Why is Waa Solar falling/rising?

Sep 18 2025 11:02 PM IST
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As of 18-Sep, Waa Solar Ltd's stock price is at 70.70, down 0.98%. Despite recent short-term gains, the stock has significantly underperformed year-to-date, declining 40.49% compared to the Sensex's 6.24% increase.
As of 18-Sep, Waa Solar Ltd's stock price is currently at 70.70, reflecting a decrease of 0.7, or 0.98%. The stock has recently experienced a trend reversal, falling after three consecutive days of gains. Despite this decline, the stock has shown positive performance over the past week and month, with returns of 3.99% and 5.76%, respectively. However, it has significantly underperformed the sector today by 1.21%. The stock's delivery volume has increased by 79.25% compared to the 5-day average, indicating rising investor participation. The stock's moving averages suggest it is performing better than the 5-day, 20-day, and 50-day averages but is still below the 100-day and 200-day averages. There is no information available regarding positive or negative factors impacting the stock's recent movement.

In the broader market context, Waa Solar's short-term performance over the past week has outpaced the Sensex, which has only gained 1.80% during the same period. However, the stock's year-to-date performance is concerning, showing a decline of 40.49%, while the Sensex has increased by 6.24%. This stark contrast highlights the challenges faced by Waa Solar in the current market environment, despite its recent short-term gains. Overall, while the stock has shown some positive momentum recently, the current decline suggests a correction after a brief rally, compounded by its significant underperformance relative to the benchmark over the year.
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