Credit rating agency, Credit Analysis & Research (CARE) has reviewed the rating assigned to the Websol Energy System based on the recent development and financial performance of Financial Year 2012. Pursuant to this, the rating agency has decided to suspend the ratings assigned to the bank facilities availed by the company.
Earlier, CARE had assigned the rating of ‘C’ to the long term bank facilities of the company. Similarly, the agency had also assigned ‘A4’ to the short term bank facilities of the company.
Websol Energy Systems is a leading producer of Solar Photovotaic Cells and Modules in India. It is one of the fastest growing companies within the solar photovoltaic industry in India with a 30 per cent annual growth rate and a 10 MW manufacturing facility for cells and modules.
| Company Name | CMP |
|---|---|
| Vikram Solar | 209.85 |
| Syrma SGS Technology | 1267.75 |
| Saatvik Green Energy | 478.65 |
| Kaynes Technology | 3076.05 |
| Fujiyama Power Syste | 309.95 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: