Waaree Energies GMP falls ahead of listing. Are multibagger hopes in vain?
Waaree Energies is set to debut on the exchanges on Monday, with shares trading at a grey market premium (GMP) of Rs 1,225. The stock is expected to list at an 81% premium over the upper price band of Rs 1,503. However, the GMP has declined from over 100% recently, indicating potential volatility in its performance.