NSE: WAAREEENER · 28 October 2026
- Waaree Energies Limited (WAAREEENER) declined by 1.26% today, settling at ₹2,246.40 compared to its previous close of ₹2,275.00. The stock opened lower at ₹2,224.40, marking a gap-down of 2.22%, and traded within a daily range of ₹2,163.40 and ₹2,306.40.
- Waaree Energies reported operating revenue of ₹7,517.70 crores for the quarter ended September 30, 2026, up 23.9% year-on-year, with a profit after tax of ₹753.60 crores. For the half-year period, revenue reached ₹15,449.50 crores, representing a 47.3% increase compared to the corresponding period last year, accompanied by an operating cash flow of ₹3,483.60 crores. The company's total order book stood at approximately ₹59,200 crores as of October 26, 2026.
- Trading volume was 4.03 times the 20-day average daily volume.
Why is Waaree Energies share price falling on 28 October 2026?
Waaree Energies Limited (WAAREEENER) declined by 1.26% today, settling at ₹2,246.40 compared to its previous close of ₹2,275.00. The stock opened lower at ₹2,224.40, marking a gap-down of 2.22%, and traded within a daily range of ₹2,163.40 and ₹2,306.40.
The broader market and sector benchmarks reflected weakness, with the Nifty falling 0.22% and the Nifty IT sector benchmark declining 1.98%. Waaree Energies underperformed the broader Nifty index while showing relative resilience compared to the sector benchmark. The stock's recent performance shows a 5-day return of -8.50% and a 20-day return of -8.50%, extending the recent pullback from its 52-week high of ₹3,590.00, while trading just above its 52-week low of ₹2,161.50.
The price movement coincides with the company's recent release of its financial results for the quarter and half year ended September 30, 2026, alongside board approvals for expanding data center infrastructure through the acquisition of Waaree Green Data Centers Private Limited.
28.17 lakh shares traded by 28 October 2026 · 03:10 PM IST. This compares with a 20-day average daily volume of 6.99 lakh shares (4.03 times). The five-day average daily volume was 7.33 lakh shares. Separately, the NSE report for 27 October 2026 showed 3.73 lakh shares delivered, representing 41.03% of that day’s traded volume. The same report recorded 51,911 trades.
The stock declined by 1.26% on heavy trading volume exceeding 4 times its 20-day average. While the company recently released quarterly financial results and strategic expansion updates, no single direct catalyst explains the downward price action, pointing to stock-specific positioning and broader sector headwinds.
Latest Company Developments
Waaree Energies reported operating revenue of ₹7,517.70 crores for the quarter ended September 30, 2026, up 23.9% year-on-year, with a profit after tax of ₹753.60 crores. For the half-year period, revenue reached ₹15,449.50 crores, representing a 47.3% increase compared to the corresponding period last year, accompanied by an operating cash flow of ₹3,483.60 crores. The company's total order book stood at approximately ₹59,200 crores as of October 26, 2026.
Financial results and order book size provide essential visibility into execution capabilities and revenue growth across domestic and international markets.
The board of directors approved the acquisition of 100% shareholding in Waaree Green Data Centers Private Limited, along with its two wholly-owned subsidiaries, Aurovault Data Centers Private Limited and Sunstar Data Centers Private Limited, from Waaree Renewable Technologies Limited for a cash consideration of ₹1,00,000. This move marks the company's evaluation of entering the business of developing, owning, and operating hyperscale and AI-edge data centers.
This strategic acquisition diversifies the company's infrastructure platform beyond solar manufacturing into the growing digital infrastructure and cloud services sector.
The company secured board approval for an investment of approximately $37 million to expand the Meyer Berger facility in Arizona, USA, adding 0.6 GW of capacity to reach a total US manufacturing capacity of 4.8 GW by March 2027. This capacity addition supports the company's growing footprint in international markets, particularly the US export segment.
Scaling international manufacturing capacity strengthens the company's global market share and helps navigate evolving trade policies.
Violation of SEBI (PIT) Regulations, 2015 by Designated Person.
a press release for the Unaudited Financial Results for the quarter and half year ended September 30, 2026
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 2.71% on 30 September 2026. This compares with 2.81% on 30 June 2026, a change of -0.10 percentage points.
The filing reported 24 MF/UTI holders.
Research & Brokerage Views
Maintained a Buy rating with a target price of Rs 3,850 based on growth prospects in solar manufacturing and EPC services.
What to Watch Next
- Execution progress on the robust ₹59,200 crore order book across module manufacturing and EPC segments
- Developments regarding the ongoing U.S. Customs and Border Protection investigation noted in financial results
- Progress on the Arizona manufacturing capacity expansion aiming for 4.8 GW by March 2027
- Integration and operational updates concerning the newly acquired data center subsidiaries
Other Dated Coverage
- Waaree Energies Share Price Today: Why WAAREEENER Is Falling 1.90% | 27 October 2026 — 27 October 2026
- Waaree Energies Share Price Today: Why WAAREEENER Is Falling 1.09% | 23 October 2026 — 23 October 2026
- Waaree Energies Share Price Today: Why WAAREEENER Is Falling 3.46% | 22 October 2026 — 22 October 2026
More Waaree Energies news and dated analysis →
Frequently Asked Questions
What is the latest Waaree Energies company news?
Waaree Energies reported operating revenue of ₹7,517.70 crores for the quarter ended September 30, 2026, up 23.9% year-on-year, with a profit after tax of ₹753.60 crores. For the half-year period, revenue reached ₹15,449.50 crores, representing a 47.3% increase compared to the corresponding period last year, accompanied by an operating cash flow of ₹3,483.60 crores. The company's total order book stood at approximately ₹59,200 crores as of October 26, 2026.
How strong was Waaree Energies’s trading volume?
28.17 lakh shares traded, 4.03 times the 20-day average daily volume. The price and volume data are dated 28 October 2026 · 03:10 PM IST.
Do the mutual-fund figures show buying today?
They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.