Shares of Gensol Engineering Ltd. are locked in another lower circuit of 5% on Wednesday, March 12. This is the sixth straight day of lower circuit for the stock. The stock has now declined for 11 consecutive trading sessions, out of which six have seen the stock been locked in a lower circuit. This 11-day […]
Sensex Today | Stock Market LIVE Updates: Nifty looks to sustain gains this truncated week; Dow futures down 250 points
Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex ended the previous trade session little changed. Nifty 50 closed at 22,552.50, while Sensex ended at 74,332.58. Sensex Today | Stock Market LIVE Updates: Nifty 50 ended the previous trade session 3,724.85 points away from its record high of 26,277.35. Asian […]
Sensex Today | Stock Market LIVE Updates: Nifty 50, Sensex set to open in red; BEL, Gensol Engineering in focus
Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex ended the previous trade session in the green. Nifty 50 closed at 22,544.70, while Sensex ended at 74,340.09. Sensex Today | Stock Market LIVE Updates: Nifty 50 ended the previous trade session 3,801 points away from its record high of 26,277.35. […]
IREDA asset quality to be affected by Gensol Engineering exposure? – CNBC TV18
Shares of Indian Renewable Energy Development Agency (IREDA) Ltd. are trading with gains of over 2.5% on Thursday, March 6. This is the second day of gains for the stock. Wednesday was also the first time that the stock ended with gains after entering the Futures & Options segment. The stock is in focus after […]
Gensol Engineering to cut debt with asset sales amid rating downgrade concerns – CNBC TV18
Gensol Engineering Ltd (GEL) on Wednesday said proceeds from the series of asset divestments will be used to reduce debt as it looked to address concerns around recent credit rating downgrades. Acknowledging the credit rating downgrades by CARE and ICRA, the firm said that it has happened due to a short-term liquidity mismatch which is […]
Gensol Engineering sells US arm Scorpius Trackers for ₹ 350 crore – CNBC TV18
Gensol Engineering Ltd, a key player in India’s renewable energy sector, on Tuesday, February 25, announced a ₹350 crore transaction involving the sale of its US subsidiary, Scorpius Trackers Inc., to a major American renewable energy solutions provider. Company Value Change %Change The deal, structured in two tranches, includes the transfer of exclusive global Intellectual […]
Sensex Today | Stock Market LIVE Updates: Nifty, Sensex set for a muted open; Escorts Kubota, Eicher Motors in focus
Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex ended the previous trade session in the red. Nifty 50 closed at 23,381.60, while Sensex ended at 77,311.80. Sensex Today | Stock Market LIVE Updates: Nifty 50 ended the previous trade session 2,895.75 points below its record high of 26,277.35. Overnight, […]
Gensol Engineering secures ₹897 crore contract for solar projects from NTPC REL – CNBC TV18
Gensol Engineering announced on Thursday that it has secured a ₹897-crore contract from NTPC Renewable Energy Limited (NTPC REL) for the development of 225 MW grid-connected solar projects. Company Value Change %Change The project will be developed on an EPC (engineering, procurement, and construction) basis at the GSECL Solar Park (Stage-III) in Khavda, located in […]
Gensol Engineering net profit grows 29% to ₹23 crore in September quarter – CNBC TV18
Gensol Engineering on Friday posted a 29% rise in ₹22.93 crore net profit after tax on a consolidated basis during the September quarter. The company had posted ₹17.71 crore “net profit after taxes attributable to shareholders of the company” in the same period a year ago, it said in an exchange filing. The company’s total income […]
Sensex Today | Stock Market LIVE Updates: Nifty eyes 14th day of gains devoid of cues from Wall Street
Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex ended the previous trade session in the green. Nifty 50 closed at 25,278.70, while Sensex ended at 82,559.84. Sensex Today | Stock Market LIVE Updates: Nifty 50 ended the previous trade session 54.95 points away from its fresh record high of […]