OICHARTS
8 AMThe 8 AM report →
EnergyMedium impactPre-market

Waaree Energies approves Indosolar merger with share swap

pre-market1 source ↓written by the desknot a recommendation

1:11 share exchange ratio

Waaree Energies has approved the merger of its subsidiary Indosolar, with a 1:11 share exchange ratio. This move aims to consolidate solar cell and module manufacturing, simplifying the corporate structure and enhancing operational efficiency.

The merger reflects Waaree's commitment to expanding its clean energy ecosystem and may positively impact investor sentiment in the renewable energy sector.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 27 Sept 2026, 07:02 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

WAAREEENER closed −1.6% on the day of the news, from ₹2,495.00 to ₹2,455.00; Nifty −1.6% over the same session; futures OI −1.7%.

Bulletin at 07:02 IST on 27 Sept 2026. Every change is measured from ₹2,495.00, the last close before it, on 25 Sept. Nifty 50 is measured over the same sessions.

  • WAAREEENER close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
WAAREEENER closes around the bulletin against the close before the news, with Nifty 50 rebased to it220924952781axis spans 26%before the news · 25 Sept2495Nifty 50WAAREEENERbulletinD0+1+321 Sept25 Sept1 OctFutures open interest, lotspeak 55,000Reference close ₹2,495.00. 9 sessions from 21 Sept to 1 Oct; the price axis spans 26 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before25 Sept₹2,495.00basebase
On the day28 Sept₹2,455.00▼ −1.6%▼ −1.6%0.0 pp difference
+1 session29 Sept₹2,380.00▼ −4.6%▼ −1.8%−2.8 pp difference
+3 sessions1 Oct₹2,340.00▼ −6.2%▼ −3.1%−3.1 pp difference
+5 sessionsnot reached yet———
Gap at the open, % · ₹
0.0%0.00 on 28 Sept
Day's range, % · ₹
2.9%≈ 72 high to low
Volume on the day
0.95×the 20-session average
Futures OI on the day
▼ −1.7%−680 lots · long unwinding · price −1.6%
Futures OI open, lots
40,00028 Sept · 29 Sept expiry
Futures premium, ₹
+1.000.0% to spot
Puts per call, by OI
0.33from 0.36 the session before
Max pain
2,600from 2,550 the session before

Source NSE UDiFF bhavcopy · WAAREEENER on the desk →

Related