Waaree Energies Shares Surge on Massive 1,500 MW Solar Module Order

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CNBC TV18•31-12-2025, 12:52
Waaree Energies Shares Surge on Massive 1,500 MW Solar Module Order
- •Waaree Energies secured a 1,500 MW solar module supply order from a major power sector customer.
- •The order includes 1,000 MW DCR and 500 MW non-DCR modules, with supplies scheduled for FY 2026-27.
- •The company also entered the Futures and Options (F&O) segment, with trading starting today.
- •CEO Amit Paithankar resigned, effective May 15, 2026; Jignesh Rathod appointed CEO designate.
- •Waaree Energies shares gained 0.80% to ₹3,001.40, despite a 23% correction from its post-listing high.
Why It Matters: Waaree Energies gains from a significant solar order and F&O entry, amidst leadership changes.
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