Waaree Energies Limited
Motilal Oswal Mutual Fund increased its stake in Waaree Energies from 1.97% to 2.47%, acquiring 1,440,988 shares. This makes the total shares held by the fund 7,107,731. The value of the additional shares is ₹409.34 crore based on Waaree Energies' share price of ₹2840.70.
A manufacturer of solar photovoltaic modules, Waaree Energies designs and produces solar PV modules for utility-scale and distributed solar energy applications. The company operates multiple production facilities across India and maintains an international presence in the renewable energy sector. Established in 1990, it serves customers globally through its vertically integrated manufacturing operations and technical expertise.
AMC arm of Motilal Oswal Financial Services, founded on the belief in long-term buy-and-hold quality investing. Manages over Rs 1.5 lakh crore. Famous for the QGLP (Quality, Growth, Longevity, Price) investment framework and concentrated portfolios with very low churn. Flagship Motilal Oswal Midcap and Motilal Oswal Flexi Cap funds reflect deep conviction positioning with 15-25 stock portfolios.