Waaree Technologies hit their 5% upper circuit at Rs 383.75 on the BSE in intraday trade after the company announced that it won an order for 99 sets of solar off-grid combo sets on Wednesday.
“Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulation”), please take note that the company has received an order of 99 sets of solar off-grid combo sets on January 15, 2025, from a customer engaged in the trading activities, to be delivered in three months,” the exchange filing to the stock exchanges said.
As stated in the filing, the customer who has ordered the solar off-grid combo sets is engaged in trading activities and this supply contract is expected to be executed within three months.
No further details about the order win have been provided by the company.
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