Indian solar firms Premier, Waaree rise on US tariff-spurred prospects

Waaree Energies

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;))