Waaree Renewable shares crash 7% even after Q1 net profit rises 34% YoY. What's spooking investors?

Waaree Renewable shares declined 7% on Thursday after its Q1 FY27 earnings. Net profit rose 34% year-on-year, reaching nearly Rs 116 crore. Revenue from operations also increased over 53% year-on-year to Rs 924 crore. The company acquired a stake in Associated Power Structures, strengthening its T&D capabilities. Waaree Renewable has delivered substantial returns over the past five years.

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