Waaree Renewable shares nosedive to hit 20% lower circuit

 

Waaree Renewable Technologies' shares extended their losing streak for the fourth consecutive session, plunging 20% in Monday's intraday trade to hit the lower circuit at Rs 951 on the BSE. The decline began on January 8, following the announcement of the resignation of the company’s Chief Financial Officer (CFO), Dilip Panjwani, on January 7, after the market closed.