Shares of Websol Energy System, a manufacturer of photovoltaic crystalline solar cells and modules based in Falta, West Bengal, India, have gained nearly 27% in just three days, reaching ₹112.12. This surge is primarily driven by the recent acquisition of a 1.02% stake by prominent investor Vijay Kedia, valued at around ₹49 crore. The March quarter shareholding data indicates a shift in ownership, with promoters increasing their stake from 27.71% to 29.72%, while foreign institutional investors reduced their holdings. Additionally, the company is set to announce its Q4 results and consider a potential dividend on April 27, which would be its first dividend payout in nearly 17 years. The stock has shown strong momentum, trading well above its recent base and reflecting a 42% increase over the past month.