Indosolar announced that the company has entered into solar cell supply contract of 5.50 MW valuing approximately Rs 158 million. This contract is under domestic content requirement of national solar mission with EMMVEE Photovoltaic Power Private, Bengaluru.

On Aug. 13, 2014, the company has received contract under domestic content requirement of National Solar Mission with Waaree Energies, Mumbai. The contract is valued at approximately Rs 1.91 billion. The company will supply 67 MW solar cell as a part of contract.

Shares of the company gained Rs 0.33, or 4.94%, to trade at Rs 7.01. The total volume of shares traded was 212,388 at the BSE (10.40 a.m., Thursday).