WaareeRTL bags 300MW solar EPC order from subsidiary

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WAAREERTL · price

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

-3.2%Reaction day

₹971.95

prior close

₹949.35

announcement price

In-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-2.0%-1.2% vs market

Other Electrical Equipment peers, median of 49sector-1.7%-1.5% vs sector

On the reaction day the stock moved 1.2 pts less than Nifty Microcap 250 and 1.5 pts less 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

+1.1

10m

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15m

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30m

+0.4

Sessions after the filingfrom the prior close

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Reaction day

-3.2-2.0-1.2-1.7-1.5

Next day

-0.3-0.1-0.2+0.0-0.3

-1.9-1.6-0.4-1.0-1.0

-4.8-2.7-2.2-1.8-3.0

-1.7+0.3-2.0-0.2-1.6

-0.4+2.0-2.4+0.3-0.7

-0.2+3.7-3.9+2.5-2.7

15d

+4.6+5.2-0.6+2.5+2.1

+1.0+3.3-2.3-2.4+3.4

-6.3+9.0-15.3+1.1-7.4

-13.2+11.8-25.0-0.2-13.0

UpDownMarket · Nifty Microcap 250Sector · Other Electrical Equipment peers, median of 49Pending

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

AI summary

Waaree Renewable Technologies has signed a Letter of Award for a 300MW/450MWp Ground Mount Solar EPC project from Sunsational Power Private Limited, a subsidiary of the company itself. The contract includes two years of operation and maintenance services. Project completion is scheduled for FY 2026-27. This is a domestic commercial order and a related party transaction executed at arm's length pricing.

Likely market impact

Positive order win boosts order book, but being an inter-company deal with its own subsidiary, the revenue is largely internal and cash flow stays within the group.