Waaree Energies Jumps 4.9% to ₹3,092 After Securing 540MW US Solar Module Order
By Shishta Dutta | Updated at: Jan 13, 2026 02:53 PM IST
Mumbai, June 30, 2025 – Waaree Energies Ltd (NSE: WAAREEENER) surged over 4.91% to ₹3,092 at 1:57 PM IST on Monday following the announcement of a significant international order win from its wholly owned US subsidiary.
Key Trading Snapshot (as of 12:00 PM IST)
The stock rallied ₹170.70 from its previous close of ₹2,947.50, reaching an intraday high of ₹3,129.80 due to strong buying interest, which pushed volumes to nearly 50 lakh shares. Market capitalization climbed to ₹89,689.81 crore, with a traded value exceeding ₹1,525 crore.
| Metric | Value |
|---|---|
| Current Market Price | ₹3,118.20 |
| % Change | +5.79% |
| Intraday High/Low | ₹3,129.80 / ₹2,972.10 |
| Volume Traded (Lakhs) | 49.86 |
| VWAP | ₹3,058.96 |
| 52-Week High / Low | ₹3,743.00 / ₹1,863.00 |
| P/E (Adjusted) | 130.75 |
| Market Cap | ₹89,689.81 Cr |
| Free Float Market Cap | ₹10,110.62 Cr |
Order Details Boost Sentiment
According to the company’s filing with BSE and NSE dated June 27, 2025, Waaree Solar Americas secured a 540MW solar module supply order from a prominent US-based renewable energy developer. This one-time international contract includes delivery of 270MW in 2025 and 270MW during 2027–2028.
| Contract Details | Information |
|---|---|
| Total Supply | 540MW Solar Modules |
| Delivery Timeline | 270MW in 2025; 270MW in 2027–28 |
| Customer | Leading US solar and energy storage firm |
| Nature of Order | One-time International |
| Related Party Involvement | None |
The company confirmed this is not a related party transaction, and the promoter group holds no interest in the awarding entity.
Strategic Positioning
Waaree Energies, listed on the exchanges in October 2024, is part of the NIFTY MIDCAP 100 and operates within the “Other Electrical Equipment” segment. The latest order affirms the company’s growing international footprint and bolsters its visibility in the high-growth US renewable energy market. The stock has now recovered strongly from its April 2025 low of ₹1,863, with investor confidence buoyed by consistent execution and strategic global orders.
Waaree Energies Stock Performance
Waaree Energies shares have gained 5.88% in the last month, surging 8.04% in the year-to-date, and 32% in the previous year. On June 30, 2025, at 2:00 PM IST, Waaree Energies shares are trading at ₹3,092, which is a 4.91% gain from the previous close.
About Waaree Energies
Waaree Energies Ltd is a leading solar module manufacturer headquartered in Mumbai, India. Listed in October 2024, the company is a key player in the renewable energy sector and forms part of the NIFTY MIDCAP 100 index. It primarily manufactures solar photovoltaic modules and exports to international markets, with a growing presence in North America and Europe.
REF: https://nsearchives.nseindia.com/corporate/WAAREE_27062025162759_Receiptoforder27June2025.pdf
Disclaimer: At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.
If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com
Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations
