Waaree Energies Rises 2.89% as 16% Lock-In Shares Turn Tradable After 1.5-Year Period

Mumbai, October 27: Waaree Energies Limited’s share price is trading in the green today, after 16% lock-in shares became tradable after 18 Months. As of 12:15 PM, the shares were up by 2.89% or 102.10 points, and were trading at ₹3,631.60. Until now, the shares have traded within a range of ₹3,643 and ₹3,537. The traded volume stood at 17.55 lakh shares, with the company’s market cap at ₹1,01,523 crore. The shares have their 52-week high at ₹3,865 and their 52-week low at ₹1,863.

Waaree Energies Limited is an Indian company that is engaged in the manufacturing of solar photovoltaic (PV) modules. The company was established in 1989 and is headquartered in Mumbai, Maharashtra. The shares of the company are listed on NSE with the ticker symbol WAAREEENER and on BSE with the code 544277.

16% Lock-In Shares Turn Tradable After 1.5-Year Period

The share price rose as the 1.5-year lock-in period for 16% of Waaree Energies’ shares expired today. With this expiry, around 4.5 crore shares have become available for trading for the first time. Additionally, the stock’s upward movement is being supported by recent positive developments announced by the company.

The company recently announced several major module supply orders totalling 692 MW across India and the United States. These include domestic orders of 220 MW, 210 MW, and 140 MW from leading renewable power developers, along with a 122 MW order from a US-based developer. The projects are scheduled for execution in FY26 and FY27, which is expected to expand the company’s order book and further strengthen its global footprint.

REF: https://nsearchives.nseindia.com/corporate/WAAREE_24102025184748_ReceiptofOrder24-10-2025.pdf

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