Waaree Energies Share Price Rises Amid Stake Sale in Indosolar and Strong Q1 Performance

Market Performance

Waaree Energies' share price continued its upward rally for the second day in a row on July 10, 2025. The stock climbed nearly 2% intraday, hitting a high of ₹3,180.50.

• 2-day gain: ~9%
• Previous session rise: ~5%
• Current price: ₹3,180.50 (intraday high)
• 52-week high: ₹3,740.75 (November 2024)
• 52-week low: ₹1,808.65 (April 2025)
• YTD performance: Up ~10% with five positive months out of 7

Main News: OFS to Sell Stake in Indosolar

Waaree Energies, acting as a promoter of Indosolar Ltd, has launched an Offer for Sale to divest 10 lakh shares, equivalent to a 2.4% stake in the company.

• Sale route: OFS through BSE and NSE
• Dates: July 10–11, 2025
• Floor price: ₹265 per share
• Retail investor discount: None

Shareholding Structure (As of March 31, 2025):

• Promoters: 96.15%
• Public shareholders: 3.85%

The OFS aligns with regulatory norms under Rule 19A(5) of the Securities Contracts (Regulation) Rules, 1957, and SEBI's LODR regulations, aiming to increase public shareholding and ensure compliance.

OFS Allocation Details:

• Retail investor reservation: 10%
• Minimum allocation for mutual funds and insurers: 25% (subject to valid bids)
• Broker: Antique Stock Broking Ltd
• Designated Exchange: BSE
• Bidding Hours: 9:15 a.m. – 3:30 p.m.

Company Details: New Orders Boost Global Presence

Waaree Energies' international footprint has strengthened with new business wins from the U.S. market. In June 2025, the company secured a 599 MW solar module order via its U.S.-based subsidiary, Waaree Solar Americas Inc.

• June 2025 order: 599 MW
• Earlier U.S. order: 586 MW
• Total Q1 FY26 order inflow: Over 1,200 MW
• Region: United States

This significant order pipeline highlights the company's robust execution capabilities and growing traction in international markets.

Financial Performance: Q4 and FY25 Overview

Revenue

• Q4 FY25: ₹4,140.92 Crore
• YoY Growth: 37.69%

Net Profit

• Q4 FY25: ₹648.49 Crore
• YoY Growth: More than doubled

Full-Year FY25 Performance:

• PAT: ₹1,932.15 Crore
• YoY Growth: 107.08%
• Total Revenue: ₹14,846.06 Crore
• YoY Growth: 27.62%

Waaree Energies' strong bottom-line growth was driven by improved operational efficiency and higher order execution during the year.

Summary of the Article

Waaree Energies' share price saw a significant boost, climbing nearly 9% over two days, driven by two important developments:

1. Stake sale announcement: The company is offloading a 2.4% stake in Indosolar through an OFS to comply with public shareholding norms.
2. Strong fundamentals: Robust financial results for Q4 FY25, along with international orders exceeding 1,200 MW, have further strengthened investor sentiment.

The recent price action and order inflows indicate positive operational momentum and continued market interest in the renewable energy major.