Waaree Renewable Technologies informed that it received Rs 232.30 crore order from promoter Waaree Energies Limited, according to the BSE filing. Shares of the company settled 2.89% lower to Rs 922.10 per share but gained 16.10% in last 1-week. The company has a market capitalisation of Rs 9,612.58 crore. Its return on equity is 58.93%. Meanwhile, FII/FPI’s holdings zoomed from 0.98% to 0.99% for December 2024 quarter. Waaree Renewable Technologies shares soared 501.42% in last 2-years. Check key details below:
Waaree Renewable Technologies Bags Order
According to the exchange filing of the company dated March 25, “we are pleased to inform that “WAAREERTL” has received a Letter of Award (LOA) for the execution of Engineering, Procurement and Construction (EPC) works for Ground mount solar power project including Operation and Maintenance (O&M) of 170 MW AC/255 MW DC capacity on turnkey basis.” The size of the order is approximately Rs 232.30 crore (excluding taxes). The project needs to be executed in the FY 2025-26.
Earlier on March 11, 2025, the company informed that a consortium of three companies including WAAREERTL bagged an order worth over Rs 740 crore for EPC work of a 125 MW AC solar power project.
Waaree Renewable Technologies Shares Performance
The 52-week high of Waaree Renewable Technologies share price on BSE stood at Rs 3037.75 per share (as on 26/04/2024) and 52-week low price is Rs 759.00 per share (as on 04/03/2025), respectively. Waaree Renewable Technologies shares gained 14.8% in last 2-weeks when Sensex soared 5.28%. In last 6-months, Waaree Renewable shares slipped 52.22% and slipped 37.2% in last 1-year. The stock offered returns of 1474.09% in last 3-years and rose massively by 44231.73% in last 5-years.
Waaree Renewable Financial Compared With Peers
The company for the quarter ended December 2024 declared its profit after tax (PAT) at Rs 53.55 crore. In comparison, its peer NTPC declared its PAT for the similar quarter at Rs 4,711.42 crore, SJVN announced at Rs 139.25 crore, and NAVA declared at Rs 47.38 crore.
Waaree Renewable Technologies Stock Split
It performed 1:5 stock split in 2024 and set March 16 as record date.
Waaree Renewable Dividend History
The company recommended a total of 5 dividends since 2021. It recommended an equity dividend of Rs 2.00 per share in last 1-year.
Waaree Renewable Technologies Shares Fall 69.65% From Highs
The stock plunged steeply by 69.65% from 52-week high price of Rs 3037.75 per share, if last trading price of Rs 922.10 per share is taken into consideration.
Waaree Renewable About
Waaree Renewables Technology Limited (WRTL) is a subsidiary company of Waaree Group and spearheading the Solar EPC business. It has already installed over 10000 solar projects, with a total operating capacity of 600+ MW.
Disclaimer: The story highlights order win and should not be considered as investment advice by the Moneydaily.in or the Author. Moneydaily.in and the author will not be held responsible for any losses caused as a result of decisions based on the above information. Moneydaily.in advises readers to do their own research or consult a SEBI registered investment advisor before making any investment decisions.
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