By a0amdn62263@outlook.com 
Mumbai, India – June 30, 2025 – Shares of Waaree Energies Limited witnessed a robust rally on Monday, with the stock jumping 4.11% in early trade to reach ₹3,048, up from its previous closing price of ₹2,947 on Friday.
The primary catalyst for this surge appears to be a significant new order from the United States. The company’s US subsidiary has secured a substantial contract to supply 540 megawatts (MW) of solar modules. This latest order follows previous major contracts from the US for 586 MW and 599 MW, underscoring Waaree’s accelerating global expansion.
Waaree Energies is rapidly establishing a strong presence not only in India but also in the burgeoning US solar energy market. The company has already commenced work on its ambitious plan to expand the production capacity of its Bookshire plant in Texas to 3.2 gigawatts (GW) by the end of 2025. This strategic expansion is expected to further solidify the company’s foothold in the American market.
Technical Indicators Signal Strength
From a technical perspective, Waaree Energies’ stock appears to be in a strong position. It is currently trading above all its Simple Moving Averages (SMAs) ranging from 5-day to 150-day.
The Relative Strength Index (RSI) stands at 56.4, indicating that the stock is neither overbought nor oversold. The Moving Average Convergence Divergence (MACD) is at 42.3, trading above both its signal line and the centerline, which typically suggests a bullish trend.
Impressive Returns for Investors
Investors in Waaree Energies Limited have seen substantial gains. The stock has delivered approximately 22% returns over the past three months and recorded a gain of about 5% over the last six months.
While a slight decline of 2% was observed over the past month, news of the fresh order has reignited positive market sentiment. Waaree Energies’ consistent order flow from the US and its aggressive capacity expansion plans are propelling the company’s shares to new heights. Given the favorable technical indicators and robust global demand for solar energy, investors may continue to keep a close watch on this solar stock in the upcoming period.