Solar Stock Hits 5% Upper Circuit After Reporting 74% Profit Growth in Q2 FY27; Check Order Book and Expansion Plans
India, Nov. 5 -- The shares of the Small-cap company, which specializes in the business of manufacturing photovoltaic crystalline solar cells and related modules in India, are in the spotlight as they have hit the upper circuit following its Q2 results, order book, and expansion plans.
With a market capitalization of Rs. 3,125.54 crores in the day's trade, the shares of Websol Energy System Ltd hit a 5 percent upper circuit, reaching a high of Rs. 71.99 per share compared to its previous closing price of Rs. 68.57 per share.
Q2 Results
Revenue from Operations increased by 114.9 percent YoY, from Rs. 168 crore in Q2 FY26 to Rs. 361 crore in Q2 FY27. However, it declined by 3.2 percent QoQ, from Rs. 373 crore in Q1 FY27 to Rs. 361 crore...
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