Waaree energies limited shares Declined 1.06 per cent to ₹ 3,452.80 on the National Stock Exchange As of 2.45 PM on Thursday, Following the company’s announcing of a significant investment in its energy storage subsidiary. The stock opened Higher at ₹ 3,506.00 but Lost Ground during afternoon trading, with volumes reaching 7.60 Lakh Shares Worth ₹ 264.24 Croes.

The solar panel manufacturer disclosed late tuesday that it has invested ₹ 300 croes in wholly-Owned Subsidiary Waaree Energy Storage Solutions Solutions PRIVATE LIMITED Through a Rights IsSue. The Investment Involves 60 Crore Partly Paid-up Equity Shares of ₹ 10 Face Value Each at Par, with ₹ 5 paid on Application and The Remining ₹ 5 Payable on Call.

The funds will be utilized to establish a lithium-ion advanced chemistry storage cell manufacturing plant, marking the company’s expansion into the energy storage segment. This move aligns with India’s growing focus on renewable energy storage as the country pushes toward its Clean Energy Targets.

Waaree energy storage solutions, incorporated in February 2020, has reported nil turnsover over the past three years. The subsidiary will continue to remain fully owned by WaAree Energies Folling This Capital Infusion.

The company’s market capitalization stands at ₹ 99,164.41 broes, with the stock trading well bell bell bell its 52-wheelk high of ₹ 3,865.00 reached on september 12, 2025. 2025. 1.37 Lakh Shares in the Sell Queue Against 73,221 Shares on the Buy Side during afternoon trading.

Published on September 25, 2025