Waaree Energies Soars with Major Solar Deal

Waaree Energies’ stock surged over 15% in five days, boosted by a significant order to supply up to 1 GW of solar modules. The deal, with a prominent renewable energy firm, reflects the company’s growing dominance as India’s largest solar PV module manufacturer. This order, scheduled for delivery in FY 2024-26, enhances investor confidence. Additionally, Waaree reported strong Q2 profits, showcasing its operational strength and market leadership in clean energy solutions.