Waaree Energies sinks 7% amid renewable energy stocks rout on Trump policy fears

Waaree Energies shares fell 7.7% amid concerns over the new US administrations potential tariffs on solar imports, affecting renewable energy stocks. The anticipated policy changes under President Trump, including higher tariffs and a shift towards fossil fuels, could hinder solar capacity growth and impact Indian exporters. However, US manufacturing plants may mitigate some risks for companies like Waaree.