73,230 crore company receives another new order, shares are soaring, investors are making profits:Waaree Energy manufactures solar panels and provides innovative solar solutions, including EPC services, project development, and rooftop systems

News Topical, Digital Desk : Solar stock: Shares of solar panel manufacturer Waaree Energies are constantly in the focus of investors as the company continues to receive orders and its order book continues to strengthen. On Friday, the last trading day of the week, Waaree Energies shares closed at Rs 2,548.

With a market cap of ₹73,230 crore, Waaree Energies Ltd shares are trading at a PE of 27, compared to its industry's PE of 29. This solar PV module manufacturer with a total installed capacity of 24 GW has several solar module manufacturing plants in India and abroad.

Details of the order received by the company

Waaree Energies has received a new order for 105 MW of solar modules on January 8, 2026, to be delivered within FY26. This new order will help the company further strengthen its position in India's utility-scale solar ecosystem. This contract does not involve any related party involvement or promoter interests. The company has not yet disclosed the source of the order.

How was the business in the second quarter?

Mumbai-based Waaree Energy manufactures solar panels and provides innovative solar solutions, including EPC services, project development, and rooftop systems. The company's consolidated net profit for the second quarter of FY26 increased 32.97% year-on-year (YoY) to ₹842.55 crore compared to ₹361.65 crore in the same quarter last year. Revenue from operations increased 69.69% to ₹6,065.64 crore for the quarter ended September 30, 2025. The company has an order book of approximately ₹47,000 crore.