Waaree Energies IPO Rides Stock Rally

23 Oct 2024 CW Team

Waaree Energies, one of India's leading solar module manufacturers, is capitalizing on the surging renewable energy sector as it prepares for its Initial Public Offering (IPO). The renewable energy stocks in India have witnessed a remarkable 357% rally, reflecting the growing investor interest in clean energy and the global push toward sustainable development. This market enthusiasm is primarily driven by the ongoing energy transition, government incentives, and the increasing adoption of renewable technologies to meet climate goals.

The company’s IPO filing comes at an opportune time when the renewable sector is seeing exponential growth, with investors seeking opportunities in solar and other green technologies. Waaree Energies aims to leverage the favorable market conditions, with the funds raised through the IPO likely to be used for capacity expansion, research and development, and other strategic initiatives.

As India aggressively pursues its climate targets, the renewable sector, particularly solar energy, is playing a pivotal role. The public offering of Waaree Energies signifies the growing confidence in the sector and is expected to attract considerable investor interest, given the impressive performance of renewable stocks in recent times.

The renewable energy sector has become a focal point for long-term investments, driven by the global shift toward reducing carbon emissions and reliance on fossil fuels. Waaree Energies' entry into the capital market highlights the broader trend of clean energy companies going public, benefiting from both market demand and a supportive regulatory environment. This move further underscores the increasing viability and financial attractiveness of renewable energy in India.

Infrastructure Urban

06 Nov 2025

Concord Control Systems Limited Reports ~85% YoY Growth in H1 FY26

Concord Control Systems Limited (BSE: CNCRD | 543619), India’s leading manufacturer of embedded electronic systems and critical electronic solutions, announced its unaudited financial results for the half year ended September 30, 2025.Financial Highlights – H1 FY26 (YoY Comparison)Revenue from Operations rose to ₹815.45 million, up from ₹497.53 million in H1 FY25, marking a 63.90% year-on-year growth.EBITDA increased to ₹217.34 million, compared to ₹142 million in the same period last year.EBITDA Margin stood at 26.65%, compared to 28.54% in H1 FY25, with the decline attributed to ..

Gateway Distriparks Announces Q2 FY25 Results

Gateway Distriparks Limited (GDL), one of India’s leading multimodal logistics providers, announced its financial results for the quarter ended 30 September 2025.For Q2, the company reported total revenue of INR 154.8 crore (H1: INR 316.9 crore), EBITDA of INR 20.56 crore (H1: INR 45.65 crore), PBT of INR –4.23 crore (H1: INR –0.28 crore), and PAT of INR –2.91 crore (H1: INR –0.37 crore). The company stated that these numbers reflect the consolidation of accounts following Snowman Logistics transitioning from an associate company to a subsidiary in December 2024.Commenting on the per..

Last-Mile Connectivity a Prime Focus, Says Ms. Ashwini Bhide,

The IMC Chamber of Commerce and Industry (IMC) hosted a high-impact Managing Committee session today on the theme “Mumbai Metro: Transforming Connectivity and Commuting.” The session featured an insightful address by Ms. Ashwini Bhide, Managing Director, Mumbai Metro Rail Corporation Ltd. (MMRCL), who shared updates on key transport infrastructure developments across Mumbai and the MMR region.Emphasising the city’s critical economic role, Ms. Bhide noted, “Mumbai is the economic powerhouse of Maharashtra, with more than 95% of the region’s population living in urban areas. As Maharas..