WaareeRTL bags INR 37.96 Cr EPC order for 14 MWp solar plant in UP

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WAAREERTL · price

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

-2.9%Reaction day

₹906.00

prior close

₹913.00

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-2.7%-0.2% vs market

Other Electrical Equipment peers, median of 45sector-3.8%+0.9% vs sector

On the reaction day the stock moved 0.2 pts less than Nifty Microcap 250 and 0.9 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

-1.4

10m

-1.9

15m

-2.3

30m

-1.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.9-2.7-0.2-3.8+0.9

Next day

-4.7-3.5-1.3-4.5-0.2

+0.1-2.0+2.1-2.4+2.5

-3.4-4.1+0.6-6.0+2.6

-1.2-3.9+2.7-5.2+4.0

+1.5-2.0+3.5-2.3+3.9

+0.3-0.6+0.9-2.2+2.5

15d

+1.1+4.4-3.4+6.6-5.5

-2.8+1.3-4.1+4.0-6.7

-6.0-6.9+0.9+0.0-6.0

+19.0+4.6+14.4+16.4+2.6

UpDownMarket · Nifty Microcap 250Sector · Other Electrical Equipment peers, median of 45Pending

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

AI summary

Waaree Renewable Technologies has signed an EPC contract worth about INR 37.96 Crore (excluding taxes) to build a 10 MWac/14 MWp ground-mounted solar PV plant in Uttar Pradesh for a domestic industrial gas manufacturer. The project is on a turnkey basis and is scheduled for completion in financial year 2026-27. The order is domestic, commercial in nature, and is not a related party transaction.

Likely market impact

Adds to the company's order book; supports revenue visibility though order size is modest for a growing EPC player.