Websol Energy System

The share price of Websol Energy System, which was once priced at ₹ 1.25 in April 2020, is now trading at ₹ 122 on the NSE. Here's share price trend and investment growth of the multibagger penny stock.

Websol Energy System manufactures solar cells and modules in West Bengal, serving domestic and international markets. Its shares recently surged after investor Vijay Kedia acquired a stake. The company is set to announce Q4 results and potentially its first dividend in 17 years.

Multibagger small-cap stock: Websol Energy shares jumped more than 15% on Tuesday's market after an MoU update to explore PV ingot and wafer manufacturing opportunities in India. Check how the shares of the company have performed over time.

Here’s a quick look at stocks likely to be in focus in today's trade.

Indian companies are increasingly using stock splits, particularly in a 1:10 ratio, to enhance liquidity and attract retail investors. This strategy makes shares more affordable without altering market capitalization, often resulting in increased trading volumes and broader shareholding patterns.

Looking at its calendar-year performances, the stock finished positively in 6 out of last 10 years. Notably, it generated multibagger returns in all these six years, with CY21 leading at a gain of 242%, followed by CY17, CY15, and CY23 with gains of over 166%, 158%, and 157%, respectively.

UltraTech Cement, RBL Bank, Hindustan Zinc, Atul, Central Bank of India, CESC, CreditAccess Grameen, Hatsun Agro Product, HT Media, Sunteck Realty, Tejas Networks, and Websol Energy System are among the companies set to announce their quarterly earnings on 19 January