Scrip Name : Webel SL Energy
CMP : Rs 240
Positive Factor : Volume Accumulation of about 75% in last 7 days alone
A break out above 250 can take to a huge rally in this stock.
Webel Solar 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 5 MW manufacturing facility for cells and modules.
Recent news about Webel SL Energy
1. Rescinded the resolution passed in the Board Meeting held on January 31, 2008 to acquire 100% shares of the Singapore Joint Venture Company Micro Power Trading Co. Pte Ltd.
2. Cancelled the Extra-ordinary General Meeting scheduled to be held on March 24, 2008. The notice of the Extra-ordinary General Meeting scheduled to be held on that date for approval of the proposal as discussed earlier was not dispatched.