Waaree Energies

The Solar power plant will enable the generation and transmission of clean energy via the Inter-State Transmission System (ISTS)

Shares of Waaree Energies surged 7.18 per cent at Rs 3,184.95 per share on the BSE in Tuesday's intraday trade

NABL (National Accreditation Board for Testing and Calibration Laboratories) accreditation is a recognition provided by the Government of India to testing and calibration laboratories

The rise in the Waaree Renewables scrip came after the company announced that it has secured a Term Sheet for the execution of EPC works for Ground mount Solar PV project of 2,012.47 MWp DC capacity

The company's profit after tax rose 17 per cent YoY at Rs 376 crore on account of other income.

In the previous session, Sensex fell 0.31 per cent to end at 77,339.01, while the Nifty slipped 0.34 per cent to settle at 23,453

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Waaree Energies on Monday reported a 17 per cent rise in consolidated net profit at Rs 375.6 crore in the July-September quarter, helped by higher income. It had posted Rs 320.1 crore profit for the July-September period of the preceding 2023-24 fiscal, the company said in a regulatory filing. Post its listing on October 28, this is the first quarterly result of Waaree Energies. It made its market debut at Rs 2,550, reflecting a jump of 69.66 per cent from the issue price price of Rs 1,503. The company's total income rose to Rs 3,663.4 crore in the quarter under review, from Rs 3,558.5 crore in the second quarter of the last financial year. Its expenses during the quarter were at Rs 3,164.6 crore, as against Rs 3,123.9 crore in the year-ago period. The board also approved an investment of up to Rs 600 crore in its wholly-owned subsidiaries for setting up and development of the infrastructure (including land and connectivity) for the purpose of developing renewable power projects a

Waaree Energies share price: Waaree Energies (Waaree) share price hit a new high of Rs 2,718.75 as it surged 12 per cent on the BSE in Thursday's intraday trade