Waaree RTL wins 450 MWp domestic solar EPC order

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WAAREERTL · price

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

+2.4%Reaction day

₹658.00

prior close

₹675.55

announcement price

In-mkt

timing

Nifty Microcap 250market+1.7%+0.7% vs market

Other Electrical Equipment peers, median of 51sector+2.1%+0.3% vs sector

On the reaction day the stock moved 0.7 pts more than Nifty Microcap 250 and 0.3 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

+0.6

10m

-0.2

15m

-0.1

30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.4+1.7+0.7+2.1+0.3

Next day

+2.2pendingpending+1.8+0.4

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15d

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UpDownMarket · Nifty Microcap 250Sector · Other Electrical Equipment peers, median of 51Pending

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

AI summary

Waaree Renewable Technologies received a letter of award from a leading domestic independent power producer to execute engineering, procurement and construction works for a 450 MWp solar project. The commercial order is scheduled for completion in financial year 2027-28. The contract value and counterparty name were not disclosed.

Likely market impact

The award may support future revenue and order visibility, but the contract value and profit margin were not disclosed.