Websol Energy System shares rally 14% after Rs 73 crore tax bombshell is defused

Websol Energy System shares jumped as much as 14% after the company won a key tax appeal, with authorities setting aside a Rs 73.04 crore demand for FY18. The ruling removes a major contingent liability from the solar firm’s books, triggering a sharp relief rally despite the stock being down 46% so far in 2025.