Market Performance
Waaree Energies share price opened the day on a positive note, climbing nearly 2% on March 25.
- At 09:18 am, the stock was trading at Rs 3,140.25, up Rs 54.40 or 1.76% on the BSE.
- In the previous session, it had closed at Rs 3,085.85, up Rs 22.70 or 0.74%.
The stock has seen notable movements over the past year:
- 52-week high: Rs 3,864.40 (12 September 2025)
- 52-week low: Rs 1,808.65 (07 April 2025)
Currently, the stock is 20.15% below its 52-week high and 70.62% above its 52-week low, reflecting strong resilience amid market fluctuations.
The company’s market capitalisation stands at Rs 88,761.67 crore.
Main News: Capex Approval and Stake Increase
Waaree Energies made a strategic move at its board meeting on March 24. The key decisions included:
- Capital Expenditure for Glass Manufacturing:
- Approved Rs 3,900 crore for a new glass manufacturing plant under its wholly-owned subsidiary Waaree Green Glass.
- The plant is designed with a capacity of 2,500 TPD.
- Funding will come from a mix of debt and internal accruals.
- Stake Increase in Subsidiary:
- Board approved increasing Waaree Energies’ stake in Waaree Transpower from 64.04% to 75.10% of the paid-up equity capital.
These moves indicate the company’s push to expand its manufacturing capabilities while consolidating control in key subsidiaries.
Company Details
- Name: Waaree Energies Limited
- Subsidiaries Involved:
- Waaree Green Glass – Glass manufacturing
- Waaree Transpower – Equity stake increased to 75.10%
- Recent Stock Movement: Positive trend following board decisions.
- Market Cap: Rs 88,761.67 crore
- 52-Week Range: Rs 1,808.65 – Rs 3,864.40
Summary
Waaree Energies’ share price gains reflect market optimism following the approval of a Rs 3,900 crore capex for glass manufacturing and an increase in subsidiary stake. The company continues to strengthen its operational capacity and consolidate its position in renewable energy and manufacturing.
Investors watching Waaree Energies share price will note its strong performance relative to its 52-week high and low, marking it as a stock maintaining steady growth momentum.
