Waaree Energies’ wholly owned subsidiary -- Waaree Power (WPPL) has acquired 76% stake in Racemosa Energy (India) for an aggregate consideration of Rs 53.20 crore. Consequently, Racemosa Energy (India) has become step-down subsidiary of the company effective from November 07, 2025.
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.
| Company Name | CMP |
|---|---|
| Havells India | 1306.10 |
| Siemens | 3666.15 |
| Apar Inds | 11453.50 |
| ABB India | 7049.95 |
| Waaree Energies | 3470.85 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: