Archive · 20 Jun 2025
Waaree Energies Shares Soar Amid US Expansion Plans
Waaree Energies, a solar panel maker, saw its stock price jump.
This is partly because they are expanding their manufacturing in the US, planning to make more panels by 2026.
Their subsidiary also got a big order for solar modules.
Experts think the stock is doing well, with some suggesting the company might be added to an index, which could bring in more investors.
Technically, the stock looks positive.
Waaree Energies' shares rose 11.64% on Friday.
The company is expanding its US manufacturing base, specifically in Texas.
Waaree aims to increase its manufacturing capacity to 3 GW by FY2026.
The company's subsidiary secured an order for 599 MW of solar modules.
Analysts note positive outlook, citing FTSE index inclusion as a catalyst.
- Who
- Waaree Energies, a solar PV module manufacturer.
- What
- Shares of Waaree Energies increased in value.
- When
- On Friday.
- Where
- United States (Texas).
- Why
- Due to expansion plans and positive market outlook.
- Company
- Waaree Energies Ltd
- Stock Performance
- Up 11.64% on Friday
- Manufacturing Capacity Target
- 3 GW by FY2026
- Subsidiary Order
- 599 MW of solar modules
- Primary location
- Mumbai
