Waaree Energies Rises Over 2% After 452 MW Solar Modules Order; Market Cap Nears ₹97,000 Crore

Shares of Waaree Energies Limited are on the rise today as they are up by 2.29%, or 74.70 points and are trading at ₹3,340.00, as of 11:30 AM. This comes after the shares are witnessing strong demand from retail investors on the back of the company’s recent order win. This has increased the company’s market cap to ₹96,722.51, with its Free Float Market cap rising to ₹10,982.66 crore.

The company recently announced that it has won a significant 452 MW solar modules order from a leading US-based utility-scale solar and energy storage project developer. Waaree Energies will execute the order over FY26 and FY27, which will boost its order book and will expand its international presence.

The order win is the key trigger for positive investor sentiment today, resulting in its shares rising over 2%. The shares opened at ₹3,298 and started climbing to reach the current level of ₹3,340. The shares have a 52-week high of ₹3,743.00, which they made in November 2024. On the other hand, the shares made their 52-week low of ₹1,863.00 in April 2025.

Waree Energies Limited is a company that is engaged in the solar energy industry. The company, established in 1990, provides solar solutions and is India’s largest solar PV module manufacturer. The company is headquartered in Mumbai, Maharashtra and has WAAREENER as the NSE ticker symbol and 544277 as the BSE code.

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