India's Websol Energy gains on capacity expansion, stock split approvals

Websol Energy System

02/09/2025 06:03

** Websol Energy System WESL.NS rises 5% to 1,410.7 rupees; marks biggest intraday pct gain in more than three weeks

** Solar cells maker approves ~30 bln-rupee ($342.8 mln) investment to expand manufacturing capacity by 4 GW of solar cells, 4 GW of solar modules

** Also approves 1:10 stock split

** YTD, WESL falls 18.6%

($1 = 87.5060 Indian rupees)

 (Reporting by Aleef Jahan in Bengaluru)

 ((aleefjahan.cs@thomsonreuters.com))