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Bloomberg Quint

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Websol Energy Share Price Hits Life High As Company Orders Equipment For Falta Facility

  • Websol Energy System Ltd.'s share price hits a lifetime high as the company orders equipment for its Falta facility.
  • The additional capacity of 600 MW Cell line at Falta Plant is expected to be installed and commissioned in the first quarter of 2025-26.
  • On October 29, the company announced the commissioning of a 600 MWP Mono PERC bifacial solar cell manufacturing facility and a 550 MWP module manufacturing facility.
  • The stock has risen 633.9% year-to-date, reaching its highest level, but the relative strength index suggests the stock may be overbought.

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