Waaree Energies Shares jump 7% after US arm wins 540 MW order – BUY, SELL or HOLD?

Stock Market Today | On Monday, 30 June 2025, Nifty 50 was trading 0.47% lower at 25517.05, while the Sensex 30 was trading 0.54% lower at 83606.46. On the sectoral front, the Nifty IT index was up 0.33%, and the Nifty Bank index was down 0.23%.

Share price movement of Waaree Energies – 30 June 2025

On Monday, 30 June 2025, Waaree Energies share price was Rs 3,139.40, up 6.51% from its previous close of Rs 2,947.50. The stock reached a high of Rs 3,154.00 and a low of Rs 2,972.10. A total of 9,100,008 shares changed hands, compared to its average volume of 2,596,270. The company has a market cap of Rs 901.896 billion and a PE ratio of 46.11.

Waaree Energies Share Price Target 2025

Nuvama Institutional Equities has a “BUY” rating on Waaree Energies shares with a target price of Rs 3,622 apiece. As of Monday, 30 June 2025, the share price of Waaree Energies was Rs 3,139.40. From this level, the potential upside is approximately 15.4%.

Recent news on Waaree Energies:

Shares of Waaree Energies rose between 6% and 7% today after its wholly owned subsidiary, Waaree Solar Americas, announced a contract to supply 540 MW of solar modules to a U.S.-based utility-scale solar and energy storage developer. The deliveries are scheduled in two phases, with 270 MW in 2025 and the remaining 270 MW across 2027 and 2028. This is Waaree’s third large order from the U.S. market in the current year and part of its ongoing expansion in North America. The stock touched an intraday high of Rs 3,154, the highest level since December, and closed the session with a gain of around 6.5%, supported by strong trading volumes.

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Stock performance of Waaree Energies (1W, 6M, 1Y)

As of 30 June 2025, Waaree Energies has delivered a 5.03% return over the past week, 12.51% over the past six months, and 108.88% over the past year.

Shareholding pattern of Waaree Energies:

ParticularsMar 2025Dec 2024
Promoters64.31%64.31%
FII0.70%1.40%
DII2.46%2.70%
Public32.53%31.58%

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