Waaree Renewable Technologies Sees 6.35 Points Gain, Reaches Rs 991.15

Strategic Insights -

Waaree Renewable Technologies, a leading renewable equipment company, has seen a significant gain of 6.35 points, reaching Rs 991.15 on the BSE. The company's scrip opened at Rs 976.95 and touched a high of Rs 1000.05, with a low of Rs 972.00. A total of 67,682 shares were traded on the counter, indicating strong market interest in the company.

Key Takeaways:

  • Waaree Renewable Technologies has a market capitalization of Rs 10,338.13 crore, making it a significant player in the renewable energy sector.
  • The company has a strong promoter holding of 74.39%, indicating a high level of commitment from its management.
  • Waaree Renewable Technologies has signed a non-binding Memorandum of Understanding (MoU) with a client for the execution of an Engineering, Procurement and Construction (EPC) work of a 100 MWp solar power project on a Turnkey basis.
  • The company offers a range of solar products, including solar PV modules, batteries, and other equipment.
  • Waaree Renewable Technologies has a proven track record of delivering large-scale solar projects, with a focus on quality and timely completion.

Statistics:

  • Market capitalization: Rs 10,338.13 crore
  • Promoter holding: 74.39%
  • Institutional holding: 1.13%
  • Non-Institutional holding: 24.48%
  • Total traded shares: 67,682
  • 52-week high: Rs 2,090.00 (02-Jul-2024)
  • 52-week low: Rs 732.05 (07-Apr-2025)
  • Current price: Rs 991.15

Sources:

  • Accord Fintech Pvt. Ltd.
  • Contify.com