Waaree Energies Slips 1% After Bold ₹300 Crore Bet on Battery Storage

Waaree Energies takes a strategic dive—investors aren't fully charged up yet.

The renewable energy player just dropped 1% following its ₹300 crore plunge into battery storage infrastructure. Market reaction? A shrug and a half—because when has big capex ever scared traders?

Why it matters: Storage is the holy grail for India's solar ambitions. But execution risk? That’s the elephant in the room. Analysts whisper 'timeline delays' while checking their portfolios.

Bonus jab: Another day, another 'future-proof' investment. Meanwhile, retail investors still can't tell a lithium-ion from an AA battery.

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The funds will be utilised to establish a lithium-ion advanced chemistry storage cell manufacturing plant, marking the company’s expansion into the energy storage segment. This MOVE aligns with India’s growing focus on renewable energy storage solutions as the country pushes toward its clean energy targets.

Waaree Energy Storage Solutions, incorporated in February 2020, has reported nil turnover over the past three years. The subsidiary will continue to remain fully owned by Waaree Energies following this capital infusion.

The company’s market capitalisation stands at ₹99,164.41 crores, with the stock trading well below its 52-week high of ₹3,865.00 reached on September 12, 2025. Sell pressure dominated with 1.37 lakh shares in the sell queue against 73,221 shares on the buy side during afternoon trading.

Published on September 25, 2025