Waaree Renewable Technologies Shares Slip More Than 5% After Bulk Sale by Graviton Research

Mumbai, October 15, 2025 – Waaree Renewable Technologies Ltd (NSE: WAAREERTL) shares fell 5.83% during morning trade on Wednesday. This rapid decline came after a major selling of shares by Graviton Research Capital LLP in a bulk deal done on Tuesday, October 14.

Bulk Deal Details

Based on exchange filings, Graviton Research Capital LLP disposed of 589,383 shares of Waaree Renewable Technologies at an average price of ₹1,278.40 for an aggregate value of about ₹75.32 crore.

Market Impact

Sale saw the stock price plummet sharply, with the shares opening at ₹1,264 and falling to a low of ₹1,185.00 as of 12:10 pm IST. The traded volume on the NSE was 11.23 lakh shares with the traded value at ₹135.99 crore, indicating increased investor activity.

Company Overview

Waaree Renewable Technologies Ltd is part of the Waaree Group, a prominent renewable energy company involved in engineering, procurement, and construction (EPC) of solar projects and complementary solutions. The company listed on July 9, 2025, under the “Other Electrical Equipment” segment on the NSE.

Recent Performance

Albeit the recent share price fall, Waaree Renewable Technologies also came out with healthy September quarter financials, with its consolidated net profit doubling more than two times year on year. The company also has a healthy order book with a strong EPC backlog of 3.48 GWp and a 27 GWp bidding pipeline.

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