Websol Energy Faces Trading Challenges Amid Broader Renewable Sector Decline

Jun 13 2025 10:00 AM IST
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Websol Energy System Ltd faced notable trading activity today, hitting the lower circuit limit and closing at Rs 1305.1. The stock experienced a decline and reached an intraday low of Rs 1268.9. The broader Renewable Energy sector also encountered challenges, reflecting a tough market environment.
Websol Energy System Ltd, a mid-cap player in the Other Electrical Equipment industry, experienced significant trading activity today as its stock hit the lower circuit limit. The stock closed at Rs 1305.1, reflecting a decline of Rs 30.5 or 2.28%. The stock reached an intraday low of Rs 1268.9, marking a drop of 4.99% from the previous day's close.

Today's trading saw a total volume of approximately 0.61284 lakh shares, resulting in a turnover of Rs 7.97 crore. The stock opened with a gap down of 3.34%, continuing a trend of underperformance, as it has now fallen for two consecutive days, accumulating a total decline of 4.79% during this period.

In terms of moving averages, the stock is currently positioned higher than the 100-day and 200-day averages but lower than the 5-day, 20-day, and 50-day averages. The broader Renewable Energy sector also faced challenges, declining by 2.43%.

Overall, Websol Energy System Ltd's performance today reflects a challenging market environment, with notable declines in both stock price and investor participation.
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