Premier, Waaree Energies shares fall up to 7%, down up to 9% since F&O inclusion

Premier, Waaree Energies

• Premier and Waaree Energies shares dropped up to 9% after F&O inclusion.
• Bernstein kept 'Underperform' ratings and downside targets for both stocks.
• Premier Energies fell 12% in a month, Waaree Energies down 13% since listing.

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The shares of Premier Energies and Waaree Energies dropped in trade on January 5. The stocks have fallen up to 9 percent since their inclusion into the futures and options (F&O) segment.

Premier Energies shares fell 7.5 percent to trade at Rs 782.40 apiece on Monday, while Waaree Energies shares fell nearly 5 percent to Rs 2,723 apiece. The two stocks have fallen 8 percent and 9 percent respectively since December 31, the day they were included in the F&O segment.

F&O inclusion:

Earlier last month, NSE announced the introduction of futures and options (F&O) contracts on four individual securities, effective December 31, 2025.

The new additions to the derivatives segment are Bajaj Holdings and Investment, Premier Energies, Swiggy, and Waaree Energies. Inclusion of stocks in F&O is believed to boost their liquidity, visibility, and trading opportunities, allowing investors to hedge portfolios.

HFCL, NCC, Cyient and Titagarh Rail Systems were meanwhile removed from the segment.

Buy, sell or hold?

Bernstein on Monday maintained its 'Underperform' rating on both Premier and Waaree Energies. The international brokerage has a target price of Rs 718 apiece for Premier Energies, implying a downside potential of more than 15 percent from the stock’s previous closing price.

For Waaree Energies, Bernstein kept a target price of Rs 2,109 apiece, implying a downside potential of more than 26 percent from the stock’s previous closing price. The stock is down around 13 percent since listing.

Premier Energies shares have fallen 12 percent in the past one month, and over 23 percent in the past six months. The stock has fallen more than 27 percent since listing.

Waaree Energies shares fell over 7 percent in the past five days, and over 6 percent in the past six months.

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