Waaree Energies approves ₹3,900 cr capex for new facility
after close1 source ↓written by the desknot a recommendation
- capital expenditure
- ₹3,900 crore
- Waaree Transpower
- 75.10%
- ₹190 crore
- the stock gained
- 3%
- with a market
- ₹3,173.85
On 25 Mar 2026, Waaree Energies approved a ₹3,900 crore capital expenditure for a new glass manufacturing facility. The firm also increased its stake in subsidiary Waaree Transpower to 75.10% for ₹190 crore. Following the announcements, the stock gained 3%, trading at ₹3,173.85 with a market cap of ₹91,292.91 crore.
This expansion signals growth in renewable energy solutions, potentially boosting investor sentiment in the sector.
Not investment advice. For informational purposes only.