Waaree Energies and 3 other stocks receives orders for solar modules, defence components and more

Synopsis: Leading Indian companies across the solar, defence, and water sectors are driving growth with key orders. Waaree supplies 150 MW solar modules, TechEra delivers precision defence components, Chiraharit executes a water RO project, and Swan builds a naval training vessel for Oman.

Stocks across renewable energy, defence, and water infrastructure are fueling sectoral growth through significant new orders. These include large-scale solar module supplies, precision-engineered defence components, water treatment projects, and advanced naval vessel construction. 

The developments highlight the expanding capabilities of Indian firms in delivering critical projects both domestically and internationally, reflecting robust demand and strategic sectoral advancement.

Waaree Energies Limited

Waaree Energies is a leading Indian renewable energy company, specializing in manufacturing and exporting solar photovoltaic (PV) modules. It also provides solar inverters, pumps, streetlights and offers EPC and O&M services. The company plays a key role in India’s clean energy sector with multiple manufacturing facilities and a global footprint.

With a market capitalisation of Rs. 87,854 cr, the shares of Waaree Energies Ltd were trading at Rs. 3,054.30 per share, down by 1.6% from its previous close of Rs. 3,103 per share. 

It announced that its wholly owned subsidiary, Waaree Solar Americas Inc, has received an international order from a solar power developer (an Independent Power Producer) for the supply of 150 MW of solar modules. This one-time order is scheduled for delivery during 2026–2027. 

Techera Engineering India Ltd

TechEra Engineering focuses on precision engineering for the aerospace, defense, and automation sectors. It designs and manufactures high‑precision tooling, aircraft assembly equipment, and ground support systems, emphasizing advanced machining technologies and strict quality standards.

With a market capitalisation of Rs. 372 cr, the shares of Techera Engineering India Ltd were trading at Rs. 225.10 per share, increasing 4% in today’s market session, making a high of Rs. 232.75, up from its previous close of Rs. 224.30 per share. 

It has received a commercial order from a private domestic defence entity for the manufacture and supply of precision-engineered components and assemblies. The order, valued at Rs. 2.83 Crore, and it is to be executed over a period of one year.

Chiraharit Ltd

Chiraharit Ltd specializes in water infrastructure solutions, offering turnkey EPC services for irrigation, drinking water, and industrial water projects. Their products include HDPE piping systems, drip and center pivot irrigation, and solar module cleaning solutions, aimed at optimizing water usage. With a market capitalisation of Rs. 43.84 cr, the shares of Chiraharit Ltd were trading at Rs. 8 per share, down by 2% from its previous close of Rs. 8.17 per share. 

It has received a purchase order from Tata Power Renewable Energy Limited for the supply of materials and rendering of services related to a Water RO Plant (Softener System).

The order involves the supply of pipes and fittings as per the BOQ, to be executed at a project site in Rajasthan, with drawing submissions within one week of the purchase order and delivery to be completed within 45 days from the date of MFC. The total consideration for the order is Rs. 69,15,300. 

Swan Defence and Heavy Industries Ltd

Swan Defence and Heavy Industries is an Indian shipbuilding and heavy engineering company. It constructs commercial and defence vessels, offshore platforms, and pressure vessels. The company, headquartered at Pipavav Port in Gujarat, focuses on defence contracts and offshore construction projects.

It has secured a prestigious defence export order from the Government of the Sultanate of Oman to build a state-of-the-art naval training vessel for the Royal Navy of Oman. The 104-metre-long ship, equipped with modern training, accommodation, navigation and helicopter-operation capabilities, is expected to be delivered within 18 months. 

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.

The post Waaree Energies and 3 other stocks receives orders for solar modules, defence components and more appeared first on Trade Brains.