LOA received for 291 MWp solar PV and 280 MWh BESS EPC project

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WAAREERTL · price

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Price reactionminutes from the announcement price · days from the prior close

+0.6%Reaction day

₹875.05

prior close

₹872.55

announcement price

In-mkt

timing

Nifty Microcap 250market+0.3%+0.3% vs market

Other Electrical Equipment peers, median of 53sector+0.2%+0.4% vs sector

On the reaction day the stock moved 0.3 pts more than Nifty Microcap 250 and 0.4 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.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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10m

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15m

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30m

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Sessions after the filingfrom the prior close

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Reaction day

+0.6+0.3+0.3+0.2+0.4

Next day

-0.3+0.6-1.0-0.1-0.2

-1.6-0.4-1.2-1.0-0.6

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15d

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UpDownMarket · Nifty Microcap 250Sector · Other Electrical Equipment peers, median of 53Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Waaree Renewable Technologies has received a Letter of Award for EPC execution of a ground-mounted 291 MWp Solar PV project along with 280 MWh Battery Energy Storage System from a domestic thermal power generating company. The project is scheduled for completion in FY 2027-28. The order is commercial and domestic, with no related party interest involved.

Likely market impact

Positive: strengthens order book in solar EPC and energy storage segment, supporting future revenue visibility for FY27-28.