Waaree Renewable Technologies: Intimation of receipt Letter of Award (LOA) for Solar Power Project of 450 MWp
Waaree Renewable Technologies (WAAREERTL) said it has received an order. The company is valued at about ₹7,080 crore.
What happened
In a filing with the BSE on 27 October 2026 at 03:00 PM, Waaree Renewable Technologies (WAAREERTL) said that it has received an order.
From the filing: "The Company received intimation / the Letter(s) of Award on October 27, 2026, at 12:36 pm (IST)."
Company snapshot
Waaree Renewable Technologies is a small-cap company in the Capital Goods sector, with a market value of about ₹7,080 crore.
The stock last traded at ₹678.3, against a 52-week range of ₹673.2–₹1,358 (50.1% below the high).
Before this filing the shares had moved −20.0% over the month and −27.2% over three months. Average daily turnover over the last 20 sessions was about ₹18.2 crore.
Promoters held 74.30% at the end of Q2 FY27, down 0.02% points from the previous quarter. Foreign institutions owned 2.02% and domestic institutions 0.09%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q2 FY26 | 775 | 116.3 | 11.16 |
| Q3 FY26 | 851 | 120.2 | 11.5 |
| Q4 FY26 | 1,102 | 155.7 | 14.96 |
| Q1 FY27 | 924 | 115.9 | 11.11 |
| Q2 FY27 | 1,058 | 73.9 | 7.07 |
What history shows
BCEIE's records show 12 or more previous order win filings from the company since May 2026.
After those filings, the stock gained 0.1% on average the next trading day and was up 0.2% on average after five days (10 filings with price data).
Across 209 similar disclosures by other Capital Goods companies, shares moved +1.5% on average the next day and +1.5% over five days; 58% of them rose the next day.
Market-wide, 2,047 order win filings with an impact score of 50 or more saw an average next-day move of +0.8%, with 53% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 15 Oct 2026 | Herewith intimation on update of Award received to the Company | +2.5% | — |
| 8 Oct 2026 | Herewith disclosure for Order awarded to the Company | +0.9% | +5.2% |
| 28 Sept 2026 | Bagging/Receiving of orders/contracts | −0.7% | −0.0% |
| 28 Aug 2026 | Order win | −0.3% | −1.8% |
| 10 Aug 2026 | Order win | −0.4% | −1.3% |
What to watch
- Execution progress and revenue recognition from this order in the coming quarters.
In the news
Recent coverage elsewhere (links open the original publisher):
- Waaree Renewable’s Q2 Revenue Rises 37%, But Solar EPC Revenue Falls 42%
- We See No Signs Of A Slowdown In Renewables: Waaree Renewable Technologies CFO
- Waaree Renewable Q2 results: Profit falls 30% to ₹82 crore despite 37% revenue growth
- Waaree Renewable Technologies Reports 36.53% Revenue Growth In Q2 FY27 As Profit Declines 29.98%
- Waaree Renewable promoter confirms no encumbrance on shares
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.