Gensol Engineering's stock is trading at ₹849.20 on the BSE, marking an increase of ₹9.70 or 1.16% from the previous close of ₹839.50. The stock opened at ₹854.00 and has fluctuated between a high of ₹859.00 and a low of ₹845.00, with 16,344 shares changing hands so far.
This BSE group 'A' stock, with a face value of ₹10, hit a 52-week high of ₹1,377.10 on February 20, 2024, and a low of ₹720.00 on December 11, 2023. Over the past week, it ranged between ₹860.00 and ₹745.60. The company's market capitalization currently stands at ₹3,216.17 crore.
Promoter holdings are at 62.58%, while institutional investors and non-institutional investors own 2.30% and 35.12%, respectively.
As of October 31, 2024, Gensol Engineering’s Solar EPC (Engineering, Procurement, and Construction) order book surpassed ₹5,400 crore, supported by a robust pipeline of bids. Additionally, the company has secured contracts for Battery Energy Storage Systems (BESS) under the Build, Own, Operate (BOO) model, enhancing revenue prospects and underscoring its commitment to renewable energy. The total revenue visibility as of the same date stood at ₹10,382 crore.
Gensol Engineering specializes in technical due diligence, detailed engineering, quality assurance, construction oversight, and consulting services for solar projects in India and globally.