The mood in the Indian stock market shifted today as Waaree Energies' share price came under pressure. The stock slipped as much as 6% after the company confirmed that officials from the Income Tax Department visited some of its offices and facilities.
For a stock that has been in focus thanks to strong quarterly numbers and steady gains in 2025, the sudden dip stood out across stock market today updates.
Market Performance: Waaree Energies Share Price Today
The opening hour of trade saw heightened activity in the Waaree Energies stock price, with investors reacting quickly to the company’s disclosure.
Key numbers from today’s session:
- Intraday decline: Up to 6%
- Price at 9:55 am: ₹3,156 (down 4%)
- Year-to-date performance: Up 17% in 2025
Even with the sharp fall today, the stock has been in green territory for most of this year, keeping Waaree Energies news consistently in the spotlight.
Main News: IT Department Visits Waaree Energies Facilities
The company confirmed in an exchange filing that officials from the Income Tax Department visited certain offices and facilities.
Waaree Energies added that the proceedings are ongoing and it is cooperating fully with the authorities.
No further details were shared about the investigation.
The lack of clarity around the situation is what triggered the quick reaction in the Waaree Energies share during the morning trade, as market participants adjusted their positions based on the limited information available.
Company Details: Waaree Energies’ Recent Financial Performance
Beyond the day’s headlines, the company recently reported strong financial results, which had supported the sentiment around the Waaree Energies share price on the BSE until this development.
Here are the key financial numbers from the July–September quarter:
- Consolidated Net Profit: ₹871.21 crore (more than double YoY)
- Net Profit Previous Year: ₹375.66 crore
- Total Income: ₹6,226.54 crore
- Total Income Previous Year: ₹3,663.47 crore
- Expenses: ₹4,995.08 crore
- Expenses Previous Year: ₹3,164.63 crore
The company’s board has also approved a dividend of ₹2 per equity share (face value ₹10) for the financial year ending March 2026.
These numbers have played a major role in Waaree Energies’ positive momentum through much of the year, making today’s fall more noticeable.
Summary
The Waaree Energies share price today saw a sudden drop of up to 6% after the company confirmed that Income Tax officials visited some of its offices and facilities. With the proceedings underway and limited disclosures from the firm, the stock reacted quickly, trading around ₹3,156, down 4% by the morning session.
Despite the decline, Waaree Energies has delivered a 17% rise in 2025, supported by strong quarterly numbers including a consolidated net profit of ₹871.21 crore and total income of ₹6,226.54 crore. The combination of robust financials and fresh developments has kept Waaree Energies' share today at the center of market discussions.
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