🔻 Solar Stocks Slide: Waaree & Premier React to U.S. Policy Shift

Indian solar giants Waaree Energies and Premier Energies saw their shares fall by up to 11% today, following a global dip in renewable energy stocks. 📉 What’s Driving the Drop? The U.S. House has advanced a tax bill proposing major rollbacks in clean energy incentives — including eliminating the 30% federal tax credit for residential solar. This has triggered sharp sell-offs in solar-related companies worldwide. 🌎 Global Ripple Effect Both Waaree and Premier have meaningful exposure to U.S. markets, and reduced policy support there raises concerns about future demand and project pipelines. 📊 Investor Takeaway Today’s drop highlights how global policy shifts can impact domestic stocks — especially in sectors like clean energy that rely on international demand and support.