Indian solar firms Premier, Waaree rise on US tariff-spurred prospects
22/04/2025 06:31
** Shares of India's Premier Energies PEME.NS jump over 5%; Waaree Energies WAAN.NS add 2% ** Both stocks extends rally to eighth straight session ** Indian solar module makers, which count U.S. as a key market, set to gain from Washington firming tariffs on Southeast Asian solar imports ** On the day, PEME's trading vols nearly 3x 30-day average, WAAN's over 2x ** Day's move trims PEME's YTD decline to 21%; WAAN so far in 2025 has lost 9% (Reporting by Hritam Mukherjee in Bengaluru) ((Hritam.Mukherjee@thomsonreuters.com;))
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