The Exchange has sought clarification from Waaree Energies Limited with respect to recent news item captioned Waaree Energies, Premier Energies, solar stocks trim losses after clarification on US tariff; still down 5-10%.. The response from the Company is attached.
WAAREEENER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.3 pts less than Nifty Midcap 150 and 0.3 pts more than its Other Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
NSE asked Waaree Energies to clarify a news article about the stock falling 5-10% along with other solar stocks after news on US tariff changes. The company responded that the news article referred to general US tariff policies affecting the entire solar industry, not anything specific to Waaree. It pointed to its earlier filing on February 25, 2026 about the US Department of Commerce imposing preliminary countervailing duties, which applies sector-wide. The company said the share price movement is purely market-driven and there is no undisclosed price-sensitive information pending. It also confirmed that no regulatory or legal proceedings have been initiated against it in this matter.
This is a routine rumour verification and does not contain any new negative or positive information for shareholders. The 5-10% drop in the stock was driven by broader solar sector concerns over US tariffs, not by any company-specific issue, which may reassure investors looking for a buying opportunity.