Premier Energies and Waaree Energies Plunge Up to 7%: F&O Blues and Brokerage Pressure

Premier Energies & Waaree Energies (renewable energy) saw share prices fall dramatically on Monday, with Premier Energies down more than 7% at an intraday low of ₹782.4 on the NSE; Waaree Energies down nearly 6% to ₹2,706.00 at the time of writing, which is 2:35 PM (NSE time). 

At that time, Premier Energies was trading 6.8% lower at ₹788.5 (compared to ₹845.90 prior close), while Waaree Energies had lost 5.41% to ₹2,717 (compared to ₹2,866.30). The NSE Nifty 50 was trading at 26,240.55, which was a decline of 0.35% or 88 points.

Invest in Indian Markets and Unlock Future Potential With 5paisa!

Open Account Now

Persistent Downtrend Post-F&O Inclusion

Premier Energies has declined in six of the last seven trading sessions, and Waaree Energies has declined for the last eight consecutive days. This decline coincided with their addition to the Futures & Options (F&O) segment. Recently added stocks (particularly high-profile stocks) that trade in derivatives have experienced a similar increase in volatility following a recent pattern due to the additional trading of derivatives.

Brokerage Downgrades Fuel Selling Pressure

The International brokerage firm Bernstein maintained a rating of Underperform on both companies. Their analysis indicates that the valuations of both companies are still high relative to the market’s outlook for solar energy and, as well, may not support current levels due to slowing global demand and subsidy changes in the coming months.

Leadership Transition Adds to Uncertainty

Amit Paithankar, CEO of Premier Energies, resigned last month and was succeeded by Jignesh Rathod. Changes in management often lead to an erosion of short-term sentiment, particularly in growth-oriented renewable energy companies where execution stability is crucial.

Order Wins Offer Long-Term Visibility

Counteracting these short-term negative factors, Premier Energies has announced that it received new orders worth ₹2,307.30 crore in Q3FY26 (December 2025) to be executed in FY27 and FY28. These new orders will support revenues and are consistent with the company’s stated goal of expanding its solar cell production capacity to 10.6 GW and solar module production capacity to 11.1 GW by September 2026.