Websol Energy shares jump 27% in 3 sessions as Vijay Kedia buys stake, dividend buzz adds fuel

Shares of Websol Energy System continued their strong upward momentum on Friday, rising as much as 5.24% intraday to touch Rs 112.12. The stock has now gained for three straight sessions, taking its total surge to nearly 27% in just three days, drawing significant market attention amid renewed investor interest and positive sentiment triggers.

Vijay Kedia’s entry boosts sentiment

Adding further momentum to the rally, the latest March 2026 shareholding data revealed that ace investor Vijay Kedia has picked up a meaningful stake in the solar module manufacturer. He now holds 1.02%, equivalent to over 44.44 lakh shares. At the current market price, this investment is valued at roughly Rs 49 crore, though the exact acquisition price remains undisclosed.


With this move, Kedia emerges as one of the largest individual public shareholders in the company, second only to Amit Mishra among non-promoter investors, according to the updated shareholding pattern.

Institutional reshuffle in March quarter

The March quarter shareholding data shows a clear shift in ownership across investor groups. Promoters raised their stake from 27.71% to 29.72%, indicating higher confidence. Mutual funds slightly increased their holding from 0.31% to 0.32%, while FIIs reduced their exposure from 5.40% to 4.12%.

The combination of promoter buying and marquee investor participation appears to have strengthened market confidence in the counter.

Websol Energy stock price trend

The stock’s momentum has been hard to ignore, rising about 42% over the past month and now trading well above its recent base. It has traded in a wide 52-week range between Rs 50.40 and Rs 158.99, with the current market capitalisation standing at approximately Rs 4,749 crore.

Websol to announce dividend

Adding another layer of excitement, the company has announced that its board will meet on April 27 to consider Q4 results along with a potential final dividend. If approved, it would mark the company’s first dividend payout in nearly 17 years, the last one having been declared in September 2009.

Websol Energy System is an India-based manufacturer of photovoltaic crystalline solar cells and modules, operating a facility in Falta, West Bengal. Its products cater to both domestic and international solar energy markets and are widely used in commercial and industrial installations.

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