Waaree Energies Shares Surge on NABL Accreditation Success

Waaree Energies’ stock rose nearly 5% after achieving NABL accreditation for its PV Module Test Lab in Gujarat, enhancing its commitment to quality and sustainability. This milestone follows a similar accreditation for its Tumb facility, reinforcing Waaree’s leadership in the solar industry. The company, with a 12 GW production capacity, raised over ₹4,300 crore in its IPO earlier this year. Investors reacted positively to this development, boosting its market cap to ₹83,810 crore.