Indosolar share price hit the upper circuit limit on Thursday after rising nearly 5% to ₹712.65. This was driven by rising investor enthsiasm about Indosolar Q2 FY26 earnings resuls, which will be approved on October 10, 2025. The company is backed by Waaree Energies and is engaged in producing solar modules.
Indosolar has shown remarkable growth in recent months. Since June 19, the stock has gained over 300%, reflecting growing investor interest. This sharp increase highlights optimism about the company’s future prospects and the strength of the solar energy sector in India.
The company has also made a financial turnaround. For the fiscal year 2025, Indosolar posted a net profit of ₹55 crore, compared with a loss of ₹15.44 crore in FY24. This shift from losses to profits demonstrates a significant improvement in the company’s financial health and operational efficiency.
Fiscal Year | Net Profit/Loss |
2025 | ₹ 55.00 crore |
2024 | -₹15.44 crore |
Waaree Energies, which acquired Indosolar through insolvency proceedings in October 2018, remains the major shareholder, holding 96.15% of the company as of March 31, 2025. Recently, Waaree Energies sold 4.76 lakh shares, representing a 1.15% stake, via an offer for sale at ₹10 per share.
Indosolar is listed under the ‘T’ Group of securities, which comes with certain trading restrictions. These include:
Such measures are designed to manage market volatility and risk for investors.
Read more: HFCL Share Price in Focus: Secures $34.19 Million Export Order for Optical Fibre Cables.
Indosolar’s recent stock surge and profitable financial turnaround reflect growing confidence in the company. With Waaree Energies’ backing and an upcoming board review, investors with a demat account are keeping a close eye on developments in the solar energy space.
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Published on: Oct 9, 2025, 1:07 PM IST
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