Waaree Energies Share Price Rises 0.86% After Previous Session’s Approx 10% Slide

Waaree Energies Ltd shares rose 0.86% to ₹2,731.90 in early trade on February 26, compared with the previous close of ₹2,708.50, as per exchange data at 10:05:05 am IST. The uptick follows a sharp 10.44% decline in the previous session, when the stock had closed at ₹2,707.10 on February 25 amid concerns over US preliminary duties on Indian solar imports.

The stock opened at ₹2,755.00 and traded between ₹2,705.00 and ₹2,764.50 so far in the session.

Why the Share Price Moved

The rebound comes a day after the stock dropped 10.44% following reports that the US administration set preliminary duties of 126% on solar imports from India, citing alleged unfair subsidisation. The development had weighed on sentiment across export-linked solar manufacturers.

Stock Performance Snapshot

As of 10:05:05 am IST on February 26, Waaree Energies Ltd was trading at ₹2,731.90, up 0.86% from the previous close of ₹2,708.50. The stock touched a high of ₹2,764.50 and a low of ₹2,705.00 so far in the session.

The market capitalisation stood at ₹78.48 crore. The price-to-earnings ratio was 24.08. The 52-week high and low were ₹3,865.00 and ₹1,863.00, respectively, according to exchange data.

Letter Of Award For 300MW Wind Power Project In Gujarat

In a regulatory filing dated February 24, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Waaree Energies Ltd informed exchanges that its wholly owned subsidiary, Waaree Forever Energies Private Limited, received a Letter of Award from Solar Energy Corporation of India Limited.

The award pertains to the development of a 300MW wind power project in Dwarka, Gujarat. The disclosure was signed by Rajesh Ghanshyam Gaur, Company Secretary & Compliance Officer, and stated that requisite details were enclosed as per applicable SEBI circular requirements.

About The Company

Waaree Energies Ltd (NSE: WAAREEENER; BSE: 544277) operates in the renewable energy sector, primarily manufacturing solar photovoltaic modules and providing related solutions. The company serves domestic as well as international markets and has expanded into project development through subsidiaries.

Its business spans module manufacturing, EPC services and renewable project development within India’s clean energy value chain.

Conclusion

Waaree Energies Ltd shares rose 0.86% to ₹2,731.90 in early trade on February 26, a day after declining 10.44% on concerns over preliminary US duties on Indian solar imports. The stock is currently trading above its previous close of ₹2,708.50. Alongside policy developments, execution of the disclosed 300MW wind project remains a parallel operational trigger for investors to monitor.