Predicting stock prices is always uncertain, which is why the market exists since we will have differing opinions. However, I believe the Solar EPC sector is becoming increasingly crowded, with lower entry barriers allowing new players to enter regularly, driven by favorable conditions and government support. Ultimately, the market share will shrink, and valuations will stabilize. Most of re-rating is already done, now dust has to settle.
Between i just happen to open their website (never invested / researched waaree so far), looks like they are super busy for sure. Someone needs to move to 2024 
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