Shares of Waaree Energies surged 10% to hit the upper circuit on Tuesday as investors assessed potential beneficiaries from the evolving US–India trade dynamics. Market sentiment turned positive for companies with meaningful revenue exposure to the US, amid expectations of improved trade flows and stronger export demand.
Waaree Energies has emerged as a key stock in focus, deriving around 20% of its revenues from the US market. The company’s strong presence in solar module manufacturing and growing footprint in overseas markets have positioned it well to benefit from any favourable trade developments between the two countries. Rising demand for clean energy solutions in the US further adds to the positive outlook for the company.
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Waaree Energies