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    Waaree Renewable Technologies rises on getting LoI for EPC services


    September 13, 2023 - Accord Fintech

     

      India, Sept. 13 -- Waaree Renewable Technologies is currently trading at Rs. 1238.95, up by 4.85 points or 0.39% from its previous closing of Rs. 1234.10 on the BSE.

      The scrip opened at Rs. 1249.90 and has touched a high and low of Rs. 1280.00 and Rs. 1231.00 respectively. So far 4874 shares were traded on the counter.

      The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1509.45 on 28-Jul-2023 and a 52 week low of Rs. 425.05 on 30-Sep-2022.

      Last one week high and low of the scrip stood at Rs. 1318.40 and Rs. 1167.00 respectively. The current market cap of the company is Rs. 2570.03 crore.

      The promoters holding in the company stood at 74.51%, while Non-Institutions held 25.49% stake in the company.

      Waaree Renewable Technologies has received a letter of intent (LoI) for Engineering, Procurement and Construction (EPC) services in respect of setting up of a solar power project of 52.6 MWp capacity. The project is expected to be completed in the FY 2023-24, as per the terms of order.

      Waaree Renewable Technologies operates as a renewable equipment company. The company offers solar PV modules, batteries, and other solar products. Published by HT Digital Content Services with permission from Accord Fintech. For any query with respect to this article or any other content requirement, please contact Editor at contentservices@htlive.com

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