India's Waaree Energies rises on share subscription agreement with United Solar Holdings

Waaree Energies

11/03/2026 04:14

** Shares of Waaree Energies WAAN.NS up 2% at 2,709 rupees

** The clean energy firm's U.S. unit Waaree Solar Americas Inc enters into share subscription agreement to subscribe shares of United Solar Holdings Inc for $30 million

** Avg rating of 13 analysts covering the stock is "buy" and median PT is 3,600 rupees, ~33% higher than current price, according to data compiled by LSEG

** YTD, WAAN stock down 8.6%

 (Reporting by Anuran Sadhu in Bengaluru)

 ((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))