** Shares of Waaree Renewable Technologies NSE:WAAREERTL gains 3.5% to 1,060 rupees
** Stock set for its biggest one-day pct gain since May 12
** Renewable energy co wins contract from CESC Ltd's NSE:CESC unit to develop solar power project for 3.46 billion rupees ($40.5 million)
** WAAE trades above 50-, 100-, 200- day moving avgs, after breaching 50-DMA, indicating a bullish sentiment
** Stock up 17.4% since its debut in April
($1 = 85.4900 Indian rupees)