India's Websol Energy System gains on Q2 profit rise; co expands into solar energy
BUZZ-India's Websol Energy System gains on Q2 profit rise; co expands into solar energy ** Websol Energy System's shares RIC up 5%, stock nearly at one-month high of 72 rupees
** Solar cell maker logs 73.2% rise in Q2 profit after tax; rev more than doubles
** Co's order book at 12.8 billion rupees as of September 30
** Expands operations into solar parks, energy trading business with subscription of 40% equity in Bright Earth Cell
** Stock down 20% so far this year
(Reporting by Prerna Bedi in Bengaluru)
((Prerna.Bedi@thomsonreuters.com; +91 98052 24616;))
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