.58 crore.
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