Archive · 25 Sep 2025
Waaree Energies Shares Dip After Battery Storage Investment
Waaree Energies, a solar panel company, is investing ₹300 crore in its subsidiary, Waaree Energy Storage Solutions, to build a plant that makes lithium-ion batteries.
This caused their stock price to fall a little.
The company wants to get into the energy storage business to support India's plans for more clean energy.
The subsidiary has not made any money in the last few years, and the investment will help them get started.
The stock is trading below its highest price this year, with more people selling than buying.
Waaree Energies invested ₹300 crores in its energy storage subsidiary.
The investment is through a rights issue of partly paid-up equity shares.
The funds will establish a lithium-ion battery manufacturing plant.
Shares of Waaree Energies dropped 1.06% on the news.
The stock is trading below its 52-week high.
- Who
- Waaree Energies
- What
- Invested in a battery storage unit
- When
- September 25, 2025
- Where
- National Stock Exchange
- Why
- To expand into the energy storage segment
- Investment in Subsidiary
- ₹300 Crores
- Subsidiary
- Waaree Energy Storage Solutions
- Stock Price Change
- -1.06%
- Market Capitalization
- ₹99,164.41 Crores
- 52-Week High
- ₹3,865.00
- Shares Sold
- 1.37 lakh
Sources
Waaree Energies, Premier Energies: Anand Rathi initiates coverage with buy, says this
Waaree Energies invests ₹300 crore in arm Waaree Energy Storage for lithium-ion cell plant
India needs 40x surge in non-fossil energy to meet Viksit Bharat 2047 vision: CII-EY report
India boosts green push with 27 GW renewable energy added in Apr–Aug
