Premier, Waaree Energies Shares Plunge for Third Day, Extend Post-Listing Losses

• Premier and Waaree Energies shares fell for the third consecutive day, extending losses from their post-listing peaks.
• Premier Energies is down 43% from its 52-week high of ₹1,339; Waaree Energies is down 32% from its high of ₹3,865.
• Brokerage firm Bernstein maintained an "Underperform" rating on both stocks, projecting further downside.
• Premier Energies shares declined in 12 of the last 16 sessions; Waaree Energies in 13 of the last 16 sessions.
• Both stocks are recent additions to the Futures & Options (F&O) segment.

Why It Matters: Premier and Waaree Energies stocks continue their downward trend, with analysts projecting further losses.