Latest Updates Around The World
Indian solar stocks have been under pressure lately due to oversupply and surplus concerns. To add to this, a new trade move by the United States has added to the uncertainty. Over the past six months, Waaree Energies shares are down about 15%, while Premier Energies is down about 14%. Websol Energy, on the other […]
Shares of solar energy companies rose in trading on Thursday as brokers dismissed concerns after the US imposed a provisional 126% tariff on solar energy, citing multiple reasons.Shares of Waaree Energies rose over 2% to trade at Rs 2,764.5 per piece, while shares of Premier Energies rose around 2% in morning trade on Thursday to […]
ET Intelligence Group: The imposition of countervailing duties (CVD) by the US Department of Commerce on solar panels from India will not only impact exporters but also companies targeting the domestic market. With the viability of shipments to the US uncertain due to a CVD of 125.87%, exporters are likely to shift unsold inventory to […]
India’s frontline indices closed subdued on Wednesday as weakness in the financial, FMCG index and energy sectors limited upward movement even as IT and auto stocks threw in their weight. The Sensex rose 50.15 points, or 0.06%, to settle at 82,276.07, while the 50-share Nifty rose 57.85 points, or 0.23%, to 25,482.50.Meanwhile, the volatility gauge […]
Shares of Waaree Energies and Premier Energies came under sharp selling pressure on Wednesday after the US government announced steep preliminary countervailing duties of 126 percent on certain solar imports from India. Waaree Energies ended 10 per cent lower at ₹2,708.55 on the BSE after hitting an intraday low of ₹2,571.45 (down 15 per cent), […]
