Mumbai, April 23 -- The stock has risen about 21% over the past two sessions after ace investor Vijay Kedia emerged in the company's latest shareholding data with a stake of around 1.02%, or 44.4 lakh shares, acquired during March.

Kedia's name did not appear in the earlier shareholding pattern as of March 13. As per disclosure norms, shareholder names are reflected only when holdings exceed 1%, making it unclear whether the stake is a fresh entry or an increase in an existing position.

The stock has gained 39.18% over the past month and 42.31% over three months, though it remains down 30.22% on a one-year basis.

Websol Energy System is engaged in the business of manufacturing photovoltaic crystalline solar cells and related modules in...