Throughout Friday’s buying and selling session, the shares of an organization engaged within the enterprise of solar energy technology and its transmission hit a 5 % higher circuit on BSE, after asserting the event of 14.96 MW/ 1.747 MWp ground-mounted solar energy vegetation in Gujarat.
Worth Motion
With a market cap of Rs. 97.6 crores, the shares of WAA Photo voltaic Restricted opened within the inexperienced at Rs. 71.1, up by round 1.4 %, as towards its earlier closing value of Rs. 70.11. The inventory has delivered unfavourable returns of practically 49 % over a one-year interval, in addition to round 14 % returns within the final one month.
What’s the information
In accordance with the newest alternate filings with the BSE, WAA Photo voltaic Restricted introduced the event of ground-mounted solar energy vegetation with a cumulative capability of 14.96 MW/21.747 MWp beneath the PM-Kusum-C Yojana, positioned in Gujarat for Paschim Gujarat Vij Firm Restricted (PGVCL).
This venture highlights WAA Photo voltaic Restricted’s dedication to India’s clear power transition, contributing to enhanced power safety and supporting the nation’s sustainability aims.
Financials
WAA Photo voltaic reported a decline in income from operations, experiencing a year-on-year lower of practically 39 %, falling from Rs. 23.7 crores in H1 FY24 to Rs. 14.4 crores in H1 FY25. Equally, throughout the identical interval, the corporate’s internet revenue decreased from a revenue of Rs. 5 crores to a lack of Rs. 0.3 crores.
In regards to the firm
Included in 2009, WAA Photo voltaic Restricted is engaged within the enterprise of solar energy technology and its transmission and completely relies upon upon Authorities Insurance policies.
Written by Shivani Singh
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