The shares of Waaree Energies Restricted have been buying and selling at ₹2,464.35 down by ₹209.05 or 7.82 per cent on the NSE in the present day at 10.55 am.
Waaree Energies Restricted, a number one photo voltaic module producer, secured a Letter of Award on January 20, 2025, for supplying 180 MWp of photo voltaic photovoltaic modules to an unnamed home renewable vitality developer. The provision is scheduled to start within the fiscal yr 2025-26.
The contract was awarded by an organization that specialises in proudly owning, growing, and working renewable energy initiatives in India. The deal represents a major one-time provide settlement for Waaree.
Waaree confirmed that the contract doesn’t contain any associated get together transactions and that its promoter group has little interest in the awarding entity.