Websol Energy soars on getting rating revision from CARE for bank facilities

27 Mar 2012 Evaluate

Websol Energy is currently trading at Rs. 19.85, up by 0.45 points or 2.32% from its previous closing of Rs. 19.40 on the BSE.

The scrip opened at Rs. 19.20 and has touched a high and low of Rs. 19.85 and Rs. 19.10 respectively. So far 9745 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 85.80 on 08-Apr-2011 and a 52 week low of Rs. 17.70 on 23-Nov-2011.

Last one week high and low of the scrip stood at Rs. 21.45 and Rs. 19.10 respectively. The current market cap of the company is Rs. 43.62 crore.

The promoters holding in the company stood at 36.71% while Institutions and Non-Institutions held 26.42% and 36.86% respectively.

Credit rating agency, Credit Analysis & Research (CARE) has revised ‘BB’ rating of Websol Energy System’s long term bank facilities. The rating agency has also revised A4 rating to the company’s short term bank facilities.

Websol Energy Systems is a leading producer of Solar Photovotaic Cells and Modules in India. It is one of the fastest growing companies within the solar photovoltaic industry in India with a 30 per cent annual growth rate and a 10 MW manufacturing facility for cells and modules.

Websol Energy System Share Price

1806.90 79.75 (4.62%)
23-Dec-2024 10:11 View Price Chart
Peers
Company Name CMP
Syrma SGS Technology 585.65
DCX Systems 324.30
Kaynes Technology 7108.65
Premier Energies 1305.00
Centrum Electronics 2159.95
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.