Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Stocks in news: TCS, Infosys, RIL, HDFC Bank, Waaree Renewable
Indian markets saw a positive trend on Thursday, marking a fifth consecutive day of gains. Supportive global sentiment fueled the rally. Key companies like TCS, Infosys, RIL, HDFC Bank, and Waaree Renewable are in focus due to recent developments. Investors are watching for updates from Reliance Industries' AGM and news from other major firms.
Waaree Renewable gains after securing additional Rs 31 crore under existing solar EPC order
Waaree Renewable Technologies (WRTL) rose 1.19% to Rs 983.85 after the company announced the receipt of an enhancement in the scope of work under an existing contract from one of India's leading renewable energy companies.
Waaree Renewable bags LoA for 300 MW ground-mounted solar EPC order
Waaree Renewable Technologies has received a Letter of Award for a 300 MW/450 MWp ground-mounted solar EPC project, further strengthening its order book amid growing momentum in India's renewable energy sector.
Waaree Renewable to acquire 55% stake in Associated Power Structures for Rs 1,225 crore
Waaree Renewable Technologies is gearing up to strengthen its market position with a Rs 1,225 crore acquisition of a 55 percent stake in Associated Power Structures. This deal will officially transform Associated Power Structures into a subsidiary of Waaree by June 15, 2026. Such a substantial investment signifies a transformative moment for the renewable energy landscape.
US-Iran war, gas crisis, puts the spotlight on renewable stocks like Waaree, ACME and others
On Wednesday, the Ministry of New and Renewable Energy has expanded the order on approved list of model manufacturers (ALMM) to introduce ALMM List-III for ingots and wafers, which will take effect from June 1, 2028.
Italian energy major Enel files international arbitration against Waaree Energies
Italian energy giant Enel SpA has launched arbitration proceedings against solar manufacturer Waaree Energies Ltd. The case, filed in London, concerns alleged loss of profits following a failed acquisition of Enel's Indian renewable arm. Waaree Energies disputes the claims and plans to contest them. The financial impact remains undetermined pending the arbitration outcome. Waaree will explore all legal options.
Waaree Energies jumps 3.5%, Emmvee gains 2% as govt sticks to ALMM timeline
Govt also said that certain net-metering, open access, and renewable energy projects could still receive time extensions on a case-by-case basis to protect investments already made