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Waaree Energies' shares climb after securing a major solar order and reporting profit growth.
Waaree Energies, an Indian renewable company, saw its shares rise by 2.6% following a 362.5 MWp solar module order from Khaba Renewable Energy, to be fulfilled in fiscal year 2025-26.
Waaree plans to expand its module and cell capacity to 21 GW and 11 GW by fiscal year 2027, respectively.
The company also secured a contract to develop a green hydrogen production facility and reported a four-fold increase in net profit.
Shares have gained 47.72% over the past six months.
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Las acciones de Waaree Energies aumentan después de asegurar un importante orden solar y reportar un crecimiento de beneficios.