Waaree Energies Share: Waaree Energies Ltd (NSE: WAAREEENER) is one of the few stocks that has been in the news a lot in the last few days. The company’s share first had a blockbuster listing.
After that, a continuous rise was seen. But Donald Trump’s return has shocked the investors of this stock. Trump had announced during his election rallies that he was going to increase the exports to his country.
If such a decision is taken by the new US government, then companies like Waaree Energies Ltd will be negatively affected.
What Will Change?
Donald Trump had said in his speech after winning the election that he would shut down renewable projects on the very first day of joining office.
Many big Indian companies export solar modules to the US. However, the new policy may create problems for them.
The Last Two Trading Days Were Tough For Investors
Waaree Energies Ltd stock prices saw a huge fall on Friday. At the time of market closing, the price of the company’s share was at 3133.70 after a fall of 6.66 percent in BSE.
After that, the value of the share in the company was at the price of 3,186 rupees. The market value of the company was below the threshold of the threshold of 1 lakh crore rupees.
At the time of market closing on Friday, the market cap of the company was Rs 90,030.25 crore. Let us tell you, that the share of Waaree Energies Ltd has seen a decline on both Thursday and Friday.
The decline in the company’s share was seen at a time when the stock price increased by 150 percent from the issue price.
Let us tell you, the company was listed on NSE at Rs 2500. In the same way, the price range of Waaree Energies Ltd’s IPO was 1503 rupees.
Quick Fact
Company name: Waaree Energies
| Recent News | Stock in news for major fluctuations |
| Initial Listing | Blockbuster |
| Recent Share Performance | Continuous rise, then sharp fall |
| Recent Political Impact | Potential export issues due to Trump |
| Possible Impact | Negative for renewable exports |
| Recent Trading Days | Decline observed on Thursday and Friday |
| Friday Closing Price (BSE) | ₹3,133.70 |
| Friday Decline | 6.66% drop |
| Market Cap on Friday | ₹90,030.25 crore |
| Pre-Decline Market Cap | Above ₹1 lakh crore |
| Overall Share Gain | 150% above issue price |
| Initial Listing Price | ₹2,500 |
| IPO Price Range | ₹1,503 |
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