Waaree Group Stock Gains Over 5 per cent in Early Trade After Signing EPC Contract to Build Large Solar Power Plant

Waaree Group Stock Gains Over 5 per cent in Early Trade After Signing EPC Contract to Build Large Solar Power Plant

Waaree Renewable Technologies gains in early trade on a major solar EPC contract and increased foreign investor interest.

 

✨ AI Powered Summary

The company has signed a contract for the Engineering, Procurement, and Construction (EPC) of a ground-mounted Solar photovoltaic (PV) plant. The project will have a capacity of 300 MWac / 420 MWp. According to the company, the project is expected to be completed in the financial year 2027-28.

Another major development is the rising share of Foreign Institutional Investors (FIIs). FIIs' shareholding increased from 1.38 per cent in September 2025 to 1.70 per cent in December 2025.

Waaree Renewable Technologies Ltd Share Price

Following the announcement, the stock moved higher in early trade.

As of March 11, 2026, at 09:32 IST, the company’s shares were trading at Rs 839.30, up Rs 42.05 or 5.27 per cent for the day. The stock had a previous close of Rs 797.25. It opened at Rs 817.10, touched a high of Rs 852.85 during the session, and recorded a low of Rs 817.10. The VWAP stood at Rs 838.83. The stock recorded a traded volume of 3.06 lakh shares, with a traded value of Rs 25.63 crore during the session.

Despite the positive movement in today’s trading session, the stock has delivered negative returns of 13.13 per cent on a year-to-date (YTD) basis.

About Waaree Renewable Technologies Ltd

Spot tomorrow’s giants today with DSIJ’s Tiny Treasure , a service identifying high-potential small-cap companies poised for growth. Get the Full Brochure

Waaree Renewable Technologies Ltd stands out as one of India's leading renewable energy player. The company has a strong presence in EPC (Engineering, Procurement, and Construction) services, project development and O&M (Operation and Maintenance) services.

Disclaimer: The article is for informational purposes only and not investment advice.