New Delhi: The shares of Waaree Energies and Prestige Estates Projects will be in focus on May 30, 2025, Friday. Waaree bagged USD 176 mn solar module supply order in US. Prestige Estates Q4 profit declined 82 per cent to Rs 25 crore.
The 30-share Sensex dropped by 182.01 points to close at at 81,451.01. The NSE Nifty declined 82.90 points to finish at 24,750.70.
Waaree Energies
Waaree Energies shares are likely to be in news as the company has sealed a deal worth USD 176 million with a US-based independent power producer to supply 586 MW solar modules.
As per the agreement, the modules will be manufactured at Waaree Solar Americas’ facility in Brookshire, Texas. The modules are scheduled to be delivered during FY 2026–27 across four projects.
“This agreement reflects Waaree’s unwavering commitment to building a resilient, robust, and technologically advanced clean energy supply chain in the US,” said Sunil Rathi, President, Waaree Solar Americas.
Prestige Estates
Prestige Estates Projects shares will be in focus on June 2, 2205 (Monday) as the real estate firm declared its Q4 2024-25 Results on May 30. In its financials, the company recorded an 82 per cent decline in its consolidated net profit to Rs 25 crore in January-March quarter of FY25, as compared to Rs 140 crore in the year-ago period.
Prestige Estates’ total income declined to Rs 1,589.3 crore in the last quarter of previous fiscal, while it was Rs 2,232.5 crore in the corresponding period of the preceding year.
According to a regulatory filing, the real estate firm’s net profit dropped sharply to Rs 467.5 crore from Rs 1,374.1 crore in the preceding year.
In the 2024-25 financial year, Prestige Estates recorded its total income declining to Rs 7,735.5 crore as against Rs 9,425.3 crore in the 2023-24 fiscal.
Stocks in Focus: The shares of Waaree Energies and Prestige Estates Projects expected to be in news on June 2, 2025, Monday. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
