by | April 22, 2026 3:02 pm
SYNOPSIS: Ace investor Vijay Kedia made a fresh entry in a solar cell and module manufacturer, acquiring a 1.02 percent stake, emerging among the top shareholders, signalling potential investor confidence following recent corporate developments.
During Wednesday’s trading session, shares of one of the leading manufacturers of high-efficiency solar cells and solar modules in India hit a 10 percent upper circuit on the stock exchanges, after the renowned ace investor Vijay Kedia’s name appeared in the Q4 shareholding.
With a market cap of Rs. 4,088 crores, shares of Websol Energy System Limited hit a 10 percent upper circuit at Rs. 96.85 on BSE, compared to its previous closing price of Rs. 88.05. The stock has delivered negative returns of over 33 percent in the last one year, but has gained by around 27 percent in one month.
The name of renowned ace investor Vijay Kedia appeared in the latest shareholding data of Websol Energy System Limited, indicating that he acquired 44,44,444 equity shares, representing a 1.02 percent stake in the company during the period between 13th and 31st March.
According to the shareholding pattern of Websol as of 31st March 2026, released after Tuesday’s market hours, Vijay Kishanlal Kedia emerged as one of the largest public individual shareholders in the company, second only to Amit Mishra.
Notably, Kedia’s name did not appear in the company’s earlier shareholding pattern as of 31st March, which had been released last month following a preferential allotment of warrants and a subsequent stock split, indicating a fresh entry during the latest reporting period.
Websol Energy System Limited is engaged in the business of manufacturing solar photovoltaic cells and modules. As of Q3 FY26, the company maintains a strong order book of Rs. 1,150 crores, of which the Solar Modules segment contributes 57 percent and the Solar Cells segment represents 43 percent.
The company reported a significant growth in consolidated revenue from operations of around 78 percent YoY, from Rs. 147 crores in Q3 FY25 to Rs. 261 crores in Q3 FY26. Likewise, its net profit increased during the same period from Rs. 42 crores to Rs. 65 crores, representing a rise of around 55 percent YoY. Further, Websol will announce its Q4 FY26 and full-year results on 27th April 2026.
This financial growth was primarily supported by the commissioning of Cell Line-2, a 600 MW Mono PERC facility at Falta, West Bengal, in September 2025. During Q3 FY26, Websol reported a consolidated cell capacity utilisation of 75 percent, with Cell Line-1 operating at 97 percent utilisation and Cell Line-2 at 54 percent as it continues to ramp up operations. In line with this improvement, module capacity utilisation increased significantly from 39 percent in Q1 FY26 to 64 percent in Q3 FY26.
Websol’s strategic expansion plan, announced in September 2025, is progressing steadily. In January 2026, Websol received approval for its proposed greenfield 4 GW solar cell and module manufacturing facility at MPSEZ, Naidupeta, in Tirupati district, Andhra Pradesh. This development follows the Memorandum of Understanding (MoU) signed with the Andhra Pradesh Economic Development Board (APEDB) in November 2025.
Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
Shivani is a Financial Analyst with 5+ years of experience in finance writing, including 3+ years of hands-on experience in financial analysis. She has extensively covered trending themes across key sectors like green energy, banking, insurance, chemicals, IT, and other emerging industries, while analysing sectoral trends and company fundamentals. Her expertise also includes analysing private equity and venture capital acquisitions, providing comprehensive market overviews, and tracking FII/DII investment movements to gauge overall market direction and investor sentiment.
Trade Brains is India’s trusted financial and business news portal.
Phone: 080884 91790
Email: [email protected]
Reach us out at
For Advertisement, Press Releases, Partnerships or to get backlinks on this website, please e-mail us at [email protected]
For Partnerships & Promotio
Visit – tradebrainsawards.com/
Chandan Singh Rawat
Emaill: [email protected]
Mob: (+91)6366648573
Bikram Singhary
Email: [email protected]
Mob: (+91)8088491790
