Waaree Energies Limited has informed the Exchange regarding 'Receipt of order on August 26, 2025'.
WAAREEENER · price
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On the reaction day the stock moved 6.9 pts more than Nifty Midcap 150 and 6.8 pts more than its Other Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Waaree Energies' wholly-owned US subsidiary, Waaree Solar Americas, has received an order on August 26, 2025 to supply 452MW of solar modules. The customer is a reputed US-based developer and owner-operator of utility-scale solar and energy storage projects. The supply is to be delivered across FY 2025-26 and FY 2026-27, making it a one-time export order. The order is international in nature, and the company has clarified that there is no promoter group interest and the order is not a related-party transaction. No monetary value of the contract has been disclosed in the filing.
This is a sizeable export order that strengthens Waaree's US solar module business and provides revenue visibility over the next two financial years. Positive for sentiment, though the lack of disclosed contract value limits precise impact assessment on near-term earnings.