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Waaree Energies lists with 70% premium on the BSE

28 Oct 2024 Evaluate

Waaree Energies has debuted at Rs 2550.00 on the BSE, up by 1,047 points or 69.66% from its issue price of Rs 1503.00. 

The scrip is currently trading at Rs 2399.95, up by 896.95? points or 59.68% from its issue price. 

It has touched a high and low of Rs 2600.00 and Rs 2294.55 respectively. So far 18.07 lakh shares were traded on the counter.

The offering, which was open for subscription between October 21, 2024 and October 23, 2024 was subscribed around 76 times. The issue price was fixed at Rs 1503 per share i.e. at upper end of price band of Rs 1427-1503 apiece.

Waaree Energies is primarily engaged in the business of manufacture of Solar Photo-voltaic Modules, setting up of Projects in solar space and sale of electricity.

Peers
Company Name CMP
Waaree Energies 2483.00
Apar Industries 17809.25
Havells India 1091.00
Suzlon Energy 40.74
Siemens 3852.65
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