WAAREERTL bags 210MWp solar EPC order from group firm

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WAAREERTL · price

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

-0.1%Reaction day

₹907.00

prior close

₹906.05

announcement price

After-mkt

timing

Nifty Microcap 250market+0.4%-0.4% vs market

Other Electrical Equipment peers, median of 50sector-0.0%-0.0% vs sector

On the reaction day the stock moved 0.4 pts less than Nifty Microcap 250 and in line with 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

+0.4

15m

+0.3

30m

+0.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.1+0.4-0.4-0.0-0.0

Next day

+0.1+0.4-0.2-0.1+0.3

+0.4+0.3+0.1+0.0+0.4

-0.2+0.2-0.4+0.1-0.3

-1.2+0.5-1.7-1.3+0.1

-1.7+0.7-2.3-0.8-0.9

-0.8+0.9-1.7-1.5+0.7

15d

-3.5+1.6-5.2-3.3-0.2

-6.2+2.4-8.6-1.9-4.3

-8.9+1.1-10.1-3.4-5.5

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UpDownMarket · Nifty Microcap 250Sector · Other Electrical Equipment peers, median of 50Pending

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

AI summary

WAAREERTL has signed a turnkey EPC contract for a 210MWp (150MWac) ground-mounted solar project with Solaris Horizon Energy Private Limited (SHEPL), including 2 years of O&M services. The project is to be completed in FY 2027-28. Note: SHEPL is a step-down subsidiary of parent Waaree Energies, making this a related party transaction done at arm's length. The order value was not disclosed.

Likely market impact

Positive order win but from the promoter group's subsidiary, making it a related party deal. Order value not disclosed, limiting revenue impact assessment.