Waaree Energies’ shares fell 2% after Kotak Institutional Equities initiated coverage with a ‘Sell’ rating and set a target price of Rs 2,550, suggesting a potential downside of 6.5% from the previous closing price of Rs 2,724. “We initiate coverage on Waaree Energies with a ‘Sell’ rating and a DCF-based fair value of Rs 2,550,…
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