Waaree Energies surges on securing NABL Accreditation for Advanced Testing Lab

06 Dec 2024 Evaluate

Waaree Energies is currently trading at Rs. 2934.95, up by 95.80 points or 3.37% from its previous closing of Rs. 2839.15 on the BSE.

The scrip opened at Rs. 2883.90 and has touched a high and low of Rs. 2974.90 and Rs. 2852.35 respectively. So far 113168 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 3740.75 on 06-Nov-2024 and a 52 week low of Rs. 2294.55 on 28-Oct-2024.

Last one week high and low of the scrip stood at Rs. 2974.90 and Rs. 2676.15 respectively. The current market cap of the company is Rs. 84316.18 crore.

The promoters holding in the company stood at 64.30%, while Institutions and Non-Institutions held 5.03% and 30.67% respectively.

Waaree Energies has added another feather to its cap by securing NABL accreditation for its cutting-edge PV Module Test Lab (PMTL). Located at Waaree’s state-of-the-art module manufacturing facility in Chikhli, Gujarat this accreditation further strengthens the company’s deliverance to quality, innovation, and sustainability. This marks Waaree’s second NABL accreditation, following the first achieved for its Tumb manufacturing facility.

The National Accreditation Board for Testing and Calibration Laboratories (NABL), a globally recognised body for laboratory accreditation, awarded this recognition under ISO/IEC 17025:2017 standards. This accreditation affirms the lab’s competence in delivering precise and reliable results across a wide array of testing parameters. The PMTL now performs over 48 tests, including thermal cycling, damp heat, mechanical load, and potential-induced degradation, ensuring that PV modules meet stringent performance, safety, and durability requirements. By adhering to internationally accepted testing protocols, Waaree demonstrates its ability to produce modules that withstand diverse environmental conditions while maintaining efficiency and reliability.

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. 

Waaree Energies Share Price

3042.10 -58.40 (-1.88%)
18-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
Havells India 1696.70
Siemens 7665.50
Apar Inds 10031.35
Waaree Energies 3042.10
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