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WAAREE Energies Limited ( (IN:WAAREEENER) ) has provided an announcement.
WAAREE Energies Limited announced that its wholly-owned subsidiary, Waaree Power Private Limited, will acquire a 76% stake in Racemosa Energy (India) Private Limited, a company specializing in the manufacturing of smart meters. This strategic acquisition is intended to enhance WAAREE’s capabilities and presence across the energy value chain, potentially strengthening its market position and offering new opportunities for growth within the energy sector.
More about WAAREE Energies Limited
WAAREE Energies Limited operates in the energy sector, focusing on renewable energy solutions. The company is known for its solar energy products and services, aiming to expand its market presence in the energy value chain.
Average Trading Volume: 243,531
Technical Sentiment Signal: Strong Buy
Find detailed analytics on WAAREEENER stock on TipRanks’ Stock Analysis page.