[ad_1] Shares of Gensol Engineering Ltd. are locked in another 5% lower circuit, having been locked in a similar lower circuit on Monday as well. With this fall, shares of Gensol Engineering have lost 87% of their value from the all-time high of ₹1,147, which the stock had hit in June last year. Gensol Engineering […]
Gensol Engineering Share Price Live: Stock in 5% lower circuit ahead of board meet for fund raise, stock split
[ad_1] Gensol Engineering Share Price Live: Gensol Engineering shares have opened in a lower circuit of 5% ahead of the company’s board meet to consider a fund raising proposal as well as a stock split. The stock has already declined more than 75% from their recent high. The company had informed the exchanges last week […]
Gensol Engineering shares down 75% from peak after declining for 11 consecutive sessions – CNBC TV18
[ad_1] 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 […]
Gensol Engineering promoters sell stake days after assuring buying shares from market – CNBC TV18
[ad_1] Gensol Engineering on Friday, March 7, said its promoters sold 9 lakh shares or 2.37% of the total equity shares of the company to unlock liquidity that would be reinvested into the business via equity infusion. The company said this step is part of a strategy aimed at reinforcing its balance sheet and supporting […]
Gensol Engineering shares in focus again as CFO quits – CNBC TV18
[ad_1] Shares of Gensol Engineering Ltd., which have been locked in a lower circuit for the last three trading sessions, will be in focus yet again on Friday, March 7, post the company’s latest announcement. In an exchange filing late Thursday night, Gensol Engineering said that the board has approved the resignation of its Chief […]
Stock Crash: Gensol Engineering shares fall 20% after a downgrade by CARE Ratings – CNBC TV18
[ad_1] Shares of Gensol Engineering Ltd. saw a sharp fall of 20% on Tuesday, March 4, after its long-term bank facilities along with its short-term bank facilities were downgraded by ratings agency CARE Ratings. CARE has downgraded Gensol’s long-term bank facilities worth ₹639.7 crore to CARE D from CARE BB+ with a stable outlook. Additionally, […]
Gensol Engineering sells US arm Scorpius Trackers for ₹ 350 crore – CNBC TV18
[ad_1] 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 […]
Gensol Engineering secures ₹897 crore contract for solar projects from NTPC REL – CNBC TV18
[ad_1] 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 […]
Gensol Engineering bags ₹780 crore solar PV project in Maharashtra – CNBC TV18
[ad_1] Gensol Engineering on Sunday, November 3, said it has bagged a solar PV project worth ₹780 crore from a leading public utility in Maharashtra. It is a large turnkey engineering, procurement and construction (EPC) order and invovles the development of a 150 MWac ground-mounted solar PV power plant. The same is to be executed […]
Gensol Engineering partners with Matrix Gas & Renewables to develop green hydrogen-powered steel facility – CNBC TV18
[ad_1] Gensol Engineering Ltd on Monday, October 21, said it has partnered with Matrix Gas & Renewables Ltd to develop India’s first and largest green hydrogen-powered steel facility. This initiative, a part of the National Green Hydrogen Mission, aims to revolutionise sustainable steel production by using 100% green hydrogen instead of conventional fossil fuels, Gensol […]