Shares of Waaree Energies Ltd fell 1.5% on 30th December after touching a day’s high of Rs 2,982.80. This happened even as the company said on Monday (29th December) that its wholly owned subsidiary, Waaree Power Private Ltd, has commissioned a new solar inverter manufacturing facility at its Sarodhi–Valsad plant in Gujarat and commenced commercial operations.

Waaree Energies said the new facility includes two solar inverter manufacturing lines. Each has an annual capacity of 1.525 GW, taking the total capacity to 3.05 GW.

The company informed the stock exchanges that commercial operations at the unit began at 10 AM on 29th December, 2025. This commissioning is part of Waaree’s broader plan to expand its manufacturing presence across the renewable energy value chain.

According to the regulatory filing, the facility has been set up within Waaree Power Private Ltd’s existing factory premises at Sarodhi–Valsad, Gujarat. Additional details of the development are available on the company’s official website.

The disclosure was signed by Rajesh Ghanshyam Gaur, Company Secretary and Compliance Officer of Waaree Energies Ltd. It was submitted to both BSE Limited and the National Stock Exchange of India Ltd.

At 10:50 AM, shares of Waaree Energies were trading 1.56% lower at Rs 2,934 on NSE.

Tradz by EquityPandit leverages advanced AI technology to provide you with powerful market predictions and actionable stock scans. Download the app today and 10x your trading & investing journey!