Solar stock under Rs 85 in focus as company announces stellar Q3 & 9M results
Kiran DSIJ / 30 Jan 2026 / Categories: Multibaggers, Penny Stocks, Trending
The stock is up by 16 per cent from its 52-week low of Rs 793.08 per share and has given multibagger returns of 1,750 per cent in 5 years.
On Friday, shares of Websol Energy System Ltd plunged 5.87 per cent to Rs 81.56 per share from its previous closing of Rs 86.65 per share. The stock’s 52-week high is Rs 159.90 per share and its 52-week low is Rs 73.08 per share. The shares of the company saw a Spurt in Volume by more than 3 times on the BSE.
Websol Energy System Ltd has reported a substantial surge in its financial performance for the nine months ending December 2025. Revenue from operations climbed 61 per cent year-on-year to reach Rs 648 crore, supported by a robust EBITDA of Rs 282 crore. This growth was largely fueled by the successful commissioning of a new 600 MW Solar cell facility in West Bengal. By the third quarter, the company achieved a consolidated cell capacity utilisation of 75 per cent, demonstrating a rapid and effective scale-up of its manufacturing capabilities.
The company is now embarking on a massive expansion phase, highlighted by a government-approved 4 GW integrated solar project in Andhra Pradesh. This greenfield facility in Tirupati will benefit from a comprehensive incentive package, including land allotments and power subsidies. To further optimise costs, Websol plans to build a 100 MW captive solar plant to provide reliable renewable energy for its operations. This strategic move aims to strengthen the company’s infrastructure and lower long-term operating expenses.
Looking toward the future, Websol is exploring backward integration to secure its supply chain and enhance margins. The company recently signed a memorandum of understanding with Linton to evaluate manufacturing solar ingots and wafers within India. With a strong Order Book of Rs 1,150 crore and a stable "BBB+" credit rating from CRISIL, the company is positioning itself as a vertically integrated player in the renewable energy sector. These initiatives reflect a clear focus on scaling production while maintaining high operational efficiency.
About the Company
Founded among the pioneers of solar photovoltaic manufacturing in India, Websol specialises in producing high-efficiency solar cells and modules incorporating advanced Mono PERC technology. The Company supplies solar cells primarily within India, supporting module manufacturers to comply with Domestic Content Requirement norms, while its modules are marketed both in India and internationally. Its fully modernised manufacturing facility, located at Falta Special Economic Zone in West Bengal, operates with a current solar cell capacity of 1,200 MW and module capacity of 550 MW. The facility is designed to process wafers up to 210 mm, offering higher energy output and optimised land use for rooftop installations.
Websol’s integrated production model, manufacturing both cells and modules in-house, enhances supply chain control and flexibility to address market dynamics. The Company maintains established partnerships with reputed clients and benefits from supportive policy frameworks that encourage local production and technology advancement, underpinning its long-term strategic positioning in the solar industry. The company has a market cap of Rs 3,400 crore. The stock is up by 16 per cent from its 52-week low of Rs 793.08 per share and has given multibagger returns of 1,750 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.