Mumbai, December 2 (Udaipur Kiran): Websol Energy System was trading at Rs. 108.50 on the BSE, up by 7.15 points or 7.05 per cent from its previous close of Rs. 101.35.
The stock opened at Rs. 101.20 and touched a high of Rs. 117.10 and a low of Rs. 99.00 during the session. So far, 41,80,064 shares have been traded on the counter.
The BSE Group ‘A’ stock, with a face value of Rs. 1, has touched a 52-week high of Rs. 189.11 on January 8, 2025, and a 52-week low of Rs. 80.22 on March 5, 2025. Over the past one week, the stock has moved between Rs. 99.00 and Rs. 117.10. The company’s current market capitalisation stands at Rs. 4,760.88 crore.
Promoters hold 27.71 per cent stake in the company, while institutional and non-institutional investors hold 5.73 per cent and 66.57 per cent respectively.
Websol Energy System has entered into a Memorandum of Understanding (MoU) with Linton, a global leader in photovoltaic (PV) ingot and wafer equipment technology. Under the agreement, both parties will explore the opportunity to manufacture PV ingots and wafers in India. Websol plans to acquire PV ingot and wafer manufacturing equipment from Linton, while Linton will provide technical expertise, including training and skill development for Websol’s team to optimise equipment operations and processes.
Websol Energy System is a leading India-based manufacturer of solar cells and solar modules.
Deependra Singh Chundawat is a Senior Sub-Editor at Udaipur Kiran, specializing in a wide range of technology topics including mobile phones, applications, gaming, PCs, and wearables. Along with covering the latest tech news, he also creates engaging web stories. Passionate about emerging technologies, he stays up to date with the newest trends and enjoys reading and writing about the latest mobile launches and digital innovations.
