Websol Energy System shares surged 5% to the upper circuit for the third day, marking a 45% rally in six days. Strong quarterly earnings, with net profit soaring 158% and revenue up 132%, coupled with ace investor Vijay Kedia’s fresh purchases, have significantly boosted investor confidence and the stock’s performance.
Vedanta’s demerged entities to trade by mid-June after split, says CEO
Mining giant Vedanta is set to file for listing approval of its demerged companies next week. Shares of these new entities are anticipated to begin