Stock of this power generation company has zoomed over 8500% since 2021
Shares of Waaree Renewable Technologies (erstwhile Sangam Renewables) rallied 14 per cent to hit a new high of Rs 1,242 on the BSE in Wednesday’s otherwise subdued trade. The S&P BSE Sensex was down 0.13 per cent at 65,529, at 12:15 pm.
The stock of the power generation company has zoomed 148 per cent thus far in the calendar year 2023. In comparison, the S&P BSE Sensex was up 7 per cent during the period. Since 2021, the market price of the company has skyrocketed 8,525 per cent from a level of Rs 14.40 at the end of calendar year 2020.
