Green energy stock jumps after receiving order from Aditya Birla Renewable for solar PV modulesGreen energy stock jumps after receiving order from Aditya Birla Renewable for solar PV modules

Introduction:

Leading Green energy company has secured a significant order for the supply of 410 MWp solar PV modules from ABREL EPC Limited, a subsidiary of Aditya Birla Renewables, strengthening its position in India’s renewable energy sector with sustainable power solutions.

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Share price movement of Waaree Energies:

On February 27, 2025, Waaree Energies Ltd opened at ₹2,299.90, up 2.32% from its previous close of ₹2,269.40. The stock reached a high of ₹2,300.00, a 1.36% rise, and a low of ₹2,207.75. By 10:37 AM, it traded at ₹2,216.65, with a market cap of ₹63,676.32 crore.

Waaree Energies Secures 410 MWp Order:

Waaree Energies Limited has secured a significant order for the supply of 410 MWp solar PV modules from ABREL EPC Limited, a subsidiary of Aditya Birla Renewables Limited. This order strengthens Waaree’s position in the renewable energy sector, contributing to India’s clean energy transition.

The modules will be supplied in FY 2025-26 as part of a one-time contract. ABREL EPC, engaged in renewable power development, selected Waaree Energies to enhance its solar energy capacity. The deal reflects growing demand for high-efficiency solar solutions in India’s green energy sector.

Waaree Energies confirmed that the contract does not fall under related-party transactions, nor does the promoter group hold any interest in ABREL EPC. The company has made this information available on its official website, ensuring transparency in its latest business developments.

Recent news on Waaree Energies:

As of February 01, 2025, Waaree Energies Ltd reported a 260% surge in consolidated net profit to ₹507 crore for Q3 FY25. Revenue from operations rose 117% year-on-year to ₹3,458 crore, surpassing market expectations and showcasing strong business growth.

Stock performance of Waaree Energies for Period of 1 week and 1 month:

Waaree Energies Ltd recorded a 1.76% decline in its stock value over the past week but showed strong momentum with an 8.45% gain in the last month, reflecting positive investor sentiment and sustained growth in the renewable energy sector.

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Shareholding pattern of Waaree Energies:

Particulars	Dec 2024	Oct 2024
Promoter	64.30%	64.30%
FII	1%	2%
DII	2.70%	3.00%
Public	31.60%	30.50%

About Waaree Energies:

Waaree Energies Ltd (NSE: WAAREEENER), incorporated in 1990, is a leading Indian solar PV module manufacturer with a 12 GW installed capacity. It operates five manufacturing facilities in India and has a strong international presence in the renewable energy sector.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.