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Waaree Energies to Premiere Energies: Which solar stocks to bet on amid supply glut & US duty overhang?
Indian solar stocks face pressure from oversupply and a US duty overhang, impacting companies like Waaree Energies and Premier Energies. While domestic module capacity outstrips demand, new US tariffs on certain imports add uncertainty. Experts suggest integrated players and those with diversified markets are better positioned for the evolving sector.
Waaree Energies, Premier Energies Share Price Rebound: Solar Stocks Stabilise in Stock Market Today - Samco
Waaree Energies, Premier Energies Share Price Rebound: Solar Stocks Stabilise in Stock Market TodaySamco
Waaree, Premier Energies shares rise 2% as brokers brush off US CVD fears
Indian solar energy stocks saw gains on Thursday. Brokerages reassured investors, downplaying the impact of new US import duties. Companies like Waaree Energies and Premier Energies are expected to remain largely unaffected. This is due to their sourcing strategies and limited reliance on Indian-made solar cells for US exports.
India's Premier Energies targets Europe, US solar buyers
India's Premier Energies is shifting its focus to exports as Western buyers diversify supply chains away from China. While currently booked domestically, the company plans to tap overseas markets, including a U.S. solar cell plant with Heliene and opportunities in Europe. Premier Energies is also reducing silver dependence, aiming for a complete replacement with copper paste within 12-18 months.
Solar stocks stabilise after US tariff rout; should investors buy or sell Waaree Energies, Premier Energies now?
The mild recovery in solar stocks today follows clearer interpretation of the US Commerce Department’s decision to impose preliminary countervailing duties of about 126 percent. Brokerages played down the earnings impact and reiterated largely positive views on frontline names such as Waaree Energies and Premier Energies.