{"id":142818,"date":"2025-01-16T15:23:53","date_gmt":"2025-01-16T09:53:53","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=142818"},"modified":"2025-01-16T17:35:38","modified_gmt":"2025-01-16T12:05:38","slug":"solar-stock-hits-5-upper-circuit-after-receiving-order-from-domestic-entity","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/solar-stock-hits-5-upper-circuit-after-receiving-order-from-domestic-entity\/","title":{"rendered":"Solar stock hits 5% upper circuit after receiving order from domestic entity"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-553918564\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>This microcap stock engaged in the business of trading e-vehicles, batteries, lithium batteries and artificial intelligence based products &amp; services has hit upper circuit today after receiving orders.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-633752706\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Price Action<\/strong><\/h2><p>With a market capitalization of Rs 413 crores, the shares of <strong><a href=\"https:\/\/portal.tradebrains.in\/stocks\/539337\" target=\"_blank\" rel=\"noreferrer noopener\">Waaree Tech Ltd<\/a><\/strong> hit 5% upper circuit at a price of Rs 383.75 apiece. The shares are trading at an upside of 5 percent compared to the previous day closing price of Rs 365.50 per equity share.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>What Happened<\/strong><\/h2><p>Waaree Technologies Limited has received an order from a domestic entity involved in trading activities. The contract requires the delivery of 99 Solar Offgrid Combos, comprising batteries, solar panels, inverters, and related components.&nbsp;<\/p><p>This domestic order is scheduled to be completed within three months, with the key terms focusing on the supply of the specified quantity of offgrid combos.<\/p><div class=\"trade-content_5\" id=\"trade-1155188740\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><h2 class=\"wp-block-heading has-medium-font-size\"><strong>About the Company<\/strong><\/h2><p>Waaree Tech Ltd. is a high-tech energy storage division of the globally acclaimed Waaree Group. Their source of revenue for the year comprises revenue from trading and sale of cells required for batteries and batteries itself. Their esteemed clientele includes renowned names like Gautam Solar, Godrej, Ace Ltd, and Greenvolt Mobility LLP.\u00a0<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Financials<\/strong><\/h2><p>The operating revenue of Waaree Tech Ltd fell from Rs 13.50 crores in H1FY24 to Rs 5.60 crores in H1FY25. This was accompanied by an increase in losses from Rs 1.99 crores to Rs 2.62 crores during the same period.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Shwetha Sairam<\/strong><\/p><\/blockquote><p class=\"has-medium-font-size\"><strong>Disclaimer<\/strong><\/p><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on <a href=\"http:\/\/tradebrains.in\/\">tradebrains.in<\/a> are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing<\/strong>.<\/p><div class=\"trade-after-content\" id=\"trade-3222809013\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>This microcap stock engaged in the business of trading e-vehicles, batteries, lithium batteries and artificial intelligence based products &amp; services has hit upper circuit today after receiving orders. Price Action With a market capitalization of Rs 413 crores, the shares of Waaree Tech Ltd hit 5% upper circuit at a price of Rs 383.75 apiece. [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":129661,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[4865,31,13525],"tags":[],"class_list":["post-142818","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","category-news","category-stock-updates"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Solar stock hits 5% upper circuit after receiving order from domestic entity<\/title>\n<meta name=\"description\" content=\"This microcap stock engaged in the business of trading e-vehicles, batteries, lithium batteries and artificial intelligence based products...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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