Websol Energy System Ltd share price hit upper circuit and settled with rally of 1.09% on Bombay Stock Exchange on April 4, 2025 when Sensex plunged 930.67 points to 1265.50 per share. The company informed today that it has sighed a purchase agreement with Luminous Power Technologies Private Limited (“Luminous”) for the supply of 100 MW of Mono PERC Solar Cells. Shares of Websol likely to react on Monday after the latest announcement of the order win. The company has a market cap of Rs 5,341.21 crore and its return on equity is 25.42%. Websol Energy share price witnessed stunning rally of 49.87% in last 1-month only when Sensex gained 3.25%. In last 1-year, the stock jumped 135.90%. Check more details below:
Websol Energy Inks Purchase Agreement With Luminous
According to the exchange filing of the company dated April 5, 2025, “Websol Energy System Limited is pleased to announce the signing of a significant purchase agreement with Luminous Power Technologies Private Limited (“Luminous”) for the supply of 100 MW of Mono PERC Solar Cells. This order, scheduled for delivery between April 2025 and April 2026, represents a key milestone in Websol’s ongoing growth strategy.”
The agreement includes the provision of Mono PERC Solar Cells with an expected efficiency range of 23% to 23.4%. This order marks a pivotal step in Websol’s strategy to strengthen its production capacity and significantly expand its footprint in the rapidly growing renewable energy market, added the press release.
The 100 MW order is a key element of Websol’s expansion strategy, enhancing its domestic presence and operational infrastructure. This agreement further positions Websol to meet the increasing demand for high-performance solar energy solutions, supporting both domestic and international growth opportunities in the solar sector.
Websol Energy Shares Performance
The 52-week high of Websol Energy share price on BSE is Rs 1891.10 per share (as on 08/01/2025) and 52-week low price is Rs 512.50 per share (as on 04/04/2024), respectively. Websol Energy shares slipped 27.46% year-to-date, zoomed over 24% in last 6-months, offered eye-catching surge of 1495.2% in last 2-years. In last 5-years, the stock delivered massive returns of 10,048.36%.
Websol Energy Financials Compared With Peers
The company for the December 2024 quarter declared profit after tax or PAT of Rs 41.59 crore. In comparison, APARINDS announced PAT of Rs 176.06 crore, S&SPOWER reported PAT of Rs -0.87 crore, and PREMCAP declared a PAT of Rs 0.04 crore.
Websol Energy Dividend History
The company recommended 4 dividends since 2006. After 2009, the company did not declare any dividend. It declared dividend at the rate of Re 1 per share in all these years, according to Trendlyne.
Websol Energy Bonus Share History
It recommended bonus share once in the ratio of 1:1 and set December 30, 2009 as the record date.
Websol Energy About
Websol Energy System Limited is a leading manufacturer of solar cells and solar modules based in India. It was established in 1994 and emerged a pioneer in the solar industry. The company is committed to delivering sustainable energy solutions to global markets and continues to expand its footprint in domestic markets.
Disclaimer: The story highlights order win and should not be considered as investment advice by the Moneydaily.in or the Author. Moneydaily.in and the author will not be held responsible for any losses caused as a result of decisions based on the above information. Moneydaily.in advises readers to do their own research or consult a SEBI registered investment advisor before making any investment decisions.
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