Archive · 19 Jun 2025
Indosolar Shares Soar 1,600% Upon Relisting Under Waaree Energies
Indosolar, a company that was once struggling, is back on the stock market!
After being bought by Waaree Energies, the company's shares are trading again under a new name, WAAREEINDO.
The shares started trading at a much higher price than before.
The company made a profit this year, a big change from previous losses.
This happened after Waaree Energies bought the company to help it get back on track.
Indosolar shares resumed trading on June 19, 2025, at Rs 165.06.
The relisting marks a 1,600% increase from its previous close.
Shares were suspended for three years before relisting.
Waaree Energies acquired Indosolar through insolvency proceedings.
The company reported a net profit of Rs 55 crore in FY25.
- Who
- Indosolar shareholders and Waaree Energies.
- What
- Indosolar shares resumed trading.
- When
- June 19, 2025.
- Where
- BSE and NSE.
- Why
- Due to Waaree Energies' acquisition and to meet minimum public shareholding norms.
Investor Perspective
Company Perspective
Share Value and Performance
Investor Perspective
Shares previously faced suspension and traded at low prices.
Company Perspective
Company now demonstrates profitability and increased share value.
- New Scrip ID
- WAAREEINDO
- Relisting Price
- Rs 165.06
- Previous Close
- Rs 9.71
- Market Capitalization
- Rs 686.71 crore
- FY25 Net Profit
- Rs 55 crore
- Acquisition Date
- October 2018
