New Delhi, Jan. 27 -- After a blockbuster debut on the BSE in October 2024, when its shares listed at a 69.66% premium, Waaree Energies has seen its performance falter dramatically. The stock has plunged 37% from its peak of Rs.3,743, closing at Rs.2,355.95 on 23 January, 2025. The sharpest blow came on 22 January, when the stock plummeted by 10% in a single trading session triggered by the expiration of a shareholder lock-in period, which escalated its selling pressure.
The solar solutions company is navigating a volatile market, and investor unease has further deepened due to concerns over global trade policies, particularly in the US.
As the largest manufacturer of solar modules in India, Waaree Energies stands as a forerunner for th...
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