Mumbai, December 31, 2025 – Waaree Renewable Technologies Limited (NSE: WAAREERTL | BSE: 534618) was trading higher on Wednesday after the company announced the receipt of a significant engineering, procurement and construction order for a ground-mounted solar power project.
The stock was trading at ₹968.60, up ₹20 or 2.11%, as of 2:04 PM IST, compared with the previous close of ₹948.60. During the session, the stock touched an intraday high of ₹979 and a low of ₹949.
Order Details: 28.60 MWac Solar Project
The company has received a Letter of Award for the execution of an EPC contract for a 28.60 MWac / 39.80 MWp ground-mounted solar power project on a turnkey basis. The order has been awarded by a domestic private entity and carries an estimated value of approximately ₹96.51 crore, excluding taxes.According to the company’s disclosure, the project is scheduled to be completed during FY27, in line with the agreed contractual timeline. Waaree Renewable Technologies confirmed that the order does not involve any related party transactions and that neither the promoter nor the promoter group has any interest in the awarding entity .
Market Reaction
The stock opened at ₹950 and witnessed steady buying through the session, reflecting positive investor sentiment following the order announcement. The volume-weighted average price for the day stood at ₹965.53, indicating sustained trading interest at higher levels.About the Company
Waaree Renewable Technologies Limited is engaged in the renewable energy segment with a focus on solar EPC solutions. The company is a subsidiary of Waaree Energies Limited and undertakes end-to-end execution of solar power projects across India. The shares of the company are listed on both the BSE and NSE under the equity segment.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.