Websol Energy System
61.57
+8.28(+15.54%)
Market Cap₹2,598.64 Cr
PE Ratio10.20
Company Performance:
1D+15.54%
1M-6.94%
6M-51.72%
1Y-92.77%
5Y+1,207.22%
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More news about Websol Energy System
12Jan 26
Websol Energy System Receives Government Approval for 4 GW Solar Manufacturing Project in Andhra Pradesh
Websol Energy System has received Andhra Pradesh government approval for establishing a 4 GW greenfield solar cell and module manufacturing facility at MPSEZ, Naidupeta, Tirupati district. The project includes a comprehensive incentive package with land benefits, subsidies, and duty exemptions, along with plans for a 100 MW captive solar power plant. The company reported strong Q2FY26 financial performance with revenue growing 17% to ₹168.00 crore and net profit increasing 10% to ₹46.00 crore, while successfully commissioning its Phase II 600 MW mono-PERC solar cell line with high capacity utilization rates.
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12Jan 26
Websol Energy System Receives Andhra Pradesh Government Approval for 4 GW Solar Manufacturing Project
Websol Energy System has secured official approval from the Andhra Pradesh government for its 4 GW solar cell and module manufacturing project at MPSEZ, Naidupeta. The project includes a 100 MW captive solar power plant and comes with comprehensive government incentives including land allotment, capital investment subsidy, and various exemptions. The company has also partnered with Linton for PV ingot and wafer manufacturing opportunities in India.
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12Jan 26
Andhra Pradesh Government Approves Websol Energy System's 4 GW Solar Manufacturing Expansion at Naidupeta
Andhra Pradesh government has approved Websol Energy System's plan to establish a 4 GW solar cell and module expansion plant at MPSEZ Naidupeta. The project represents a significant investment in renewable energy manufacturing infrastructure and will boost India's domestic solar equipment production capabilities. The strategic location at the port-based special economic zone offers logistical advantages for the manufacturing operations.
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01Jan 26
Websol Energy System Receives CRISIL BBB+/Stable Rating for ₹150 Crore Credit Facilities
Websol Energy System Limited has received CRISIL BBB+/Stable ratings for its ₹150 crore credit facilities, comprising a ₹15 crore cash credit facility and a ₹135 crore term loan. The rating assignment was disclosed under SEBI regulations, with the company providing stakeholders comprehensive information including CRISIL's detailed rating rationale.
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24Dec 25
Websol Energy System shares rally 14% after Rs 73 crore tax demand eliminated
Websol Energy System's stock rallied 14.1% to Rs 97.55 following a favorable ruling in a tax dispute. The Commissioner of Income Tax (Appeals) set aside a Rs 73.04 crore tax demand for the 2017-18 assessment year, eliminating a significant contingent liability. Despite the surge, the stock remains down 46% recently, with technical indicators showing mixed signals.
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24Dec 25
Websol Energy System Wins ₹73 Crore Tax Appeal, Eliminating Major Financial Liability
Websol Energy System has successfully won a tax appeal worth ₹73.00 crores. This victory eliminates a significant financial liability from the company's books, improving its balance sheet position and financial flexibility. The resolution of this tax dispute allows the electrical equipment manufacturer to focus on core business operations and growth initiatives.
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Websol Energy System
61.57
+8.28
(+15.54%)
1 Year Returns:-92.77%
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