Waaree Energies Share Price And KPI Green Energy Shares Surge As ₹15,000-Crore Green Ammonia Project And Market Rally Lift Sentiment

Shares of Waaree Energies Limited and KPI Green Energy Limited advanced during Wednesday's session, supported by a broader rally in Indian equities. Waaree Energies shares rose 6.9% after touching an intraday high of ₹2,613.30 against the previous close of ₹2,444. KPI Green Energy shares jumped as much as 5% as they touched an intraday high of ₹347.75 compared to the previous close of ₹331.40.

The gains came as the Nifty 50 and Sensex climbed more than 1% in morning trade. Both indices touched their highest levels since 27 February. Softer crude oil prices and foreign investor inflows, following nearly two years of sustained outflows, supported the market advance.

At 12:14 pm on 11 November 2026, the Nifty 50 rose 1.31% to 25,372.75. The Sensex gained 1.49% to 82,320.02.

On the National Stock Exchange (NSE), the Waaree Energies share price was trading at ₹2,562, up 4.83% at 12:16 pm. The KPI Green Energy share price at the same time was at ₹341.25, up 2.97%.

Waaree Energies Green Ammonia Project In Focus

Waaree Energies plans to invest about ₹15,000 crore to build a green ammonia manufacturing facility in the Kakinada Special Economic Zone (SEZ) in Andhra Pradesh. The proposed plant is expected to produce 1.2 million tonnes annually.

Waaree Clean Energy has acquired nearly 300 acres of land near Kakinada Gateway Port for the project. The investment was likely to be formally announced at the two-day Andhra Pradesh Investment Summit scheduled this week in Visakhapatnam, with a memorandum of understanding (MoU) expected between the company and the state government.

To have a look at the share price returns, Waaree Energies shares have risen 6.56% in the last week and 10.46% in the last month, showing a recent rebound. But the stock is down 13.18% in 2026 and 22.68% in the last year.

KPI Green Energy Share Price Returns

KPI Green Energy's rise was accompanied by a sharp increase in trading activity. Around 72.25 lakh shares changed hands during the intraday session on 11 November 2026. No specific fundamental development was identified behind the stock's advance.

The stock had gained 13.56% over one week and 3.63% over one month. However, it remained down 30.53% in 2026 and 30.68% over one year. It returned 43.49% over three years and 657.02% over five years.

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