India's Websol Energy hits upper-circuit after posting Q1 profit

Websol Energy System

05/08/2024 05:29

** Shares of Websol Energy System  WESL.NS  up 5% to hit
upper-circuit at 636.3 rupees
    ** Solar cells-maker posts Q1 net profit of 228.8 million
rupees ($2.73 million) vs yr ago loss 50 mln rupees
    ** Shares see third-busiest day in over a month, with more
than 155,000 shares traded
    ** Stock up 160% YTD, after a 156% jump in 2023

($1 = 83.7850 Indian rupees)

 (Reporting by Aleef Jahan in Bengaluru)
 ((aleefjahan.cs@thomsonreuters.com))