Waaree Energies Surges in Last Three Sessions on ₹1,252 Crore Solar Order

Mumbai, September 11, 2025: Waaree Energies Limited (NSE: WAAREENER, BSE: INE377N01017) share price has surged high in the last three sessions, supported by its subsidiary Waaree Renewable Technologies Ltd.’s big order win. On September 9, the company stated that it received a ₹1,252.43 crore EPC order for an extra-large solar project.

Details of the EPC Project

The contract, which was ordered by Waaree Forever Energies Pvt Ltd (WFEPL), involves the engineering, procurement and construction (EPC) of an 870 MWac / 1,218 MWp grid-connected ground mount solar project, development of a 33kV/400kV substation, transmission line works, and operation and maintenance (O&M) services for two years. The project is to be completed by FY 2026-27, pending regulatory approvals.

Stock Performance Post-Announcement

Since the order announcement, Waaree Energies’ share has recorded straight advances: it settled at ₹3,259.10 on September 9 (up ₹81.60), increased further to ₹3,477.80 on September 10 (up ₹218.70), and traded at ₹3,571.90 on September 11 at 9:42 AM (up ₹94.10). Together, the shares have gained ₹312.80, equivalent to a three-session 9.59 percent gain. As of September 11, at 10:50 am IST, the stock was trading up at 3,515.00. Market capitalisation of the company is at ₹1,02,594.58 crore with a 52-week high of ₹3,743 and a low of ₹1,863.

The order not only enhances Waaree Energies’ order book but also establishes it at the top of large-scale solar EPC execution. With delivery slated for FY 2026–27, the project is set to be a substantial driver of the company’s medium-term growth path.

REF:https://hdfcsky.com/news/waaree-energies-surges-in-last-three-sessions-on-rs-1252-crore

https://nsearchives.nseindia.com/corporate/WAAREERTL_09092025121523_BSE_Intimation.pdf

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