Waaree Energies shares at fresh highs! Up 149% from issue price; BSE, NSE seek clarification
Recently-listed Waaree Energies Ltd shares jumped another 7.64 per cent in Wednesday’s trade to scale a fresh record high of Rs 3,740.75. At today’s high value, the stock has rallied 148.89 per cent from its issue price of Rs 1,503 in just eight trading sessions. It is required to be mentioned here that the solar PV module maker has never settled in the red post delivering a strong listing pop on October 28.
Bourses BSE and NSE have put the securities of Waaree Energies under the short-term ASM (Additional Surveillance Measure) framework. Exchanges put stocks in short-term or long-term ASM frameworks to caution investors about high volatility in share prices.
Today, the bourses sought clarification from the company on the stock price…
