Why is Waa Solar falling/rising?

Sep 16 2025 10:55 PM IST
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As of 16-Sep, Waa Solar Ltd's stock price is at 69.00, having increased by 0.77% over the last two days and 4.62% over the past week, outperforming the Sensex. However, it remains significantly lower than its long-term moving averages and has declined by 41.92% year-to-date, indicating ongoing investor caution.
As of 16-Sep, Waa Solar Ltd's stock price is currently at 69.00, reflecting an increase of 0.53 (0.77%). The stock has been gaining for the last two days, with a total return of 2.39% during this period. Additionally, the stock's performance over the past week shows a gain of 4.62%, which outpaces the Sensex's increase of 1.58%. The delivery volume on 15 September rose significantly by 110.53% compared to the 5-day average, indicating rising investor participation. However, the stock remains lower than its 50-day, 100-day, and 200-day moving averages, suggesting that while there is some positive momentum, it has not yet regained its longer-term strength. There are no available positive or negative factors to further clarify the stock's recent movement.

Broader market context indicates that Waa Solar's short-term performance has been stronger than the benchmark, with a 1-week return of 4.62% compared to the Sensex's 1.58%. However, looking at the year-to-date performance, Waa Solar has declined by 41.92%, while the Sensex has increased by 5.43%, highlighting a significant underperformance over a longer time frame. Despite the recent gains, the substantial year-to-date decline suggests that investors may still be cautious about the stock's overall recovery potential in the broader market environment.
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