Introduction:
Websol Energy System Limited has secured a significant 100 MW solar cell order from Luminous Power Technologies. This marks a major milestone in the company’s growth, aligning with its strategy to expand capacity and strengthen its presence in the renewable energy sector.
Share Price movement of Websol energy system:
On April 7, 2025, Websol Energy System Limited opened at ₹1,202.65, reaching a high of ₹1,202.65 and a low of ₹1,202.65, down 5.00% from the previous close of ₹1,265.95. The stock is currently trading at ₹1,202.65, with a market cap of ₹5,075.95 Crores.
Websol energy system share price rise:
Websol Energy System Limited has clinched a substantial deal from Luminous Power Technologies. The company has awarded the order to supply 100 MW of Mono PERC Solar Cells. The supply will commence from April 2025 and will be completed by April 2026. This is a major achievement for the company.
Included in the agreement are high-efficiency Mono PERC Solar Cells. They are expected to have an efficiency rating of between 23% and 23.4%. This is in line with the company’s strategy to increase its production capacity and reap the benefits of the rapidly growing renewable energy market in India and the rest of the world.
The 100MW order augments Websol’s operations in India and strengthens its position as a key player in the solar energy segment. The order is in sync with the company’s endeavour to cater to the expanding demand for solar solutions in the domestic as well as global markets.
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Stock performance of Websol energy system for Period of 1 week, 6 months and 1 year:
Websol Energy System stock gained 6.02% in the past week, reflecting positive short-term sentiment. Over six months, it rose by 24.4%, and in the past year, it delivered an impressive 132% return, highlighting strong long-term performance and growing investor confidence.
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Shareholding pattern of Websol energy system:
| All values in % | Dec-24 | Sep-24 | Jun-24 |
| Promoters | 27.71 | 27.71 | 27.71 |
| FII | 2.46 | 0.48 | 0.01 |
| DII | 0.09 | 0 | 0 |
| Retail & others | 69.74 | 71.8 | 72.28 |
About Websol energy system:
Websol Energy System Limited (NSE: WEBELSOLAR) is a prominent Indian manufacturer of high-efficiency photovoltaic solar cells and modules. Focused on renewable energy, the company caters to both domestic and global markets, supporting sustainable power solutions and contributing to India’s clean energy mission.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
