Waaree Energies had an impressive market debut on October 28, 2024, with shares closing 56% higher.
The stock opened at Rs 2,500, up 66.3% from the issue price of Rs 1,503, reflecting strong demand due to positive market sentiment, robust IPO subscription, and favorable government policies for the solar sector. The shares reached an intraday high of Rs 2,624.4 and a low of Rs 2,300 before finishing at Rs 2,338.9 on the National Stock Exchange.