Ace investor Vijay Kedia has picked 1% stake in Smallcap solar stock Websol Energy during Q4 FY26. This triggers a strong buying interest in the counter, and the Websol Energy share price hits a 10% upper circuit at INR 107 per share.

According to the latest shareholding pattern as of 31 March 2026, Vijay Kedia picked up 44.44 lakh shares (1.02% stake) in the company. The investment is worth around ~INR 40 crore based on prevailing prices. Vijay Kedia acquired these shares between 13 and 31 March 2026.

The company’s shareholding pattern also reflects moderate institutional participation, with foreign portfolio investors holding around 4.1% stake, while mutual funds and banks maintain a relatively small exposure of about 0.3% each.

From a price performance standpoint, the stock has shown a sharp recovery in recent weeks. It has gained significantly over the past month, nearly doubling from levels around INR 50 in early March to above INR 100 in April. In the near term, the stock has risen close to 20% over the past week and more than 25% over the last month.

However, this rally comes against the backdrop of a volatile longer-term trend, as the stock remains down over 30% on a one-year basis, highlighting the inherent fluctuations associated with small-cap counters.

Fundamentally, Websol Energy System operates in the solar photovoltaic segment, manufacturing solar cells and modules used in commercial and industrial applications. The company has demonstrated strong financial growth, supported by capacity expansion and improving utilisation levels. In Q3 FY26, it reported a substantial year-on-year increase in revenue and profitability, driven by the commissioning of a 600 MW Mono PERC cell line and a steady ramp-up in operations.

Looking ahead, investor focus is likely to shift toward the upcoming board meeting scheduled for 27 April 2026, where the company will announce its Q4 and full-year results. Notably, the board will also consider a proposal for a final dividend, which, if approved, would mark the company’s first dividend payout in nearly 17 years.

Overall, Vijay Kedia’s investment in Websol Energy System has acted as a near-term catalyst for the stock, driving sharp price action and renewed investor interest. However, while sentiment remains positive, the sustainability of this momentum will depend on the company’s ability to deliver consistent earnings growth, efficiently scale its operations, and navigate the cyclical nature of the small-cap segment.

Rajat Bhati has a strong technical background and 5 years of experience in the stock market. He focuses on equity research, technical analysis, IPO valuations, and risk management, helping investors make clearer, data-backed decisions. Today, he works full-time to educate people about the opportunities in IPO market.