The news that US authorities had slapped countervailing duties on solar imports from India, citing unfair government subsidies, left investors jittery. For Waaree Energies Ltd, given 30-35% revenue-share from exports and US manufacturing, fears around export viability and margin erosion took center stage. The stock plunged 10.4% on Wednesday, recovering less than 1% on Thursday.
How Waaree Energies may sidestep US duties
