December 1, 2025 – Shares of Waaree Energies are under the spotlight following the company’s latest order for 140 MW solar modules from a renowned customer engaged in renewable power projects in India for the financial year 2025-26.

Recently, the company commenced operations at its new solar module manufacturing facility in Degam, Chikli, Gujarat, which has two lines with an annual capacity of 1,050 MW each (total 2,100 MW). Operations at the facility began on November 14, 2025.

On November 18, Income Tax Department officials visited some company offices and facilities in India as part of an investigation under the Income Tax Act, 1961.

In the previous trading session, Waaree shares closed at ₹3,173.50, down 1.33%, trading 17.88% below its 52-week high of ₹3,864.40 and 75.46% above its 52-week low of ₹1,808.65. The company’s market capitalization stands at ₹91,282.84 crore.

Investors will be closely watching Waaree Energies as the company ramps up its manufacturing capacity and delivers on large-scale renewable energy orders.