look news india
Websol Energy Systems has given excellent returns to investors over the last one year. On Friday, the company’s shares hit an upper circuit of 5% and reached the level of ₹ 1774.95.
This company manufactures photovoltaic cells and modules and its shares have registered a rise of 17% in December this year.
Tremendous growth of 2000% in one year
- 20 July 2023: Websol Energy’s share was only at ₹84.45.
- December 2024: The stock gained 2000%.
- The company’s manufacturing center is in West Bengal and its products are sold both in India and abroad.
- This company has been producing photovoltaic cells and batteries since 1994.
Company’s performance in the current financial year
The first half of FY 2025 was very good for Websol Energy:
- Profit: ₹64.88 crore.
- Last half (FY 2024): The company had a loss of ₹8.94 crore.
- Last financial year (FY 2024): Total loss stood at ₹120.96 crore.
Share holding structure (as of 30 September 2024)
- Promoters’ stake: 27.71%.
- Retail investors held: 62.58%.
- Non-Resident Indians (NRIs): 7.91%.
History of Dividend and Bonus Shares
- Websol Energy last paid a dividend to investors in 2009.
- In the same year the company also gave 1:1 bonus shares.
- Since then the company has not issued dividend or bonus shares.