Waaree Energies shares fall 5% amid heavy trade volumes

Shares of Waaree Energies fell sharply in Monday’s trade, declining 4.68% to hit an intraday low of Rs 2,724.30 on the BSE. The stock opened at Rs 2,856.45 against the previous close of Rs 2,866.60 and witnessed strong selling pressure throughout the session so far.

The stock’s total traded quantity stood at 1.54 lakh shares, far above the 2-week average quantity of 0.5 lakh shares. Turnover for the session came in at Rs 42.55 crore.

This price movement comes just days after the National Stock Exchange (NSE) included Waaree Energies in the Futures & Options (F&O) segment. Alongside companies like Swiggy and Premier Energies, Waaree Energies has been admitted to the derivatives segment effective from the January series, beginning December 31, 2025.

Despite the recent inclusion in the F&O list, Waaree Energies’ stock performance has remained subdued over the short, medium, and long term. In the past week alone, the stock has declined by 8.51%, followed by a deeper 10.87% drop over the last two weeks.

On a monthly basis, the stock is down 5.03%, while the three-month performance shows a sharp decline of 20.64%. The stock has also slipped 8.33% over the last six months and is down 3.21% over the past one year. On a year-to-date (YTD) basis, the stock has lost 7.64%.

Technicals also indicate weakness in the Waaree Energies stock as the shares of the company are currently placed below all its significant exponential moving averages. The RSI, according to the Trendlyne data, also stands at a 34.7 level, closer to the overbought zone of a stock.

An RSI below 30 typically indicates an oversold condition, while a reading above 70 suggests the stock may be overbought.Also read: BEL, HAL, other defence stocks jump up to 5% after US raids Venezuela

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