Waaree Energies

Waaree Energies Subjected to Large-Scale IT Investigation in Maharashtra & Gujarat

The solar-module maker Waaree Energies Ltd. is at the centre of a major scrutiny storm as the Indian Income Tax (IT) Department launches comprehensive investigations in the states of Maharashtra and Gujarat.  The wide-ranging action covers company offices, factories and residences connected with the firm and signals serious questions on transactions, growth and compliance. This…

Waaree Energies

Waaree Energies Market Cap Crosses ₹1 Lakh Crore After 8% Surge

Waaree Energies has crossed a major milestone. Its market value went past ₹1 lakh crore after its share price surged by 8%. The rally pushed the stock to a new 52-week high of ~₹3,749.70 on the Bombay Stock Exchange. We see this as more than just numbers. This is a sign of strong faith from…