While Waaree Continues Gravity Defying Climb, Other Renewable Stocks Dragged Down April 15

10 out of the 11 renewable stocks in our basket dropped today, usually falling  more than the market, thanks to the sharp run up the category has seen in prices. The outlier as usual was Waaree Renewable technologies, which recovered smartly from the morning volatility to be back at the 5% upper circuit. The fall in RE stocks might be counter intuitive to some, considering how it is the risk of war and rising oil prices that have caused the market nervousness today. But that all falls into perspective when we consider how sharply all renewable energy stocks have risen these past few months. Be prepared for some roller coaster movements.

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